Civic Intelligence

Nashville Technology Council Foundation

EIN 46-3167306 • 501(c)3 • Nashville, TN

Profile

The nashville technology council foundation raises funds to support the ntc's talent development initiatives to enhance the technology programs available to students in middle tennessee. Its mission is to invest in building the pathways for future technology professionals by developing problem solvers and creative thinkers.

500 Interstate Blvd S 200Nashville, TN 37210

www.technologycouncil.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.33x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

26th percentile

-16%

Higher net margin than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-43%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$218,614

Up $33,646 (+18%) from 2023

Liabilities

Up

$71,988

Up $71,988 from 2023

Net Assets

Down

$146,626

Down $38,342 (-21%) from 2023

Revenue

Down

$387,450

Down $292,375 (-43%) from 2023

Expenses

Down

$448,563

Down $87,616 (-16%) from 2023

Net Income

Down

-$61,113

Down $204,759 (-143%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100K-$200KAssets 2016: $149,446Liabilities 2016: $28,447Net Assets 2016: $120,9992016Assets 2017: $54,366Liabilities 2017: $0Net Assets 2017: $54,3662017Assets 2018: $131,622Liabilities 2018: $0Net Assets 2018: $131,6222018Assets 2019: $72,817Liabilities 2019: $0Net Assets 2019: $72,8172019Assets 2020: $84,142Liabilities 2020: $120,000Net Assets 2020: -$35,8582020Assets 2021: $133,598Liabilities 2021: $243,825Net Assets 2021: -$110,2272021Assets 2022: $76,100Liabilities 2022: $34,778Net Assets 2022: $41,3222022Assets 2023: $184,968Liabilities 2023: $0Net Assets 2023: $184,9682023Assets 2024: $218,614Liabilities 2024: $71,988Net Assets 2024: $146,6262024

Highlighted filing

2024

Assets$218,614
Liabilities$71,988
Net Assets$146,626

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2016: $243,649Expenses 2016: $128,707Net Income 2016: $114,9422016Revenue 2017: $207,174Expenses 2017: $273,807Net Income 2017: -$66,6332017Revenue 2018: $314,258Expenses 2018: $237,002Net Income 2018: $77,2562018Revenue 2019: $365,679Expenses 2019: $428,032Net Income 2019: -$62,3532019Revenue 2020: $660,450Expenses 2020: $769,125Net Income 2020: -$108,6752020Revenue 2021: $871,133Expenses 2021: $945,502Net Income 2021: -$74,3692021Revenue 2022: $946,337Expenses 2022: $794,788Net Income 2022: $151,5492022Revenue 2023: $679,825Expenses 2023: $536,179Net Income 2023: $143,6462023Revenue 2024: $387,450Expenses 2024: $448,563Net Income 2024: -$61,1132024

Highlighted filing

2024

Revenue$387,450
Expenses$448,563
Net Income-$61,113

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$387,450
Mission and Program Overview

Mission

The nashville technology council foundation raises funds to support the ntc's talent development initiatives to enhance the technology programs available to students in middle tennessee. Its mission is to invest in building the pathways for future technology professionals by developing problem solvers and creative thinkers.

Build pathway for future tech professionals by developing problem solvers & creative thinkers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$161,803-
Cash and Non-Interest-Bearing Accounts$172,443$12,349▼ $160,094
Land, Buildings, and Equipment, Net$11,932$3,869▼ $8,063
Total Assets$184,968$218,614▲ $33,646
Other Assets Total$593$40,593▲ $40,000
Liabilities
Accounts Payable and Accrued Expenses-$71,988-
Total Liabilities$0$71,988▲ $71,988
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$184,968$146,626▼ $38,342
Total Net Assets Fund Balance$184,968$146,626▼ $38,342
Total Liabilities and Net Assets / Fund Balance$184,968$218,614▲ $33,646

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,869$120,776$124,645
Other Assets Org$40,593--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elise Cambournac End 1224Chair, Ntc Pres. & CEO
Aaron MontlaryDirector
Casey SantosDirector
Chad WassermanDirector
Charlie ApigianDirector
Chris BayhamDirector
Chris CochranDirector
Karl SprulesDirector
Lindsey MorganDirector
Rod McdanielDirector
Stephanie DedmonDirector
Sandi HoffCOO
Revenue and Support

Revenue Composition

Contributions and Grants
$274,159
Program Service Revenue
$113,291
Investment Income
$0
Other Revenue
$0
All Other Contributions
$23,292
Change in Net Assets
$-61,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$448,563
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$316,988--$316,988
Other Expenses$123,407$30-$123,437
Depreciation Depletion$8,063--$8,063
Office Expenses-$75-$75
Total Functional Expenses$448,458$105$0$448,563
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is detail reviewed by the ntc foundation executive director, reviewed by the board chair, and then placed on a drive where the board has access to it.

Form 990, Part VI, Section B, Line 12C

There are very few opportunities for conflicts of interest. Monitoring is part of the role of the governance committee.

Form 990, Part VI, Section C, Line 19

Documents have not been made public.

Filing and Contact Details

Filer

Filer Name
Nashville Technology Council Foundation
EIN
46-3167306
Phone
6158731284
Address
500 INTERSTATE BLVD S 200, NASHVILLE, TN 37210

Signing Officer

Name
Sandi Hoff
Title
COO
Phone
6158731284
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandi Hoff
Formed
2013
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
555 GREAT CIRCLE ROAD, NASHVILLE, TN 37228
Preparer
Frances E Leahy
Phone
6152427351
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0564099
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02726677
IRS990ScheduleA/TotalSupportAmt02726677
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt03869
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120776
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0124645
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt040593
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM NTC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03869
IRS990ScheduleD/TotalBookValueOtherAssetsAmt040593
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt028969
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt19443
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0245999
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1160495
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt06582
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05890
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt11996
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ELISE CAMBOURNAC END 1224
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SANDI HOFF
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIR, NTC PRES. & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0287440
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1171934
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE OF THE RELATED ORGANIZATION, NASHVILLE TECHNOLOGY COUNCIL, ACTS AS A COMPENSATION COMMITTEE AND REVIEWS AND APPROVES ALL COMPENSATION ANNUALLY. ANNUAL REVIEWS ARE PERFORMED, AND SALARY RECOMMENDATIONS ARE MADE BASED ON THE ORGANIZATION'S PERFORMANCE. PAYMENTS TO EXECUTIVES FOR BOTH ORGANIZATIONS ARE PAID VIA THE RELATED ORGANIZATION, NASHVILLE TECHNOLOGY COUNCIL, AND REIMBURSEMENTS FOR THE FOUNDATION PORTION OF THOSE AND OTHER SHARED EXPENSES ARE SHOWN AS "PAYMENTS TO AFFILIATES" ON FORM 990, CORE FORM, PART IX, LINE 21.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS DETAIL REVIEWED BY THE NTC FOUNDATION EXECUTIVE DIRECTOR, REVIEWED BY THE BOARD CHAIR, AND THEN PLACED ON A DRIVE WHERE THE BOARD HAS ACCESS TO IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE VERY FEW OPPORTUNITIES FOR CONFLICTS OF INTEREST. MONITORING IS PART OF THE ROLE OF THE GOVERNANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS HAVE NOT BEEN MADE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0NASHVILLE TECHNOLOGY COUNCIL FOUNDATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0APPRENTECH TENNESSEE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0477686242
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0177061
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0INTERNSHIP PROGRAM
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0113291
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0500 INTERSTATE BLVD SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0NASHVILLE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd037210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NASHVILLE TECHNOLOGY COUNCIL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0621794295
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0GROWTH AND INFLUENCE OF MIDDLE TENNESSEE'S TECHNOLOGY INDUSTRY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0500 INTERSTATE BLVD SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NASHVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd037210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0184968
IRS990/TotalAssetsEOYAmt0218614
IRS990/TotalAssetsGrp/BOYAmt0184968

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