Civic Intelligence

Tech North Atlanta Inc Fka Tech Alpharetta Inc

990 • Fiscal year 2024 • EIN 47-1769869

Jan 01, 2024 to Dec 31, 2024 • Filed on May 12, 2025

Organization Profilewww.techalpharetta.com
925 North Point Parkway 130Alpharetta, GA 30005

(678) 457-2657

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.38x

Higher debt load relative to assets than 83% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.18x

Higher debt load relative to revenue than 70% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

11th percentile

-15%

Higher net margin than 11% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

6th percentile

-30%

Faster asset growth than 6% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

7.0%

Faster revenue growth than 53% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$289,326

Down $122,573 (-30%) from 2023

Net Assets

Down

$180,724

Down $88,669 (-33%) from 2023

Liabilities

Down

$108,602

Down $33,904 (-24%) from 2023

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin11th percentile

Revenue

Up

$593,517

Up $38,645 (+7.0%) from 2023

Expenses

Up

$682,186

Up $203,407 (+42%) from 2023

Net Income

Down

-$88,669

Down $164,762 (-217%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2015: $16,401Liabilities 2015: $02015Assets 2016: $25,692Liabilities 2016: $0Net Assets 2016: $25,6922016Assets 2017: $26,652Liabilities 2017: $0Net Assets 2017: $26,6522017Assets 2018: $50,887Liabilities 2018: $3,290Net Assets 2018: $47,5972018Assets 2019: $105,716Liabilities 2019: $6,458Net Assets 2019: $99,2582019Assets 2020: $155,604Liabilities 2020: $9,395Net Assets 2020: $146,2092020Assets 2021: $208,726Liabilities 2021: $9,602Net Assets 2021: $199,1242021Assets 2022: $288,927Liabilities 2022: $9,127Net Assets 2022: $279,8002022Assets 2023: $411,899Liabilities 2023: $142,506Net Assets 2023: $269,3932023Assets 2024: $289,326Liabilities 2024: $108,602Net Assets 2024: $180,7242024Assets 2025: $308,637Liabilities 2025: $103,924Net Assets 2025: $204,7132025

Highlighted filing

2024

Assets$289,326
Liabilities$108,602
Net Assets$180,724
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2015: $155,241Expenses 2015: $146,673Net Income 2015: $8,5682015Revenue 2016: $174,600Expenses 2016: $165,307Net Income 2016: $9,2932016Revenue 2017: $294,541Expenses 2017: $293,581Net Income 2017: $9602017Revenue 2018: $485,310Expenses 2018: $464,365Net Income 2018: $20,9452018Revenue 2019: $396,820Expenses 2019: $345,159Net Income 2019: $51,6612019Revenue 2020: $408,039Expenses 2020: $361,088Net Income 2020: $46,9512020Revenue 2021: $437,046Expenses 2021: $384,131Net Income 2021: $52,9152021Revenue 2022: $540,519Expenses 2022: $459,843Net Income 2022: $80,6762022Revenue 2023: $554,872Expenses 2023: $478,779Net Income 2023: $76,0932023Revenue 2024: $593,517Expenses 2024: $682,186Net Income 2024: -$88,6692024Revenue 2025: $657,741Expenses 2025: $633,752Net Income 2025: $23,9892025

Highlighted filing

2024

Revenue$593,517
Expenses$682,186
Net Income-$88,669
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Gross Receipts
$673,442
Mission and Program Overview

Mission

Tech Alpharetta is a Tech Economic Development Engine for the City of AlpharettaWe grow new companies & new jobs for the CityWe help attract & retain tech companies in the City We help to attract, retain & grow skilled tech workforce

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$268,367$147,005▼ $121,362
Savings and Temporary Cash Investments$50,843$52,822▲ $1,979
Accounts Receivable$82,323$40,760▼ $41,563
Prepaid Expenses and Deferred Charges-$33,289-
Land, Buildings, and Equipment, Net$10,366$15,450▲ $5,084
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$411,899$289,326▼ $122,573
Other Assets Total-$0-
Liabilities
Deferred Revenue$130,708$99,000▼ $31,708
Accounts Payable and Accrued Expenses$11,798$9,602▼ $2,196
Total Liabilities$142,506$108,602▼ $33,904
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$269,393$180,724▼ $88,669
Total Net Assets Fund Balance$269,393$180,724▼ $88,669
Total Liabilities and Net Assets / Fund Balance$411,899$289,326▼ $122,573

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,623$13,605$26,228
Other Land Buildings$2,827$19,678$22,505
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Bob ToupinChairman
Rich CannonVice Chair
Adwait JoshiBoard Mbr
Afshean TalasazBoard Mbr
Allen NelsonBoard Mbr
Arjuna ChalaBoard Mbr
Avi Singh MalhotraBoard Mbr
Ben AndrewsBoard Mbr
Bob KleinBoard Mbr
Brad ChasonBoard Mbr
Brian WillBoard Mbr
Cheryl KleimanBoard Mbr
Chris DavisBoard Mbr
David FisherBoard Mbr
Dominic SavioBoard Mbr
Garfield AndersonBoard Mbr
Grant WainscottBoard Mbr
James McAnallyBoard Mbr
Janet RodgersBoard Mbr
Jason MocciaBoard Mbr
Jenni PalocsikBoard Mbr
Jessica DiOrio DunnBoard Mbr
Jim GilvinBoard Mbr
Julie HaleyBoard Mbr
Kali BoatrightBoard Mbr
Kevan WilliamsonBoard Mbr
Kiran ManchikantiBoard Mbr
Marcia HaywardBoard Mbr
Melissa Bishop-MurphyBoard Mbr
Pat CiscoBoard Mbr
Rachael NagrowskiBoard Mbr
Ramesh MaturuBoard Mbr
Scott DannerBoard Mbr
Sean KiewietBoard Mbr
Stephen PairBoard Mbr
Stew ChisamBoard Mbr
Sunita AroraBoard Mbr
Sweta SnehaBoard Mbr
Tino MantellaBoard Mbr
Todd HarrisBoard Mbr
Valarie W MackeyBoard Mbr
Whitney Stewart RussellBoard Mbr
Paul NagrowskiDirector
Karen CashionCEO
Mackenzie ThompkinsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
C Tech Consulting LLCManagement/CEO3035 Brierfield Lake, Alpharetta, GA 30004$153,809
Lisa Michelle WestConsulting12543 Wexcroft Lane, Alpharetta, GA 30009$109,963
Revenue and Support

Revenue Composition

Contributions and Grants
$106,500
Program Service Revenue
$425,540
Investment Income
$9,065
Other Revenue
$52,412
Change in Net Assets
$-88,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$548,591
Salaries, Compensation, and Employee Benefits$80,583
Grants and Similar Amounts Paid$53,012
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$89,205$89,205-$178,410
Fees for Services Management$115,357$38,452-$153,809
Other Salaries and Wages$55,716$18,573-$74,289
Grants to Domestic Orgs$53,012--$53,012
Occupancy-$18,036-$18,036
Information Technology$15,074$1,514-$16,588
All Other Expenses$1,152$13,879-$15,031
Advertising-$12,407-$12,407
Other Expenses$19,486$10,117-$10,117
Office Expenses-$8,653-$8,653
Fees for Services Accounting-$7,892-$7,892
Payroll Taxes$4,455$1,485-$5,940
Depreciation Depletion$5,647--$5,647
Insurance-$2,512-$2,512
Travel-$1,086-$1,086
Other Employee Benefits$265$89-$354
Conferences and Meetings-$290-$290
Interest-$17-$17
Total Functional Expenses$389,361$292,825$0$682,186
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tech Alpharetta Womens ForumAlpharetta, GA501(c)(3)Financial support$53,012
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$132,337
Fundraising Direct Expenses$79,925
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$85,587$85,587$32,997$52,590
CIO Speed Dating Event$46,750$46,750-$46,750
Total Events$132,337$132,337$79,925$52,412
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Paul and Rachael Nagrowski are spouses”

Form 990, Part VI, Section A, Line 3

“Organization contracts with C Tech Consulting, LLC for CEO services.”

Form 990, Part VI, Section A, Line 6

“The organization has one class of voting members who serve on the board of directors.”

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

“CEO reviews along with board officers before filing.”

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

“Conflicts of interest are discussed at board meetings.”

Form 990, Part VI, Section B, Line 15A

“Board approves CEO compensation within the budget process.”

Form 990, Part VI, Section B, Line 15B

“Board approves all compensation within the budget process.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Tech Alpharetta Inc
EIN
47-1769869
Phone
6784572657
Address
925 NORTH POINT PARKWAY 130, ALPHARETTA, GA 30005

Signing Officer

Name
Bob Toupin
Title
Chairman
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Toupin
Formed
2014
Legal Domicile
Ga
Voting Board Members
45
Independent Board Members
45
Employees
1
Volunteers
39

Preparer

Firm
Tripp Chafin & Company LLC
Address
1225 Johnson Ferry Rd 200, Marietta, GA 30068
Preparer
R N Chafin Jr
Phone
7705652422
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IRS990/Desc0Tech Alpharetta has helped to build the City of Alpharettas tech ecosystem, and it serves the north metro ATL tech professionals and their companies. In addition, Tech Alpharetta is a tech economic development engine for the City and the State of GA. Tech Alpharetta, first created by the City of Alpharetta in 2013 as the Alpharetta Technology Commission, helps to:-create new jobs and new companies for Alpharetta (incubator); -retain tech companies that have offices in Alpharetta (local corporate retention visits w/City);-attract new tech companies to Alpharetta (incubator tours/meetings w/City Ec. Dev. & visiting companies; creation & growth of robust tech ecosystem in City) -promote Alpharetta as a tech hub (through Tech Alpharettas incubator, events, & extensive PR); -engage local tech leaders and their companies through its board opportunities & its events; -provide local tech workforce development through its incubators educational programs and mentoring for startups; through its Speaker Series educational programs for area tech executives; and through the Tech Alpharetta Womens Forum STEAM Mentoring Program for high school girls at Innovation Academy High School (now an independent 501c3 nonprofit). Tech Alpharettas Mission is to grow more technology and innovation in the City of Alpharetta, GA. Jobs Creation: Tech Alpharettas incubator creates new tech companies and new jobs. The incubator was serving more than 50 tech startup members as of 12/31/24. As of 12/31/24, a total 23 startups had graduated from the incubator since 2015, creating new tech jobs for Alpharetta and the region. Each new tech job, in turn, creates 5 new service industry jobs. In 2024, Tech Alpharettas incubator graduated 1 new startup company, Synaptrix, a 3-employee medical device startup that has since headquartered in the City of Alpharetta and increased its staff size, creating more new jobs and another new tech co. for the City. Tech Alpharettas startup members and startup graduates, together, have created 294 new tech jobs in Alpharetta, and 450 new tech jobs in the state of Georgia, overall. This number doesnt include the new service industry jobs spawned by each one of those new tech jobs. Using Enrico Morellis economic development jobs 5x multiplier (5 new service industry jobs created per each 1 new tech job created), as of 12/31/24, Tech Alpharettas startups had created 1764 new jobs in Alpharetta, and 2700 in the state of Georgia, overall, since 2015. Tech Executives Served: In 2024, Tech Alpharettas hosted a total of 39 events, including Speaker Series educational programs, tech mixers, startup educational workshops, startup meetups, and its special events (Tech Alpharetta Golf Classic, ATLUnlocked event, Tech Alpharetta CIO Speed Dating event), along with its Dec. 2024 open house in its new incubator space. Tech Alpharettas 2024 events once again served more than 2000 area tech executives, from startup to enterprise level companies. There is no other organization successfully serving this constituency in the north metro ATL suburbs, and Tech Alpharettas programs and events have helped to build and serve Alpharettas now-robust tech ecosystem. Tech Alpharettas Board of Directors: As of 12/31/24, there were 44 board members. Tech Alpharetta added 12 new board members in 2024, 4 of whom represented new board companies (Turnberry Solutions, Raymond James, Georgias Own Credit Union, and Cox Communications). Incubator & Office Relocation: In Oct. 2024, after months of planning and hard work, Tech Alpharetta successfully and seamlessly relocated to new space in Alpharetta, located at 925 North Point Parkway, Suite 130, Alpharetta GA 30005. That new space is Tech Alpharettas new tech startup incubator space and headquarters. Tech Alpharetta completed its move on October 14, 2024. The new incubator space includes more startup offices and modern amenities that are helping Tech Alpharetta to serve more tech startups, since the new space and offices
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IRS990/Form990PartVIISectionAGrp/PersonNm0Brian Will
IRS990/Form990PartVIISectionAGrp/PersonNm1Jim Gilvin
IRS990/Form990PartVIISectionAGrp/PersonNm2Ben Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm3Sunita Arora
IRS990/Form990PartVIISectionAGrp/PersonNm4Brad Chason
IRS990/Form990PartVIISectionAGrp/PersonNm5Julie Haley
IRS990/Form990PartVIISectionAGrp/PersonNm6Paul Nagrowski
IRS990/Form990PartVIISectionAGrp/PersonNm7Garfield Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm8Bob Toupin
IRS990/Form990PartVIISectionAGrp/PersonNm9Jessica DiOrio Dunn
IRS990/Form990PartVIISectionAGrp/PersonNm10Sean Kiewiet
IRS990/Form990PartVIISectionAGrp/PersonNm11Bob Klein
IRS990/Form990PartVIISectionAGrp/PersonNm12Kali Boatright
IRS990/Form990PartVIISectionAGrp/PersonNm13Grant Wainscott
IRS990/Form990PartVIISectionAGrp/PersonNm14Avi Singh Malhotra
IRS990/Form990PartVIISectionAGrp/PersonNm15Rachael Nagrowski
IRS990/Form990PartVIISectionAGrp/PersonNm16Cheryl Kleiman
IRS990/Form990PartVIISectionAGrp/PersonNm17Stephen Pair
IRS990/Form990PartVIISectionAGrp/PersonNm18Janet Rodgers
IRS990/Form990PartVIISectionAGrp/PersonNm19Todd Harris
IRS990/Form990PartVIISectionAGrp/PersonNm20Tino Mantella
IRS990/Form990PartVIISectionAGrp/PersonNm21Sweta Sneha
IRS990/Form990PartVIISectionAGrp/PersonNm22Adwait Joshi
IRS990/Form990PartVIISectionAGrp/PersonNm23Afshean Talasaz
IRS990/Form990PartVIISectionAGrp/PersonNm24Arjuna Chala
IRS990/Form990PartVIISectionAGrp/PersonNm25Jenni Palocsik
IRS990/Form990PartVIISectionAGrp/PersonNm26Jason Moccia
IRS990/Form990PartVIISectionAGrp/PersonNm27Kevan Williamson
IRS990/Form990PartVIISectionAGrp/PersonNm28Mackenzie Thompkins
IRS990/Form990PartVIISectionAGrp/PersonNm29Ramesh Maturu
IRS990/Form990PartVIISectionAGrp/PersonNm30James McAnally
IRS990/Form990PartVIISectionAGrp/PersonNm31Scott Danner
IRS990/Form990PartVIISectionAGrp/PersonNm32Stew Chisam
IRS990/Form990PartVIISectionAGrp/PersonNm33Valarie W Mackey
IRS990/Form990PartVIISectionAGrp/PersonNm34Marcia Hayward
IRS990/Form990PartVIISectionAGrp/PersonNm35Whitney Stewart Russell
IRS990/Form990PartVIISectionAGrp/PersonNm36Chris Davis
IRS990/Form990PartVIISectionAGrp/PersonNm37Pat Cisco
IRS990/Form990PartVIISectionAGrp/PersonNm38David Fisher
IRS990/Form990PartVIISectionAGrp/PersonNm39Allen Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm40Kiran Manchikanti
IRS990/Form990PartVIISectionAGrp/PersonNm41Melissa Bishop-Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm42Rich Cannon
IRS990/Form990PartVIISectionAGrp/PersonNm43Dominic Savio
IRS990/Form990PartVIISectionAGrp/PersonNm44Karen Cashion
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$289,326
Liabilities
$108,602
Net assets
$180,724
Revenue
$593,517
Expenses
$682,186
Net income
-$88,669
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.09$1.04$2.05$6.58$6.34$0.24
2024Detailed filing. Detailed filing data is available for this year.$2.89$1.09$1.81$5.94$6.82$0.89
2023Detailed filing. Detailed filing data is available for this year.$4.12$1.43$2.69$5.55$4.79$0.76
2022Detailed filing. Detailed filing data is available for this year.$2.89$0.09$2.80$5.41$4.60$0.81
2021Detailed filing. Detailed filing data is available for this year.$2.09$0.10$1.99$4.37$3.84$0.53
2020Detailed filing. Detailed filing data is available for this year.$1.56$0.09$1.46$4.08$3.61$0.47
2019Detailed filing. Detailed filing data is available for this year.$1.06$0.06$0.99$3.97$3.45$0.52
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.03$0.48$4.85$4.64$0.21
2017Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$2.95$2.94$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$1.75$1.65$0.09
2015Summary only. Only limited summary data is available for this year.$0.16$0.00$1.55$1.47$0.09