Civic Intelligence

Technica Hacks Inc

990 • Fiscal year 2023 • EIN 47-4760280

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 14, 2024

Organization ProfileNONE
4467 Technology Drive STE 1100College Park, MD 20740

(301) 675-1958

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

6th percentile

-106%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

4th percentile

-85%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-58%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Flat

$12,793

Flat from 2023

Net Assets

Flat

$12,793

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin6th percentile

Revenue

Flat

$70,821

Flat from 2023

Expenses

Flat

$146,095

Flat from 2023

Net Income

Flat

-$75,274

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$150K$100K$50K$0Assets 2017: $45,006Liabilities 2017: $0Net Assets 2017: $45,0062017Assets 2018: $56,430Liabilities 2018: $0Net Assets 2018: $56,4302018Assets 2019: $92,236Liabilities 2019: $0Net Assets 2019: $92,2362019Assets 2020: $90,754Liabilities 2020: $0Net Assets 2020: $90,7542020Assets 2021: $136,383Liabilities 2021: $0Net Assets 2021: $136,3832021Assets 2022: $88,066Liabilities 2022: $0Net Assets 2022: $88,0662022Assets 2023: $12,793Liabilities 2023: $0Net Assets 2023: $12,7932023Assets 2023: $12,793Liabilities 2023: $0Net Assets 2023: $12,7932023Assets 2024: $20,743Liabilities 2024: $0Net Assets 2024: $20,7432024

Highlighted filing

2023

Assets$12,793
Liabilities$0
Net Assets$12,793
Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $61,466Expenses 2017: $38,885Net Income 2017: $22,5812017Revenue 2018: $111,213Expenses 2018: $99,788Net Income 2018: $11,4252018Revenue 2019: $120,149Expenses 2019: $84,343Net Income 2019: $35,8062019Revenue 2020: $47,942Expenses 2020: $49,424Net Income 2020: -$1,4822020Revenue 2021: $140,587Expenses 2021: $94,958Net Income 2021: $45,6292021Revenue 2022: $166,639Expenses 2022: $214,957Net Income 2022: -$48,3182022Revenue 2023: $70,821Expenses 2023: $146,095Net Income 2023: -$75,2742023Revenue 2023: $70,821Expenses 2023: $146,095Net Income 2023: -$75,2742023Revenue 2024: $38,934Expenses 2024: $30,985Net Income 2024: $7,9492024

Highlighted filing

2023

Revenue$70,821
Expenses$146,095
Net Income-$75,274
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 14, 2024
Return Version
2023v5.0
Gross Receipts
$70,821
Mission and Program Overview

Mission

To promote diversity in the technology industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$88,066$12,793▼ $75,273
Total Assets$88,066$12,793▼ $75,273
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$88,066$12,793▼ $75,273
Total Net Assets Fund Balance$88,066$12,793▼ $75,273
Total Liabilities and Net Assets / Fund Balance$88,066$12,793▼ $75,273
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Ashlee NanzeCo Executive Director
Joy WangCo Executive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$70,821
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-75,274
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$146,095
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
Conferences and Meetings$124,316--$124,316
Travel$13,881--$13,881
Fees for Services Accounting-$3,150-$3,150
Other Expenses$1,661--$1,661
Advertising-$400-$400
Total Functional Expenses$142,545$3,550$0$146,095
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
Yes
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 governing body review Part VI line 11

“A copy of the 990 form was provided to thepresident to be distributed to the rest of the Governing body.”

Conflict of interest policy compliance Part VI line 12C

“Technica Hacks follows the following procedures when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the Organization or might result in a possible excess benefit transaction. 1. Requires an interested person to disclose the existence of the financial interest to the directors and members of committees.2. Determines if a conflict of interest exists,3. Follows existing procedures to address the matter.”

Governing documents etc available to public Part VI line 19

“Technica will make its governing documents, conflict of interest policy, and financial statements available to the public during the tax year upon request.”

Filing and Contact Details

Filer

Filer Name
Technica Hacks Inc
EIN
47-4760280
Address
4467 Technology Drive STE 1100, College Park, MD 20740

Signing Officer

Name
Joy Wang
Title
Co Executive Di
Phone
3016751958
Signed
2024-04-14
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
Md
Voting Board Members
18
Independent Board Members
18
Employees
0

Preparer

Firm
A&M Financial Services Inc
Address
320 Main Street Suite 3, Laurel, MD 20707
Preparer
Allan Michel EA
Phone
2404818202
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Rounding difference 1”

Raw XML Appendix275 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the 990 form was provided to thepresident to be distributed to the rest of the Governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Technica Hacks follows the following procedures when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the Organization or might result in a possible excess benefit transaction. 1. Requires an interested person to disclose the existence of the financial interest to the directors and members of committees.2. Determines if a conflict of interest exists,3. Follows existing procedures to address the matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Technica will make its governing documents, conflict of interest policy, and financial statements available to the public during the tax year upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Rounding difference 1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Explanation of other changes in net assets or fund balances Part XI line 9
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Co Executive Di
ReturnHeader/BusinessOfficerGrp/PhoneNum03016751958
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-14
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ReturnHeader/Filer/BusinessNameControlTxt0TECH
ReturnHeader/Filer/EIN0474760280
ReturnHeader/Filer/USAddress/AddressLine1Txt04467 Technology Drive STE 1100
ReturnHeader/Filer/USAddress/CityNm0College Park
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020740
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0020633132
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0320 Main Street Suite 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Laurel
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020707
ReturnHeader/PreparerPersonGrp/PhoneNum02404818202
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Allan Michel EA
ReturnHeader/ReturnTs02024-04-19T21:21:18-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Joy
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wang
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,793
Liabilities
$0
Net assets
$12,793
Revenue
$70,821
Expenses
$146,095
Net income
-$75,274
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$0.39$0.31$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.71$1.46$0.75
2023Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$0.71$1.46$0.75
2022Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$1.67$2.15$0.48
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.00$1.36$1.41$0.95$0.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.00$0.91$0.48$0.49$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.92$1.20$0.84$0.36
2018Summary only. Only limited summary data is available for this year.$0.56$0.00$0.56$1.11$1.00$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.00$0.45$0.61$0.39$0.23