Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.91x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Balance Sheet
Assets
Up$83,353
Up $43,686 (+110%) from 2022
Net Assets
Up$7,403
Up $2,736 (+59%) from 2022
Liabilities
Up$75,950
Up $40,950 (+117%) from 2022
Revenue And Expenses
Revenue
Up$110,000
Up $45,000 (+69%) from 2022
Expenses
Up$107,264
Up $46,931 (+78%) from 2022
Net Income
Down$2,736
Down $1,931 (-41%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 14, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $110,000
Mission and Program Overview
Mission
To support the technology ecosystem in new york through education and volunteerism.
To support the technology ecosystem in new york through education and volunteerism
Program Services
| Description | Grants | Expenses |
|---|---|---|
| IN 2023 THE TECH:NYC FOUNDATION SUPPORTED THE NEW YORK COMMUNITY THROUGH RESEARCH, TECH FOR GOOD INITIATIVES, AND SUPPORT OF LOCAL COMMUNITY GROUPS THROUGHOUT NEW YORK CITY. THE TECH:NYC FOUNDATION ALSO DEVELOPED CURRICULUM TO ADVANCE CAREER READINESS AND SKILLS-BASED LEARNING FOR YOUNG NEW YORKERS, IN AN EFFORT TO EXPAND ITS WORK IN THE EDUCATION SPACE IN 2024. | $81,500 | $95,368 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JULIE SAMUELS | Executive Director | - | $0 | - | - |
| SARAH BROWN | Chief Financial Officer | - | $0 | - | - |
| JENNY KIM | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Technyc Foundation
- EIN
- 85-1077938
- Phone
- 6465040940
- Address
- 152 WEST 57TH STREET 49TH FLOOR, NEW YORK, NY 10019
Signing Officer
- Name
- Julie Samuels
- Title
- Executive Director
- Phone
- 6465040940
- Signed
- 2024-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Trimnerbeckham Pllc
- Address
- 1750 TYSONS BLVD SUITE 1500, MCLEAN, VA 22102
- Preparer
- David Trimner
- Phone
- 7036631756
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: to support new york city tech ecosystem. Grantee name: bethany crystal. Grantee address: 173 w 88th street, apt ! New york, ny 10024. Grantee relationship: none. Amount given: 20,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: to support new york city tech ecosystem. Grantee name: naacp new york state conference association. Grantee address: 44 wall street, ste., 4e new york, ny 10005. Grantee relationship: none. Amount given: 25,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: to support new york city tech ecosystem. Grantee name: queens economic development corporation. Grantee address: 120-55 queens boulevard kew gardens, ny 11424. Grantee relationship: none. Amount given: 30,000. Total included on form 990-ez, line 10: 75,000.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: information technology. Amount: 1,395. Description: office expenses. Amount: 501. Description: travel. Amount: 302. Total to form 990-ez, line 16: 2,198.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to related party. Beg. Of year amount: 35,000. End of year amount: 45,450. Description: accounts payable. Beg. Of year amount: 0. End of year amount: 500. Description: deferred revenue. Beg. Of year amount: 0. End of year amount: 30,000.”
Raw XML Appendix144 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JENN CLARK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6465040940 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 152 WEST 57TH STREET 49TH FLOOR |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10019 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 39667 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 83353 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 110000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2736 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 13566 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 39667 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 83353 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 91500 |
| IRS990EZ/GrossReceiptsAmt | 0 | 110000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 4667 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 7403 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 4667 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 7403 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JULIE SAMUELS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SARAH BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JENNY KIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CHIEF FINANCIAL OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 2198 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SUPPORT THE TECHNOLOGY ECOSYSTEM IN NEW YORK THROUGH EDUCATION AND VOLUNTEERISM |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IN 2023 THE TECH:NYC FOUNDATION SUPPORTED THE NEW YORK COMMUNITY THROUGH RESEARCH, TECH FOR GOOD INITIATIVES, AND SUPPORT OF LOCAL COMMUNITY GROUPS THROUGHOUT NEW YORK CITY. THE TECH:NYC FOUNDATION ALSO DEVELOPED CURRICULUM TO ADVANCE CAREER READINESS AND SKILLS-BASED LEARNING FOR YOUNG NEW YORKERS, IN AN EFFORT TO EXPAND ITS WORK IN THE EDUCATION SPACE IN 2024. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 81500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 95368 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 35000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 75950 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 107264 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 95368 |
| IRS990EZ/TotalRevenueAmt | 0 | 110000 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE VALUES REPORTED ON SCHEDULE A PART III COLUMN (B) ARE FOR THE SHORT PERIOD FROM THE ORGANIZATION'S FORMATION ON MARCH 4, 2020 THROUGH DECEMBER 31, 2020. THE ORGANIZATION HAD NO GROSS RECEIPTS FOR THE SHORT YEAR ENDED DECEMBER 31, 2020, AND NO GROSS RECEIPTS FOR THE FULL YEAR ENDED DECEMBER 31, 2021. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II PUBLIC SUPPORT TEST: |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 110000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 65000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 175000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 175000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 110000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 65000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 175000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 175000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: TO SUPPORT NEW YORK CITY TECH ECOSYSTEM. GRANTEE NAME: BETHANY CRYSTAL. GRANTEE ADDRESS: 173 W 88TH STREET, APT ! NEW YORK, NY 10024. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 20,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: TO SUPPORT NEW YORK CITY TECH ECOSYSTEM. GRANTEE NAME: NAACP NEW YORK STATE CONFERENCE ASSOCIATION. GRANTEE ADDRESS: 44 WALL STREET, STE., 4E NEW YORK, NY 10005. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 25,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACTIVITY CLASSIFICATION: TO SUPPORT NEW YORK CITY TECH ECOSYSTEM. GRANTEE NAME: QUEENS ECONOMIC DEVELOPMENT CORPORATION. GRANTEE ADDRESS: 120-55 QUEENS BOULEVARD KEW GARDENS, NY 11424. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 30,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 75,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 1,395. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 501. DESCRIPTION: TRAVEL. AMOUNT: 302. TOTAL TO FORM 990-EZ, LINE 16: 2,198. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: DUE TO RELATED PARTY. BEG. OF YEAR AMOUNT: 35,000. END OF YEAR AMOUNT: 45,450. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 500. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 30,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JULIE SAMUELS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6465040940 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TECHNYC FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TECH |
| ReturnHeader/Filer/EIN | 0 | 851077938 |
| ReturnHeader/Filer/PhoneNum | 0 | 6465040940 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 152 WEST 57TH STREET 49TH FLOOR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10019 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 842953567 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TRIMNERBECKHAM PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1750 TYSONS BLVD SUITE 1500 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MCLEAN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 22102 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7036631756 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID TRIMNER |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T13:53:06-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $83,353
- Liabilities
- $75,950
- Net assets
- $7,403
- Revenue
- $110,000
- Expenses
- $107,264
- Net income
- $2,736
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $1.60 | $1.26 | $0.34 | $1.23 | $0.90 | $0.33 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.08 | $0.08 | $0.01 | $0.11 | $0.11 | $0.00 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.04 | $0.04 | $0.00 | $0.07 | $0.06 | $0.00 |