Civic Intelligence

Erudite Technology Group

990 • Fiscal year 2022 • EIN 94-3251053

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 05, 2023

2525 E Bayshore RoadPalo Alto, CA 94303

(650) 565-8391

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

33rd percentile

-0.7%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

44th percentile

$34,024

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

40th percentile

-1.8%

Faster asset growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-7.3%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$751,233

Down $13,946 (-1.8%) from 2021

Net Assets

Down

$751,233

Down $13,946 (-1.8%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$1,986,763

Down $156,091 (-7.3%) from 2021

Expenses

Up

$2,000,709

Up $191,228 (+11%) from 2021

Net Income

Down

-$13,946

Down $347,319 (-104%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $367,519Liabilities 2011: $0Net Assets 2011: $367,5192011Assets 2012: $469,874Liabilities 2012: $0Net Assets 2012: $469,8742012Assets 2013: $609,292Liabilities 2013: $0Net Assets 2013: $609,2922013Assets 2014: $784,061Liabilities 2014: $0Net Assets 2014: $784,0612014Assets 2015: $727,936Liabilities 2015: $0Net Assets 2015: $727,9362015Assets 2016: $664,137Liabilities 2016: $0Net Assets 2016: $664,1372016Assets 2017: $851,578Liabilities 2017: $0Net Assets 2017: $851,5782017Assets 2018: $783,336Liabilities 2018: $0Net Assets 2018: $783,3362018Assets 2019: $384,768Liabilities 2019: $0Net Assets 2019: $384,7682019Assets 2020: $699,365Liabilities 2020: $267,559Net Assets 2020: $431,8062020Assets 2021: $765,179Liabilities 2021: $0Net Assets 2021: $765,1792021Assets 2022: $751,233Liabilities 2022: $0Net Assets 2022: $751,2332022Assets 2023: $1,091,088Liabilities 2023: $122,081Net Assets 2023: $969,0072023Assets 2024: $1,083,296Liabilities 2024: $148,558Net Assets 2024: $934,7382024

Highlighted filing

2022

Assets$751,233
Liabilities$0
Net Assets$751,233

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,366,693Expenses 2011: $1,461,834Net Income 2011: -$95,1412011Revenue 2012: $1,494,647Expenses 2012: $1,392,292Net Income 2012: $102,3552012Revenue 2013: $1,537,937Expenses 2013: $1,398,519Net Income 2013: $139,4182013Revenue 2014: $1,664,602Expenses 2014: $1,489,833Net Income 2014: $174,7692014Revenue 2015: $1,477,662Expenses 2015: $1,533,787Net Income 2015: -$56,1252015Revenue 2016: $1,614,776Expenses 2016: $1,678,575Net Income 2016: -$63,7992016Revenue 2017: $1,833,084Expenses 2017: $1,645,643Net Income 2017: $187,4412017Revenue 2018: $1,724,551Expenses 2018: $1,792,793Net Income 2018: -$68,2422018Revenue 2019: $1,553,892Expenses 2019: $1,862,460Net Income 2019: -$308,5682019Revenue 2020: $1,948,553Expenses 2020: $1,901,515Net Income 2020: $47,0382020Revenue 2021: $2,142,854Expenses 2021: $1,809,481Net Income 2021: $333,3732021Revenue 2022: $1,986,763Expenses 2022: $2,000,709Net Income 2022: -$13,9462022Revenue 2023: $2,163,999Expenses 2023: $2,014,313Net Income 2023: $149,6862023Revenue 2024: $2,122,870Expenses 2024: $2,156,072Net Income 2024: -$33,2022024

Highlighted filing

2022

Revenue$1,986,763
Expenses$2,000,709
Net Income-$13,946
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 5, 2023
Return Version
2021v4.1
Gross Receipts
$1,987,196
Mission and Program Overview

Mission

Erudite Technology Group, Inc. is a nonprofit public benefit corporation and is not organized for the private gain of any person. It is organized under the California Nonprofit Public Benefit Corporations Law for charitable purposes. In the context of these general purposes, Erudite Technology Group, Inc. shall, through all appropriate means, promote, encourage, foster and engage in charitable, educational, scientific and civic endeavors which serve the public at large, but have a primary purpose of benefiting children with special needs, including but not limited to: establishing and operating a full-inclusion school, disseminating information through various media conducting research developing educational material and software recruiting persons and organizations with technological talents and providing consulting services for other nonprofit benevolent organizations.

Erudite Technology Group, Inc. dba Hope Technology Group ETG was organized to give the disadvantaged and needy access to technology. In the 21st Century, access to and an understanding of technology will be critical for everyone in our society. However, many disadvantaged and needy children and adults do not have access to technology. ETG wants to help narrow this technology gap. To accomplish this, ETG opened a private school with the mission of providing an exceptional learning experience for typical and special needs children in a full-inclusion, technology rich environment. The full inclusion program will be composed of highly qualified teachers and therapists, who together with parents create the perfect team for each childs development. The small class sizes and low student-to-teacher ratios benefit our students by providing individualized and small group instruction. We will work to identify and build on each childs strengths and help children overcome their weaknesses. Our goal

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$765,179$751,233▼ $13,946
Cash and Non-Interest-Bearing Accounts$658,696$735,212▲ $76,516
Pledges and Grants Receivable$98,619$0▼ $98,619
Land, Buildings, and Equipment, Net$7,864$16,021▲ $8,157
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$765,179$751,233▼ $13,946
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$765,179$751,233▼ $13,946
Total Liabilities and Net Assets / Fund Balance$765,179$751,233▼ $13,946

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$83,257$83,257
Equipment$13,706$39,643$53,349
Other Land Buildings$2,315$9,616$11,931
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gail EwellExecutive DirectorPT$18,274$15,750$34,024
Mary WilsonTreasurerPT$15,274-$15,274

Board Members and Trustees

NameTitle
Russell EwellPresident
Cecilia CoyneDirector
Darren HollandDirector
Tom SchaffernothDirector
Victor WardDirector
Greg BodziochSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$382,009
Program Service Revenue
$1,605,148
Investment Income
$-394
Other Revenue
$0
All Other Contributions
$217,830
Change in Net Assets
$-13,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,644,807
Other Expenses$204,887
Grants and Similar Amounts Paid$151,015
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,225,943$77,561-$1,303,504
Other Employee Benefits$189,485$6,704-$196,189
Grants to Domestic Individuals$151,015--$151,015
Payroll Taxes$98,579$7,306-$105,885
Occupancy$52,183--$52,183
Current Officers, Directors, Trustees, and Key Employees$18,000$15,000-$33,000
Insurance$16,021$6,146-$22,167
Other Expenses$8,470$1,341-$9,811
All Other Expenses$7,944--$7,944
Depreciation Depletion$6,277--$6,277
Comp Disqual Persons$6,229--$6,229
Advertising$4,563--$4,563
Information Technology$3,889--$3,889
Office Expenses$2,516$839-$3,355
Total Functional Expenses$1,885,258$115,451$0$2,000,709
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
G EwellBOD SpouseEmployment compNo$18,000
J EwellBOD ChildEmployment compNo$6,229

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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Executive Director of HTS, a program of Erudite Technology Group, Inc., is the spouse of a Board member. Child of Board member is a part-time employee. Also see Schedule L, Part IV.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Form 990 is prepared by administrative staff with assistance and review by the Treasurer, a CPA. The return is subsequently reviewed and signed by an appointed Board member.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy was adopted in 2005. The policy is reviewed periodically and updated, if needed. Also, the Board members sign conflict of interest forms, which are retained with the corporate documents. At any time during a year if an actual or potential conflict of interest arises, Board members are expected to inform/disclose this to the Board.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

For all positions, management evaluates compensation provided in the public and private sectors and determines the appropriate compensation for the number of hours worked for each person. The positions receiving compensation and date of determination are as follows: Executive Director 2017 Program Manager/Administrator 2017 Financial Administrator 2017

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

To the extent that Erudite Technology Group, Inc. is required by law to disclose or make thse documents available to the public, ETG will do so upon request. If a request is made, management and the Board of Directors would perform an evaluation to determine whether disclosure is required.

Form 990, Part VIII, Line 1E - Government Grants contributions

$155,282 includes: US IRS Employee Retention Credit

Filing and Contact Details

Filer

Filer Name
Erudite Technology Group
EIN
94-3251053
Phone
6505658391
Address
2525 E BAYSHORE ROAD, PALO ALTO, CA 94303

Signing Officer

Name
Cecilia Coyne
Title
Director
Signed
2023-07-05

Organization Details

Principal Officer
Cecilia Coyne
Formed
1996
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
35
Volunteers
30
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IRS990/MissionDesc0Erudite Technology Group, Inc. is a nonprofit public benefit corporation and is not organized for the private gain of any person. It is organized under the California Nonprofit Public Benefit Corporations Law for charitable purposes. In the context of these general purposes, Erudite Technology Group, Inc. shall, through all appropriate means, promote, encourage, foster and engage in charitable, educational, scientific and civic endeavors which serve the public at large, but have a primary purpose of benefiting children with special needs, including but not limited to: establishing and operating a full-inclusion school, disseminating information through various media conducting research developing educational material and software recruiting persons and organizations with technological talents and providing consulting services for other nonprofit benevolent organizations.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0765179
IRS990/NetAssetsOrFundBalancesEOYAmt0751233
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-433
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-433
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt052183
IRS990/OccupancyGrp/TotalAmt052183
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0839
IRS990/OfficeExpensesGrp/ProgramServicesAmt02516
IRS990/OfficeExpensesGrp/TotalAmt03355
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06704
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0189485
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0196189
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1EE Hiring, PR Proc & WC Ins
IRS990/OtherExpensesGrp/Desc2Telephone & Internet
IRS990/OtherExpensesGrp/Desc3Bank Chgs, Lic, Fees & Taxes
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0554
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11341
IRS990/OtherExpensesGrp/ProgramServicesAmt061458
IRS990/OtherExpensesGrp/ProgramServicesAmt119267
IRS990/OtherExpensesGrp/ProgramServicesAmt213419
IRS990/OtherExpensesGrp/ProgramServicesAmt38470
IRS990/OtherExpensesGrp/TotalAmt061458
IRS990/OtherExpensesGrp/TotalAmt119821
IRS990/OtherExpensesGrp/TotalAmt213419
IRS990/OtherExpensesGrp/TotalAmt39811
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt077561
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01225943
IRS990/OtherSalariesAndWagesGrp/TotalAmt01303504
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07306
IRS990/PayrollTaxesGrp/ProgramServicesAmt098579
IRS990/PayrollTaxesGrp/TotalAmt0105885
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt098619
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0CECILIA COYNE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0HTS THERAPY & SUPPL SRVC
IRS990/ProgramServiceRevenueGrp/Desc1HTS TUITION
IRS990/ProgramServiceRevenueGrp/Desc2OTHER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0116189
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11480228
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28731
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0116189
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11480228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28731
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0465960
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0168115
IRS990/PYInvestmentIncomeAmt044
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0147215
IRS990/PYOtherRevenueAmt034788
IRS990/PYProgramServiceRevenueAmt01642062
IRS990/PYRevenuesLessExpensesAmt0333373
IRS990/PYSalariesCompEmpBnftPaidAmt01494151
IRS990/PYTotalExpensesAmt01809481
IRS990/PYTotalRevenueAmt02142854
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-13946
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01604754
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0765179
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0751233
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0382009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0465960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0246869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0237216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0239400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01571454
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0216
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07750588
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0-433
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0-433
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt01571379
IRS990ScheduleA/SubstantialContributorsTotAmt075
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0382009
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0465960
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0246869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0237216
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0239400
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01571454
IRS990ScheduleA/TotalSupportAmt01571237
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt013706
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039643
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053349
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt083257
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt083257
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02315
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09616
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011931
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016021
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0151015
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Discounted tuition.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt018
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Cost
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Hope Technology School HTS, operated by Erudite Technology Group, Inc. and located in Palo Alto, California, offers tuition assistance to students whose families have financial restraints that make them unable to afford full tuition. HTS requires an application and written documentation of family resources in order to determine need. Assistance is awarded after consideration of the family's total education expenses and resources available. Only students who have been accepted for enrollment in HTS are eligible to apply. Assistance is provided in the form of a discount in the amount of tuition due. No cash disbursements are made to individuals. HTS retains applications for assistance and awards information to substantiate the amounts of tuition assistance provided.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0G Ewell
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1J Ewell
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOD Spouse
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOD Child
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt018000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt16229
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Employment comp
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Employment comp
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Executive Director of HTS, a program of Erudite Technology Group, Inc., is the spouse of a Board member. Child of Board member is a part-time employee. Also see Schedule L, Part IV.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is prepared by administrative staff with assistance and review by the Treasurer, a CPA. The return is subsequently reviewed and signed by an appointed Board member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The conflict of interest policy was adopted in 2005. The policy is reviewed periodically and updated, if needed. Also, the Board members sign conflict of interest forms, which are retained with the corporate documents. At any time during a year if an actual or potential conflict of interest arises, Board members are expected to inform/disclose this to the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3For all positions, management evaluates compensation provided in the public and private sectors and determines the appropriate compensation for the number of hours worked for each person. The positions receiving compensation and date of determination are as follows: Executive Director 2017 Program Manager/Administrator 2017 Financial Administrator 2017
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4To the extent that Erudite Technology Group, Inc. is required by law to disclose or make thse documents available to the public, ETG will do so upon request. If a request is made, management and the Board of Directors would perform an evaluation to determine whether disclosure is required.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5$155,282 includes: US IRS Employee Retention Credit
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VIII, Line 1e - Government Grants contributions
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.15$0.93$2.12$2.16$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.12$0.97$2.16$2.01$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$1.99$2.00$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$2.14$1.81$0.33
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.27$0.43$1.95$1.90$0.05
2019Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$1.55$1.86$0.31
2018Summary only. Only limited summary data is available for this year.$0.78$0.00$0.78$1.72$1.79$0.07
2017Summary only. Only limited summary data is available for this year.$0.85$0.00$0.85$1.83$1.65$0.19
2016Summary only. Only limited summary data is available for this year.$0.66$0.00$0.66$1.61$1.68$0.06
2015Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$1.48$1.53$0.06
2014Summary only. Only limited summary data is available for this year.$0.78$0.00$0.78$1.66$1.49$0.17
2013Summary only. Only limited summary data is available for this year.$0.61$0.00$0.61$1.54$1.40$0.14
2012Summary only. Only limited summary data is available for this year.$0.47$0.00$0.47$1.49$1.39$0.10
2011Summary only. Only limited summary data is available for this year.$0.37$0.00$0.37$1.37$1.46$0.10