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Maryland · Nonprofit

TECH FREDERICK INC

TECH FREDERICK INC (Maryland) receives grants from 1 organization whose IRS filings report $11,000 to it, the largest being AUSHERMAN FAMILY FOUNDATION ($11,000). 0 of them have funded it in more than one year.

Revenue FY2025
$494k
Funders on record
1
Grants received
$11k
Net assets
$123k
0/1 repeat funderspeak grant-dependency 16%
01What it does

What Tech Frederick Inc does

Mission

We are dedicated to uniting technology enthusiasts, professionals, and organizations through education and a supportive community. We aim to foster a diverse and inclusive environment, ensuring everyone has an opportunity to succeed in the tech and innovation sectors and contribute to our vibrant ecosystem.

As stated on its FY2025 Form 990.

Programs

  1. Aspire training is free (or for a nominal fee) to the frederick county tech community, as well as those who aspire to join it by adding tech skills to their resumes, and is designed to enhance workforce skills through on-line or in-person classes. Approximately 230 people benefitted from aspire training.

    $235,884 spent$16,810 earned by the program
    69% of program spending
  2. Techfrederick games is an annual event designed to provide an opportunity for local tech businesses to connect and have fun, while raising awareness of techfrederick and the participating companies. Approximately 140 people participated.

    $42,199 spent$38,805 earned by the program
    12% of program spending
  3. Techfrederick offers various networking events that focus on connecting local industry professionals with other business leaders. Our events include sales and marketing speaker sessions, roundtable events, and quarterly networking breakfasts. In 2025, our speaker sessions and breakfasts featured local and national subject matter experts who gave informative presentations on topics relevant to the tech community. Techfrederick also hosts in-person evening networking events that are hosted by local tech businesses to facilitate networking and connection opportunities. Approximately 515 people benefitted from the various networking events.additionally in 2025, "an evening with paul nakasone" brought one of the nation's foremost cybersecurity and national defense leaders to the techfrederick community for an in-depth fireside chat and audience q&a. 120 attendees gained unique insights from general (ret.) paul nakasone on the rapidly evolving cyber and artificial intelligence landscape, the challenges and opportunities emerging technologies present for both public and private sectors, and the workforce adaptations needed to thrive in an ai-driven future.

    $42,859 spent$50,850 earned by the program
    13% of program spending
  4. Other program services, not described on the e-filed return.

    $19,909 spentof which $7,500 as grants$553 earned by the program
    6% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $340,851.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($70k) Expenses 100 ($37k) Net assets 100 ($90k)2018 Revenue 263 ($185k) Expenses 545 ($204k) Net assets 78 ($71k)2019 Revenue 330 ($232k) Expenses 607 ($227k) Net assets 92 ($83k)2020 Revenue 512 ($359k) Expenses 918 ($344k) Net assets 109 ($99k)2021 Revenue 271 ($190k) Expenses 530 ($198k) Net assets 100 ($91k)2022 Revenue 518 ($363k) Expenses 873 ($327k) Net assets 140 ($127k)2023 Revenue 602 ($423k) Expenses 1072 ($402k) Net assets 164 ($148k)2024 Revenue 487 ($342k) Expenses 1074 ($402k) Net assets 97 ($88k)2025 Revenue 704 ($494k) Expenses 1245 ($466k) Net assets 136 ($123k)
'17'18'19'20'21'22'23'24'25
Revenue (704)Expenses (1245)Net assets (136)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $149k to $95k (−36%).

$91k
$79k
$83k
$99k
$91k
$127k
$149k
$95k
$123k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 64% · 2020 83% · 2021 70% · 2022 74% · 2023 71% · 2024 58% · 2025 59%. Grants only. Government contracts and fees sit inside program revenue.

78% of TECH FREDERICK INC’s revenue is contributions — more donation-reliant than the typical peer (54% for the typical peer).

This organization
Typical peer · 2,338 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$33k
’17
−$20k
’18
$4k
’19
$15k
’20
−$8k
’21
$37k
’22
$21k
’23
−$60k
’24
$28k
’25
3.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Meghan Sweigart

Executive director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

2019202020212022202320242025
Listed66666819
Joined·+0+0+0+5+3+12
No longer listed·000511
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'17
total
funders
1

From the IRS filings of TECH FREDERICK INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of TECH FREDERICK INC's grant income comes from Maryland funders.

MD

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TECH FREDERICK INC has grown faster than three-quarters of the 1,448 employment nonprofits its size.

Operating margin6% · below the median
Months of reserve3.2mo · below the median
Revenue growth (annualized)28% · top quartile

this organization peer median middle 50% of peers· 1,448 employment nonprofits $100k–$1M, FY2025

Government funding TECH FREDERICK INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.2M on record.

State$1.2M
19
20
21
22
Top programs
  • Grant$1.2M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like TECH FREDERICK INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

73% of spending goes to programs.

Program 73%Management 17%Fundraising 9%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Screen this organization

A dated, signed PDF of the compliance screen for TECH FREDERICK INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TECH FREDERICK INC?
TECH FREDERICK INC (Maryland) receives grants from 1 organization whose IRS filings report $11,000 to it, the largest being AUSHERMAN FAMILY FOUNDATION ($11,000). 0 of them have funded it in more than one year.
How many funders does TECH FREDERICK INC have?
IRS filings report 1 organization giving $11,000 in grants to TECH FREDERICK INC.
Who is the largest funder of TECH FREDERICK INC?
AUSHERMAN FAMILY FOUNDATION is the largest funder on record, with $11,000 in grants. The full list of funders is on this page.
How can an organization like TECH FREDERICK INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Tech Frederick →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing