Nonprofit screen
Screen a listTechnovation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$5.6Mrevenue
FY2024 · +52% in 3 yrs39staff
7 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin13.6%
Months of reserve6.1mo
Revenue growth (annualized)+7.0%
Middle half of peersMedianTechnovation
Where the money goes FY2024 · $4.8M spent
Programs$3.8M78%Management and general$459k9%Fundraising$592k12%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 92% in FY2023
$369k in FY2021, $30k in FY2023.
990 Part VIIIDeficits in 2 of the last 3 years
−$242k in FY2022 and −$377k in FY2023. Cash covers 6.1 months, above the peer median of 4.5.
990 Part I and balance sheetIn its favor1
Strong governance
14 of 14 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI50funders
$1.5Ma year, last 3 years
23%from its largest funder
Funder’17’18’19’20’21’22’23The Patrick J McGovern Foundation IncOn and off$200k$300k$200k$300k$500kElbaz Family FoundationEvery year since FY2017$100k$100k$100k$100k$100k$100k$75kTe Connectivity FoundationSince FY2021$60k$300k$250kIntel FoundationOn and off$315kThe Synopsys FoundationSince FY2022$75k$150kVodafone Americas FoundationOn and off$50k$70k$50kDonor-advised giftsDonors not disclosed$189k$290k$921k$400k$341k$818k$340k28 other fundersUp to $100k a year each$178k$26k$52k$208k$159k$236k$312k
FundedThrough a donor-advised fund