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Technovation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208386654 ✦ Menlo park, CA ✦ Designated as a 501(c)(3)

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Overview

What is Technovation?

Technovation is a nonprofit organization, primarily based in Menlo Park, California, with a mission to empower underrepresented young people, particularly girls, by fostering their innovation and leadership skills through engineering and technology. Their activities are geared towards enabling these individuals to identify community issues and develop tech and engineering solutions, thereby enhancing their problem-solving abilities and leadership potential. With around 34 employees, they are dedicated to making a significant impact in shaping the next generation of innovators and leaders.


Official website here: www.technovation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 100%

Technovation has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting a perfect score of 100% in Accountability & Finance. This high rating is an indicator of the organization's strong governance, transparency, and financial health, showcasing its commitment to effective management of resources. Key strengths include an entirely independent board, no material diversion of assets, and consistent financial oversight through audits.

User reviews highlight Technovation's impactful programs, particularly its Technovation:Girls initiative, which fosters leadership and technology skills among young girls. Former participants and volunteers praise the transformative experiences offered by the organization, emphasizing how it empowers girls to pursue careers in tech and become community leaders. Many express gratitude for the personal and professional growth they experienced through their involvement.

Some users suggested that while the experience is enriching, there are areas for improvement, particularly regarding the platform and support structure. However, overall feedback underscores Technovation's dedication to inspiring and supporting the next generation of women in STEM, making it a commendable nonprofit in the technology education sector.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Technovation?

90% of 26 reviewers on Facebook recommend Technovation. Here is a summary of their reviews:

Many participants highlight the transformative impact that Technovation has on young women, particularly in underserved areas. One reviewer shared an inspiring account of their team from Africa reaching the finals, emphasizing how the program instills hope and cultivates skills among girls in rural communities. This sentiment echoes through multiple reviews, showcasing how the initiative not only focuses on technology but also plays a crucial role in empowering girls and changing their lives.

Overall, the sentiments reflect a strong appreciation for Technovation's mission. Supporters believe it effectively fosters creativity, confidence, and practical skills in girls, enabling them to make meaningful contributions to their communities and beyond. The positive experiences shared by participants clearly indicate that Technovation is making a significant difference.


This AI summary has been generated from reviews found on Facebook.

Is Technovation legitimate?

Technovation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Technovation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $283,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,822,994

For more financial information, click here


Official website here: www.technovation.org

What is the mission statement of Technovation?

Technovation's mission is centered around empowering underrepresented youth, particularly girls, by fostering their innovation and leadership skills through engineering and technology. The organization encourages these young individuals to identify community problems and develop innovative tech and engineering solutions as part of their learning process. This initiative aims to equip them with problem-solving abilities and prepare them to become future innovators and leaders.


Official website here: www.technovation.org

Who is the CEO of Technovation?

Deborah Boyer is the Coo of Technovation. The CEO's salary of Technovation is $151,487 and their total compensation is $171,560.


Official website here: www.technovation.org

What is the revenue of Technovation?

Technovation's revenue in 2022 was $3,140,037.


Official website here: www.technovation.org

Who are the executives of Technovation and what are their salaries?

The average compensation at Technovation during 2022 was $61,959. There are 34 employees and 9410 volunteers at Technovation.


Here are 16 key members and their salaries (Technovation's CEO's salary is $151,487 and their total compensation is $171,560):


Tara Chklovski (Founder/Ceo)
  • Compensation: $151,487
  • Related: $0
  • Other: $20,073
Deborah Boyer (Coo)
  • Compensation: $104,092
  • Related: $0
  • Other: $7,950
Ann Weeby (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Parker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Knight (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Park (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sepi Moghadam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mukul Aggarwal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sana Khareghani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Kung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Birte Hoehne Mahyera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adelia Curits Duarte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rossana Wang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Berman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabriela Burian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.technovation.org

Where can I find the form 990 for Technovation?

Technovation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.technovation.org

Learn more at the official website: www.technovation.org

Mission Statement of Technovation

Technovation, a nonprofit organization, is committed to empowering underrepresented young people, particularly girls, globally. Its mission is to foster innovation and leadership skills in these individuals by encouraging them to identify community issues and develop technological and engineering solutions. By engaging in this process, the organization aims to nurture their creative problem-solving abilities and equip them to become innovators and leaders in their communities.

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Impact




October, 2024

Technovation empowers young people, particularly girls, to tackle community challenges through technology and engineering. By guiding participants in identifying local problems and creating tailored solutions, it enhances their leadership and creative problem-solving abilities. The initiative fosters innovation and encourages underrepresented groups to engage in STEM fields, cultivating a new generation of leaders and change-makers. Located in Menlo Park, California, Technovation is dedicated to nurturing the potential of young innovators, equipping them with the skills needed to address real-world issues and make a positive impact in their communities.




This information is meant to be a general summary of Technovation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,140,037 (2022)
Expenses
$3,382,253 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $210
  • Gross Receipts: $3,140,037

Assets and Liabilities:

  • Total Assets: $2,890,044
  • Total Liabilities: $319,998
  • Net Assets: $2,570,046

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Organization Details

Founding Year

2006

Principal Officer

Deborah Boyer

Main Address

700 EL CAMINO REAL PMB 1120 120, MENLO PARK, CA, 94025

NTEE Category

Code: U20 - Science research

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