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Rural Technology Fund

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

EIN: 264120844 ✦ Gainesville, GA ✦ Designated as a 501(c)(3)

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Overview

What is Rural Technology Fund?

The Rural Technology Fund is a nonprofit organization located in Gainesville, Georgia. Its primary mission is to empower rural students by recognizing potential opportunities in technology-related careers and providing them with the necessary education to excel in the computer industry. With a small team of dedicated individuals, the Rural Technology Fund aims to bridge the gap between rural students and the rapidly evolving technology sector, ultimately fostering a skilled workforce in this field. The organization offers scholarships to support these students in pursuing technology-related degrees.


Official website here: www.ruraltechfund.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 47%, Zero-Star out of Four Star rating. The Rural Technology Fund has received a low score primarily due to concerns in its Accountability and Finance practices. The score reflects significant shortcomings in governance, particularly the absence of independent board members, as well as missing critical policies such as conflict of interest and whistleblower protections.

While the organization has maintained a good ratio of liabilities to assets and a respectable program expense ratio, the lack of independent oversight and governance policies raises red flags about its accountability. Additionally, the absence of publicly available documentation like the Tax Form on their website contributes to transparency issues that potential donors may find concerning.

Overall, the Rural Technology Fund shows strong programmatic spending but fails in several key governance areas necessary for building trust and ensuring effective oversight. Prospective donors should carefully weigh these factors when considering support for the organization.


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

Is Rural Technology Fund legitimate?

Rural Technology Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rural Technology Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,618

For more financial information, click here


Official website here: www.ruraltechfund.org/

What is the mission statement of Rural Technology Fund?

The Rural Technology Fund's mission is centered around supporting rural students by helping them recognize the potential in technology careers. The organization aims to provide these students with the necessary education to excel in the computer industry. To achieve this, they offer scholarships to students pursuing technology-related degrees. The Rural Technology Fund is committed to bridging the gap between rural students and technology careers, thereby empowering the next generation of tech professionals.


Official website here: www.ruraltechfund.org/

Who is the CEO of Rural Technology Fund?

Chris Sanders is the Director of Rural Technology Fund.


Official website here: www.ruraltechfund.org/

What is the revenue of Rural Technology Fund?

Rural Technology Fund's revenue in 2022 was $174,253.


Official website here: www.ruraltechfund.org/

Who are the executives of Rural Technology Fund and what are their salaries?

The average compensation at Rural Technology Fund during 2022 was $67,618. There is 1 employee at Rural Technology Fund.


Here are 3 key members and their salaries:


Chris Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Sanders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ruraltechfund.org/

Where can I find the form 990 for Rural Technology Fund?

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


Official website here: www.ruraltechfund.org/

Learn more at the official website: www.ruraltechfund.org/

Mission Statement of Rural Technology Fund

The Rural Technology Fund is dedicated to a noble mission. Its primary objective is to enlighten rural students about the countless opportunities available in the technology sector. Beyond just awareness, the fund goes a step further to equip these students with the necessary education. This education is crucial for securing a role in the computer industry. By offering scholarships to students pursuing technology-related degrees, the Rural Technology Fund plays a significant role in bridging the gap between rural areas and the booming technology sector.

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Impact




October, 2024

The Rural Technology Fund significantly impacts rural communities by empowering students to pursue careers in technology. By providing scholarships to students seeking technology-related degrees, it opens doors to educational opportunities that might otherwise be inaccessible. This initiative not only fosters individual growth but also contributes to the development of a skilled workforce in the computer industry. As students from rural areas gain the necessary education and recognition in technology fields, they can better understand and seize opportunities, ultimately driving economic development and innovation within their communities.




This information is meant to be a general summary of Rural Technology Fund. 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
$174,253 (2022)
Expenses
$170,197 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $176,360

Assets and Liabilities:

  • Total Assets: $271,415
  • Total Liabilities: $1,186
  • Net Assets: $270,229

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Organization Details

Founding Year

2009

Principal Officer

Chris Sanders

Main Address

5145 FLATSTONE DR, GAINESVILLE, GA, 30504

NTEE Category

Code: B82 - Education

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