Overview
What is Techpoint Foundation Inc?
Techpoint Foundation Inc, operating under the name Techpoint Foundation for Youth, is a venture philanthropy organization based in Indianapolis, Indiana. With a team of five dedicated individuals, their primary mission is to foster science, technology, engineering, and mathematics (STEM) education for underrepresented student populations. They achieve this by partnering with STEM professionals, who serve as mentors, volunteers, or coaches in high-impact STEM programs. During the 2021-2022 school year, this initiative positively impacted approximately 950 students across 21 classrooms in Indianapolis. Techpoint Foundation Inc incubates scalable STEM programs that aim to create a significant impact on underserved populations.
Official website here: www.techpointyouth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
Techpoint Foundation Inc has achieved a high rating of 90%, reflecting strong accountability and financial practices. The organization boasts a robust governance structure with a fully independent board, ensuring transparency and integrity in its operations. The charity's adherence to various policies, including conflict of interest and whistleblower policies, further solidifies its commitment to ethical governance.
One of the strengths highlighted in the rating includes the absence of material diversion of assets, which indicates sound financial management practices. Additionally, the foundation shows a commendable program expense ratio of approximately 64.95%, suggesting that a significant portion of its funds is allocated directly to its programs and mission-driven activities, which is a positive indicator for donors.
However, while Techpoint Foundation Inc excels in many aspects of accountability and finance, it received slightly lower marks for its program expense ratio, indicating there may be room for improvement in the efficiency of its program funding. Overall, the foundation demonstrates a strong commitment to responsible financial stewardship, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Techpoint Foundation Inc legitimate?
Techpoint Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Techpoint Foundation Inc 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: $194,604
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,618
For more financial information, click here
Official website here: www.techpointyouth.org
What is the mission statement of Techpoint Foundation Inc?
Techpoint Foundation Inc is a venture philanthropy organization that focuses on incubating Science, Technology, Engineering, and Mathematics (STEM) programs. Its mission is to create high-impact and scalable STEM initiatives for underserved populations. As part of its activities, the foundation operates the STEM Partner Program, which connects STEM professionals as mentors, volunteers, or coaches with underrepresented student populations engaged in high-impact STEM programs. During the 2021-2022 school year, this program served approximately 950 students at 21 classrooms in Indianapolis with the help of 38 STEM professionals.
Official website here: www.techpointyouth.org
Who is the CEO of Techpoint Foundation Inc?
George Giltner is the CEO of Techpoint Foundation Inc The CEO's salary of Techpoint Foundation Inc is $94,475 and their total compensation is $99,259.
Official website here: www.techpointyouth.org
What is the revenue of Techpoint Foundation Inc?
Techpoint Foundation Inc's revenue in 2024 was $1,109,192.
Official website here: www.techpointyouth.org
Who are the executives of Techpoint Foundation Inc and what are their salaries?
The average compensation at Techpoint Foundation Inc during 2024 was $64,037. There are 6 employees and 3000 volunteers at Techpoint Foundation Inc.
Here are 25 key members and their salaries (Techpoint Foundation Inc's CEO's salary is $94,475 and their total compensation is $99,259):
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- Compensation: $94,475
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- Other: $21,816
Official website here: www.techpointyouth.org
Where can I find the form 990 for Techpoint Foundation Inc?
Techpoint Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.techpointyouth.org
Learn more at the official website: www.techpointyouth.org
Mission Statement of Techpoint Foundation Inc
Techpoint Foundation Inc, a venture philanthropy organization, is dedicated to nurturing Science, Technology, Engineering, and Mathematics (STEM) programs for high student impact and scalability, particularly for underserved populations. The organization's mission is to incubate these STEM initiatives, aiming to make a significant difference in the lives of many students.
In pursuit of this goal, Techpoint Foundation Inc has implemented the STEM Partner Program, formerly known as US2020. This initiative serves to connect STEM professionals with underrepresented student populations, providing them with the opportunity to act as mentors, volunteers, or coaches in high-impact STEM programs. During the 2021-2022 school year, 38 such professionals contributed their time and expertise, impacting approximately 950 students across 21 classrooms in Indianapolis. This program underscores Techpoint Foundation Inc's commitment to empowering the next generation of STEM leaders, ensuring that they have the necessary guidance and support to succeed in their chosen fields.
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Impact
July, 2024
Techpoint Foundation Inc's impact is significant in fostering STEM education initiatives for underserved populations. Through programs like STEM Partner Program (formerly US2020), the organization has matched STEM professionals with underrepresented student populations to serve as mentors, volunteers, or coaches. In the 2021-2022 school year alone, 38 STEM professionals assisted in this role, impacting approximately 950 students in 21 classrooms throughout Indianapolis. This direct involvement not only enhances STEM learning but also provides crucial support and guidance to students who may not have access to such opportunities otherwise. Techpoint Foundation Inc's work contributes to bridging the gap in STEM education and empowering students from underserved communities towards a brighter future.
This information is meant to be a general summary of Techpoint Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $38,455
- Program Service Revenue: $38,374
- Gross Receipts: $1,109,192
Assets and Liabilities:
- Total Assets: $1,343,049
- Total Liabilities: $1,727
- Net Assets: $1,341,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT INCOME
Revenue
$38,374
Organization Details
Founding Year
2001
Principal Officer
George Giltner
Website
www.techpointyouth.orgNTEE Category
Code: B99 - Education
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