Overview
What is Out In Tech Inc?
Out in Tech Inc, based in New York, NY, is a community-focused nonprofit organization that strives to foster awareness and mentorship within the tech industry, catering to both youth and adults who identify as part of the LGBTQ+ community. They conduct a variety of events, including keynote speeches, forums, social activities, and awards, in cities across the United States. Additionally, they leverage social media, web-based seminars, online engagement, and email blasts to build an international network of activists. Out in Tech Inc's mission is to raise awareness and provide educational resources for the LGBTQ+ community, serving as a platform for people worldwide to organize, express opinions, and educate others. With a team of 12 dedicated individuals, they strive to unite and support the LGBTQ+ tech community.
Official website here: www.outintech.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
Out In Tech Inc has achieved a 90% score on Charity Navigator, earning it a prestigious Four-Star rating. This high score reflects strong accountability and financial management, with notable achievements such as a robust program expense ratio of 75.95% and an excellent fundraising efficiency ratio of just $0.05. The organization boasts an independent board with 88% of its members being independent, ensuring effective governance and oversight.
Despite these strengths, there are some areas where Out In Tech Inc could improve. The absence of a conflict of interest policy, whistleblower policy, and document retention policy indicates a need for enhancement in governance practices. Additionally, the failure to distribute tax forms to the board prior to filing is a noted shortcoming that could impact transparency.
However, the organization excels in community engagement and adaptability, particularly evident during the COVID-19 pandemic when it successfully maintained a virtual community of 40,000 LGBTQ+ tech professionals. Their commitment to leadership development and a strong culture highlights their dedication to fostering a supportive environment for the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Out In Tech Inc legitimate?
Out In Tech Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Out In Tech 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: $229,422
Professional Fundraising Fees: $0
Other Salaries and Wages: $598,669
For more financial information, click here
Official website here: www.outintech.com
What is the mission statement of Out In Tech Inc?
Out in Tech Inc is a community action agency dedicated to uniting and raising awareness about issues affecting the LGBTQ+ tech community. Their mission is to provide educational and informational resources, serving as a platform for the LGBTQ+ community to organize, express opinions, and educate people worldwide. They accomplish this through hosting community-based awareness and mentorship events, both for local youth and adults in the tech industry. These events feature keynote speakers, forums, social activities, and awards. Additionally, Out in Tech Inc utilizes social media, web-based seminars, online engagement, and email blasts to maintain and expand an international community of activists.
Official website here: www.outintech.com
Who is the CEO of Out In Tech Inc?
Andrew Lowenthal is the Executive Director of Out In Tech Inc.
Official website here: www.outintech.com
What is the revenue of Out In Tech Inc?
Out In Tech Inc's revenue in 2022 was $2,141,689.
Official website here: www.outintech.com
Who are the executives of Out In Tech Inc and what are their salaries?
The average compensation at Out In Tech Inc during 2022 was $69,008. There are 12 employees at Out In Tech Inc.
Here are 11 key members and their salaries:
- Compensation: $229,423
- Related: $0
- Other: $9,177
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $114,400
- Related: $0
- Other: $4,576
- Compensation: $131,154
- Related: $0
- Other: $5,246
Official website here: www.outintech.com
Where can I find the form 990 for Out In Tech Inc?
Out In Tech Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.outintech.com
Learn more at the official website: www.outintech.com
Mission Statement of Out In Tech Inc
Out in Tech Inc is a community action agency that aims to unite and raise awareness about issues relevant to the LGBTQ+ tech community. Established with a mission to provide selected direct services, Out in Tech Inc serves as a platform for the LGBTQ+ community to organize, express opinions, and educate people worldwide. The organization achieves this goal through various community-based events, mentorship programs, and digital platforms.
These events, held in various cities across the United States, cater to both local youth and adults in the tech industry. They feature keynote speakers, forums, social activities, and award ceremonies, fostering a sense of unity and support within the LGBTQ+ tech community. In addition to these physical events, Out in Tech Inc utilizes digital tools such as social media, web-based seminars, online engagement, and email blasts to maintain and build an international community of activists.
By hosting these events and providing a digital platform, Out in Tech Inc empowers the LGBTQ+ community to raise awareness about relevant issues and advocates for their rights within the tech industry. The organization's mission is to support and uplift the LGBTQ+ community, fostering a sense of unity, empowerment, and advocacy in the tech sector.
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Impact
July, 2024
Out In Tech Inc has a significant impact on the LGBTQ+ community within the tech industry. By providing educational and informational resources, hosting awareness events, and fostering mentorship opportunities, Out In Tech Inc plays a vital role in uniting and raising awareness about issues important to the LGBTQ+ tech community. Through a variety of initiatives such as keynote speakers, forums, social activities, and awards, this organization empowers individuals to express their opinions, educate others, and build a strong international community of activists. Overall, Out In Tech Inc's work contributes to creating a more inclusive and supportive environment for LGBTQ+ individuals in the tech industry.
This information is meant to be a general summary of Out In Tech 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 2022.
- Gross Receipts: $2,141,689
Assets and Liabilities:
- Total Assets: $2,901,334
- Total Liabilities: $28,770
- Net Assets: $2,872,564
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Organization Details
Founding Year
2013
Phone
(347) 429-1950Principal Officer
Andrew Lowenthal
Main Address
500 7TH AVE CO WEWORK 12A104, NEW YORK, NY, 10018
Website
www.outintech.comNTEE Category
Code: B03 - Education
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