Overview
What is Tech Town Foundation Inc?
Tech Town Foundation Inc, based in Chattanooga, Tennessee, serves as a unique technology and entrepreneurial learning center. Their mission is to level the playing field for young individuals by offering year-round programs, including during and after school, as well as summer camps. They aim to provide career awareness of the endless possibilities in technology fields and equip students with 21st-century workforce skills through problem-based learning. The foundation's activities are focused on fostering access to this specialized learning center, promoting technological opportunities, and preparing the next generation for the workforce.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Tech Town Foundation Inc has earned a strong reputation with a 94% score, highlighting its commitment to accountability and finance. The organization achieved perfect scores in several categories, including the independence of its board members and having robust policies on conflict of interest and whistleblowing. These factors contribute to its Four-Star rating, indicating a high level of transparency and organizational effectiveness.
The foundation operates with a significant program expense ratio of 72.17%, suggesting that a substantial portion of its funds is directed towards its programs rather than administrative costs. This focus on programmatic spending is a positive indicator of its mission-driven approach. Additionally, the foundation reports no liabilities against its assets, which further reflects its financial stability.
While the organization excels in several areas, it is essential for potential donors to consider that the rating relies solely on accountability and finance metrics. Further insights into the foundation's specific programs and outcomes could provide a more comprehensive view of its overall impact on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Tech Town Foundation Inc legitimate?
Tech Town Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tech Town 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Tech Town Foundation Inc?
The Tech Town Foundation Inc's mission is centered around leveling the playing field for young individuals. This is achieved by providing them with access to a unique technology and entrepreneurial learning center. The center aims to foster career awareness about the limitless opportunities in technology fields. Additionally, it focuses on 21st-century workforce training through problem-based learning. This approach equips the youth with essential skills, preparing them for future careers in the tech industry.
Who is the CEO of Tech Town Foundation Inc?
Britton Tabor is the Treasurer of Tech Town Foundation Inc.
What is the revenue of Tech Town Foundation Inc?
Tech Town Foundation Inc's revenue in 2022 was $0.
Who are the executives of Tech Town Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tech Town Foundation Inc?
Tech Town Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tech Town Foundation Inc
Tech Town Foundation Inc, in its mission, aims to create a level playing field for young individuals by offering them access to a unique technology and entrepreneurial learning center. This center serves as a platform to raise their career awareness regarding the endless possibilities in the technology sector. Furthermore, Tech Town Foundation Inc focuses on providing 21st-century workforce training through problem-based learning, empowering young people to develop essential skills for the future. In essence, the nonprofit organization's mission is to equip young individuals with the necessary knowledge and skills to thrive in the ever-evolving technology landscape.
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Impact
October, 2024
Tech Town Foundation Inc is making a significant impact by leveling the playing field for young people through access to a unique technology and entrepreneurial learning center in Chattanooga, TN. By offering year-round programs, including after-school initiatives and summer camps, Tech Town provides crucial exposure to technology fields and fosters career awareness about the unlimited possibilities available in these sectors.
The foundation emphasizes 21st-century workforce training through problem-based learning, equipping youth with the skills necessary to thrive in a rapidly evolving job market. This approach not only enhances their technical competencies but also cultivates critical thinking, creativity, and problem-solving abilities essential for success in today's economy. By engaging young individuals in hands-on technology and entrepreneurial experiences, Tech Town is shaping a new generation of innovators and leaders, ultimately creating a positive ripple effect in the community.
This information is meant to be a general summary of Tech Town 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 2022.
Assets and Liabilities:
- Total Assets: $27,706
- Total Liabilities: $0
- Net Assets: $27,706
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
EVENTS INCOME
Organization Details
Founding Year
2014
Principal Officer
Britton Tabor
Main Address
PO BOX 11449, CHATTANOOGA, TN, 37401
NTEE Category
Code: B80 - Education
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