Overview
What is Tech901?
Tech901 is a nonprofit organization situated in Memphis, Tennessee, with a specific focus on enhancing the local talent pool for technology jobs. Based at 1350 Concourse Avenue STE 375, they aim to achieve this goal by providing training to individuals for various information technology roles. The organization works closely with businesses in the Memphis area to expand their technology workforce, serving an estimated 300 clients so far. Their mission encompasses vocational awareness-building, assessment, recruitment, and training referral services, as well as sharing job opening data for various technology careers. With a team of nine dedicated employees, Tech901 is committed to bridging the skills gap and fostering growth in the Memphis technology sector.
Official website here: www.tech901.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Tech901 has received a strong 96% rating from Charity Navigator, which reflects high accountability and financial health. The organization scores exceptionally well in areas such as independent board governance, financial audits, and the absence of asset diversion. With a program expense ratio of nearly 87%, Tech901 allocates the vast majority of its resources toward its programs, reinforcing its commitment to effective service delivery.
User feedback highlights the transformative impact of Tech901, particularly for veterans. A client review praised the organization for its life-changing services, noting a successful career transformation from unemployment to a senior security engineer role, demonstrating the organization's effectiveness in vocational training and support.
While the available data showcases strong performance and positive user experiences, additional reviews could provide a more nuanced understanding of the organization's reach and impact. Overall, Tech901 appears to be a well-managed nonprofit with a significant positive influence on the lives of those it serves.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Tech901 legitimate?
Tech901 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tech901 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: $288,948
Professional Fundraising Fees: $0
Other Salaries and Wages: $555,975
For more financial information, click here
Official website here: www.tech901.org
What is the mission statement of Tech901?
Tech901's mission is centered around training individuals for various information technology jobs and collaborating with employers to expand the technology job market. Established with a focus on vocational awareness, assessment, recruitment, and training referral services, Tech901 provides data on job openings for a wide range of technology careers. The organization's aim is to equip current and potential workers with the necessary skills to excel in the technology sector, ultimately contributing to the growth of the industry.
Official website here: www.tech901.org
What is the revenue of Tech901?
Tech901's revenue in 2023 was $1,843,681.
Official website here: www.tech901.org
Who are the executives of Tech901 and what are their salaries?
The average compensation at Tech901 during 2023 was $93,880. There are 9 employees at Tech901.
Here are 10 key members and their salaries:
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- Compensation: $97,152
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- Other: $7,200
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- Other: $7,750
- Compensation: $59,293
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- Compensation: $115,355
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- Other: $3,600
Official website here: www.tech901.org
Where can I find the form 990 for Tech901?
Tech901's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tech901.org
Learn more at the official website: www.tech901.org
Mission Statement of Tech901
Tech901, an organization dedicated to the field of information technology, aims to fulfill two primary objectives. Firstly, it strives to educate and prepare both existing and potential Memphis residents for a diverse range of IT jobs. Secondly, Tech901 collaborates with local employers to boost the Memphis technology job market. Established with a focus on vocational awareness, assessment, recruitment, and training referral services for various technology careers, Tech901 plays a vital role in bridging the gap between job seekers and tech-related employment opportunities in the community.
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Impact
July, 2024
Tech901 is making a substantial impact by training individuals for a variety of information technology jobs. They are enhancing the talent base for technology jobs and raising awareness among Memphis and Mid-South businesses about the increased talent pool. With an estimated 300 clients served, Tech901 is playing a crucial role in preparing current and potential Memphians for a range of technology careers and partnering with employers to expand the technology job market in Memphis.
This information is meant to be a general summary of Tech901. 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 2023.
- Program Service Revenue: $79,086
- Gross Receipts: $1,843,681
Assets and Liabilities:
- Total Assets: $1,497,206
- Total Liabilities: $512,671
- Net Assets: $984,535
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$79,086
Organization Details
Founding Year
2015
Principal Officer
Steve Denegri
Website
www.tech901.orgNTEE Category
Code: B60 - Education
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