Technology Association Of Grantmakers Inc

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

EIN: 562558836 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Technology Association Of Grantmakers Inc?

Technology Association of Grantmakers Inc, headquartered in Chicago, Illinois, is a nonprofit organization dedicated to fostering the strategic, equitable, and innovative application of technology in philanthropy. Its primary aim is to promote understanding of how technology can aid members in achieving their philanthropic objectives. The association, with a small team of three individuals, focuses on cultivating knowledge, strengthening networks, and driving advancements in the social sector by leveraging technology.


Official website here: www.tagtech.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating.

The Technology Association Of Grantmakers Inc. has achieved a perfect score of 100%, reflecting exceptional performance in accountability and finance. This rating is particularly significant as it showcases the charity's commitment to transparency and ethical financial management, with an impressive overall score based entirely on its accountability metrics.

Strengths of the organization include having a fully independent board, with all 10 members meeting the criteria for independence. The charity also boasts strong financial health indicators, such as a low liabilities-to-assets ratio of 10% and a program expense ratio of 78.5%, demonstrating effective resource allocation towards its mission. Additionally, comprehensive policies regarding conflicts of interest and whistleblower protections are in place, further underscoring the organization's governance quality.

While the data reflects a solid financial standing and governance practices, there are no noted limitations or concerns from the available information. The absence of material asset diversions and proper documentation of board meetings indicates a well-managed organization dedicated to its philanthropic goals.


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

Is Technology Association Of Grantmakers Inc legitimate?

Technology Association Of Grantmakers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Technology Association Of Grantmakers 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: $215,979
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,222

For more financial information, click here


Official website here: www.tagtech.org

What is the mission statement of Technology Association Of Grantmakers Inc?

The Technology Association of Grantmakers Inc, as a nonprofit organization, fosters the strategic, equitable, and innovative use of technology in philanthropy. Their mission is to build knowledge, strengthen networks, and propel the social sector forward. Specifically, they aim to enhance the understanding of how information and communication technologies can aid their members in achieving their philanthropic objectives.


Official website here: www.tagtech.org

Who is the CEO of Technology Association Of Grantmakers Inc?

Mark Walker is the President of Technology Association Of Grantmakers Inc.


Official website here: www.tagtech.org

What is the revenue of Technology Association Of Grantmakers Inc?

Technology Association Of Grantmakers Inc's revenue in 2022 was $1,459,775.


Official website here: www.tagtech.org

Who are the executives of Technology Association Of Grantmakers Inc and what are their salaries?

The average compensation at Technology Association Of Grantmakers Inc during 2022 was $131,400. There are 3 employees and 70 volunteers at Technology Association Of Grantmakers Inc.


Here are 13 key members and their salaries:


Chantal Forster (Executive Di)
  • Compensation: $215,060
  • Related: $0
  • Other: $9,518
Nadia Alia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Aron-Diaz (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Berg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Boname (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Goff (Treasurer Em)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mohr (Emeritus Brd)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Puckett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rosenthal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikhil Sawant (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Sharp (Emeritus Brd)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Walker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tagtech.org

Where can I find the form 990 for Technology Association Of Grantmakers Inc?

Technology Association Of Grantmakers Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tagtech.org

Learn more at the official website: www.tagtech.org

Mission Statement of Technology Association Of Grantmakers Inc

Technology Association of Grantmakers, Inc., as a nonprofit membership association, is dedicated to fostering the strategic, equitable, and innovative use of technology in philanthropy. Their mission is to build knowledge, strengthen networks, and propel the social sector forward. By doing so, they aim to help their members achieve their philanthropic objectives more effectively, leveraging the power of information and communications technology. In essence, Technology Association of Grantmakers, Inc., serves as a catalyst for the smart and equitable integration of technology in philanthropic endeavors.

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Impact




July, 2024

The Technology Association of Grantmakers Inc, also known as TAG, plays a vital role in promoting the strategic, equitable, and innovative use of technology in philanthropy. By cultivating knowledge, strengthening networks, and advancing the social sector, TAG empowers its members to leverage information and communications technology to achieve their philanthropic goals. Through its work, TAG facilitates improved community improvement initiatives and fosters a more impactful and efficient philanthropic sector.




This information is meant to be a general summary of Technology Association Of Grantmakers 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.

Revenue
$1,459,775 (2022)
Expenses
$1,198,488 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $260
  • Program Service Revenue: $525,373
  • Gross Receipts: $1,459,775

Assets and Liabilities:

  • Total Assets: $1,226,919
  • Total Liabilities: $122,715
  • Net Assets: $1,104,204

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCE FEES

Revenue

$512,573

REGIONAL FEES

Revenue

$12,800

Organization Details

Founding Year

2007

Principal Officer

Mark Walker

Main Address

200 W MADISON ST 3RD FLOOR, CHICAGO, IL, 60606

NTEE Category

Code: S50 - Community improvement

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