Overview
What is Technology For The Future?
Technology For The Future is a nonprofit organization committed to fostering innovation, developing resources, and establishing collaborations that enhance opportunities, improve living standards, and contribute positively to society. By offering laptops and other technological tools, they help bridge the digital divide for students and their families, thereby enriching their educational experiences. Since its inception, the organization has provided over 20,000 laptops and continues its mission to expand this initiative.
Official website here: www.technologyforthefuture.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Star Rating)
Technology For The Future has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. The organization's overall score reflects a significant program expense ratio of 95.54%, highlighting a commitment to utilizing resources for its mission. However, the charity has several missing policies, including conflict of interest and whistleblower policies, which negatively impact its accountability score.
The board composition is a strength, with 57% of its members being independent, and it has no reported material diversion of assets, which suggests a level of integrity in its operations. Additionally, the charity's website is properly listed on its tax forms, showcasing compliance with documentation requirements in some areas. However, the absence of essential policies and a high liabilities-to-assets ratio of 230.60% raises red flags about financial stability and governance practices.
Overall, while Technology For The Future demonstrates a strong focus on programmatic spending, the lack of critical governance policies and financial stability concerns warrant attention from potential donors and stakeholders. Improved accountability measures could enhance its rating and ensure better transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Technology For The Future?
96% of 92 reviewers on Facebook recommend Technology For The Future. Here is a summary of their reviews:
Many users express immense enthusiasm for the organization's mission, with comments highlighting the significant impact they believe it will make in the community. A reviewer noted the potential for transformative change, indicating a strong belief in the initiatives being pursued by the nonprofit.
Overall, the sentiment is overwhelmingly positive, as individuals appreciate the organization’s efforts and the difference it aims to create. The positive recommendations suggest that Technology For The Future is effectively resonating with its supporters, who are excited about its ongoing projects and hopeful about future results.
This AI summary has been generated from reviews found on Facebook.
Is Technology For The Future legitimate?
Technology For The Future is a legitimate nonprofit organization registered as a 501(c)(3) entity. Technology For The Future submitted a form 990EZ, 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.
Official website here: www.technologyforthefuture.org
What is the mission statement of Technology For The Future?
Technology For The Future is an organization dedicated to fostering innovative ideas, developing resources, and establishing partnerships. Their mission is to create opportunities, enhance living standards, and contribute positively to society. They achieve this by providing technological tools, such as laptops, to students, aiming to enhance their educational experiences. Since its inception, the organization has distributed over 20,000 laptops and continues its efforts to expand this initiative.
Official website here: www.technologyforthefuture.org
Who is the CEO of Technology For The Future?
Adrian Martinca is the Board Chairman of Technology For The Future.
Official website here: www.technologyforthefuture.org
What is the revenue of Technology For The Future?
Technology For The Future's revenue in 2022 was $83,015.
Official website here: www.technologyforthefuture.org
Who are the executives of Technology For The Future and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.technologyforthefuture.org
Where can I find the form 990EZ for Technology For The Future?
Technology For The Future's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.technologyforthefuture.org
Learn more at the official website: www.technologyforthefuture.org
Mission Statement of Technology For The Future
Technology for the Future, as an organization, is committed to fostering innovative ideas, developing resources, and establishing collaborations. These efforts aim to create new opportunities, enhance living standards, and contribute positively to society. The nonprofit's primary objective is to open doors to educational advantages for students and their families by providing them with essential technologies, such as laptops. Since its establishment, Technology for the Future has successfully distributed over 20,000 laptops, demonstrating its dedication to this cause. The organization continues to strive towards its goal of aiding students and their families in their educational journey through technological support.
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Impact
October, 2024
Technology For The Future significantly impacts communities by fostering innovative thinking and providing essential educational resources. By supplying laptops and other technologies, the organization empowers students and their families, enhancing their educational opportunities and ultimately contributing to better standards of living.
With over 20,000 laptops distributed, the initiative has created measurable change, ensuring that students have the tools necessary for modern learning. This technological support not only aids academic performance but also prepares young individuals for a future in an increasingly digital world.
Furthermore, by forming collaborations and developing resources that promote innovation, Technology For The Future plays a vital role in driving societal progress. The organization's efforts do not just improve individual lives; they cultivate a culture of opportunity and empowerment that can uplift entire communities in Kernersville, NC, and beyond.
This information is meant to be a general summary of Technology For The Future. 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: $106,210
Assets and Liabilities:
- Total Assets: $26,729
- Total Liabilities: $67,570
- Net Assets: -$40,841
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Organization Details
Principal Officer
Adrian Martinca
Main Address
PO BOX 2215, KERNERSVILLE, NC, 27285
NTEE Category
Code: T50 - Philanthropy
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