Overview
What is First Tech Fund Inc?
First Tech Fund Inc, situated in Brooklyn, New York, is a nonprofit organization with a mission to uplift low-income high school students. Through their talent accelerator fellowship program, they offer free technology and broadband access, digital skills training, and mentorship. This initiative aims to expose students to various opportunities and guide them on how to seize them, thereby leveling the academic and professional playing fields. First Tech Fund's support system includes providing free tech, skills training, social capital, and mentorship, ultimately empowering these students to identify, navigate, and pursue academic and professional opportunities. The organization is home to a team of three dedicated individuals.
Official website here: www.firsttechfund.com
Is First Tech Fund Inc legitimate?
First Tech Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Tech Fund 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: $77,252
Professional Fundraising Fees: $0
Other Salaries and Wages: $169,696
For more financial information, click here
Official website here: www.firsttechfund.com
What is the mission statement of First Tech Fund Inc?
First Tech Fund Inc's mission is centered around empowering low-income high school students in New York City. This is achieved by creating a supportive and adaptive ecosystem where students have access to free technological resources, broadband, skills training, mentorship, and social capital. The organization's goal is to help these students identify, navigate, and seize academic and professional opportunities. By providing a fellowship program, First Tech Fund aims to equalize the playing field, offering insights into potential career pathways and guiding students on how to access them.
Official website here: www.firsttechfund.com
What is the revenue of First Tech Fund Inc?
First Tech Fund Inc's revenue in 2024 was $570,863.
Official website here: www.firsttechfund.com
Who are the executives of First Tech Fund Inc and what are their salaries?
The average compensation at First Tech Fund Inc during 2024 was $41,158. There are 6 employees and 75 volunteers at First Tech Fund Inc.
Here are 12 key members and their salaries:
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Official website here: www.firsttechfund.com
Where can I find the form 990 for First Tech Fund Inc?
First Tech Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.firsttechfund.com
Learn more at the official website: www.firsttechfund.com
Mission Statement of First Tech Fund Inc
First Tech Fund, a nonprofit organization, is committed to empowering low-income high school students in New York City. Their mission is to create an inclusive and supportive ecosystem that equips these students with the necessary tools and resources to identify, navigate, and seize academic and professional opportunities. This is achieved by providing free access to technology and broadband, offering digital skills training, and fostering mentorship relationships. Through these initiatives, First Tech Fund aims to level the playing field, ensuring that low-income students have an equal chance at academic and professional success.
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Impact
October, 2024
First Tech Fund Inc has a significant impact on low-income high school students in New York City by creating a supportive ecosystem that empowers them to achieve academic and professional success. Through its free talent accelerator fellowship program, the organization provides essential resources such as technology access, broadband connectivity, mentorship, and digital skills training. This comprehensive support helps students navigate their educational journeys and prepares them for future careers in the technology sector.
Furthermore, the Community Partner Program extends this impact by distributing technology to high school and college students in need. By collaborating with community partners, First Tech Fund ensures that students from underserved backgrounds have the tools necessary to thrive in a digital world. Overall, the organization plays a crucial role in closing the opportunity gap for these students, fostering their growth and enhancing their potential for successful futures.
This information is meant to be a general summary of First Tech Fund 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 2024.
- Program Service Revenue: $319
- Gross Receipts: $589,459
Assets and Liabilities:
- Total Assets: $239,803
- Total Liabilities: $4,210
- Net Assets: $235,593
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference
Revenue
$319
Organization Details
Founding Year
2020
Principal Officer
Hana Seligman
Website
www.firsttechfund.comNTEE Category
Code: S02 - Community improvement
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