American Council for Technology

Nonprofit profile at a glance

EIN
680021892
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Fairfax, VA, USA
Phone
7032084800
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$7,252,186
Expenses
$7,161,713
Assets
$7,488,511
Liabilities
$4,680,325

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

43 people listed

Executive titles in this filing

  • DAVID WENNERGREN (CHIEF EXECUTIVE OFFICER)
  • LAURA STATON (EXEC. VP (THRU JUN); PRESIDENT)
  • GUNDEEP AHLUWALIA (VICE PRESIDENT AT LARGE)
  • ELLEN ANDERSON (VICE PRESIDENT AT LARGE (THRU JUNE))
  • DARREN ASH (VICE PRESIDENT AT LARGE)
  • VERA ASHWORTH (VICE PRESIDENT AT LARGE)

Highest reported compensation

  • DAVID WENNERGREN (CHIEF EXECUTIVE OFFICER): $598,991 total reported compensation
  • THOMAS SCANLON (CHIEF FINANCIAL OFFICER): $252,445 total reported compensation
  • CAROL MILLER (CHIEF CORPORATE REVENUE OFFICER): $196,445 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Act-iac is a 501(c)(3) non-profit educational organization established to improve government through the effective and innovative application of technology. Act-iac provides an objective, trusted, and ethical forum where government and industry executives can communicate, collaborate, and learn. For 45 years, act-iac has brought together government and industry leaders to collaborate on improving mission outcomes, sharing best practices, and building relationships that last a lifetime.

What it reported doing in 2024

Professional development: act-iac offers three signature leadership development programs designed to empower professionals at every stage of their career journey to become more effective and impactful leaders. While each program is uniquely tailored to serve a specific audience, all three share these core learning objectives: enhance participants' leadership skills and competencies for immediate and long-term growth.foster a trusted, lasting network of peers and like-minded professionals through a cohort-based experience.deepen understanding of the government it landscape, including current challenges and opportunities facing both government and industry.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 66
  • Accountability: 83
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.6%; rating input score 71
  • Program expense ratio: 72.9%; rating input score 73
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.7%; rating input score 95; 25th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.2%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 1.05; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.63; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 27.7%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 0.8% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: 4.5% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 10.4% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 70.6% of revenue deployed · 72.9% of spending went to programs
  • Governance: 18 of 19 board members independent · 6 of 9 filing controls reported
  • Programs: 9 filed program accomplishments · $5.2M in reported program spending
  • Leadership: top reported pay $599K · 43 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $810K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.