Famtechorg

Nonprofit profile at a glance

EIN
922271381
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-N 2023
Location
Washington, DC, USA
Phone
2069309488
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$1,001,450
Expenses
$353,752
Assets
$1,097,754
Liabilities
$500

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ANNA STEFFNEY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANNA STEFFNEY (EXECUTIVE DIRECTOR): $100,176 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Famtech.org's mission is to spearhead the transformation of the industry through innovation and collaboration by providing access to comprehensive, unbiased information and fostering informed decision-making in the realm of caregiver support.

What it reported doing in 2025

Famtech.org's primary activities focus on building and supporting the care economy innovation ecosystem by convening stakeholders, producing industry insights, and delivering programming for entrepreneurs, investors, and institutional partners.key offerings include: ecosystem map: an interactive platform that connects companies, investors, policymakers, and service providers, enabling collaboration and visibility across the care economy. Newsletter and industry insights: a bi-monthly publication and ongoing content that synthesizes trends, funding activity, and emerging opportunities in the sector. Virtual and in-person events: that bring together founders, investors, employers, and policymakers to share knowledge and foster partnerships. Data and research: aggregation and analysis of ecosystem data (including company profiles and market activity) to inform members and the broader market on sector trends and opportunities.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 23.1%; rating input score 23
  • Program expense ratio: 61.5%; rating input score 62
  • Fundraising efficiency: $47.39 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 64.7%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 3.1; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 28.3%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 137.2% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 57.7% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 81.9% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 23.1% of revenue deployed · 61.5% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $218K in reported program spending
  • Leadership: top reported pay $100K · 6 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

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

  • High — Financial Efficiency: Mission deployment rate scored 23/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Sustainability: Officer compensation ratio scored 9/100.