Missouri Technology Corporation

Nonprofit profile at a glance

EIN
431341372
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
St Louis, MO, USA
Phone
3142750942
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$11,182,096
Expenses
$22,668,686
Assets
$105,160,244
Liabilities
$9,195,119

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

Leadership & pay

14 people listed

Executive titles in this filing

  • JOHN SCATIZZI (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOHN SCATIZZI (EXECUTIVE DIRECTOR): $184,595 total reported compensation

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

Overview

Mission

The mission of the mtc is to provide leadership and make strategic investments that help entrepreneurs create and grow technology-based Missouri businesses.

What it reported doing in 2024

The national geospatial-intelligence agency (nga) is a combination of intelligence agency and combat support agency. Nga seeks to advance its technology transfer efforts for the commercialization of federally developed technology. Through a partnership with mtc, nga engages with partners in the greater st. Louis region to drive innovation in geospatial technology through collaboration and a transfer of technology and subject matter expertise. Mtc is tasked with launching and coordinating competitive programs designed to deliver innovative and commercially viable solutions that either match nga's or their customer's current and future technology needs.the lewis and clark discovery initiative provides funds to mtc for loans and grants to Missouri-based high tech small businesses.the advanced manufacturing resiliency grant program provides grant funding to create infrastructure for industries that are fundamental to u.s. National security where manufacturing of essential products relies on foreign sources. The program focuses on areas where Missouri has an inherent connection or advantage to support significant growth in Missouri's economy, including but not limited to advanced and innovative manufacturing of active pharmaceutical ingredients and semiconductors.

Operating model

Revenue model
Grant-funded. 85% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 71
  • Accountability: 84
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 77.2%; rating input score 77
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: -102.7%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 4.64; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 87; 87th percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 10.3% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 77.2% of spending went to programs
  • Governance: 14 of 14 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $17.5M in reported program spending
  • Leadership: top reported pay $185K · 14 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $333K reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 25 filed money-flow records
  • Related organizations: 24 filed related-organization links
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 0/100.