Tech Bloc

Nonprofit profile at a glance

EIN
474381551
IRS 990 coverage
2020–2023
Forms available
Form 990 2023
Location
San Antonio, TX, USA
Phone
2105428608
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Business and Industry

Reported finances

Revenue
$203,547
Expenses
$204,199
Assets
$340,610
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • ILEANA GONZALEZ (CEO)
  • DAVID HEARD (PAST CEO)

Highest reported compensation

  • ILEANA GONZALEZ (CEO): $16,219 total reported compensation
  • DAVID HEARD (PAST CEO): $7,258 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To foster and promote the local technology community by hosting seminars and networking events.

What it reported doing in 2023

Monthly seminars, forums, and networking events featuring local and national technology industry leaders to speak regarding industry trends and updates.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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

STRONG - 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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 48
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.8%; rating input score 98
  • Program expense ratio: 97.5%; rating input score 97
  • Fundraising efficiency: $128.5 raised per $1 spent on fundraising; rating input score 88; 88th 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; 63rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.3%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.67; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 11.5%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: -18.8% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -4.6% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 5.4% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 97.8% of revenue deployed · 97.5% of spending went to programs
  • Governance: 11 of 11 board members independent · 2 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $199K in reported program spending
  • Leadership: top reported pay $16K · 10 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 2 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.