Tech Impact

Nonprofit profile at a glance

EIN
743062511
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Philadelphia, PA, USA
Phone
2155571559
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$17,207,788
Expenses
$18,353,254
Assets
$11,400,905
Liabilities
$4,291,254

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

Leadership & pay

20 people listed

Executive titles in this filing

  • PATRICK CALLIHAN (CEO)

Highest reported compensation

  • PATRICK CALLIHAN (CEO): $490,164 total reported compensation
  • FRANCIS JOHNSON (CHIEF TECHNOLOGY OFFICER): $191,584 total reported compensation
  • LINDA WIDDOP (CHIEF INNOVATION OFFICER): $179,246 total reported compensation

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

Overview

Mission

Tech impact's goals are to deliver highly impactful workforce development programs and services that foster individual growth and economic mobility, and to strengthen nonprofits through our capacity building technology support, services, and education. We are a nationwide leader in information technology service delivery and education, exclusively for the nonprofit sector. We provide innovative and affordable solutions for both small and large organizations to effectively achieve their missions. Digital services - develop digital strategies and brands that help clients use storytelling to connect with their audiences and data-informed approaches to keep them engaged. Design and build sophisticated websites that are user-friendly, easy to administer, and integrated with the back office.

What it reported doing in 2024

Provide technology assistance needed for nonprofits to meet their missions more efficiently and effectively, the majority of which provides direct services to community members. Of our member organizations, approximately 200 are providing direct support to our community in workforce development, health, human services, and community development. Our remaining members serve the community through cultural initiatives, art, and advocacy. In total, by helping the nonprofits who provide the services, tech impact's services have an impact on hundreds of thousands of individuals in our community each year. Over 350 organizations rely on tech impact for regular technology maintenance. These services demonstrate an organization's commitment to being stable and secure and provide the regular maintenance they need to remain in business. Over 300 individuals received over 2,500 hours of training on productivity software.

Operating model

Revenue model
Earned-program. 65% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.8%; rating input score 88
  • Program expense ratio: 82%; rating input score 82
  • Fundraising efficiency: $8.82 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • 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: 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: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -6.7%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.62; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 7.4%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 15.5% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 14.4% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 15% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 87.8% of revenue deployed · 82% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $15.1M in reported program spending
  • Leadership: top reported pay $490K · 20 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.