Technology and Entrepreneurship Center

Nonprofit profile at a glance

EIN
872033402
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2021
Location
Indiana, PA, USA
Phone
7244647460
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Management & Technical Assistance

Reported finances

Revenue
$100,351
Expenses
$95,779
Assets
$46,137

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

Leadership & pay

5 people listed

Executive titles in this filing

  • CRAIG PLUCHINSKY (PRESIDENT)

People named in this filing

  • CRAIG PLUCHINSKY (PRESIDENT)
  • RICKEY MILLER (VICE PREISDE)
  • SHELIA HOOVER (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To provide education, training and resources to women and minority owned businesses while helping to promote and diversify the economy and jobs of the surrounding area.

What it reported doing in 2024

1) increase the rate of new business start-up activity in the market area. 2) improve the long-term success rate for recently formed businesses. 3) create opportunities for university students and community members to gain hands-on experience in tech/software development, entrepreneurship, and small business. 4) help to diversify the local economy. 5) foster a culture that is supportive of entrepreneurship. 6) create employment opportunities for area residents. 7) develop women-owned and minority-owned businesses. 8) provide networking, mentoring, training, technical assistance, and customized services for client businesses.

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 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. Revenue has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.4%; rating input score 65
  • Program expense ratio: 68.5%; rating input score 68

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.6%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -19.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -22% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 65.4% of revenue deployed · 68.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $66K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.