Technology by Design Inc

Nonprofit profile at a glance

EIN
991802285
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Albany, NY, USA
Phone
7163744832
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Telecommunications

Reported finances

Revenue
$4,373,611
Expenses
$3,673,682
Assets
$1,884,077
Liabilities
$1,184,148

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

Leadership & pay

8 people listed

Executive titles in this filing

  • ANTHONY DREW MCNICHOL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ROBERT J HACK (DIRECTOR THRU DEC 2024): $448,397 total reported compensation
  • DANIEL PORRECA (SECRETARY/DIRECTOR): $407,981 total reported compensation
  • ANTHONY DREW MCNICHOL (EXECUTIVE DIRECTOR): $337,801 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 organization is organized and operated exclusively for the benefit of, to perform the functions of, or carry out the charitable purposes of organizations that participate in the network that comprises New York's statewide health information exchange collectively, the "supported organizations"), including by providing technology, infrastructure and related services to assist the supported organizations in their participation in New York's statewide health information exchange network and to support the supporting organizations in pursuing their respective missions to advance health information exchange in New York state.

What it reported doing in 2024

To fulfill its mission of developing a shared technology solution for the corporation's supported organizations, tech by design established itself as a tax-exempt nonprofit organization executing and maintaining the necessary incorporation documents and conducting board of director meetings and prepared and approved essential policies and procedures. A funding agreement with sole funder along with a budget, statement of work, reporting and deliverables was executed with nyec. The organization budget was developed and approved along with an organization structure, hiring plans along with recruiting and hiring of staff. Rfps were completed along with evaluations, selections leading to vendor negotiation and contracting with key software vendors. Workshops were held with the three supported organizations and key vendors to identify functionality and use cases required. Technical architecture was documented and implementation planning completed for the first organization to use the new shared solution. Tech by design also onboarded legal, financial and security support and established a robust security program. This positioned tech by design to successfully proceed with implementation of the first hie organization during the next fiscal year.

Operating model

Revenue model
Affiliate-supported. 100% of the money available for current operations came from contributions from related organizations.
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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 65
  • Accountability: 43
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.1%; rating input score 77
  • Program expense ratio: 91.8%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 33.3%; rating input score 33; 7th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 16%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.63; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 200% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 200% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 77.1% of revenue deployed · 91.8% of spending went to programs
  • Governance: 2 of 6 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.4M in reported program spending
  • Leadership: top reported pay $448K · 8 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 7 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.
  • Moderate — Accountability: Independent voting board scored 33/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.