Technology for Families in Need Inc
Nonprofit profile at a glance
- EIN
- 462199564
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-EZ 2021
- Location
- Brooklyn, NY, USA
- Phone
- 5302080690
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Financial Counseling
Reported finances
- Revenue
- $635,099
- Expenses
- $345,616
- Assets
- $364,304
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- ANTOINE SIMONS (DIRECTOR)
- CHARLES WILLIS (DIRECTOR)
- TIFFANY FRANKSON (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Tech f.i.n. Aspires to help narrow the digital divide by collecting used laptops and desktop computers, in bulk, from corporations, we are able to revitalize these machines and distribute them to low-income households at no cost to them.
What it reported doing in 2025
Millions of low income families lack access to a computer in the home. This lack of access contributes to a growing digital divide where completing schoolwork or college and job applications becomes increasingly difficult. Yet in this environment, us companies dispose of millions of functional computers every year per their ugrade cycle. In a solution that is both sustainable and beneficial, techfin aspires to divert some these machines from the scrap heap to the living room by revitalizing these machines and distribute them to low-income households at no cost to them.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 69
- Accountability: 64
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45.1%; rating input score 45
- Program expense ratio: 83%; rating input score 83
- Fundraising efficiency: $117.61 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 15th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 0%; rating input score 0; 15th 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; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: 45.6%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 25.6% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 23.4% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 45.1% of revenue deployed · 83% of spending went to programs
- Governance: 9 of 9 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $287K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 21 of 22 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.