TechSolve

Legal name: Techsolve Inc

Nonprofit profile at a glance

EIN
311066383
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Blue Ash, OH, USA
Phone
(513) 948-2000
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Business and Industry

Official website

Reported finances

Revenue
$3,837,320
Expenses
$4,059,500
Assets
$7,103,903
Liabilities
$626,901

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

Leadership & pay

17 people listed

Executive titles in this filing

  • DANIEL CATALANO (PRESIDENT/CEO (NON-VOTING))

Highest reported compensation

  • DANIEL CATALANO (PRESIDENT/CEO (NON-VOTING)): $199,021 total reported compensation
  • STEVE GILLOCK NON-VOTING (DIR. OF BA & CYBERSECURITY/SECRETARY): $182,777 total reported compensation
  • RADU PAVEL NON-VOTING (CTO): $138,043 total reported compensation

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

Overview

Mission

To help manufacturers grow their operations, expand their workforces, and promote a thriving industrial landscape.

What it reported doing in 2024

For forty years, cincinnati-based techsolve has helped Ohio manufacturers implement process solutions that drive investment and job opportunities here in Ohio. Our consulting services and education programs cover a wide range of business building needs ranging from innovation/product development, continuous improvement/lean, advanced machining, cybersecurity, and supplier development programs. Techsolve serves large oems and small, privately-held companies, all striving to compete in an ever changing global marketplace. Techsolve is the manufacturing extension partnership (mep) center for sw Ohio serving the 7 counties around the city of cincinnati. Techsolve works with the other 5 Ohio mep centers to provide advanced manufacturing, process improvement, cybersecurity, and business best practices to Ohio based manufacturers.

Operating model

Revenue model
Grant-funded. 61% of the money available for current operations came from government grants.
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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 85
  • Accountability: 91
  • Sustainability: 34
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.3%; rating input score 78
  • Program expense ratio: 73.3%; rating input score 73
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -5.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 1.75; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 24.8%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -13.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -5.6% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -5.6% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 78.3% of revenue deployed · 73.3% of spending went to programs
  • Governance: 10 of 10 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3M in reported program spending
  • Leadership: top reported pay $199K · 17 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $686K reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.