TiE Washington DC Chapter Inc
Nonprofit profile at a glance
- EIN
- 841701978
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Herndon, VA, USA
- Phone
- 7039758344
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $158,565
- Expenses
- $235,277
- Assets
- $216,278
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Rajesh Rai (President)
- Srini Bayireddy (President Elect)
People named in this filing
- Manish Malhotra (Director)
- Sumeet Luthra (Director)
- Sundi Natarajan (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 promote entrepreneurship through events and memberships. It hosts and conducts events attended by entrepreneurs concerning entrepreneurship, mentoring programs and investments.
What it reported doing in 2024
Mentoring - TiE is known for mentoring education and networking to help entrepreneurs and those starting new business. Every day, someone is mentored with the TiE ecosystem and guided towards the right path to achieve great heights. Besides creating wealth the organization also work to alleviate poverty and unemployment by fostering entrepreneurship worldwide.Education - TiE signature programs includes the TiE Young Entrepreneurship (TYE), which fosters entrepreneurship and education in high school level students, the TiE International Start up Competition (TISC) which aims to nurture college level students and young start-ups, TiE Womens Forum which empowers women entrepreneurs
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 82
- Sustainability: 25
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.2%; rating input score 72
- Program expense ratio: 48.6%; rating input score 49
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -48.4%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.92; rating input score 57; 57th 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: -6.8% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -3.3% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 72.2% of revenue deployed · 48.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $114K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 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.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.