Philanthropy & Grantmaking
(T50)
IRS Verified
DX Registered
990 on File
TECHNOLOGY FOR THE FUTURE
Financial strength (30%)
46/100
Reliability (20%)
50/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Technology for the Future is a non-profit organization focused on creating equal access to education through technology. We ensure students are equipped with a laptop as well as safe access to information and resources necessary for a successful educational journey.
Financial Overview — FY 2024
$89K
Total Revenue
$83K
Total Expenses
$-50,736
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
158.6%
Fundraising Efficiency
N/A
Operating Reserve
-7.33x
Liability-to-Asset
1028.4%
Revenue Diversification
131.7%
Compared with Peers
FY 2024
Compared with 21,185 similar organizations
(United States, Philanthropy & Grantmaking, under $100K in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
158.6% | 86.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-7.3 mo | 122.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1028.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
131.7% | 94.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
5144.1% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
246.9% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
6.4% | 7.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $89K | $83K | $-50,736 | 158.6% | — |
| 2023 | $2K | $24K | $-63,078 | 100.0% | — |
| 2022 | $83K | $75K | $-40,841 | 100.0% | — |
| 2021 | $24K | $38K | $-49,191 | 70.5% | 0 |
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