16 Tech Community Corporation
EIN: 810853467 · Indianapolis, IN · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $14.3M |
| Net Assets | $109.6M |
Is 16 Tech Community Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 16 Tech Community Corporation
16 Tech Community Corporation (EIN: 810853467) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code S30. The organization reported total revenue of $11.0M and total assets of $157.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 16 Tech Community Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
16 Tech Community Corporation is a large nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32.5M |
| Total Expenses | $14.3M |
| Surplus / Deficit | +$18.2M |
| Total Assets | $155.0M |
| Total Liabilities | $45.5M |
| Net Assets | $109.6M |
| Operating Margin | 55.9% |
| Debt-to-Asset Ratio | 29.3% |
| Months of Reserves | 129.8 months |
Financial Health Grade: A
In 2023, 16 Tech Community Corporation reported a surplus of $18.2M with revenue exceeding expenses, holds 129.8 months of operating reserves (strong position), has a debt-to-asset ratio of 29.3% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.6% | +45.8% | +15.3% |
| 2022 | -51.4% | -61.0% | +48.7% |
| 2021 | -18.5% | -40.8% | +21.5% |
| 2020 | +37.4% | +90.1% | +14.3% |
| 2019 | +82.6% | +851.6% | +94.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 16 Tech Community Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 16 Tech Community Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.3%.
Frequently Asked Questions about 16 Tech Community Corporation
Is 16 Tech Community Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, 16 Tech Community Corporation (EIN: 810853467) insufficient data. 0 red flags identified, 0 strengths noted.
How does 16 Tech Community Corporation spend its money?
Detailed spending breakdown data is not yet available for 16 Tech Community Corporation. Check back for updated IRS 990 analysis.
Are donations to 16 Tech Community Corporation tax-deductible?
16 Tech Community Corporation is registered as a tax-exempt nonprofit (EIN: 810853467). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 16 Tech Community Corporation located?
16 Tech Community Corporation is headquartered in Indianapolis, Indiana and files with the IRS under EIN 810853467. It is classified under NTEE code S30.
How many years of IRS 990 filings does 16 Tech Community Corporation have?
16 Tech Community Corporation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.0M in total revenue.
Filing History
IRS 990 filing history for 16 Tech Community Corporation showing financial trends over 9 years of public records:
Total assets increased by 1206662.9% over the same period, from $13K to $155.0M. Total functional expenses rose by 4035.4%, from $347K to $14.3M. In its most recent filing year (2023), 16 Tech Community Corporation reported a surplus of $18.2M, with revenue exceeding expenses. The organization holds $45.5M in liabilities against $155.0M in assets (debt-to-asset ratio: 29.3%), resulting in net assets of $109.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32.5M | $14.3M | $155.0M | $45.5M | — | View 990 |
| 2022 | $21.3M | $9.8M | $134.4M | $42.8M | — | View 990 |
| 2021 | $43.8M | $25.2M | $90.4M | $11.2M | — | View 990 |
| 2020 | $53.8M | $42.6M | $74.4M | $13.6M | — | — |
| 2019 | $39.2M | $22.4M | $65.1M | $15.5M | — | View 990 |
| 2018 | $21.4M | $2.4M | $33.5M | $604K | — | View 990 |
| 2017 | $10.2M | $1.2M | $14.4M | $582K | — | — |
| 2016 | $7.0M | $1.8M | $5.4M | $520K | — | View 990 |
| 2015 | $0 | $347K | $13K | $359K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32.5M, expenses of $14.3M, and assets of $155.0M (revenue +52.6% year-over-year).
- 2022: Revenue of $21.3M, expenses of $9.8M, and assets of $134.4M (revenue -51.4% year-over-year).
- 2021: Revenue of $43.8M, expenses of $25.2M, and assets of $90.4M (revenue -18.5% year-over-year).
- 2020: Revenue of $53.8M, expenses of $42.6M, and assets of $74.4M (revenue +37.4% year-over-year).
- 2019: Revenue of $39.2M, expenses of $22.4M, and assets of $65.1M (revenue +82.6% year-over-year).
- 2018: Revenue of $21.4M, expenses of $2.4M, and assets of $33.5M (revenue +111.2% year-over-year).
- 2017: Revenue of $10.2M, expenses of $1.2M, and assets of $14.4M (revenue +45.5% year-over-year).
- 2016: Revenue of $7.0M, expenses of $1.8M, and assets of $5.4M.
- 2015: Revenue of $0, expenses of $347K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 16 Tech Community Corporation:
Data Sources and Methodology
This transparency report for 16 Tech Community Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.