Tech Corps
Tech Corps maintains strong assets and zero reported officer compensation, despite minor recent operating deficit.
EIN: 161703355 · Columbus, OH · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2,391,027 |
| Net Assets | $2.4M |
| Transparency Score | 90/100 |
Is Tech Corps Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tech Corps directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tech Corps
Tech Corps (EIN: 161703355) is a nonprofit organization based in Columbus, OH, classified under NTEE code B90. The organization reported total revenue of $2.4M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tech Corps's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tech Corps is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-43,814 |
| Total Assets | $2.5M |
| Total Liabilities | $98K |
| Net Assets | $2.4M |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 12.1 months |
Financial Health Grade: B
In 2023, Tech Corps reported a deficit of $44K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Tech Corps's revenue has grown at a compound annual growth rate (CAGR) of 21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.8% | +27.4% | -2.7% |
| 2022 | +13.5% | +46.0% | -2.4% |
| 2021 | +0.2% | +21.8% | +6.7% |
| 2020 | -24.0% | -27.7% | +23.3% |
| 2019 | -24.5% | -34.4% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tech Corps with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Tech Corps allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
Tech Corps consistently reports 0% officer compensation across all 13 available filings, indicating that no portion of its revenue is allocated to executive salaries, which is highly unusual for an organization of its size (latest revenue $2,391,027).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Tech Corps's IRS 990 filings:
- Slight operating deficit in the latest fiscal year (202312), with expenses exceeding revenue by $43,814.
Strengths
The following positive indicators were identified for Tech Corps:
- Consistent 0% officer compensation across all 13 filings, indicating high efficiency and mission focus.
- Strong and growing asset base, from $199,685 in 2015 to $2,463,056 in 2023.
- Excellent financial solvency with a high asset-to-liability ratio (approx. 25:1 in 2023).
- Demonstrated ability to manage and grow an organization with over $2 million in annual revenue.
Frequently Asked Questions about Tech Corps
Is Tech Corps a legitimate charity?
Based on AI analysis of IRS 990 filings, Tech Corps (EIN: 161703355) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Tech Corps spend its money?
Tech Corps directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tech Corps tax-deductible?
Tech Corps is registered as a tax-exempt nonprofit (EIN: 161703355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tech Corps CEO make?
Tech Corps's highest-compensated officer earns $2,391,027 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tech Corps's spending goes to programs?
Tech Corps directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tech Corps compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Tech Corps is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tech Corps located?
Tech Corps is headquartered in Columbus, Ohio and files with the IRS under EIN 161703355. It is classified under NTEE code B90.
How many years of IRS 990 filings does Tech Corps have?
Tech Corps has 13 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 $2.4M in total revenue.
Is Tech Corps a good charity?
Based on the available IRS 990 data, Tech Corps appears to be a good charity. It demonstrates strong financial health with growing assets, low liabilities, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation across all filings. While there was a slight operating deficit in the latest year, its overall financial trajectory is positive.
How has Tech Corps' revenue trended over time?
Tech Corps' revenue has shown significant growth and some fluctuations. It grew from $771,625 in 2015 to a peak of $2,740,275 in 2017, then saw a dip before recovering to $2,391,027 in 2023, indicating a generally upward trend over the long term.
What is the organization's asset-to-liability ratio?
In the latest filing (202312), Tech Corps has assets of $2,463,056 and liabilities of $98,138, resulting in an asset-to-liability ratio of approximately 25:1. This indicates excellent financial solvency and a strong balance sheet.
Filing History
IRS 990 filing history for Tech Corps showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Tech Corps's revenue has grown by 777%, moving from $273K to $2.4M. Total assets increased by 3028.8% over the same period, from $79K to $2.5M. Total functional expenses rose by 640.4%, from $329K to $2.4M. In its most recent filing year (2023), Tech Corps reported a deficit of $44K, with expenses exceeding revenue. The organization holds $98K in liabilities against $2.5M in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.4M | $2.5M | $98K | — | View 990 |
| 2022 | $1.7M | $1.9M | $2.5M | $122K | — | View 990 |
| 2021 | $1.5M | $1.3M | $2.6M | $20K | — | — |
| 2020 | $1.5M | $1.1M | $2.4M | $88K | — | View 990 |
| 2019 | $2.0M | $1.5M | $2.0M | $89K | — | View 990 |
| 2018 | $2.7M | $2.3M | $1.8M | $404K | — | View 990 |
| 2017 | $2.7M | $2.4M | $1.0M | $95K | — | View 990 |
| 2016 | $1.7M | $1.5M | $653K | $80K | — | View 990 |
| 2015 | $772K | $659K | $370K | $58K | — | View 990 |
| 2015 | $1.0M | $1.0M | $200K | $0 | — | View 990 |
| 2014 | $602K | $546K | $188K | $0 | — | View 990 |
| 2013 | $345K | $292K | $132K | $0 | — | View 990 |
| 2012 | $273K | $329K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.4M, and assets of $2.5M (revenue +36.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.9M, and assets of $2.5M (revenue +13.5% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $2.6M (revenue +0.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $2.4M (revenue -24.0% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.5M, and assets of $2.0M (revenue -24.5% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.3M, and assets of $1.8M (revenue -2.3% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.4M, and assets of $1.0M (revenue +56.9% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.5M, and assets of $653K (revenue +126.3% year-over-year).
- 2015: Revenue of $772K, expenses of $659K, and assets of $370K (revenue -24.2% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $200K (revenue +69.2% year-over-year).
- 2014: Revenue of $602K, expenses of $546K, and assets of $188K (revenue +74.7% year-over-year).
- 2013: Revenue of $345K, expenses of $292K, and assets of $132K (revenue +26.4% year-over-year).
- 2012: Revenue of $273K, expenses of $329K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tech Corps:
Data Sources and Methodology
This transparency report for Tech Corps 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.