Technology Accelerator Company
EIN: 473346654 · Charleston, SC · NTEE: H92
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $6K |
| Net Assets | $3.2M |
Is Technology Accelerator Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Technology Accelerator Company
Technology Accelerator Company (EIN: 473346654) is a nonprofit organization based in Charleston, SC, classified under NTEE code H92. The organization reported total revenue of $103K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Technology Accelerator Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Technology Accelerator Company is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -31.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $6K |
| Surplus / Deficit | +$10K |
| Total Assets | $3.2M |
| Net Assets | $3.2M |
| Operating Margin | 64.4% |
| Months of Reserves | 6780.6 months |
Financial Health Grade: A
In 2023, Technology Accelerator Company reported a surplus of $10K with revenue exceeding expenses, holds 6780.6 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Technology Accelerator Company's revenue has declined at a compound annual growth rate (CAGR) of -31.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +149.2% | -43.2% | +6.8% |
| 2022 | -98.3% | +220.0% | +139.9% |
| 2021 | +5585.3% | -27.1% | +43.5% |
| 2020 | -97.2% | -65.9% | +36.0% |
| 2019 | +5103.5% | +359.9% | +45.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Technology Accelerator Company 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 Technology Accelerator Company 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 $10K, with revenue exceeding expenses.
Frequently Asked Questions about Technology Accelerator Company
Is Technology Accelerator Company a legitimate charity?
Technology Accelerator Company (EIN: 473346654) is a registered tax-exempt nonprofit based in South Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $103K. No red flags identified. Financial health grade: A.
How does Technology Accelerator Company spend its money?
Technology Accelerator Company reported $103K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Technology Accelerator Company tax-deductible?
Technology Accelerator Company is registered as a tax-exempt nonprofit (EIN: 473346654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Technology Accelerator Company located?
Technology Accelerator Company is headquartered in Charleston, South Carolina and files with the IRS under EIN 473346654. It is classified under NTEE code H92.
How many years of IRS 990 filings does Technology Accelerator Company have?
Technology Accelerator Company 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 $103K in total revenue.
Filing History
IRS 990 filing history for Technology Accelerator Company showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Technology Accelerator Company's revenue has declined by 94.9%, moving from $310K to $16K. Total assets increased by 913.3% over the same period, from $313K to $3.2M. In its most recent filing year (2023), Technology Accelerator Company reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $6K | $3.2M | $0 | — | — |
| 2022 | $6K | $10K | $3.0M | $0 | — | — |
| 2021 | $382K | $3K | $1.2M | $0 | — | — |
| 2020 | $7K | $4K | $861K | $0 | — | View 990 |
| 2019 | $244K | $12K | $633K | $0 | — | View 990 |
| 2018 | $5K | $3K | $435K | $0 | — | View 990 |
| 2017 | $253K | $10K | $443K | $0 | — | View 990 |
| 2016 | $134K | $13K | $191K | $0 | — | View 990 |
| 2015 | $310K | $0 | $313K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $6K, and assets of $3.2M (revenue +149.2% year-over-year).
- 2022: Revenue of $6K, expenses of $10K, and assets of $3.0M (revenue -98.3% year-over-year).
- 2021: Revenue of $382K, expenses of $3K, and assets of $1.2M (revenue +5585.3% year-over-year).
- 2020: Revenue of $7K, expenses of $4K, and assets of $861K (revenue -97.2% year-over-year).
- 2019: Revenue of $244K, expenses of $12K, and assets of $633K (revenue +5103.5% year-over-year).
- 2018: Revenue of $5K, expenses of $3K, and assets of $435K (revenue -98.1% year-over-year).
- 2017: Revenue of $253K, expenses of $10K, and assets of $443K (revenue +88.2% year-over-year).
- 2016: Revenue of $134K, expenses of $13K, and assets of $191K (revenue -56.7% year-over-year).
- 2015: Revenue of $310K, expenses of $0, and assets of $313K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Technology Accelerator Company:
Data Sources and Methodology
This transparency report for Technology Accelerator Company 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.