Technology Entrepreneur Center Inc
Technology Entrepreneur Center Inc reports recent operating deficits despite substantial assets and no disclosed officer compensation.
EIN: 141870269 · Saint Louis, MO · NTEE: S43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $4.2M |
| Program Spending | 70% |
| Net Assets | $7.1M |
| Transparency Score | 65/100 |
Is Technology Entrepreneur Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Technology Entrepreneur Center Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Technology Entrepreneur Center Inc
Technology Entrepreneur Center Inc (EIN: 141870269) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code S43. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Technology Entrepreneur Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Technology Entrepreneur Center Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 33.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $4.2M |
| Surplus / Deficit | $-199,357 |
| Total Assets | $13.7M |
| Total Liabilities | $6.6M |
| Net Assets | $7.1M |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 48.2% |
| Months of Reserves | 39.1 months |
Financial Health Grade: B
In 2023, Technology Entrepreneur Center Inc reported a deficit of $199K with expenses exceeding revenue, holds 39.1 months of operating reserves (strong position), has a debt-to-asset ratio of 48.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Technology Entrepreneur Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 33.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +132.6% | +84.8% | -6.2% |
| 2022 | -1.2% | +24.7% | -1.3% |
| 2021 | +10.2% | +4.6% | +3.0% |
| 2020 | -76.1% | +1.2% | -1.6% |
| 2019 | +147.9% | -55.0% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Technology Entrepreneur Center Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Technology Entrepreneur Center Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $199K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization with millions in revenue and expenses. This suggests either a fully volunteer executive team or that executive compensation is categorized under other expense lines, which could obscure the true administrative costs.
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 Technology Entrepreneur Center Inc's IRS 990 filings:
- Consistent operating deficits in recent years (2021-2023), with expenses exceeding revenues.
- 0% officer compensation reported across all filings, which is unusual and may obscure true administrative costs.
- Significant fluctuations in revenue year-over-year, making financial planning and stability potentially challenging.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Technology Entrepreneur Center Inc:
- Substantial asset base, reaching $13,689,156 in 2023, indicating financial capacity.
- Periods of strong revenue generation, such as $6,597,534 in 2019 and $5,016,357 in 2017.
- Clear alignment between organization name and NTEE code (S43 - Business & Commerce, Entrepreneurship), suggesting a focused mission.
- Long filing history (13 filings), indicating established operations and compliance.
Frequently Asked Questions about Technology Entrepreneur Center Inc
Is Technology Entrepreneur Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Technology Entrepreneur Center Inc (EIN: 141870269) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Technology Entrepreneur Center Inc spend its money?
Technology Entrepreneur Center Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Technology Entrepreneur Center Inc tax-deductible?
Technology Entrepreneur Center Inc is registered as a tax-exempt nonprofit (EIN: 141870269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Technology Entrepreneur Center Inc's spending goes to programs?
Technology Entrepreneur Center Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Technology Entrepreneur Center Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Technology Entrepreneur Center Inc is above average for NTEE category S43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Technology Entrepreneur Center Inc located?
Technology Entrepreneur Center Inc is headquartered in Saint Louis, Missouri and files with the IRS under EIN 141870269. It is classified under NTEE code S43.
How many years of IRS 990 filings does Technology Entrepreneur Center Inc have?
Technology Entrepreneur Center Inc 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.
Why has Technology Entrepreneur Center Inc experienced operating deficits in 2021, 2022, and 2023, with expenses exceeding revenues?
In 2023, expenses were $4,199,227 against revenues of $3,999,870. In 2022, expenses were $2,272,191 against revenues of $1,719,886. In 2021, expenses were $1,821,675 against revenues of $1,740,629. This trend suggests the organization is spending more than it earns in these recent periods.
How does Technology Entrepreneur Center Inc sustain operations with consistent operating deficits in recent years?
Given the deficits, the organization likely relies on accumulated reserves from prior profitable years (e.g., 2019 with a $4.8M surplus) or other non-operating income sources not detailed in the summary data to cover the shortfalls.
What is the explanation for 0% officer compensation reported across all filings?
The consistent reporting of 0% officer compensation could mean that executive leadership is entirely volunteer-based, or that compensation for key executives is reported under other expense categories, such as 'salaries and wages' for general staff, rather than specifically as officer compensation.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data summary does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to precisely assess spending efficiency in these areas.
How have the organization's liabilities grown significantly in some years, such as 2018?
Liabilities increased from $6,358,772 in 2017 to $12,388,880 in 2018, nearly doubling. This significant jump could be due to new debt, deferred revenue, or other financial obligations incurred in that period, which would require reviewing the full 990 for details.
Filing History
IRS 990 filing history for Technology Entrepreneur Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Technology Entrepreneur Center Inc's revenue has grown by 3113.9%, moving from $124K to $4.0M. Total assets increased by 12295.3% over the same period, from $110K to $13.7M. Total functional expenses rose by 6126.8%, from $67K to $4.2M. In its most recent filing year (2023), Technology Entrepreneur Center Inc reported a deficit of $199K, with expenses exceeding revenue. The organization holds $6.6M in liabilities against $13.7M in assets (debt-to-asset ratio: 48.2%), resulting in net assets of $7.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $4.2M | $13.7M | $6.6M | — | View 990 |
| 2022 | $1.7M | $2.3M | $14.6M | $7.3M | — | View 990 |
| 2021 | $1.7M | $1.8M | $14.8M | $7.0M | — | View 990 |
| 2020 | $1.6M | $1.7M | $14.4M | $6.4M | — | View 990 |
| 2019 | $6.6M | $1.7M | $14.6M | $6.5M | — | View 990 |
| 2018 | $2.7M | $3.8M | $15.6M | $12.4M | — | View 990 |
| 2017 | $5.0M | $1.4M | $11.9M | $6.4M | — | View 990 |
| 2016 | $1.2M | $1.2M | $8.0M | $6.1M | — | View 990 |
| 2015 | $1.2M | $1.1M | $8.1M | $6.1M | — | View 990 |
| 2014 | $2.4M | $862K | $7.9M | $6.1M | — | View 990 |
| 2013 | $604K | $488K | $6.7M | $6.5M | — | View 990 |
| 2012 | $244K | $218K | $155K | $26K | — | View 990 |
| 2011 | $124K | $67K | $110K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $4.2M, and assets of $13.7M (revenue +132.6% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.3M, and assets of $14.6M (revenue -1.2% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $14.8M (revenue +10.2% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.7M, and assets of $14.4M (revenue -76.1% year-over-year).
- 2019: Revenue of $6.6M, expenses of $1.7M, and assets of $14.6M (revenue +147.9% year-over-year).
- 2018: Revenue of $2.7M, expenses of $3.8M, and assets of $15.6M (revenue -46.9% year-over-year).
- 2017: Revenue of $5.0M, expenses of $1.4M, and assets of $11.9M (revenue +315.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $8.0M (revenue +2.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $8.1M (revenue -50.7% year-over-year).
- 2014: Revenue of $2.4M, expenses of $862K, and assets of $7.9M (revenue +296.3% year-over-year).
- 2013: Revenue of $604K, expenses of $488K, and assets of $6.7M (revenue +147.6% year-over-year).
- 2012: Revenue of $244K, expenses of $218K, and assets of $155K (revenue +96.1% year-over-year).
- 2011: Revenue of $124K, expenses of $67K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Technology Entrepreneur Center Inc:
Data Sources and Methodology
This transparency report for Technology Entrepreneur Center Inc 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.