Tech Collective-workforce Development Fund Inc
Only null% goes to programs Thin reserves Declining revenue
Tech Collective-workforce Development Fund Inc is a 501(c)(3) organization based in Providence, Rhode Island, registered in 2002, with $733,752 in FY2021 revenue. CharityIndex grades it C.
188 Valley Street, Providence, RI, 02909 EIN 42-1548699 Since 2002
Revenue (FY2021)
$734K
▲ 75.8% vs prior year
Education median: $200K
Expenses (FY2021)
$460K
Net assets
$19K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Tech Collective-workforce Development Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +37% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tech Collective-workforce Development Fund Inc: 0 mo reserves · +37% margin earns a C on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Tech Collective-workforce Development Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tech Collective-workforce Development Fund Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 188 Valley Street, Providence, RI, 02909
- City
- Providence
- State
- Rhode Island
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue declined from $808K (FY2013) to $734K (FY2021) across 9 reported years.
Financial snapshot
Financial health & position (FY2021)
Liabilities $67KNet assets $19K
Operating margin
37.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$85K
Total liabilities
$67K
Net assets
$19K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $733,752▲75.8% | $460,016▼27.5% | $18,626▲107% | $85,338▲37.5% | 990 |
| 2020 | $417,349▼69.5% | $634,266▼50.2% | -$255,110▼568% | $62,072▼74.8% | 990 |
| 2019 | $1,368,541▼10.9% | $1,273,809▼22.0% | -$38,193▲71.3% | $246,264▼1.9% | 990 |
| 2018 | $1,536,171▲6.7% | $1,633,491▲12.6% | -$132,925▼279% | $250,953▼52.4% | 990 |
| 2017 | $1,439,684▲59.2% | $1,451,025▲49.8% | -$35,046▼47.8% | $527,610▲259% | 990 |
| 2016 | $904,071▲11.7% | $968,649▲18.2% | -$23,705▼158% | $146,960▼5.4% | 990 |
| 2015 | $809,412▲27.5% | $819,795▲28.9% | $40,873▼8.9% | $155,351▲15.6% | 990 |
| 2014 | $634,609▼21.5% | $636,073▼20.2% | $44,867▼3.2% | $134,409▼9.6% | 990 |
| 2013 | $808,038 | $796,589▲59.7% | $46,331▼11.0% | $148,683▼19.9% | 990 |
| 2012 | — | $498,873 | $52,032 | $185,580 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $275K total
5 grants to Tech Collective-workforce Development Fund Inc totaling $275K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | General support | 2021 | $170,000 |
| The Rhode Island Community Foundation | General support | 2020 | $40,000 |
| The Rhode Island Community Foundation | General support | 2020 | $40,000 |
| The Rhode Island Community Foundation | General fund and use | 2019 | $25,000 |
| The Rhode Island Community Foundation | Tech collective workforce development fund | 2019 | $250 |
Similar organizations in Education
- Education
American Culinary Federation Incorporated - Rhode Island Chapte
Cranston, RI
$0
annual revenue
- Education
Rhode Island Association of Assessing Officers
Narragansett, RI
$0
annual revenue
- Education
The Kingston Free Library and Reading Room
Kingston, RI
$0
annual revenue
- Education
Friends of the Peace Dale Library
Wakefield, RI
$0
annual revenue
- Education
International Berkeley Society Inc
Providence, RI
$0
annual revenue
Education
Consortium of Rhode Island Academic & Research Libraries
Providence, RI
$0
Fannual revenue
- Education
North Kingstown Chamber of Commerce Charitabl Foundation Inc
N Kingstown, RI
$0
annual revenue
- Education
Preschool Parents Association of Cumberland
Cumberland, RI
$0
annual revenue
- Education
The Scott London Chris Riley Memorial Scholarship Fund
Johnston, RI
$0
annual revenue
- Education
Union Public Library Association
Tiverton, RI
$0
annual revenue
Compare Tech Collective-workforce Development Fund Inc
Frequently asked questions
- Is Tech Collective-workforce Development Fund Inc a legitimate nonprofit?
- Yes. Tech Collective-workforce Development Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-1548699, based in Providence, Rhode Island. Donations are tax-deductible.
- What is Tech Collective-workforce Development Fund Inc's EIN?
- Tech Collective-workforce Development Fund Inc's Employer Identification Number (EIN) is 42-1548699.
- How much revenue does Tech Collective-workforce Development Fund Inc report?
- Tech Collective-workforce Development Fund Inc reported $733,752 in total revenue on its fiscal year 2021 IRS Form 990 filing.
- What financial grade does Tech Collective-workforce Development Fund Inc have?
- CharityIndex grades Tech Collective-workforce Development Fund Inc C, based on financial health (reserves and operating margin).
More nonprofits in Providence
Explore more
Data for Tech Collective-workforce Development Fund Inc (EIN 42-1548699) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.