CENTRI TECH FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CENTRI TECH FOUNDATION (EIN 82-4044837)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-15
- IRS object ID
- 202501059349301805
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-15T11:02:42-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521073331 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEMBO JONES PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6116 EXECUTIVE BLVD SUITE 500 | AddressLine1Txt |
| City | NORTH BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20852 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 824044837 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTRI TECH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CENT | BusinessNameControlTxt |
| Phone | 2029918579 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1717 PENNSYLVANIA AVE NW SUITE 1 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL STAPLES | PersonNm |
| Person Title | TREASURER & SECRETARY | PersonTitleTxt |
| Phone | 5712146223 | PhoneNum |
| Signature | 2025-04-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID J SHERDEL CPA | PreparerPersonNm |
| PTIN | P01306021 | PTIN |
| Phone | 3017705100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARTA URQUILLA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1717 PENNSYLVANIA AVE NW SUITE 1025 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,414,661 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | CENTRITECHFDN.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2018 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | CENTRI TECH FOUNDATION SUPPORTS LOCAL COMMUNITY DEVELOPMENT ORGANIZATIONS TO SOLVE PROBLEMS IN THEIR COMMUNITY BY BRINGING TOGETHER STAKEHOLDERS TO CREATE SUSTAINABLE ASSET BUILDING SOLUTIONS THAT YIELD LONG TERM ECONOMIC, HEALTH AND EDUCATIONAL ENHANCEMENT TO ITS RESIDENTS BY LEVERAGING TECHNOLOGY AND INNOVATIVE SOLUTIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Total Volunteers | 3 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $554,325 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,201,596 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $29,571 | PYInvestmentIncomeAmt |
| CY Investment Income | $80,919 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $583,896 | PYTotalRevenueAmt |
| CY Total Revenue | $1,282,515 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,542,336 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $94,426 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $587,162 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $450,757 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $125,000 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $580,100 | PYOtherExpensesAmt |
| CY Other Expenses | $826,959 | CYOtherExpensesAmt |
| PY Total Expenses | $2,709,598 | PYTotalExpensesAmt |
| CY Total Expenses | $1,372,142 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,125,702 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$89,627 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,251,114 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,161,462 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $25 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,251,089 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,161,462 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CENTRI TECH FOUNDATION SUPPORTS LOCAL COMMUNITY DEVELOPMENT ORGANIZATIONS TO SOLVE PROBLEMS IN THEIR COMMUNITY BY BRINGING TOGETHER STAKEHOLDERS TO CREATE SUSTAINABLE ASSET BUILDING SOLUTIONS THAT YIELD LONG TERM ECONOMIC, HEALTH AND EDUCATIONAL ENHANCEMENT TO ITS RESIDENTS BY LEVERAGING TECHNOLOGY AND INNOVATIVE SOLUTIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $703,578 | ExpenseAmt |
| Grant | $42,336 | GrantAmt |
| Desc | DIGITAL ADVANCEMENT INSTITUTETHE CENTRI TECH FOUNDATION SEEKS TO LEVERAGE INVESTMENTS IN TECHNOLOGY ACCESS AND ADOPTION TO BUILD AN INCLUSIVE DIGITAL ECONOMY. BY EXPANDING ACCESS TO AFFORDABLE, RELIABLE HIGH-SPEED INTERNET TO EVERY AMERICAN NOT ONLY WHERE THEY WORK AND LEARN, BUT ALSO WHERE THEY LIVE, LEADERS CAN IMPLEMENT BOLD STRATEGIES THAT DRIVE ECONOMIC DEVELOPMENT AND ACHIEVE PROSPERITY FOR ALL. THIS APPROACH IS CALLED DIGITAL ADVANCEMENT, THE MOBILIZATION OF TECHNOLOGY'S POTENTIAL TO LIFT THE HUMAN CONDITION.THE DIGITAL ADVANCEMENT MUNICIPAL INDEX (MUNI INDEX) IS A TOOL DESIGNED TO MEASURE U.S. CITIES' PROGRESS TOWARD SHARED PROSPERITY. USING 16 INDICATORS FROM FOUR CATEGORIES TECHNOLOGY, SOCIOECONOMICS, EDUCATION, AND HOUSING, THE MUNI INDEX CAPTURES AND COMPARES A CITY'S OVERALL PROSPERITY AND DIGITAL EQUITY METRICS ACROSS NEARLY U.S. CITIES WITH POPULATIONS OVER 65,000. OUR REFRESHED INDEX INCLUDES UPDATED DATA FOR 540 CITIES, FRESH INSIGHTS, AND NEW VISUALIZATIONS.IN 2024, BUILDING OFF OF THE SUCCESSFUL RELEASE OF THE V2.0 OF THE MUNI INDEX, WE STRENGTHENED OUR COMMITMENT TO SHARING DATA INSIGHTS FOR A NATIONAL AUDIENCE. WE INITIATED THE DEVELOPMENT OF A NEW AND COMPLIMENTARY ADDITION TO THE INDEX: AN INTERACTIVE MAP. WE SEEK TO DESIGN A MORE ACCESSIBLE, COMPELLING, AND VISUALLY ENGAGING TOOL THAT PROVIDES CITIES AND OTHER PRACTITIONERS A CLEARER, MORE IMPACTFUL VIEW OF KEY LOCAL INFORMATION.WE COLLABORATED WITH EXTERNAL STAKEHOLDERS TO REFINE AND ENHANCE THE MUNICIPAL INDEX, ACTIVELY GATHERING THE INPUT AND INSIGHTS OF OUR PEERS. ENGAGING IN MEANINGFUL DISCUSSIONS WITH REPRESENTATIVES FROM LOCAL AND STATE GOVERNMENTS, NATIONAL NONPROFITS, AND THE PRIVATE SECTOR ALLOWED US TO GATHER VALUABLE FEEDBACK ON USER NEEDS, USABILITY, AND DATA RELEVANCE. THESE DIALOGUES ENABLED US TO MAKE INFORMED IMPROVEMENTS TO THE TOOLS, ALIGNING WITH OUR END GOAL OF SUPPORTING DATA-DRIVEN DECISION MAKING.WE PRESENTED AT THE NATIONAL DIGITAL INCLUSION ALLIANCE'S 2024 NET INCLUSION CONFERENCE, WHERE OVER 1300 POLICYMAKERS, INTERNET SERVICE PROVIDERS, ADVOCATES, RESEARCHERS, EVALUATORS AND COMMUNITY PARTNERS GATHERED TO SHARE KNOWLEDGE AND DISCUSS BEST PRACTICES ON DIGITAL INCLUSION. WE ASSEMBLED A PANEL OF KEY STAKEHOLDERS WHO HAVE BEEN INSTRUMENTAL IN DEVELOPING THE DIGITAL ADVANCEMENT INSTITUTE, INCLUDING REPRESENTATIVES FROM THE FEDERAL RESERVE BANK OF PHILADELPHIA, NEXT CENTURY CITIES, THE ILLINOIS BROADBAND LAB AND THE CITY OF PHILADELPHIA. ALONGSIDE CTF PRESIDENT MARTA URQUILLA, WHO MODERATED THE PANEL, THE SPEAKERS DISCUSSED STRATEGIES FOR ACCESSING DATA AND LEVERAGING TOOLS LIKE THE MUNICIPAL INDEX TO MAKE STRIDES TOWARDS MEANINGFUL DIGITAL ADVANCEMENT.LOOK AHEAD: AS WE MOVE FORWARD, WE REMAIN COMMITTED TO USING DATA AS A POWERFUL RESOURCE TO SUPPORT DECISIONS IN PROGRESSING TOWARDS DIGITAL ADVANCEMENT. WE WILL UPDATE THE INDEX WITH NEW PUBLIC DATA AND ENGAGE WITH PARTNERS ACROSS GOVERNMENT, THE PRIVATE SECTOR, PHILANTHROPY AND NONPROFITS. A KEY PRIORITY WILL BE THE STRATEGIC PROMOTION AND AMPLIFICATION OF THE INDEX TO MAXIMIZE ITS REACH AND IMPACT, SUCH AS OPPORTUNITIES TO SHOWCASE THE TOOL AND ITS IMPACT TO NEW AND DIVERSE AUDIENCES. WE WILL SEEK STRATEGIC PARTNERSHIPS TO ENHANCE THE TOOL AND SECURE FUNDING TO FURTHER DEVELOP AND REFINE ITS CAPABILITIES, INCLUDING THE INTEGRATION OF COMMUNITY DATA. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $217,780 | ExpenseAmt |
| Grant | $52,090 | GrantAmt |
| Desc | SOCIAL JUSTICE INNOVATION AWARDS IN 2024, THE CENTRI TECH FOUNDATION, IN PARTNERSHIP WITH MORGAN STANLEY, CONVENED AND PROVIDED LEADERSHIP COACHING AND MENTORING TO THE 2023 FELLOWS OF THE SOCIAL JUSTICE INNOVATION AWARDS (SJIA), A PROGRAM NOW IN ITS THIRD YEAR THAT AIMS TO IDENTIFY AND INVEST IN BREAKTHROUGH IDEAS FOR SOCIAL JUSTICE. OVER 2022 AND 2023, CTF RE-GRANTED $2.75M ALONG WITH SUPPORT TO 11 INNOVATORS WHO ARE LEADING TECH-BASED SOLUTIONS FOR A VARIETY OF SOCIAL CHALLENGES FROM YOUTH MENTAL HEALTH TO ACCESS TO TECHNOLOGY, EDUCATION, PUBLIC BENEFITS, SECOND CHANCE OPPORTUNITIES, AND INDIGENOUS LANGUAGE PRESERVATION. THE 2023 WINNERS OF THE SJIA EACH RECEIVED GRANTS AND BESPOKE SUPPORT TO DEVELOP THEIR INNOVATIONS. THEY JOINED A 9-MONTH FELLOWSHIP COHORT DESIGNED TO PROMOTE COLLABORATION, BUILD LEADERSHIP CAPACITY, AND INCREASE THEIR ACCESS TO NETWORKS. THE FELLOWSHIP COMMENCED WITH AN IN-PERSON CONVENING IN WASHINGTON, D.C., IN SEPTEMBER 2023. FROM OCTOBER 2023 - JUNE 2024, THE COHORT CONNECTED WITH LEADING EXPERTS FOR STRATEGIC SESSIONS FOCUSED ON TECHNOLOGY, LEADERSHIP AND MANAGEMENT AND PARTICIPATED IN ONE-ON-ONE COACHING SESSIONS WITH A TRANSFORMATIONAL LEADERSHIP DEVELOPMENT EXPERT. - CTF AND THE SJIA FELLOWS ATTENDED TWO LEADERSHIP SESSIONS WITH EXECUTIVES FROM MORGAN STANLEY TO DISCUSS GENERATIVE AI AND INCLUSIVE ENTREPRENEURSHIP. CTF OPENED THE 2024 SOCIAL JUSTICE INNOVATION AWARDS, EXTENDING A CALL FOR NOMINATIONS TO A NATIONAL NETWORK OF SUBJECT MATTER EXPERTS AND SOCIAL JUSTICE PRACTITIONERS. OVER 100 APPLICATIONS WERE RECEIVED, FEATURING AI MODELS AND OTHER APPROACHES TO CHALLENGES SUCH AS CLIMATE CHANGE, WORKFORCE DEVELOPMENT, AND HEALTH. APPLICATIONS WERE EVALUATED BY AN EXTERNAL REVIEW PANEL, FOLLOWED BY SEMI-FINALIST INTERVIEWS. LOOK AHEAD: IN 2025, WE WILL SELECT AND ANNOUNCE THE PROGRAM'S THIRD COHORT; IMPLEMENT THE COHORT EXPERIENCE; SECURE PARTNERSHIPS AND SUPPORT TO ENHANCE THE PROGRAM; MEASURE, DOCUMENT, AND SHARE PROGRAM OUTCOMES; AND PURSUE FUTURE FUNDING AND SUPPORT. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $157,765 | ExpenseAmt |
| Desc | DIGITAL INTEGRATORS PROGRAM BUILDING ON OUR DIGITAL INTEGRATORS PROGRAM, CTF LAUNCHED NEW DIGITAL TOOLS FOR JOB SEEKERS IN BALTIMORE AND PHILADELPHIA AS PART OF COMMUNITY SKILLS CONNECT, AN INITIATIVE TO HELP LOW-INCOME RESIDENTS NAVIGATE LOCAL WORKFORCE DEVELOPMENT RESOURCES AND ACCESS DIGITAL SKILLS TRAINING. WITH SUPPORT PROVIDED BY VERIZON'S COMMUNITY ENHANCEMENT AWARD IN THE FALL OF 2023, CTF WAS ONE OF 10 GRANTEES HELPING FULFILL VERIZON'S $1 MILLION NATIONAL INITIATIVE TO ENSURE COMMUNITIES HAVE ACCESS TO THE TOOLS AND SKILLS TO NAVIGATE AN INCREASINGLY TECHNOLOGICAL WORLD. IN 2024, CTF DEVELOPED COMMUNITY SKILLS CONNECT, A NEW DIGITAL WORKFORCE DEVELOPMENT INITIATIVE TO CONNECT LOW-INCOME JOB SEEKERS IN BALTIMORE, MD, PHILADELPHIA, PA, AND WASHINGTON, DC TO DIGITAL SKILLS TRAINING OPPORTUNITIES AND LOCAL WORKFORCE DEVELOPMENT RESOURCES. WORKING WITH COMMUNITY PARTNERS IN EACH CITY, THE INITIATIVE AIMS TO HELP LOW-INCOME RESIDENTS NAVIGATE LOCAL WORKFORCE DEVELOPMENT RESOURCES, ACCESS DIGITAL SKILLS TRAINING, AND IDENTIFY PATHWAYS FOR JOBS AND CAREERS ON THE LOCAL LEVEL. IN MAY 2024, WE SELECTED OUR ON THE GROUND COMMUNITY PARTNERS AND RE-GRANTED A PORTION OF THE VERIZON AWARD DOLLARS TO SUPPORT THEIR PARTICIPATION. PHILADELPHIA'S TECHNOLOGY LEARNING COLLABORATIVE IS A NONPROFIT COALITION PROVIDING PROFESSIONAL DEVELOPMENT AND CAPACITY BUILDING FOR PRACTITIONERS AND ADVOCATING FOR DIGITALLY INCLUSIVE COMMUNITIES. THE BALTIMORE DIGITAL EQUITY COALITION IS A NONPROFIT HELPING INDIVIDUALS AND ORGANIZATIONS WORK TOGETHER TO BRING VITAL DIGITAL EQUITY RESOURCES TO THE CITY'S MOST DISCONNECTED RESIDENTS. OUR PARTNERS' SHARED GOAL IS TO HELP STREAMLINE RESIDENTS' JOURNEYS TOWARD ECONOMIC OPPORTUNITY, FROM GAINING DIGITAL LITERACY TO ADOPTING EMERGING TECH FOR THE WORKPLACE AND WEALTH BUILDING, TO EARNING CREDENTIALS FOR JOBS AND CAREERS. IN OCTOBER 2024, WE OFFICIALLY LAUNCHED THE COMMUNITY SKILLS CONNECT PLATFORM ACROSS OUR NETWORKS, IN COLLABORATION WITH OUR PARTNERS. WE PRODUCED CUSTOMIZED AND LOCALIZED WEBSITES FOR EACH CITY, PHILADELPHIA AND BALTIMORE, THAT ARE DEPLOYED VIA THE CENTRI LIFE DIGITAL SERVICES PLATFORM. EACH LOCAL SITE HAS BEEN CO-BRANDED WITH OUR COMMUNITY PARTNERS IN EACH CITY AND FEATURES DIGITAL SKILLS TRAINING AND OTHER LOCAL WORKFORCE DEVELOPMENT OPPORTUNITIES. THESE NEW SITES ARE AIMED TO HELP LOCAL JOB SEEKERS BETTER NAVIGATE AND ACCESS SERVICES, RESOURCES, AND INFORMATION IN THEIR COMMUNITIES, AND WILL AID OUR GRANTEE PARTNERS IN PROMOTING THEIR SERVICES TO COMMUNITY RESIDENTS. ADDITIONALLY, WE BROUGHT NEW MODELS FOR DIGITAL SKILLS EDUCATION DIRECTLY TO RESIDENTS IN WASHINGTON, DC'S WARDS 7 AND 8. IN MAY 2024, WE COLLABORATED WITH SERVICE PROVIDER MARTHA'S TABLE AND THE BLACK UPSTART, A NONPROFIT DEDICATED TO PROMOTING BLACK ENTREPRENEURSHIP, TO HOST AN AI FOR ENTREPRENEURS WORKSHOP IN WASHINGTON, DC. WE AWARDED SCHOLARSHIPS AND LAPTOPS TO 33 ASPIRING BUSINESS OWNERS, AGES 17 TO 70+. THESE ENTREPRENEURS WITH LITTLE TO NO TECH EXPERIENCE CAME TOGETHER TO LEARN HOW TO USE AI TO DESIGN, DEVELOP, AND MARKET PRODUCTS FOR THEIR PROPOSED VENTURES. AS A RESULT, 93% LEARNED TO USE AI FOR THE FIRST TIME, 87% PLAN TO PURSUE FURTHER TRAINING AND CERTIFICATIONS, AND 54% PLAN TO START THEIR OWN BUSINESS OR SIDE HUSTLE. LOOKING AHEAD: A SECOND AI FOR ENTREPRENEURS WORKSHOP EVENT WILL BE HELD FOR ASPIRING ENTREPRENEURS IN WASHINGTON, DC. WHILE OUR DIGITAL PLATFORMS HAVE OFFICIALLY LAUNCHED, THEY REMAIN IN PILOT MODE ACROSS BALTIMORE AND PHILADELPHIA, ALLOWING US TO COLLECT ESSENTIAL USER DATA AND FEEDBACK. THIS DATA WILL PROVIDE INSIGHT INTO HOW RESIDENTS ARE INTERACTING WITH THE PLATFORM, INFORMING FURTHER ENHANCEMENTS TO BETTER MEET THE NEEDS OF OUR COMMUNITIES. CTF IS PURSUING OPPORTUNITIES TO PROVIDE AI SKILLS TRAINING FOR YOUTH IN WASHINGTON DC TO INCREASE THEIR EMPLOYABILITY AND ECONOMIC MOBILITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,079,123 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 6 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL STAPLES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5712146223 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25302 DILIGENCE CT | AddressLine1Txt |
| City | ALDIE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20105 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| REY RAMSEY | ||||||
| CHAIR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| WENDELL BROWN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| CLYDE EDWARDS | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MARTA URQUILLA | ||||||
| PRESIDENT | 40.00 | $181,138 | $0 | $22,118 | Yes (X) | |
| MICHAEL STAPLES | ||||||
| TREASURER & SECRETARY | 5.00 | $0 | $0 | $0 | Yes (X) | |
| STEVEN TEPLITZ | ||||||
| GENERAL COUNSEL | 5.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $181,138 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $22,118 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,201,596 | AllOtherContributionsAmt |
| Total Contributions | $1,201,596 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,516 | TotalRevenueColumnAmt |
| Exclusion | $20,516 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,192,549 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,132,146 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $60,403 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,403 | TotalRevenueColumnAmt |
| Exclusion | $60,403 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,282,515 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $80,919 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,426 | TotalAmt |
| Program Services | $94,426 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,256 | TotalAmt |
| Program Services | $195,126 | ProgramServicesAmt |
| Management And General | $8,130 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,978 | TotalAmt |
| Program Services | $203,496 | ProgramServicesAmt |
| Management And General | $8,482 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,469 | TotalAmt |
| Program Services | $7,173 | ProgramServicesAmt |
| Management And General | $296 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,054 | TotalAmt |
| Program Services | $26,932 | ProgramServicesAmt |
| Management And General | $1,122 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,126 | TotalAmt |
| Program Services | $23,150 | ProgramServicesAmt |
| Management And General | $136,976 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,977 | TotalAmt |
| Management And General | $3,977 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,107 | TotalAmt |
| Program Services | $2,777 | ProgramServicesAmt |
| Management And General | $8,330 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,043 | TotalAmt |
| Program Services | $7,043 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| PAYMENTS TO AFFILIATES | $519,000 | $519,000 | ||
| FUNDRAISING | $125,000 | $125,000 | ||
| OTHER EXPENSES | $706 | $706 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,372,142 | TotalAmt |
| Program Services | $1,079,123 | ProgramServicesAmt |
| Management And General | $168,019 | ManagementAndGeneralAmt |
| Fundraising | $125,000 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,707 | BOYAmt |
| EOY | $1,059,340 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $102,122 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $102,122 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,094,407 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,251,114 | BOYAmt |
| EOY | $1,161,462 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,251,089 | BOYAmt |
| EOY | $1,161,462 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,251,089 | BOYAmt |
| EOY | $1,161,462 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,251,114 | BOYAmt |
| EOY | $1,161,462 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$89,627 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,000,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,557,800 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $160,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $554,325 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,201,596 | CurrentTaxYearAmt |
| Total | $9,473,721 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,000,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,557,800 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $160,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $554,325 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,201,596 | CurrentTaxYearAmt |
| Total | $9,473,721 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,421,515 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,052,206 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $2,479 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,007 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,571 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,493 | CurrentTaxYearAmt |
| Total | $75,550 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $9,549,271 | TotalSupportAmt |
| Public Support CY170 | 0.84320 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $102,122 | OtherCostOrOtherBasisAmt |
| Book Value | $102,122 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $102,122 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,282,515 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,282,515 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,282,515 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,372,142 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,372,142 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,372,142 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | CENTRI TECH FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THESE PROVISIONS, NO TAX IS IMPOSED ON ANY INCOME RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2024 AND 2023. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| CAPITAL CAUSE | ||||||||
| 11806 JESTER COURT | BOWIE | MD | 20721 | 271342153 | 501(C)(3) | $19,090 | $0 | SJIA AWARD RECEIPIENT |
| WESLEY HOUSING | ||||||||
| 2311 HUNTINGTON AVE | ALEXANDRIA | VA | 22303 | 510155779 | 501(C)(3) | $42,336 | $0 | DIGITAL ADVANCEMENT GRANT |
| TECHNOLOGY LEARNING COLLABORATIVE | ||||||||
| 2102 E YORK ST | PHILADELPHIA | PA | 19125 | 863540858 | 501(C)(3) | $15,000 | $0 | VERIZON COMMUNITY ENHANCEMENT GRANT |
| MARYLAND PHILANTHROPY NETWORK | ||||||||
| 1600 W 41ST STREET SUITE 700 | BALTIMORE | MD | 21211 | 521326863 | 501(C)(3) | $15,000 | $0 | VERIZON COMMUNITY ENHANCEMENT GRANT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | CENTRI TECH FOUNDATION CURRENTLY MAKES GRANT AWARDS VIA TWO PROGRAMS: DIGITAL INTEGRATORS AND THE SOCIAL JUSTICE INNOVATION AWARDS. GRANTS ARE MADE AS EITHER 1) A DISCRETIONARY, INVITATION-ONLY AWARD TO AN ORGANIZATION, OR 2) A COMPETITIVELY SELECTED AWARD TO AN INDIVIDUAL OR GROUP OF INDIVIDUALS IN ASSOCIATION WITH AN ORGANIZATION. UPON SELECTION, CTF IMPLEMENTS THE FOLLOWING PROCESS TO DISTRIBUTE GRANT AWARDS: 1. CTF PROGRAM DIRECTOR NOTIFIES GRANT RECIPIENT(S) BY PHONE CALL OR EMAIL. 2. CTF PROGRAM DIRECTOR SENDS EMAIL DOCUMENTATION, WHICH INCLUDES A GRANT LETTER SIGNED BY THE PROGRAM DIRECTOR AND A GRANT AGREEMENT SIGNED BY CTF PRESIDENT AND COUNTERSIGNED BY THE GRANTEE. THESE ITEMS ARE COLLECTED AND RETAINED BY CTF ACCOUNTING, FINANCE, & COMPLIANCE. 3. CTF ACCOUNTING, FINANCE, & COMPLIANCE PERSONNEL (CURRENT: MICHAEL STAPLES) SENDS THE GRANTEE AN INVITATION TO JUSTWORKS, PAYMENT COMPLIANCE PLATFORM. 4. GRANT RECIPIENT RECEIVES JUSTWORKS INVITATION AND COMPLETES ACCOUNT SETUP, INCLUDING SUBMITTING COMPLIANCE/TAX DOCUMENTATION. 5. GRANT RECIPIENT SUCCESSFULLY SETS UP JUSTWORKS ACCOUNT. 6. CTF ACCOUNTING, FINANCE, & COMPLIANCE PERSONNEL (CURRENT: MICHAEL STAPLES) CONFIRMS GRANT AMOUNT WITH PROGRAM DIRECTOR AND PRESIDENT. 7. CTF ACCOUNTING, FINANCE, & COMPLIANCE PERSONNEL (CURRENT: MICHAEL STAPLES) INITIATES TRANSFER OF FUNDS. 8. GRANT RECIPIENT COMPLETES ACKNOWLEDGEMENT OF RECEIPT OF FUNDS FORM AND RETURNS TO CTF ACCOUNTING, FINANCE, & COMPLIANCE PERSONNEL (CURRENT: MIKE STAPLES). 9. GRANT RECIPIENT COMPLETES REQUIRED REPORTING, AS DEFINED IN THE GRANT AGREEMENT. CENTRI TECH FOUNDATION MONITORS GRANT AWARDS THROUGH REGULAR ENGAGEMENT OF GRANTEES AND A REQUIRED WRITTEN FINAL REPORT AT THE CONCLUSION OF THE GRANT PERIOD, AS SPECIFIED IN THE GRANTEE LETTER AND AGREEMENT. CTF CONVENES GRANTEES BOTH FORMALLY AND INFORMALLY, AS COHORTS AND INDIVIDUALS, TO COLLECT INFORMATION ABOUT THEIR PERFORMANCE AND PROGRESS AND TO MEASURE IMPACT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTA URQUILLA | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $181,138 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $22,118 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $203,256 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REY RAMSEY | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SOLE OWNER OF CENTRI TECH LLC | RelationshipDescriptionTxt |
| Transaction | $639,000 | TransactionAmt |
| Transaction | PAYMENT FOR PROGRAM SERVICES AND BACK OFFICE ADMINISTRATIVE SERVICES | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT, AND REVIWED BY THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES AND DIRECTORS ARE REQUIRED TO SIGN AND ATTEST TO UNDERSTANDING AND ABIDING BY THE ORGANIZATION'S CODE OF BUSINESS CONDUCT AND ETHICS. THE CODE OF CONDUCT POLICY IS ADMINISTERED AND ENFORCED AT EVERY LEVEL OF CENTRI TECH FOUNDATION FOR INTERNAL AND EXTERNAL AFFAIRS. TRAINING, EDUCATION AND IMPLEMENTATION IS GENERALLY SUPERVISED BY THE HEAD OF HUMAN RESOURCES, THE PRESIDENT, AND CTF'S GENERAL COUNSEL. REGULAR REVIEWS OF FINANCIAL ACTIVITIES AND VETTING OF PARTNERSHIP, SUPPLIER AND GRANT AGREEMENTS BY ORGANIZATION'S LEADERSHIP. |
| FORM 990, PART VI, SECTION B, LINE 15 | THIS POLICY OUTLINES THE FRAMEWORK FOR DETERMINING COMPENSATION FOR THE PRESIDENT OF THE CENTRI TECH FOUNDATION ("CTF"). THE OBJECTIVE IS TO ESTABLISH A FAIR AND TRANSPARENT PROCESS THAT ALIGNS WITH OUR MISSION, ATTRACTS AND RETAINS TALENTED LEADERS, AND ENSURES APPROPRIATE USE OF RESOURCES. THIS POLICY REQUIRES APPROVAL BY INDEPENDENT MEMBERS OF THE CTF BOARD AND INCORPORATES THE USE OF COMPARABILITY DATA TO DETERMINE COMPENSATION. CTF IS COMMITTED TO PROVIDING COMPETITIVE COMPENSATION TO ATTRACT AND RETAIN A QUALIFIED PRESIDENT WHO CAN EFFECTIVELY LEAD THE ORGANIZATION IN ACHIEVING ITS MISSION. COMPENSATION WILL BE SET AT A LEVEL THAT IS REASONABLE AND NOT EXCESSIVE, TAKING INTO ACCOUNT THE ORGANIZATION'S FINANCIAL RESOURCES AND THE PRESIDENT'S RESPONSIBILITIES, QUALIFICATIONS, AND PERFORMANCE. THE CTF BOARD OF DIRECTORS SHALL ESTABLISH A COMPENSATION COMMITTEE ("COMMITTEE") COMPOSED OF INDEPENDENT BOARD MEMBER(S) WHO HAVE NO CONFLICTS OF INTEREST WITH THE PRESIDENT OR OTHER ORGANIZATIONAL STAKEHOLDERS. RECOMMENDATIONS RELATED TO THE PRESIDENT'S COMPENSATION PACKAGE, INCLUDING SALARY, BENEFITS, BONUSES, AND ANY OTHER INCENTIVES, SHALL BE REVIEWED AND APPROVED BY THE INDEPENDENT MEMBERS OF THE CTF BOARD BASED ON THE COMMITTEE'S FINDINGS, COMPARABILITY DATA, AND SUBSTANTIATION OF THE DELIBERATION PROCESS. THE COMMITTEE SHALL UTILIZE RELEVANT COMPARABILITY DATA TO DETERMINE COMPENSATION FOR THE PRESIDENT. SUCH DATA MAY INCLUDE INDUSTRY KNOWLEDGE BY COMMITTEE MEMBERS, COMPENSATION SURVEYS CONDUCTED BY REPUTABLE ORGANIZATIONS, COMPENSATION STUDIES SPECIFIC TO THE NON-PROFIT SECTOR, AND COMPENSATION DATA FROM SIMILAR ORGANIZATIONS OF COMPARABLE SIZE AND COMPLEXITY. THE COMPARABILITY DATA SHOULD COVER RELEVANT POSITIONS WITHIN THE NON-PROFIT SECTOR AND TAKE INTO CONSIDERATION FACTORS SUCH AS GEOGRAPHIC LOCATION, ORGANIZATION SIZE, MISSION FOCUS, AND INDUSTRY STANDARDS. THE COMMITTEE SHALL CONSIDER BOTH THE MEDIAN AND THE RANGE OF COMPENSATION DATA TO ESTABLISH A REASONABLE AND COMPETITIVE COMPENSATION PACKAGE. THE COMMITTEE MAY ENGAGE EXTERNAL COMPENSATION CONSULTANTS, AS NECESSARY, TO ASSIST IN GATHERING AND ANALYZING THE COMPARABILITY DATA AND PROVIDE EXPERT ADVICE. BASE SALARY: THE BASE SALARY SHOULD REFLECT THE PRESIDENT'S RESPONSIBILITIES, EXPERIENCE, QUALIFICATIONS, AND PERFORMANCE. IT SHOULD BE COMPETITIVE WITHIN THE NON-PROFIT SECTOR AND COMMENSURATE WITH THE SIZE AND COMPLEXITY OF THE ORGANIZATION. BENEFITS: THE ORGANIZATION MAY PROVIDE A COMPREHENSIVE BENEFITS PACKAGE, INCLUDING HEALTH INSURANCE, RETIREMENT PLANS, VACATION, AND OTHER FRINGE BENEFITS. THE BENEFITS SHOULD BE REASONABLE AND CONSISTENT WITH INDUSTRY STANDARDS. BONUSES AND INCENTIVES: PERFORMANCE-BASED BONUSES AND INCENTIVES MAY BE CONSIDERED TO REWARD EXCEPTIONAL PERFORMANCE AND ACHIEVEMENT OF STRATEGIC GOALS. SUCH BONUSES SHOULD BE TIED TO PREDETERMINED PERFORMANCE METRICS AND BE BASED ON MEASURABLE OUTCOMES. THE COMMITTEE SHALL MAINTAIN DOCUMENTATION OF THE DECISION-MAKING PROCESS, INCLUDING MINUTES OF BOARD MEETINGS, DISCUSSIONS, AND SUPPORTING MATERIALS USED IN DETERMINING COMPENSATION. THE COMMITTEE SHALL CONDUCT AN ANNUAL REVIEW OF COMPENSATION PAID TO THE PRESIDENT TO ENSURE ONGOING ALIGNMENT WITH THE ORGANIZATION'S GOALS, CONSIDERATION OF THE ORGANIZATION'S FINANCIAL HEALTH, AND CHANGING MARKET CONDITIONS. THE REVIEW PROCESS SHOULD INCLUDE AN ASSESSMENT OF THE PRESIDENT'S PERFORMANCE AND STRATEGIC OBJECTIVES. CTF SHALL DISCLOSE COMPENSATION IN ACCORDANCE WITH APPLICABLE LEGAL REQUIREMENTS, SUCH AS THE INTERNAL REVENUE CODE AND ANY OTHER RELEVANT REGULATORY OR REPORTING OBLIGATIONS. THIS COMPENSATION POLICY SHALL BE REVIEWED PERIODICALLY BY THE CFT BOARD AND UPDATED AS NECESSARY TO REFLECT BEST PRACTICES AND COMPLY WITH LEGAL AND REGULATORY REQUIREMENTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | REGISTRATION FEE, STATE & FEDERAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,012. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,012. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 364. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 364. CONSULTANTS: PROGRAM SERVICE EXPENSES 23,150. MANAGEMENT AND GENERAL EXPENSES 135,600. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 158,750. |
| FORM 990, PART XII, LINE 2C: | THERE WERE NO CHANGES TO THE OVERSIGHT PROCESS FROM THE PRIOR YEAR. |
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