CENTRI TECH FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CENTRI TECH FOUNDATION (EIN 82-4044837)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-17
- IRS object ID
- 202401389349300810
- Schema version
- 2023v5.0
- 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 | 2024-05-17T08:25:31-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | 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 | 2023-01-01 | 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 | 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 | 2024-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | STAPLES | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID J SHERDEL CPA | PreparerPersonNm |
| PTIN | P01306021 | PTIN |
| Phone | 3017705100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | MARTA URQUILLA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1717 PENNSYLVANIA AVE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $583,896 | 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 | 12 | TotalEmployeeCnt |
| Total Volunteers | 3 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $160,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $554,325 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $23,007 | PYInvestmentIncomeAmt |
| CY Investment Income | $29,571 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $183,007 | PYTotalRevenueAmt |
| CY Total Revenue | $583,896 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,509,336 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,542,336 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $476,126 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $587,162 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $99,630 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $767,406 | PYOtherExpensesAmt |
| CY Other Expenses | $580,100 | CYOtherExpensesAmt |
| PY Total Expenses | $2,752,868 | PYTotalExpensesAmt |
| CY Total Expenses | $2,709,598 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,569,861 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,125,702 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,215,688 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,251,114 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $25 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,215,663 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,251,089 | 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 | $1,747,887 | ExpenseAmt |
| Grant | $1,500,000 | GrantAmt |
| Desc | SOCIAL JUSTICE INNOVATION AWARDS IN SEPTEMBER 2023, THE CENTRI TECH FOUNDATION, IN PARTNERSHIP WITH MORGAN STANLEY, ANNOUNCED SIX WINNERS OF THE 2023 SOCIAL JUSTICE INNOVATION AWARDS (SJIA), A PROGRAM NOW IN ITS SECOND YEAR AND SUPPORTED BY MORGAN STANLEY THAT AIMS TO IDENTIFY AND INVEST IN BREAKTHROUGH IDEAS FOR SOCIAL JUSTICE. OVER 2022 AND 2023, CTF PROVIDED $2.75M IN FINANCIAL INVESTMENT ALONG WITH SUPPORT TO 11 LEADERS WHO ARE PROMOTING OPPORTUNITY AND INCLUSION ACROSS A SPECTRUM OF ISSUES FROM MENTAL HEALTH, ACCESS TO TECHNOLOGY, EDUCATION, PUBLIC BENEFITS, REHABILITATIVE JUSTICE, AND CULTURAL HERITAGE PRESERVATION.2023 AWARDEES RECEIVED $250,000 AND BESPOKE SUPPORT TO DEVELOP THEIR INNOVATIONS. THEY ALSO WERE INVITED TO JOIN 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 LATE SEPTEMBER. FROM NOVEMBER - DECEMBER 2023, THE COHORT CONNECTED WITH LEADING EXPERTS FOR STRATEGIC SESSIONS FOCUSED ON TECHNOLOGY, LEADERSHIP AND MANAGEMENT.- CTF AND THE SJIA FELLOWS ATTENDED A DAY-LONG EVENT AT MORGAN STANLEY, WHICH INCLUDED A FIRESIDE CHAT FEATURING CTF CHAIR, REY RAMSEY, AND MORGAN STANLEY GLOBAL HEAD OF TALENT, SUSAN REID. THE EVENT WAS PRECEDED BY A CLOSED-DOOR SESSION FOR SJIA FELLOWS AND SELECT MORGAN STANLEY EXECUTIVES TO DISCUSS GENERATIVE AI AND INCLUSIVE ENTREPRENEURSHIP.- CTF CHAIR REY RAMSEY LED A LEADERSHIP MANAGEMENT STRATEGY SESSION FOCUSED ON THE DYNAMIC MANAGEMENT MAP AND INVERTED PYRAMID MODELS, OFFERING A PLATFORM FOR FELLOWS TO DISCUSS LEADERSHIP CHALLENGES AND GAIN INSIGHTS FROM THE GROUP.IN NOVEMBER, CTF OFFICIALLY LAUNCHED THE 2024 SOCIAL JUSTICE INNOVATION AWARDS, EXTENDING A CALL FOR NOMINATIONS TO A NATIONAL NETWORK OF SUBJECT MATTER EXPERTS AND SOCIAL JUSTICE PRACTITIONERS. IN EARLY 2024, NOMINEES WILL BE INVITED TO APPLY FOR THE AWARDS, WITH THE EXTERNAL REVIEW AND SELECTION PROCESS SLATED TO BEGIN IN LATE SPRING 2024. WINNERS WILL BE ANNOUNCED IN LATE 2024. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $493,768 | ExpenseAmt |
| Grant | $42,336 | GrantAmt |
| Desc | DIGITAL ADVANCEMENT INSTITUTE:THE CENTRI TECH FOUNDATION SEEKS TO LEVERAGE INVESTMENTS IN TECHNOLOGY ACCESS AND ADOPTION TO BUILD AN INCLUSIVE DIGITAL ECONOMY. BY EXTENDING 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 TECHNOLOGY-BASED ECONOMIC DEVELOPMENT AND EXPAND PROSPERITY FOR ALL. THIS APPROACH IS CALLED DIGITAL ADVANCEMENT, A NEW MINDSET THAT BELIEVES WHEN PEOPLE ARE CONNECTED, OUR SHARED POSSIBILITIES ARE LIMITLESS. IN OCTOBER 2023, WE RELEASED V2.0 OF THE DIGITAL ADVANCEMENT MUNICIPAL INDEX ("MUNI INDEX"), 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.LOOK AHEAD 2024: CTF IS COMMITTED TO SHARING MORE DATA AND INSIGHTS WITH COMMUNITIES TO HELP ENRICH STRATEGIC DECISION MAKING AND IMPROVE QUALITY OF LIFE. CTF WILL CONTINUE TO WORK WITH EXTERNAL STAKEHOLDERS TO ITERATE AND AMPLIFY THE MUNICIPAL INDEX VIA ENGAGEMENT AND KNOWLEDGE SHARING. IN WINTER 2024, THE DIGITAL ADVANCEMENT INSTITUTE WILL PRESENT THE MUNI INDEX AT THE NET INCLUSION CONFERENCE, WHICH WILL GATHER 1300 ATTENDEES IN PHILADELPHIA, PA. IN SPRING 2024, CTF WILL UPDATE THE TOOL WITH 2022 PUBLIC DATA FROM THE US CENSUS. AS STATES PREPARE TO DISBURSE FEDERAL FUNDS FOR DIGITAL EQUITY IN THE COMING YEAR, EMPHASIS WILL BE GIVEN TO LEVERAGING THE TOOL TO HELP STAKEHOLDERS RESPOND TO AND PREPARE FOR THOSE OPPORTUNITIES. TO HELP CITIES PROGRESS ALONG THE INDEX, THE DIGITAL ADVANCEMENT INSTITUTE WILL SHARE RESOURCES, AS WELL AS ACCESS TO DATA AND EXPERT NETWORKS, ENGAGING PARTNERS ACROSS GOVERNMENT, THE PRIVATE SECTOR, PHILANTHROPY AND NONPROFITS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $148,726 | ExpenseAmt |
| Desc | DIGITAL INTEGRATORS PROGRAM:BUILDING ON OUR DIGITAL INTEGRATORS PROGRAM, CTF DESIGNED THE COMMUNITY SKILLS CONNECT INITIATIVE TO DELIVER DIGITAL WORKFORCE SKILLS TRAINING, INFORMATION, AND RESOURCES TO LOW-INCOME JOB SEEKERS. IN FALL 2023, CTF RECEIVED SUPPORT FROM VERIZON'S COMMUNITY ENHANCEMENT AWARD, A $1 MILLION NATIONAL INITIATIVE TO ENSURE COMMUNITIES HAVE ACCESS TO THE TOOLS AND SKILLS TO NAVIGATE AN INCREASINGLY TECHNOLOGICAL WORLD. AS ONE OF 10 GRANTEES, CTF WILL USE THE GRANT TO IMPLEMENT THIS INITIATIVE IN THE CITIES OF WASHINGTON, DC, PHILADELPHIA, PA, AND BALTIMORE, MD.LOOK AHEAD 2024: CTF WILL LAUNCH COMMUNITY SKILLS CONNECT, A NEW DIGITAL WORKFORCE DEVELOPMENT INITIATIVE TO CONNECT JOBSEEKERS 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 UNDERSERVED JOB SEEKERS NAVIGATE THE LOCAL DIGITAL WORKFORCE DEVELOPMENT ECOSYSTEM AND ACCESS OPPORTUNITIES SUCH AS DIGITAL SKILLS TRAINING, RESKILLING AND UPSKILLING PROGRAMS, AND TRAINING FOR TECH CAREERS AND ENTREPRENEURSHIP. ADDITIONALLY, A PARTNERSHIP WITH CENTRI LIFE, A DIGITAL PLATFORM, WILL CONNECT RESIDENTS TO LOCAL PATHWAYS FOR ECONOMIC AND EDUCATIONAL OPPORTUNITIES. THIS INITIATIVE IS SUPPORTED BY THE VERIZON COMMUNITY ENHANCEMENT AWARD, ATHE COMMUNITY SKILLS CONNECT INITIATIVE WILL PARTNER WITH AND PROMOTE THE EFFORTS OF THREE, ON-THE-GROUND ORGANIZATIONS THAT ARE CONNECTING RESIDENTS TO THE INTERNET, DIGITAL SKILLS TRAINING, WORKFORCE DEVELOPMENT OPPORTUNITIES, AND WRAPAROUND SUPPORT SERVICES AS A MEANS TO EXPAND DIGITAL ACCESS AND INCREASE ECONOMIC OPPORTUNITY.VIA CENTRI LIFE, A WEB-BASED PLATFORM, COMMUNITY SKILLS CONNECT WILL HELP JOBSEEKERS DISCOVER AND ACCESS LOCAL TRAINING OPPORTUNITIES FOR DIGITAL LITERACY, DIGITAL SKILLS, RESKILLING, AND UPSKILLING; EARN CREDENTIALS; IDENTIFY PATHWAYS FOR JOBS AND CAREERS; AND APPLY FOR JOBS. THE PLATFORM WILL FEATURE CURATED INFORMATION, SERVICES, AND RESOURCES, INCLUDING PRACTICAL TOOLS, IN-PERSON EVENTS, AND A VIRTUAL CAREER SERIES FOR TECH ENTREPRENEURS. OUTREACH AND ENGAGEMENT WILL BE FACILITATED BY A TRAIN-THE-TRAINER MODULE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $76,459 | ExpenseAmt |
| Desc | JUNIOR HOUSING & COMMUNITY DEVELOPMENT FELLOW:FOR THE THIRD YEAR IN A ROW, CTF IMPLEMENTED A 10-WEEK SUMMER PROGRAM (JULY 3- SEPTEMBER 11, 2023), PROVIDING INSTRUCTION AND APPLIED LEARNING IN THE AREAS OF COMMUNITY DEVELOPMENT, AFFORDABLE HOUSING, BROADBAND TECHNOLOGY, RESIDENT SERVICES, AND IMPACT INVESTING SECTORS. THE STUDENT FELLOW WAS A RISING CAL POLY TECH GRADUATE STUDENT AND A TRACK AND FIELD ATHLETE.CTF FACILITATED SITE VISITS TO CHARLOTTE, NC, NEW YORK, NY, AND WASHINGTON, D.C., TO MEET WITH COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING PROFESSIONALS AND ORGANIZATIONS. THE PROGRAM CONCLUDED WITH THE CANDIDATE DELIVERING A CAPSTONE PROJECT PRESENTATION TO CENTRI AND MORGAN STANLEY LEADERSHIP FOCUSED ON A MOCK COMMUNITY DEVELOPMENT PROJECT IN JACKSON, MS, AIMING TO PROVIDE AFFORDABLE LOW-INCOME HOUSING TO TENANTS RANGING FROM 30% OF THE AREA MEDIAN INCOME TO 80%. FOR 2024, THE JUNIOR HOUSING FELLOWSHIP WILL CONTINUE TO PARTNER WITH CAL POLY TECH DURING THE ACADEMIC YEAR AND SUMMER. IN ADDITION, THE PROGRAM SEEKS TO EXPAND TO LOCAL UNIVERSITIES IN THE WASHINGTON, D.C. REGION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $76,459 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $2,466,840 | 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 | 0 | 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 | Yes (1) | 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 | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 12 | 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 (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| REY RAMSEY | ||||||
| CHAIRMAN | 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 | |
| KAT TRUJILLO | ||||||
| PROGRAM DIRECTOR, SIJA | 40.00 | Yes (X) | $95,417 | $0 | $5,988 | |
| MARC MCALEAVEY | ||||||
| PROGRAM DIRECTOR, DIGITAL ADVANCEMENT | 40.00 | Yes (X) | $43,542 | $0 | $9,507 | |
| KENDRA HILLS | ||||||
| PROGRAM DIRECTOR, DIGITAL ADVANCEMENT | 40.00 | Yes (X) | $54,697 | $0 | $3,363 | |
| TYRELL HOLCOMB | ||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | Yes (X) | $87,413 | $0 | $5,710 | |
| MARTA URQUILLA | ||||||
| PRESIDENT | 40.00 | $188,000 | $0 | $18,781 | Yes (X) | |
| MICHAEL STAPLES | ||||||
| TREASURY & 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 | $469,069 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $43,349 | 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 | $554,325 | AllOtherContributionsAmt |
| Total Contributions | $554,325 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,571 | TotalRevenueColumnAmt |
| Exclusion | $29,571 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $583,896 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $29,571 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,542,336 | TotalAmt |
| Program Services | $1,542,336 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $505,100 | TotalAmt |
| Program Services | $402,338 | ProgramServicesAmt |
| Management And General | $18,139 | ManagementAndGeneralAmt |
| Fundraising | $84,623 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,511 | TotalAmt |
| Program Services | $32,429 | ProgramServicesAmt |
| Management And General | $1,491 | ManagementAndGeneralAmt |
| Fundraising | $7,591 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,551 | TotalAmt |
| Program Services | $31,679 | ProgramServicesAmt |
| Management And General | $1,456 | ManagementAndGeneralAmt |
| Fundraising | $7,416 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,215 | TotalAmt |
| Management And General | $11,215 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,997 | TotalAmt |
| Program Services | $49,685 | ProgramServicesAmt |
| Management And General | $100,312 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,343 | TotalAmt |
| Management And General | $1,343 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,029 | TotalAmt |
| Program Services | $857 | ProgramServicesAmt |
| Management And General | $9,172 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,516 | TotalAmt |
| Program Services | $11,516 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $396,000 | TotalAmt |
| Program Services | $396,000 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,709,598 | TotalAmt |
| Program Services | $2,466,840 | ProgramServicesAmt |
| Management And General | $143,128 | ManagementAndGeneralAmt |
| Fundraising | $99,630 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,146,345 | BOYAmt |
| EOY | $156,707 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,086,292 | BOYAmt |
| EOY | $1,094,407 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $983,051 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,215,688 | BOYAmt |
| EOY | $1,251,114 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25 | BOYAmt |
| EOY | $25 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25 | BOYAmt |
| EOY | $25 | 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 | $3,215,663 | BOYAmt |
| EOY | $1,251,089 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,215,663 | BOYAmt |
| EOY | $1,251,089 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,215,688 | BOYAmt |
| EOY | $1,251,114 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,125,702 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $161,128 | NetUnrlzdGainsLossesInvstAmt |
| 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 | $150,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,000,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,557,800 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $160,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $554,325 | CurrentTaxYearAmt |
| Total | $8,422,125 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $150,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,000,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,557,800 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $160,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $554,325 | CurrentTaxYearAmt |
| Total | $8,422,125 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $8,422,125 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $2,479 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,007 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,571 | CurrentTaxYearAmt |
| Total | $55,057 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $8,477,182 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $733,809 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $161,128 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $161,128 | RevenueNotReportedAmt |
| Revenue Subtotal | $572,681 | RevenueSubtotalAmt |
| Other Revenues Not Included | $11,215 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $11,215 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $583,896 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,709,598 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,709,598 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,709,598 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | 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, 2023 AND 2022. 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. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| THE BEAN PATH | ||||||||
| 451 N GALLATIN STREET | JACKSON | MS | 39203 | 821523381 | 501(C)(3) | $0 | $250,000 | SJIA AWARD RECEIPIENT |
| BENEFITS DATA TRUST | ||||||||
| 1500 MARKET STREET SUITE 2700 | PHILADELPHIA | PA | 19102 | 203455598 | 501(C)(3) | $0 | $250,000 | SJIA AWARD RECEIPIENT |
| CAPITAL CAUSE | ||||||||
| 11806 JESTER COURT | BOWIE | MD | 20721 | 271342153 | 501(C)(3) | $0 | $250,000 | SJIA AWARD RECEIPIENT |
| INDIGIGENIUS | ||||||||
| 522 W RIVERSIDE AVE STE 4934 | SPOKANE | WA | 95691 | 920498044 | 501(C)(3) | $0 | $250,000 | SJIA AWARDS RECEIPIENT |
| INFINITE FOCUS INC | ||||||||
| 1726 MONTPELIER STREET | BALTIMORE | MD | 21218 | 824481194 | $0 | $250,000 | SJIA AWARD RECIPIANT | |
| FREEDOM READS | ||||||||
| 2666 STATE STREET SUITE5A | HAMDEN | CT | 06517 | 873023665 | 501(C)(3) | $0 | $250,000 | SJIA AWARD RECIPIANT |
| WESLEY HOUSING | ||||||||
| 2311 HUNTINGTON AVE | ALEXANDRIA | VA | 22303 | 510155779 | 501(C)(3) | $0 | $42,336 | DIGITAL ADVANCEMENT GRANT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 7 | TotalOtherOrgCnt |
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 | $188,000 | 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 | $18,781 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $206,781 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTRI TECH LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | FOUNDER | RelationshipWithOrgTxt |
| Loan Purpose | ACCOUNTS PAYABLE | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Balance Due | $25 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | 0 | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $25 | TotalBalanceDueAmt |
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 | $487,500 | TransactionAmt |
| Transaction | PAYMENT FOR PROGRAM SERVICES AND BACK OFFICE ADMINISTRATIVE SERVICES | TransactionDesc |
| Sharing Of Revenues | Yes (1) | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 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 XII, LINE 2C: | THERE WERE NO CHANGES TO THE OVERSIGHT PROCESS FROM THE PRIOR YEAR. |
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