2021-04-21T09:38:17-05:00 2020-12-31 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1755 KIRBY PARKWAY SUITE 200 MEMPHIS TN 38120 990 2020-01-01 474244246 TECH901 TECH 9018812677 1350 CONCOURSE AVENUE STE 375 MEMPHIS TN 38104 STEVE DENEGRI CHIEF OPERATING OFFICER 9018812677 2021-04-19 1 STEVE DENEGRI 999009999 RICHARD L WEBB CPA P00362093 9016834234 2021-04-08 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEVE DENEGRI 1350 CONCOURSE AVENUE STE 375 MEMPHIS TN 38104 1199952 0 X TECH901.ORG X 2015 TN TECH901'S MISSION IS TO TRAIN INDIVIDUALS FOR A VARIETY OF INFORMATION TECHNOLOGY JOBS AND TO WORK WITH EMPLOYERS TO INCREASE THE MEMPHIS TECHNOLOGY JOB BASE. 6 5 9 0 0 0 1341042 1135730 87549 64222 0 0 6000 0 1434591 1199952 0 0 0 0 981629 1025198 0 0 30663 369661 354228 1351290 1379426 83301 -179474 1309423 1277677 39524 187252 1269899 1090425 X THE ORGANIZATION'S MISSION IS TO TRAIN CURRENT OR POTENTIAL MEMPHIANS FOR A VARIETY OF INFORMATION TECHNOLOGY JOBS AND WORK WITH EMPLOYERS TO INCREASE THE MEMPHIS TECHNOLOGY JOB BASE. TECH901 WAS FOUNDED TO PROVIDE VOCATIONAL AWARENESS-BUILDING, ASSESSMENT, RECRUITMENT, AND TRAINING REFERRAL AND JOB OPENING DATA SERVICES FOR A RANGE OF TECHNOLOGY CAREERS. 0 0 1235781 64222 TECHNOLOGY TRAINING TO INDIVIDUALS IN ORDER TO ENHANCE THE TALENT BASE FOR TECHNOLOGY JOBS WHILE PROVIDING AWARENESS TO MEMPHIS AND MID-SOUTH BUSINESSES OF THE ENHANCED TALENT POOL. ESTIMATED CLIENTS SERVED 300. 1235781 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X THE ORGANIZATION 9018812677 1350 CONCOURSE AVENUE STE 375 MEMPHIS TN 38104 TOM MARINO PRESIDENT 2.00 X X 0 0 0 DAVID HARRIS SECRETARY 2.00 X X 0 0 0 DAVID MONTAGUE TREASURER 2.00 X X 0 0 0 JENNIFER KROUSE DIRECTOR 2.00 X 0 0 0 CHARLES ELLIOTT DIRECTOR 2.00 X 0 0 0 MICHELLE EPPS DIRECTOR 2.00 X 0 0 0 ROBERT MONTAGUE EXECUTIVE DIRECTOR 40.00 X 78334 0 13834 STEVE DENEGRI CHIEF OPERATING OFFICER 40.00 X 130556 0 19360 JENNIFER L CARMICHAEL DIRECTOR OF MARKETING 40.00 X 104703 0 3600 313593 0 36794 2 0 0 0 CROSSTOWN MASTER TENANT LLC 5101 WHEELIS DRIVE SUITE 320 MEMPHIS TN 38117 LANDLORD 128247 1 1135730 1135730 TUITION AND FEES 611420 64222 64222 64222 1199952 64222 0 0 208890 174946 16972 16972 652636 652636 7319 6979 170 170 97760 92844 2458 2458 58593 55997 1298 1298 25470 12735 12735 25092 18819 5018 1255 28688 17906 10076 706 128246 96185 25649 6412 1788 1788 43414 21707 21707 6051 4538 1210 303 TEXTBOOKS & TECHING TOO 58594 58594 DUES AND SUBSCRIPTIONS 21771 16328 4354 1089 CLASS ROOM AND OTHER CO 9296 3519 5777 BANK FEES 2596 2596 3222 260 2962 1379426 1235781 112982 30663 629738 611074 26821 794101 154319 679685 639782 1309423 1277677 39524 15892 14760 156600 39524 187252 X 1034896 1017925 235003 72500 1269899 1090425 1309423 1277677 -179474 0 X X 0 1 X 0 0 X 1146280 1462217 1363094 1341042 1135730 6448363 1146280 1462217 1363094 1341042 1135730 6448363 101033 6347330 6448363 0.98430 0.98850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 761957 149011 612946 32144 5308 26836 639782 X 1199952 0 1199952 0 1199952 1379426 0 1379426 0 1379426 PART X, LINE 2: TECH901 FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED DECEMBER 31, 2017 THROUGH DECEMBER 31, 2020, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF DECEMBER 31, 2020. FORM 990, PART VI, SECTION A, LINE 2 DAVID MONTAGUE, TREASURER AND BOARD MEMBER OF TECH901 AND ROBERT MONTAGUE, EXECUTIVE DIRECTOR OF TECH901, ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARER PROVIDED A COPY OF THE FINAL VERSION OF FORM 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW, CONSIDERATION, COMMENTS AND SUGGESTIONS AND FINAL APPROVAL BEFORE THE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS ARE REQUIRED TO UPDATE AN ANNUAL CONFLICT OF INTEREST STATEMENT AS REQUIRED BY THE ADOPTED POLICY. THE POLICY REQUIRES A BOARD MEMBER TO PROVIDE RELEVANT INFORMATION TO THE FULL BOARD IF THE AFFECTED BOARD MEMBER BELIEVES THAT A POTENTIAL CONFLICT HAS ARISEN WITH THE POTENTIAL CONFLICT RESOLVED BY A VOTE OF THE FULL BOARD EXCLUSIVE OF THE MEMBER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONSIDERED THE COMPENSATION FROM OTHER ORGANIZATIONS IN THE MEMPHIS AREA IN LIKE POSITIONS AND MADE A DETERMINATION OF THE COMPENSATION FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 TECH901 HAS AVAILABLE FOR PUBLIC INSPECTION ALL REQUIRED DOCUMENTS IN A SEPARATE BINDER MARKED "OPEN FOR PUBLIC INSPECTION AND WILL PROVIDE THE INFORMATION FOR REVIEW UPON REQUEST. FORM 990, PART XII, LINE 2C: ALTHOUGH THE ORGANIZATION DOES NOT HAVE A SEPARATE COMMITTEE THAT PROVIDES OVERSIGHT OF THE AUDIT PROCESS, THE FULL BOARD REVIEWS AND APPROVES THE AUDIT REPORT BEFORE IT IS ISSUED. THE ORGANIZATION HAS NOT CHANGED ITS SELECTION PROCESS FOR THE INDEPENDENT ACCOUNTANTS.