2016-07-21T09:13:39-05:00 2015-12-31 621174696 BRUNDIGE PAYNE AND COMPANY PC 700 COLONIAL ROAD SUITE 220 MEMPHIS TN 381175156 990 2015-05-18 474244246 TECH901 (FORMERLY MEMPHIS ACADEMY OF TECHNOLOGY) TECH 9018812677 P O BOX 771169 MEMPHIS TN 381171169 STEVE DENEGRI CHEIF OPERATING OFFICER 9018812677 2016-07-14 1 RICHARD L WEBB CPA P00362093 9016834234 2015 2016-09-27 15:27:22Z X STEVE DENEGRI P O BOX 771169 MEMPHIS TN 381171169 245100 0 X TECH901.ORG X 2015 TN TECH901 EXISTS TO TRAIN INDIVIDUALS FOR A VARIETY OF INFORMATION TECHNOLOGY JOBS AND TO WORK WITH EMPLOYERS TO INCREASE THE MEMPHIS TECHNOLOGY JOB BASE. 3 2 3 3 0 0 245100 0 0 0 245100 0 0 151677 0 8668 80381 232058 13042 17540 4498 13042 TO GROW MEMPHIS' INFORMATION TECHNOLOGY JOB BASE THROUGH TALENT AND EMPLOYMENT DEVELOPMENT 0 0 189451 TECH901 SEEKS TO TRAIN INDIVIDUALS IN TECHNOLOGY ORIENTED JOBS FOR THE BENEFIT OF THE CITY OF MEMPHIS. 189451 1 1 0 0 0 0 0 0 0 0 0 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 2 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 TN X THE ORGANIZATION 9018812677 P O BOX 771169 MEMPHIS TN 381171169 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 ROBERT MONTAGUE EXECUTIVE DIRECTOR 40.00 X 46589 0 0 STEVE DENEGRI CHEIF OPERATING OFFICER 40.00 X 70087 0 0 116676 0 0 0 0 0 0 0 245100 245100 245100 0 0 0 X 116677 101505 9338 5834 22943 22943 2092 2092 9965 8804 715 446 2208 2208 1547 1547 27807 17627 9060 1120 403 302 81 20 14063 10408 2961 694 9568 7176 1914 478 1642 1642 2964 2587 301 76 EXPENDABLE OFFICE FIXTU 18850 9425 9425 LICENSES AND PERMITS 1000 1000 INTERNET AND TELEPHONE 185 185 MISCELLANEOUS EXPENSE 144 0 144 232058 189451 33939 8668 16104 1436 0 17540 4498 0 4498 X 0 0 0 0 0 13042 0 13042 0 17540 13042 0 X X 0 1 X 1 0 X 245100 245100 245100 245100 0 0 0 245100 245100 245100 X SCHEDULE A, PART VI SUPPLEMENTAL INFORMATION TECH901 WAS INCORPORATED ON MAY 18, 2015, AND BEGAN OPERATIONS ON OR ABOUT THAT DAY. ACCORDINGLY, THE TAX RETURN FOR 2015 COVERS THE PERIOD FROM MAY 18, 2015 (INCEPTION) THROUGH DECEMBER 31, 2015, WHICH IS CONSIDERED A SHORT TAX YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 245100 0 245100 0 245100 232058 0 232058 0 232058 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT OF THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT OF THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2015, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS. FORM 990, PART VI, SECTION A, LINE 2 DAVID MONTAGUE, TREASURER, AND ROBERT MONTAGUE, EXECUTIVE DIRECTOR, ARE BROTHERS AND BOARD MEMBERS OF TECH901. FORM 990, PART VI, SECTION B, LINE 11 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 IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 17,627. MANAGEMENT AND GENERAL EXPENSES 9,060. FUNDRAISING EXPENSES 1,120. TOTAL EXPENSES 27,807. FORM 990, PART XII, LINE 2C: DURING THE YEAR, THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT.