CENTRI TECH FOUNDATION: Form 990, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- CENTRI TECH FOUNDATION (EIN 82-4044837)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-09-08
- IRS object ID
- 202602519349302020
- Schema version
- 2025v4.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-09-08T16:46:42-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6116 EXECUTIVE BLVD 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 | 2025-01-01 | 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 | MARTA URQUILLA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5712146223 | PhoneNum |
| Signature | 2026-09-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID J SHERDEL CPA | PreparerPersonNm |
| PTIN | P01306021 | PTIN |
| Phone | 3017705100 | PhoneNum |
| Preparation | 2026-09-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
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 1 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $699,793 | 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 | 2 | VotingMembersIndependentCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,201,596 | PYContributionsGrantsAmt |
| CY Contributions Grants | $675,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $15,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $80,919 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,793 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,282,515 | PYTotalRevenueAmt |
| CY Total Revenue | $699,793 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $94,426 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $450,757 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $486,073 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $100,000 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $826,959 | PYOtherExpensesAmt |
| CY Other Expenses | $441,819 | CYOtherExpensesAmt |
| PY Total Expenses | $1,372,142 | PYTotalExpensesAmt |
| CY Total Expenses | $927,892 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$89,627 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$228,099 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,161,462 | TotalAssetsBOYAmt |
| Total Assets EOY | $933,363 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,161,462 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $933,363 | 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 | $398,624 | ExpenseAmt |
| Desc | DIGITAL ADVANCEMENT PROGRAMINITIATED A PARTNERSHIP WITH THE GEORGE GUND FOUNDATION TO SUPPORT A DISCOVERY OF THE SYSTEMS OF SUPPORT FOR RESIDENTS EXPERIENCING HOUSING INSTABILITY IN CUYAHOGA COUNTY, OH, AND IDENTIFY OPPORTUNITIES FOR SOLUTIONS TO IMPROVE OUTCOMES. MAINTAINED AND ENHANCED 40 PROPERTY-BASED ITERATIONS OF CENTRI LIFE, CTF'S ONLINE PLATFORM THAT OFFERS LIFE-ENHANCING RESIDENT SERVICES TO HOUSING PROVIDERS WITH 8,000 UNITS OF LOW-INCOME HOUSING ACROSS 15 STATES. DURING 2025, 3 NEW CUSTOM CENTRI LIFE SITES WERE ADDED IN ORLANDO, FL, IN PARTNERSHIP WITH WENDOVER HOUSING. ADOPTION PROMOTIONS WERE HELD AT 40 PARTNER PROPERTIES. DATA REFRESH AND GEOSPATIAL DATA MAPPING OF DIGITAL ADVANCEMENT MUNICIPAL INDEX. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $44,759 | ExpenseAmt |
| Desc | SOCIAL JUSTICE INNOVATION AWARDSCTF COMPLETED IMPLEMENTATION OF THE SOCIAL JUSTICE INNOVATION AWARDS. LAUNCHED IN 2021 IN PARTNERSHIP WITH MORGAN STANLEY, THE PROGRAM IDENTIFIED AND REWARDED SOCIAL ENTREPRENEURS WITH BREAKTHROUGH IDEAS FOR SOCIAL CHANGE. THE WINNERS OF THE SJIA RECEIVED GRANTS AND SUPPORT TO DEVELOP THEIR INNOVATIONS. IN TOTAL, CTF RE-GRANTED $2.75M TO 11 INNOVATORS 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. WINNERS JOINED A 9-MONTH FELLOWSHIP COHORT DESIGNED TO PROMOTE COLLABORATION, BUILD LEADERSHIP CAPACITY, AND INCREASE THEIR ACCESS TO NETWORKS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $275,799 | ExpenseAmt |
| Revenue | $15,000 | RevenueAmt |
| Desc | DIGITAL INTEGRATORS PROGRAMSPONSORED A SECOND AI FOR ENTREPRENEURS WORKSHOP, PROVIDING AI SCHOLARSHIPS TO 20 ASPIRING ENTREPRENEURS WHO RECEIVED LAPTOPS, SOFTWARE AND A TUITION-FREE AI BOOTCAMP. CONTINUED IMPLEMENTATION OF THE VERIZON COMMUNITY ENHANCEMENT AWARD TO SUPPORT A DIGITAL SKILLS AND WORKFORCE DEVELOPMENT INITIATIVE IN MD, PA AND DC. MAINTAINED DIGITAL TOOLS FOR JOB SEEKERS AS PART OF COMMUNITY SKILLS CONNECT, AN INITIATIVE TO HELP LOW-INCOME RESIDENTS NAVIGATE LOCAL WORKFORCE DEVELOPMENT RESOURCES AND ACCESS DIGITAL SKILLS TRAINING. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $719,182 | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | 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 | Yes (1) | 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 | 5 | 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 |
| 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 | 2 | 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 | $181,450 | $0 | $27,559 | 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 | $181,450 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $27,559 | 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 | $675,000 | AllOtherContributionsAmt |
| Total Contributions | $675,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CENTRI LIFE LICENSE FE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $15,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $15,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,793 | TotalRevenueColumnAmt |
| Exclusion | $9,793 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $699,793 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,793 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,010 | TotalAmt |
| Program Services | $206,919 | ProgramServicesAmt |
| Management And General | $2,091 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,607 | TotalAmt |
| Program Services | $202,561 | ProgramServicesAmt |
| Management And General | $2,046 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,065 | TotalAmt |
| Program Services | $38,675 | ProgramServicesAmt |
| Management And General | $390 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,391 | TotalAmt |
| Program Services | $33,057 | ProgramServicesAmt |
| Management And General | $334 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,862 | TotalAmt |
| Program Services | $109,375 | ProgramServicesAmt |
| Management And General | $78,487 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,699 | TotalAmt |
| Management And General | $3,699 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,213 | TotalAmt |
| Program Services | $2,357 | ProgramServicesAmt |
| Management And General | $19,856 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,197 | TotalAmt |
| Program Services | $7,197 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,041 | TotalAmt |
| Program Services | $34,041 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,657 | TotalAmt |
| Management And General | $1,657 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| FUNDRAISING | $100,000 | $100,000 | ||
| PAYMENTS TO AFFILIATES | $85,000 | $85,000 | ||
| OTHER EXPENSES | $150 | $150 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $927,892 | TotalAmt |
| Program Services | $719,182 | ProgramServicesAmt |
| Management And General | $108,710 | ManagementAndGeneralAmt |
| Fundraising | $100,000 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,059,340 | BOYAmt |
| EOY | $255,507 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $609,775 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $102,122 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $34,041 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,122 | BOYAmt |
| EOY | $68,081 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,161,462 | BOYAmt |
| EOY | $933,363 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | 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 | $1,161,462 | BOYAmt |
| EOY | $933,363 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,161,462 | BOYAmt |
| EOY | $933,363 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,161,462 | BOYAmt |
| EOY | $933,363 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$228,099 | 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 | $4,557,800 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $160,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $554,325 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,201,596 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $675,000 | CurrentTaxYearAmt |
| Total | $7,148,721 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,557,800 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $160,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $554,325 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,201,596 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $675,000 | CurrentTaxYearAmt |
| Total | $7,148,721 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,967,819 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,180,902 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,479 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,007 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,571 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,493 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,793 | CurrentTaxYearAmt |
| Total | $85,343 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,234,064 | TotalSupportAmt |
| Public Support CY170 | 0.71620 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84320 | PublicSupportPY170Pct |
| 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 |
| Depreciation | $34,041 | DepreciationAmt |
| Book Value | $68,081 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $68,081 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $699,793 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $699,793 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $699,793 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $927,892 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $927,892 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $927,892 | 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, 2025. 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 G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | APERIO PHILANTHROPY LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 PEARL STREET 1ST FLOOR 55 | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | GENERAL FUNDRAISING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $100,000 | RetainedByContractorAmt |
| Net To Organization | -$100,000 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $100,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$100,000 | TotalNetToOrganizationAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
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 | $181,450 | 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 | $27,559 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $209,009 | 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 | $85,000 | 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 1,056. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,056. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 231. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 231. CONSULTANTS: PROGRAM SERVICE EXPENSES 109,375. MANAGEMENT AND GENERAL EXPENSES 77,200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 186,575. |
| FORM 990, PART XII, LINE 2C: | THERE WERE NO CHANGES TO THE OVERSIGHT PROCESS FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTRI TECH LLC | BusinessNameLine1Txt |
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) |
|---|---|---|
| EIN | 852395334 | EIN |
| Primary Activities | TECHNOLOGY | PrimaryActivitiesTxt |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Predominant Income Type | UNRELATED | PredominantIncomeTypeTxt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | Yes (1) | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTRI TECH LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | H | TransactionTypeTxt |
| Involved | $102,122 | InvolvedAmt |
| Method Of Amount Determination | BOOK VALUE AT TIME OF SALE | MethodOfAmountDeterminationTxt |
Comments