2025-11-17T08:29:20-05:00 2025-06-30 043578147 BURGESS ROBB & GRASSETTI PC 2 CENTER SQUARE EAST LONGMEADOW MA 01028 990 2024-07-01 464389001 TECH FOUNDRY INC TECH 4132760609 1350 MAIN STREET SUITE 500 SPRINGFIELD MA 01103 PAUL NICHOLSON TREASURER 4132760609 2025-11-05 true true N ANDREW ROBB P00251883 4135250025 2025-11-10 2024 2025-03-06 01:10:19Z MIKE WALKER 1350 MAIN STREET SUITE 500 SPRINGFIELD MA 01103 1956783 false X THETECHFOUNDRY.ORG X 2013 MA FOUNDED BY CONCERNED AREA EMPLOYERS WHO SAW A DRAMATIC NEED FOR A SKILLED IT WORKFORCE, TECH FOUNDRY IS ON A MISSION TO BUILD THE MOST DYNAMIC AND FLUID IT WORKFORCE DEVELOPMENT AND TRAINING PROGRAMS EVER CREATED. DRIVEN BY SPECIFIC EMPLOYER DEMANDS, WE COMBINE HANDS-ON SKILL FOCUSED TECHNICAL TRAINING WITH PROFESSIONAL DEVELOPMENT, WHICH AIDS US IN OUR OVERARCHING DUTY TO ELEVATE AN UNDER-SERVED, AT-RISK POPULATION INTO TOMORROW'S IT WORKFORCE. THE GREATER SPRINGFIELD AREA OF MASSACHUSETTS IS A REGION RIPE WITH OPPORTUNITY. A LOW COST OF LIVING AND HIGH AND QUALITY OF LIFE MAKE IT AN ATTRACTIVE COMMUNITY FOR BUSINESSES AND EMPLOYEES ALIKE. THE OBSTACLE TO GROWTH FOR OUR REGION IS THE LACK OF A SKILLED WORKFORCE. WITHOUT A STRONG, SCALABLE, AND DYNAMIC WORKFORCE, EMPLOYERS ARE HESITANT TO LOCATE AND GROW JOBS HERE AND THE TALENT WE DO HAVE IS HESITANT TO STAY. AT NO COST TO THE STUDENTS, WE PREPARE A CROSS-SECTION OF THE POPULATION TO STEP INTO A SUSTAINABLE CAREER IN THE INFORMATION T 16 16 20 95 0 1498786 1919289 49949 42623 494 544 -173 -5673 1549056 1956783 0 0 850810 1128576 0 105448 312943 523519 1163753 1652095 385303 304688 857687 1493550 74780 405955 782907 1087595 SEE SCHEDULE O false false 1313890 1378581 EDUCATIONAL AND WORKFORCE DEVELOPMENT PROGRAM TO TRAIN CAREER-SEEKERS ON THE PROFESSIONAL SKILLS AND TECHNICAL SKILLS REQUIRED TO FILL ENTRY-LEVEL IT POSITIONS. TOTAL NUMBER OF STUDENTS SERVED - 84. THE ORGANIZATION RECEIVED IN-KIND REVENUE AND EXPENSES IN THE AMOUNT OF 20,759 FOR THE YEAR ENDED JUNE 30, 2025 WHICH CONSISTED OF VARIOUS SERVICES INCLUDING LEGAL AND TRAINING AND DONATED MATERIALS AND SMALL EQUIPMENT. 1313890 true true false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 10 0 20 true false false false false false false false false X 16 16 false false false false false false false true true false false true true true true true false true false false MA X PATRICIA CANAVAN 4132760609 1350 MAIN STREET SUITE 500 SPRINGFIELD MA 01103 X MIKE WALKER PRESIDENT 1.00 X X 0 0 0 PAUL NICHOLSON TREASURER 1.00 X X 0 0 0 DIANNE DOHERTY DIRECTOR 0.50 X 0 0 0 ANN MCFARLAND BURKE DIRECTOR 0.50 X 0 0 0 DAWN CREIGHTON DIRECTOR 0.50 X 0 0 0 JAY ASH DIRECTOR 0.50 X 0 0 0 EVERTON CHIN DIRECTOR 0.50 X 0 0 0 BRIANA DAWKINS CLERK 1.00 X X 0 0 0 DAMON DEPAOLO DIRECTOR 0.50 X 0 0 0 SAMALID HOGAN DIRECTOR 0.50 X 0 0 0 XIAOLEI HUA DIRECTOR 0.50 X 0 0 0 CINDY KNOWLES DIRECTOR 0.50 X 0 0 0 PATRICK STRECK DIRECTOR 0.50 X 0 0 0 DR GEORGE TIMMONS DIRECTOR 0.50 X 0 0 0 HECTOR TOLEDO DIRECTOR 0.50 X 0 0 0 SALAM ZEBIAN DIRECTOR 0.50 X 0 0 0 PATRICIA CANAVAN CEO 40.00 X 171731 0 2091 171731 2091 1 false true false 314556 1604733 1919289 TRAINING INCOME 30450 30450 OTHER PROGRAM SERVICE FEES 11670 11670 MISCELLANEOUS INCOME 503 503 42623 544 544 SUBLEASE RENTAL INCOME 1500 1500 LOSS ON DISPOSAL OF CAP ASSET -7173 -7173 -5673 1956783 37494 171731 93621 34971 43139 824552 758026 66526 46021 44806 671 544 86272 74194 8627 3451 6840 6840 46571 11602 34969 96394 66638 29756 38675 17781 16844 4050 23876 8086 15649 141 10481 3761 6720 109874 105480 2197 2197 15038 11988 3050 58664 57490 587 587 17676 14329 2906 441 10TH ANNIVERSARY GALA 50898 50898 PROGRAM SUPPLIES 40315 40315 FOOD 8217 5773 2444 1652095 1313890 232757 105448 176223 455818 340960 393661 163166 149713 5554 19844 390794 217173 171784 173621 300893 857687 1493550 38236 95510 36544 15720 294725 74780 405955 X 379764 431434 403143 656161 782907 1087595 857687 1493550 304688 X false true X true false X 650153 377782 957104 1498786 1919289 5403114 54065 76703 21104 50270 37494 239636 704218 454485 978208 1549056 1956783 5642750 5642750 704218 454485 978208 1549056 1956783 5642750 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23787 1982 21805 367007 215191 151816 173621 RIGHT OF USE ASSET 291949 SECURITY DEPOSIT 8944 300893 LEASE LIABILITY 294725 294725 1977542 20759 20759 1956783 1956783 1672854 20759 20759 1652095 1652095 X false false false false false false false false false PATRICIA CANAVAN CEO 151731 20000 2091 173822 FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS PROVIDED APPROXIMATELY 466 HOURS OF SERVICE INCLUDING THE BOARD OF DIRECTORS, AN ADVISORY BOARD AND GUEST SPEAKERS/MOCK INTERVIEWERS. A MYRIAD OF SERVICES WERE PROVIDED INCLUDING FINANCIAL AND MANAGEMENT OVERSIGHT, STRATEGIC PLANNING, TRAINING AND FUNDRAISING. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS DISSEMINATED TO VARIOUS BOARD MEMBERS BEFORE IT IS FILED. BOARD MEMBERS HAVE THE OPPORTUNITY TO REVIEW THE FORM, ASK QUESTIONS AND RECOMMEND CHANGES AS APPROPRIATE. FORM 990, PAGE 6, PART VI, LINE 12C WHEN A NEW BOARD MEMBER IS RECRUITED AND VOTED IN, WE PRESENT THEM WITH THE CONFLICT OF INTEREST POLICY AND ASK THEM TO REVIEW AND SIGN. AT LEAST ANNUALLY, IT IS DISCUSSED WITH ALL BOARD MEMBERS WHO ARE REQUIRED TO NOTIFY THE ORGANIZATION OF ANY CHANGES. FORM 990, PAGE 6, PART VI, LINE 15A A SUBCOMMITTEE OF THE BOARD WAS ESTABLISHED TO REVIEW CEO COMPENSATION WITH THE OBJECTIVE OF DETERMINING, ALIGNING WITH BUDGET AND SUBMITTING CEO COMPENSATION FRAMEWORK TO THE FULL BOARD FOR REVIEW AND APPROVAL. THE PROCESS INCLUDES WORKING WITH A HUMAN RESOURCES CONSULTANT TO ASSESS THE CURRENT STATE OF NONPROFIT CEO COMPENSATION REGIONALLY INCLUDING REVIEW OF AVAILABLE MARKET DATA AND IRS REASONABLE NOT EXCESSIVE COMPENSATION PACKAGE, CONSIDERATION OF INTERIM PERFORMANCE METRICS, CONSIDERATION OF RESEARCH/RECOMMENDATIONS REGARDING NONPROFIT EXCECUTIVE COMPENSATION, DETERMINATION OF BASIC CEO COMPENSATION FRAMEWORK/PHILOSOPHY AND DEVELOPMENT OF CURRENT YEAR CEO COMPENSATION RECOMMENDATION FOR BUDGET AND BOARD OF DIRECTOR SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON THE MA SECRETARY OF STATE'S WEBSITE. THE FINANCIAL STATEMENTS AND A COPY OF THE FORM 990 ARE AVAILABLE TO THE PUBLIC ON THE MA ATTORNEY GENERAL'S WEBSITE WITH THE FORM PC FILING