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Nonprofit · EIN 88-2116913

TECHNOLOGY MATTERS

Also known as TECH MATTERS

Tax-exempt · PALO ALTO, CA 94306

Financials

$5.3M$3.9M2023$4.2M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of TECHNOLOGY MATTERS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,193,112$3,856,841$336,271$2,002,120$228,658$1,773,462
December 31, 2023990$5,347,182$3,909,991$1,437,191$1,765,873$328,682$1,437,191
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,282,669
of which government grants
$352,735
Program service revenue
$877,886
Investment income
$37,439
Other revenue
-$4,882

Expenses

Grants and similar amounts paid
$7,500
Compensation of officers, directors and key employees
$556,202
Other salaries and wages
$1,650,473
Salaries, compensation and benefits (total)
$2,571,282
Professional fundraising fees
$0
Legal fees
$5,044
Accounting fees
$62,974
Occupancy
$1,014
Travel
$48,800
Program services (functional)
$3,161,648
Management and general (functional)
$694,808
Fundraising (functional)
$385

Balance sheet and other

Total assets, start of year
$1,765,873
Total assets, end of year
$2,002,120
Total liabilities, end of year
$228,658
Net assets, end of year
$1,773,462
Net assets without donor restrictions
$353,386
Net assets with donor restrictions
$1,420,076
Gross receipts
$4,193,112
Employees
21
Volunteers
16
Year formed
2022
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NICHOLAS HURLBURTEXECUTIVE DIRECTOR, ASELO
Key employee
40$180,195$35,255
PAUL SCHREIBERDIRECTOR OF ENGINEERING
Highest-paid employee
40$162,112$18,777
JAMES R FRUCHTERMANCEO
Trustee or director, Officer
40$145,817$31,465
DEE LUODIRECTOR OF PRODUCT & BIZ OPS
Highest-paid employee
40$147,756$17,932
AARON FIRESTONECFO - START 4/2024
Officer
40$115,384$31,919
COURTNEY TIBERIOSENIOR UX DESIGNER
Highest-paid employee
40$112,419$15,614
ANNALISE IRBYPRODUCT MANAGER
Highest-paid employee
40$110,634$15,859
DEREK CAELINPRODUCT MANAGER
Highest-paid employee
40$118,766$5,608
JOAN MELLEACFO - LEFT 4/2024
Officer
30$2,670$13,497
NITHYA RAMANATHANDIRECTOR
Trustee or director
1$0$0
BRIGITTE HOYER GOSSELINKDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
JAMES R FRUCHTERMANCEO
Trustee or director, Officer
40$244,635$49,559
NICHOLAS HURLBURTDIRECTOR OF ENGINEERING
Key employee
40$173,469$31,952
PAUL SCHREIBERDIRECTOR OF ENGINEERING
Key employee
40$165,840$29,465
DEE LUODIR. OF PRODUCT AND BUSINESS OPS.
Highest-paid employee
40$145,545$28,101
HANA LEEPRINCIPAL UX DESIGNER
Highest-paid employee
40$129,948$27,323
ROBERT DAVISSOFTWARE ENGINEER
Highest-paid employee
40$122,917$25,008
STEPHEN FRANCISPROJECT DIRECTOR
Highest-paid employee
30$103,969$38,054
DEREK CAELINPRODUCT MANAGER
Highest-paid employee
40$126,512$14,240
JOAN MELLEACFO
Officer
30$95,250$42,916
NITHYA RAMANATHANDIRECTOR
Trustee or director
1$0$0
BRIGITTE HOYER GOSSELINKDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3790 EL CAMINO REAL 625, PALO ALTO, CA 94306-3314
In care of
% BENEFICENT TECHNOLOGY INC
Mailing address (990-N for 2022)
3790 EL CAMINO REAL SUITE 625, PALO ALTO CA 94306
Principal officer (990 for 2024)
JAMES R FRUCHTERMAN, 3790 EL CAMINO REAL 625, PALO ALTO, CA 94306
Principal officer (990-N for 2022)
JIM FRUCHTERMAN, 3790 EL CAMINO REAL SUITE 625, PALO ALTO CA 94306
Signed the 990
JAMES R FRUCHTERMAN, FOUNDER AND CEO
Phone
(650) 206-9211
Return prepared by
LINDQUIST VON HUSEN & JOYCE LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 88-2116913 or by the name TECHNOLOGY MATTERS.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO CREATE TECHNOLOGY TO HELP HUNDREDS OF SOCIAL SECTOR ORGANIZATIONS SOLVE A COMMON SOCIAL PROBLEM.

990 for the year ended December 31, 2024

Program accomplishments

  • ASELO:ASELO IS TECH MATTERS' PROGRAM TO SERVE THE CRISIS RESPONSE HELPLINE FIELD. ASELO IS AN OPEN SOURCE CLOUD-BASED CONTACT CENTER PLATFORM DESIGNED TO MAKE IT POSSIBLE FOR HELPLINES TO RESPOND TO PEOPLE (ESPECIALLY CHILDREN) IN NEED VIA PHONE, SMS, WEBCHAT, WHATSAPP, AND OTHER SOCIAL MEDIA CHANNELS. OUR GOAL IS TO ASSIST THE STAFF AT HELPLINES TO HELP MANY MORE PEOPLE, AND HELP THEM BETTER, THANKS TO IMPROVED TECHNOLOGY TOOLS. BY THE END OF 2024, ASELO WAS LIVE IN 18 COUNTRIES AND HELPLINES USING ASELO HAD ASSISTED MORE THAN 500,000 CHILDREN. IN 2024, ASELO'S GLOBAL FOOTPRINT EXPANDED WITH A US DOMESTIC PROGRAM IN LOS ANGELES, CALIFORNIA, AS WELL AS LAUNCHES IN NEW ZEALAND AND SINGAPORE.
    Expenses $1,668,950 · grants $7,500 · revenue $745,060
  • TERRASO:THE TERRASO OPEN SOURCE SOFTWARE PROJECT CONTINUED ACTIVE DEVELOPMENT WITH A TEAM WHICH INCLUDED PROFESSIONAL SOFTWARE DEVELOPERS, A UX DESIGNER, AND A PRODUCT MANAGER. TERRASO PRIORITIES RELY ON FEEDBACK FROM LOCAL LEADERS ON THE FRONT LINES OF CLIMATE CHANGE, STRIVING TO BUILD MORE REGENERATIVE LOCAL ECONOMIES. TERRASO TOOLS SUPPORT DATA COLLECTION, INCLUDING A SPECIALIZED SOIL IDENTIFICATION APP, MAPPING, AND VISUALIZATION, AND TELLING PLACE-BASED STORIES. BY THE END OF THE YEAR, TERRASO HAD OVER 800 USERS BASED IN MORE THAN 85 LOCALITIES (LANDSCAPES).
    Expenses $1,180,122 · revenue $127,259
  • FIELD BUILDING:TECH MATTERS PROVIDES A RANGE OF RESOURCES TO SUPPORT THE WIDER APPLICATION OF TECHNOLOGY TO THE SOCIAL IMPACT FIELD BROADLY. THIS INCLUDES OUR NO-CHARGE BRIEF CONSULTATIONS WITH NONPROFIT LEADERS, REGULAR TALKS AND ARTICLES ON TECH FOR GOOD, AND A PODCAST SERIES FEATURING THE LEADERS OF TECHNOLOGY NONPROFITS. DURING 2024, WE WORKED ON "TECHNOLOGY FOR GOOD," THE FIRST BOOK ON HOW TO START NONPROFIT TECH ENTERPRISES, WITH A PLANNED PUBLICATION DATE IN 2025. WE ARE ALSO ACTIVELY WORKING ON AN INITIATIVE CALLED THE "BETTER DEAL FOR DATA," A LIGHTWEIGHT APPROACH TO RESPONSIBLE DATA USE IN THE SOCIAL SECTOR, MODELED AFTER THE OPEN SOURCE AND CREATIVE COMMONS MOVEMENTS, WHICH INCLUDED USER RESEARCH AND THE PUBLICATION OF RESEARCH PAPERS ON THE TOPIC OF DATA GOVERNANCE.
    Expenses $312,576 · revenue $5,567

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-2116913
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,002,120
Income (IRS master file)
$4,193,112

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,193,112$3,856,841$2,002,120XML
990December 2023$5,347,182$3,909,991$1,765,873XML
990-N for 2022
Officer: JIM FRUCHTERMAN
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-2116913).

Questions about TECHNOLOGY MATTERS

What is the EIN of TECHNOLOGY MATTERS?
The employer identification number (EIN) of TECHNOLOGY MATTERS is 88-2116913.
Is TECHNOLOGY MATTERS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to TECHNOLOGY MATTERS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TECHNOLOGY MATTERS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TECHNOLOGY MATTERS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TECHNOLOGY MATTERS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TECHNOLOGY MATTERS?
The 990 for the year ended December 31, 2024 names JAMES R FRUCHTERMAN.
Who are the officers and directors of TECHNOLOGY MATTERS?
The 990 for the year ended December 31, 2024 lists 11 people; 9 received compensation from the organization, the highest $180,195 (NICHOLAS HURLBURT, EXECUTIVE DIRECTOR, ASELO).
How much revenue does TECHNOLOGY MATTERS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,193,112, expenses of $3,856,841 and total assets of $2,002,120 at year end.

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