Public Charity

Technology Advancement Center Inc

Technology Advancement Center Inc is a Public Charity headquartered in Columbia, MD. Financial data from the 2024 filing: $12.0M revenue, $22.7M expenses, $14.2M total assets. IRS filings disclose 4 grants awarded by this foundation, totaling roughly $62K.

EIN: 825030336 Columbia, MD Education N.E.C. NTEE: B99 Latest filing: 2024
Total Revenue$12.0M
Total Expenses$22.7M
Total Assets$14.2M
Grants Given4
Grant Total$62K
Filing Years2020–2024

Mission

The Technology Advancement Center, Inc. is a 501(c)(4) not for profit dedicated to the study, test, evaluation, rapid prototyping, and community of interest outreach to industry, academia, k12, and state and local and federal government. Our work accelerates the confidence needed to make investments in cybersecurity solutions, companies and helps organizations discover cybersecurity and related technologies that align with current and future requirements.

Where $100 goes at Technology Advancement Center Inc

How Technology Advancement Center Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$83 Programs the work itself
$17 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $83 for programs

$83
The Technology Advancement Center, Inc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

GRAPHISTRY INC
SAN FRANCISCO, CA · 2022
ACHIEVEMENT AWARD - BEST IN CLASS FOR "SEEING THE FOREST FOR THE TREES" CHALLENGE
$25,000
BIGBEARAI
COLUMBIA, MD · 2022
ACHIEVEMENT AWARD - RPE-018 TOP PERFORMER
$12,500
TECHNICA CORPORATION
STERLING, VA · 2022
ACHIEVEMENT AWARD - RPE-017 TOP PERFORMER
$12,500
BOOZ ALLEN HAMILTON INC
WASHINGTON, DC · 2022
ACHIEVEMENT AWARD - RPE-019 TOP PERFORMER
$12,500

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

CEO/Director Chris Hollifield
Board Member David Tohn
Board Member Jennifer Bodensiek
Board Member Linda Singh
Board Member Tom Sadowski

Officer compensation and complete director data available with membership.

Top Grant Purposes

Environment & Conservation
$25,000 1 grant
Unspecified
$37,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $12.0M $22.7M $14.2M
2023 $50.2M $39.9M $29.9M
2022 $37.6M $35.8M $18.7M
2020 $21.7M $18.9M $6.9M

Between 2020 and 2024, reported annual revenue declined from $21.7M to $12.0M (-45%), with total assets most recently reported at $14.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, DC, MD, VA.

CADCMDVA

Full geographic grant map with state-by-state breakdown available with membership.

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