PLATINUM2023

Tech For Troops

Recycle Your Tech. Renew A Veteran's Life.

aka T4T   |   Richmond, VA   |  www.techfortroops.org
GuideStar Charity Check

Tech For Troops

EIN: 47-1465185


Mission

Tech For Troops is dedicated to empowering veterans with computers, skills, and Information Technology (IT) work force training. T4T gifts refurbished computers to veterans, enabling them to connect with employers and develop essential computer skills. We hire veterans and provide technical training, keep usable computers out of the landfill, and recycle electronics in an environmentally sustainable way.

Ruling year info

2014

President / CEO

Mr. Mark Casper

Main address

4840 Waller Road

Richmond, VA 23230 USA

Show more contact info

EIN

47-1465185

Subject area info

Education

Recycling

Special population support

Population served info

Families

Homeless people

Military personnel

Veterans

NTEE code info

Military/Veterans' Organizations (W30)

Recycling (C27)

Alliance/Advocacy Organizations (B01)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Many Veterans need help with using a computer, resume creation, interview skills and training on other “soft” skills. There is an often-difficult mindset shift that needs to happen when Veterans transition from active duty to civilian. This mindset shift includes critical thinking, communication, and negotiation. With this program, we support the Veteran so they can upskill and transition away from poverty or homelessness. The Veteran or active duty member who comes through our program knows they have a compassionate resource and community that is there to give them a helping hand. Since the start of T4T, we have helped over 2,000+ Veterans to Bridge the Digital Divide.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Computers for Vets

T4T receives new/used computers and related computer equipment, refurbishes them and donates them to veterans in need. Usable equipment that doesn't meet our standards for donation is responsibly recycled or sold for reuse.

Population(s) Served
Veterans
Families

T4T provides classroom training for Homeless and Impoverished Veterans, giving them the job skills and connections they'll need to apply for and secure jobs. There is no charge to veterans for training.

Population(s) Served
Veterans
Homeless people

T4T responsibly recycles or upcycles computer scrap, keeping potential pollutants out of landfills. We work with R2 and e-Steward certified recyclers.

Population(s) Served
Veterans

T4T provides hands on and classroom training for Veterans, giving them the job skills and connections they'll need to apply for and secure jobs in the IT sector. All veterans in this program are paid while they work.

Population(s) Served
Veterans
Families

Where we work

Awards

CCTC Cisco Networking Academy MVP Award 2017

Cisco Networking Academy

V3 Impact Award 2021

Virginia Values Veterans

Military Family Friendly Employer 2020

Veteran Hero Awards

Innovation in Community 2018

Richmond Technology Council

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of veterans becoming computer literate

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Ethnic and racial groups, Economically disadvantaged people, Military personnel, Veterans

Related Program

Computers for Vets

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

2022 was growth that achieved a milestone - over 700 Veterans were supported. The ability, support and mission driven educational opportunities for the Veterans created a ground swell of success.

Total weight of materials recycled

This metric is no longer tracked.
Totals By Year
Related Program

Recycling

Type of Metric

Context - describing the issue we work on

Direction of Success

Increasing

Context Notes

T4T accepts most electronics for free and charges a minimal amount for CRTs, TVs, printers and copiers. In doing so we commit to a brighter future or our children and future generations.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Tech For Troops (T4T) is dedicated to empowering Veterans with computers, skills, and Information Technology (IT) workforce training.
Computers - our goal for 20221-2023, is to provide 750 or more refurbished computers to impoverished, unemployed, underemployed, or homeless Veterans and transitioning active duty military personnel and their families across the USA.
Education - our goal is provide Veterans with free in person and free online Computer Literacy Training and increase educational opportunities in person by opening additional locations in multiple states.
Recycling - our goal is to recycle 100 tons of e-waste per year. Since 2014, using a R2 Certified Recycler, T4T has responsibly recycled almost 600 TONS. Responsibly recycling continues the circular economy - create, use, recycle, create, reuse - self perpetuating cycle of recycling - which reduces carbon output from manufacturing.
Hiring Veterans - our goal is hire 3 cohorts of Veterans to learn IT skills (wiping HDs, Computer refurbishing, Logistics and Customer Service. Each cohort will have 3-4 Veterans who will be hired for 4-6 months, providing much needed IT and life training.

T4T's strategy to achieve our goals is to hire Veterans and civilians who have a heart for the Veteran Community and the environment.
750+ Computers - We will achieve this goal by outreach to Military bases, American Legion/VFW and Disabled American Veteran posts. We will also promote our goals through social media.
Education - our goal is provide Veterans with free in person and free online Computer Literacy Training and increase educational opportunities in person by opening additional locations in multiple states.
Recycling - We can achieve this by partnering with corporations and smaller businesses to remove their used equipment and guaranteeing Data Security (using Wipe Drive -HIPPA, NIST, DoD and NSA certified) and providing a Certificate of Destruction.
Hiring Veterans - our goal is hire 3 cohorts of Veterans per year (every 4 months) to learn IT skills from wiping HDs, Computer refurbishing, Logistics and Customer Service. Each cohort will have 3-4 Veterans who will be hired for 4-6 months, providing much needed IT and life training.

T4T has the needed infrastructure of employees (people) who are dedicated to our Mission and always go above and beyond for our Veterans in need. We also have the warehouse space (7,000 sq ft) to ensure that our work is completed by OSHA standards.
Our Educational teacher (a Veteran) invites in need Veterans to our training room to teach additional computer skills so that Vet can use their computer competently. Our training room seats 24 comfortably and has 3 desks that rise and lower if a wheel chair bound Veteran is in class.
T4T has MOU agreements with two different recyclers to responsibly recycle all e-waste that we receive. This means that equipment will not be shipped to China or other countries that do not treat our earth like we do.
T4T has the ability to hire Veterans on a sort term basis and then help the Veteran apply for jobs. We have relationships with small, medium and large companies who are looking to hire Veterans.

Our Board and CEO have a specific methodology which entails travel to locations for expansion, eventually hiring a fractional CMO and COO and in discussions with the existing building owner to expand our foot print. All of our internal processes have been mapped out and written down for new employees to read and understand.

Financials

Tech For Troops
Fiscal year: Jan 01 - Dec 31
Financial documents
2021 2021 Audited Financial 2020 2020 Audit 2019 Mark Casper 2018 Mark Casper
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

1.46

Average of 36.69 over 8 years

Months of cash in 2022 info

SOURCE: IRS Form 990

2

Average of 3.2 over 8 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

8%

Average of 18% over 8 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Tech For Troops

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Tech For Troops

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Tech For Troops

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Tech For Troops’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$119,244 $51,877 $140,493 -$126,450 -$106,874
As % of expenses -35.4% 13.5% 16.0% -22.9% -15.6%
Unrestricted surplus (deficit) after depreciation -$126,116 $41,331 $132,883 -$137,873 -$119,492
As % of expenses -36.7% 10.4% 15.0% -24.5% -17.1%
Revenue composition info
Total revenue (unrestricted & restricted) $215,860 $441,087 $1,019,455 $496,990 $579,196
Total revenue, % change over prior year -69.7% 104.3% 131.1% -51.2% 16.5%
Program services revenue 15.0% 31.6% 14.6% 0.0% 65.7%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 68.4% 0.0% 0.0% 0.0%
All other grants and contributions 85.0% 0.0% 81.5% 100.0% 34.3%
Other revenue 0.0% 0.0% 3.9% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $336,507 $385,195 $878,963 $552,140 $686,069
Total expenses, % change over prior year -33.6% 14.5% 128.2% -37.2% 24.3%
Personnel 32.1% 43.3% 22.8% 50.8% 57.2%
Professional fees 2.0% 4.2% 0.9% 1.8% 2.3%
Occupancy 0.0% 16.5% 8.8% 15.4% 7.8%
Interest 0.3% 0.1% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 65.7% 35.8% 67.4% 32.0% 32.6%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $343,379 $395,741 $886,573 $563,563 $698,687
One month of savings $28,042 $32,100 $73,247 $46,012 $57,172
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $25,119 $0 $0 $0 $16,321
Total full costs (estimated) $396,540 $427,841 $959,820 $609,575 $772,180

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 2.4 3.2 3.4 4.0 2.0
Months of cash and investments 2.4 3.2 3.4 4.0 2.0
Months of estimated liquid unrestricted net assets 5.4 6.2 6.3 7.4 3.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $67,914 $101,239 $246,735 $184,515 $111,750
Investments $0 $0 $0 $0 $0
Receivables $2,703 $14,257 $7,359 $30,205 $34,352
Gross land, buildings, equipment (LBE) $38,888 $45,313 $69,513 $69,513 $85,834
Accumulated depreciation (as a % of LBE) 30.9% 59.1% 46.8% 70.5% 71.8%
Liabilities (as a % of assets) 2.8% 1.6% 1.0% 2.7% 29.4%
Unrestricted net assets $178,522 $216,365 $497,995 $360,122 $240,630
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $178,522 $216,365 $497,995 $360,122 $240,630

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President / CEO

Mr. Mark Casper

Mark Casper is the Tech For Troops Leader and a United States Marine Corps Veteran. With more than 17 years of experience spearheading multi-million dollar initiatives, managing technical teams, and building strong relationships, Mark's career has included management positions at Capital One and Northrop Grumman. In addition to holding a B.S. in Marketing from Virginia Commonwealth University and a Masters Certificate in Project Management from George Washington University, Mark is ITIL certified and a certified Scrum Master. He was a Board member of Liberation Family Services and a volunteer at Lonesome Dove Equestrian Center, an organization that provides year-round therapeutic horseback riding exclusively for veterans with special needs and disabilities.

Number of employees

Source: IRS Form 990

Tech For Troops

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Tech For Troops

Board of directors
as of 03/29/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Jeff Vittone

Winvale

Term: 2020 - 2022

Tony Neinaber

Vikoa Networx

Viki Armentrout

Va Power

Jeff Vittone

Winvale

Mark Casper

Tech For Troops

Jeff Beaudoin

DCMA

Caroline Peters

Carmax

Glenn Schmidt

Virginia Dept of Behavioral Health

David Harris

Southeast Industrial Equipment

Jacob Hollingsworth

Journey Business Solutions

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 3/29/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Decline to state
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability