nonprofit logo

Fortyx80 Inc

Fka Ptc Techcelerate Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461691722 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

Overview

What is Fortyx80 Inc?

Fortyx80 Inc is a nonprofit organization situated in Pittsburgh, Pennsylvania, specifically at 100 S COMMONS SUITE 172. Their primary mission is to foster the growth of entrepreneurs in southwestern Pennsylvania (SWPA). They achieve this by enhancing the regional entrepreneurial ecosystem by increasing access to capital, providing educational programs, and promoting SWPA as a leading destination for start-ups, talent, and technology. Fortyx80 Inc also focuses on eliminating barriers commonly encountered by tech-interested individuals from underrepresented groups, aiming to offer employers a wider, more diverse talent pool. In summary, Fortyx80 Inc plays a significant role in empowering entrepreneurs and promoting SWPA as a thriving tech hub.


Official website here: www.fortyx80.org

Is Fortyx80 Inc legitimate?

Fortyx80 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fortyx80 Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $93,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,492

For more financial information, click here


Official website here: www.fortyx80.org

What is the mission statement of Fortyx80 Inc?

Fortyx80 Inc's mission is centered around boosting entrepreneurial growth. They achieve this by enhancing the entrepreneurial infrastructure in various ways. This includes expanding access to capital, providing educational programming, and promoting the region as an attractive hub for start-ups, talent, and technology. The organization's activities also extend to eliminating barriers faced by underrepresented tech individuals and offering employers a diverse talent pool through an IT apprenticeship program.


Official website here: www.fortyx80.org

Who is the CEO of Fortyx80 Inc?

Audrey Russo is the Board Chairman of Fortyx80 Inc. The CEO's salary of Fortyx80 Inc is $0 and their total compensation is $389,602.


Official website here: www.fortyx80.org

What is the revenue of Fortyx80 Inc?

Fortyx80 Inc's revenue in 2023 was $774,450.


Official website here: www.fortyx80.org

Who are the executives of Fortyx80 Inc and what are their salaries?

Here are 7 key members and their salaries (Fortyx80 Inc's CEO's salary is $0 and their total compensation is $389,602):

    Audrey Russo (President & Ceo)
  • Compensation: $0
  • Related: $366,598
  • Other: $23,004

    • Albert Gusky (Director Of Finance)
  • Compensation: $0
  • Related: $178,022
  • Other: $21,741

    • Maria Fattore (Dir. Of Growth Capital Unt)
  • Compensation: $91,410
  • Related: $0
  • Other: $4,885

    • John Friel (Board Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Kurtzrock (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Missy Paxton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francois Estellon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fortyx80.org

    Where can I find the form 990 for Fortyx80 Inc?

    The Fortyx80 Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.fortyx80.org

    Learn more at the official website: www.fortyx80.org

    Mission Statement of Fortyx80 Inc

    Fortyx80 Inc, a nonprofit organization, is committed to fostering the growth of entrepreneurs in southwestern Pennsylvania. This is achieved by enhancing the region's entrepreneurial ecosystem through increased access to capital, educational programming, and promoting southwestern Pennsylvania as a premier location for start-ups, talent, and technology. By addressing these key areas, Fortyx80 Inc aims to empower entrepreneurs, breaking down barriers and providing opportunities for individuals from underrepresented groups in the tech sector. Additionally, the organization runs an apprenticeship program specifically designed for tech-interested individuals from underrepresented backgrounds. This initiative not only eliminates common barriers faced by these individuals but also offers employers access to a wider, more diverse talent pool.

    Impact

    This information is meant to be a general summary of Fortyx80 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Fortyx80 Inc's impact lies in catapulting the growth of entrepreneurs across Southwestern Pennsylvania. By offering an IT apprenticeship program that eliminates barriers commonly faced by tech-interested individuals from underrepresented groups, they are able to provide employers with access to a wider, more diverse talent base. Through their efforts, Fortyx80 Inc is strengthening the region's entrepreneurial framework by increasing access to capital, providing educational programming, and promoting Southwestern Pennsylvania globally as a premier location for startups, talent, and technology. Their focus on community improvement is evident in their mission to support and empower entrepreneurs in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $774,450

    • Assets and Liabilities:
  • Total Assets: $487,498
  • Total Liabilities: $109,754
  • Net Assets: $377,744
  • Organization Details

    Founding Year

    2012

    Principal Officer

    Audrey Russo

    Main Address

    100 S COMMONS SUITE 172, PITTSBURGH, PA, 15212

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Fortyx80 Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.