ARIZONA TECHNOLOGY COUNCIL FOUNDATION
Mission Statement
SciTech Institute, a collaborative initiative of the Arizona Technology Council and Arizona Commerce Authority, is a nonprofit dedicated to supporting and strengthening science, technology, engineering, and mathematics (STEM) by enhancing and promoting awareness and engagement in Arizona and beyond. The Institute connects the STEM community and inspires individuals to engage in and pursue STEM-related educational and career pathways. Strong connections with civic and community organizations, business and industry, and pre-K-20 educational institutions, among others, allow SciTech Institute to serve as the catalyst for building world-class STEM education and workforce pathways. PURPOSE: Put STEM within reach of every human being MISSION: Connecting business, industry, civic, and community leaders to transform lives by providing access to the world of possibilities in STEM VISION: Foster powerful and enduring networks of nonprofits, industry, academia, civic organizations, and the public to put STEM within the reach of every human being in Arizona and beyond to create a more prosperous, equitable world for all.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.5% | 84.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.5% | 12.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.1% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.4 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
42.8% | 21.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.7% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
1017.5% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-2.4% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.0% | 3.0% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Trained as STEM ambassadors | 1,338 | $1,300.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $2.6M | $2.4M | $896K | 82.5% | 29 |
| 2024 | $234K | $2.5M | N/A | — | 24 |
| 2023 | $1.8M | $1.6M | $866K | 69.6% | 37 |
| 2022 | $1.2M | $1.2M | $671K | 68.3% | 0 |
| 2021 | $1.1M | $912K | N/A | — | 0 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.