EIN 46-1691722

FortyX80

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2012
Most recent tax filings
2022-08-01
Description
To catapult the growth of entrepreneurs across southwestern Pennsylvania (swpa). This is accomplished by strengthening the region's entrepreneurial framework through increased access to capital, educational programming, and promoting swpa globally as a premier location for start-ups, talent, and technology. Support programs for educational institutions and workforce development groups to assist their implementation of stem training. Support programs providing technical educational assistance to aspiring entrepreneurs.
Related structure
FortyX80 is a subordinate organization under Pittsburgh Technology Council.
Also known as...
PTC Techcelerate
Total revenues
$557,383
2022
Total expenses
$533,854
2022
Total assets
$442,878
2022
Num. employees
0
2022

Program areas at FortyX80

An it apprenticeship program that is designed to eliminate the barriers commonly faced by tech interested individuals from underrepresented groups as well as give employers access to a wider, more diverse talent base.
Support education and training at secondary, vocational and higher education institutions, and by providing technical assistance and education services to potential and early stage entrepreneurs.

Who funds FortyX80

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$31,500
National Center for Women and Information TechnologyTuition/scholarship Fund$13,750
AmazonSmile FoundationGeneral Support$30

Personnel at FortyX80

NameTitleCompensation
Audrey RussoPresident and Chief Executive Officer$0
Albert GuskyDirector of Finance$0
Maria FattoreDirector of Growth Capital Unt$63,650
John FrielBoard Chairman$0
Ketaki DesaiDir of Growth Capital$0
...and 1 more key personnel

Financials for FortyX80

RevenuesFYE 08/2022
Total grants, contributions, etc.$550,788
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$6,595
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$557,383

Form 990s for FortyX80

Fiscal year endingDate received by IRSFormPDF link
2022-082023-02-02990View PDF
2021-082022-03-04990View PDF
2020-082021-07-07990View PDF
2019-082020-12-11990View PDF
2018-082019-08-17990View PDF
...and 3 more Form 990s

Organizations like FortyX80

OrganizationLocationRevenue
Prospera Georgia LLCOrlando, FL$237,902
Colorado ThrivesDenver, CO$355,000
Central Louisiana Urban Businesses-CaresAlexandria, LA$180,847
Amplify LouisvilleLouisville, KY$1,070,689
Endeavor MiamiMiami, FL$1,431,411
Endeavor ColoradoDenver, CO$556,999
Women's Enterprise Development CenterNorth White Plains, NY$1,781,258
Endeavor DetroitDetroit, MI$1,285,918
StartUP ColumbusColumbus, GA$210,133
DivIncAustin, TX$2,296,391
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Received grants
Identified 2 new grant, including a grant for $15,000 from Solomon Mendel and Sylvia Charitable Trust
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Updated personnel
Identified 2 new personnel
May 23, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Richard King Mellon Foundation
Nonprofit Types
Employment organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationEconomic developmentBusiness and industry
Characteristics
Fundraising eventsState / local levelGala fundraisersTax deductible donationsNo full-time employees
General information
Address
100 S Commons Suite 172
Pittsburgh, PA 15212
Metro area
Pittsburgh, PA
County
Allegheny County, PA
Website URL
fortyx80.org/ 
Phone
(412) 687-2700
IRS details
EIN
46-1691722
Fiscal year end
August
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Subordinate organization
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