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.
Key facts about Technology Advancement Center Inc
- EIN
- 82-5030336
- Latest 990 filing
- Form 990 filing, 2024
- Total assets
- $14,184,424
Data from IRS Form 990 filing, 2024; updated September 2026.
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Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$14.2M
-52.5% YoY
Revenue
$12.0M
-76.1% YoY
Net Investment Income
$-364,404
-239839.5% YoY
Expenses
$22.7M
-43.2% YoY
About Technology Advancement Center Inc
Based on IRS filings
Technology Advancement Center Inc is a nonprofit organization focused on Education, based in Columbia, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.2M in total assets.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,184,424 | $29,890,688 | $18,689,580 |
| Revenue | $11,989,427 | $50,160,437 | $37,591,709 |
| Expenses | $22,666,957 | $39,889,815 | $35,759,279 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-364,404 | $152 | $976 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Technology Advancement Center Inc is led by Chris Hollifield, CEO & Director on the 2024 filing; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Chris Hollifield
CEO & Director
New on the 2024 filing
1 hr/week
No compensation reported
Tom Sadowski
Board Member
Director → Board Member, 2023
On filings since 2020
1 hr/week
$46K (2021) → $0 (2024)
David Tohn
Board Member
On filings since 2023
1 hr/week
No compensation reported
Jennifer Bodensiek
Board Member
On filings since 2023
1 hr/week
No compensation reported
Linda Singh
Board Member
On filings since 2023
1 hr/week
No compensation reported
Former officers (8)
- Former: Armando Seay (2020–2022) — Director
- Former: James Tittle (2020–2022) — Principal Scientist & Former Key
- Former: Karl Gumtow (2020–2022) — Director & CEO
- Former: Steve Hutchinson (2020–2022) — Principal Engineer
- Former: Karissa Kelly-Seckman (2021–2022) — Dreamport Director
- Former: Thomas Christopher Tc Hoot (2021–2022) — Facilities Director
- Former: Tina Bohse (2022) — Mindscape Director
- Former: Adele Merritt (2020–2021) — Program Director & Former Key
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Technology Advancement Center Inc?
Technology Advancement Center Inc is a nonprofit organization focused on Education, based in Columbia, MD. It holds $14.2M in total assets as of 2024.
How large is Technology Advancement Center Inc?
As of 2024, Technology Advancement Center Inc holds $14.2M in total assets with $12.0M in annual revenue.
Where does Technology Advancement Center Inc operate?
Technology Advancement Center Inc has awarded grants in California, District of Columbia, Maryland, Virginia.
What is Technology Advancement Center Inc's EIN?
Technology Advancement Center Inc's EIN (Employer Identification Number) is 82-5030336. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990 filings.