NonprofitsFortworth Medtech Center Inc

Community Improvement & Capacity Building

Fortworth Medtech Center Inc

FORT WORTH, TX

Total revenue

$599K

Total expenses

$1.1M

Net assets

$1.5M

Grants received

$15K

1 grants

EIN

752775052

Tax year

2024

Mission

TechFW promotes local economic development and furthers social welfare in the community known as the Southside Medical District in Fort Worth, TX, by operating a small business incubator that will provide small, start-up businesses with operating space and management counseling and support, at below market rates. This small business incubator will primarily target medical and technology oriented start-up business for the purposes of economic and employment growth opportunities.

Programs

2 programs

FOR INVESTORS: TechFW?s Cowtown Angels program connects accredited investors with technology startups, providing entrepreneurs nationwide access to local funding. Since its launch in September 2012, members pay an annual fee to attend monthly forums and participate in pitch meetings where TechFW offers coaching, feedback, and pitch preparation. Cowtown Angels comprises retired professionals, serial entrepreneurs, and professional investors?including family offices and private equity firms?and is proud to be a member of the Angel Capital Association.

Expenses: $174K

OUTREACH TO THE COMMUNITY: TechFW sits at the heart of Fort Worth?s innovation ecosystem?fielding community inquiries, connecting startups with partners, and serving on cross-industry committees. We publish newsletters, host regular and specialty events for entrepreneurs, and collaborate with universities, corporations, and support organizations to drive local growth.

Expenses: $168K

Financials

FY 2024

Revenue

Contributions & grants$139K
Program service revenue$451K
Investment income$9K
Other revenue
Total revenue$599K

Expenses

Grants paid$1K
Salaries & benefits$458K
Fundraising$45K
Other expenses$635K
Total expenses$1.1M
Total assets$1.5M
Net assets$1.5M

People

13 listed

NameRoleCompensation

Ryan Brown

CEO

Board

$130K

40 hrs/wk

Hayden Blackburn

COO

Board

$85K

40 hrs/wk

Melissa Acosta

Director

Board

1 hrs/wk

Laura Baldwin

Secretary

Board

1 hrs/wk

Alem Boukadoum

Treasurer

Board

1 hrs/wk

Stella Robertson

Director

Board

1 hrs/wk

Elyse Dickerson

Director

Board

1 hrs/wk

Brent Sorrells

Chairman

Board

1 hrs/wk

Manan Atit

Director

Board

1 hrs/wk

Rodney D'Souza

Director

Board

1 hrs/wk

Rita Patterson

Director

Board

1 hrs/wk

Sarah Webb

Director

Board

1 hrs/wk

Caitlin McMinn started 52025

Director

Board

0

Grants received

Showing 1 of 1

FromAmountPurposeYear
$15K
TO PROVIDE GENERAL OPERATING SUPPORT
2020

Funded by

$15K from 1 funder · 1 grant · 2020

Texas Women's Foundation

$15K · 1 grant · 2020

Details

EIN752775052
NTEE codeS40
Subsection03
Ruling date2001-07
Formed1998
Employees8
Volunteers36
FORTWORTH MEDTECH CENTER INC — Mission, Financials & Grants Received | Grantivo