NPower 2018 Annual Report

2018

ANNUAL REPORT

OUR MISSION

NPower creates pathways to economic prosperity by launching digital careers for military veterans and young adults from underserved communities.

In today’s economy, over 50% of all jobs require some degree of technology and digital skill, and this is expected to grow to 77% by 2020 in the U.S. Yet the job market is not keeping pace. Of the nearly 6 million jobs expected to require tech skills in the future, labor statistics project a candidate pool of only 3.2 million.

NPower currently operates in New York, Texas, California, Maryland, Toronto, New Jersey and Missouri.

OUR VISION

2018 ANNUAL REPORT

NPower envisions a future where our domestic technology workforce is diverse, and clear pathways exist for all people regardless of ethnicity, gender, or socio-economic background to succeed in our digital economy.

ii

OUR VALUES We work together to transform lives and strengthen communities

COMMITMENT

We are dedicated to the success of our students, team and stakeholders

INTEGRITY

We are transparent, honest and ethical in all interactions

DIVERSITY

We are committed to efforts that build respect, dignity, fairness, equityand self-esteem

HUMILITY

We learn from mistakes and successes in equal measure

MISSION & CORE VALUES

IMPACT

1

2018

WAS A YEAR OF FORMIDABLE ACCOMPLISHMENTS FOR NPOWER.

851

2018 ANNUAL REPORT

ENROLLED STUDENTS

2

What a difference a year makes! In 2017, NPower refined its vision and created a five-year strategic plan. In 2018, we made significant progress toward our 2023 goals. We continued to build momentum in our work to fill the growing technology skills gap by training 851 veterans, military spouses, and young adults to launch their tech careers. Our graduates took the first steps to a lifetime of greater financial security and professional opportunity. This significant growth would not have been possible without the dedication of our team, the resilience of NPower students and –most especially—the support of partners and donors like you.

Engagement fuels our impact. NPower’s model is built on a foundation of industry involvement and, in 2018, the corporate community rallied. We were fortunate to benefit from a dedicated, engaged base of 806 corporate volunteers who directly supported

Innovation is critical to our growth. In 2018, we pioneered new approaches to our training, in response to the changing needs of the tech labor market: we re-tooled our Tech Fundamentals core curriculum, launched an advanced course in Cloud Computing, established a center of innovation and excellence with the National Instructor Institute (NI2), and piloted a tech training initiative with Historically Black Colleges and Universities (HBCUs).

806

CORPORATE VOLUNTEERS

10,550 VOLUNTEER HOURS

As surging demand for domestic IT talent continues to challenge U.S. global competitiveness, NPower is responding with a resolute commitment to put 15,000 students into entry-level roles in the IT workforce by 2023.

Looking ahead, NPower is well-positioned for long term success.

We are transforming lives by helping those who need us most. Our program can be intelligently scaled to reach even more students and fill more of the in-demand tech jobs. And our commitment to the mission is unwavering.

We are grateful for your support on this journey. We look forward to your continued support in amplifying our impact.

David Reilly Chair, Board of Directors Chief Information Officer, Global Banking and Markets Bank of America

Bertina Ceccarelli Chief Executive Officer NPower

LETTER FROM DAVID REILLY & BERTINA CECCARELLI

our students’ growth with 10,550 hours of mentoring and professional development, preparing them with the skills and confidence to secure rewarding employment in the tech field.

Corporate partners also made our newly created registered IT Generalist Apprenticeship program a tremendous success. As one of the first such programs in the country to be approved by the Department of Labor, the IT Generalist designation helps our alumni compete for even higher wages and career growth.

3

$7,500

INVESTMENT - THE PROGRAM COST FOR ONE STUDENT

$1 MILLION

2018 ANNUAL REPORT

IN LIFETIME ADDITIONAL EARNED INCOME

4

A $7,500 INVESTMENT IN ONE STUDENT through the NPower program can generate a $1 MILLION IN LIFETIME ADDITIONAL EARNED INCOME

THE PROGRAM & RESULTS SUCCESS STORIES A YEAR OF GROWTH OUR REACH VOLUNTEER IMPACT FINANCIALS THANK YOU TO OUR SUPPORTERS BOARD OF DIRECTORS, NATIONAL ADVISORY COUNCIL, REGIONAL ADVISORY BOARD

06 16 20 22 24 26 28 30

TABLE OF CONTENTS

TABLE OF CONTENTS

5

PROVEN RESULTS In 2018, we hit our stride in new markets and graduated a record number of of students graduate

80%

of students earn industry-recognized certifications

2018 ANNUAL REPORT

of graduates are currently employed or continuing their education

6

681

2018 GRADUATES

63%

YOUNG ADULTS

37%

VETERANS & SPOUSES

$43,722 $0

2018 graduates who were unemployed before the program earned an average annual salary of $43,722.

YOUNG ADULTS 71% MEN 27% WOMEN

57% BLACK 19% LATINX

TS

students.

2018 NPower graduates who were underemployed before the program earned

58%

more after graduation.

“

Before NPower, I was unemployed and struggling to study for the CompTIA A+ certification on my own. Even with previous IT experience, I knew I needed help. With NPower’s support and hard work, I became A+ certified. I know these certifications will open opportunities and I plan to earn more to support the advancement of my career. NPower made me a true believer that, through patience and persistence, dreams do come true.

EBONY GLADNEY

NPower Maryland | Tech Fundamentals Spring 2018 Help Center Specialist, Technology Services Department Loyola University Maryland

VETERANS

36% BLACK 15% LATINX

THE PROGRAM & RESULTS

76% MALE 19% FEMALE

7 *based on all officially enrolled students in 2018

BRANCHES OF THE MILI

Branches Include Reserves

45% ARMY

23% NAVY

12%

AIR FORCE

VETERAN SUPPO SPOTLIGHT 2018 ANNUAL REPORT

UPSKILLING OUR HEROES TO BUILD A DIVERSE TECH PIPELINE

8

Serving veterans is paramount to NPower’s mission. We have trained over 860 veterans and veteran spouses to launch tech careers since training began in 2001. Veterans easily adapt their teamwork, self-discipline, confidence, and leadership savvy to the fast-paced tech industry. They also bring critical thinking and resiliency that tech teams can count on to drive success in a continually evolving industry.

As the need for diverse tech talent grows, our alternative training model is a pathway for veterans, and their spouses, to earn the in-demand skills to secure lucrative civilian careers. The program enables veterans to combine diverse experience with retooled skills, the right certifications, and know-how to succeed in the digital economy.

81%

ITARY MARINE CORPS

ORT

10% OTHER

After four years of active duty in the U.S. Army, Christopher began a grueling night-shift schedule as a Detention Officer in Oklahoma to raise his two young sons during the day. Even after 60-hour weeks, he needed part-time work to make ends meet. He was too tired, too frustrated, or too busy to be able to spend any real time with his family.

One sleepless night, he found NPower and was soon on a flight to San Jose, 1,400 miles away from his family. The sacrifices paid off. His confidence built throughout the program and he was soon fielding calls from multiple employers in an industry he loved. Christopher has started his career at the epicenter of tech, in Google’s Silicon Valley campus as an analyst for Astreya and is continuing his education at Facebook’s Cybersecurity University.

“

NPower gave me the formal training to earn my CompTIA A+ certification as well as the hands-on experience and confidence to launch a new career. I now have a network of people eager to see me succeed.

CHRIS ZIEGLER

NPower California | Tech Fundamentals Fall 2018 Access Management Analyst, Astreya

THE PROGRAM & RESULTS

10%

of veterans who graduated in 2018 are currently employed or continuing their education.

9

A six-year U.S. Army veteran who served with distinction, Lucas enrolled in NPower during his transition from the military.

His two hour drive to class, each way, underscores Lucas' deep commitment and determination for excellence which earned him the NPower Award at graduation. Following the conclusion of a valuable internship at Citi, he became a Department of Labor IT Generalist apprentice through the NPower partnership with World Wide Technology and contracted with Citi. After working on several high-level enterprise projects, he exceeded expectations and was offered a permanent role with Citi. Lucas is now an IT Business Analyst with a focus on project management and a shining example of the impact NPower can have on transitioning veterans.

LUCAS BUTLER

NPower Texas | Tech Fundamentals Spring 2018 IT Business Analyst, Citi

APPREN SUSTAI 6–8

MONTH PAID APPRENTICESHIPS

1,400

2018 ANNUAL REPORT

HOURS OF ON-THE-JOB TRAINING

10

HIGHLIGH IN

NTICE PARTNERSHIP = INABLE SUCCESS PAID ON-THE-JOB TRAINING

In 2018, the NPower and Department of Labor Apprenticeship program began to gain momentum within three designated NPower sites: California, New Jersey and Texas.

NPower graduates earn the opportunity to become United States Department of Labor Apprentices with NPower employer partners. These partners hire IT Generalist or Cybersecurity Technician apprentices for 6–8 months and provide over 1,400 hours of on-the-job training.

NPower apprentices are exposed to the processes, systems, and architecture firsthand, learning at the side of seasoned professionals. At the successful conclusion of 1,400 hours, NPower students gain a Department of Labor national certificate which significantly enhances their marketability and potential to earn.

HTS

2018

World Wide Technology/Citi

interns enrolled

36

NPower and Department of Labor apprentices were registered

Over 300

pre-apprentices have been enrolled with the Department of Labor

The first round of apprentices

completed their apprenticeship training

THE PROGRAM & RESULTS

The 1st

11

Cultivating Untapped Tech Talent Empowering individuals with in-demand skills and equalized opportunities transforms lives and creates systemic change in our most marginalized communities. Moving just one person from a low-income job or unemployment to a successful career in technology can break the cycle of generational poverty for an entire family. Tech Fundamentals, our foundational training program, transforms students in 23-weeks to become career-ready, entry-level tech professionals.

PREPARING YOUN

2018 ANNUAL REPORT

TO

12

80%

of 2018 Tech Fundamentals young adult graduates are currently employed or continuing their education.

NG ADULTS

BE CAREER-READY NOW

“

Finding NPower completely changed my life. I discovered I have the mental discipline to pursue something completely unknown to me. Getting my CompTIA A+ certification has shown me that hard work pays off.

DANEY FORBES

NPower New York | Tech Fundamentals Fall 2018 IT Business Analyst, Citi

Daney inspiring fellow graduates as class speaker at the NPower Tech Fundamentals Fall 2018 graduation.

Watch the video at https://youtu.be/NvTPPKqIcDk

THE PROGRAM & RESULTS

Daney F. joined NPower in July 2018 while working full-time in retail and carefully balancing responsibilities. Her long days began in the NPower classroom followed by demanding 12-hour retail shifts.

Throughout it all, she remained dedicated to the program and still found the time to study and problem solve with classmates.

Her ability to persevere through challenging and stressful circumstances is a testament to her resilience and drive. She is a shining example of the talent that exists throughout the NPower network which will continue to transform the IT industry, creating a richer and more diverse workforce. The journey may be full of twists and turns, but Daney found the motivation from within to push ahead and seize her place in tech with a salary over 3 times her previous salary.

13

WITH SUPPORT FROM

ADVANCING YOUNG WOMEN OF COLOR IN TECH CAREERS In 2018, we embarked on an ambitious mission, in partnership with the Citi Foundation, to increase the percentage of young women enrolled in our program and employed as NPower tech instructors to 40%. The 40 by 22 initiative has two distinct objectives which will support the transformation of the tech industry:

1

2018 ANNUAL REPORT

Increase our program enrollment of young women to 40% by 2022 in New York, New Jersey, Maryland, Missouri and California.

14

This program is made possible by a grant from Citi Foundation as part of their Pathways to Progress initiative.

2

Increase representation of female instructors to mirror our student goal of 40% by the end of 2020 in all the markets we serve.

Through strategic recruiting efforts, highimpact regional events, an extensive social media campaign, and series of important convening events, we are on our way to meeting the goal but there is still much work to be done. In 2018, NPower graduated 95 young women, most of whom are now employed in quality tech jobs. We also added five women to our instructor pool, increasing representation of women to 25%.

$0

$46,155

The average salary for previously unemployed women of color who completed our program in 2017 and 2018. From zero to $46K, this is a life changing impact that reinforces our mission and is a reminder that the NPower model works.

HIGHLIGHTS IN 2018 BREAKING THROUGH: TACKLING BARRIERS FOR YOUNG WOMEN OF COLOR IN IT The first of three convenings was hosted by Google in New York City on October 2nd 2018.

Watch the video at https://youtu.be/fgT4av7_na8

WOMEN IN TECH WEDNESDAY CAMPAIGN #WITWEDNESDAY

DIGITAL ADVERTISING CAMPAIGN The cornerstone of our recruitment strategy is a strategic digital advertising campaign reaching young women of color directly on the platforms they use. In just 2018, the campaign resulted in 395,154 impressions, a reach of 85,172 and 2,239 clicks to the NPower website.

Learn more at npower.org/40-by-22

THE PROGRAM & RESULTS

Each Wednesday, we dedicate our social platforms to building awareness for the 40 by 22 initiative by sharing success stories, videos, research, interviews, and news that will inspire change. Since the campaign launch in September 2018 through the end of the year, there were 109 individual posts with 84,198 impressions and 1,508 engagements which all served to amplify our message.

15

SUCCESS STORIES THE LIFE CHANGING IMPACT OF NPOWER

Before joining the Tech Fundamentals program, Lee was struggling to gain financial stability working a full-time job making below minimum wage and in desperate need of a change in environment due to negative social factors that surrounded him. Lee was able to improve his technical skills, earn his CompTIA A+ certification, and land an internship and ultimately hired full-time at On Point Help, a local IT company.

2018 ANNUAL REPORT

“ 16

I love that NPower’s program connected me to some of Baltimore’s brightest young people and mentors. I plan to pursue more certifications, build relationships with other professionals, and return to university to earn a degree in electrical engineering and computer science.

LEE DOUGLAS

YOUNG ADULT

NPower Maryland | Tech Fundamentals Spring 2018 IT Specialist, On Point Help

After transitioning out of the U.S. Navy, Latoya R. struggled to take her first steps in the civilian workforce. She found NPower while volunteering at a non-profit organization and joined New Jersey’s Tech Fundamentals program. NPower ignited her passion for technology. After a successful internship and job placement at a well-known financial institution, Latoya decided to advance her skills and joined the New York Cybersecurity program. As a star student in the class, she earned two in-demand industry certifications and secured a cybersecurity internship with the Federal Reserve. In just 20 months with NPower at her side, Latoya went from unemployed to making six figures as a full-time cybersecurity professional with the Federal Reserve Bank of San Francisco.

“

I continue to feel excited about my new career path. I can say NPower has been a significant force in encouraging and inspiring my drive to succeed.

LATOYA ROBINSON

VETERAN, U.S. NAVY

NPower New Jersey | Tech Fundamentals Spring 2017 NPower New York | Cybersecurity Spring 2018 Cybersecurity Analyst, Federal Reserve Bank of San Francisco

Kayla was hesitant to join NPower. She was unsure whether she could make a living while attending the long and rigorous training course. But that hesitation turned into determination within the first few days of class.

Kayla’s secured a full-time tech position with Mastercard and her wages increased 140% after NPower.

KAYLA PATTERSON

YOUNG ADULT

NPower Missouri | Tech Fundamentals Spring 2018 Associate AV Engineer, Corporate IT Services, Mastercard

THE PROGRAM & RESULTS

“

NPower has been a great help and pushed me to strive towards my goal. I have grown professionally and have confidence in what I know, and open to learning from others who know more.

Watch the video at https://youtu.be/Vsj_W3THaqQ

17

After getting out of the Marine Corps, Luke worked seasonal jobs doing manual labor. He was working 15-hour days and wasn’t bringing home nearly enough money to build a future. After the military, NPower has made the single biggest difference in his life and he now has a chance to prove his worth.

After completing the Tech Fundamentals program, he secured a full-time position with a top-tier consulting firm which tripled his salary.

“

I can talk about how I’ve been impacted, but these same opportunities that have been provided to me, have been provided to the entire class. I think that’s amazing and I am incredibly grateful to NPower. Thank you.

LUKE LIVELY

VETERAN, U.S. MARINE CORPS

NPower Texas | Tech Fundamentals Fall 2018 Risk Transformation Practice Team, Ernst & Young

2018 ANNUAL REPORT

Before the Tech Fundamentals program, Theodore worked two jobs while looking for a better opportunity. He made ends meet but there was no real career as a delivery biker. He was referred to the NPower program by an alumnus. Technology had always been his passion and the opportunity to develop business skills along with actual hands-on experience was too great for him to miss. During the journey, Theodore found new strengths and an amazing network of peers, educators, and professionals.

18

“

Tech Fundamentals showed me what was possible, but Cybersecurity showed me the future. I am now an information security professional with Broadridge.

THEODORE BEASLEY YOUNG ADULT

NPower New York | Tech Fundamentals Fall 2017 NPower New York | Cybersecurity Spring 2018 Information Security Specialist Associate, Broadridge

After struggling with unemployment and an abusive marriage, Deborah M. moved the Santa Clara County with her then 2-year old daughter. When the room she rented proved to be an unsafe environment, she and her daughter landed in a shelter. Her child’s health deteriorated and they were in the emergency room on multiple occasions which triggered anxiety attacks for Deborah. Remarkably, during this stressful period, Deborah learned of NPower. With grace and determination, she completed the coursework with excellence. She was quickly hired by the County of Santa Clara and is now an Information Systems Analyst.

“

They let me know that I had options. I really feel like the support that I received from NPower allowed me to succeed. They acted as my family and gave me the support that I needed to make it through.

I can never say enough about this program and how it has changed my life. I will be forever grateful to everyone there that supported me through this journey, for their positive and encouraging feedback.

DEBORAH MCCLEAN

VETERAN, U.S. NAVY

NPower California | Tech Fundamentals Fall 2018 Information Systems Analyst, County of Santa Clara

“

NPower really helped me get the hands-on training I needed to be successful in my role at Accenture.

ZUMRAD TAZETDINOVA YOUNG ADULT

NPower New York | TechCareer Accelerator Fall 2016 NPower New York | Cloud Computing Fall 2018 Cloud Migration & Imp Delivery Analyst, Accenture

THE PROGRAM & RESULTS

Originally from Uzebekistan, Zumrad studied and worked in information technology in her home country. After immigrating to the United States in 2015, she faced mounting challenges in finding a job in technology. She found NPower’s TechCareer Accelerator program, and earned her ITIL Foundation and ServiceNow System Administrator certificates. After an internship at ServiceNow, she was hired as an analyst at Accenture.

Zumrad returned to NPower for the new Cloud Computing program and has been promoted to work within Accenture's Information Technology Infrastructure team.

19

A YEAR OF GROWTH

THE PATH TO SUCCESS

2018 CURRICULUM UPDATES REIMAGINING NEW CURRICULUM

2018 ANNUAL REPORT

In July 2018, NPower Maryland conducted a successful new curriculum pilot which restructured our core Tech Fundamentals program to include more hands-on labs and skills that range from cloud computing, computer networking, service management, software & hardware support, and customer service.

20

LAUNCH OF CLOUD COMPUTING

NATIONAL INSTRUCTOR INSTITUTE (NI2)

Launched in the summer of 2018, The Cloud Computing program was designed to move NPower alumni beyond basic tech support knowledge to learn the fundamentals of cloud architecture and how to implement cloud strategy across a variety of industries. Funded

by Accenture, Amazon Web Services, Ira W. DeCamp Foundation, and the Heckscher Foundation, the innovative curriculum was developed in partnership with hiring partners to train students on cloud computing skills that are needed right now. We are proud to share that our inaugural graduating class achieved an impressive 88% retention rate.

We believe high-quality technical instruction is the foundation to an effective skills-focused program. We launched NI2 to develop and implement standardized protocols and best practices for onboarding, training, and retaining technical instructors to meet the demands of our growing national network.

Diversity among our teaching staff is of utmost importance. We aim to grow an instructor team that reflects our student population.

Now, we are able to enhance the learning environment, augment the quality of instruction, and improve student success.

NPOWER GALA 2018

Learn more at npower.org/gala-2018

POISED FOR GROWTH

On October 24th 2018, we celebrated an incredible year of “Opening Doors to Talent” and looked ahead to an exciting future. Together, we raised over $2.2 million to support NPower’s free tech training that opens doors to prosperous technology careers for veterans and young adults from underserved communities. Our honorees: Ginni Rometty, Chairman, President and CEO of IBM, and Don Callahan, Global Head of Operations & Technology at Citi, each highlighted their professional journey, perspective on the future of work and the need for innovative, diverse leadership.

21

TOTAL STUDENTS SERVED THROUGH 2018

3,924

CALIFORNIA | FOUNDED 2015 San Jose Serving: Veterans and Young Adults STUDENTS SERVED THROUGH 2018

412 TEXAS | FOUNDED 2013 Dallas / Fort Worth Serving: Veterans

2018 ANNUAL REPORT

STUDENTS SERVED THROUGH 2018

22

777

NEW YORK | FOUNDED 2001

Harlem | Brooklyn Serving: Young Adults

MICHIGAN | OPENING 2020

Detroit Serving: Young Adults

STUDENTS SERVED THROUGH 2018

2,061

NEW JERSEY | FOUNDED 2016

Jersey City | Newark (Opening 2019) Serving: Veterans and Young Adults STUDENTS SERVED THROUGH 2018

288

MARYLAND | FOUNDED 2016

STUDENTS SERVED THROUGH 2018

173

STUDENTS SERVED THROUGH 2018

213

OUR REACH

MISSOURI | FOUNDED 2017

St. Louis Serving: Young Adults

Baltimore Serving: Young Adults

23

CORPORATE VOL ENGAGEMENT SHARING EXPERIENCE AND TEACHING BY EXAMPLE Volunteers connected with NPower students in-person and virtually, in small and large group settings throughout the year.

TOTAL # OF DONATED HOURS IN 2018

TOTAL # OF VOLUNTEERS IN 2018

2018 ANNUAL REPORT

806 volunteers

24

10,550 hours TOTAL SOCIAL VALUE $ IN 2018

$1,582,425

My priority as an NPower Advisory Council member is to ensure students are well prepared to begin a career once they graduate.

Through the direct support of corporate partners hosting guest lectures, class visits and internships, students are better able to envision and prepare for careers in technology. —Anne Gilroy Senior Vice President, IT Service Management, Chief Technology Organization at Bank of America NPOWER NATIONAL ADVISORY COUNCIL CO-CHAIR

LUNTEER THANK YOU TO OUR 2018 VOLUNTEER PARTNERS

105

Guest Lectures

21

Workshops

36

Site Visits

6

Tech Challenges

NADAP National Finance Network Prudential Financial Quinn Street Robert Half Technology Royal Bank of Canada Salesforce Samaschool SAP Stonehaven SIM DFW Tevora TD Ameritrade TD Bank WWT Whole Whale Vodafone

VOLUNTEER IMPACT

VOLUNTEER EVENTS IN 2018

Accenture Amazon Web Services American Management Association Apex Systems Bank of America BCCGI Box BNY Mellon Broadridge Cisco Citi Dell Deloitte dKomplex Ernst & Young The Federal Reserve Fidelity Investments Flatiron Health Google Gotham Technology Group HUGE JP Morgan Chase KPMG LinkedIn Macquarie Capital Microsoft Mitchell Martin Morgan Stanley

25

FINANCIALS ASSETS

2018

2017

Current Assets Cash and cash equivalents

3,496,476

1,761,798

Contributions receivable

6,259,215

1,703,494

Accounts receivable, net of allowance for uncollectible accounts of $5,000 in 2018 and 2017

51,090

515,055

Prepaid expenses

38,204

31,884

10,364,985

4,012,231

Contributions Receivable, Long-term

288,310

989,159

Security Deposit

152,798

70,955

1,951,115

512,000

12,757,208

5,584,345

Accounts payable and accrued expenses

240,121

249,343

Accrued vacations payable

168,951

128,032

Accrued salaries, bonuses and related benefits

276,449

250,905

53,500

64,100

739,021

692,380

52,589

33,571

791,610

725,951

TOTAL CURRENT ASSETS

Fixed Assets, Net TOTAL ASSETS

LIABILITIES & NET ASSETS Current Liabilities

Deferred income TOTAL CURRENT LIABILITIES Deferred Rent

2018 ANNUAL REPORT

TOTAL LIABILITIES

26

Net Assets Net assets without donor restrictions

1,664,316

(427,061)

10,301,282

5,285,455

TOTAL NET ASSETS

11,965,598

4,858,394

TOTAL LIABILITIES AND NET ASSETS

12,757,208

5,584,345

Net assets with donor restrictions

CONSOLIDATED STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS - 2018

TOTAL

WITHOUT DONOR RESTRICTIONS

WITH DONOR RESTRICTIONS

Contributions

9,933,593

8,722,798

18,656,391

In-kind contributions

2,323,421

—

2,323,421

Special events income, net of $269,538 in direct expenses

1,576,135

—

1,576,135

Program service fees

1,191,443

—

1,191,443

5,582

—

5,582

Revenues, Gains and Other Support

Interest income Net assets released from restrictions TOTAL REVENUES, GAINS AND OTHER SUPPORT

3,706,971

(3,706,971)

—

18,737,145

5,015,827

23,752,972

13,151,955

—

13,151,955

13,151,955

—

13,151,955

2,668,245

—

2,668,245

713,977

—

713,977

3,382,222

—

3,382,222

16,534,177

—

16,534,177

2,202,968

5,015,827

7,218,795

Expenses Program Services Training Programs Total Program Expenses Supporting Services Management and general Fundraising Total Supporting Expenses TOTAL EXPENSES CHANGE IN NET ASSETS BEFORE OTHER ITEMS Other Items Foreign Currency Translation Loss

—

(111,591)

CHANGE IN NET ASSETS

2,091,377

NET ASSETS, BEGINNING OF YEAR

(427,061)

NET ASSETS, END OF YEAR

1,664,316

(111,591)

5,015,827

7,107,204

5,285,455

4,858,394

10,301,282

11,965,598

INDIVIDUAL

40%

FOUNDATION

8%

CORPORATION

31%

GOVERNMENT

7%

INTERNSHIPS & PROJECTS

6%

EVENTS

9%

FINANCIALS

REVENUE MIX

27

THANK YOU to our 2018 supporters, large and small, for your incredible commitment to change the future of tech.

UNDERWRITERS

The California Wellness Foundation

The Centene Charitable Foundation

Dell Technologies

Craig Newmark Fund

Symantec Corporation

JPMorgan Chase Foundation

Dupont

United States Department of Labor

The Pinkerton Foundation

Emerson Electric

Robin Hood Foundation

First Data Corporation

St. Louis Community Foundation

Hewlett Packard Enterprise

Tata Consulting Services Texas Veterans Commission

The Ira W. DeCamp Foundation

Tiger Foundation

JobsFirst NYC

William Randolph Hearst Foundation

Maryland Department of Labor

Guardian Life Insurance

World Wide Technology

MasterCard

PARTNERS

SUPPORTERS

Netscout

The Achelis & Bodman Foundation

SHI International Corp

Ascension Information Services

Workday Foundation

Fund II Foundation Citi Foundation

SPONSORS AT&T BNY Mellon Broadridge Financial Solutions

2018 ANNUAL REPORT

CISCO Systems

28

The Abell Foundation Accenture Bank of America Charitable Foundation The Boeing Company CA Technologies

IBM

The Meadows Foundation

Bloomberg Carl B. & Florence E. King Foundation

Splunk Yeager Marketing

FRIENDS

Fidelity

Nutanix

ADP

Fortinet

Oracle

Advanced Micro Devices

Gail & Rice Live

Peabody Energry

Ainslie Foundation

Gail Fierstein

Amazon

Gotham Technology Group

Pillsbury Winthrop Shaw Pittman LLP

Amazon Web Services

Government Systems Technologies

PricewaterhouseCoopers LLP Pure Storage

Guillermo Diaz, Jr.

Reboot Networks

Anheuser Busch

The Heidtke Foundation

Regional Business Council

Atlas Data Systems

Hitachi

Rich Greenbaum

Atos

Indeed

Royal Bank of Canada

Baker & McKenzie

Intel Corporation

Rubin Worldwide

BT Global Services

ITI Data

Rubrik

Capital One

JetBlue Foundation

Sailpoint Technologies

CBW Architects

Josh Sutton

Sand Hill East

CGI (Paragon Solutions)

Kean University

SAP America

Check Point Software Technologies

KPMG

Silicon Valley Community Foundation

Christopher Perry

Latham & Watkins, LLP

CompTIA Consolidated Edison The Craig and Kathryn Hall Foundation Crowe Horwath LLP Dan Petrozzo The Daniel & Karen Maslowski Philanthropic Fund The David Nathan Meryerson Foundation David Reilly Deloitte Diane Schwarz Enterprise Holdings, Inc. Ernst & Young Executive Functions Management - Gateway to Innovation

Larry Quinlan Leidos Maritz Mars Matt Horner McKinsey & Co. Men's Wearhouse Merck & Co. Mike Fey Moira Kilcoyne Monsanto Morgan Stanley Motorola Solutions Foundation New Jersey City University Nor-Cal Products NTT Data

Sitehands Society for information Management State Street Stephen Murphy Strongbow Consulting Group Sullivan & Cromwell LLP Thomson Reuters Tibco Software Tricentis Veritas Verizon Vodafone Americas Wells Fargo Wipro Technologies Zoom

THANK YOU TO OUR SUPPORTERS

American Management Association

29

BOARD OF DIRECTORS David Reilly | Chair Chief Information Officer, Global Banking and Markets Bank of America Matt Horner | Vice Chair Senior Vice President, Global Enterprise Sales World Wide Technology, Inc. Gail Fierstein | Secretary Head of People CaaStle Vittorio Cretella | Treasurer Principal VC Advisory

Mike Fey Chief Executive Officer Mesosphere Richard M. Greenbaum Managing Director, Global Head Technology Infrastructure Citi Debra King Senior Vice President and Chief Information Officer Corteva Agriscience Thomas Knowlton Partner and Director of Corporate Practice TCC Group

2018 ANNUAL REPORT

Steven Ballantyne Vice President of Product Operations Ramana Murthy Magapu Vice President, Head of Banking PowerSchool and Financial Services, Dean Del Vecchio North America Executive Vice President, Tata Consultancy Services Chief of Operations and Stephen M. Murphy Chief Information Officer Financial Services Global Lead The Guardian Life Insurance Accenture Company of America

30

Guillermo Diaz, Jr. Chief Information Officer and Senior Vice President Cisco Systems

Frank Pedersen Managing Partner GoodScout

Christopher J. Perry President, Global Sales, Marketing and Solutions Broadridge Financial Solutions Dan Petrozzo Venture Partner Oak Hill Capital/FT Larry Quinlan Global Chief Information Officer Deloitte Diane Schwarz Senior Vice President, Chief Digital and Information Officer Hunt Consolidated, Inc. Dwight D. Shepherd REAR ADMIRAL (RETIRED)

President Dwight Shepherd Consulting Josh Sutton Chief Executive Officer Agorai Bertina Ceccarelli Chief Executive Officer NPower

Luke Chilone | Co-Chair Information Technology Director CVS Health

Michael Barsella Senior Account Executive Cisco

Jason Hess Vice President, Global Technology JP Morgan Chase & Co.

Balaji Ganapathy | Co-Chair Head of Workforce Effectiveness, North America Tata Consultancy Services

David Boyle Principal Ernst & Young, LLP

Jeffrey M. Kaufman Managing Director Morgan Stanley

Anne Gilroy | Co-Chair Senior Vice President Bank of America

Joe Carlin Director of Technology Service Delivery Mars, Inc.

John O’Brien Senior Director, Security Presales Broadcom

Steve Mase | Co-Chair Director Global Quality Assurance Operations Citi

Guy Fruda Managing Director East Region, Information Technology Services Deloitte

Pamela Abaza Leader, Emerging Business, Information Technology Innovation and Planning Merck & Co., Inc.

Amy Gnagy Managing Director Accenture

Racheal Ankrah-Fosu Vice President, Strategy and Business Development Broadridge

Sajawal Haider Chief Information Security Officer Oak Hill Advisors Peter Hancock Senior Vice President, Client Solutions Optiv Inc.

Heather Sheldon Program Manager, Diversity and Inclusion Broadridge Kim Shostak Global Account Manager Hewlett Packard Enterprises Richard Stalzer Self Employed Brian Vaske President Incandescent Technologies, Inc.

BOARD OF DIRECTORS | NATIONAL ADVISORY COUNCIL | REGIONAL ADVISORY BOARD

NATIONAL ADVISORY COUNCIL

31

TEXAS REGIONAL ADVISORY BOARD Ernest Lefner | Chair Senior Manager-FSO Digital Advisory Ernst & Young Tim Adams Director Internet of Things Cisco

Tresia D. Eaves Senior Manager Protiviti Greg Gomel Chief Executive Officer and Founder The Gomel Group LLC

JP Hogan Jeff Berger Growth & Expansion Director, COLONEL (RETIRED) Executive Vice President Strategic Solutions Group Association of the U.S. Army Volt Workforce Solutions Roy Bond Director, Operations Workforce & Economic Development DCCCD Llewellyn Derry Board Vice Chair Beacon Hill

Richard Kenedi President of New Markets NETSCOUT David Kennedy Managing Director of Corporate Finance KPMG LLP

Daniel Maslowski Global Engineering Head, Citi Architecture and Technology Engineering Citigroup Curt McLaughlin Regional Sales Manager World Wide Technology Gerry Rodriguez Director of Engineering The Hall Group Diane Schwarz Senior Vice President, Chief Digital and Information Officer Hunt Consolidated, Inc.

Ben Shrewsbury Director, Industrial & Natural Resources Sector Russell Reynolds Doug Short Chief Information Officer/Chief Information Security Officer Trinity River Authority of Texas Duane Wehking Director, KTech, TechOps Cloud & Automation Boeing Global Services Carla Whitlock NPOWER ALUMNI REPRESENTATIVE

DevOps Systems Engineer II Raytheon

CALIFORNIA REGIONAL ADVISORY BOARD Jim Connor Executive Producer Game Changers Silicon Valley

2018 ANNUAL REPORT

Alicia Johnson Principal Ernst & Young

32

Troy Johnson Managing Director, Western Regional Technology Deloitte

Corey Marshall Director, Splunk4Good Splunk Sean Miner Head of User Experience (Global) QuinStreet

David Ogburn Senior Client Strategist BNY Mellon Wealth Management Sean Perry Chief Information Officer Robert Half International, Inc.

Kris Stadelman Director NOVA Workforce Board Sylvie Veilleux Chief Information Officer Dropbox

MARYLAND REGIONAL ADVISORY BOARD Frank Baitman | Chair Senior Advisor Abbott Labs & Deque Systems Gerald Charles Vice President, Global Information Technology Strategy and Operations Under Armour

Michael Robert DiBlasio Senior Software Engineer Leidos

Robert Lord Co-Founder and President Protenus

Scott Harris Executive Vice President, Client Services Catalyte

Cathleen O’Toole Director of Technology TD Ameritrade

Blair Johnson Consultant

Andrew Parlock Campaign Executive Northrop Grumman

Carolyn Yarnia Chief Executive Officer and Co-Founder Sisu Global Health Calvin Young Associate Camden Partners Holdings, LLC

Gil Hoffman Chief Information Officer Mercy Matt Holton Senior Vice President, Operations & Technology, NAM Mastercard Matt Horner Senior Vice President, Global Enterprise Sales World Wide Technology Jon Joplin Vice President of Technology Express Scripts

Ladan Kamfar Digital Collaboration & Outreach Lead Bayer Crop Science

Michael Rupinski President ZeroDay Technology Solutions

Gerry Lewis President and Chief Executive Officer Ascension Technologies

Gary Smith Director, Architecture & Engineering, KTech KPMG

Valerie Patton Senior Vice President Inclusion and Talent Attraction and Executive Director, St. Louis Business Diversity Initiative St. Louis Regional Chamber

Nicole Tate Director, Global Sales Development & Communication World Wide Technology

Jerry Walker Director of Information Technology City of St. Louis Treasurer’s Office Erica Wilson Vice President, IT Security & Risk Cass Information Systems, Inc. Lina Young Chief Information Officer and Senior Vice President Global Business Services Peabody

NEW JERSEY REGIONAL ADVISORY BOARD Ambrose Nardulli | Chair Managing Director JPMorgan Chase & Company Vivian Brady-Philips Executive Director Jersey City Housing Authority Jacquie Cleary Chief Executive Officer Atlas

MASTER GUNNERY SERGEANT

John Escalante New York City/New Jersey Representative Marine For Life Nicole Flowers Senior Manager, Cloud Infrastructure Accenture

Rik Jones Director, KTech, Technology Services KPMG Radhakrishnan Mahalingam Partner/Vice President, FSS Cloud Application Innovation Delivery Leader IBM Global Business Services, US

Chris Murphy Director Platform Services TD Ameritrade Joshua Richards Director, Identity and Access Management Pearson John Sasso Associate Director, Service Delivery Lead Technology Experience Support Ernst & Young LLP

BOARD OF DIRECTORS | NATIONAL ADVISORY COUNCIL | REGIONAL ADVISORY BOARD

MISSOURI REGIONAL ADVISORY BOARD

33

CHANGING THE FUTURE OF TECH TOGETHER.

New York | New Jersey | Texas | California | Maryland | Missouri | Canada