Civic Intelligence

Codenow Inc

990 • Fiscal year 2016 • EIN 45-5001964

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

917 W Washington Blvd No 158Cihcago, IL 60607

(818) 621-6960

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

3rd percentile

-209%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$134,250

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 55.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

5th percentile

-72%

Faster asset growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-57%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$193,302

Down $505,255 (-72%) from 2015

Net Assets

Down

$187,512

Down $506,522 (-73%) from 2015

Liabilities

Up

$5,790

Up $1,267 (+28%) from 2015

Revenue

Down

$242,024

Down $319,347 (-57%) from 2015

Expenses

Up

$748,546

Up $95,369 (+15%) from 2015

Net Income

Down

-$506,522

Down $414,716 (-452%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2012: $52,887Liabilities 2012: $02012Assets 2013: $480,376Liabilities 2013: $96Net Assets 2013: $480,2802013Assets 2014: $796,151Liabilities 2014: $10,311Net Assets 2014: $785,8402014Assets 2015: $698,557Liabilities 2015: $4,523Net Assets 2015: $694,0342015Assets 2016: $193,302Liabilities 2016: $5,790Net Assets 2016: $187,5122016Assets 2017: $41,378Liabilities 2017: $26,802Net Assets 2017: $14,5762017

Highlighted filing

2016

Assets$193,302
Liabilities$5,790
Net Assets$187,512

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2012: $162,082Expenses 2012: $110,412Net Income 2012: $51,6702012Revenue 2013: $886,116Expenses 2013: $458,723Net Income 2013: $427,3932013Revenue 2014: $835,210Expenses 2014: $530,085Net Income 2014: $305,1252014Revenue 2015: $561,371Expenses 2015: $653,177Net Income 2015: -$91,8062015Revenue 2016: $242,024Expenses 2016: $748,546Net Income 2016: -$506,5222016Revenue 2017: $356,349Expenses 2017: $529,285Net Income 2017: -$172,9362017

Highlighted filing

2016

Revenue$242,024
Expenses$748,546
Net Income-$506,522
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$242,024
Mission and Program Overview

Mission

Codenow's mission is to diversify the talent pipeline of students who pursue computer science and technology. We do this by providing free, out-of-school training to students on the weekends hosted at tech companies. Our program is essential because it lowers the barriers normally associated with technology by giving students exposure to programming at an early age when they are beginning to explore their options and opportunities.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$591,468$186,758▼ $404,710
Prepaid Expenses and Deferred Charges$7,451--
Accounts Receivable$64,000$5,000▼ $59,000
Land, Buildings, and Equipment, Net$3,011$1,544▼ $1,467
Total Assets$698,557$193,302▼ $505,255
Other Assets Total$32,627--
Liabilities
Accounts Payable and Accrued Expenses$4,523$5,790▲ $1,267
Total Liabilities$4,523$5,790▲ $1,267
Net Assets / Fund Balance
Unrestricted Net Assets$516,542$132,512▼ $384,030
Temporarily Rstr Net Assets$177,492$55,000▼ $122,492
Total Net Assets Fund Balance$694,034$187,512▼ $506,522
Total Liabilities and Net Assets / Fund Balance$698,557$193,302▼ $505,255

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,544$3,573$5,117
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ryan SeashoreFounder & CEOFT$134,250$134,250
Neal Sales GriffinIncoming President & CEOFT$31,003$31,003

Board Members and Trustees

NameTitle
Brigette LauBoard Member
Dave SamuelBoard Member
Roy BahatBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$239,486
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,538
All Other Contributions
$239,486
Change in Net Assets
$-506,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$441,063
Other Expenses$307,393
Total Fundraising Expense$42,334
Grants and Similar Amounts Paid$90
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$148,949$36,942$17,263$203,154
Current Officers, Directors, Trustees, and Key Employees$123,940$29,746$14,873$168,559
Travel$93,150$2,085$4,945$100,180
Fees for Services Other$53,159$23,671$2,500$79,330
Occupancy-$57,439-$57,439
Other Employee Benefits-$38,193-$38,193
Payroll Taxes$22,355$6,178$2,624$31,157
Office Expenses$14,345$6,297$25$20,667
Insurance-$16,027-$16,027
Fees for Services Accounting-$9,715-$9,715
Information Technology$487$7,070-$7,557
Other Expenses$3,814$2,074$104$2,074
Depreciation Depletion-$1,467-$1,467
Grants to Domestic Orgs$90--$90
Total Functional Expenses$460,289$245,923$42,334$748,546
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization did not have a committee with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by the outside accountants and reviewed by management. A copy of the 990 was provided to the board prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization ensures compliance with the conflict of interest policy annually at its board meeting. Board members and employees are asked to fill out and sign a questionnaire in which they disclose conflicts, if any. The questionnaires are kept on file by the organization. Any director having a conflict regarding any matter presented to the board for action makes certain that the existence of such conflict is fully disclosed to the board and made a matter of record. A director having a conflict with respect to any matter coming before the board does not vote or use his or her personal influence to affect the outcome of board action with respect to such matter. The minutes of the board meetings reflect the fact that any director with a conflict refrained from voting. If a conflict exists which affects a director's continued service on the board, the director will terminate the conflicting activity or organizational association or resign from the board. If the director fails to resolve the conflict, the board removes the director as permitted by the bylaws.

Form 990, Part VI, Section B, Line 15A

The organization's ceo compensation is reviewed by the board of directors. The deliberations and decision of the board of directors are documented in the organization's board minutes and used comparable data. The most recent compensation review was completed in october 2017.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Codenow Inc
EIN
45-5001964
Phone
8186216960
Address
917 W WASHINGTON BLVD NO 158, CIHCAGO, IL 60607

Signing Officer

Name
Neal Sales-griffin
Title
CEO
Phone
8186216960
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Neal Sales-griffin
Formed
2012
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
3
Employees
9
Volunteers
150

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 650N, BETHESDA, MD 20814-2930
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professinal fees: program service expenses 53,159. Management and general expenses 23,671. Fundraising expenses 2,500. Total expenses 79,330.

Raw XML Appendix378 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0CODENOW IS A NONPROFIT FOCUSED ON TEACHING UNDERREPRESENTED HIGH SCHOOL STUDENTS COMPUTER PROGRAMMING THROUGH FREE, EXTRA-CURRICULAR, OFF-CAMPUS TRAININGS. OUR GOAL IS TO LOWER THE BARRIERS NORMALLY ASSOCIATED WITH TECHNOLOGY BY GIVING STUDENTS EXPOSURE TO PROGRAMMING AT AN EARLY AGE WHEN THEY ARE BEGINNING TO EXPLORE THEIR OPTIONS. CURRENTLY, WE ARE OPERATING WORKSHOPS IN NEW YORK CITY, MIAMI AND SAN FRANCISCO. CODENOW HAS WORKED WITH MORE THAN 1400 STUDENTS, PROVIDING FREE TRAINING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY MANAGEMENT. A COPY OF THE 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION ENSURES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY AT ITS BOARD MEETING. BOARD MEMBERS AND EMPLOYEES ARE ASKED TO FILL OUT AND SIGN A QUESTIONNAIRE IN WHICH THEY DISCLOSE CONFLICTS, IF ANY. THE QUESTIONNAIRES ARE KEPT ON FILE BY THE ORGANIZATION. ANY DIRECTOR HAVING A CONFLICT REGARDING ANY MATTER PRESENTED TO THE BOARD FOR ACTION MAKES CERTAIN THAT THE EXISTENCE OF SUCH CONFLICT IS FULLY DISCLOSED TO THE BOARD AND MADE A MATTER OF RECORD. A DIRECTOR HAVING A CONFLICT WITH RESPECT TO ANY MATTER COMING BEFORE THE BOARD DOES NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE TO AFFECT THE OUTCOME OF BOARD ACTION WITH RESPECT TO SUCH MATTER. THE MINUTES OF THE BOARD MEETINGS REFLECT THE FACT THAT ANY DIRECTOR WITH A CONFLICT REFRAINED FROM VOTING. IF A CONFLICT EXISTS WHICH AFFECTS A DIRECTOR'S CONTINUED SERVICE ON THE BOARD, THE DIRECTOR WILL TERMINATE THE CONFLICTING ACTIVITY OR ORGANIZATIONAL ASSOCIATION OR RESIGN FROM THE BOARD. IF THE DIRECTOR FAILS TO RESOLVE THE CONFLICT, THE BOARD REMOVES THE DIRECTOR AS PERMITTED BY THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S CEO COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS. THE DELIBERATIONS AND DECISION OF THE BOARD OF DIRECTORS ARE DOCUMENTED IN THE ORGANIZATION'S BOARD MINUTES AND USED COMPARABLE DATA. THE MOST RECENT COMPENSATION REVIEW WAS COMPLETED IN OCTOBER 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSINAL FEES: PROGRAM SERVICE EXPENSES 53,159. MANAGEMENT AND GENERAL EXPENSES 23,671. FUNDRAISING EXPENSES 2,500. TOTAL EXPENSES 79,330.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0177492
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IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalLiabilitiesGrp/EOYAmt05790
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0694034
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0187512
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0460289
IRS990/TotalReportableCompFromOrgAmt0165253
IRS990/TotalRevenueGrp/ExclusionAmt02538
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0242024
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0698557
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0193302
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt04945
IRS990/TravelGrp/ManagementAndGeneralAmt02085
IRS990/TravelGrp/ProgramServicesAmt093150
IRS990/TravelGrp/TotalAmt0100180
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0516542
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0132512
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0917 W WASHINGTON BLVD NO 158
IRS990/USAddress/CityNm0CIHCAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060607
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.CODENOW.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NEAL SALES-GRIFFIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08186216960
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CODENOW INC
ReturnHeader/Filer/BusinessNameControlTxt0CODE
ReturnHeader/Filer/EIN0455001964
ReturnHeader/Filer/PhoneNum08186216960
ReturnHeader/Filer/USAddress/AddressLine1Txt0917 W WASHINGTON BLVD NO 158
ReturnHeader/Filer/USAddress/CityNm0CIHCAGO
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId024E2B1EDDFB7997E904F8C8AA54720A5F314F67A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId005B8A002FC3AE45CA51809371C09C089EBCB47A0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.103.231.202
ReturnHeader/FilingSecurityInformation/IPDt02017-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm008:10:24
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521392008
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELMAN ROSENBERG & FREEDMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04550 MONTGOMERY AVE SUITE 650N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208142930
ReturnHeader/PreparerPersonGrp/PhoneNum03019519090
ReturnHeader/ReturnTs02017-11-15T07:10:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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