Liabilities / Assets
32nd percentile
Higher debt load relative to assets than 32% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
32nd percentile
Higher debt load relative to assets than 32% of similar nonprofits.
Liabilities / Revenue
21st percentile
Higher debt load relative to revenue than 21% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Assets
Down$4,805,341
Down $693,710 (-13%) from 2016
Net Assets
Down$4,550,229
Down $751,817 (-14%) from 2016
Liabilities
Up$255,112
Up $58,107 (+29%) from 2016
Revenue
Up$5,582,965
Up $2,220,818 (+66%) from 2016
Expenses
Up$6,334,782
Up $1,309,601 (+26%) from 2016
Net Income
Up-$751,817
Up $911,217 (+55%) from 2016
CODE2040 aims to close the achievement, wealth, and skills gaps for Black and Latinx population in the United States by creating access, awareness, and opportunities in technology and engineering.
CODE2040 creates pathways to educational, professional, and entrepreneurial success in technology for underrepresented minorities with a specific focus on Black and Latinx populations. The fellows program provided internships for 86 individuals. The technical applicant prep program served 600 individuals in person and 5000 online. The entrepreneur in residence program supported 7 individuals in Durham, Chicago, Detroit, San Francisco, Minneapolis and Austin.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $1,828,824 | $2,088,253 | ▲ $259,429 |
| Savings and Temporary Cash Investments | $3,375,501 | $1,985,949 | ▼ $1,389,552 |
| Land, Buildings, and Equipment, Net | $199,839 | $473,740 | ▲ $273,901 |
| Prepaid Expenses and Deferred Charges | $11,659 | $49,377 | ▲ $37,718 |
| Total Assets | $5,499,051 | $4,805,341 | ▼ $693,710 |
| Other Assets Total | $83,228 | $208,022 | ▲ $124,794 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $197,005 | $255,112 | ▲ $58,107 |
| Total Liabilities | $197,005 | $255,112 | ▲ $58,107 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $2,108,325 | $3,255,864 | ▲ $1,147,539 |
| Temporarily Rstr Net Assets | $3,193,721 | $1,294,365 | ▼ $1,899,356 |
| Total Net Assets Fund Balance | $5,302,046 | $4,550,229 | ▼ $751,817 |
| Total Liabilities and Net Assets / Fund Balance | $5,499,051 | $4,805,341 | ▼ $693,710 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $216,834 | $88,648 | $305,482 |
| Equipment | $154,655 | $45,363 | $200,018 |
| Leasehold Improvements | $102,251 | $33,316 | $135,567 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Sean Segal | COO | FT | $157,998 | $97,500 | $255,498 |
| Laura Weidman Powers | CEO | FT | $243,627 | $8,236 | $251,863 |
| Karla Monterroso | VP.Programs | FT | $190,342 | $7,609 | $197,951 |
| Alexandra Trabulsi | Sr.Director,Development | FT | $124,055 | $3,385 | $127,440 |
| Christian Simamora | Sr.Director,Student Prog. | FT | $120,395 | $4,740 | $125,135 |
| Michelle Fox | Sr.Director,Community Mobilization | FT | $114,266 | $6,098 | $120,364 |
| Name | Title |
|---|---|
| Tristan Walker | Chair |
| Susan Colby | Vice Chair |
| Ben Horowitz | Director |
| Kristen Titus | Director |
| Amber Saloner-Tenant | Secretary |
| Marc Hedlund | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Rio G Bennin (Crossroads Labs LLC) | Software development for Fellows Program | 204 Park Place Apt 1, Brooklyn, NY 11238 | $160,400 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,647,611 |
| Other Expenses | $2,104,338 |
| Total Fundraising Expense | $777,288 |
| Grants and Similar Amounts Paid | $582,833 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,472,574 | $670,705 | $435,671 | $2,578,950 |
| Current Officers, Directors, Trustees, and Key Employees | $333,240 | $306,799 | $65,273 | $705,312 |
| Grants to Domestic Individuals | $582,833 | - | - | $582,833 |
| Travel | $391,888 | $43,870 | $30,906 | $466,664 |
| Occupancy | $273,440 | $117,237 | $50,678 | $441,355 |
| Fees for Services Other | $196,254 | $117,379 | $89,145 | $402,778 |
| Information Technology | $206,584 | $57,397 | $1,502 | $265,483 |
| Payroll Taxes | $134,477 | $58,488 | $36,915 | $229,880 |
| Depreciation Depletion | $108,903 | $18,779 | $8,160 | $135,842 |
| Other Employee Benefits | $71,959 | $39,723 | $21,787 | $133,469 |
| Conferences and Meetings | $34,649 | $6,600 | - | $41,249 |
| Fees for Services Legal | - | $35,505 | - | $35,505 |
| Other Expenses | $1,256 | $33,111 | $560 | $34,927 |
| Fees for Services Accounting | $740 | $29,486 | - | $30,226 |
| All Other Expenses | $5,752 | $8,722 | $1,479 | $15,953 |
| Insurance | $7,964 | $4,121 | $1,791 | $13,876 |
| Total Functional Expenses | $3,919,712 | $1,637,782 | $777,288 | $6,334,782 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $6,334,782 |
| Total Expenses per Audited Statements | $6,334,782 |
| Total Expenses per Form 990 | $6,334,782 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $24,385 |
| Fundraising Gross Income | $12,201 |
| Professional Fundraising Fees | $0 |
“Organization does not have a committee with authority to act on behalf of the governing body.”
“Form 990 is emailed to full Board for each member's review, comment (as needed). The 990 approval is voted on at the fall Board Meeting.”
“The organization regularly and consistently monitors compliance with the policy Annually in November, Board members, officers and all employess are given a certif1cat1on and disclosure form with the organization's policy Each person is required to certify that they have 1 ) received the policy, 2) read and understood it, 3)agree to comply with the policy, 4) certify that they have no actual or possible conflict to report or describe any relat1onships, transactions, or other circumstances that could result in a comflict between the organizat1on interests and their personal f1nancial or other interests. All forms are reviewed by the Director of Finance & Ops. A list of potentially conflicted entit1es and individuaIs is ma1ntained for ident1fying possible conflicts.”
“The Process for determining compensation of the CEO involves using multiple sources of comparability data for like positions within the same geographical location, level of responsibility, experience, education, revenue, and number of employees, coupled with an annual review given by the chair of the Board. The CEO's performance and compensation is a Joint board process by which all board members review, provide input and approve compensation changes before it's presented to the CEO. Latest review was in 2017.We use two sets of benchmarks, one from Payscale and a customized benchmarks of like-sized revenue not-for-profit organizations. For C-level positions, such adjustments and study were presented at board meeting so board members could review and approve. C-level employees' salaries are only adjusted if the board approved”
“Governing documents and financial statements are available to public upon request.”
“We introduced a new program called Community Mobilization and another one called Company Culture Transformation. Community Mobilization: Focuses on growing and empowering a broad community to expand Code2040's impact. Building engagement and content for Black and Latinx professionals in the tech industry is the core of the department's work. Company Culture Transformation: Pushes the innovation economy to create more equitable systems, workplaces, and companies to promote the centering of the Black and Latinx experience - for our community to thrive and persist in the industry. We do that through strategic training and consulting on Code2040 content centered in self-reflection, having hard conversations about race, and thinking about their place in the larger movement towards racial equity.”
“EIR program was ceased in Oct 2017”
“The Organization is exempt from paying federal and state income taxes under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Accordingly, no provision has been made for such taxes in the accompanying financial statements. The wholly owned subsidiary was a pass-through entity for income tax reporting purposes and accordingly, did not pay tax on its taxable income. Instead, allocated income or loss was reported on the tax return of the Organization. The entity was subject to a minimum franchise tax for the State of California. Each year, management considers whether any material tax position the Organization has taken is more likely than not to be sustained upon examination by the applicable taxing authority. Management believes that any positions the Organization has taken are supported by substantial authority and, hence, do not need to be measured or disclosed in these financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 197005 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 255112 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | CODE2040 creates pathways to educational, professional, and entrepreneurial success in technology for underrepresented minorities with a specific focus on Black and Latinx populations. The fellows program provided internships for 86 individuals. The technical applicant prep program served 600 individuals in person and 5000 online. The entrepreneur in residence program supported 7 individuals in Durham, Chicago, Detroit, San Francisco, Minneapolis and Austin. |
| IRS990/AllOtherContributionsAmt | 0 | 4175535 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 1479 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8722 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 5752 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 15953 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Cherizza Lundy |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4155130204 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 785 Market Street 850 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | San Francisco |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 94103 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 65273 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 306799 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 333240 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 705312 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 6600 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 34649 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 41249 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 160400 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 204 Park Place Apt 1 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Brooklyn |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 11238 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | Rio G Bennin (Crossroads Labs LLC) |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Software development for Fellows Program |
| IRS990/ContriRptFundraisingEventAmt | 0 | 1500 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 4177035 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 582833 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1141 |
| IRS990/CYOtherExpensesAmt | 0 | 2104338 |
| IRS990/CYOtherRevenueAmt | 0 | -3711 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1408500 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -751817 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3647611 |
| IRS990/CYTotalExpensesAmt | 0 | 6334782 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 777288 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5582965 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 8160 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 18779 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 108903 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 135842 |
| IRS990/Desc | 0 | Title: Student ProgramsDescription: Student Programs is committed to seeing our students launch careers in the innovation economy, persist in the sector, and become champions for equity and inclusion within the sector as their careers unfold. We are also committed to providing company experiences that inspire and catalyze our company partners to prioritize building an equitable and inclusive work environment. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | CODE2040 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 47 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1620405 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 29486 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 740 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 30226 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 35505 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 35505 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 89145 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 117379 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 196254 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 402778 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 8236 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 7609 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 4740 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 3385 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 6098 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Tristan Walker |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Amber Saloner-Tenant |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Marc Hedlund |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Ben Horowitz |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Kristen Titus |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Susan Colby |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Laura Weidman Powers |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Karla Monterroso |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Sean Segal |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Christian Simamora |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Alexandra Trabulsi |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Michelle Fox |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 243627 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 190342 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 255498 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 120395 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 124055 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 114266 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Vice Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VP.Programs |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | COO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Sr.Director,Student Prog. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Sr.Director,Development |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Sr.Director,Community Mobilization |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/FundraisingAmt | 0 | 1500 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 24385 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 12201 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 582833 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 582833 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 5607350 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 6 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 1502 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 57397 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 206584 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 265483 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 1791 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 4121 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 7964 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 13876 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1141 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1141 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 68 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 167327 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 199839 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 473740 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 641067 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | CODE2040 aims to close the achievement, wealth, and skills gaps for Black and Latinx population in the United States by creating access, awareness, and opportunities in technology and engineering. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5302046 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4550229 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -12184 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -12184 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 50678 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 117237 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 273440 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 441355 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 83228 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 208022 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
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| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 39723 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 71959 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 133469 |
| IRS990/OtherExpensesGrp/Desc | 0 | Stipends |
| IRS990/OtherExpensesGrp/Desc | 1 | Staff Training |
| IRS990/OtherExpensesGrp/Desc | 2 | Bad Debt Expense |
| IRS990/OtherExpensesGrp/Desc | 3 | Recruitment |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 2175 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 31246 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 560 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 38485 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 51375 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 33111 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 84951 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 2970 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 9278 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 1256 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 125611 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 54345 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 40524 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 34927 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Miscellaneous receipts |
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| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 8473 |
| IRS990/OtherRevenueTotalAmt | 0 | 8473 |
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| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2578950 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 36915 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 58488 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 134477 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 229880 |
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| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 2088253 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 11659 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 49377 |
| IRS990/PrincipalOfficerNm | 0 | Karla Monterroso |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Program Service Fees |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1408500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1408500 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Title: Community Mobilization Department Description: CMD focuses on growing and empowering a broad community to expand Code2040's impact. Building engagement and content for Black and Latinx professionals in the tech industry is the core of the department's work. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 452575 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Title: Residency - EIR "Description: The CODE2040 Residency, powered by Google forEntrepreneurs, is designed to empower Black and Latinx entrepreneurs totake their companies to the next level while cultivating diversity intheir own communities. Our EIRs get support from CODE2040, Google forEntrepreneurs, and from the tech hubs, which are all committed tocreating and growing strong, diverse, and inclusive entrepreneurialecosystems in the cities they call home." |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 1216608 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 582833 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | Title: Company Culture TransformationDescription: Company Culture Transformation pushes the innovation economy to create more equitable systems, workplaces, and companies to promote the centering of the Black and Latinx experience - for our community to thrive and persist in the industry. We do that through strategic training and consulting on Code2040 content centered in self-reflection, having hard conversations about race, and thinking about their place in the larger movement towards racial equity. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 1 | Company Programs - works with tech companies and companies with large tech hiring needs to diversify their workforce. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 427906 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 1 | 202218 |
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| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 226669 |
| IRS990/PYInvestmentIncomeAmt | 0 | 354 |
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| IRS990/PYOtherRevenueAmt | 0 | 26286 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 29840 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -1663034 |
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| IRS990/PYTotalExpensesAmt | 0 | 5025181 |
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| IRS990/PYTotalRevenueAmt | 0 | 3362147 |
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| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -751817 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1408500 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 3375501 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1985949 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | Miscellaneous receipts - 2013 Amount: $ 2067. 2014 Amount: $ 6787. 2015 Amount: $ 5995. 2016 Amount: $ 21723. 2017 Amount: $ 8473. Loss from disposal of assets - 2015 Amount: $ -18889. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Schedule A, Part II, Line 10, Explanation of Other Income: |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3305667 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7022624 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2029563 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 737496 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 17272385 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1141 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 354 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 223 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 348 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2066 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 1734404 |
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| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | -12894 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6787 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2067 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 26156 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.65000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 11245457 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 6026928 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2029563 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 737496 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 17272385 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 17300607 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 154655 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 45363 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 200018 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 6334782 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 102251 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 33316 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 135567 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 216834 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 88648 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 305482 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 5582965 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization is exempt from paying federal and state income taxes under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Accordingly, no provision has been made for such taxes in the accompanying financial statements. The wholly owned subsidiary was a pass-through entity for income tax reporting purposes and accordingly, did not pay tax on its taxable income. Instead, allocated income or loss was reported on the tax return of the Organization. The entity was subject to a minimum franchise tax for the State of California. Each year, management considers whether any material tax position the Organization has taken is more likely than not to be sustained upon examination by the applicable taxing authority. Management believes that any positions the Organization has taken are supported by substantial authority and, hence, do not need to be measured or disclosed in these financial statements. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 473740 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 6334782 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 5582965 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 5582965 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 6334782 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 582822 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | GRANTS TO ENTREPRENEURS |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.