Civic Intelligence

Code Nation Inc.

990 • Fiscal year 2023 • EIN 46-0557527

Aug 01, 2022 to Jul 31, 2023 • Filed on Jun 17, 2024

117 Adams St 5P Suite BBrooklyn, NY 11201

(917) 565-6767

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$4,670,980

Down $3,015,425 (-39%) from 2021

Net Assets

Down

$4,420,144

Down $2,465,580 (-36%) from 2021

Liabilities

Down

$250,836

Down $549,845 (-69%) from 2021

Revenue And Expenses

Revenue

Down

$4,301,150

Down $2,240,293 (-34%) from 2021

Expenses

Up

$6,938,615

Up $2,764,842 (+66%) from 2021

Net Income

Down

-$2,637,465

Down $5,005,135 (-211%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $363,784Liabilities 2014: $13,818Net Assets 2014: $349,9662014Assets 2016: $943,014Liabilities 2016: $51,661Net Assets 2016: $891,3532016Assets 2017: $1,681,489Liabilities 2017: $35,724Net Assets 2017: $1,645,7652017Assets 2018: $2,063,936Liabilities 2018: $42,209Net Assets 2018: $2,021,7272018Assets 2019: $1,701,721Liabilities 2019: $37,988Net Assets 2019: $1,663,7332019Assets 2020: $5,144,792Liabilities 2020: $626,738Net Assets 2020: $4,518,0542020Assets 2021: $7,686,405Liabilities 2021: $800,681Net Assets 2021: $6,885,7242021Assets 2023: $4,670,980Liabilities 2023: $250,836Net Assets 2023: $4,420,1442023Assets 2024: $311,624Liabilities 2024: $125,538Net Assets 2024: $186,0862024

Highlighted filing

2023

Assets$4,670,980
Liabilities$250,836
Net Assets$4,420,144

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2014: $582,687Expenses 2014: $248,834Net Income 2014: $333,8532014Revenue 2016: $1,545,864Expenses 2016: $1,394,661Net Income 2016: $151,2032016Revenue 2017: $2,799,993Expenses 2017: $2,045,581Net Income 2017: $754,4122017Revenue 2018: $3,159,342Expenses 2018: $2,783,380Net Income 2018: $375,9622018Revenue 2019: $3,620,491Expenses 2019: $3,978,485Net Income 2019: -$357,9942019Revenue 2020: $6,703,150Expenses 2020: $3,848,829Net Income 2020: $2,854,3212020Revenue 2021: $6,541,443Expenses 2021: $4,173,773Net Income 2021: $2,367,6702021Revenue 2023: $4,301,150Expenses 2023: $6,938,615Net Income 2023: -$2,637,4652023Revenue 2024: $2,466,919Expenses 2024: $5,346,217Net Income 2024: -$2,879,2982024

Highlighted filing

2023

Revenue$4,301,150
Expenses$6,938,615
Net Income-$2,637,465
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Jun 17, 2024
Return Version
2022v5.0
Gross Receipts
$4,301,150
Mission and Program Overview

Mission

Code Nation equips students in under-resourced high schools with the skills, experiences, and connections that together create access to careers in technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$2,124,384$1,804,999▼ $319,385
Savings and Temporary Cash Investments$1,701,270$1,701,608▲ $338
Cash and Non-Interest-Bearing Accounts$4,208,297$1,154,665▼ $3,053,632
Accounts Receivable-$3,500-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$8,040,159$4,670,980▼ $3,369,179
Other Assets Total$6,208$6,208→ $0
Liabilities
Accounts Payable and Accrued Expenses$332,550$250,836▼ $81,714
Total Liabilities$332,550$250,836▼ $81,714
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,487,096$3,090,531▼ $2,396,565
Net Assets With Donor Restrictions$2,220,513$1,329,613▼ $890,900
Total Net Assets Fund Balance$7,707,609$4,420,144▼ $3,287,465
Total Liabilities and Net Assets / Fund Balance$8,040,159$4,670,980▼ $3,369,179

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$120,482$120,482
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ron SummersCEOFT$261,846$2,565$264,411
Kellie HinklePresidentFT$208,753$1,095$209,848
Francesca BalbiCOOFT$141,047-$141,047
Diana WaltersManaging DirectorFT$134,239$2,655$136,894
Shane a MorrisManaging DirectorFT$128,800$1,084$129,884
Jennifer MahoneyManaging DirectorFT$128,741-$128,741
Jacob TumasDirector, Finance & ComplianceFT$123,042-$123,042
Briana WilsonDirector, ChicagoFT$105,621$2,579$108,200
Ambar PascualDirector, New YorkFT$100,369$1,095$101,464

Board Members and Trustees

NameTitle
Josh SilvermanChairman
Caryn EffronDirector
Lauren StatesDirector
Scott MeyerDirector
Stephanie J HullDirector
Dahni-el GilesDirector (former)
David KaltDirector (former)
Peter Boyce IiDirector (former)
Maurya CouvaresCo-found/CEO Em
Elizabeth PisacretaCo-found/sec
Revenue and Support

Revenue Composition

Contributions and Grants
$4,035,923
Program Service Revenue
$264,890
Investment Income
$337
Other Revenue
$0
All Other Contributions
$4,035,923
Change in Net Assets
$-2,637,465

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,301,150
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,177,000
Total Revenue per Audited Statements
$5,478,150
Total Revenue per Form 990
$4,301,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,099,589
Other Expenses$1,839,026
Total Fundraising Expense$517,875
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,928,774$1,445,883$257,111$3,631,768
Other Employee Benefits$327,119$245,221$43,606$615,946
Current Officers, Directors, Trustees, and Key Employees$278,819$209,014$37,167$525,000
Fees for Services Other$333,590$46,876$109,569$490,035
Payroll Taxes$165,215$123,852$22,024$311,091
Other Expenses$154,465$219,826$10,406$219,826
Occupancy$70,979$53,208$9,462$133,649
Office Expenses$38,294$28,705$20,615$87,614
Fees for Services Legal-$72,799-$72,799
Advertising-$62,563-$62,563
Travel$10,524$7,888$5,986$24,398
Fees for Services Management-$23,185-$23,185
Pension Plan Contributions$8,383$6,284$1,117$15,784
Insurance$6,095$4,568$812$11,475
Fees for Services Accounting-$1,890-$1,890
Total Functional Expenses$3,787,466$2,633,274$517,875$6,938,615

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,765,615
Expenses per Audited Statements$6,938,615
Total Expenses per Form 990$6,938,615
Expenses Not Reported on Form 990$1,827,000
Expenses Not Reported on Financial Statements$0
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
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 B, Line 11B

Management reviewed a draft of the form 990 with the audit/ finance committee and provided edits to the tax preparer. After this process was performed, the form 990 was sent to the full board directors prior to being filed with the irs.

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

The conflict of interest policy requires that an annual disclosure is signed as well as obliges each individual to raise any potential conflict of interest as it arises. All board members and officers are required to sign the conflict of interest form. If a member is deemed to have a conflict they are required to abstain from voting on the issue.

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

The board discussed, reviewed and approved the compensation for the key employees using comparable data from other nonprofits. The board discussed, reviewed and approved the compensation for the ceo using comparable data from other nonprofits.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and tax information returns available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Scripted Inc
EIN
46-0557527
Phone
9175656767
Address
117 ADAMS ST 5P SUITE B, BROOKLYN, NY 11201

Signing Officer

Name
Ron Summers
Title
CEO
Phone
9175656767
Signed
2024-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Summers
Formed
2012
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
59
Volunteers
236

Preparer

Firm
Sax Llp
Address
1040 AVENUE OF THE AMERICAS 16TH, FLOOR, NEW YORK, NY 10018
Preparer
Mike Schall
Phone
2122682804
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Loss on uncollectable pledges -650,000.

Financial Statement Notes

PART X, LINE 2:

Scripted, inc. Does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending july 31, 2020 and later are subject to examination by applicable tax auhtorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Loss on uncollectable pledges

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IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04301150
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt0812
IRS990/InsuranceGrp/ManagementAndGeneralAmt04568
IRS990/InsuranceGrp/ProgramServicesAmt06095
IRS990/InsuranceGrp/TotalAmt011475
IRS990/InvestmentIncomeGrp/ExclusionAmt0337
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0337
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0120482
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0120482
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WITH A VOLUNTEER TEACHING CORPS OF 300 TECHNOLOGY PROFESSIONALS AND A POWERFUL NETWORK OF SCHOOL AND COMPANY PARTNERS, WE BRING CODING COURSES AND WORK-BASED LEARNING PROGRAMS TO STUDENTS WHO ATTEND UNDER-RESOURCED HIGH SCHOOLS. THAT MEANS STUDENTS LEAVE CODE NATION PROGRAMS CAREER-READY, WITH A HOLISTIC SET OF SKILLS, COMPETENCIES, AND RESOURCES THAT SET THEM UP FOR SUCCESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07707609
IRS990/NetAssetsOrFundBalancesEOYAmt04420144
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05487096
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03090531
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt09462
IRS990/OccupancyGrp/ManagementAndGeneralAmt053208
IRS990/OccupancyGrp/ProgramServicesAmt070979
IRS990/OccupancyGrp/TotalAmt0133649
IRS990/OfficeExpensesGrp/FundraisingAmt020615
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt028705
IRS990/OfficeExpensesGrp/ProgramServicesAmt038294
IRS990/OfficeExpensesGrp/TotalAmt087614
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06208
IRS990/OtherAssetsTotalGrp/EOYAmt06208
IRS990/OtherChangesInNetAssetsAmt0-650000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt043606
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0245221
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0327119
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0615946
IRS990/OtherExpensesGrp/Desc0EDUCATIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2RECRUITMENT
IRS990/OtherExpensesGrp/FundraisingAmt010406
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt081512
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1219826
IRS990/OtherExpensesGrp/ProgramServicesAmt0465209
IRS990/OtherExpensesGrp/ProgramServicesAmt1154465
IRS990/OtherExpensesGrp/TotalAmt0465209
IRS990/OtherExpensesGrp/TotalAmt1246383
IRS990/OtherExpensesGrp/TotalAmt2219826
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0257111
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01445883
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01928774
IRS990/OtherSalariesAndWagesGrp/TotalAmt03631768
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt022024
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0123852
IRS990/PayrollTaxesGrp/ProgramServicesAmt0165215
IRS990/PayrollTaxesGrp/TotalAmt0311091
IRS990/PensionPlanContributionsGrp/FundraisingAmt01117
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06284
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08383
IRS990/PensionPlanContributionsGrp/TotalAmt015784
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02124384
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01804999
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RON SUMMERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0264890
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0264890
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05948747
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0334
IRS990/PYOtherExpensesAmt01437494
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0246397
IRS990/PYRevenuesLessExpensesAmt0821885
IRS990/PYSalariesCompEmpBnftPaidAmt03936099
IRS990/PYTotalExpensesAmt05373593
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06195478
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2637465
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0264890
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01701270
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01701608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04035923
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05948747
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06360749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06433572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03206465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025985456
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0337
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0334
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01005
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01366307
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0578
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08336
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08914
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68570
IRS990ScheduleA/PublicSupportPY170Pct00.67370
IRS990ScheduleA/PublicSupportTotal170Amt017824996
IRS990ScheduleA/SubstantialContributorsTotAmt08160460
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04035923
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05948747
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06360749
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06433572
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03206465
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025985456
IRS990ScheduleA/TotalSupportAmt025995375
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt01827000
IRS990ScheduleD/DonatedServicesUseFcltsAmt01827000
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120482
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0120482
IRS990ScheduleD/ExpensesNotReportedAmt01827000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06938615
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherRevenueAmt0-650000
IRS990ScheduleD/RevenueNotReportedAmt01177000

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