Civic Intelligence

Mission Bit

990 • Fiscal year 2018 • EIN 46-0945785

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 01, 2019

101A Clay Street STE 121San Francisco, CA 94110

(415) 879-5380

Siviq Scores

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

Liabilities / Assets

68th percentile

0.14x

Higher debt load relative to assets than 68% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

1st percentile

-85%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-3.2%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$23,490

Down $133,265 (-85%) from 2017

Net Assets

Down

$20,144

Down $135,043 (-87%) from 2017

Liabilities

Up

$3,346

Up $1,778 (+113%) from 2017

Revenue

Down

$536,893

Down $17,609 (-3.2%) from 2017

Expenses

Up

$671,936

Up $139,750 (+26%) from 2017

Net Income

Down

-$135,043

Down $157,359 (-705%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $17,542Liabilities 2014: $0Net Assets 2014: $17,5422014Assets 2015: $48,270Liabilities 2015: $0Net Assets 2015: $48,2702015Assets 2016: $132,871Liabilities 2016: $0Net Assets 2016: $132,8712016Assets 2017: $156,755Liabilities 2017: $1,568Net Assets 2017: $155,1872017Assets 2018: $23,490Liabilities 2018: $3,346Net Assets 2018: $20,1442018Assets 2019: $170,877Liabilities 2019: $19,941Net Assets 2019: $150,9362019Assets 2020: $824,323Liabilities 2020: $192,250Net Assets 2020: $632,0732020Assets 2021: $1,174,649Liabilities 2021: $125,098Net Assets 2021: $1,049,5512021Assets 2022: $1,364,185Liabilities 2022: $127,656Net Assets 2022: $1,236,5292022Assets 2023: $1,571,113Liabilities 2023: $188,141Net Assets 2023: $1,382,9722023Assets 2024: $2,430,541Liabilities 2024: $152,249Net Assets 2024: $2,278,2922024

Highlighted filing

2018

Assets$23,490
Liabilities$3,346
Net Assets$20,144

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $159,000Expenses 2014: $147,127Net Income 2014: $11,8732014Revenue 2015: $123,628Expenses 2015: $92,900Net Income 2015: $30,7282015Revenue 2016: $403,387Expenses 2016: $345,086Net Income 2016: $58,3012016Revenue 2017: $554,502Expenses 2017: $532,186Net Income 2017: $22,3162017Revenue 2018: $536,893Expenses 2018: $671,936Net Income 2018: -$135,0432018Revenue 2019: $649,750Expenses 2019: $555,841Net Income 2019: $93,9092019Revenue 2020: $1,057,279Expenses 2020: $576,142Net Income 2020: $481,1372020Revenue 2021: $1,193,714Expenses 2021: $776,236Net Income 2021: $417,4782021Revenue 2022: $1,159,319Expenses 2022: $972,341Net Income 2022: $186,9782022Revenue 2023: $1,371,589Expenses 2023: $1,225,146Net Income 2023: $146,4432023Revenue 2024: $2,261,452Expenses 2024: $1,366,132Net Income 2024: $895,3202024

Highlighted filing

2018

Revenue$536,893
Expenses$671,936
Net Income-$135,043
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 1, 2019
Return Version
2018v3.0
Gross Receipts
$606,666
Mission and Program Overview

Mission

To empower public school youth with computer programming educational experiences and professional opportunities.

Mission Bit strives to eliminate the tech divide for youth living in urban poverty and rural areas across the San Francisco Bay Area by building computer programming and professional opportunity pathways for public school students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$150,505$23,490▼ $127,015
Land, Buildings, and Equipment, Net$6,250--
Total Assets$156,755$23,490▼ $133,265
Liabilities
Accounts Payable and Accrued Expenses$1,568$3,346▲ $1,778
Total Liabilities$1,568$3,346▲ $1,778
Net Assets / Fund Balance
Unrestricted Net Assets$155,187$20,144▼ $135,043
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$155,187$20,144▼ $135,043
Total Liabilities and Net Assets / Fund Balance$156,755$23,490▼ $133,265
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stevon CookExecutive DirectorFT$109,667$109,667

Board Members and Trustees

NameTitle
Clive DownieBoard President
Abhay KumarBoard Member
Bob IppilitoBoard Member
Brian ClarkBoard Member
Jim McNayBoard Member
Michael WalkerBoard Member
Jeff SchnitzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$510,808
Program Service Revenue
$26,085
Investment Income
$0
Other Revenue
$0
All Other Contributions
$132,696
Change in Net Assets
$-135,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$488,043
Other Expenses$157,218
Total Fundraising Expense$53,712
Professional Fundraising Fees$18,200
Grants and Similar Amounts Paid$8,475

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$330,036$0$0$330,036
Current Officers, Directors, Trustees, and Key Employees$82,250$10,967$16,450$109,667
Fees for Services Other$33,086$15,150-$48,236
Payroll Taxes$38,180$1,016$1,523$40,719
Occupancy$22,243$1,410$4,171$27,824
Fees for Services Accounting$0$21,939$0$21,939
Fees for Services Professional Fundraising--$18,200$18,200
Insurance-$9,897-$9,897
Office Expenses$3,892$3,647$2,304$9,843
Grants to Domestic Individuals$8,475--$8,475
Other Employee Benefits$5,016$2,605-$7,621
Other Expenses$6,546$0$0$6,546
Depreciation Depletion$6,250--$6,250
Travel$1,057--$1,057
Advertising$581--$581
Total Functional Expenses$551,593$66,631$53,712$671,936
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$69,773
Fundraising Gross Income$69,773
Professional Fundraising Fees$18,200

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala 2018$150,161$69,773$0$69,773
Gala 2017$40,065$0$0$0
Total Events$190,226$69,773$69,773$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
Yes
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 Board of Directors does not have committees.

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

The Form 990 is reviewed by the organization's accountant and Treasurer before filing. The full Board receives a copy of the Form 990 before it is filed.

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

Policies are provided to the Board of Directors annually and senior staff review annually.

Form 990, Part VI, Section B, Line 15

Board detemines executive salary based on salary survey for like organization in the same geographic areas. Staff salary determination is based on salary survey for like organization in the same geographic areas.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Mission Bit
EIN
46-0945785
Phone
4158795380
Address
101A Clay Street STE 121, San Francisco, CA 94110

Signing Officer

Name
Stevon Cook
Title
Executive Director
Phone
4158795380
Signed
2019-04-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stevon Cook
Formed
2012
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
35
Volunteers
50

Preparer

Firm
Shelby Malvoso CPA
Address
360 Grand Ave 408, Oakland, CA 94610
Preparer
Shelby Malvoso
Phone
5104736240
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IRS990/Desc0a. Mission Bit provides computer science courses that expose high school students from underserved and underrepresented communities to multiple coding languages. We design our classrooms with project based, small group, learning in mind. Fall and Spring courses run for 13 weeks, 4 hours a week. During the summer, we run intensive introductory and advanced courses that last 6 weeks, respectively. In addition to our classes, we offer students a field trip to a Bay Area tech company, career and college advising related to the technology field, and an opportunity to showcase their group projects to a large community of supporters during our Demo Day event at the end of the term. We worked with 269 students in 2018. Our student composition includes 45% female and 45% combined African American and Latino. b. Mission Bit offers 60 to 90 minute coding workshops for middle and high school aged students. We schedule workshops during the school day and after school for community based organizations. Workshops are led by volunteer software engineers who are trained to offer fun and engaging activities that expose students to what's possible with coding. We connect students to ongoing online opportunities and encourage eligible students to continue their education by enrolling in a Mission Bit course. We served 258 students in 2018. c. Mission Bit has partnered with Hack Reactor to offer students a fast-track coding program and an opportunity to prepare for admittance into Hack Reactor's 12-week Immersive Coding Bootcamp. We served 25 adults in 2018.
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IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-135043
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt026085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0510808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0589187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0393387
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0190606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0158983
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01842971
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt066850
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70985
IRS990ScheduleA/PublicSupportPY170Pct00.60984
IRS990ScheduleA/PublicSupportTotal170Amt01308239
IRS990ScheduleA/SubstantialContributorsTotAmt0534732
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0510808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0589187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0393387
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0190606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0158983
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01842971
IRS990ScheduleA/TotalSupportAmt01842971
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Grant writer
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-13240
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Parker Consulting
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt013240
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0950 Mountain View Dr STE 23
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Lafayette
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd094549
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0120453
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt040065
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt080388
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt069773
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala 2017
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Gala 2018
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt057773
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt057773
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt040065
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0150161
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0190226
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt069773
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt069773
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt012000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt012000
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0CA
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt00
IRS990ScheduleG/TotalNetToOrganizationAmt0-13240
IRS990ScheduleG/TotalRetainedByContractorsAmt013240
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08475
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Stipends for students
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt053
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization provides stipends to student participants, and therefore does not monitor the use of the funds.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors does not have committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is reviewed by the organization's accountant and Treasurer before filing. The full Board receives a copy of the Form 990 before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Policies are provided to the Board of Directors annually and senior staff review annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board detemines executive salary based on salary survey for like organization in the same geographic areas. Staff salary determination is based on salary survey for like organization in the same geographic areas.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00

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