Civic Intelligence

CDC Education Foundation

990 • Fiscal year 2015 • EIN 47-4640179

Jul 31, 2015 to Dec 31, 2015 • Filed on Feb 16, 2016

475-a East Bay StreetCharleston, SC 29403

(843) 724-3773

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$30,701

No earlier filing loaded for comparison.

Net Assets

$30,122

No earlier filing loaded for comparison.

Liabilities

$579

No earlier filing loaded for comparison.

Revenue

$106,802

No earlier filing loaded for comparison.

Expenses

$76,680

No earlier filing loaded for comparison.

Net Income

$30,122

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2015: $30,701Liabilities 2015: $579Net Assets 2015: $30,1222015Assets 2016: $50,879Liabilities 2016: -$27Net Assets 2016: $50,9062016Assets 2017: $67,980Liabilities 2017: $875Net Assets 2017: $67,1052017Assets 2018: $52,000Liabilities 2018: $0Net Assets 2018: $52,0002018Assets 2019: $52,248Liabilities 2019: $0Net Assets 2019: $52,2482019Assets 2020: $90,773Liabilities 2020: $0Net Assets 2020: $90,7732020Assets 2021: $120,394Liabilities 2021: $0Net Assets 2021: $120,3942021Assets 2022: $122,100Liabilities 2022: $0Net Assets 2022: $122,1002022Assets 2023: $48,016Liabilities 2023: $0Net Assets 2023: $48,0162023Assets 2024: $108,864Liabilities 2024: $43,758Net Assets 2024: $65,1062024

Highlighted filing

2015

Assets$30,701
Liabilities$579
Net Assets$30,122

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2015: $106,802Expenses 2015: $76,680Net Income 2015: $30,1222015Revenue 2016: $53,459Expenses 2016: $32,675Net Income 2016: $20,7842016Revenue 2017: $55,181Expenses 2017: $38,982Net Income 2017: $16,1992017Revenue 2018: $4,518Expenses 2018: $19,623Net Income 2018: -$15,1052018Revenue 2019: $8,561Expenses 2019: $8,313Net Income 2019: $2482019Revenue 2020: $39,475Expenses 2020: $950Net Income 2020: $38,5252020Revenue 2021: $29,800Expenses 2021: $179Net Income 2021: $29,6212021Revenue 2022: $1,769Expenses 2022: $63Net Income 2022: $1,7062022Revenue 2023: $28,050Expenses 2023: $102,134Net Income 2023: -$74,0842023Revenue 2024: $91,781Expenses 2024: $74,691Net Income 2024: $17,0902024

Highlighted filing

2015

Revenue$106,802
Expenses$76,680
Net Income$30,122
Jump To
Filing Snapshot
Filing Period
Jul 31, 2015 to Dec 31, 2015
Signed
Feb 16, 2016
Return Version
2015v2.1
Gross Receipts
$106,802
Mission and Program Overview

Mission

To develop a diverse and educated talent base to ensure a workforce capable of meeting the needs of technology-intense enterprises. Through efforts such as codecamp, a community-sourced software training program, the charleston digital corridor education foundation will serve as a liaison between the community and the local business community to grow an educated high-wage workforce.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$30,122▲ $30,122
Cash and Non-Interest-Bearing Accounts-$29,451-
Pledges and Grants Receivable-$1,250-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$30,701▲ $30,701
Liabilities
Other Liabilities$0$579▲ $579
Total Liabilities$0$579▲ $579
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$30,122▲ $30,122
Total Liabilities and Net Assets / Fund Balance$0$30,701▲ $30,701
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kirk KingChairman of the Board
Eric WagesVice Chair
Brad ElmenhurstBoard Member
Marc MurphyBoard Member
Micthell DavisBoard Member
Valerie SessionsBoard Member
Ernest AndradeExecutive Director
Pete WoodhullTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$17,500
Program Service Revenue
$89,302
Investment Income
$0
Other Revenue
$0
All Other Contributions
$17,500
Change in Net Assets
$30,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,680
Total Fundraising Expense$2,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$54,528$1,695-$56,223
Advertising$6,827-$1,707$8,534
Fees for Services Accounting-$1,525-$1,525
All Other Expenses$945$171-$1,116
Other Expenses$1,091$885$1,113$885
Office Expenses-$142$142$284
Total Functional Expenses$68,187$5,531$2,962$76,680
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Chas Digital Corridor Foundation$579
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 6

The organization provides these documents upon request at the administration office and the tax return is available online at www.guidestar.org

Form 990, Part VI, Section B, Line 11

A copy of the 990 was provided to all voting board members prior to being filed with the irs.

Form 990, Part VI, Section C, Line 18

Form 990 is available on guidestar.org

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public electronically upon request.

Filing and Contact Details

Filer

Filer Name
Cdc Education Foundation
EIN
47-4640179
Phone
8437243773
Address
475-A EAST BAY STREET, CHARLESTON, SC 29403

Signing Officer

Name
Ernest Andrade
Title
Executive Director
Phone
8437243773
Signed
2016-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernest Andrade
Formed
2015
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Moss & Yantis CPA Pa
Address
PO BOX 2425, MOUNT PLEASANT, SC 29465
Preparer
Deanna R Moss CPA
Phone
8436062349
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Developing a career-ready workforce lies at the core of codecamp's mission. We seek to emplower young people by equipping them with the skills and concepts necessary to thrive in a changing economy. Our hands-on approach to education and training allows young people to acquire the skills necessary to successfully gain employment within the lowcountry and beyond. We are passionate about creating an accessible training program that allopws students to thrive and learn.

Form 990, Part III, Line 3

This is the first year for filing a 990 for the cdc education foundation. Thus, all program services with respect to this filing are considered new.

Form 990, Part IX, Line 11G

Curriculum development: program service expenses 2,073. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,073. Admin contract labor: program service expenses 6,780. Management and general expenses 1,695. Fundraising expenses 0. Total expenses 8,475. Instructor contract labor: program service expenses 45,375. Management and general expenses 0. Fundraising expenses 0. Total expenses 45,375. Contract labor (misc): program service expenses 300. Management and general expenses 0. Fundraising expenses 0. Total expenses 300.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DEVELOPING A CAREER-READY WORKFORCE LIES AT THE CORE OF CODECAMP'S MISSION. WE SEEK TO EMPLOWER YOUNG PEOPLE BY EQUIPPING THEM WITH THE SKILLS AND CONCEPTS NECESSARY TO THRIVE IN A CHANGING ECONOMY. OUR HANDS-ON APPROACH TO EDUCATION AND TRAINING ALLOWS YOUNG PEOPLE TO ACQUIRE THE SKILLS NECESSARY TO SUCCESSFULLY GAIN EMPLOYMENT WITHIN THE LOWCOUNTRY AND BEYOND. WE ARE PASSIONATE ABOUT CREATING AN ACCESSIBLE TRAINING PROGRAM THAT ALLOPWS STUDENTS TO THRIVE AND LEARN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS IS THE FIRST YEAR FOR FILING A 990 FOR THE CDC EDUCATION FOUNDATION. THUS, ALL PROGRAM SERVICES WITH RESPECT TO THIS FILING ARE CONSIDERED NEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES THESE DOCUMENTS UPON REQUEST AT THE ADMINISTRATION OFFICE AND THE TAX RETURN IS AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 WAS PROVIDED TO ALL VOTING BOARD MEMBERS PRIOR TO BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS AVAILABLE ON GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ELECTRONICALLY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CURRICULUM DEVELOPMENT: PROGRAM SERVICE EXPENSES 2,073. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,073. ADMIN CONTRACT LABOR: PROGRAM SERVICE EXPENSES 6,780. MANAGEMENT AND GENERAL EXPENSES 1,695. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,475. INSTRUCTOR CONTRACT LABOR: PROGRAM SERVICE EXPENSES 45,375. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,375. CONTRACT LABOR (MISC): PROGRAM SERVICE EXPENSES 300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 300.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt030701
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt030701
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt017500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02962
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05531
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt068187
IRS990/TotalFunctionalExpensesGrp/TotalAmt076680
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0579
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0579
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030122
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt068187
IRS990/TotalProgramServiceRevenueAmt089302
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt089302
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0106802
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt030701
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0475-A EAST BAY STREET
IRS990/USAddress/CityNm0CHARLESTON
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029403
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.CHARLESTONDIGITIALCORRIDOR.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERNEST ANDRADE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08437243773
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CDC EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CDCE
ReturnHeader/Filer/EIN0474640179
ReturnHeader/Filer/PhoneNum08437243773
ReturnHeader/Filer/USAddress/AddressLine1Txt0475-A EAST BAY STREET
ReturnHeader/Filer/USAddress/CityNm0CHARLESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029403
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471356737
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOSS & YANTIS CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2425
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOUNT PLEASANT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029465
ReturnHeader/PreparerPersonGrp/PhoneNum08436062349
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEANNA R MOSS CPA
ReturnHeader/ReturnTs02016-05-12T12:36:44-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-31
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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