Civic Intelligence

Codecrew

990 • Fiscal year 2019 • EIN 47-4691807

Aug 01, 2018 to Jul 31, 2019 • Filed on May 01, 2020

88 Union Avenue 2nd FloorMemphis, TN 38103

(901) 484-4203

Siviq Scores

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

Liabilities / Assets

67th percentile

0.12x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

54th percentile

0.04x

Higher debt load relative to revenue than 54% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

3rd percentile

-87%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$132,662

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 17.9% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

1st percentile

-72%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

8th percentile

-38%

Faster revenue growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$241,648

Down $631,722 (-72%) from 2018

Net Assets

Down

$212,177

Down $649,547 (-75%) from 2018

Liabilities

Up

$29,471

Up $17,825 (+153%) from 2018

Revenue

Down

$743,010

Down $458,318 (-38%) from 2018

Expenses

Up

$1,392,557

Up $541,590 (+64%) from 2018

Net Income

Down

-$649,547

Down $999,908 (-285%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $314,265Liabilities 2016: $0Net Assets 2016: $314,2652016Assets 2017: $524,657Liabilities 2017: $13,294Net Assets 2017: $511,3632017Assets 2018: $873,370Liabilities 2018: $11,646Net Assets 2018: $861,7242018Assets 2019: $241,648Liabilities 2019: $29,471Net Assets 2019: $212,1772019Assets 2020: $707,723Liabilities 2020: $246,175Net Assets 2020: $461,5482020Assets 2021: $1,440,506Liabilities 2021: $461,336Net Assets 2021: $979,1702021Assets 2022: $1,035,995Liabilities 2022: $46,646Net Assets 2022: $989,3492022Assets 2023: $1,141,107Liabilities 2023: $108,082Net Assets 2023: $1,033,0252023Assets 2025: $1,339,770Liabilities 2025: $257,475Net Assets 2025: $1,082,2952025

Highlighted filing

2019

Assets$241,648
Liabilities$29,471
Net Assets$212,177

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $422,983Expenses 2016: $108,718Net Income 2016: $314,2652016Revenue 2017: $634,102Expenses 2017: $437,004Net Income 2017: $197,0982017Revenue 2018: $1,201,328Expenses 2018: $850,967Net Income 2018: $350,3612018Revenue 2019: $743,010Expenses 2019: $1,392,557Net Income 2019: -$649,5472019Revenue 2020: $1,867,847Expenses 2020: $1,618,476Net Income 2020: $249,3712020Revenue 2021: $2,220,073Expenses 2021: $1,702,451Net Income 2021: $517,6222021Revenue 2022: $2,033,480Expenses 2022: $2,175,848Net Income 2022: -$142,3682022Revenue 2023: $2,559,994Expenses 2023: $2,516,318Net Income 2023: $43,6762023Revenue 2025: $3,041,546Expenses 2025: $2,663,430Net Income 2025: $378,1162025

Highlighted filing

2019

Revenue$743,010
Expenses$1,392,557
Net Income-$649,547
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
May 1, 2020
Return Version
2018v3.1
Gross Receipts
$743,010
Mission and Program Overview

Mission

Teaching children and adults to write software and pursue computer science education, career, and entrepreneurship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$90,000$133,150▲ $43,150
Cash and Non-Interest-Bearing Accounts$779,255$106,350▼ $672,905
Prepaid Expenses and Deferred Charges$4,115$2,148▼ $1,967
Total Assets$873,370$241,648▼ $631,722
Liabilities
Accounts Payable and Accrued Expenses$11,646$29,321▲ $17,675
Other Liabilities$0$150▲ $150
Total Liabilities$11,646$29,471▲ $17,825
Net Assets / Fund Balance
Unrestricted Net Assets$861,724$212,177▼ $649,547
Total Net Assets Fund Balance$861,724$212,177▼ $649,547
Total Liabilities and Net Assets / Fund Balance$873,370$241,648▼ $631,722
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nnaemeka Egwuekwe JrExecutive DirectorFT$121,193$11,469$132,662

Board Members and Trustees

NameTitle
Petya GradyBoard Chair
Eric MathewsBoard Member
Zachary KleimanBoard Member
Audrey Jones-willisBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$341,459
Program Service Revenue
$398,094
Investment Income
$3,457
Other Revenue
$0
All Other Contributions
$341,459
Change in Net Assets
$-649,547

Audited Revenue Reconciliation

Revenue per Audited Statements
$743,010
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$743,010
Total Revenue per Form 990
$743,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$969,447
Other Expenses$412,160
Total Fundraising Expense$50,033
Grants and Similar Amounts Paid$10,950
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$532,036$141,876$35,469$709,381
Current Officers, Directors, Trustees, and Key Employees$94,875$25,300$6,325$126,500
Fees for Services Other$97,029--$97,029
Payroll Taxes$51,169$13,645$3,411$68,225
Other Employee Benefits$49,006$13,068$3,267$65,341
Travel$28,576$27,455-$56,031
Office Expenses$17,350$16,670-$34,020
Fees for Services Accounting-$28,536-$28,536
Occupancy$20,088$5,357$1,340$26,785
Fees for Services Legal$18,091--$18,091
Advertising$14,757--$14,757
Grants to Domestic Individuals$10,950--$10,950
Information Technology$1,055$8,699-$9,754
All Other Expenses$8,629$884$221$9,734
Insurance-$9,098-$9,098
Fees for Services Management-$7,745-$7,745
Other Expenses$6,208$6,300-$6,208
Total Functional Expenses$1,035,212$307,312$50,033$1,392,557

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,392,557
Total Expenses per Audited Statements$1,392,557
Total Expenses per Form 990$1,392,557
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 2

Pamela egwuekwe serves as the k-12 program manager for codecrew. She is married to the executive director, meka egwuekwe.

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

The return preparer provided a copy of the final version of form 990 to the executive director, the board chair, and the board secretary before it was filed. Additionally, the executive director, board chair, and board secretary approved the return before it was filed.

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

The executive director and the board annually reviews and enforces the conflict of interest policy.

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.

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 written request.

Filing and Contact Details

Filer

Filer Name
Codecrew
EIN
47-4691807
Phone
9014844203
Address
88 UNION AVENUE 2ND FLOOR, MEMPHIS, TN 38103

Signing Officer

Name
Nnaemeka Egwuekwe Jr
Title
Executive Director
Phone
9014844203
Signed
2020-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nnaemeka Egwuekwe Jr
Formed
2015
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
4
Employees
12
Volunteers
75

Preparer

Firm
Henderson Hutcherson & Mccullough Pllc
Address
1755 KIRBY PARKWAY SUITE 200, MEMPHIS, TN 38120
Preparer
Jason Martin
Phone
9016834234
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization follows the accounting guidance for uncertainty in income taxes using the provisions of financial accounting standards board ("fasb") accounting standards codification ("asc") 740, income taxes. Based on its evaluation, the organization has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. The organization's evaluation was performed for the tax years ended june 30, 2016 through june 30, 2019, for u.s federal income tax. These are the years which remain subject to examination as of june 30, 2019.

Raw XML AppendixShowing 400 of 407 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0413292
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES. BASED ON ITS EVALUATION, THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE ORGANIZATION'S EVALUATION WAS PERFORMED FOR THE TAX YEARS ENDED JUNE 30, 2016 THROUGH JUNE 30, 2019, FOR U.S FEDERAL INCOME TAX. THESE ARE THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF JUNE 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0CODECREW SCHOOL SCHOLARSHIPS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAMELA EGWUEKWE SERVES AS THE K-12 PROGRAM MANAGER FOR CODECREW. SHE IS MARRIED TO THE EXECUTIVE DIRECTOR, MEKA EGWUEKWE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN PREPARER PROVIDED A COPY OF THE FINAL VERSION OF FORM 990 TO THE EXECUTIVE DIRECTOR, THE BOARD CHAIR, AND THE BOARD SECRETARY BEFORE IT WAS FILED. ADDITIONALLY, THE EXECUTIVE DIRECTOR, BOARD CHAIR, AND BOARD SECRETARY APPROVED THE RETURN BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR AND THE BOARD ANNUALLY REVIEWS AND ENFORCES THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
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 C, LINE 19
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IRS990/WebsiteAddressTxt0WWW.CODE-CREW.ORG
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ReturnHeader/BusinessOfficerGrp/PersonNm0NNAEMEKA EGWUEKWE JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/FilingSecurityInformation/IPTm015:52:12
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HENDERSON HUTCHERSON & MCCULLOUGH PLLC
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