Civic Intelligence

Recoded Co

EIN 81-4604206 • 501(c)3 • New York, NY

Pub. 78 Eligible990-N CoverageNTEE O50

Profile

Re:Coded equips individuals from underserved and conflict-affected communities with digital, professional, and technical skills to build sustainable careers and access opportunities in the global digital economy.

1178 Broadway Floor 2 1033New York, NY 10001

www.re-coded.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.01x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

69th percentile

0.01x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

5th percentile

-301%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Source year 2025

Revenue Growth

Score unavailable

No value available

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

Source year 2025

Assets

Down

$308,803

Down $679,042 (-69%) from 2024

Liabilities

Down

$2,480

Down $501,885 (-100%) from 2024

Net Assets

Down

$306,323

Down $177,157 (-37%) from 2024

Revenue

Down

$208,688

Down $1,668,784 (-89%) from 2024

Expenses

Down

$836,690

Down $1,508,863 (-64%) from 2024

Net Income

Down

-$628,002

Down $159,921 (-34%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2018: $54,208Liabilities 2018: $201Net Assets 2018: $54,0062018Assets 2020: $421,440Liabilities 2020: $0Net Assets 2020: $421,4402020Assets 2021: $894,333Liabilities 2021: $80,361Net Assets 2021: $813,9722021Assets 2022: $788,364Liabilities 2022: $91,140Net Assets 2022: $697,2242022Assets 2023: $1,755,955Liabilities 2023: $804,394Net Assets 2023: $951,5612023Assets 2024: $987,845Liabilities 2024: $504,365Net Assets 2024: $483,4802024Assets 2025: $308,803Liabilities 2025: $2,480Net Assets 2025: $306,3232025

Highlighted filing

2025

Assets$308,803
Liabilities$2,480
Net Assets$306,323

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2018: $471,971Expenses 2018: $419,125Net Income 2018: $52,8462018Revenue 2020: $1,222,048Expenses 2020: $1,173,244Net Income 2020: $48,8042020Revenue 2021: $2,128,822Expenses 2021: $1,736,290Net Income 2021: $392,5322021Revenue 2022: $2,315,591Expenses 2022: $2,432,339Net Income 2022: -$116,7482022Revenue 2023: $3,387,598Expenses 2023: $3,133,261Net Income 2023: $254,3372023Revenue 2024: $1,877,472Expenses 2024: $2,345,553Net Income 2024: -$468,0812024Revenue 2025: $208,688Expenses 2025: $836,690Net Income 2025: -$628,0022025

Highlighted filing

2025

Revenue$208,688
Expenses$836,690
Net Income-$628,002

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 21, 2025
Return Version
2024v5.1
Gross Receipts
$208,688
Mission and Program Overview

Mission

Re:Coded equips individuals from underserved and conflict-affected communities with digital, professional, and technical skills to build sustainable careers and access opportunities in the global digital economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$265,000$267,647▲ $2,647
Cash and Non-Interest-Bearing Accounts$25,000$25,581▲ $581
Pledges and Grants Receivable$25,000$14,145▼ $10,855
Prepaid Expenses and Deferred Charges$1,500$1,430▼ $70
Land, Buildings, and Equipment, Net-$0-
Total Assets$316,500$308,803▼ $7,697
Liabilities
Deferred Revenue$500,042--
Accounts Payable and Accrued Expenses$5,000$4,035▼ $965
Other Liabilities$-1,500$-1,555▼ $55
Total Liabilities$503,542$2,480▼ $501,062
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-187,042$306,323▲ $493,365
Total Net Assets Fund Balance$-187,042$306,323▲ $493,365
Total Liabilities and Net Assets / Fund Balance$316,500$308,803▼ $7,697
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Alexandra ClareCEOFT$122,316$122,316
Marcello BonattoCOOFT$122,316$122,316

Board Members and Trustees

NameTitle
Evanna HuBoard Member
Rajesh ChalamalasettiBoard Member
Siret UnsalBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$190,615
Program Service Revenue
$0
Investment Income
$17,959
Other Revenue
$114
All Other Contributions
$105,217
Change in Net Assets
$-628,002

Audited Revenue Reconciliation

Revenue per Audited Statements
$208,688
Total Revenue per Audited Statements
$208,688
Total Revenue per Form 990
$208,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$733,908
Other Expenses$102,083
Grants and Similar Amounts Paid$699
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$436,657$48,518-$485,174
Current Officers, Directors, Trustees, and Key Employees$220,169$24,463-$244,632
Fees for Services Other$54,268--$54,268
Fees for Services Accounting$20,000$7,875-$27,875
Information Technology-$15,397-$15,397
Other Employee Benefits$3,692$410-$4,102
Office Expenses-$1,880-$1,880
Fees for Services Legal-$1,349-$1,349
Travel$1,294--$1,294
Foreign Grants$699--$699
Advertising$20--$20
Total Functional Expenses$736,799$99,892$0$836,690

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$836,690
Total Expenses per Audited Statements$836,690
Total Expenses per Form 990$836,690
International Activity

International Summary

Offices
3
Employees
11
Spending
$190,106

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram servicesIraq-Digital trng19$85,398
AfricaProgram servicesSouth Africa-Digital trng11$69,773
United KingdomProgram servicesUK-Digital Training11$34,935
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

02. Form 990 governing body review (Part VI, line 11) Once Form 990 has been prepared and approved by the CEO, a copy of the form 990 is forwarded to all seated board members prior to filing with the IRS.

Part VI Line 2

01. Officer, directors, etc. family relationship (Part VI, line 2) The Founders of Re:Coded, Chief Executive Officer Alexandra Clare and Chief Operating Officer Marcello Bonatto have been married since August 2016, before the establishment of the organization.

Part VI Line 12C

03. Conflict of interest policy compliance (Part VI, line 12c) In connection with any actual or possible conflict of interest, any director, officer, key employee, or member of the governing board must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of The Governing Board. The Conflict of Interest Policy is a mandatory read for all employees at Re:Coded. Each employee shall confirm that they: A Have received a copy of The Conflict of Interest Policy B Have read and understood The Conflict of Interest Policy C Have agreed to comply with The Conflict of Interest Policy D Understand the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purpose In addition, upon the start of employment and at any point during employment, employees shall disclose or update their interests that could give rise to a conflict of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations and those of family members. If The Governing Board determines that there is a conflict of interest, The Governing Board shall follow the procedures outlined below: A. The Chairperson of The Governing Board shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. B. After exercising due diligence, The Governing Board shall determine whether The Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. C. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, The Governing Board shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in The Organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.

Part VI Line 15B

04. CEO, executive director, top management comp (Part VI, line 15a) The process includes the following steps: (1) Advance approval by the independent Board of Directors (2) Use of appropriate comparability data 1. Advance review - The Board of Directors shall review and approve compensation arrangements in advance, provided that persons with a conflict of interest with respect to a given compensation arrangement do not participate in the review or approval of such compensation arrangement. Additionally, The Chair of The Board signs the employment agreement and its amendments of all C-level employees. 05. Other officer or key employee compensation (Part VI, line 15b Comparability Data - to determine reasonable compensation, The Board shall obtain and rely on appropriate comparability data, including, but not limited to: (a) Compensation levels paid by similarly situated organizations, both taxable and tax-exempt, for functionally comparable positions; (b) The availability of similar services in the geographic area of The Organization; and (c) Current compensation surveys compiled by the independent firms.

Part VI Line 19

06. Governing documents, etc, available to public (Part VI, line 19) Re:Coded's Governing Documents and Conflict of Interest Policy are available to the public upon request by emailing [email protected]. The Form 990, audit reports, and financial statements are available at www.re-coded.com.

Filing and Contact Details

Filer

Filer Name
Re Coded Co
EIN
81-4604206
Phone
6462203023
Address
1178 Broadway Floor 2 1033, New York, NY 10001
Doing Business As
ReCoded

Signing Officer

Name
Alexandra Clare
Title
CEO
Phone
6462203023
Signed
2025-11-21

Organization Details

Principal Officer
Alexandra Clare
Formed
2016
Legal Domicile
De
Voting Board Members
4
Independent Board Members
3
Employees
31
Supplemental Narrative

Additional Explanations

Part I Line 1

Re:Coded equips individuals from underserved and conflict-affected communities with digital, professional, and technical skills to build sustainable careers and access opportunities in the global digital economy.

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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/ExplanationTxt002. Form 990 governing body review (Part VI, line 11) Once Form 990 has been prepared and approved by the CEO, a copy of the form 990 is forwarded to all seated board members prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Re:Coded equips individuals from underserved and conflict-affected communities with digital, professional, and technical skills to build sustainable careers and access opportunities in the global digital economy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt201. Officer, directors, etc. family relationship (Part VI, line 2) The Founders of Re:Coded, Chief Executive Officer Alexandra Clare and Chief Operating Officer Marcello Bonatto have been married since August 2016, before the establishment of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt303. Conflict of interest policy compliance (Part VI, line 12c) In connection with any actual or possible conflict of interest, any director, officer, key employee, or member of the governing board must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of The Governing Board. The Conflict of Interest Policy is a mandatory read for all employees at Re:Coded. Each employee shall confirm that they: A Have received a copy of The Conflict of Interest Policy B Have read and understood The Conflict of Interest Policy C Have agreed to comply with The Conflict of Interest Policy D Understand the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purpose In addition, upon the start of employment and at any point during employment, employees shall disclose or update their interests that could give rise to a conflict of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations and those of family members. If The Governing Board determines that there is a conflict of interest, The Governing Board shall follow the procedures outlined below: A. The Chairperson of The Governing Board shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. B. After exercising due diligence, The Governing Board shall determine whether The Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. C. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, The Governing Board shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in The Organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt404. CEO, executive director, top management comp (Part VI, line 15a) The process includes the following steps: (1) Advance approval by the independent Board of Directors (2) Use of appropriate comparability data 1. Advance review - The Board of Directors shall review and approve compensation arrangements in advance, provided that persons with a conflict of interest with respect to a given compensation arrangement do not participate in the review or approval of such compensation arrangement. Additionally, The Chair of The Board signs the employment agreement and its amendments of all C-level employees. 05. Other officer or key employee compensation (Part VI, line 15b Comparability Data - to determine reasonable compensation, The Board shall obtain and rely on appropriate comparability data, including, but not limited to: (a) Compensation levels paid by similarly situated organizations, both taxable and tax-exempt, for functionally comparable positions; (b) The availability of similar services in the geographic area of The Organization; and (c) Current compensation surveys compiled by the independent firms.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt506. Governing documents, etc, available to public (Part VI, line 19) Re:Coded's Governing Documents and Conflict of Interest Policy are available to the public upon request by emailing [email protected]. The Form 990, audit reports, and financial statements are available at www.re-coded.com.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-21
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ReturnHeader/ReturnTs02025-11-21T11:05:42-05:00
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ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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