Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
EIN 81-4604206 • 501(c)3 • New York, NY
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
5th percentile
Higher net margin than 5% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
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
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Alexandra Clare | CEO | FT | $122,316 | $122,316 |
| Marcello Bonatto | COO | FT | $122,316 | $122,316 |
| Name | Title |
|---|---|
| Evanna Hu | Board Member |
| Rajesh Chalamalasetti | Board Member |
| Siret Unsal | Board Member |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $836,690 |
| Total Expenses per Audited Statements | $836,690 |
| Total Expenses per Form 990 | $836,690 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Middle East and North Africa | Program services | Iraq-Digital trng | 1 | 9 | $85,398 |
| Africa | Program services | South Africa-Digital trng | 1 | 1 | $69,773 |
| United Kingdom | Program services | UK-Digital Training | 1 | 1 | $34,935 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Professional Fundraising Fees | $0 |
“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.”
“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.”
“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.”
“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.”
“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.”
“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.”
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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|---|---|---|
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 20 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 25581 |
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| IRS990/Desc | 0 | Re:Coded provides education and workforce development programs that prepare individuals from underserved and conflict-affected communities for sustainable careers in the digital economy. During the 2024?2025 fiscal year, Re:Coded enrolled 4,464 learners in total, including 208 participants in immersive bootcamps and 4,256 students in shorter Digital Futures courses across more than fifteen countries. Through its programs, Re:Coded delivers advanced technical, professional, and career-readiness training and maintains a graduate job placement rate of 87%. |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
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| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 699 |
| IRS990/ForeignOfficeInd | 0 | true |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part VI Line 15b |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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