Cdc Education Foundation
- Assets
- $120.4k
- Revenue
- $29.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, SC
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-4640179
Organization Overview
Cdc Education Foundation is located in Charleston, SC. The organization was established in 2015. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cdc Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cdc Education Foundation generated $29.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $179.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (57.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CODECAMP IS A TRAINING PROGRAM DESIGNED TO PROVIDE STUDENTS OF ALL AGES, RANGING FROM 13-65 YEARS OLD, WITH THE TOOLS THEY NEED TO BE CAREER-READY BY DEVELOPING HIGH TECH SOFTWARE SKILLS, WITH AN ADDED FOCUS ON MENTORSHIP AND NETWORKING. CODECAMP'S SOFTWARE DEVELOPMENT COURSES FOCUS ON INDUSTRY APPROVED WEB SOFTWARE TECHNOLOGIES. COURSES ARE A COMBINATION OF LECTURE AND HANDS-ON LEARNING, AND ARE LIMITED TO FOURTEEN STUDENTS. THIS LIMITED SIZE PROVIDES STUDENTS WITH THE ABILITY TO GAIN REAL-WORLD EXPERIENCE AND RECEIVE PERSONAL ATTENTION FROM THE TEACHING STAFF. KEY COMPONENTS OF THE COURSE OFFERINGS ARE: HANDS ON TRAINING, MENTORSHIP BY INDUSTRY PROFESSIONALS, NETWORKING EVENTS TO CONNECT STUDENTS WITH THE INDUSTRY, LOW-COST SCHOLARSHIP OPPORTUNITIES, AND COMMUNITY-SOURCED VETTED CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirk King Chairman & Treasurer | OfficerTrustee | 0.5 | $0 |
Will Gregg Vice Chairman & Secretary | OfficerTrustee | 0.5 | $0 |
Ernest Andrade Executive Director | Officer | 0.5 | $0 |
Sebastian Van Delden Board Member | Trustee | 0.5 | $0 |
Graham Smith Board Member | Trustee | 0.5 | $0 |
Shea Harrelson Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,745 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,745 |
| Total Program Service Revenue | $4,055 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $179 |
| Total functional expenses | $179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,495 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $1,899 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $120,394 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $57,394 |
| Net assets with donor restrictions | $63,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $120,394 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nc Idea Durham, NC | $0 | -$1,424,982 |
Real Estate Standards Organization Raleigh, NC | $3,130,508 | $3,018,827 |
Information Technology Alliance Inc Raleigh, NC | $454,867 | $819,469 |
Fedora Commons Inc Atlanta, GA | $0 | $1,039,056 |
The Widernet Project Durham, NC | $32,201 | $121,970 |
South Carolina Information Technology Directors Association Columbia, SC | $250,718 | $94,276 |
Data Science Initiative Duluth, GA | $1,973 | $10,494 |
Dnn Association Inc Raleigh, NC | $93,948 | $0 |
National Science Center Foundation Inc Augusta, GA | $883,855 | $0 |
Open Metaverse Federation Raleigh, NC | $32,339 | $0 |
Cdc Education Foundation Charleston, SC | $120,394 | $29,800 |