Cultivating Coders Inc
- Assets
- $53.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Albuquerque, NM
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-1235375
Organization Overview
Cultivating Coders Inc is located in Albuquerque, NM. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultivating Coders Inc 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, Cultivating Coders Inc generated $160.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $191.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OUR ENTIRE MODEL WAS BUILT TO PROVIDE HIGH-LEVEL COMPUTER SCIENCE EDUCATION TO BIPOC YOUTH WHO ARE OFTEN LEFT OUT OF CERTAIN SECTORS. OUR COMMITMENT TO RACIAL EQUITY IS UBIQUITOUS IN NOT JUST OUR DESIGN, BUT ALSO IN OUR PROGRAMMING. SEVEN YEARS OF DATA COLLECTION SHOWS OUR COMMITMENT TO INCLUSIVITY IN COMPUTER SCIENCE SPACES: 100% OF OUR GRADUATES COME FROM OVERLOOKED COMMUNITIES AND ARE CONSIDERED MINORITIES. WE HAVE A PROVEN TRACK RECORD OF ATTRACTING AND RETAINING YOUNG PEOPLE OF COLOR, WITH 91% OVERALL COMPLETION AND 31% HISPANIC PARTICIPATION, 27% NATIVE AMERICAN PARTICIPATION, AND 42% AFRICAN AMERICAN PARTICIPATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Ashley III President & CEO | 40 | $0 | |
Daniel Gutierrez Vice President | 4 | $0 | |
Larry Charles Treasurer | 4 | $0 | |
Charles Duncan Chairman | 4 | $0 | |
Dominic Cummings Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $52 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,052 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,500 |
| Professional fees and other payments to independent contractors | $131,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,437 |
| Total expenses | $191,137 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,913 |
| Other assets | $0 |
| Total assets | $53,576 |
| Total liabilities | $21,819 |
| Net assets or fund balances | $31,757 |