Software Education Foundation
- Assets
- $3.7m
- Revenue
- $224.5k
- Investments
- $2.1m
- Employees
- 4
- Location
- Washington, DC
- Founding
- 10/2017
- Data as of
- 09/2021
- EIN
- 81-4001808
Organization Overview
Software Education Foundation is located in Washington, DC. The organization was established in 2017. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. As of 09/2021, Software Education Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Software 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 09/2021, Software Education Foundation generated $224.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $946.5k during the year ending 09/2021. 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
THE FOUNDATION'S MISSION IS TO INFORM THE PUBLIC ON THE ECONOMIC AND SOCIETAL CONTRIBUTIONS OF SOFTWARE, ADVANCE OPPORTUNITIES FOR STEM EDUCATION, AND BROADEN UNDERSTANDING OF SOFTWARE-RELATED ELEMENTS OF STEM EDUCATION AND THE IMPORTANCE OF SOFTWARE TO POLICY GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND PUBLICATION: SOFTWARE.ORG PUBLISHES STUDIES AND DEVELOPS REPORTS THAT EXPLAIN CUTTING-EDGE TECHNOLOGIES BEFORE THEY BECOME MAINSTREAM; HIGHLIGHT THE ECONOMIC AND EMPLOYMENT BENEFITS THAT THE SOFTWARE INDUSTRY PROVIDES TO THE OVERALL ECONOMY; AND EXAMINE THE INTERSECTION OF SOFTWARE AND SOCIETY BY DEMONSTRATING THE POTENTIAL CHANGES THAT SOFTWARE-ENABLED TECHNOLOGY WILL PROVIDE.
STEM EDUCATION: SOFTWARE.ORG ENCOURAGES A DIVERSE COMMUNITY OF CODERS AND WORKS TO INCREASE OPPORTUNITIES FOR TRAINING AND SKILLS BY DIRECTLY SUPPORTING PHILANTHROPIC EFFORTS AIMED TO ENCOURAGE GIRLS AND MINORITIES TO ENTER THE SOFTWARE WORKFORCE.
PUBLIC EDUCATION: SOFTWARE.ORG DEVELOPS AND EXECUTES EDUCATIONAL EVENTS IN ORDER TO ENGAGE WITH POLICYMAKERS AND THE PUBLIC TO EXAMINE THE LEGAL, EDUCATIONAL, AND ECONOMIC ENVIRONMENT THAT WILL ENABLE SOCIETY TO BEST TAKE ADVANTAGE OF CUTTING-EDGE TECHNOLOGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Hopfensperger Executive Director | Officer | 40 | $350,880 |
Jace Johnson Chair | OfficerTrustee | 2 | $0 |
Victoria Espinel Director/president | Officer | 1 | $0 |
Adam Coates Secretary | Officer | 1 | $0 |
Joseph Desalvio Treasurer | Officer | 1 | $0 |
Ha Mcneill Secretary Thru 4/2/21 | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The German Marshall Fund Of The Uni Conference | 12/30/18 | $157,413 |
The Washington Post Conference | 12/30/18 | $150,000 |
Rp3 Agency Website | 12/30/18 | $110,550 |
Real Clear Holdings Convention | 12/30/18 | $120,000 |
The Economist Group Limited Research/publication | 12/30/18 | $122,667 |
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 | $50,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Investment income | $108,323 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $66,148 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,471 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
| 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. | $426,933 |
| Compensation of current officers, directors, key employees. | $21,347 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,154 |
| Pension plan accruals and contributions | $16,018 |
| Other employee benefits | $26,932 |
| Payroll taxes | -$30,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,346 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,004 |
| Fees for services: Other | $160,988 |
| Advertising and promotion | $0 |
| Office expenses | $1,338 |
| Information technology | $23,564 |
| Royalties | $0 |
| Occupancy | $57,928 |
| Travel | $9,003 |
| 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 | $13,643 |
| All other expenses | $5,718 |
| Total functional expenses | $946,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $133,655 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,908 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,698 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,504,312 |
| Investments—other securities | $2,063,989 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,745 |
| Total assets | $3,747,307 |
| Accounts payable and accrued expenses | $84,184 |
| 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 | $1,138,514 |
| Total liabilities | $1,222,698 |
| Net assets without donor restrictions | $2,524,609 |
| Net assets with donor restrictions | $0 |
| 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 | $3,747,307 |
Grants Awarded
Over the last fiscal year, Software Education Foundation has awarded $97,205 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY | | $84,705 |
Washington, DC | | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Software Education Foundation has recieved totaling $1,850,004.
| Awarding Organization | Amount |
|---|---|
B S A Business Software Alliance Washington, DC PURPOSE: GENERAL SUPPORT | $1,850,004 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Innovation Partnership Corporation Herndon, VA | $80,085,835 | $76,061,606 |
Association For The Advancement Of Artificial Intelligence Washington, DC | $19,385,955 | $5,665,964 |
Corporation For National Research Initiatives Reston, VA | $8,623,101 | $3,063,779 |
National Information Standards Organization Z39 Baltimore, MD | $521,877 | $1,172,715 |
Software Education Foundation Washington, DC | $3,747,307 | $224,471 |
Csra Inc Veba Tr Reston, VA | $2,257,065 | $668,158 |
Standard Performance Evaluation Corporation Gainesville, VA | $3,321,624 | $829,986 |
Mid-Atlantic Research Infrastructure Alliance Blacksburg, VA | $1,655,387 | $558,133 |
World Information Technology And Services Alliance Fairfax, VA | $97,179 | $57,997 |
Us Technology Leadership Council Alexandria, VA | $119,120 | $235,609 |
Institute For The Analysis Of Global Security Gaithersburg, MD | $49,854 | $0 |
Coalition For Academic Scientific Computation Inc Washington, DC | $715,158 | $298,082 |