Mississippi Coding Academies
- Assets
- $83.0k
- Revenue
- $621.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 09/2019
- Data as of
- 06/2022
- EIN
- 82-2130620
Organization Overview
Mississippi Coding Academies is located in Jackson, MS. The organization was established in 2019. 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. Mississippi Coding Academies 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 06/2022, Mississippi Coding Academies generated $621.6k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $686.6k during the year ending 06/2022. While expenses have increased by 7.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR CHARTER IS TO OFFER A NONTRADITIONAL PATH TO CREATE NEW AND DIVERSE SOFTWARE PROFESSIONALS AND OFFER IMPROVED ECONOMIC OPPORTUNITY FOR MISSISSIPPIANS, PARTICULARLY THE DISADVANTAGED AND UNDERSERVED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSISSIPPI CODING ACADEMIES HAD A PRODUCTIVE YEAR SUMMARIZED AS FOLLOWS: - AVERAGE STARTING SALARIES OF 40,000 A YEAR SETTING THE STAGE FOR DOUBLE TO FIVE TIMES MORE WITH ADDITIONAL TRAINING AND WORKPLACE EXPERIENCE - 83 PERCENT EMPLOYMENT PLACEMENT IN TECH - A GREATER THAN 60 PERCENT COMPLETION RATE FOR THE RIGOROUS 11 MONTH PROGRAM. - CROSSED THE THRESHOLD OF 100 INDIVIDUALS, PRIMARILY UNDERSERVED YOUTH, CERTIFIED AS FULL-STACK CODERS - EMPLOYER PARTNERS RANGING FROM SMALL AND LARGE COMPANIES TO STARTUPS, GOVERNMENT AGENCIES, RESEARCH LABS, AND NONPROFITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Jeff Treasurer | Officer | 5 | $0 |
Mike Forster Chairman | Officer | 5 | $0 |
Joe Donovan Board Member | Trustee | 1 | $0 |
Willie Jones Board Member | Trustee | 1 | $0 |
Eric Hill Board Member | Trustee | 1 | $0 |
Dr Sarah Lee Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $241,852 |
| All other contributions, gifts, grants, and similar amounts not included above | $328,766 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $570,618 |
| Total Program Service Revenue | $0 |
| 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 | $621,594 |
| 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 | $363,776 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $71,617 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,655 |
| Advertising and promotion | $2,200 |
| Office expenses | $23,030 |
| Information technology | $14,988 |
| Royalties | $0 |
| Occupancy | $74,111 |
| Travel | $9,396 |
| 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 | $2,963 |
| All other expenses | $0 |
| Total functional expenses | $686,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,277 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $77,004 |
| 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 | $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 | $700 |
| Total assets | $82,981 |
| Accounts payable and accrued expenses | $79,108 |
| 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 | $79,108 |
| Net assets without donor restrictions | $3,873 |
| 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 | $82,981 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mississippi Coding Academies has recieved totaling $24.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mississippi Coding Academies Jackson, MS | $82,981 | $621,594 |
Machinery Information Management Open Systems Alliance Tuscaloosa, AL | $29,832 | $0 |
South Coast Code New Orleans, LA | $11,472 | $0 |
Mississippi Health Information Management Association Hattiesburg, MS | $124,407 | $58,963 |
Society For Management Information Systems Memphis, TN | $138,326 | $0 |
Excellence In Community Education And Economic Development Celina, TN | $74,584 | $0 |