Miami Edtech Inc
- Assets
- $154.9k
- Revenue
- $657.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Miami, FL
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 83-0907475
Organization Overview
Miami Edtech Inc is located in Miami, FL. The organization was established in 2018. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2023, Miami Edtech Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miami Edtech 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 12/2023, Miami Edtech Inc generated $657.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $772.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE AIM TO CLOSE THE SKILLS GAP AND IMPROVE ECONOMIC OPPORTUNITIES FOR OUR COMMUNITY THROUGH COMPUTER SCIENCE ADVOCACY AND INTEGRATION, DIGITAL SKILLING AND WORKFORCE DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIAMI EDTECH PROVIDES EDUCATORS, COMMUNITY MEMBERS, AND STUDENTS WITH THE TOOLS THEY NEED TO LAUNCH EXCITING CAREERS IN THE FAST GROWING, WELL-PAYING WORLD OF COMPUTER SCIENCE. OVER THE PAST YEAR, WE'VE WORKED WITH TEACHERS, STUDENTS, AND THE COMMUNITY TO HELP MAKE COMPUTER SCIENCE A PATHWAY THROUGH TRAINING, PROFESSIONAL DEVELOPMENT, AND CURRICULUM DEVELOPMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juan Carlos Vazquez President & CEO | OfficerTrustee | 40 | $138,333 |
Justin Pinn Chairman | Trustee | 2 | $0 |
Evan Leaphart Vice-Chair | Trustee | 2 | $0 |
Lacriscia Fowlkes Treasurer | Trustee | 2 | $0 |
Max Ringelheim Director | Trustee | 2 | $0 |
Sanjay Jhav Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $323,849 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,349 |
| Total Program Service Revenue | $314,965 |
| 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 | $657,314 |
| 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. | $138,333 |
| Compensation of current officers, directors, key employees. | $69,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,712 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,114 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,406 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $302,174 |
| Advertising and promotion | $27,648 |
| Office expenses | $82,118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,139 |
| Travel | $18,980 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,107 |
| Interest | $2,416 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,588 |
| Insurance | $403 |
| All other expenses | $0 |
| Total functional expenses | $772,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,990 |
| 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 | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,946 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $154,936 |
| Accounts payable and accrued expenses | $14,839 |
| 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 | $14,839 |
| Net assets without donor restrictions | $140,097 |
| 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 | $154,936 |