Comp-U-Dopt Inc is located in Houston, TX. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Comp-U-Dopt Inc employed 173 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comp-U-Dopt 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, Comp-U-Dopt Inc generated $25.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 44.2% each year . All expenses for the organization totaled $21.3m during the year ending 12/2023. While expenses have increased by 41.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING TECHNOLOGY ACCESS AND EDUCATION TO UNDERSERVED YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPUTER ADOPTION - WE HOST COMMUNITY-BASED EVENTS TO DISTRIBUTE RECENTLY RETIRED CORPORATE COMPUTERS THAT HAVE BEEN RECONDITIONED. THE COMPUTER ADOPTION PROGRAM IS HIGHLY EFFICIENT, ALLOWING US TO DISTRIBUTE HUNDREDS OF DEVICES IN JUST A FEW HOURS. DISTRIBUTION EVENTS ARE HELD IN PARTNERSHIP WITH COMMUNITY-BASED ORGANIZATIONS, BRINGING DEVICES TO THE NEIGHBORHOODS THAT ARE MOST IN NEED AND ELIMINATING BARRIERS OF TIME AND TRANSPORTATION. THE COMPUTERS ARE FREE TO RECIPIENTS. TO QUALIFY FOR A COMPUTER, A FAMILY MUST NOT HAVE ACCESS TO A WORKING COMPUTER AT HOME AND MUST HAVE A CHILD IN PRE-K-12 EDUCATION (UP TO AGE 26). FAMILIES ARE THEN SELECTED TO RECEIVE A COMPUTER THROUGH A LOTTERY SYSTEM. COMPUTERS COME WITH TWO YEARS OF FREE TECH SUPPORT.COMPUDOPT HAS BEEN IN THE DEVICE ACCESS AND DIGITAL INCLUSION SECTOR FOR OVER 16 YEARS WITH AN EVIDENCE-BASED RECORD OF SUCCESSFULLY DEPLOYING TENS OF THOUSANDS OF COMPUTERS TO UNDER-RESOURCED COMMUNITIES ACROSS THE COUNTRY. TO SATISFY THE DEMAND FOR DEVICES, COMPUDOPT HAS DEVELOPED THE INTERNAL CAPACITY TO COLLECT, REFURBISH, AND REDISTRIBUTE SURPLUS AND RETIRED COMPUTERS FROM SEVERAL PHYSICAL SITES IN THE U.S.
CONNECTIVITY - CONNECTIVITY IS A CRITICAL COMPONENT TO SOLVING THE DIGITAL DIVIDE. COMPUDOPT OFFERS A SUSTAINABLE AND LONG-TERM CONNECTIVITY SOLUTION FOR COMMUNITIES. THIS TECHNOLOGY INFRASTRUCTURE ALLOWS HOUSEHOLDS THE OPPORTUNITY TO CONNECT FOR FREE TO 50MBS DOWNLOAD SPEED ENABLING EVERY INDIVIDUAL FAMILY MEMBER TO ACCESS DISTANCE LEARNING, VIRTUAL ENRICHMENT, TELEHEALTH, APPLY FOR JOBS, UPSKILL, AND ACCESS THE WEALTH OF OTHER SERVICES AVAILABLE ONLY ONLINE. OUR GOAL IS TO HELP THE MOST UNDER-CONNECTED GET QUALITY SERVICE. WE KNOW THAT IT'S MORE THAN JUST AFFORDABILITY THAT CAN HOLD FAMILIES BACK FROM ACCESS; IT'S ABOUT TRUST, RELEVANCE, AND SUSTAINABILITY. WE'VE SEEN THAT SIMPLY TAKING THE TIME TO REALLY LISTEN TO OUR COMMUNITY MEMBERS AND PROVIDING HANDS-ON CASE MANAGEMENT SUBSTANTIALLY INCREASES THEIR CONFIDENCE AND ABILITY TO GET CONNECTED.
TECH EDUCATION - WE TEACH HANDS-ON CURRICULUM-BASED PROGRAMS TO 1ST-12TH GRADE STUDENTS ON SCHOOL CAMPUSES AND AT COMMUNITY SITES, BUILDING THEIR CONFIDENCE IN USING NEW TECHNOLOGIES AND HELPING THEM DEVELOP SKILLS ALIGNED WITH HIGH-DEMAND CAREERS. EACH COHORT SERVES UP TO 15 STUDENTS AND THEY ATTEND ONE TO TWO SESSIONS PER WEEK OVER 10-12 WEEKS OR CAMP SESSIONS OVER SCHOOL BREAKS FOR 20-25 HOURS. EACH STUDENT WHO GRADUATES FROM OUR 3RD-12TH GRADE PROGRAMS RECEIVES A FREE COMPUTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carlyn Burton Director | Trustee | 1 | $0 |
John Osha President | Trustee | 1 | $0 |
Brian Williams Vice President | Trustee | 1 | $0 |
Kimberly Penn Director | Trustee | 1 | $0 |
Varun Babbili Director | Trustee | 1 | $0 |
Scott Harlan Secretary | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $116,254 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $24,546,310 |
Noncash contributions included in lines 1a–1f | $3,446,694 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,662,564 |
Total Program Service Revenue | $211,803 |
Investment income | $258,600 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $10,424 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,143,391 |
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 | $4,495,487 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $282,531 |
Payroll taxes | $385,622 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $118,517 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $195,511 |
Advertising and promotion | $0 |
Office expenses | $87,959 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $460,733 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $44,850 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $176,166 |
Insurance | $62,870 |
All other expenses | $272,201 |
Total functional expenses | $21,292,840 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,823,418 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,520,562 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,629,125 |
Prepaid expenses and deferred charges | $638,917 |
Net Land, buildings, and equipment | $4,565,626 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $555,778 |
Total assets | $20,733,426 |
Accounts payable and accrued expenses | $897,522 |
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 | $1,482,184 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $628,606 |
Total liabilities | $3,008,312 |
Net assets without donor restrictions | $0 |
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 | $17,725,114 |
Total liabilities and net assets/fund balances | $20,733,426 |