Student Research And Development
- Assets
- $183.9k
- Revenue
- $224.8k
- Investments
- $0.0
- Employees
- 12
- Location
- Seattle, WA
- Founding
- 08/2009
- Data as of
- 06/2022
- EIN
- 26-4742589
Organization Overview
Student Research And Development, operating under the name CodeDay, is located in Seattle, WA. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, CodeDay employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. CodeDay 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, CodeDay generated $224.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $247.7k during the year ending 06/2022. While expenses have increased by 6.9% per year over the past 7 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
EDUCATION OF THE PUBLIC, PRIMARILY K-12 AND POSTSECONDARY STUDENTS, IN TECHNOLOGY AND ENGINEERING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CODEDAY IS A 24-HOUR EVENT TO INTRODUCE AND EDUCATE NEWER STUDENTS IN COMPUTER SCIENCE AND PROGRAMMING. WE CONTINUED TO CODEDAY BOTH VIRTUALLY AND IN-PERSON. APPROXIMATELY 12,000 STUDENTS ATTENDED A CODEDAY DURING THE FISCAL YEAR, WITH APPROXIMATELY 68% FROM A BACKGROUND TRADITIONALLY UNDERREPRESENTED IN TECHNOLOGY.
WE CONTINUED TO OFFER OUR CODECUP CYBER SECURITY TRAINING, WHICH IS USUALLY OFFERED AS A PART OF CODEDAY, IN PARTNERSHIP WITH SCHOOLS AND AT OUR EVENTS, FOR A TOTAL OF APPROXIMATELY 2,000 STUDENTS.
CODEDAY LABS IS A SEMI-VIRTUAL SUMMER PROGRAM WHICH PROVIDES ONLINE CLASSES AND MENTORSHIP FOR STUDENTS ACROSS THE US. WE PROVIDED THE PROGRAM TO 300 STUDENTS AT THE BEGINNING OF THIS FISCAL YEAR, WITH APPROXIMATELY 65% FROM A BACKGROUND TRADITIONALLY UNDERREPRESENTED IN TECHNOLOGY
OUR ONLINE COMMUNITY CONNECTS EVENT PARTICIPANTS ACROSS THE US TO PROVIDE ONGOING MENTORSHIP AND TECHNICAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyler Menezes Executive Director And Board Member | OfficerTrustee | 50 | $60,000 |
Tj Horner Board Member | Trustee | 1 | $0 |
Anthony Toreson Board Member | Trustee | 1 | $0 |
Fisher Adelakin Board Member | Trustee | 1 | $0 |
Adele Miller Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,189 |
| All other contributions, gifts, grants, and similar amounts not included above | $117,381 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,570 |
| Total Program Service Revenue | $90,062 |
| Investment income | $2,209 |
| 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 | $224,841 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $6,780 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,541 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,039 |
| Fees for services: Management | $14,174 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,270 |
| Office expenses | $7,810 |
| Information technology | $7,163 |
| Royalties | $0 |
| Occupancy | $5,575 |
| Travel | $21,261 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $531 |
| Interest | $6,437 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,376 |
| All other expenses | $4,595 |
| Total functional expenses | $247,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,856 |
| Savings and temporary cash investments | $167,086 |
| 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 | $0 |
| Investments—publicly traded securities | $5 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $183,947 |
| Accounts payable and accrued expenses | $6,424 |
| 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 | $87,437 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $93,861 |
| Net assets without donor restrictions | $90,086 |
| 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 | $183,947 |