Mission Bit
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 28
- Location
- San Francisco, CA
- Founding
- 10/2012
- Data as of
- 12/2021
- EIN
- 46-0945785
Organization Overview
Mission Bit is located in San Francisco, CA. The organization was established in 2012. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Mission Bit employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mission Bit 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 12/2021, Mission Bit generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.3% each year . All expenses for the organization totaled $776.2k during the year ending 12/2021. While expenses have increased by 35.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MISSION BIT EMPOWERS YOUNG INNOVATORS WHO REFLECT OUR DIVERSITY TO BECOME LEADERS OF THE GLOBAL TECHNOLOGY REVOLUTION, DEVELOPING SOLUTIONS THAT SERVE OUR WHOLE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSION BIT PROVIDES COMPUTER SCIENCE COURSES THAT EXPOSE HIGH SCHOOL STUDENTS FROM UNDERSERVED AND UNDERREPRESENTED COMMUNITIES TO MULTIPLE CODING LANGUAGES. WE DESIGN OUR CLASSROOMS WITH PROJECT BASED, SMALL GROUP, LEARNING IN MIND. FALL AND SPRING COURSES RUN FOR 13 WEEKS, 4 HOURS A WEEK. DURING THE SUMMER, WE RUN INTENSIVE INTRODUCTORY AND ADVANCED COURSES THAT LAST 6 WEEKS, RESPECTIVELY. IN ADDITION TO OUR CLASSES, WE OFFER STUDENTS A FIELD TRIP TO A BAY AREA TECH COMPANY, CAREER AND COLLEGE ADVISING RELATED TO THE TECHNOLOGY FIELD, AND AN OPPORTUNITY TO SHOWCASE THEIR GROUP PROJECTS TO A LARGE COMMUNITY OF SUPPORTERS DURING OUR DEMO DAY EVENT AT THE END OF THE TERM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Ortega Executive Director | Officer | 40 | $134,728 |
Sam Purtill Board Chair | OfficerTrustee | 2.5 | $0 |
Farid Vij Secretary | OfficerTrustee | 1 | $0 |
Jeff Schnitz Treasurer | OfficerTrustee | 1 | $0 |
Bob Ippilito Board Member | Trustee | 5 | $0 |
Abel Regalado Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $174,961 |
| Related organizations | $0 |
| Government grants | $703,341 |
| All other contributions, gifts, grants, and similar amounts not included above | $404,995 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,283,297 |
| 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 | -$93,220 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,193,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,328 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $134,727 |
| Compensation of current officers, directors, key employees. | $6,736 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $313,761 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,825 |
| Payroll taxes | $38,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $67,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,055 |
| Advertising and promotion | $3,322 |
| Office expenses | $6,935 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,735 |
| Travel | $2,906 |
| 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 | $2,361 |
| Insurance | $6,437 |
| All other expenses | $295 |
| Total functional expenses | $776,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $720,850 |
| Savings and temporary cash investments | $4,099 |
| Pledges and grants receivable | $437,226 |
| 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 | $8,932 |
| Net Land, buildings, and equipment | $3,542 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,174,649 |
| Accounts payable and accrued expenses | $0 |
| 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 | $125,098 |
| Total liabilities | $125,098 |
| Net assets without donor restrictions | $827,051 |
| Net assets with donor restrictions | $222,500 |
| 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 | $1,174,649 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Mission Bit has recieved totaling $98,306.
| Awarding Organization | Amount |
|---|---|
Tides Foundation San Francisco, CA PURPOSE: QUALITY EDUCATION | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,806 |
Affirm Cares San Francisco, CA PURPOSE: TECH EDUCATION & TRAINING | $10,000 |
Bay Area Community Resources San Rafael, CA PURPOSE: ADDRESS SOCIAL INJUSTICE IN SAN FRANCISCO | $10,000 |
Latino Community Foundation San Francisco, CA PURPOSE: CORE SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Common Sense Media San Francisco, CA | $40,167,265 | $41,899,008 |
Plusoneplusoneplusone San Francisco, CA | $5,684,709 | $11,808,551 |
Childrens Cancer Association Portland, OR | $5,324,937 | $6,576,998 |
Nevada Urban Indians Inc Reno, NV | $1,731,908 | $3,144,359 |
Wallowa Resources Enterprise, OR | $1,481,576 | $2,430,712 |
Maui County Community Television Inc Kahului, HI | $4,912,699 | $2,059,927 |
The Kuhn Foundation Santa Monica, CA | $12,029,147 | $2,231,432 |
Business Arts Plaza Inc Burbank, CA | $87,991,215 | $6,547,572 |
Nevada Rural Counties Rsvp Program Inc Carson City, NV | $434,499 | $1,716,339 |
Rancho Los Cerritos Foundation Long Beach, CA | $2,512,679 | $1,540,496 |
W O L F Moorpark, CA | $765,817 | $1,467,427 |
Create Academy Inc Tempe, AZ | $184,127 | $1,377,364 |