Code Savvy
- Assets
- $600.8k
- Revenue
- $653.4k
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis Park, MN
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-3760347
Organization Overview
Code Savvy is located in St Louis Park, MN. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Code Savvy 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 12/2022, Code Savvy generated $653.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $666.9k during the year ending 12/2022. 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
TO INTERRUPT AND COUNTERACT EXISTING GENDER, RACIAL, AND ECONOMIC GAPS IN COMPUTING BY EQUIPPING YOUTH AND EDUCATORS WITH THE KNOWLEDGE, SKILLS, AND SUPPORT TO CREATE WITH TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CODE SAVVY EDUCATE: MNCODES EDUCATOR PROGRAM TRAINED APPROXIMATELY 165 EDUCATORS AND IMPACTED ABOUT 5,000 STUDENTS DIRECTLY IN THEIR CLASSROOMS. MONTHLY COHORT SESSIONS GAVE EDUCATORS THE SKILLS AND APPROACH NEEDED TO EQUITABLY BRING COMPUTER SCIENCE DIRECTLY INTO THEIR CLASSROOMS. PARTNERED WITH 10 SCHOOLS TO HELP THEM BUILD EQUITY-FOCUSED COMPUTER SCIENCE PROGRAMMING AND PATHWAYS FOR STUDENTS THROUGHOUT THEIR DISTRICT.
CODE SAVVY EXPERIENCE: TECHNOVATIONMN PROGRAM AND VIRTUAL EVENTS HELPED 129 GIRLS LEARN DESIGN THINKING SKILLS AND DEVELOP MOBILE APPLICATIONS WITH THE HELP OF 89 MENTORS FROM THE BUSINESS COMMUNITY AND 51 JUDGES AT OUR APPAPALOOZA EVENT. ALSO KICKED OFF A BYTE-SIZED CHALLENGE THIS YEAR, WORKING WITH TWO SCHOOLS TO INTRODUCE 23 FEMALE STUDENTS TO COMPUTATIONAL THINKING SKILLS THROUGH THE MICRO:BIT. THIS PROGRAM WILL SCALE UP TO 4-5 SCHOOLS IN THE 2023 SEASON AND WILL INCLUDE PROGRAMMING FOR MALE STUDENTS TO BE MORE INCLUSIVE AND HAVE GREATER IMPACT IN THE COMMUNITY.
CODE SAVVY EXPLORE: YEAR-ROUND VIRTUAL CODING CLUBS CLOCKED 1,394 LEARNING HOURS FOR STUDENTS AND OVER 900 VOLUNTEER HOURS IN THE 2022 SEASON. THESE LESSONS FOCUSED MAINLY ON SCRATCH, THUNKABLE, AND THE PYTHON PROGRAMMING LANGUAGE. AFTER 2 YEARS OF PROVIDING THESE SERVICES AND MENTORING 100% VIRTUALLY, IN 2023 WE WILL RETURN TO IN-PERSON PROGRAMMING AS WELL AS A VIRTUAL OPTION TO HELP MEET THE NEEDS OF OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Lockhart Executive Di | OfficerTrustee | 45 | $120,000 |
Andrea Wilson Vasquez Program Dire | Trustee | 40 | $109,735 |
Ericka Dennis Program Dire | Trustee | 20 | $40,000 |
Paul Llamas Board Chair | OfficerTrustee | 2 | $0 |
Chris Alexander Secretary | OfficerTrustee | 1 | $0 |
David Balcom Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $404,052 |
| Noncash contributions included in lines 1a–1f | $87,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $404,052 |
| Total Program Service Revenue | $249,277 |
| Investment income | $36 |
| 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 | $653,365 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $269,735 |
| Compensation of current officers, directors, key employees. | $120,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $211,775 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,824 |
| Fees for services: Management | $0 |
| 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 | $79,075 |
| Advertising and promotion | $1,080 |
| Office expenses | $21,649 |
| Information technology | $5,031 |
| Royalties | $0 |
| Occupancy | $1,087 |
| Travel | $26 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $103 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,079 |
| All other expenses | $1,998 |
| Total functional expenses | $666,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,399 |
| Savings and temporary cash investments | $201,782 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,588 |
| 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 | $0 |
| Total assets | $600,769 |
| Accounts payable and accrued expenses | $2,290 |
| 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 | $2,290 |
| Net assets without donor restrictions | $413,145 |
| Net assets with donor restrictions | $185,334 |
| 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 | $600,769 |