Codeva Inc
- Assets
- $3.0m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 70
- Location
- Richmond, VA
- Founding
- 08/2014
- Data as of
- 06/2021
- EIN
- 46-4339704
Organization Overview
Codeva Inc is located in Richmond, VA. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Codeva Inc employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Codeva 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 06/2021, Codeva Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $2.7m during the year ending 06/2021. While expenses have increased by 28.8% 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
PARTNER WITH SCHOOLS, PARENTS, AND COMMUNITIES TO BRING EQUITABLE COMPUTER SCIENCE EDUCATION TO ALL OF VIRGINIA'S STUDENTS THROUGH ADVOCACY , CHILDREN'S PROGRAMS, EDUCATIONAL NO-COST PROFESSIONAL DEVELOPMENT, CURRICULUM AND PROGRAM CONSULITING SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OUTREACH AND AWARENESS OF COMPUTER SCIENCE FOR EDUCATION AND ECONOMIC DEVELOPMENT. INFORMAL EDUCATION ARTS & COMPUTER SCIENCE INTEGRATED PROGRAMS FOCUSED ON INNER-CITY YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Dovi Executive Director | Officer | 40 | $103,846 |
Greg Samuels Vice Chair | OfficerTrustee | 0.25 | $0 |
Margaret Mayer Chair | OfficerTrustee | 0.25 | $0 |
Jeff Nelson Secretary | OfficerTrustee | 0.25 | $0 |
Dr Harold Fitrer Treasurer | OfficerTrustee | 0.25 | $0 |
Andreas Addison Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,178,062 |
| Investment income | $3,976 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,819 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,211,352 |
| Statement of Expenses | |
|---|---|
| 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. | $100,263 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,367,097 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $286,723 |
| Payroll taxes | $122,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,183 |
| Fees for services: Accounting | $73,788 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $365,282 |
| Advertising and promotion | $40,525 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,710 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,251 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,196 |
| Insurance | $2,334 |
| All other expenses | $0 |
| Total functional expenses | $2,700,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,639,990 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $325,709 |
| Accounts receivable, net | $1,717 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,800 |
| Total assets | $3,000,128 |
| Accounts payable and accrued expenses | $212,754 |
| 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 | $212,754 |
| 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 |
| Total liabilities and net assets/fund balances | $2,787,374 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Codeva Inc has recieved totaling $128,959.
| Awarding Organization | Amount |
|---|---|
Tides Foundation San Francisco, CA PURPOSE: QUALITY EDUCATION | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $28,998 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $13,461 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Us Ignite Inc Washington, DC | $5,718,790 | $15,311,234 |
Washington Yu Ying Public Charter School Washington, DC | $27,086,728 | $12,170,772 |
National Association For College Admission Counseling Inc Arlington, VA | $22,607,858 | $9,863,408 |
National Alliance For Public Charter Schools Washington, DC | $20,433,842 | $17,753,309 |
American Federation For Children Growth Fund Inc Columbia, MD | $9,265,288 | $14,325,717 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
A Wider Circle Inc Silvers Spring, MD | $9,165,754 | $9,301,796 |
Anne Arundel Community College Foundation Inc Arnold, MD | $29,078,784 | $4,871,771 |