Resilient Coders Inc
- Assets
- $3.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 10
- Location
- Cambridge, MA
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-1882343
Organization Overview
Resilient Coders Inc is located in Cambridge, MA. The organization was established in 2015. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2023, Resilient Coders Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resilient Coders 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, Resilient Coders Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 27.6% per year over the past 8 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
TRAINING YOUNG ADULTS FROM LOW INCOME COMMUNITIES FOR HIGH GROWTH CAREERS AS SOFTWARE ENGINEERS, AND CONNECTING THEM WITH JOBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESILIENT CODERS IS A HIGHLY COMPETITIVE CODING BOOTCAMP THAT TRAINS TALENTED YOUNG ADULTS FROM COMMUNITIES OF COLOR FOR HIGH-GROWTH CAREERS AS SOFTWARE ENGINEERS. THEY GO ON TO WORK, AS SOFTWARE ENGINEERS, AT SOME OF MASSACHUSETTS AND PENNSYLVANIAS CELEBRATED STARTUPS AND ENTERPRISES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ayanna Lott Pollard Executive Director | Officer | 40 | $151,999 |
Susan Benford Director | Trustee | 2 | $0 |
Chiderah Okoye Director | Trustee | 1 | $0 |
Dunia Goncalves Director | Trustee | 2 | $0 |
David Mendels Chair | OfficerTrustee | 1 | $0 |
David Delmar Treasurer Clerk | 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 | $1,648,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,648,220 |
| Total Program Service Revenue | $292,340 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,941,617 |
| 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. | $150,999 |
| Compensation of current officers, directors, key employees. | $87,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $620,461 |
| Pension plan accruals and contributions | $16,295 |
| Other employee benefits | $89,637 |
| Payroll taxes | $63,269 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,112 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $625,342 |
| Advertising and promotion | $22,811 |
| Office expenses | $77,280 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,168 |
| Travel | $28,824 |
| 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 | $0 |
| Insurance | $5,148 |
| All other expenses | $20,221 |
| Total functional expenses | $1,798,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $868,600 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $406,655 |
| 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 | $29,664 |
| Net Land, buildings, and equipment | $9,633 |
| Investments—publicly traded securities | $1,675,439 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,989,991 |
| Accounts payable and accrued expenses | $41,260 |
| 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 | $41,260 |
| Net assets without donor restrictions | $2,436,575 |
| Net assets with donor restrictions | $512,156 |
| 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 | $2,989,991 |