Resilient Coders Inc
- Assets
- $3.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Cambridge, MA
- Founding
- 05/2015
- Data as of
- 12/2021
- 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 12/2021, Resilient Coders Inc employed 12 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 12/2021, Resilient Coders Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.9% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 46.2% 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
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 BOSTONS CELEBRATED STARTUPS AND ENTERPRISES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Delmar Exec Dir Pres Treasurer C | OfficerTrustee | 40 | $113,000 |
Chiderah Okoye Director | Trustee | 1 | $0 |
Ester Pena Director | Trustee | 1 | $0 |
Susan Benford Director | Trustee | 6 | $0 |
David Mendels Director | Trustee | 6 | $0 |
Dunia Goncalves Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,760 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,691,377 |
| Noncash contributions included in lines 1a–1f | $28,711 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,778,137 |
| Total Program Service Revenue | $207,500 |
| 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 | $2,985,513 |
| 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. | $113,000 |
| Compensation of current officers, directors, key employees. | $22,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $572,871 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,893 |
| Payroll taxes | $59,832 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,058 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $462,690 |
| Advertising and promotion | $2,222 |
| Office expenses | $28,239 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,382 |
| Travel | $7,745 |
| 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 | $5,122 |
| All other expenses | $0 |
| Total functional expenses | $1,486,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,793,295 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $547,701 |
| Accounts receivable, net | $40,000 |
| 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 | $6,510 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $816,997 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,204,503 |
| Accounts payable and accrued expenses | $44,218 |
| 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 | $44,218 |
| Net assets without donor restrictions | $2,222,900 |
| Net assets with donor restrictions | $937,385 |
| 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 | $3,204,503 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that Resilient Coders Inc has recieved totaling $1,671,341.
| Awarding Organization | Amount |
|---|---|
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO BUILD A SOFTWARE ENGINEERING BOOTCAMP PROGRAM IN PITTSBURGH THAT WILL GROW TALENT IN THE TECHNOLOGY SECTOR BY OFFERING TRAINING, JOB PLACEMENT, AND SUPPORT FOR UNDER-REPRESENTED MINORITY YOUNG ADULTS | $250,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO BUILD A SOFTWARE ENGINEERING BOOTCAMP PROGRAM IN PITTSBURGH THAT WILL GROW TALENT IN THE TECHNOLOGY SECTOR BY OFFERING TRAINING, JOB PLACEMENT, AND SUPPORT FOR UNDER-REPRESENTED MINORITY YOUNG ADULTS | $250,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $200,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $200,000 |
William Penn Foundation Philadelphia, PA PURPOSE: FREE OCCUPATIONAL SKILLS TRAINING PROGRAM | $150,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO BUILD ECONOMIC RESILIENCE IN PITTSBURGHS MINORITY COMMUNITIES THROUGH TRAINING, PLACEMENT, AND SUPPORT IN SOFTWARE ENGINEERING FOR YOUNG ADULTS | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Telecommuting Institute Boston, MA | $7,581,785 | $15,508,649 |
Masshire Hampden County Workforce Board Inc Springfield, MA | $3,346,725 | $13,329,757 |
South Middlesex Non-Profit Housing Corporation Framingham, MA | $86,868,885 | $12,461,508 |
Lifestyles For The Disabled Inc Staten Island, NY | $5,937,706 | $11,027,240 |
Vermont Associates For Training & Development Inc St Albans, VT | $530,190 | $11,812,343 |
Buffalo And Erie County Workforce Development Consortium Inc Buffalo, NY | $1,944,049 | $11,546,333 |
Eastern Connecticut Workforce Investment Board Inc Franklin, CT | $2,220,849 | $11,033,375 |
Workforce Alliance Inc New Haven, CT | $2,201,686 | $11,291,916 |
Academy Of Management Inc Briarcliff Manor, NY | $56,747,597 | $15,919,073 |
Career Resources Inc Bridgeport, CT | $3,329,042 | $9,544,012 |
Metro North Regional Employment Board Cambridge, MA | $4,304,049 | $8,929,878 |
Superior Direct Care Inc New York, NY | $54,824 | $8,386,212 |