Zip Code Wilmington Inc
- Assets
- $2.3m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 12
- Location
- Wilmington, DE
- Founding
- 07/2015
- Data as of
- 12/2022
- EIN
- 47-3853334
Organization Overview
Zip Code Wilmington Inc is located in Wilmington, DE. The organization was established in 2015. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2022, Zip Code Wilmington Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zip Code Wilmington 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 12/2022, Zip Code Wilmington Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 10.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 2015, ZIP CODE WILMINGTON IS A NONPROFIT SOFTWARE CODING BOOTCAMP THAT PROVIDES HIGH QUALITY SOFTWARE PROGRAMMING TRAINING TO THOSE SEEKING TO TRANSITION INTO CAREERS AS SOFTWARE DEVELOPERS AND DATA ENGINEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS OF DECEMBER 2022, ZIP CODE WILMINGTON GRADUATED 519 STUDENTS WITH MOST COHORTS PLACING OVER 80% OF JAVA SOFTWARE GRADUATES AND 84% OF DATA ENGINEERING & ANALYTICS GRADUATES PLACED WITHIN 12 MONTHS OF COMPLETING THEIR TRAINING, AND RECEIVING ANNUAL EARNINGS AVERAGING OVER 78,000 PER YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James W Stewart III Board Member | Officer | 2 | $0 |
Benjamin F Dupont Chairman Of | Officer | 2 | $0 |
C Porter Shutt III Board Member | Officer | 2 | $0 |
Teri Quinn-Gray Board Member | Officer | 2 | $0 |
Gary Moyer Board Member | Officer | 2 | $0 |
Diego F Calderin Board Member | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,571,326 |
| All other contributions, gifts, grants, and similar amounts not included above | $301,925 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,873,251 |
| Total Program Service Revenue | $764,986 |
| Investment income | $336 |
| 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 | $2,642,322 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100,650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $159,389 |
| Compensation of current officers, directors, key employees. | $71,725 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $851,265 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,471 |
| Payroll taxes | $76,489 |
| Fees for services: Management | $3,080 |
| Fees for services: Legal | $9,511 |
| Fees for services: Accounting | $36,295 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,029 |
| Advertising and promotion | $184,890 |
| Office expenses | $115,190 |
| Information technology | $28,222 |
| Royalties | $0 |
| Occupancy | $208,588 |
| Travel | $7,950 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,158 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,812 |
| Insurance | $17,649 |
| All other expenses | $23,706 |
| Total functional expenses | $1,919,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,454,503 |
| Savings and temporary cash investments | $801,606 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $18,850 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,274,959 |
| Accounts payable and accrued expenses | $11,304 |
| 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 | $499,900 |
| Total liabilities | $511,204 |
| Net assets without donor restrictions | $518,825 |
| Net assets with donor restrictions | $1,244,930 |
| 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 | $2,274,959 |