Sourcery Institute
- Assets
- $20.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-4655150
Organization Overview
Sourcery Institute is located in Oakland, CA. The organization was established in 2015. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sourcery Institute 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, Sourcery Institute generated $14.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $12.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IT WAS FROM A PROJECT IN WHICH WE HELPED A COLUMBIA UNIVERSITY PROFESSOR PRODUCE AUTOMATED DOCUMENTATION OF SOFTWARE THAT HE DEVELOPS. BECAUSE HE'S A PROFESSOR, IT'S RELATED TO EDUCATION. HIS SOFTWARE IS RESEARCH SOFTWARE THAT DOES COMPUTATIONAL SCIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Damian Rouson President | 3 | $0 | |
Salvatore Filippone Secretary | 1 | $0 | |
Karla Morris Treasurer | 2 | $0 | |
Bill Hoffman Director | 1 | $0 | |
Bryce Lelbach Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,354 |
| Total Program Service Revenue | $7,000 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,653 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,165 |
| Total expenses | $12,818 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,048 |
| Other assets | $0 |
| Total assets | $20,439 |
| Total liabilities | $22,312 |
| Net assets or fund balances | -$1,873 |