Streetcode Academy is located in East Palo Alto, CA. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 09/2023, Streetcode Academy employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Streetcode Academy 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 09/2023, Streetcode Academy generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $3.4m during the year ending 09/2023. 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
OUR MISSION IS TO EQUIP A GENERATION OF UNDER-REPRESENTED LEADERS WITH THE SKILLS TO HACK, HUSTLE, AND DESIGN THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 STREETCODE ACADEMY SERVED OVER 4,000 FAMILIES FROM UNDERREPRESENTED COMMUNITIES OF COLOR WITH FREE, FAMILY-CENTERED, CULTURALLY-RELEVANT TECH EDUCATION FOCUSED ON CREATING THE MINDSET, SKILLS, AND ACCESS THEY NEED TO HACK (CODING), HUSTLE (ENTREPRENEURSHIP) AND DESIGN (ENGINEERING) THEIR FUTURES. STREETCODE PARTNERED WITH THE COMMUNITY LEADERS, SOCIAL INFLUENCERS, EDUCATORS, CORPORATIONS, AND FOUNDATIONS TO PRODUCE IMPACTFUL CONTENT, ENGAGING MEDIA, AND CURRICULUM TO ENGAGE NEW STUDENTS WHILE CONTINUING TO EMPOWER THE EXISTING STUDENT COMMUNITY. STREETCODES NEW FOCUS ON A HYBRID PROGRAMMING MODEL GREATLY EXPANDED OUR REACH. THE EXPANSION OF OUR COMMUNITY TECHNOLOGY PROGRAM TO ENCOMPASS TECH SUPPORT AND DISTRIBUTION SERVICES TO THE STUDENTS AND FAMILIES OF THE RAVENSWOOD CITY SCHOOL DISTRICT, ALSO ENABLED US TO GRANT GREATER ACCESS TO ONLINE SCHOOL AND WORK FOR COMMUNITY MEMBERS IN NEED. 95% OF SURVEYED STREETCODE ACADEMY ALUMNI GAINED INCREASED INTEREST AND CONFIDENCE IN CONTINUING TO LEARN TECHNOLOGY INDEPENDENTLY.WE TOOK THE FIRST STEPS TOWARDS NATIONAL EXPANSION, COLLABORATING WITH SHOE PALACE AND ADIDAS ON AN 11 CITY TOUR ACROSS THE UNITED STATES. THE WHOS NEXT TOUR BROUGHT LEARNING EXPERIENCES WITH AI, AR, AND VR INTO RETAIL AND COMMUNITY SPACES ALL OVER THE COUNTRY. STREETCODE ENGAGED OVER 900 PARTICIPANTS AND FOUND PROMISING RESULTS. 65% OF PARTICIPANTS WERE FIRST TIME USERS OF THE TECH. AFTER ONLY ONE ENGAGEMENT, 95% OF PARTICIPANTS REPORTED WANTING TO CONTINUE LEARNING ABOUT THESE TECHNOLOGIES.OUR PROGRAMS ARE DESIGNED TO INTRODUCE DISENFRANCHISED COMMUNITIES TO TECHNOLOGY CONCEPTS, WORK SPACES AND PERSONAL APPLICATIONS IN IMMEDIATELY MEANINGFUL AND FUN WAYS. OUR WORK IS POSSIBLE THANKS TO THE PARTNERSHIP AND SUPPORT OF MANY COMMUNITY AND GOVERNMENT ORGANIZATIONS, AS WELL AS MANY FOUNDATIONS AND COMPANIES INCLUDING: YOUNGER FAMILY FOUNDATION, PEERY FOUNDATION, SV2, JEREMY LIN FOUNDATION, EUCALYPTUS FOUNDATION, GENERAL CATALYST, META, GOLDEN STATE WARRIORS, NETFLIX, APPLOVIN, AND MANY OTHER ANONYMOUS FUNDERS.
ONYXX VILLAGE CONNECTION WAS ESTABLISHED BY EAST PALO ALTO RESIDENTS JULES LYONS THOMAS AND JENNIFER LYONS AND HAS BEEN COMMITED TO PROVIDING HOT, FREE MEALS EVERY DAY TO A VARIETY OF PROGRAMS AND THE LOCAL COMMUNITY. ONYXX VILLAGE CONNECTION BEGANBY OFFERING HOT MEALS TO THE STUDENTS OF STREETCODE ACADEMY IN 2016. IN THE FALL OF 2018 THEY BEGAN TO EXPAND THEIR SERVICES TO OFFER THE SAME SERVICE TO OTHER LOCAL NONPROFITS THAT SERVE THE COMMUNITY. THEY HAVE SUCCESSFULLY EXPANDED TO WORK WITH COLLEGE TRACK IN EAST PALO ALTO FEEDING 100 STUDENTS EVERY WEEK MONEY THROUGH THURSDAY AND EPACENTER ARTS FEEDING 75 STUDENTS EVERY SATURDAY. THEY LAUNCHED THE OVC RIDE ALONG PROGRAM WHERE INDIVIDUALS WILL VOLUNTEER THE OVC RIDE ALONG PROGRAM WHERE INDIVIDUALS WILL VOLUNTEER TO RIDE ALONG AND DELIVER MEALS TO THE HUNGRY IN THE LOCAL COMMUNITY. THEY DRIVE TO HOMELESS ENCAMPMENTS, THE EPA RV COMMUNITY, BUS STOPS, GAS STATIONS, PARKS, PARKING LOTS, ETC.IN ADDITION TO THE SERVICES THEY OFFER DAILY, THEY HAVE SUCCESSFULLY HOSTED A COMMUNITY THANKSGIVING DINNER AND OFFERED ENTERTAINMENT AS WELL. ONYXX HAS PARTNERED WITH A YOUNG ADULT FAITH ORGANIZATION TO LEAD A WARM CLOTHING DRIVE AND DELIVER THE ITEMS WITH HOT MEALS. THEY HAVE ALSO PARTNERED WITH PAN AFRICAN CITY ALIVE AND RAVENSWOOD FAMILY HEALTH CENTER.THE CO-FOUNDERS RECEIVED AN AWARD AND CERTIFICATE OF COMPLETION FOR RENAISSANCE ENTREPRENEUR WORKSHOP. THE CEO AND CO-FOUNDER JULES THOMAS RECEIVED RECOGNITION FOR HIS COMMITMENT TO SERVING HIS COMMUNITY FROM; COLLEGE TRACK, 100 BLACK MEN OF SILICON VALLEY AND EPACENTER ARTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Olatunde Sobomehin CEO | OfficerTrustee | 40 | $151,587 |
Theresa Johnson Board | Trustee | 40 | $0 |
Okey Onyejekwe Board Chair | OfficerTrustee | 2 | $0 |
Tea Lempiala Bd Vice Chair | OfficerTrustee | 2 | $0 |
Jason Mayden Board | Trustee | 2 | $0 |
Sean Mendy Board Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $25,000 |
All other contributions, gifts, grants, and similar amounts not included above | $3,206,560 |
Noncash contributions included in lines 1a–1f | $619,112 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,231,560 |
Total Program Service Revenue | $0 |
Investment income | $4,234 |
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 | $3,235,794 |
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. | $185,151 |
Compensation of current officers, directors, key employees. | $185,151 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,448,999 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $135,231 |
Payroll taxes | $136,896 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $141,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $77,719 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $88,395 |
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 | $38,303 |
Insurance | $21,698 |
All other expenses | $51,730 |
Total functional expenses | $3,410,600 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $796,272 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $197,968 |
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 | $35,991 |
Net Land, buildings, and equipment | $118,099 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,148,330 |
Accounts payable and accrued expenses | $3,409 |
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 | $162,134 |
Total liabilities | $165,543 |
Net assets without donor restrictions | $882,595 |
Net assets with donor restrictions | $100,192 |
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 | $1,148,330 |