Mississippi Coding Academies is located in Jackson, MS. The organization was established in 2019. According to its NTEE Classification (U41) the organization is classified as: Computer Science, 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. Mississippi Coding Academies 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 06/2023, Mississippi Coding Academies generated $811.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $649.4k during the year ending 06/2023. While expenses have increased by 2.9% per year over the past 3 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
OUR CHARTER IS TO OFFER A NONTRADITIONAL PATH TO CREATE NEW AND DIVERSE SOFTWARE PROFESSIONALS AND OFFER IMPROVED ECONOMIC OPPORTUNITY FOR MISSISSIPPIANS, PARTICULARLY THE DISADVANTAGED AND UNDERSERVED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSISSIPPI CODING ACADEMIES HAD A PRODUCTIVE YEAR SUMMARIZED AS FOLLOWS: - AVERAGE STARTING SALARIES OF 40,000 A YEAR SETTING THE STAGE FOR DOUBLE TO FIVE TIMES MORE WITH ADDITIONAL TRAINING AND WORKPLACE EXPERIENCE - 83 PERCENT EMPLOYMENT PLACEMENT IN TECH - A GREATER THAN 60 PERCENT COMPLETION RATE FOR THE RIGOROUS 11 MONTH PROGRAM. - CROSSED THE THRESHOLD OF 100 INDIVIDUALS, PRIMARILY UNDERSERVED YOUTH, CERTIFIED AS FULL-STACK CODERS - EMPLOYER PARTNERS RANGING FROM SMALL AND LARGE COMPANIES TO STARTUPS, GOVERNMENT AGENCIES, RESEARCH LABS, AND NONPROFITS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tony Jeff Treasurer | Officer | 5 | $0 |
Bob Buseck Board Member | Trustee | 1 | $0 |
Joe Donovan Board Member | Trustee | 1 | $0 |
Eric Hill Board Member | Trustee | 1 | $0 |
Willie Jones Board Member | Trustee | 1 | $0 |
Dr Sarah Lee Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $46,532 |
All other contributions, gifts, grants, and similar amounts not included above | $762,544 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $809,076 |
Total Program Service Revenue | $0 |
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 | $811,539 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $348,062 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $65,616 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $18,621 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $93,428 |
Advertising and promotion | $3,501 |
Office expenses | $27,271 |
Information technology | $9,112 |
Royalties | $0 |
Occupancy | $77,254 |
Travel | $5,187 |
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 | $1,344 |
All other expenses | $0 |
Total functional expenses | $649,396 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $364,860 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $364,860 |
Accounts payable and accrued expenses | $198,844 |
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 | $198,844 |
Net assets without donor restrictions | $166,016 |
Net assets with donor restrictions | $0 |
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 | $364,860 |
Organization Name | Assets | Revenue |
---|---|---|
Mississippi Coding Academies Jackson, MS | $364,860 | $811,539 |
South Coast Code New Orleans, LA | $1,863 | $0 |
Machinery Information Management Open Systems Alliance Tuscaloosa, AL | $20,925 | $0 |
Mississippi Health Information Management Association Hattiesburg, MS | $110,029 | $61,590 |
Society For Management Information Systems Memphis, TN | $174,169 | $0 |
Chattanooga Quantum Collaborative Chattanooga, TN | $46,013 | $0 |
Excellence In Community Education And Economic Development Celina, TN | $67,135 | $0 |