Africa Code Academy Inc
- Assets
- $16.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Palo Alto, CA
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 82-2131888
Organization Overview
Africa Code Academy Inc is located in Palo Alto, CA. The organization was established in 2017. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Africa Code Academy 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 12/2023, Africa Code Academy Inc generated $65.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 50.1% each year . All expenses for the organization totaled $103.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
COMPLETED A FULL SESSION OF THE ACA ENGINEERING RESIDENCY PROGRAM TRAINING AFRICAN STUDENTS IN BOTSWANA AND GABORONE IN A SOFTWARE ENGINEERING APPRENTICESHIP. EMPLOYED OVER A DOZEN GRADUATES AND LOCAL STAFF PROVIDING OPPORTUNITIES TO DEVELOP STARTUPS IN THE LOCAL ECONOMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yongjoon Lee Chief Executive Officer | 40 | $15,430 | |
Bonnie Schulkin Secretary | 1 | $0 | |
Justin Kagin Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,450 |
| Total Program Service Revenue | $4,000 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,463 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,030 |
| Professional fees and other payments to independent contractors | $74,902 |
| Occupancy, rent, utilities, and maintenance | $413 |
| Printing, publications, postage, and shipping | $38 |
| Other expenses | $6,486 |
| Total expenses | $103,869 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,576 |
| Other assets | $0 |
| Total assets | $16,346 |
| Total liabilities | $18,383 |
| Net assets or fund balances | -$2,037 |