Kode With Klossy Inc
- Assets
- $3.7m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 288
- Location
- New York, NY
- Founding
- Data as of
- 04/2023
- EIN
- 83-3160675
Organization Overview
Kode With Klossy Inc is located in New York, NY. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 04/2023, Kode With Klossy Inc employed 288 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kode With Klossy 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 04/2023, Kode With Klossy Inc generated $7.6m in total revenue. All expenses for the organization totaled $4.3m during the year ending 04/2023. While expenses have increased by 382.0% per year over the past 2 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
KODE WITH KLOSSY CREATES LEARNING EXPERIENCES AND OPPORTUNITIES FOR YOUNG WOMEN AND GENDER EXPANSIVE YOUTH. OUR PROGRAMS IGNITE A SPARK THAT FUELS OUR SCHOLARS' AGENCY TO PURSUE THEIR PASSIONS IN A TECH-DRIVEN WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KODE WITH KLOSSY IS A CHARITABLE ORGANIZATION THAT AIMS TO INSPIRE MEMBERS OF THE FEMALE AND FEMME/NON-BINARY COMMUNITY TO DISCOVER AND PURSUE THEIR INTERESTS IN TECHNOLOGY. KODE WITH KLOSSY PROVIDES THOSE INDIVIDUALS WITH A COMMUNITY EXPERIENCE THAT PROMOTES ITS COMMUNITY MEMBERS' CONFIDENCE AND ACCESS TO IMPORTANT NETWORKING AND SKILL-BUILDING OPPORTUNITIES. KODE WITH KLOSSY IS ORGANIZED AND OPERATED EXCLUSIVELY FOR EXEMPT PURPOSES, AND AS DESCRIBED IN MORE DETAIL BELOW, KODE WITH KLOSSY FURTHERS ITS PURPOSES BY (1) EMPOWERING AND ASSISTING YOUNG ADULTS, INCLUDING STUDENTS AT COLLEGES AND UNIVERSITIES ACROSS THE UNITED STATES, TO ORGANIZE AND HOST HACKATHONS (OFTEN DESCRIBED AS INVENTION MARATHONS) FOR ITS GENDER-MARGINALIZED COMMUNITY, (2) PROMOTING INCLUSIVITY-FOCUSED RESEARCH, AND (3) PROVIDING PROFESSIONAL DEVELOPMENT RESOURCES IN TECHNOLOGY INDUSTRIES FOR ITS GENDER-MARGINALIZED COMMUNITY.
KODE WITH KLOSSY IS A CHARITABLE ORGANIZATION THAT AIMS TO INSPIRE MEMBERS OF THE FEMALE AND FEMME/NON-BINARY COMMUNITY TO DISCOVER AND PURSUE THEIR INTERESTS IN TECHNOLOGY. KODE WITH KLOSSY PROVIDES THOSE INDIVIDUALS WITH A COMMUNITY EXPERIENCE THAT PROMOTES ITS COMMUNITY MEMBERS' CONFIDENCE AND ACCESS TO IMPORTANT NETWORKING AND SKILL-BUILDING OPPORTUNITIES. KODE WITH KLOSSY IS ORGANIZED AND OPERATED EXCLUSIVELY FOR EXEMPT PURPOSES, AND AS DESCRIBED IN MORE DETAIL BELOW, KODE WITH KLOSSY FURTHERS ITS PURPOSES BY (1) EMPOWERING AND ASSISTING YOUNG ADULTS, INCLUDING STUDENTS AT COLLEGES AND UNIVERSITIES ACROSS THE UNITED STATES, TO ORGANIZE AND HOST HACKATHONS (OFTEN DESCRIBED AS INVENTION MARATHONS) FOR ITS GENDER-MARGINALIZED COMMUNITY, (2) PROMOTING INCLUSIVITY-FOCUSED RESEARCH, AND (3) PROVIDING PROFESSIONAL DEVELOPMENT RESOURCES IN TECHNOLOGY INDUSTRIES FOR ITS GENDER-MARGINALIZED COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hallie Smith Chief Operating Officer | OfficerTrustee | 40 | $303,030 |
Karlie Kloss President/director | Trustee | 20 | $0 |
Penni Thow Treasurer/clerk | OfficerTrustee | 15 | $0 |
Dorothy Jean Chang Director | OfficerTrustee | 40 | $181,484 |
Eboseyi Imeokparia Chief Executive Office | Officer | 40 | $51,667 |
Ashley Terletzky Director Of Partnerships | 40 | $122,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,586,636 |
| Noncash contributions included in lines 1a–1f | $356,120 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,586,636 |
| 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 | $7,643,151 |
| 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. | $349,948 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,822,700 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $261,627 |
| Payroll taxes | $166,070 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63,986 |
| Fees for services: Accounting | $52,821 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $350,740 |
| Advertising and promotion | $37,310 |
| Office expenses | $178,950 |
| Information technology | $29,454 |
| Royalties | $0 |
| Occupancy | $5,000 |
| Travel | $641,243 |
| 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 | $117,917 |
| Insurance | $57,959 |
| All other expenses | $0 |
| Total functional expenses | $4,322,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,422,428 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,000 |
| 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 | $236,256 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,683,684 |
| Accounts payable and accrued expenses | $145,068 |
| 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 | $1,598 |
| Total liabilities | $146,666 |
| Net assets without donor restrictions | $3,537,018 |
| 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 | $3,683,684 |