Code Savvy EIN 46-3760347

Code Savvy FY2021 filing

EIN  46-3760347 Public charity (501(c)(3)) St Louis Park, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
Equips youth and educators with tech skills to close gender, racial, and economic gaps.
Leadership
Andrea Wilson Vasquez · Program Dire · $71K
Money in and out
$476K revenue, $270K expenses
Bottom line
86% program efficiency

Equips youth and educators with tech skills to close gender, racial, and economic gaps. For fiscal year 2021 it reported $476K in revenue, $270K in expenses, and $612K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$476K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$612K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $206K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.09 Fundraising $0.05
Program efficiency
86%
of spending reaches programs
Operating runway
27.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+43%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$476K
FY2021▲ +63%
Expenses
$270K
FY2021▲ +44%
Total assets
$620K
FY2021▲ +53%
Total liabilities
$8K
FY2021
Total revenue
$476K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$612K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$206K
Total assetsPt X · Ln 16$620K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $233K of program spending, described in the organization's own filed words · FY2021.
01

Technovationmn

Technovationmn program helped 129 girls learn design thinking skills and develop mobile applications with the help of 89 mentors from the business community and 51 judges at our appapalooza event. All events were held virtually.

$97Kprogram expense
02

Mncodes Educator Program

Mncodes educator program trained approximately 625 educators and impacted about 7,500 students directly in their classrooms. Virtual monthly cohort sessions gave educators the skills and approach needed to equitably bring computer science directly into their classrooms.

$88Kprogram expense
03

Code Camps / Coderdojo Tc and Rebecca Coderdojo

Year-round virtual coding clubs clocked about 1,000 learning hours for students and over 600 volunteer hours in 2021. These lessons focused mainly on scratch, thunkable, and the python programming language. We did not have in-person programming again this year due to covid restrictions.

$49Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCode Savvy
EINHdr · item D46-3760347
Principal addressHdr · item CSt Louis Park, MN
WebsiteHdr · item Jwww.codesavvy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$70,630Pt VII · Sec A
Program Dire
$40,000Pt VII · Sec A
Executive Di
$20,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Valerie Lockhart$120,000$120,000$20,000
Andrea Wilson Vasquez$109,735$70,630$69,290
Ericka Dennis$40,000
Lisa Schlosser$40,000$40,000
Marvis Kilgore$13,558

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$324K · 68%
Program service revenue$148K · 31%
Other revenue$3K · 1%
Contributions & grants68%$324K
Program service revenue31%$148K
Other revenue1%$3K
Investment income$40
Total revenueLn 12$476K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.09 Fundraising $0.05
Program services86%$233K
Management & general9%$24K
Fundraising5%$12K
Total functional expensesLn 25$270K

Balance Sheet

Part X · end of year
CashLn 1$607K
Total assetsLn 16$620K
Total liabilitiesLn 26$8K
Total net assetsLn 32$612K
Months of cash on handcomputed27.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $607K · Operating expenses (Pt IX) $270K · Less non-cash grants $3K · Cash operating expenses/yr $267K
27.3 months
Where the money goes
Program services
Program services $233K · Total expenses $270K
86%
Management & General
Management & general $24K · Total expenses $270K
9%
Fundraising
Fundraising $12K · Total expenses $270K
5%
Cost to raise $1
Fundraising expense (2-yr avg) $10K · Solicited contributions (2-yr avg) $275K
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $324K · Total revenue $476K
68%
Government reliance
Government grants — · Total revenue $476K
Earned-income share
Program service revenue $148K · Total revenue $476K
31%
Investment reliance
Investment income $40 · Total revenue $476K
<0.01%
Program self-sufficiency
Program service revenue $148K · Total expenses $270K
55%
Growth & trend
Revenue growth (YoY)
This year $476K · Prior year $292K
+63%
Net-asset trend (YoY)
End of year $612K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $476K · Expenses $270K
+43%
Liabilities-to-Assets
Total liabilities — · Total assets $620K
Net-asset ratio
Net assets $612K · Total assets $620K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $620K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Andrea Wilson Vasquez · Reported title PROGRAM DIRE · Highest reported compensation $71K · Total expenses $270K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $193K · Total expenses $270K
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 9%
Fundraising cost ratio 4%
Revenue growth 63%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Code OrgFY2024$10K
Total grants receivedfrom 3 funders$165K
See all 3 funders →
Grants paid · 6 grants · $51K · 2020–2024
Unitemized GrantFY2024$11,000
Unitemized GrantFY2024$5,500
Unitemized GrantFY2023$9,500
Unitemized GrantFY2022$9,350
Unitemized GrantFY2021$8,100
Unitemized GrantFY2020$7,100

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$408K revenue · ⤓ 990 PDF
FY2023$750K revenue · ⤓ 990 PDF
FY2022$653K revenue · ⤓ 990 PDF
FY2021$476K revenue · viewing · ⤓ 990 PDF
FY2020$292K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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