Code Platoon EIN 47-2499578

Code Platoon FY2022 filing

EIN  47-2499578 Public charity (501(c)(3)) Wilmette, IL
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/27/26 · see original filing: IRS
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Size
$1–10M
What they do
Trains veterans for careers in computer programming.
Leadership
Rodrigo Levy · Executive Director · $68K
Money in and out
$2.8M revenue, $2.6M expenses
Bottom line
88% program efficiency

Trains veterans for careers in computer programming. For fiscal year 2022 it reported $2.8M in revenue, $2.6M in expenses, and $1.9M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$2.8M
Pt VIII · Ln 12
Total expenses
$2.6M
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $252K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.08 Fundraising $0.04
Program efficiency
88%
of spending reaches programs
Operating runway
8.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$2.8M
FY2022▲ +28%
Expenses
$2.6M
FY2022▲ +46%
Total assets
$2.0M
FY2022▲ +21%
Total liabilities
$126K
FY2022▲ +502%
Total revenue
$2.8M
Pt VIII · Ln 12
Total expenses
$2.6M
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$252K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $2.3M of program spending, described in the organization's own filed words · FY2022.
01

Formal classroom training for veterans in computer programing and placing graduates in internship roles-- 122 veterans graduated in 2022

$2.3Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCode Platoon
EINHdr · item D47-2499578
Principal addressHdr · item CWilmette, IL
WebsiteHdr · item Jwww.codeplatoon.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J22)
Ruling yearIRS BMFApr 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Executive Director
$68,000Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Rich Luby’s $109K as Career Service Manager is at the 34th percentile of top reported officer pay among 1236 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Adam Cahan$107,000$130,800
Rich Luby$109,394$109,115
Rodrigo Levy$108,007$108,035$68,000$38,000

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
Program service revenue$2.2M · 77%
Contributions & grants$689K · 24%
Program service revenue77%$2.2M
Contributions & grants24%$689K
Investment income$5K
— government grantsLn 1e$100K
Total revenueLn 12$2.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.08 Fundraising $0.04
Program services88%$2.3M
Management & general8%$198K
Fundraising4%$102K
Total functional expensesLn 25$2.6M

Balance Sheet

Part X · end of year
CashLn 1$691K
Total assetsLn 16$2.0M
Total liabilitiesLn 26$126K
Total net assetsLn 32$1.9M
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.9M · Operating expenses/yr $2.6M
8.9 months
Where the money goes
Program services
Program services $2.3M · Total expenses $2.6M
88%
Management & General
Management & general $198K · Total expenses $2.6M
8%
Fundraising
Fundraising $102K · Total expenses $2.6M
4%
Cost to raise $1
Fundraising expense (3-yr avg) $85K · Solicited contributions (3-yr avg) $659K
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $689K · Total revenue $2.8M
24%
Government reliance
Government grants $100K · Total revenue $2.8M
4%
Earned-income share
Program service revenue $2.2M · Total revenue $2.8M
77%
Investment reliance
Investment income $5K · Total revenue $2.8M
0%
Program self-sufficiency
Program service revenue $2.2M · Total expenses $2.6M
84%
Growth & trend
Revenue growth (YoY)
This year $2.8M · Prior year $2.2M
+28%
Net-asset trend (YoY)
End of year $1.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.8M · Expenses $2.6M
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $1.9M · Total assets $2.0M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
60%
People & payroll
Highest Reported Total Compensation
Individual Rodrigo Levy · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $68K · Total expenses $2.6M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.1M · Total expenses $2.6M
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 8%
Fundraising cost ratio 15%
Revenue growth 28%
Accounting fee ratio 1%

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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$25K

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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)$3.7M revenue · ⤓ 990 PDF
FY2023$3.2M revenue · ⤓ 990 PDF
FY2022$2.8M revenue · viewing · ⤓ 990 PDF
FY2021$2.2M revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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