Softstack Factory FY2020 filing

Lakeside, CAUnknown exempt organizationEIN 47-4001519Revenue $396K in FY2020

On file with the IRS11603 Osage Trail · Lakeside, CA

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The specific purpose for which the Corporation is organized is to provide learning pathways like intensive software training that enable more individuals to participate as developers in the digital economy.

95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $13K a year · 11% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $54
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$9K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$396K
Spent
$366K
To programs
95%
Net assets
$97K
By yearFY2020–FY2024
Revenue
$396K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$396K
FY2021$217K
FY2022$174
FY2023$57
FY2024$3
Expenses
$366K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$366K
FY2021$224K
FY2022$34K
FY2023$2K
FY2024$55K
Net assets
$97K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$97K
FY2021$91K
FY2022$57K
FY2023$55K
FY2024$0

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $347K Management & general 5% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
President & CEO
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides intensive software training to help people join the digital economy as developers.

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Provided by the organization

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1 program · $347K · in their own filed words · FY2020
01

Provides students intensive software training that enable them to participate as developers in the digital economy.

$347Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$54

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$396K
Ln 12
Gifts and grantsLn 1h$396K
Investment incomeLn 3$4
Money outPt IX
$366K
Ln 25
Programscol B$347K
Managementcol C$18K
Owns and owesPt X
$97K
net assets · Ln 32
Cash and savingsLn 1–2$106K
Total assetsLn 16$106K
LiabilitiesLn 26$9K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$396K
Investment incomeLn 3$4
Gains on assetsLn 7$0
Total revenueLn 12$396K
Assets in detailPt X, end of year
CashLn 1$106K
SavingsLn 2$0
Cash and savings togetherLn 1–2$106K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$106K
LiabilitiesLn 26$9K
Net assetsLn 32$97K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$86K$106K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$86K$106K
LiabilitiesLn 26$0$9K
Net assetsLn 32$86K$97K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$316K$300K$16K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$26K$25K$1K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$250$238$12
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$650$618$32
Advertising and promotionLn 12$252$239$13
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$10K$10K$500
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$5K$4K$234
Other expenses (24a–d)Ln 24$7K$7K$353
All other expensesLn 24e$977$927$50
Total functional expensesLn 25$366K$347K$18K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3$55K−$55K$0 990 PDF
FY2023 $57$2K−$2K$55K 990 PDF
FY2022 $174$34K−$34K$57K 990 PDF
FY2021 $217K$224K−$6K$91K 990 PDF
FY2020 Viewing $396K$366K$31K$97K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $396,353 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $383,209$396,349
I-9 Program service revenue$0
I-10 Investment incomePrior year $10$4
I-11 Other revenue$0
I-12 Total revenuePrior year $383,219$396,353
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $259,704$341,831
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $103,684$23,867
I-18 Total expensesPrior year $363,388$365,698
I-19 Revenue less expensesPrior year $19,831$30,655
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $396,353 across 10 lines filed
VIII-1a Federated campaigns$143,110
VIII-1b Membership dues$10,434
VIII-1f All other contributions, gifts and grants$242,805
VIII-1h Total contributions, gifts and grants$396,349
VIII-3 Investment incomeRelated to mission $4$4
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $4$396,353
Part IX · Statement of functional expenses $365,698 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $299,801 · Management $15,779$315,580
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $24,938 · Management $1,313$26,251
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $238 · Management $12$250
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $618 · Management $32$650
IX-12 Advertising and promotionPrograms $239 · Management $13$252
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $9,500 · Management $500$10,000
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $4,451 · Management $234$4,685
IX-24 Other expenses (24a–d)Programs $6,700 · Management $353$7,053
IX-24e All other expensesPrograms $927 · Management $50$977
IX-25 Total functional expensesPrograms $347,412 · Management $18,286 · Fundraising $0$365,698
Part X · Balance sheet $106,339 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $86,103$106,339
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $86,103$106,339
X-17 Accounts payable and accrued expenses$9,187
X-26 Total liabilitiesStart of year $0$9,187
X-27 Net assets without donor restrictionsStart of year $86,103$97,152
X-32 Total net assets or fund balancesStart of year $86,103$97,152
X-33 Total liabilities and net assetsStart of year $86,103$106,339
Part XI · Reconciliation of net assets $97,152 net assets at year end
XI-1 Total revenue$396,353
XI-2 Total expenses$365,698
XI-3 Revenue less expenses$30,655
XI-4 Net assets at start of year$86,103
XI-8 Prior period adjustments−$19,606
XI-10 Net assets at end of year$97,152

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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