Computer Mentors Group INC EIN 59-3447791 Form 990 (PDF) Claim this org

Computer Mentors Group INC

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Offers education, computer training, and community development programs for youth and local economic growth. For fiscal year 2020 it reported $498K in revenue, $428K in expenses, and $175K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Tampa, FL
Filings
1 on file (2020–2020)
Revenue
$498KFY2020
Expenses
$428K
Net assets
$175K
People
9
Filings
1
Updates
0
More identity details & actions ⌄
EIN  59-3447791 Unknown exempt organization Tampa, FL
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers education, computer training, and community development programs for youth and local economic growth.
Leadership
Santo Cannone · Chairperson
Money in and out
$498K revenue, $428K expenses
Bottom line
+14% surplus margin
Reported financial activity · FY2020
Total revenue
$498K
Pt VIII · Ln 12
Total expenses
$428K
Pt IX · Ln 25
Net assets
$175K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $69K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.27 Fundraising $0.01
Surplus margin
+14%
revenue over expenses, this year
Program spending
72%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total revenue
$498K
Pt VIII · Ln 12
Total expenses
$428K
Pt IX · Ln 25
Net assets
$175K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$69K
Total assetsPt X · Ln 16$181K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CComputer Mentors Group INC
EINHdr · item D59-3447791
Principal addressHdr · item CTampa, FL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $309K of program spending, described in the organization's own filed words · FY2020.
01

A unique signature program that guides high school students through microsoft certifications in microsoft office suite, web applications, mobile applications, security, server, and more

$162Kprogram expense
02

A cutting edge program offering curriculum to teach middle-schoolers stem through programming

$137Kprogram expense
03

Training course designed to help develop basic knowledge of computing fundamentals

$10Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$379K · 76%
Other revenue$103K · 21%
Program service revenue$16K · 3%
Contributions & grants76%$379K
Other revenue21%$103K
Program service revenue3%$16K
— government grantsLn 1e$365K
Total revenueLn 12$498K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.27 Fundraising $0.01
Program services72%$309K
Management & general27%$114K
Fundraising1%$5K
Total functional expensesLn 25$428K

Balance Sheet

Part X · end of year
CashLn 1$158K
Total assetsLn 16$181K
Total liabilitiesLn 26$6K
Total net assetsLn 32$175K
Months of cash on handcomputed4.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $158K · Operating expenses/yr $428K
4.4 months
Where the money goes
Program services
Program services $309K · Total expenses $428K
72%
Management & General
Management & general $114K · Total expenses $428K
27%
Fundraising
Fundraising $5K · Total expenses $428K
1%
Cost to raise $1
Fundraising expense $5K · Solicited contributions $14K
$0.36 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $379K · Total revenue $498K
76%
Government reliance
Government grants $365K · Total revenue $498K
73%
Earned-income share
Program service revenue $16K · Total revenue $498K
3%
Investment reliance
Investment income $0 · Total revenue $498K
0%
Program self-sufficiency
Program service revenue $16K · Total expenses $428K
4%
Growth & trend
Revenue growth (YoY)
This year $498K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $175K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $498K · Expenses $428K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $181K
Net-asset ratio
Net assets $175K · Total assets $181K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $181K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Santo Cannone · Reported title CHAIRPERSON · Highest reported compensation $0 · Total expenses $428K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $330K · Total expenses $428K
77%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 27%
Fundraising cost ratio 1%
Accounting fee ratio 2%

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 · FY2021
Total grants receivedfrom 3 funders$53K
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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
FY2020 (Latest)$498K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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