Codeart INC EIN 81-0848567

Codeart INC FY2023 filing

EIN  81-0848567 Public charity (501(c)(3)) Miami, FL
Form 990 (PDF)
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Size
$100K–1M
What they do
Teaches computer science skills to students.
Leadership
Amy a Renshaw · CEO · $80K
Money in and out
$679K revenue, $577K expenses
Bottom line
73% program efficiency

Teaches computer science skills to students. For fiscal year 2023 it reported $679K in revenue, $577K in expenses, and $363K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$679K
Pt VIII · Ln 12
Total expenses
$577K
Pt IX · Ln 25
Net assets
$363K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $102K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.16 Fundraising $0.11
Program efficiency
73%
of spending reaches programs
Operating runway
6.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$679K
FY2023▲ +53%
Expenses
$577K
FY2023▲ +28%
Total assets
$422K
FY2023▲ +46%
Total liabilities
$58K
FY2023▲ +119%
Total revenue
$679K
Pt VIII · Ln 12
Total expenses
$577K
Pt IX · Ln 25
Net assets
$363K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$102K
Total assetsPt X · Ln 16$422K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $323K of program spending, described in the organization's own filed words · FY2023.
01

Weekly after school stem clubs, summer camps and stand-alone workshops for girls in grades 3-12. Served 269 girls.

$143Kprogram expense
02

CODE/ART provided professional development training to k-12 teachers on leading CODE/ART'S creative coding curriculum and making k-12 computer science classes more welcoming to girls; post training, additional, in classroom support from our teaching interns was provided. There were 38 interns and 170 teachers trained in 2023.

$111Kprogram expense
03

In-person coding conference that included workshops, talks, stem expo, digital art exhibit, and an awards ceremony. The closing keynote and awards ceremony were also livestreamed. The event targeted girls, k-12 teachers and tech and arts enthusiasts. Total number of attendees: 680 - 350 in person and 330 virtually.

$69Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCodeart INC
EINHdr · item D81-0848567
Principal addressHdr · item CMiami, FL
WebsiteHdr · item Jwww.code-art.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFFeb 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
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
$80,000Pt VII · Sec A
Immediate PA
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Amy a Renshaw’s $80K as CEO is at the 72nd percentile of top reported officer pay among 1984 $100K–1M youth development 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Amy a Renshaw$80,000$80,000$80,000

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
Contributions & grants$607K · 89%
Program service revenue$66K · 10%
Investment income$5K · 1%
Contributions & grants89%$607K
Program service revenue10%$66K
Investment income1%$5K
Other revenue$967
— government grantsLn 1e$50K
Total revenueLn 12$679K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.16 Fundraising $0.11
Program services73%$419K
Management & general16%$92K
Fundraising11%$66K
Total functional expensesLn 25$577K

Balance Sheet

Part X · end of year
CashLn 1$317K
Total assetsLn 16$422K
Total liabilitiesLn 26$58K
Total net assetsLn 32$363K
Months of cash on handcomputed6.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $317K · Operating expenses (Pt IX) $577K · Less non-cash grants $2K · Cash operating expenses/yr $575K
6.6 months
Where the money goes
Program services
Program services $419K · Total expenses $577K
73%
Management & General
Management & general $92K · Total expenses $577K
16%
Fundraising
Fundraising $66K · Total expenses $577K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $65K · Solicited contributions (3-yr avg) $430K
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $607K · Total revenue $679K
89%
Government reliance
Government grants $50K · Total revenue $679K
7%
Earned-income share
Program service revenue $66K · Total revenue $679K
10%
Investment reliance
Investment income $5K · Total revenue $679K
+1%
Program self-sufficiency
Program service revenue $66K · Total expenses $577K
11%
Growth & trend
Revenue growth (YoY)
This year $679K · Prior year $444K
+53%
Net-asset trend (YoY)
End of year $363K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $679K · Expenses $577K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $422K
Net-asset ratio
Net assets $363K · Total assets $422K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $422K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Amy a Renshaw · Reported title CEO · Highest reported compensation $80K · Total expenses $577K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $288K · Total expenses $577K
50%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 16%
Fundraising cost ratio 11%
Revenue growth 53%
Legal fee ratio 1%
Accounting fee ratio 8%

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 · FY2024
See all 10 funders →

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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)$746K revenue · ⤓ 990 PDF
FY2023$679K revenue · viewing · ⤓ 990 PDF
FY2022$444K revenue · ⤓ 990 PDF
FY2021$455K revenue · ⤓ 990 PDF
FY2020$329K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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