Interact Atx EIN 81-3289086

Interact Atx

EIN  81-3289086 Public charity (501(c)(3)) San Francisco, CA
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Size
$100K–1M
What they do
Trains young technologists through a two-year educational fellowship.
Leadership
Mackenzie Burnett · Board Member
Money in and out
$255K revenue, $84K expenses
Bottom line
94% program efficiency

Trains young technologists through a two-year educational fellowship. For fiscal year 2024 it reported $255K in revenue, $84K in expenses, and $211K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$255K
Pt VIII · Ln 12
Total expenses
$84K
Pt IX · Ln 25
Net assets
$211K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $171K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs▲ +12% vs prior filing year
Operating runway
34.1mo
months of highly liquid reserves at operating expense rate▲ +797% vs prior filing year
Surplus margin
+67%
revenue over expenses, this year▲ +407% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$255K
FY2024▼ -44%
Expenses
$84K
FY2024▼ -79%
Total assets
$238K
FY2024▲ +93%
Total liabilities
$27K
FY2024▼ -62%
Total revenue
$255K
Pt VIII · Ln 12
Total expenses
$84K
Pt IX · Ln 25
Net assets
$211K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$171K
Total assetsPt X · Ln 16$238K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $80K of program spending, described in the organization's own filed words · FY2024.
01

2024 Schedule: We invested in long-term infrastructure of the governance of the Fellowship via the institution of the Fellowship board. We served 850 Fellows. Our Fellowships are annual + have events throughout including: Townhalls Chapters events Fellowship Retreat

$80Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInteract Atx
EINHdr · item D81-3289086
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.joininteract.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFSep 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A

Santi Ruiz’s $90K as Executive Dir. is at the 79th percentile of top reported officer pay among 1616 $100K–1M education 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

NameFY2022FY2020
Santi Ruiz$90,273
Lindy Singer$25,905
Maran Nelson$18,046

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 & grants100%$255K
Other revenue$32
Total revenueLn 12$255K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$80K
Management & general6%$5K
Total functional expensesLn 25$84K

Balance Sheet

Part X · end of year
CashLn 1$239K
Total assetsLn 16$238K
Total liabilitiesLn 26$27K
Total net assetsLn 32$211K
Months of cash on handcomputed34.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $239K · Operating expenses/yr $84K
34.1 months
Where the money goes
Program services
Program services $80K · Total expenses $84K
94%
Management & General
Management & general $5K · Total expenses $84K
6%
Fundraising
Fundraising $0 · Total expenses $84K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $315K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $255K · Total revenue $255K
100%
Government reliance
Government grants — · Total revenue $255K
Earned-income share
Program service revenue $0 · Total revenue $255K
0%
Investment reliance
Investment income $0 · Total revenue $255K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $84K
0%
Growth & trend
Revenue growth (YoY)
This year $255K · Prior year $455K
-44%
Revenue CAGR
FY2020 $177K · FY2024 $255K
+10%
Net-asset trend (YoY)
End of year $211K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $255K · Expenses $84K
+67%
Liabilities-to-Assets
Total liabilities — · Total assets $238K
Net-asset ratio
Net assets $211K · Total assets $238K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $238K
0%
People & payroll
Highest Reported Total Compensation
Individual Mackenzie Burnett · Reported title Board Member · Highest reported compensation $0 · Total expenses $84K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $84K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Revenue growth -44%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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
Total grants receivedfrom 1 funder$250K

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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)$255K revenue · viewing · ⤓ 990 PDF
FY2023$455K revenue · ⤓ 990 PDF
FY2022$297K revenue · ⤓ 990 PDF
FY2021$644K revenue · ⤓ 990 PDF
FY2020$177K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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