Two year educational fellowship for young technologists.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
3 of 4
filings with a surplus
Average surplus $61K a year · 15% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
18 mo
of spending, in cash
Looks good: 18.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$644K
+263% vs prior year
Spent
$268K
To programs
84%
Net assets
$403K
By yearFY2020–FY2024
Revenue
$644K
FY2021▲ +263%
Tap a bar for its year
Revenue by fiscal year
FY2020$177K
FY2021$644K
FY2022$297K
FY2023$455K
FY2024$255K
Expenses
$268K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$268K
FY2022$658K
FY2023$395K
FY2024$84K
Net assets
$403K
FY2021▲ ×15
Tap a bar for its year
Net assets by fiscal year
FY2020$28K
FY2021$403K
FY2022−$9K
FY2023$52K
FY2024$211K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 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 ruling in Sep 2016.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $225K Management & general 14% · $37K Fundraising 2% · $6K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer/Sec.
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Santi Ruiz’s $90K as Executive Dir. is at the 78th percentile of top reported officer pay among 1613 $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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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

Trains young technologists through a two-year educational fellowship.

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Provided by the organization

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1 program · $225K · in their own filed words · FY2021
01

Provided three terms of programming for young founders, scholars in the intersection of liberal arts and technology, and technologists building creative projects.

$225Kprogram 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 · FY2024
Total grants receivedfrom 1 funder$250K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$644K
Ln 12
Gifts and grantsLn 1h$644K
Money outPt IX
$268K
Ln 25
Programscol B$225K
Managementcol C$37K
Fundraisingcol D$6K
Owns and owesPt X
$403K
net assets · Ln 32
Cash and savingsLn 1–2$403K
Total assetsLn 16$403K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$644K
Gains on assetsLn 7$0
Total revenueLn 12$644K
Assets in detailPt X, end of year
CashLn 1$403K
SavingsLn 2$0
Cash and savings togetherLn 1–2$403K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$403K
LiabilitiesLn 26$0
Net assetsLn 32$403K
OperationsPt I, VI
EmployeesI 52
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$55K$403K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$55K$403K
LiabilitiesLn 26$27K$0
Net assetsLn 32$28K$403K
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$86K$60K$22K$4K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$5K$3K$1K$245
Payroll taxesLn 10$7K$5K$2K$330
Management feesLn 11a$0
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$400$400
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$4K$3K$190$242
Information technologyLn 14$4K$2K$886$177
RoyaltiesLn 15$0
OccupancyLn 16$6K$4K$1K$275
TravelLn 17$2K$1K$378$75
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$143K$143K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$3K$3K
All other expensesLn 24e$0
Total functional expensesLn 25$268K$225K$37K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $255K$84K$171K$211K 990 PDF
FY2023 $455K$395K$60K$52K 990 PDF
FY2022 $297K$658K−$361K−$9K 990 PDF
FY2021 Viewing $644K$268K$376K$403K 990 PDF
FY2020 $177K$28K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $643,618 revenue, 12 lines filed
I-8 Contributions and grants$643,618
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$643,618
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$97,587
I-16a Professional fundraising fees$0
I-17 Other expenses$170,183
I-18 Total expenses$267,770
I-19 Revenue less expenses$375,848
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $643,618 across 8 lines filed
VIII-1f All other contributions, gifts and grants$643,618
VIII-1h Total contributions, gifts and grants$643,618
VIII-3 Investment income$0
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 revenue$643,618
Part IX · Statement of functional expenses $267,770 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 $60,261 · Management $21,522 · Fundraising $4,304$86,087
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $3,440 · Management $1,229 · Fundraising $245$4,914
IX-10 Payroll taxesPrograms $4,610 · Management $1,646 · Fundraising $330$6,586
IX-11a Management fees$0
IX-11b Legal feesManagement $9,835$9,835
IX-11c Accounting feesManagement $400$400
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $3,395 · Management $190 · Fundraising $242$3,827
IX-14 Information technologyPrograms $2,480 · Management $886 · Fundraising $177$3,543
IX-15 Royalties$0
IX-16 OccupancyPrograms $3,850 · Management $1,375 · Fundraising $275$5,500
IX-17 TravelPrograms $1,057 · Management $378 · Fundraising $75$1,510
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $142,568$142,568
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $3,000$3,000
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $224,661 · Management $37,461 · Fundraising $5,648$267,770
Part X · Balance sheet $403,367 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $54,519$403,367
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 $54,519$403,367
X-26 Total liabilitiesStart of year $27,000$0
X-27 Net assets without donor restrictionsStart of year $27,519$403,367
X-32 Total net assets or fund balancesStart of year $27,519$403,367
X-33 Total liabilities and net assetsStart of year $54,519$403,367
Part XI · Reconciliation of net assets $403,367 net assets at year end
XI-1 Total revenue$643,618
XI-2 Total expenses$267,770
XI-3 Revenue less expenses$375,848
XI-4 Net assets at start of year$27,519
XI-10 Net assets at end of year$403,367

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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