Software Education Foundation EIN 81-4001808

Software Education Foundation FY2021 filing

EIN  81-4001808 Supporting organization Washington, DC
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 9/2/26 · see original filing: IRS
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Size
$1–10M
What they do
Educates the public on software's contributions, promotes STEM learning, and clarifies software's role in policy.
Leadership
Chris Hopfensperger · Executive Director · $351K
Money in and out
$224K revenue, $946K expenses
Bottom line
-322% net inflow

Educates the public on software's contributions, promotes STEM learning, and clarifies software's role in policy. For fiscal year 2021 it reported $224K in revenue, $946K in expenses, and $2.5M in net assets.Pt I

Money in and out · FY2021
Total revenue
$224K
Pt VIII · Ln 12
Total expenses
$946K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$722K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Net inflow
-322%
revenue over expenses, this year
Pass-through gifts
22%
of revenue from contributions
Program spending
96%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$224K
FY2021
Expenses
$946K
FY2021
Total assets
$3.7M
FY2021
Total liabilities
$1.2M
FY2021
Total revenue
$224K
Pt VIII · Ln 12
Total expenses
$946K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$722K
Total assetsPt X · Ln 16$3.7M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $909K of program spending, described in the organization's own filed words · FY2020.
01

Research and Publication

SOFTWARE.ORG publishes studies and develops reports that explain cutting-edge technologies before they become mainstream; highlight the economic and employment benefits that the software industry provides to the overall economy; and examine the intersection of software and society by demonstrating the potential changes that…

$450Kprogram expense
02

Stem Education

SOFTWARE.ORG encourages a diverse community of coders and works to increase opportunities for training and skills by directly supporting philanthropic efforts aimed to encourage girls and minorities to enter the software workforce.

$450Kprogram expense
03

Public Education

SOFTWARE.ORG develops and executes educational events in order to engage with policymakers and the public to examine the legal, educational, and economic environment that will enable society to best take advantage of cutting-edge technologies.

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSoftware Education Foundation
EINHdr · item D81-4001808
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.software.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U41)
Ruling yearIRS BMFOct 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$350,880Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/President
$0Pt VII · Sec A

Chris Hopfensperger’s $379K as Executive Director Thru 12/03/2021 is at the 93rd percentile of top reported officer pay among 362 $1–10M science & technology 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

NameFY2022FY2021
Chris Hopfensperger$378,920$350,880

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
Investment income$174K · 78%
Contributions & grants$50K · 22%
Investment income78%$174K
Contributions & grants22%$50K
Total revenueLn 12$224K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$909K
Management & general4%$38K
Total functional expensesLn 25$946K

Balance Sheet

Part X · end of year
CashLn 1$134K
Total assetsLn 16$3.7M
Total liabilitiesLn 26$1.2M
Total net assetsLn 32$2.5M
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.7M · Operating expenses/yr $946K
46.9 months
Where the money goes
Program services
Program services $909K · Total expenses $946K
96%
Management & General
Management & general $38K · Total expenses $946K
4%
Fundraising
Fundraising $0 · Total expenses $946K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $50K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $50K · Total revenue $224K
22%
Government reliance
Government grants — · Total revenue $224K
Earned-income share
Program service revenue $0 · Total revenue $224K
0%
Investment reliance
Investment income $174K · Total revenue $224K
+78%
Program self-sufficiency
Program service revenue $0 · Total expenses $946K
0%
Growth & trend
Revenue growth (YoY)
This year $224K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $2.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $224K · Expenses $946K
-322%
Liabilities-to-Assets
Total liabilities — · Total assets $3.7M
Net-asset ratio
Net assets $2.5M · Total assets $3.7M
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.5M · Other securities (Pt X, ln 12) $2.1M · Total assets (Pt X, ln 16) $3.7M
95%
People & payroll
Highest Reported Total Compensation
Individual Chris Hopfensperger · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $351K · Total expenses $946K
37%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $582K · Total expenses $946K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Accounting fee ratio 1%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$50K
Grants paid · 1 grant · $75K · 2023–2023
Girls Who Code INCNY · FY2023$75,000

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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)$2.4M revenue · ⤓ 990 PDF
FY2023$241K revenue · ⤓ 990 PDF
FY2022$188K revenue · ⤓ 990 PDF
FY2021$224K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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