Software Education Foundation EIN 81-4001808 Form 990 (PDF) Claim this org

Software Education Foundation FY2022 filing

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Educates the public on software's contributions, promotes STEM learning, and clarifies software's role in policy. For fiscal year 2022 it reported $188K in revenue, $428K in expenses, and $1.7M in net assets.Pt I

Type
Supporting organization · Science & Technology
Location
Washington, DC
Website
www.software.org
Filings
4 on file (2021–2022)
Revenue
$188KFY2022
Expenses
$428K
Net assets
$1.7M
People
12
Filings
4
Updates
0
More identity details & actions ⌄
EIN  81-4001808 Supporting organization Washington, DC
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/2/26 · see original: 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 Thru 12/03/2021 · $379K
Money in and out
$188K revenue, $428K expenses
Bottom line
-128% net inflow
Money in and out · FY2022
Total revenue
$188K
Pt VIII · Ln 12
Total expenses
$428K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$240K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Net inflow
-128%
revenue over expenses, this year
Pass-through gifts
53%
of revenue from contributions
Program spending
96%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$188K
FY2022▼ -16%
Expenses
$428K
FY2022▼ -55%
Total assets
$2.7M
FY2022▼ -29%
Total liabilities
$1.0M
FY2022▼ -17%
Total revenue
$188K
Pt VIII · Ln 12
Total expenses
$428K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$240K
Total assetsPt X · Ln 16$2.7M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

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 (FY2021); the FY2022 filing did not itemize Part VII
Executive Director Thru 12/03/2021
$378,920Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$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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Mission & Programs · Part III

Where the work happens

2 program services account for $413K of program spending, described in the organization's own filed words · FY2021.
01

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.

$365Kprogram expense
02

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…

$48Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$100K · 53%
Investment income$88K · 47%
Contributions & grants53%$100K
Investment income47%$88K
Total revenueLn 12$188K

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%$413K
Management & general4%$15K
Total functional expensesLn 25$428K

Balance Sheet

Part X · end of year
CashLn 1$115K
Total assetsLn 16$2.7M
Total liabilitiesLn 26$1.0M
Total net assetsLn 32$1.7M
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.6M · Operating expenses/yr $428K
73.7 months
Where the money goes
Program services
Program services $413K · Total expenses $428K
96%
Management & General
Management & general $15K · Total expenses $428K
4%
Fundraising
Fundraising $0 · Total expenses $428K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $75K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $100K · Total revenue $188K
53%
Government reliance
Government grants — · Total revenue $188K
Earned-income share
Program service revenue $0 · Total revenue $188K
0%
Investment reliance
Investment income $88K · Total revenue $188K
+47%
Program self-sufficiency
Program service revenue $0 · Total expenses $428K
0%
Growth & trend
Revenue growth (YoY)
This year $188K · Prior year $224K
-16%
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $188K · Expenses $428K
-128%
Liabilities-to-Assets
Total liabilities — · Total assets $2.7M
Net-asset ratio
Net assets $1.7M · Total assets $2.7M
62%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $602K · Other securities (Pt X, ln 12) $1.9M · Total assets (Pt X, ln 16) $2.7M
94%
People & payroll
Highest Reported Total Compensation
Individual Chris Hopfensperger · Reported title EXECUTIVE DIRECTOR THRU 12/03/2021 · Highest reported compensation $379K · Total expenses $428K
88%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $156K · Total expenses $428K
36%
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%
Revenue growth -16%
Investment management fee ratio 0.4%
Accounting fee ratio 7%

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 · viewing · ⤓ 990 PDF
FY2021$224K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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