Codepath's mission is to reprogram higher education to create the first ai-native generation of engineers, ctos, and founders. The organization delivers industry-vetted courses and career support centered on the needs of first generation and low-income students. Codepath's students train with senior engineers, intern at top companies, and rise together to become the tech leaders of tomorrow.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$1.8M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
7 of 7
filings with a surplus
Average surplus $5.2M a year · 29% of revenue · last 7 filings
Looks good: a surplus in 7 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.8M
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
14 mo
of spending, in cash
Looks good: 14.1 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
$1.1M
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$23.4M
+156% vs prior year
Spent
$10.9M
To programs
72%
Net assets
$17.5M
By yearFY2019–FY2025
Revenue
$23.4M
FY2022▲ +156%
Tap a bar for its year
Revenue by fiscal year
FY2019$2.4M
FY2020$4.2M
FY2021$9.2M
FY2022$23.4M
FY2023$31.1M
FY2024$25.0M
FY2025$31.1M
Expenses
$10.9M
FY2022▲ +60%
Tap a bar for its year
Expenses by fiscal year
FY2019$1.3M
FY2020$2.8M
FY2021$6.8M
FY2022$10.9M
FY2023$16.3M
FY2024$22.5M
FY2025$29.2M
Net assets
$17.5M
FY2022▲ +256%
Tap a bar for its year
Net assets by fiscal year
FY2019$867K
FY2020$2.5M
FY2021$4.9M
FY2022$17.5M
FY2023$31.4M
FY2024$33.9M
FY2025$35.8M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2018.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $7.9M Management & general 19% · $2.1M Fundraising 8% · $886K

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

14 people listed on the 990; $1.8M paid to officers and key staff.

Part VII, Section A · reportable compensation
$250,735Pt VII · Sec A
$224,728Pt VII · Sec A
$222,725Pt VII · Sec A
$213,963Pt VII · Sec A
VP of Marketing
$210,655Pt VII · Sec A
VP of Finance & HR
$209,859Pt VII · Sec A
Dir of Development
$184,084Pt VII · Sec A
VP of Programs
$177,423Pt VII · Sec A

Michael Ellison’s $390K as CEO &/President is at the 79th percentile of top reported officer pay among 3683 $10–100M 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Michael Ellison$389,972$328,795$257,536———
Timothy Lee$340,063$271,238$240,927$222,725——
Christopher Coleman$316,620—————
Mindee Barham—$276,949————
Dana Ledyard$259,183$273,440$272,088$250,735$52,273—
Kelly Anguiano——$259,076$177,423——
Zack Parker$247,107$232,812————
Emily Chong$243,227$212,601$225,357$210,655$199,665$136,648

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 15aYes

Programs and updates

Transforms computer science education to boost diversity in tech for minorities and underserved groups.

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3 programs · $7.9M · in their own filed words · FY2022
01

Codepath university courses deliver industry-approved curriculum to undergraduate computer science students. Courses are designed to build fundamental computer science skills for underserved students, augment existing university computer science coursework, provide hands-on programming experience, and preparation for technical work…

$5.3Mprogram expense
02

Summer internship for tech excellence (site) program supports rising juniors with relevant work experience and weekly mentorship from various software engineering teams. Students are introduced to full-stack web development, gaining an understanding of database, back-end code, front-end code, testing, design, and deployment.

$1.3Mprogram expense
03

Career center program supports codepath students participating in our courses on their path to industry employment through career fairs, workshops, interview prep, mentorship and other offerings. Career center services are provided at no charge to students and are available to students at any point in their educational experience.

$1.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
New Profit INCFY2025$250K
Total grants receivedfrom 1 funder$250K
Grants paid · 9 grants · $1.4M · 2021–2025
Unitemized GrantFY2025$17,000
Unitemized GrantFY2024$573,000
Unitemized GrantFY2023$485,000
Unitemized GrantFY2023$43,000
Unitemized GrantFY2023$3,700
Unitemized GrantFY2023$3,500
Unitemized GrantFY2022$53,695
Unitemized GrantFY2021$244,120

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$23.4M
Ln 12
Gifts and grantsLn 1h$19.5M
Fees for servicesLn 2g$3.8M
Other incomeLn 4–11$114K
Money outPt IX
$10.9M
Ln 25
Programscol B$7.9M
Managementcol C$2.1M
Fundraisingcol D$886K
Owns and owesPt X
$17.5M
net assets · Ln 32
Cash and savingsLn 1–2$12.7M
Total assetsLn 16$18.6M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
14
listed · VII A
PaidVII A9
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$19.5M
Fees for servicesLn 2g$3.8M
Investment incomeLn 3$5K
Other incomeLn 4–11$114K
Gains on assetsLn 7$0
Total revenueLn 12$23.4M
Assets in detailPt X, end of year
CashLn 1$10.7M
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$12.7M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$18.6M
LiabilitiesLn 26$1.1M
Net assetsLn 32$17.5M
OperationsPt I, VI
EmployeesI 5804
VolunteersI 61,964
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$6.6M$12.7M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$6.9M$18.6M
LiabilitiesLn 26$2.0M$1.1M
Net assetsLn 32$4.9M$17.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$54K$54K
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$968K$638K$301K$30K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$3.5M$2.4M$516K$559K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$287K$232K$25K$29K
Payroll taxesLn 10$298K$200K$62K$36K
Management feesLn 11a$0
Legal feesLn 11b$27K$27K
Accounting feesLn 11c$109K$109K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$3.2M$2.7M$381K$167K
Advertising and promotionLn 12$371K$241K$104K$26K
Office expensesLn 13$4K$4K
Information technologyLn 14$979K$979K
RoyaltiesLn 15$0
OccupancyLn 16$2K$2K
TravelLn 17$354K$268K$51K$35K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$33K$33K
InsuranceLn 23$27K$27K
Other expenses (24a–d)Ln 24$524K$119K$401K$4K
All other expensesLn 24e$87K$21K$66K
Total functional expensesLn 25$10.9M$7.9M$2.1M$886K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $31.1M$29.2M$1.9M$35.8M 990 PDF
FY2024 $25.0M$22.5M$2.5M$33.9M 990 PDF
FY2023 $31.1M$16.3M$14.8M$31.4M 990 PDF
FY2022 Viewing $23.4M$10.9M$12.6M$17.5M 990 PDF
FY2021 $9.2M$6.8M$2.4M$4.9M 990 PDF
FY2020 $4.2M$2.8M$1.4M$2.5M 990 PDF
FY2019 $2.4M$1.3M$1.1M$867K 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 J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $23,442,041 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,683,081$19,525,325
I-9 Program service revenuePrior year $2,477,504$3,797,871
I-10 Investment incomePrior year $1,980$4,844
I-11 Other revenue$114,001
I-12 Total revenuePrior year $9,162,565$23,442,041
I-13 Grants and similar amounts paidPrior year $244,120$53,695
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,367,383$5,065,011
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,175,232$5,745,558
I-18 Total expensesPrior year $6,786,735$10,864,264
I-19 Revenue less expensesPrior year $2,375,830$12,577,777
Part VI · Governance 5 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $23,442,041 across 10 lines filed
VIII-1f All other contributions, gifts and grants$19,525,325
VIII-1h Total contributions, gifts and grants$19,525,325
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,797,871$3,797,871
VIII-3 Investment incomeExcluded from tax $4,844$4,844
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-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $114,001$114,001
VIII-12 Total revenueRelated to mission $3,911,872 · Excluded from tax $4,844$23,442,041
Part IX · Statement of functional expenses $10,864,264 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $53,695$53,695
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 staffPrograms $637,555 · Management $300,603 · Fundraising $29,748$967,906
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $2,437,933 · Management $516,026 · Fundraising $558,579$3,512,538
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $231,791 · Management $25,397 · Fundraising $29,385$286,573
IX-10 Payroll taxesPrograms $199,855 · Management $62,467 · Fundraising $35,672$297,994
IX-11a Management fees$0
IX-11b Legal feesManagement $27,027$27,027
IX-11c Accounting feesManagement $108,946$108,946
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $2,680,496 · Management $380,991 · Fundraising $166,525$3,228,012
IX-12 Advertising and promotionPrograms $241,214 · Management $103,684 · Fundraising $26,355$371,253
IX-13 Office expensesManagement $4,392$4,392
IX-14 Information technologyPrograms $978,681$978,681
IX-15 Royalties$0
IX-16 OccupancyManagement $2,492$2,492
IX-17 TravelPrograms $267,734 · Management $50,508 · Fundraising $35,425$353,667
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $33,360$33,360
IX-23 InsuranceManagement $26,707$26,707
IX-24 Other expenses (24a–d)Programs $118,755 · Management $401,063 · Fundraising $4,075$523,893
IX-24e All other expensesPrograms $21,120 · Management $66,008$87,128
IX-25 Total functional expensesPrograms $7,868,829 · Management $2,109,671 · Fundraising $885,764$10,864,264
Part X · Balance sheet $18,551,434 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $6,555,985$10,721,288
X-2 Savings and temporary cash investments$1,999,273
X-3 Pledges and grants receivableStart of year $100,000$5,331,400
X-4 Accounts receivableStart of year $162,000$276,776
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $86,619$105,739
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 assetsStart of year $36,900$116,958
X-15 Other assets$0
X-16 Total assetsStart of year $6,941,504$18,551,434
X-17 Accounts payable and accrued expensesStart of year $259,983$300,861
X-19 Deferred revenueStart of year $178,246$188,375
X-25 Other liabilitiesStart of year $1,592,805$574,737
X-26 Total liabilitiesStart of year $2,031,034$1,063,973
X-27 Net assets without donor restrictionsStart of year $4,910,470$11,438,223
X-28 Net assets with donor restrictions$6,049,238
X-32 Total net assets or fund balancesStart of year $4,910,470$17,487,461
X-33 Total liabilities and net assetsStart of year $6,941,504$18,551,434
Part XI · Reconciliation of net assets $17,487,461 net assets at year end
XI-1 Total revenue$23,442,041
XI-2 Total expenses$10,864,264
XI-3 Revenue less expenses$12,577,777
XI-4 Net assets at start of year$4,910,470
XI-5 Net unrealized gains (losses) on investments−$786
XI-10 Net assets at end of year$17,487,461

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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