Free Code Camp INC

Tax-deductible

Plano, TX501(c)(3)Science & TechnologyEIN 82-0779546Revenue $3.0M in FY2024

On file with the IRS3905 Hedgcoxe Rd Unit 250352, 75025-0859 · Plano, TXTax-exempt since Jan 2018Publicly supported charity — 170(b)(1)(A)(vi)

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We help people learn computer programming for free. We accomplish this by creating thousands of videos articles and interactive coding lessons - all freely available to the public.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Run by 200 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
5 of 5
filings with a surplus
Average surplus $1.5M a year · 56% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$325K
to officers and key staff · 20% of spending
Top officer’s pay higher than 89% of similar orgs
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $27K
Looks good: 3 funders name it on their filings; 3 or more.
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
2
of 3 voting members
Looks good: 2 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
$3.0M
+38% vs prior year
Spent
$1.7M
To programs
84%
Net assets
$9.8M
By yearFY2020–FY2024
Revenue
$3.0M
FY2024▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2020$754K
FY2021$3.2M
FY2022$4.3M
FY2023$2.2M
FY2024$3.0M
Expenses
$1.7M
FY2024▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$496K
FY2021$881K
FY2022$1.4M
FY2023$1.4M
FY2024$1.7M
Net assets
$9.8M
FY2024▲ +41%
Tap a bar for its year
Net assets by fiscal year
FY2020$331K
FY2021$2.7M
FY2022$5.0M
FY2023$6.9M
FY2024$9.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2018.

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% · $1.4M Management & general 9% · $150K Fundraising 7% · $113K

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

3 people listed on the 990; $325K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec Dir/Treas
$325,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Quincy Larson’s $325K as Exec Dir/Treas is at the 89th percentile of top reported officer pay among 363 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Michael Quincy Larson$325,000$220,500$199,500—$102,000
Micheal Quincy Larson———$126,375—

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.

See Free Code Camp INC executive salaries →

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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

Offers free online programming lessons through videos, articles, and interactive exercises.

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Provided by the organization

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3 programs · $1.4M · in their own filed words · FY2024
01

Core Curriculum

freecodecamp.org/learn - We refined freeCodeCamps core curriculum of more than 3,000 hours of interactive programming learning. We made significant improvements to our existing certification programs. A vast amount of work remains in refining our core curriculum, but we are making steady progress.

$682Kprogram expense
02

Publication

freecodecamp.org/news - Our charity's publication hosts more than 10,000 tutorials on math, programming, and computer science. We have a number of editors and authors who work to make this possible.

$378Kprogram expense
03

Youtube Channel

We developed more than 100 full-length video courses about math, programming, and technology, and made them freely available on freeCodeCamps YouTube channel, which now has more than 11 million subscribers. Many of these courses were created by university professors and experienced practitioners from the field of software development.

$329Kprogram 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 3 funders$27K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Gifts and grantsLn 1h$1.4M
Other incomeLn 4–11$1.3M
Fees for servicesLn 2g$143K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.4M
Managementcol C$150K
Fundraisingcol D$113K
Owns and owesPt X
$9.8M
net assets · Ln 32
Cash and savingsLn 1–2$90K
Total assetsLn 16$9.8M
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Fees for servicesLn 2g$143K
Investment incomeLn 3$123K
Other incomeLn 4–11$1.3M
Gains on assetsLn 7$0
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$90K
SavingsLn 2$0
Cash and savings togetherLn 1–2$90K
InvestmentsLn 11–13$9.7M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$268
Total assetsLn 16$9.8M
LiabilitiesLn 26$0
Net assetsLn 32$9.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6200
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 FY24End FY24
Cash and savingsLn 1–2$258K$90K
InvestmentsLn 11–13$6.6M$9.7M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$6.9M$9.8M
LiabilitiesLn 26$0$0
Net assetsLn 32$6.9M$9.8M
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$325K$108K$108K$108K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$15K$5K$5K$5K
Management feesLn 11a$0
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$3K$3K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$1.2M$1.2M
Advertising and promotionLn 12$0
Office expensesLn 13$32K$700$31K
Information technologyLn 14$66K$66K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$8K$8K
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$0
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$1.7M$1.4M$150K$113K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.0M$1.7M$1.3M$9.8M 990 PDF
FY2023 $2.2M$1.4M$745K$6.9M 990 PDF
FY2022 $4.3M$1.4M$2.9M$5.0M 990 PDF
FY2021 $3.2M$881K$2.4M$2.7M 990 PDF
FY2020 $754K$496K$259K$331K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $2,986,509 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,173,685$1,400,546
I-9 Program service revenuePrior year $160,016$142,983
I-10 Investment incomePrior year $93,111$123,277
I-11 Other revenuePrior year $743,662$1,319,703
I-12 Total revenuePrior year $2,170,474$2,986,509
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $221,456$340,166
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,203,828$1,313,028
I-18 Total expensesPrior year $1,425,284$1,653,194
I-19 Revenue less expensesPrior year $745,190$1,333,315
Part VI · Governance 2 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
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 $2,986,509 across 9 lines filed
VIII-1f All other contributions, gifts and grants$1,400,546
VIII-1h Total contributions, gifts and grants$1,400,546
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $142,983$142,983
VIII-3 Investment incomeExcluded from tax $123,277$123,277
VIII-5 RoyaltiesExcluded from tax $1,319,703$1,319,703
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 revenueUnrelated business $142,983 · Excluded from tax $1,442,980$2,986,509
Part IX · Statement of functional expenses $1,653,194 across 30 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 staffPrograms $108,334 · Management $108,333 · Fundraising $108,333$325,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $5,056 · Management $5,055 · Fundraising $5,055$15,166
IX-11a Management fees$0
IX-11b Legal feesManagement $2,683$2,683
IX-11c Accounting feesManagement $2,912$2,912
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,201,747$1,201,747
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $700 · Management $31,224$31,924
IX-14 Information technologyPrograms $65,560$65,560
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $8,202$8,202
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 amortization$0
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $1,389,599 · Management $150,207 · Fundraising $113,388$1,653,194
Part X · Balance sheet $9,750,593 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $258,143$89,918
X-2 Savings and temporary cash investmentsStart of year $101$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 securitiesStart of year $6,642,425$9,660,407
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $354$268
X-16 Total assetsStart of year $6,901,023$9,750,593
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $6,901,023$9,750,593
X-32 Total net assets or fund balancesStart of year $6,901,023$9,750,593
X-33 Total liabilities and net assetsStart of year $6,901,023$9,750,593
Part XI · Reconciliation of net assets $9,750,593 net assets at year end
XI-1 Total revenue$2,986,509
XI-2 Total expenses$1,653,194
XI-3 Revenue less expenses$1,333,315
XI-4 Net assets at start of year$6,901,023
XI-5 Net unrealized gains (losses) on investments$1,504,705
XI-8 Prior period adjustments$11,550
XI-10 Net assets at end of year$9,750,593

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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