Codehouse Corporation EIN 84-2963319

Codehouse Corporation

EIN  84-2963319 Public charity (501(c)(3)) Atlanta, GA Founded 2019
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Introduces high school and incoming college students to the tech industry.
Leadership
Ernest Holmes · President Senior Director · $22K
Money in and out
$131K revenue, $758K expenses
Bottom line
100% program efficiency

Introduces high school and incoming college students to the tech industry. For fiscal year 2025 it reported $131K in revenue, $758K in expenses, and $1.4M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$131K
Pt VIII · Ln 12
Total expenses
$758K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$627K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
21.5mo
months of highly liquid reserves at operating expense rate▼ -34% vs prior filing year
Surplus margin
-480%
revenue over expenses, this year▼ -1354% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$131K
FY2025▼ -89%
Expenses
$758K
FY2025▲ +3%
Total assets
$1.4M
FY2025▼ -32%
Total liabilities
$0
FY2025
Total revenue
$131K
Pt VIII · Ln 12
Total expenses
$758K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$627K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $636K of program spending, described in the organization's own filed words · FY2025.
01

Scholarship Programs

CodeHouse Corporation grants scholarships for the CodeHouse Scholars for Cohort 1 (2021); Cohort-2 (2022); Cohort-3 (2023) and Cohort-4 (2024), Cohort-5 of $5000 a year. Up to date we have a total of five cohorts and 1417 scholars.

$504Kprogram expense
02

Scholar Initiative

Summer Program Held on the month of July 2025. CodeHouse offered a summer academy program to 28 students from HBCU schools Spelman College, Morehouse College, Clark Atlanta University, Howard University and North Carlina A&T State University.

$131Kprogram expense
03

Codehouse Prep

Mentors high schools and middle schools students through the scholar program.

$500program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCodehouse Corporation
EINHdr · item D84-2963319
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jwww.thecodehouse.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B80)
Ruling yearIRS BMFOct 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President Senior Director
$21,900Pt VII · Sec A
Sec/Director of Curriculum and Instruction
$13,500Pt VII · Sec A
Treasureraccountant
$13,200Pt VII · Sec A
Board Member/Scholarship Director
$8,700Pt VII · Sec A
Vice-President Mentorship Director
$7,800Pt VII · Sec A

Ernest Holmes’s $22K as President Senior Director is at the 16th percentile of top reported officer pay among 1616 $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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ernest Holmes$21,900$24,000$26,000$21,000$15,000$7,000
Jaycee Holmes$13,500$19,200$18,000$17,400$16,500$5,000
Tavis Thompson$7,800$6,600$9,600$15,500$10,000$5,000
Flor Holmes$13,200$9,000$14,000$6,000$5,000$2,000
Dr Avery Kenly$8,700$7,200$7,200$6,600$3,000

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$62K · 47%
Contributions & grants$54K · 41%
Other revenue$15K · 11%
Investment income47%$62K
Contributions & grants41%$54K
Other revenue11%$15K
Total revenueLn 12$131K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$758K
Total functional expensesLn 25$758K

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$1.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.4M
Months of cash on handcomputed21.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $758K
21.5 months
Where the money goes
Program services
Program services $758K · Total expenses $758K
100%
Management & General
Management & general $0 · Total expenses $758K
0%
Fundraising
Fundraising $0 · Total expenses $758K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $770K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $54K · Total revenue $131K
41%
Government reliance
Government grants $0 · Total revenue $131K
0%
Earned-income share
Program service revenue $0 · Total revenue $131K
0%
Investment reliance
Investment income $62K · Total revenue $131K
+47%
Program self-sufficiency
Program service revenue $0 · Total expenses $758K
0%
Growth & trend
Revenue growth (YoY)
This year $131K · Prior year $1.2M
-89%
Revenue CAGR
FY2020 $240K · FY2025 $131K
-11%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $131K · Expenses $758K
-480%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ernest Holmes · Reported title President Senior Director · Highest reported compensation $22K · Total expenses $758K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $65K · Total expenses $758K
9%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth -89%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$717K
See all 3 funders →

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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
FY2025 (Latest)$131K revenue · viewing · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$1.5M revenue · ⤓ 990 PDF
FY2021$804K revenue · ⤓ 990 PDF
FY2020$240K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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