Codehouse Corporation FY2024 filing

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CodeHouse Corporation 501c3 NonProfit focuses on cultivating a strong pipeline between HBCU students and industry leading Technology Companies At its core CodeHouse aims to tackle the diversity gap in technology by providing exposure and resources to enhance students technical skills promoting internships and placements and elevating the next generation of diverse leadership in technology.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$66K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
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
5 of 6
filings with a surplus
Average surplus $244K a year · 29% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$66K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
32 mo
of spending, in cash
Looks good: 32.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $717K
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
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
-2% vs prior year
Spent
$733K
To programs
100%
Net assets
$2.0M
By yearFY2020–FY2025
Revenue
$1.2M
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$240K
FY2021$804K
FY2022$1.5M
FY2023$1.2M
FY2024$1.2M
FY2025$131K
Expenses
$733K
FY2024▼ -35%
Tap a bar for its year
Expenses by fiscal year
FY2020$68K
FY2021$283K
FY2022$619K
FY2023$1.1M
FY2024$733K
FY2025$758K
Net assets
$2.0M
FY2024▲ +30%
Tap a bar for its year
Net assets by fiscal year
FY2020$172K
FY2021$692K
FY2022$1.4M
FY2023$1.5M
FY2024$2.0M
FY2025$1.4M

From the FY2024 Form 990 · see the original

Give Claim
You’re viewing the FY2024 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 Oct 2019.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $733K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $66K paid to officers and key staff.

Part VII, Section A · reportable compensation
President Senior Director
$24,000Pt VII · Sec A
Sec/Director of Curriculum and Instruction
$19,200Pt VII · Sec A
Treasureraccountant
$9,000Pt VII · Sec A
Board Member/Scholarship Director
$7,200Pt VII · Sec A
Vice-President Mentorship Director
$6,600Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Ernest Holmes’s $22K as President Senior Director is at the 16th percentile of top reported officer pay among 1613 $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.

See Codehouse Corporation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Introduces high school and incoming college students to the tech industry.

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3 programs · $595K · in their own filed words · FY2024
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) of $5000 a year. Up to date we have a total of four cohorts and 119 scholars.

$482Kprogram expense
02

Scholar Initiative

Summer Program Held on the month of July 2024. CodeHouse offered a summer academy program to 22 students from HBCU schools Spelman College, Morehouse College, Clark Atlanta University, Howard University and North Carlina A&T State University.

$113Kprogram expense
03

No program

Pt IX · col B

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$717K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$65K
Other incomeLn 4–11$16K
Money outPt IX
$733K
Ln 25
Programscol B$733K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$2.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A5
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$65K
Other incomeLn 4–11$16K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$36K
SavingsLn 2$1.9M
Cash and savings togetherLn 1–2$2.0M
Total assetsLn 16$2.0M
LiabilitiesLn 26$0
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.5M$2.0M
Total assetsLn 16$1.5M$2.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.5M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$66K$66K
Accounting feesLn 11c$1K$1K
InsuranceLn 23$996$996
Other expenses (24a–d)Ln 24$617K$617K$0$0
All other expensesLn 24e$48K$48K$0$0
Total functional expensesLn 25$733K$733K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 14, 2026 $131K$758K−$627K$1.4M 990 PDF
FY2024 ViewingFiled with the IRS May 15, 2025 $1.2M$733K$455K$2.0M 990 PDF
FY2023Filed with the IRS May 15, 2024 $1.2M$1.1M$89K$1.5M 990 PDF
FY2022Filed with the IRS May 6, 2023 $1.5M$619K$856K$1.4M 990 PDF
FY2021Filed with the IRS May 9, 2022 $804K$283K$521K$692K 990 PDF
FY2020Filed with the IRS Apr 15, 2021 $240K$68K$172K$172K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,188,044 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,148,060$1,107,441
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $49,142$64,964
I-11 Other revenuePrior year $12,627$15,639
I-12 Total revenuePrior year $1,209,829$1,188,044
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$66,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,121,201$667,044
I-18 Total expensesPrior year $1,121,201$733,044
I-19 Revenue less expensesPrior year $88,628$455,000
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,188,044 across 12 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$1,107,441
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$1,107,441
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $64,964 · Excluded from tax $0$64,964
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $15,639 · Excluded from tax $0$15,639
VIII-12 Total revenueRelated to mission $0 · Unrelated business $80,603 · Excluded from tax $0$1,188,044
Part IX · Statement of functional expenses $733,044 across 5 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $66,000$66,000
IX-11c Accounting feesPrograms $1,035$1,035
IX-23 InsurancePrograms $996$996
IX-24 Other expenses (24a–d)Programs $616,592 · Management $0 · Fundraising $0$616,592
IX-24e All other expensesPrograms $48,421 · Management $0 · Fundraising $0$48,421
IX-25 Total functional expensesPrograms $733,044 · Management $0 · Fundraising $0$733,044
Part X · Balance sheet $1,985,271 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $426,684$36,203
X-2 Savings and temporary cash investmentsStart of year $1,102,831$1,949,068
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-16 Total assetsStart of year $1,529,515$1,985,271
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,529,515$1,985,271
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,529,515$1,985,271
X-33 Total liabilities and net assetsStart of year $1,529,515$1,985,271
Part XI · Reconciliation of net assets $1,985,271 net assets at year end
XI-1 Total revenue$1,188,044
XI-2 Total expenses$733,044
XI-3 Revenue less expenses$455,000
XI-4 Net assets at start of year$1,529,515
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$756
XI-10 Net assets at end of year$1,985,271

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

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