Helps Black and Latinx college computer science students stay in school and succeed.
For fiscal year 2022 it reported $1.3M in revenue, $720K in expenses, and $1.2M in net assets.Pt I
Where the money goes · FY2022
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$720K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $629K
Where spending went · Part IX cols B–D
67%
21%
Program services $0.67 Management & general $0.21 Fundraising $0.11
Program efficiency
67%
of spending reaches programs
Operating runway
25.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+47%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2022 · Form 990
Revenue
$1.3M
FY2022▲ +62%
$2.2M$1.1M$0
FY2021FY2025
Expenses
$720K
FY2022▲ +172%
$2.1M$1.0M$0
FY2021FY2025
Total assets
$1.6M
FY2022▲ +150%
$2.4M$1.2M$0
FY2021FY2025
Total liabilities
$342K
FY2022▲ ×10
$719K$360K$0
FY2021FY2025
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$720K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$629K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B67%
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 $450K of program spending, described in the organization's own filed words · FY2021.
01
Colorstack Family
Our community at-large which consists of 1100+ members from over 300+ schools. We host this community on slack, organize monthly events for them to attend called fam fridays, and a yearly career summit called stacked up summit.
$348Kprogram expense
02
Sprout
This program is designed to increase the retention of black and latinx college students in computer science. After roughly 3 months of content, coding, and community, program participants walk away with the confidence needed to graduate with a degree in computer science and launch a career in engineering.
$51Kprogram expense
03
Career Camp
This program is a multi-week intensive experience designed to equip our least prepared students with the knowledge, resources, and community they need to conquer the recruiting season. This program reaches around 150 students each summer.
Jehron Petty’s $185K as Chief Executive Officer
is at the 61st percentile of top reported officer pay among 2834 $1–10M community development 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 · 3 named individuals · Part VII
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.
Individual Jehron Petty · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $29K · Total expenses $720K
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $437K · Total expenses $720K
61%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
67%
—
—
Overhead ratio
21%
—
—
Fundraising cost ratio
6%
—
—
Revenue growth
62%
—
—
Legal fee ratio
2%
—
—
Accounting fee ratio
3%
—
—
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.
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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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