Develop for Good EIN 85-1596146

Develop for Good FY2024 filing

EIN  85-1596146 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
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Size
$1–10M
What they do
Pairing students with nonprofits to build tech solutions.
Leadership
Mary Zhu · Executive Director · $72K
Money in and out
$810K revenue, $538K expenses
Bottom line
92% program efficiency

Pairing students with nonprofits to build tech solutions. For fiscal year 2024 it reported $810K in revenue, $538K in expenses, and $706K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$810K
Pt VIII · Ln 12
Total expenses
$538K
Pt IX · Ln 25
Net assets
$706K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $273K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.04 Fundraising $0.04
Program efficiency
92%
of spending reaches programs
Operating runway
41.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+34%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$810K
FY2024▲ +32%
Expenses
$538K
FY2024▲ +97%
Total assets
$706K
FY2024▲ +63%
Total liabilities
$0
FY2024
Total revenue
$810K
Pt VIII · Ln 12
Total expenses
$538K
Pt IX · Ln 25
Net assets
$706K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$273K
Total assetsPt X · Ln 16$706K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $493K of program spending, described in the organization's own filed words · FY2023.
01

Volunteer Engineering and Design Program

We match and support skilled volunteer college students and recent graduates to work on designing and building digital products for nonprofits and governing agencies.

$419Kprogram expense
02

Volunteer Mentorship Program

We match industry professionals as mentors to our volunteer college students to conduct code and design reviews, provide guidance, and offer career advice.

$74Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDevelop for Good
EINHdr · item D85-1596146
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jdevelopforgood.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W02)
Ruling yearIRS BMFAug 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$71,833Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Mary Zhu’s $91K as President is at the 19th percentile of top reported officer pay among 731 $1–10M public & societal benefit 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023
Mary Zhu$90,957$71,833$70,573

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 Develop for Good executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$722K · 89%
Program service revenue$83K · 10%
Investment income$5K · 1%
Contributions & grants89%$722K
Program service revenue10%$83K
Investment income1%$5K
Total revenueLn 12$810K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.04 Fundraising $0.04
Program services92%$493K
Management & general4%$23K
Fundraising4%$21K
Total functional expensesLn 25$538K

Balance Sheet

Part X · end of year
CashLn 1$602K
Total assetsLn 16$706K
Total liabilitiesLn 26$0
Total net assetsLn 32$706K
Months of cash on handcomputed13.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $602K · Operating expenses (Pt IX) $538K · Less non-cash grants $363K · Cash operating expenses/yr $175K
41.3 months
Where the money goes
Program services
Program services $493K · Total expenses $538K
92%
Management & General
Management & general $23K · Total expenses $538K
4%
Fundraising
Fundraising $21K · Total expenses $538K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $15K · Solicited contributions (2-yr avg) $650K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $722K · Total revenue $810K
89%
Government reliance
Government grants $0 · Total revenue $810K
0%
Earned-income share
Program service revenue $83K · Total revenue $810K
10%
Investment reliance
Investment income $5K · Total revenue $810K
+1%
Program self-sufficiency
Program service revenue $83K · Total expenses $538K
15%
Growth & trend
Revenue growth (YoY)
This year $810K · Prior year $612K
+32%
Net-asset trend (YoY)
End of year $706K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $810K · Expenses $538K
+34%
Liabilities-to-Assets
Total liabilities — · Total assets $706K
Net-asset ratio
Net assets $706K · Total assets $706K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $706K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mary Zhu · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $72K · Total expenses $538K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $124K · Total expenses $538K
23%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 4%
Fundraising cost ratio 3%
Revenue growth 32%
Legal fee ratio 0%
Accounting fee ratio 1%

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 · received and paid
Grants received · FY2024
Tides FoundationFY2024$140K
FfwdFY2024$100K
Total grants receivedfrom 5 funders$486K
See all 5 funders →
Grants paid · 1 grant · $9K · 2023–2023
Unitemized GrantFY2023$8,825

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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)$1.2M revenue · ⤓ 990 PDF
FY2024$810K revenue · viewing · ⤓ 990 PDF
FY2023$612K revenue · ⤓ 990 PDF
FY2022$141K revenue · ⤓ 990 PDF
FY2021$83K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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