Ada Developers Academy
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Provides coworking and event space to foster AI talent, collaboration, and entrepreneurship in the Seattle region. For fiscal year 2024 it reported $3.6M in revenue, $5.2M in expenses, and $2.3M in net assets.Pt I
Summary of the Filing
Where the work happens
Ada's workforce development programs helps to close the tech skills gap and create more access to economic mobility for underserved communities, ensuring they are job-ready junior full-stack engineers and technologists. We provide comprehensive support to ensure student success. Over 75% of our students come from low-income backgrounds.
In 2024, ada served 3,889 students through our free preparatory program, build & build live, which teaches adult learners the basics of coding. Additionally, we served 137 students through our core program, an immersive, cost-free program that combines classroom training with an educational internship to teach students both coding and…
Late 2024 ada began work on ai house, which is a dedicated coworking and event space. The space will be used for ada, AI2 incubator, and other groups and organizations throughout the region to build talent and solutions that will further expand seattle's reputation.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Alexandra White Holien’s $217K as VP of Corporate Partnerships is at the 86th percentile of top reported officer pay among 3393 $1–10M 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 · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Lauren Sato | — | — | $231,810 | — |
| Alexandra White Holien | $216,837 | $205,532 | $174,128 | — |
| Lauren Sato | — | — | — | $215,046 |
| Alina Brunner 11-831 | — | $207,316 | — | — |
| Lynn Soon Hewitt | — | $201,337 | — | — |
| Lisa Flores | — | — | — | $199,379 |
| Lauren Sato 11-719 | — | $192,148 | — | — |
| Tina-Marie Gulley | $189,657 | — | — | — |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 59% | — | — |
| Overhead ratio | 18% | — | — |
| Fundraising cost ratio | 33% | — | — |
| Revenue growth | -25% | — | — |
| Legal fee ratio | 0.2% | — | — |
| Accounting fee ratio | 4% | — | — |
| Fundraising fee ratio | 2% | — | — |
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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Filings & Schedule Manifest
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Sources
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