Overview
What is Project Tf?
Project Tf, a nonprofit under the umbrella of Code 2040, is based in San Francisco, California. Its mission is to foster an innovation economy where Black and Latinx individuals are equally represented at all levels and roles, proportionate to their demographics in the United States. To achieve this goal, Project Tf offers an intensive career accelerator program called The Fellows Program for Black and Latinx computer science students. For nine weeks, these students intern at top tech companies and participate in racial equity advocacy work. They engage in a series of learning experiences, receiving socio-emotional, professional, and management development through workshops, mentorship, coaching, and online engagement. The program aims to equip these individuals with the tools and resources needed to navigate the tech industry, build lasting careers, and advocate for themselves and their community. With a total of 15 employees, Project Tf is committed to addressing the professional and cultural roadblocks faced by Black and Latinx technologists in the workplace.
Official website here: www.code2040.org
What are the reviews and ratings of this charity?
Charity Navigator rates Project Tf with an 86%, granting it a Three-Star out of Four Star rating. This score indicates a solid level of accountability and financial health, with notable strengths in governance practices and transparency. The organization scores particularly well in areas such as its independent board composition, absence of asset diversion, and effective financial oversight mechanisms.
Strengths identified include a fully independent board and a clear conflict of interest policy, which contribute to its accountability. The organization also maintains a strong program expense ratio, indicating a significant portion of its funds is directed towards its programs. The fundraising efficiency is commendable, with only $0.12 spent to raise a dollar, showcasing effective fundraising strategies.
However, there are some limitations, particularly in its independent board size, which received no points. Additionally, the absence of a tax form distribution to the board prior to filing highlights an area for improvement. Overall, Project Tf demonstrates a commitment to transparency and effective resource management but could enhance its governance structure further.
This AI summary has been generated from information found on Charity Navigator.
Is Project Tf legitimate?
Project Tf is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Tf submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $326,499
Professional Fundraising Fees: $51,000
Other Salaries and Wages: $980,584
For more financial information, click here
Official website here: www.code2040.org
What is the mission statement of Project Tf?
Project Tf's mission statement aims to establish an innovation economy where Black and Latinx individuals contribute at proportional levels in all roles and sectors. The organization seeks to dismantle the structural barriers preventing the full participation and leadership of Black and Latinx people in this sector. One of their initiatives is the Fellows Program, an intensive career accelerator for college and graduate-level Computer Science students. Over a nine-week period, these students intern at top tech companies, engage in racial equity advocacy work, and participate in learning experiences designed to equip them with necessary tools and resources to navigate the tech industry, build a lasting career, and advocate for themselves and their community. The program includes socio-emotional, professional, and management development through workshops, mentorship, coaching, and online engagement, fostering community and identifying tactical solutions to professional and cultural roadblocks faced by Black and Latinx technologists in the workplace.
Official website here: www.code2040.org
Who is the CEO of Project Tf?
Mimi Fox Melton is the Board Chair of Project Tf. The CEO's salary of Project Tf is $285,184 and their total compensation is $326,499.
Official website here: www.code2040.org
What is the revenue of Project Tf?
Project Tf's revenue in 2022 was $3,892,901.
Official website here: www.code2040.org
Who are the executives of Project Tf and what are their salaries?
The average compensation at Project Tf during 2022 was $87,139. There are 15 employees and 250 volunteers at Project Tf.
Here are 9 key members and their salaries (Project Tf's CEO's salary is $285,184 and their total compensation is $326,499):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $285,184
- Related: $0
- Other: $41,315
- Compensation: $110,330
- Related: $0
- Other: $18,099
- Compensation: $195,658
- Related: $0
- Other: $22,055
- Compensation: $145,658
- Related: $0
- Other: $46,881
- Compensation: $100,945
- Related: $0
- Other: $18,611
- Compensation: $100,387
- Related: $0
- Other: $16,178
Official website here: www.code2040.org
Where can I find the form 990 for Project Tf?
Project Tf's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.code2040.org
Learn more at the official website: www.code2040.org
Mission Statement of Project Tf
Project Tf, with a mission to build an innovation economy where Black and Latinx individuals contribute at proportional rates to their demographics, is dedicated to activating, connecting, and mobilizing the largest racial equity community in tech. This organization aims to dismantle the structural barriers that hinder the full participation and leadership of Black and Latinx people in the innovation economy.
To achieve this mission, Project Tf has developed the Fellows Program, an intensive career accelerator for Black and Latinx college and graduate-level computer science students. Over a nine-week period between June and August, these students intern at top technology companies and engage in racial equity advocacy work. The program provides them with a series of learning experiences designed to equip them with the necessary tools and resources to navigate the tech industry, build a lasting career, and advocate for themselves and their community. The Fellows Program includes socio-emotional, professional, and management development through workshops, mentorship and coaching, and online engagement. Project Tf's goal is to foster community and find tactical solutions to the professional and cultural roadblocks that Black and Latinx technologists face in the workplace.
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Impact
July, 2024
Project Tf's impact can be seen in its efforts to build a more inclusive innovation economy where Black and Latinx individuals are represented at all levels and in all roles proportional to their demographics in the United States. By developing programs like the Fellows Program, which offers intensive career acceleration to Black and Latinx computer science students, Project Tf is providing participants with the tools, resources, and support needed to navigate the tech industry, build lasting careers, and advocate for themselves and their communities. Through workshops, mentorship, coaching, and advocacy work, Project Tf is working towards dismantling the structural barriers that hinder the full participation and leadership of Black and Latinx individuals in the tech sector.
This information is meant to be a general summary of Project Tf. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,488
- Program Service Revenue: $542,685
- Gross Receipts: $3,892,901
Assets and Liabilities:
- Total Assets: $8,826,018
- Total Liabilities: $163,971
- Net Assets: $8,662,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FELLOWS PROGRAM
Revenue
$542,685
Organization Details
Founding Year
2012
Phone
(415) 513-0204Principal Officer
Mimi Fox Melton
Main Address
785 MARKET STREET 850, SAN FRANCISCO, CA, 94103
Website
www.code2040.orgNTEE Category
Code: B82 - Education
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