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Ecole 42 Usa

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812457574 ✦ Fremont, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ecole 42 Usa?

Ecole 42 USA is a nonprofit organization situated in Fremont, California, specifically at 6600 Dumbarton Circle. They specialize in offering free software engineering education to individuals aiming to excel in the rapidly expanding tech industry and establish their own ventures. Their primary mission is to deliver high-quality software engineering education, empowering students to secure a foothold in this sector. Despite having only 9 employees, Ecole 42 USA has not disclosed their current operational status, but as per the information provided, their physical campus ceased operations as of September 30, 2021, and they are in the process of dissolving and distributing their remaining assets.


Official website here: www.42.us.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57%, One-Star out of Four Star rating.

Ecole 42 USA has received a low rating, indicating significant concerns regarding its accountability and financial practices. With only 33% of its board members being independent and lacking sufficient financial statements, the organization falls short in demonstrating transparency and governance. However, it does show a solid program expense ratio of 65.84%, suggesting that a significant portion of its funding is directed toward its programs.

Strengths include the presence of policies for conflict of interest and whistleblower protections, which are essential for maintaining ethical standards. The organization has also successfully avoided material diversions of assets, reflecting some degree of fiscal responsibility. However, it notably lacks critical documentation, such as its financial statements and a document retention policy, which could hinder trust among donors and stakeholders.

Overall, while Ecole 42 USA has certain positive attributes, the significant gaps in its financial reporting and governance structure raise concerns about its operational integrity. Potential donors may want to consider these factors carefully when evaluating their support for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Ecole 42 Usa legitimate?

Ecole 42 Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ecole 42 Usa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,735

For more financial information, click here


Official website here: www.42.us.org

What is the mission statement of Ecole 42 Usa?

Ecole 42 Usa's mission was centered around providing high-quality software engineering education at no cost to students aiming to enter the tech industry. The organization's objective was to equip students with the necessary skills to succeed as software engineers and to assist them in establishing their own businesses and ventures. However, due to management's decision, the physical campus was closed as of September 30, 2021, and the organization is currently in the process of dissolving, distributing its remaining assets.


Official website here: www.42.us.org

Who is the CEO of Ecole 42 Usa?

Sophie Viger is the President of Ecole 42 Usa.


Official website here: www.42.us.org

What is the revenue of Ecole 42 Usa?

Ecole 42 Usa's revenue in 2022 was $568,359.


Official website here: www.42.us.org

Who are the executives of Ecole 42 Usa and what are their salaries?

The average compensation at Ecole 42 Usa during 2022 was $3,304. There are 9 employees and 3 volunteers at Ecole 42 Usa.


Here are 4 key members and their salaries:


Xavier Niel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sophie Vigor (Managing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Maarek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christophe S Assadi (Interim Cfo)
  • Compensation: $222,887
  • Related: $0
  • Other: $0


Official website here: www.42.us.org

Where can I find the form 990 for Ecole 42 Usa?

Ecole 42 Usa's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.42.us.org

Learn more at the official website: www.42.us.org

Mission Statement of Ecole 42 Usa

Ecole 42 Usa, a pioneering institution, is dedicated to providing top-notch software engineering education at no cost to individuals eager to enter the booming tech industry. Its mission is to equip students with the necessary skills to excel as software engineers and to foster their entrepreneurial aspirations. By offering high-quality education without charge, Ecole 42 Usa aims to democratize access to this in-demand field, empowering a diverse range of individuals to pursue successful careers in technology. Despite having closed its physical campus as of September 30, 2021, the organization is in the process of dissolving and distributing its remaining assets, ensuring that its educational legacy continues to inspire and shape the future of the tech industry.

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Impact




July, 2024

Ecole 42 USA had a significant impact on the tech industry by providing top-quality software engineering education for free to students interested in joining the field. By specializing in teaching the skills needed to succeed as software engineers, they contributed to the growth and development of a skilled tech workforce. Additionally, their focus on helping students develop their own businesses and enterprises empowered the next generation of tech innovators. Despite the closure of their physical campus, Ecole 42 USA leaves a legacy of fostering talent and cultivating opportunities in the tech industry.




This information is meant to be a general summary of Ecole 42 Usa. 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.

Revenue
$568,359 (2022)
Expenses
$223,568 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,285
  • Program Service Revenue: $27,000
  • Gross Receipts: $568,359

Assets and Liabilities:

  • Total Assets: $35,937
  • Total Liabilities: $0
  • Net Assets: $35,937

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTRANET SOFTWARE DEVE

Revenue

$27,000

Organization Details

Founding Year

2016

Principal Officer

Sophie Viger

Main Address

6600 DUMBARTON CIRCLE, FREMONT, CA, 94555

NTEE Category

Code: B30 - Education

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