Overview
What is Streetcode Academy?
Streetcode Academy is a nonprofit organization situated in East Palo Alto, California. Committed to serving underrepresented communities of color, the Academy offers free, family-centered, culturally relevant tech education to over 3,000 families annually. Their mission entails equipping a new generation of leaders with necessary skills for coding, entrepreneurship, and engineering to shape their futures. Streetcode Academy achieves this through partnerships with community leaders, influencers, educators, corporations, and foundations, creating engaging content and curriculum. Their shift to virtual programming broadened their reach, while their free laptop rental program, Level Up, provided enhanced online access for community members. As a result, 95% of surveyed alumni reported increased interest and confidence in independent tech learning. Streetcode Academy's programs introduce disenfranchised communities to technology concepts, workspaces, and personal applications in a fun and immediate manner. Their initiatives are made possible through support from various community, government organizations, foundations, and companies like the Younger Family Foundation, Peery Foundation, SV2, Jermy Lin Foundation, Eucalyptus Foundation, General Catalyst, Meta, Golden State Warriors, Netflix, AppLovin, and numerous anonymous funders.
What are the reviews and ratings of this charity?
Charity Navigator rating: 93% (Four-Star out of Four Star rating)
Streetcode Academy has demonstrated strong accountability and financial management, earning a high score in these areas. With 87% of the board members being independent, the organization showcases a commitment to good governance. The absence of material diversion of assets and the presence of detailed policies further highlight its transparency and ethical management practices.
The nonprofit excels in program expense efficiency, allocating over 77% of its budget directly to program services. Its fundraising efficiency is commendable, with only $0.10 spent to raise each dollar, illustrating effective resource utilization. However, the organization's working capital ratio of 0.42 years suggests some potential liquidity concerns that may warrant attention.
Leadership and adaptability are notable strengths for Streetcode Academy, as evidenced by a perfect score in this area. The organization invests significantly in leadership development and has a clear adaptability strategy, ensuring it remains responsive to changing circumstances. Overall, Streetcode Academy appears well-managed with a focus on its mission, while maintaining robust operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Streetcode Academy legitimate?
Streetcode Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Streetcode Academy 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: $151,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,441,587
For more financial information, click here
What is the mission statement of Streetcode Academy?
Streetcode Academy's mission is centered around equipping underrepresented leaders with essential skills. Their objective is to empower this generation to excel in coding, entrepreneurship, and engineering, thereby shaping their futures. In 2022, Streetcode Academy served over 3,000 families from underrepresented communities, offering free tech education. They collaborate with various entities to produce impactful content, engage new students, and support their existing community. Streetcode's shift to virtual programming expanded their reach, and their free laptop rental program, Level Up, further granted access to online education for those in need. The majority of surveyed alumni reported increased interest and confidence in continuing independent tech learning. Streetcode's programs aim to introduce technology concepts to disenfranchised communities in a fun and meaningful manner.
Who is the CEO of Streetcode Academy?
Olatunde Sobomehin is the Ceo of Streetcode Academy. The CEO's salary of Streetcode Academy is $151,362 and their total compensation is $181,650.
What is the revenue of Streetcode Academy?
Streetcode Academy's revenue in 2022 was $2,717,077.
Who are the executives of Streetcode Academy and what are their salaries?
The average compensation at Streetcode Academy during 2022 was $33,186. There are 48 employees and 50 volunteers at Streetcode Academy.
Here are 8 key members and their salaries (Streetcode Academy's CEO's salary is $151,362 and their total compensation is $181,650):
- Compensation: $151,362
- Related: $0
- Other: $30,288
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Streetcode Academy?
Streetcode Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Streetcode Academy
Streetcode Academy, an organization dedicated to under-represented communities, aims to equip a new generation of leaders with the necessary skills to navigate the realms of coding, entrepreneurship, and engineering. Their mission is to foster an environment that instills the mindset, skills, and access required for these individuals to shape their own futures. In 2022, the academy served over 3,000 families, partnering with various community leaders, educators, corporations, and foundations to create engaging content, media, and curriculum that attract new students and support existing ones. Streetcode Academy's shift towards virtual programming expanded its reach even further, and the introduction of their free laptop rental program, Level Up, enabled greater access to online learning for community members in need. The academy's programs aim to introduce disenfranchised communities to technology concepts, workspaces, and personal applications in fun and immediately meaningful ways, fostering increased interest and confidence in continuous self-learning among its alumni.
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Impact
July, 2024
Streetcode Academy has had a significant impact by equipping a generation of under-represented leaders with the skills to hack, hustle, and design the future. In 2022, Streetcode Academy served over 3,000 families from underrepresented communities of color with free, family-centered, culturally-relevant tech education. Their shift to virtual programming greatly expanded their reach, and the addition of the free laptop rental program, Level Up, enabled greater access to online school and work for community members in need. Additionally, 95% of surveyed Streetcode Academy alumni gained increased interest and confidence in continuing to learn technology independently. Streetcode Academy's programs are designed to introduce disenfranchised communities to technology concepts in meaningful and fun ways, thanks to the support of various community organizations, foundations, and companies.
This information is meant to be a general summary of Streetcode Academy. 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: $159
- Gross Receipts: $2,717,077
Assets and Liabilities:
- Total Assets: $1,546,348
- Total Liabilities: $388,756
- Net Assets: $1,157,592
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Organization Details
Founding Year
2016
Phone
(650) 485-1413Principal Officer
Olatunde Sobomehin
Main Address
PO Box 51867, East Palo Alto, CA, 94303
NTEE Category
Code: O50 - Youth development
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