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Bitcamp Inc

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

EIN: 814113393 ✦ College park, MD ✦ Designated as a 501(c)(3)

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Overview

What is Bitcamp Inc?

Bitcamp Inc is a nonprofit organization that serves as a platform for student exploration in technology. They are renowned for organizing and conducting high-caliber hackathons and various educational events. Notably, they orchestrated a 36-hour student hackathon at the University of Maryland, College Park, and recently hosted the first in-person hackathon post-COVID pandemic, welcoming over 950 students. Bitcamp's mission is to provide a space where students can delve into technology, fostering an environment that encourages learning and innovation.


Official website here: www.bit.camp/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating.

Bitcamp Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 77%. This score is primarily derived from its Accountability & Finance metrics, which are critical for assessing the charity's financial health and operational transparency. A high score in this category suggests that the organization effectively manages its resources and adheres to best practices in financial management.

The organization demonstrates several strengths, including a perfect score in material diversion of assets, indicating no issues with asset misappropriation. Additionally, Bitcamp Inc has all necessary policies in place, such as conflict of interest and whistleblower policies, which enhance its governance and ensure responsible management. Moreover, the charity has an impressive program expense ratio of 91.24%, showing that a significant portion of its funds is directed toward its mission-related activities.

While the charity's performance in accountability and finance is commendable, there is no broader performance data available to assess its impact or effectiveness in achieving its mission. Nevertheless, the strong financial management practices highlighted in the rating suggest that Bitcamp Inc is a reliable organization for potential donors.


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

Is Bitcamp Inc legitimate?

Bitcamp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bitcamp Inc submitted a form 990EZ, 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.


Official website here: www.bit.camp/

What is the mission statement of Bitcamp Inc?

Bitcamp Inc, as an organization, is dedicated to facilitating exploration in the realm of technology. They achieve this by organizing and conducting high-quality hackathons and educational events. Bitcamp's primary aim is to promote student engagement with technology, providing a platform where they can explore their interests and skills. Recently, Bitcamp organized a 36-hour student hackathon at the University of Maryland, College Park, marking the first in-person event since the pandemic. The organization's activities are geared towards encouraging student participation and fostering a learning environment in technology-related fields.


Official website here: www.bit.camp/

Who is the CEO of Bitcamp Inc?

Unavailable


Official website here: www.bit.camp/

What is the revenue of Bitcamp Inc?

Bitcamp Inc's revenue in 2022 was $37,123.


Official website here: www.bit.camp/

Who are the executives of Bitcamp Inc and what are their salaries?


Here are 3 key members and their salaries:


Karena Chu (Co Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Kalampanayil (Co-Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ananya Vepa (Finance Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bit.camp/

Where can I find the form 990EZ for Bitcamp Inc?

Bitcamp Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.bit.camp/

Learn more at the official website: www.bit.camp/

Mission Statement of Bitcamp Inc

Bitcamp Inc, a pioneer in exploration, is dedicated to organizing and conducting high-quality hackathons and other educational events. Their primary mission is to provide a platform where students can delve into the realm of technology. By organizing these events, Bitcamp encourages student participation and fosters an environment that nurtures technological curiosity. Recently, Bitcamp successfully hosted a 36-hour hackathon at the University of Maryland, College Park, marking the first in-person event since the pandemic. Over 950 students participated in this event, demonstrating the organization's ability to draw a large crowd and engage students in technology exploration. Bitcamp's mission goes beyond hackathons, as it also organizes other educational events to promote technological learning amongst students.

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Impact




August, 2024

Bitcamp Inc's impact is significant in fostering innovation and education among students. By organizing and executing high-quality hackathons and educational events, Bitcamp provides a platform for students to explore technology and science research. Through initiatives like the 36-hour student hackathon at the University of Maryland, College Park, and hosting the first in-person hackathon post-COVID for over 950 students, Bitcamp promotes a culture of technology exploration and learning. This organization's efforts contribute to inspiring students to delve into the world of technology and innovation, ultimately shaping future leaders in the field.




This information is meant to be a general summary of Bitcamp Inc. 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
$37,123 (2022)
Expenses
$44,292 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $37,123

Assets and Liabilities:

  • Total Assets: $6,354
  • Total Liabilities: $0
  • Net Assets: $6,354

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Organization Details

Main Address

387 Technology STE 1100, College Park, MD, 20740

NTEE Category

Code: U41 - Science research

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