PLATINUM2023

Streetcode Academy

Innovation For Everyone

E PALO ALTO, CA   |  www.streetcode.org
GuideStar Charity Check

Streetcode Academy

EIN: 81-4041822


Mission

In response to the need for deeper investment in the community of color, StreetCode Academy acts as a bridge between Black Indigenous People of Color (BIPOC) and the technology they need to thrive in a digital age. Our mission is to empower communities of color to achieve their full potential by introducing the skills, mindsets, and networks needed to embrace tech and innovation. We seek to realize a world where the digital divide is closed, catalyzing a diverse tech sector that is better able to solve problems.

Ruling year info

2017

CEO

Olatunde Sobomehin

Main address

PO Box 51867

E PALO ALTO, CA 94303 USA

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EIN

81-4041822

Subject area info

STEM education

Continuing education

Computer literacy

Technology

Entrepreneurship

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Population served info

Children

Adolescents

Adults

Ethnic and racial groups

Children and youth

NTEE code info

Youth Development Programs (O50)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Mindset

Shifting the way that learners perceive technology and their relationship to it makes working in tech or becoming an innovator feel like an attainable dream. This mindset shift is partly achieved by providing models of success with teachers and mentors who come from the community and are demographically representative of its underserved members. Mindset is also impacted by the demystification of the tech world that comes with learning and using tech-industry vocabulary.

Population(s) Served
Adults
Children and youth
People of African descent
Indigenous peoples
People of Latin American descent

Building the confidence to learn and use new technology is the first rung on the ladder toward tech literacy and advancement. For adult learners, developing basic tech skills can provide a pathway to improved employment opportunities and an advantage as an applicant. For youth seeking entry to the tech world, acquiring relevant, marketable skills is a way to gain entry to the type of jobs they seek.

Population(s) Served

In addition to lacking culturally relevant models for success in the tech industry, within the community of color, there is also a lack of network connecting them to the industry. StreetCode initially facilitates the relationships between peers, mentors, and lead teachers. This in turn teaches participants how to communicate with people in tech, tech companies, and the tech community. Ultimately, by the time we begin making connections to industry professionals, participants are ready to actively engage and take advantage of their growing network.

Population(s) Served
Adults
Children and youth
Indigenous peoples
People of African descent
People of Latin American descent
Adults
Children and youth
Indigenous peoples
People of African descent
People of Latin American descent

Where we work

Awards

California Nonprofit of the Year 2021

California Association of Nonprofits

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of classes offered

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth, Indigenous peoples, People of African descent, People of Latin American descent

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of free registrants to classes

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth, Indigenous peoples, People of African descent, People of Latin American descent

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of groups/individuals benefiting from tools/resources/education materials provided

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth, Indigenous peoples, People of African descent, People of Latin American descent

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

We launched our Level Up free laptop rental program in 2020 in response to the COVID crisis when the need to be online was greater than ever before.

Number of meals served or provided

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth, Indigenous peoples, People of African descent, People of Latin American descent

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Through a partner nonprofit, Onyxx Village Connection

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

A recent study led by Professor of Economics Raj Chetty at Stanford University showed that women and people of color are much less likely to grow up to be innovators than their white, affluent, male counterparts. This research indicates that the disparity is not due to lack of talent or aptitude, but rather a lack of exposure to relevant role models and networks.

Culturally relevant programming—delivered by members of the community who are reflective of the population—is powerful for under-resourced communities. Simply put, representation matters, and engaging youth and their families with familiar and relevant experiences increases the buy-in that leads to successful outcomes. For example, many youths view the music and entertainment industry as their best chance to break free from the cycles of poverty that plague their communities. By leveraging this and other motivating factors, digitally-focused youth programs can build bridges between tech and entertainment culture, inspiring them to unlock the skill sets and academic achievements they need to access successful lives.

In response to the need for deeper investment in the community of color, StreetCode Academy acts as a bridge between Black Indigenous People of Color (BIPOC) and the technology they need to thrive in a digital age. Our mission is to empower communities of color to achieve their full potential by introducing the skills, mindsets, and networks needed to embrace tech and innovation. We seek to realize a world where the digital divide is closed, catalyzing a diverse tech sector that is better able to solve global problems.

Overall, we seek to raise expectations, build understanding, and provide simple strategies and consistent support to put BIPOC learners onto sustainable paths to success in this digital age. We do this through programs that support our participants’ creative and technical processes, build digital literacy, and shift mindset while reinforcing the learning of core skills.

StreetCode Academy develops, tests, and continually refines a scaffolding of programming that creates a pipeline both to and from our communities and the tech sector. Through a blend of in-depth workshops for both youth and adults, curriculum and software development, and distribution of critical technology equipment, we Shape Mindsets, Build Skills, and Increase Access in the following ways:

• Mindset Shifts are driven by participation in culturally relevant learning experiences that empower communities to see themselves in the technology that they consume and prepare them to play a role in the tech world.

• Building Skills begins with distributing critical tech resources to underserved communities who lack digital tools, then providing digital literacy education to help them leverage those tools to gain experiences and skills needed to improve their outcomes.

•Creating Access to peers, mentors, and lead technology teachers paves the way for individuals to comfortably interact with and take advantage of introduction to networks within the tech world.

StreetCode Academy has been serving free tech classes in East Palo Alto since 2016. The organization acts as a bridge between communities of color and the technology they need to thrive in a digital age. Our mission is to empower communities of color to achieve their full potential by introducing the skills, mindsets, and networks needed to embrace tech and innovation. We seek to realize a world where the digital divide is closed, catalyzing a diverse tech sector that is better able to solve global problems.We have reached over 7,500 community members through our student showcases, partnering with other nonprofits, and quarterly programming. We are on track to reach 100% of EPA, and are excited to continue the work through online learning. To facilitate this growth, we have expanded our team, bringing on four additional full time team members across various departments. This has expanded our capacity to be able to serve more students than we have in previous years.

By the end of this year (2021), we achieved the following:
59 classes taught
3,066 students served
Provided Tech Support Access to 2,500 families in Redwood City School District
Distributed 1000+ Computers

Looking ahead to 2022, we plan to continue bringing on additional team members across various teams that will allow us to grow our capacity even more. This will enable us to grow our program offerings and further expand our reach. To that end, we also hope to pursue a hybrid programming model. By offering both online courses and in-person courses, we want to be able to reach students wherever they are, whether or not they are in our local area.

Financials

Streetcode Academy
Fiscal year: Oct 01 - Sep 30
Financial documents
2021 2020 StreetCode Academy Auditor Report
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020 info

SOURCE: IRS Form 990

4.76

Average of 13.11 over 5 years

Months of cash in 2020 info

SOURCE: IRS Form 990

6.7

Average of 2.5 over 5 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

15%

Average of 9% over 5 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

Streetcode Academy

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

Streetcode Academy

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Streetcode Academy

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990

This snapshot of Streetcode Academy’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2017 2018 2020
Unrestricted surplus (deficit) before depreciation $347,277 $272,225 $838,795
As % of expenses 55.2% 18.2% 34.8%
Unrestricted surplus (deficit) after depreciation $343,496 $264,174 $809,625
As % of expenses 54.3% 17.6% 33.2%
Revenue composition info
Total revenue (unrestricted & restricted) $976,431 $1,815,538 $3,391,966
Total revenue, % change over prior year 0.0% 85.9% 0.0%
Program services revenue 0.1% 0.3% 0.2%
Membership dues 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 2.4%
All other grants and contributions 99.9% 99.7% 100.6%
Other revenue 0.0% 0.0% -3.1%
Expense composition info
Total expenses before depreciation $629,154 $1,493,313 $2,410,692
Total expenses, % change over prior year 0.0% 137.4% 0.0%
Personnel 65.3% 59.8% 57.9%
Professional fees 10.6% 2.2% 6.6%
Occupancy 6.7% 10.0% 9.0%
Interest 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0%
All other expenses 17.5% 28.0% 26.5%
Full cost components (estimated) info 2017 2018 2020
Total expenses (after depreciation) $632,935 $1,501,364 $2,439,862
One month of savings $52,430 $124,443 $200,891
Debt principal payment $0 $0 $0
Fixed asset additions $28,769 $223,745 $0
Total full costs (estimated) $714,134 $1,849,552 $2,640,753

Capital structure indicators

Liquidity info 2017 2018 2020
Months of cash 2.8 3.0 6.7
Months of cash and investments 2.8 3.0 6.7
Months of estimated liquid unrestricted net assets 6.2 3.0 5.5
Balance sheet composition info 2017 2018 2020
Cash $148,607 $368,141 $1,347,901
Investments $0 $0 $0
Receivables $175,000 $10,000 $137,841
Gross land, buildings, equipment (LBE) $28,769 $252,514 $147,196
Accumulated depreciation (as a % of LBE) 13.1% 4.7% 43.5%
Liabilities (as a % of assets) 0.0% 1.0% 19.7%
Unrestricted net assets $348,595 $612,769 $1,190,834
Temporarily restricted net assets $0 $0 N/A
Permanently restricted net assets $0 $0 N/A
Total restricted net assets $0 $0 $79,689
Total net assets $348,595 $612,769 $1,270,523

Key data checks

Key data checks info 2017 2018 2020
Material data errors No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

CEO

Olatunde Sobomehin

Number of employees

Source: IRS Form 990

Streetcode Academy

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

Streetcode Academy

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Streetcode Academy

Board of directors
as of 01/19/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Theresa Johnson

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Organizational demographics

SOURCE: Self-reported; last updated 1/19/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Male

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data