Mission Bit (EIN 460945785) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Christina Ortega

Phone

4158795380

Tax Period

2024-01-01 to 2024-12-31

Mission Bit, founded in 2012, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $895K, a strong 40% operating margin.

Mission

We build professional pathways for under-resourced high school youth across the SF Bay Area to unlock their full potential by making computer science more accessible through our free project-based courses.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,066,220

Program Service Revenue $129,582

Investment Income $60,347

Other Revenue $5,303

TOTAL REVENUE $2,261,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,099,681

Fundraising Expenses $152,857

Program Expenses $984,520

Other Expenses $266,451

TOTAL EXPENSES $1,366,132

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,261,452	$1,371,589	+0.6%
Expenses	$1,366,132	$1,225,146	+0.1%
Net Income	$895,320	$146,443	+5.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$170,515

Total Directors

$170,515

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christina Ortega	President & CEO	40.00	Officer Director	$157,787	$12,728	$170,515
Cynthia Chin	COO	40.00		$107,271	$30,436	$137,707
Cora Monokandilos	Chief Product Ofcr	40.00		$114,250	$18,500	$132,750
Bob Ippolito	Chairman	2.50	Officer Director	$0	$0	$0
Jeff Schnitz	Treasurer	1.00	Officer Director	$0	$0	$0
Jennifer Collins	Secretary	1.00	Officer Director	$0	$0	$0
Beth Andersen	Director	1.00	Director	$0	$0	$0
Jonathan Chan	Director	1.00	Director	$0	$0	$0
Anthony Liatsis	Director	5.00	Director	$0	$0	$0
Christine Keener	Director	1.00	Director	$0	$0	$0
Allison Scott PhD	Director	1.00	Director	$0	$0	$0
Alexander Peng	Director	1.00	Director	$0	$0	$0
Sam Purtill	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,261,452	$1,366,132	$2,430,541	$895,320
2023	$1,371,589	$1,225,146	$1,571,113	$146,443
2022	$1,159,319	$972,341	$1,364,185	$186,978
2021	$1,193,714	$776,236	$1,174,649	$417,478
2020	$1,057,279	$576,142	$824,323	$481,137
2019	$649,750	$555,841	$170,877	$93,909
2018	$536,893	$671,936	$23,490	$-135,043

Mission Bit