OPERATION CODE

EIN: 474247572 501(c)(3) Public & Societal Benefit

PORTLAND, OR

Total Revenue
$159,965
Total Expenses
$158,691
Total Assets
$40,877
Net Assets
$25,473
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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
2015
Legal Domicile
OR
Principal Officer
Cynthia Kao
Phone
2027165860
Tax Period
2024-01-01 to 2024-12-31

OPERATION CODE, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $160K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

Operation Code is a 501c3 registered nonprofit with the mission to help our transitioning military service members Veterans and military spouse enter and grow in their tech careers. We achieve this mission by providing scholarships for ongoing professional development 1:1 mentoring access to industry conferences wraparound services and case management. Operation Code also provides diversity and military cultural competency training for tech enterprises to break down barriers in talent acquisition and employee retention. We build custom curriculum for paid apprenticeship to hire programs at tech companies to expedite the hiring pipeline for marginalized members.

Program Service Accomplishments

Program 1
Expenses: $127,061 Revenue: $0

Programs: In 2024 Operation Codes active programs included several impactful initiatives. The 1:1 Mentorship Program completed 93 mentorship request sessions. The Professional Development...

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Programs: In 2024 Operation Codes active programs included several impactful initiatives. The 1:1 Mentorship Program completed 93 mentorship request sessions. The Professional Development Scholarships Program awarded 71 scholarships. The Project Rebuild Afghan Refugee Tech Training Program celebrated the graduation of its second cohort with 2 students. Additionally our Case Management via the Referrals Team provided comprehensive wraparound services to 40 members. Collectively these programs have been instrumental in advancing our mission impact and community growth. Additionally Operation Code leveraged over $1 Million through the efforts of 93 volunteers who provided 11,960 hours of hands-on tech training and ongoing mentorship to equal $1,112,280 in-kind labor rate donations.

Program 2
Expenses: $7,348 Revenue: $0

Community Growth: In 2024 Operation Codes community grew by 2,780 members to a total of 15,025. We utilized Google Ads to broaden our reach to a larger veteran and military spouse population with...

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Community Growth: In 2024 Operation Codes community grew by 2,780 members to a total of 15,025. We utilized Google Ads to broaden our reach to a larger veteran and military spouse population with gratitude to Google for their in-kind contribution. This in-kind service is not reflected on Form 990 as Operation Code could not have independently purchased Google Ads. Operation Code also became a registered community partner of Hire Heroes USA continued our partnership with Unite Us and a registered training community partner with CompTIA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $159,892
Program Service Revenue $0
Investment Income $73
Other Revenue $0
TOTAL REVENUE $159,965

Expense Breakdown

Grants Paid $104,809
Salaries & Benefits $0
Fundraising Expenses $3,121
Program Expenses $134,409
Other Expenses $53,882
TOTAL EXPENSES $158,691

Year-over-Year Comparison

2024 2023 Change
Revenue $159,965 $127,285 +0.3%
Expenses $158,691 $109,474 +0.4%
Net Income $1,274 $17,811 -0.9%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alison Taylor-Cipolia Chair 1.00
Officer Director
$0 $0 $0
Cynthia S Kao Executive Director 20.00
Officer
$0 $0 $0
Alex P Wu Treasurer 1.00
Officer Director
$0 $0 $0
Kelly MacLeod Secretary 1.00
Officer Director
$0 $0 $0
David Reis Board Member 1.00
Director
$0 $0 $0
Martin Espinosa Board Member 1.00
Director
$0 $0 $0
Alex Bituin Board Member - End 2-24 1.00
Director
$0 $0 $0
Sean Cameron Chair - End 2-24 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 $159,965 $158,691 $40,877 $1,274
2023 $127,285 $109,474 $37,639 $17,811
2022 $99,873 $106,574 $17,377 $-6,701
2022 $45,624 $50,178 $58,624 $-4,554
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