Hood Code Inc

EIN: 853587694 501(c)(3) Education

New York, NY

Total Revenue
$283,382
Total Expenses
$103,019
Total Assets
$196,117
Net Assets
$196,117
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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
2020
Legal Domicile
NY
Principal Officer
Jason Gibson
Phone
7187756815
Tax Period
2023-01-01 to 2023-12-31

Hood Code Inc, founded in 2020, is a small nonprofit in the Education sector that reported $283K in total revenue in fiscal year 2023. The organization ran a surplus of $180K, a strong 64% operating margin.

Mission

We empower youth living in NYC Housing Authority (NYCHA) through coding education advancing equity and equality and aiming to improve their families socio-economic legacy

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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 (2023)

Revenue Breakdown

Contributions & Grants $283,112
Program Service Revenue $0
Investment Income $0
Other Revenue $270
TOTAL REVENUE $283,382

Expense Breakdown

Grants Paid $0
Salaries & Benefits $85,571
Fundraising Expenses $0
Program Expenses $102,458
Other Expenses $17,448
TOTAL EXPENSES $103,019

Year-over-Year Comparison

2023 2022 Change
Revenue $283,382 N/A N/A
Expenses $103,019 N/A N/A
Net Income $180,363 N/A N/A
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
1
Independent Members
N/A
Employees
13
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason Gibson President 0.00
Officer 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
2023 $283,382 $103,019 $196,117 $180,363
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