Africa Code Academy Inc
Nonprofit profile at a glance
- EIN
- 822131888
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990 2021, Form 990-EZ 2025, Form 990-N 2017
- Location
- Palo Alto, CA, USA
- Phone
- 6505751094
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Vocational, Technical Schools
Reported finances
- Revenue
- $27,026
- Expenses
- $67,860
- Assets
- $24,866
- Liabilities
- $22,242
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- YONGJOON LEE (CHIEF EXECUTIVE OFFICER)
People named in this filing
- YONGJOON LEE (CHIEF EXECUTIVE OFFICER)
- BONNIE SCHULKIN (SECRETARY)
- JUSTIN KAGIN (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create lasting development in africa by building a network of scholarship based software development bootcamps across the continent
What it reported doing in 2025
Continued software engineering training and apprenticeship activities serving developers in gaborone botswana and maseru lesotho supported program participants graduates and local staff while developing and testing ai enabled developer tools and curriculum through real world software projects
Operating model
- Revenue model
- Donor-supported. 73% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 100
- Sustainability: 18
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82.4%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -151.1%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.89; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 29.9% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $56K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.