Degenius
Nonprofit profile at a glance
- EIN
- 934923442
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Santa Monica, CA, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Nonmonetary Support N.E.C.
Reported finances
- Revenue
- $183,000
- Expenses
- $172,277
- Assets
- $41,688
- Liabilities
- $3,399
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Dana Dal Bo (President)
People named in this filing
- Dana Dal Bo (President)
- Alexis Pace (Secretary)
- Ryan Trattner (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Degenius Foundation democratizes access to cutting-edge technology education by reducing financial barriers for talented students. We provide scholarships for students to attend major technology conferences and hackathons covering full or partial costs including registration travel and accommodation. Our programs include mentor dinners connecting students with industry professionals networking opportunities at technology events and pathways to employment in the technology sector. By making professional development experiences accessible regardless of financial background we help students gain exposure to emerging technologies and build careers in technology fields.
What it reported doing in 2024
Program 3: Mentor Networking and Professional Connection Program. We organized intimate mentor dinners and networking events connecting close to 100 students with experienced technology industry professionals founders and executives. These curated gatherings facilitated meaningful relationships beyond typical conference interactions providing students with career guidance industry insights and professional mentorship. Students gained access to professional networks typically unavailable to them with mentors offering advice on career paths technical skill development and industry opportunities. Multiple students reported securing internships job offers or long-term mentorship relationships as direct outcomes. The program created a welcoming bridge between students and the technology industry countering intimidation barriers in professional networking.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 92% 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. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 40
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.7%; rating input score 81
- Program expense ratio: 85.7%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 5.9%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 80.7% of revenue deployed · 85.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $148K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.