Code 2040

Our mission is to activate, connect, and mobilize the largest racial equity community in tech to dismantle the structural barriers that prevent the full participation and leadership of Black and Latinx people in the innovation economy.

 

Description

SAN FRANCISCO, CA – EIN 455026246  code2040.org

We connect Black & Latinx tech talent with companies, mentors, and peers committed to racial equity and inclusion in the tech sector.
Our programming is focused on supporting early-career tech talent, from college and graduate-level computer science students to Black & Latinx technologists navigating their first jobs. Our core programs have developed from our learnings and data to address the issues driving systemic exclusion of Black and Latinx technologists in the tech sector.

Through these programs and custom engagements, we work with industry leaders to craft unique, impactful partnerships and initiatives that will help them hire and retain diverse talent. We have robust set of offerings for partnerships and also have great opportunities for individuals to volunteer.

Wiki

Laura Weidman Powers

Laura Weidman Powers is the CEO of the technology industry diversity organization Code2040 and formerly worked at White House Office of Science and Technology Policy during the Barack Obama administration.[1]

Early life

Powers grew up in Manhattan in a middle-class family and attended Hunter College High School. With a black mother and a white father and surrounded by the diversity of her city and her school, she grew to appreciate the value of diversity at an early age. She told an interviewer in 2016, "You see everything in New York. You see wealth. You see poverty. You see the best and the worst of society. You see people from all backgrounds. You hear every language being spoken on a daily basis. It’s just such a multicultural upbringing, that I think it really shaped my view of what the world can or should look like."[2]

Education

Powers attended Harvard University and then attended law school and the graduate school of business at Stanford University, where she met her Code2040 cofounder .[3][4]

Career

Weidman Powers started a West Philadelphia nonprofit arts education organization. She also started a tutoring company. She joined a technology startup company as vice president of product.[5]

After working in the tech startup for two years, Powers cofounded Code2040 with .

In late 2016, she spent six months as a member of the White House Office of Science and Technology Policy, focusing on increasing diversity and inclusion in the technology industry.[6]

References

  1. ^ Donnelly, Grace (2016-08-26). "Meet the Latest Silicon Valley CEO Joining the White House". Fortune. Retrieved 24 March 2018.
  2. ^ "Laura Weidman Powers". Techies Project. 23 February 2016. Retrieved 24 March 2018.
  3. ^ Chew, Jonathan (18 February 2016). "Why the Founders of Code2040 Are Changing the Face of Silicon Valley". Fortune. Retrieved 24 March 2018.
  4. ^ "Laura Weidman Powers". Echoing Green. Retrieved 24 March 2018.
  5. ^ "Laura Weidman Powers". Echoing Green. Retrieved 24 March 2018.
  6. ^ Guynn, Jessica. "Code2040 CEO Heads to the White House". USA Today. Retrieved 24 March 2018.

Videos

IRS data by ProPublica Nonprofit Explorer


PROJECT TF

SAN FRANCISCO, CA 94103-2023 | Tax-exempt since Aug. 2013
  • EIN: 45-5026246
  • Classification (NTEE)
    Scholarships, Student Financial Aid Services, Awards (Educational Institutions and Related Activities)
  • Nonprofit Tax Code Designation: 501(c)(3)
    Defined as: Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.
  • Donations to this organization are tax deductible.
Fiscal year ending

Dec. 2018

Fiscal year ending Dec.

2018

PDF

990

Full Text

990 (filed on Jan. 28, 2020)

Full Filing

Raw XML

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2017

Fiscal year ending Dec.

2017

PDF

990

Full Text

990 (filed on Feb. 5, 2019)

Full Filing

Raw XML

990

Total Revenue

$5,582,965

Total Functional Expenses $6,334,782
Net income -$751,817
Notable sources of revenue Percent of total revenue
Contributions $4,177,035 74.8%
Program services $1,408,500 25.2%
Investment income $1,141 0.0%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising -$12,184
Sales of assets $0
Net inventory sales $0
Other revenue $8,473 0.2%
Notable expenses Percent of total expenses
Executive compensation $705,312 11.1%
Professional fundraising fees $0
Other salaries and wages $2,578,950 40.7%
Other
Total Assets $4,805,341
Total Liabilities $255,112
Net Assets $4,550,229
Fiscal year ending

Dec. 2016

Fiscal year ending Dec.

2016

PDF

990

Full Text

990 (filed on Jan. 8, 2018)

Full Filing

Raw XML

990

Total Revenue

$3,362,147

Total Functional Expenses $5,025,181
Net income -$1,663,034
Notable sources of revenue Percent of total revenue
Contributions $3,305,667 98.3%
Program services $29,840 0.9%
Investment income $354 0.0%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $4,563 0.1%
Sales of assets $0
Net inventory sales $0
Other revenue $21,723 0.6%
Notable expenses Percent of total expenses
Executive compensation $572,088 11.4%
Professional fundraising fees $0
Other salaries and wages $1,448,771 28.8%
Other
Total Assets $5,499,051
Total Liabilities $197,005
Net Assets $5,302,046
Fiscal year ending

Dec. 2015

Fiscal year ending Dec.

2015

PDF

990

Total Revenue

$7,010,235

Total Functional Expenses $1,885,301
Net income $5,124,934
Notable sources of revenue Percent of total revenue
Contributions $7,022,624 Over 100%
Program services $0
Investment income $223 0.0%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $282 0.0%
Sales of assets $0
Net inventory sales $0
Other revenue -$12,894
Notable expenses Percent of total expenses
Executive compensation $159,010 8.4%
Professional fundraising fees $0
Other salaries and wages $927,549 49.2%
Other
Total Assets $7,038,650
Total Liabilities $73,570
Net Assets $6,965,080
Fiscal year ending

Dec. 2014

Fiscal year ending Dec.

2014

PDF

990
990

Full Text

990 (filed on July 7, 2016)

Full Filing

990 (filed on Feb. 3, 2016)

Full Filing

Raw XML

Total Revenue

$2,336,113

Total Functional Expenses $786,181
Net income $1,549,932
Notable sources of revenue Percent of total revenue
Contributions $2,048,171 87.7%
Program services $264,500 11.3%
Investment income $0
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $16,655 0.7%
Sales of assets $0
Net inventory sales -$1,127
Other revenue $7,914 0.3%
Notable expenses Percent of total expenses
Executive compensation $0
Professional fundraising fees $0
Other salaries and wages $522,481 66.5%
Other
Total Assets $1,878,602
Total Liabilities $38,456
Net Assets $1,840,146
Fiscal year ending

Dec. 2013

Fiscal year ending Dec.

2013

PDF

990
990

Full Text

990 (filed on Dec. 29, 2014)

Full Filing

Raw XML

990

Total Revenue

$855,398

Total Functional Expenses $597,007
Net income $258,391
Notable sources of revenue Percent of total revenue
Contributions $819,559 95.8%
Program services $35,000 4.1%
Investment income $348 0.0%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising -$1,576
Sales of assets $0
Net inventory sales -$410
Other revenue $2,477 0.3%
Notable expenses Percent of total expenses
Executive compensation $82,383 13.8%
Professional fundraising fees $0
Other salaries and wages $202,790 34.0%
Other
Total Assets $362,891
Total Liabilities $72,703
Net Assets $290,188

Last Updated: 2020-11-22 07:50