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Massachusetts · Nonprofit

CODESQUAD INC

CODESQUAD INC (Massachusetts) receives grants from 9 organizations whose IRS filings report $717,250 to it, the largest being Amelia Peabody Foundation ($200,000). 7 of them have funded it in more than one year.

Revenue FY2025
$225k
Funders on record
9
Grants received
$717k
Net assets
$31k
7/9 repeat fundersgrants exceed reported revenue in one year
01What it does

What Codesquad Inc does

Mission

Codesquad expands software opportunity. We train low-income adults, particularly people of color and women, to become software developers and launch new careers. We build pathways to stable, lucrative jobs, and diversity in the tech industry.

As stated on its FY2025 Form 990.

Program

  1. Codesquad seeks to meet a community need (lucrative, high-growth jobs for low-income people) and a business need (more programmers to fill open positions), while simultaneously increasing diversity in the tech sector. The program includes a 25-week coding bootcamp, totaling over 275 hours of live classes. The bootcamp is free to attend and admitted students also receive a small stipend. Admissions are competitive and have grown over the years. Currently, each cohort admits 20 students from an ititial pool of over 300 applicants. Codesquad graduates in tech jobs earn an average of over 87,000 per year our six-week technical interview prep course, taught by a former senior hiring manager at google, teaches codesquad grads how to compete in today's software job market codesquad launched our pathways project in 2025, where graduates gain professional experience building websites and apps for small businesses and nonprofit organizations. Codesquad helps with project management and technical oversight. Our new employment coach, hired in 2025, has extensive background in recruiting, having hired hundreds of people for amazon, freshdirect, mass general brigham and more. At codesquad she…

    $220,871 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $220,871.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($99k) Expenses 100 ($33k) Net assets 100 ($72k)2021 Revenue 67 ($67k) Expenses 131 ($43k) Net assets 134 ($96k)2023 Revenue 189 ($188k) Expenses 621 ($203k) Net assets 84 ($60k)2024 Revenue 184 ($183k) Expenses 662 ($216k) Net assets 37 ($26k)2025 Revenue 227 ($225k) Expenses 675 ($221k) Net assets 43 ($31k)
20202021202320242025
Revenue (227)Expenses (675)Net assets (43)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $115k to $32k (−72%).

$72k
$96k
$115k
$32k
$31k
20202021202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 4% · 2024 14% · 2025 7%. Grants only. Government contracts and fees sit inside program revenue.

100% of CODESQUAD INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (54% for the typical peer).

This organization
Typical peer · 2,338 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$67k
’20
$24k
’21
−$16k
’23
−$34k
’24
$5k
’25
1.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202320242025
Listed563
Joined·+2+1
No longer listed·14
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 5 funders to 7 funders, grant income rose $102k → $185k.

2 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CODESQUAD INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CODESQUAD INC leans on a few funders — its largest provides 28% of grant income and the top three 71%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

28% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CODESQUAD INC.

28%
largest funder
71%
top three
~5
effective funders

Largest funder’s share by year: 2021 49% · 2022 27% · 2023 27% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

64% of CODESQUAD INC's grant income comes from Massachusetts funders.

MA
PA
FL

In-state vs out-of-state, by year

’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $142k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CODESQUAD INC has grown faster than three-quarters of the 1,448 employment nonprofits its size.

Operating margin2% · below the median
Months of reserve1.7mo · bottom quartile
Revenue growth (annualized)18% · top quartile

this organization peer median middle 50% of peers· 1,448 employment nonprofits $100k–$1M, FY2025

Organizations like CODESQUAD INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for CODESQUAD INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CODESQUAD INC?
CODESQUAD INC (Massachusetts) receives grants from 9 organizations whose IRS filings report $717,250 to it, the largest being Amelia Peabody Foundation ($200,000). 7 of them have funded it in more than one year.
How many funders does CODESQUAD INC have?
IRS filings report 9 organizations giving $717,250 in grants to CODESQUAD INC, 7 of which have funded it in more than one year.
Who is the largest funder of CODESQUAD INC?
Amelia Peabody Foundation is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
How can an organization like CODESQUAD INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Codesquad →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing