2025-09-15T18:09:37-04:00 2024-12-31 464277197 Lori Aveni CPA PLLC PO Box 396 Sugar Grove NC 28679 990 2024-01-01 263275886 CODE THE DREAM INC % CARLOS PIGNATARO CODE 9198866075 201 W MAIN ST SUITE 100 DURHAM NC 27701 CARLOS PIGNATARO CHAIR 9198866075 2025-09-15 true true LORI A AVENI P01721281 9193082470 2025-09-15 2024 2025-03-06 01:10:19Z CARLOS PIGNATARO 201 W MAIN ST SUITE 100 DURHAM NC 27701 9480747 false X WWW.CODETHEDREAM.ORG X 2008 NC CODE THE DREAM CREATES OPPORTUNITY THAT CHANGES LIVES, BUILDS TECHNOLOGY THAT BENEFITS OUR COMMUNITIES, AND EXPANDS ACCESS TO THE SKILLS WE NEED FOR A MORE INNOVATIVE WORLD. 12 10 107 240 0 0 4112151 7942532 1736448 1296917 37457 241298 0 5886056 9480747 0 0 3797107 4801367 0 238314 582254 1098156 4379361 5899523 1506695 3581224 4607346 8216430 1281408 1277809 3325938 6938621 CODE THE DREAM CREATES OPPORTUNITY THAT CHANGES LIVES, BUILDS TECHNOLOGY THAT BENEFITS OUR COMMUNITIES, AND EXPANDS ACCESS TO THE SKILLS WE NEED FOR A MORE INNOVATIVE WORLD. false false 5347818 1296917 CODE THE DREAM OPENS ACCESS TO OPPORTUNITY THROUGH FREE INTENSIVE TECHNICAL TRAINING. IN CTD LABS, APPRENTICES HONE THEIR SKILLS BY DEVELOPING REAL-WORLD TECHNOLOGIES THAT BENEFIT OUR COMMUNITIES. CTDS MODEL OFFERS A UNIQUE WIN-WIN, WHERE PARTICIPANTS GAIN HANDS-ON EXPERIENCE BUILDING TECHNOLOGY THAT MAKES THE WORLD A BETTER PLACE, AND THEN USE THAT EXPERIENCE TO LAUNCH LIFE-CHANGING CAREERS. IN 2024, CTD EXPANDED RAPIDLY TO ADDRESS OUR NATIONS GROWING OPPORTUNITY GAP, AND TO ENSURE THAT PEOPLE FROM ALL BACKGROUNDS HAVE A VOICE IN CREATING SOLUTIONS TO OUR MOST PRESSING PROBLEMS. 2024 DATA POINTS: 1,432 APPLICANTS AND 475 STUDENTS // 89% OF CTD APPRENTICES WHO COMPLETED THEIR APPRENTICESHIP RECEIVED PERMANENT JOB OFFERS WITHIN 6 MONTHS, AT AVERAGE STARTING ANNUAL SALARIES EXCEEDING $80,000. 5347818 true true false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 20 0 true 107 true false false false false false false false false false false false false false false false false false X 12 10 false false false false false false false true true false false true true true true true false true false false NC X DANIEL REARICK 9198866075 201 W MAIN ST SUITE 100 DURHAM NC 27701 DANIEL REARICK CO-EXECUTIVE DIRECTOR 60.00 0.00 X X 170538 0 22646 DAISY MAGNUS-ARYITEY CO-EXECUTIVE DIRECTOR 60.00 0.00 X X 170538 0 11133 THOMAS RAU DIRECTOR OF CTD LABS 50.00 0.00 X 116308 0 0 LUCY MARTINEZ CHIEF OPERATING OFFICER 40.00 0.00 X 115923 0 0 OMER YARIV SENIOR DEVELOPER 40.00 0.00 X 101500 0 0 PAM BASH DIRECTOR OF DEVELOPMENT 40.00 0.00 X 101115 0 0 ARIS BUINEVICIUS DIRECTOR 1.00 0.00 X 0 0 0 ANA MARIA ECHEVERRI DIRECTOR 1.00 0.00 X 0 0 0 AFUA BRUCE DIRECTOR 1.00 0.00 X 0 0 0 MANUEL RAMOS GONZALES DIRECTOR 1.00 0.00 X 0 0 0 SUSAN ROHOL DIRECTOR 1.00 0.00 X 0 0 0 CARLOS PIGNATARO CHAIR 2.00 0.00 X X 0 0 0 JENNIFER ZACHARY TREASURER 2.00 0.00 X X 0 0 0 ALEX BOAKYE DIRECTOR 1.00 0.00 X 0 0 0 USHA PASI DIRECTOR 1.00 0.00 X 0 0 0 CHRIS OROURKE DIRECTOR 0.00 1.00 X 0 0 0 775922 0 33779 6 false true false DREAMLIGHT STRATEGIES 2507 WINDING CREEK DR SW WILSON NC 27893 SOFTWARE DEV 182425 IMPACT CHARITABLE 1536 WYNKOOP ST Denver CO 80202 PROFESSIONAL SVCS 180000 2 7942532 4788 7942532 APPLICATION DEVELOPMENT 541511 1296917 1296917 1296917 241298 241298 0 9480747 1538215 0 0 X 4012024 3667081 158558 186385 170498 155103 7071 8324 251292 228601 10422 12269 367553 334461 15199 17893 15938 15938 740533 655228 85305 5339 5339 4342 3968 172 202 96234 84147 6708 5379 4788 4376 189 223 45088 44412 523 153 140793 133876 3173 3744 1858 1858 OTHER PERSONNEL EXPENSES 31102 28427 1229 1446 DUES AND SUBSCRIPTIONS 3649 3649 EVENTS 5095 2799 2296 BANK CHARGES 2527 2527 870 870 5899523 5347818 313391 238314 872843 4238987 2847234 1590381 621751 621855 42250 98905 8661 13123 322544 94399 131115 228145 83492 1425034 4607346 8216430 50268 51512 1231140 1226297 1281408 1277809 X 1698772 6066001 1627166 872620 3325938 6938621 4607346 8216430 X 3581224 -1222 32682 -1 X false true X true false X 845306 2343214 3343164 5848625 7942532 20322841 845306 2343214 3343164 5848625 7942532 20322841 5256998 15065843 15 27 50 37457 241298 278847 878 13 891 20602579 0.73130 0.85570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3562 2520 1042 318982 91879 227103 228145 PRODUCT DEVELOPMENT 230835 ACCUMULATED AMORTIZATION -95801 LONG TERM CERTIFICATES OF DEPOSIT 1290000 1425034 PAYROLL LIABILITIES 67960 DEFERRED REVENUE 69948 REFUNDABLE GRANT ADVANCES 1088389 1226297 9479525 9479525 9479525 5899523 5899523 5899523 X false false false false false false false false false DAISY MAGNUS-ARYITEY COEXECUTIVE DIRECTOR 170538 11133 181671 DANIEL REARICK COEXECUTIVE DIRECTOR 170538 22646 193184 Form 990 governing body review Part VI line 11 FORM 990 IS PREPARED BY A CPA FIRM. A DRAFT IS PROVIDED TO THE TREASURER AND MADE AVAILABLE TO OTHER BOARD MEMBERS FOR REVIEW. UPON APPROVAL FROM THE TREASURER, FORM 990 IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. Conflict of interest policy compliance Part VI line 12c IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST TO THE BOARD AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD. AFTER DISCLOSURE, A MAJORITY OF THE REMAINING DIRECTORS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS OUTSIDE OF THE PRESENCE OF THE INTERESTED PERSON. THE CHAIR OF THE BOARD SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. CEO executive director top management comp Part VI line 15a THE BOARD OF DIRECTORS PERFORMS AN ANNUAL SALARY EVALUATION FOR THE CO-EXECUTIVE DIRECTORS INCLUDING COMPARISONS AND CONTEMPORANEOUS SUBSTANTIATION. Governing documents etc available to public Part VI line 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE MAIN OFFICE. Explanation of other changes in net assets or fund balances Part XI line 9 ROUNDING. List of other fees for services expenses Part IX line 11g FEES PAID TO CONTRACTORS WHO ARE ASSISTING IN THE DEVELOPMENT OF CODE THE DREAM APPLICATIONS. General explanation attachment A PRIOR PERIOD ADJUSTMENT OF $32,628 HAS BEEN RECORDED TO INCREASE NET ASSETS FOR THE COST OF BENEFITS AND TAXES THAT HAD NOT BEEN CAPITALIZED AS PART OF SOFTWARE AND PRODUCT DEVELOPMENT COSTS INCURRED DURING THE YEAR ENDED DECEMBER 31. 2023.