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Nonprofit · EIN 26-3275886

CODE THE DREAM INC

Tax-exempt · DURHAM, NC 27701

Financials

$5.9M$4.4M2023$9.5M$5.9M2024
Revenue Expenses · by fiscal year end
Financials of CODE THE DREAM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,480,747$5,899,523$3,581,224$8,216,430$1,277,809$6,938,621
December 31, 2023990$5,886,056$4,379,361$1,506,695$4,607,345$1,281,408$3,325,937
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,942,532
Program service revenue
$1,296,917
Investment income
$241,298
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$4,012,024
Salaries, compensation and benefits (total)
$4,801,367
Professional fundraising fees
$0
Accounting fees
$15,938
Occupancy
$4,788
Travel
$45,088
Depreciation
$140,793
Program services (functional)
$5,347,818
Management and general (functional)
$313,391
Fundraising (functional)
$238,314

Balance sheet and other

Total assets, start of year
$4,607,346
Total assets, end of year
$8,216,430
Total liabilities, end of year
$1,277,809
Net assets, end of year
$6,938,621
Land, buildings and equipment
$228,145
Net assets without donor restrictions
$6,066,001
Net assets with donor restrictions
$872,620
Gross receipts
$9,480,747
Employees
107
Volunteers
240
Year formed
2008
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DANIEL REARICKCO-EXECUTIVE DIRECTOR
Trustee or director, Officer
60$170,538$22,646
DAISY MAGNUS-ARYITEYCO-EXECUTIVE DIRECTOR
Trustee or director, Officer
60$170,538$11,133
THOMAS RAUDIRECTOR OF CTD LABS
Highest-paid employee
50$116,308$0
LUCY MARTINEZCHIEF OPERATING OFFICER
Highest-paid employee
40$115,923$0
OMER YARIVSENIOR DEVELOPER
Highest-paid employee
40$101,500$0
PAM BASHDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$101,115$0
ARIS BUINEVICIUSDIRECTOR
Trustee or director
1$0$0
ANA MARIA ECHEVERRIDIRECTOR
Trustee or director
1$0$0
AFUA BRUCEDIRECTOR
Trustee or director
1$0$0
MANUEL RAMOS GONZALESDIRECTOR
Trustee or director
1$0$0
SUSAN ROHOLDIRECTOR
Trustee or director
1$0$0
CARLOS PIGNATAROCHAIR
Trustee or director, Officer
2$0$0
JENNIFER ZACHARYTREASURER
Trustee or director, Officer
2$0$0
ALEX BOAKYEDIRECTOR
Trustee or director
1$0$0
USHA PASIDIRECTOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
CHRIS OROURKEDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
DANIEL REARICKCO-EXECUTIVE DIRECTOR
Trustee or director, Officer
60$139,423$17,141
DAISY MAGNUS-ARYITEYCO-EXECUTIVE DIRECTOR
Trustee or director, Officer
60$139,923$7,183
THOMAS RAUDIRECTOR OF CTD LABS
Highest-paid employee
50$106,269$11,161
USHA PASIDIRECTOR
Trustee or director
1$0$0
ARIS BUINEVICIUSDIRECTOR
Trustee or director
1$0$0
ALEX BOAKYEDIRECTOR
Trustee or director
1$0$0
MANUEL RAMOS GONZALESDIRECTOR
Trustee or director
1$0$0
DAVID LABOYDIRECTOR
Trustee or director
1$0$0
ANA MARIA ECHEVERRIDIRECTOR
Trustee or director
1$0$0
SUSAN ROHOLDIRECTOR
Trustee or director
1$0$0
CARLOS PIGNATAROCHAIR
Trustee or director, Officer
2$0$0
JENNIFER ZACHARYTREASURER
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
324 BLACKWELL ST STE 900, DURHAM, NC 27701-3659
In care of
% CARLOS PIGNATARO
Mailing address (990-N for 2009)
4821 Rembert Drive, Raleigh NC 27612
Principal officer (990 for 2024)
CARLOS PIGNATARO, 201 W MAIN ST SUITE 100, DURHAM, NC 27701
Principal officer (990-N for 2009)
Randay Jones, 315 Calvin Rd, Raleigh NC 27605
Signed the 990
CARLOS PIGNATARO, CHAIR
Phone
(919) 886-6075
Return prepared by
Lori Aveni CPA PLLC

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $5,347,818 · revenue $1,296,917

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-3275886
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B990)
Assets (IRS master file)
$8,216,430
Income (IRS master file)
$9,480,747

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,480,747$5,899,523$8,216,430XML
990December 2023$5,886,056$4,379,361$4,607,345XML
990December 2022$3,344,092$2,695,059$1,958,684IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2009
Officer: Randay Jones
December 31, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3275886).

Questions about CODE THE DREAM INC

What is the EIN of CODE THE DREAM INC?
The employer identification number (EIN) of CODE THE DREAM INC is 26-3275886.
Is CODE THE DREAM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to CODE THE DREAM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CODE THE DREAM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CODE THE DREAM INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CODE THE DREAM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CODE THE DREAM INC?
The 990 for the year ended December 31, 2024 names CARLOS PIGNATARO.
Who are the officers and directors of CODE THE DREAM INC?
The 990 for the year ended December 31, 2024 lists 16 people; 6 received compensation from the organization, the highest $170,538 (DANIEL REARICK, CO-EXECUTIVE DIRECTOR).
How much revenue does CODE THE DREAM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,480,747, expenses of $5,899,523 and total assets of $8,216,430 at year end.

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