Zip Code Wilmington Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ZIP CODE WILMINGTON IS A NONPROFIT CODING TRAINING PROGRAM WITH THE MISSION OF HELPING WILMINGTON, DELAWARE COMPETE GLOBALLY FOR GOOD-PAYING JOBS IN TECHNOLOGY. THE ZIP CODE WILMINGTON PROGRAM IS COMPRISED OF A SOFTWARE DEVELOPMENT TRAINING SCHOOL AND A JOB PLACEMENT PROGRAM. STUDENTS SPEND 12 WEEKS LEARNING THE FOUNDATION NEEDED TO SUCCEED IN SOFTWARE DEVELOPMENT, AND SELECTED GRADUATES MOVE DIRECTLY INTO FULL-TIME JOBS AND PAID 26-WEEK APPRENTICESHIPS AT AREA CORPORATIONS UPON GRADUATION. AS OF DECEMBER 2023, ZIP CODE WILMINGTON GRADUATED NEARLY 700 STUDENTS DURING ITS 8 YEARS OF OPERATIONS IN THE MOST RECENT AUDITED REPORTING PERIOD, 73% OF JAVA SOFTWARE GRADUATES AND 75% OF DATA ENGINEERING & ANALYTICS GRADUATES SECURED JOB PLACEMENT WITHIN 12 MONTHS OF COMPLETING THEIR TRAINING AND RECEIVED ANNUAL EARNINGS AVERAGING OVER 83,000 PER YEAR IN THEIR NEW ROLES.
- Income
- $1.7 million
- Spending
- $2.4 million
- Spent on programs
- 68%
- Reserves
- 1.8 months of spending
- Largest source of income
- government grants, 55%
- Employees
- 16
- Volunteers
- 5
- Highest pay
- $170,932, executive di
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 45 out of 100. Higher than 21% of charities in its peer group (education, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.8 months of spending.
Debt
5 of 20It owes 57% of what it owns.
Living within its means
0 of 15Spending exceeded income by 41% of income.
Income trend
15 of 15Income rose 14% on the year before.
Spending floor
15 of 1568% of spending went to programs and raising each dollar of donations cost 17 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 47% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $1.5 million spent. AS OF DECEMBER 2024, ZIP CODE GRADUATED NEARLY 700 STUDENTS WITH GREATER THAN 90% (AVERAGE) GRADUATION RATE, AND PLACED GRADUATES RECEIVING ANNUAL EARNINGS AVERAGING OVER 83,000 PER YEAR.
- $157,201 spent. IN ADDITION TO ITS CORE TRAINING PROGRAMS, ZIP CODE ALSO CONDUCTED PROFESSIONAL DEVELOPMENT TRAINING FOR THE STATE OF DELAWARE'S HIGH SCHOOL COMPUTER SCIENCE EDUCATORS, EVENING SEMINAR TRAINING FOR THE PUBLIC, AND SUPPORT OF APP DEVELOPMENT TRAINING. THESE PROGRAMS CONCLUDED IN 2024; HOWEVER, ZIP CODE MAY CONTINUE THESE PROGRAMS IN THE FUTURE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.