Degenius
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Degenius Foundation democratizes access to cutting-edge technology education by reducing financial barriers for talented students. We provide scholarships for students to attend major technology conferences and hackathons covering full or partial costs including registration travel and accommodation. Our programs include mentor dinners connecting students with industry professionals networking opportunities at technology events and pathways to employment in the technology sector. By making professional development experiences accessible regardless of financial background we help students gain exposure to emerging technologies and build careers in technology fields.
- Income
- $183,000
- Spending
- $172,277
- Reserves
- 2.7 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100. Higher than 29% of charities in its peer group (education, under $250k).
Reserves
10 of 35Spendable reserves would cover 2.7 months of spending.
Debt
20 of 20It owes 8% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ 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 (3)
- $87,449 spent. Program 1: Conference and Hackathon Scholarship Program. We provided over 100 full and partial scholarships removing financial barriers for students to attend premier technology conferences and hackathons including Accelerate Solana and other major industry events. Scholarships covered conference registration airfare accommodation and meals. Students gained direct exposure to cutting-edge technologies including blockchain artificial intelligence and emerging platforms. Participants networked with industry leaders attended technical workshops and competed in hackathons with several students securing employment opportunities or internships as a direct result. The program transformed access to professional development experiences typically unavailable to students facing economic constraints creating pathways from education to technology careers.
- $50,992 spent. Program 2: Student Professional Development and Employment Program. We provided 10 paid professional work opportunities for students in program operations community outreach event coordination and technology projects. Students developed real-world skills in project management communications event logistics and professional collaboration while earning income. This hands-on experience built resumes developed professional networks and created pathways to full-time technology employment. Several participants leveraged this experience to secure positions at technology companies. The program demonstrated that investing in student talent through paid work creates sustainable career trajectories while building organizational capacity through student contributions.
- $9,187 spent. Program 3: Mentor Networking and Professional Connection Program. We organized intimate mentor dinners and networking events connecting close to 100 students with experienced technology industry professionals founders and executives. These curated gatherings facilitated meaningful relationships beyond typical conference interactions providing students with career guidance industry insights and professional mentorship. Students gained access to professional networks typically unavailable to them with mentors offering advice on career paths technical skill development and industry opportunities. Multiple students reported securing internships job offers or long-term mentorship relationships as direct outcomes. The program created a welcoming bridge between students and the technology industry countering intimidation barriers in professional networking.
Source: Form 990EZ 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 October 13, 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 November 6, 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 October 13, 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 October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.