BALTIMORE, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DIGITAL HARBOR FOUNDATION INC, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $29.9M in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.5M, a strong 48% operating margin.
DEMOCRATIZING SOCIETAL AND ECONOMIC WELL-BEING THROUGH DIGITAL EQUITY FOR EVERYONE, INCREASED DIVERSITY IN THE TECH SECTOR, INNOVATIVE EDUCATION, AND TECHNOLOGY FOR THE PUBLIC GOOD
PHILANTHROPIC FUNDS: A PORTFOLIO OF PROJECTS FOCUSED ON SUPPORTING INITIATIVES ADVANCING THE MISSION OF DIGITAL HARBOR FOUNDATION, SUCH AS THE CREATION OF DIGITAL TOOLS SUPPORTING SOCIAL SAFETY NET...
PHILANTHROPIC FUNDS: A PORTFOLIO OF PROJECTS FOCUSED ON SUPPORTING INITIATIVES ADVANCING THE MISSION OF DIGITAL HARBOR FOUNDATION, SUCH AS THE CREATION OF DIGITAL TOOLS SUPPORTING SOCIAL SAFETY NET ACCESS, THE DEVELOPMENT OF MARKET SHAPING TOOLS TO ADVANCE PUBLIC GOOD, AND BUILDING TALENT IDENTIFICATION/DEVELOPMENT PATHWAYS.
PROJECT WAVES: A COMMUNITY-BASED INTERNET SERVICE PROVIDE (ISP) PROJECT WAVES WORKS TO BRIDGE THE DIGITAL DIVIDE BY CREATING, ADVOCATING FOR, AND IMPLEMENTING EQUITABLE SOLUTIONS THAT CONNECT AND...
PROJECT WAVES: A COMMUNITY-BASED INTERNET SERVICE PROVIDE (ISP) PROJECT WAVES WORKS TO BRIDGE THE DIGITAL DIVIDE BY CREATING, ADVOCATING FOR, AND IMPLEMENTING EQUITABLE SOLUTIONS THAT CONNECT AND HELP INDIVIDUALS, FAMILIES, AND COMMUNITIES THRIVE THROUGH AFFORDABLE HOME INTERNET CONNECTIVITY. PROGRAMS INCLUDE BOTH POINT-TO-MULTIPOINT INTERNET CONNECTIVITY AND FIBER-BACKED RESIDENTIAL SERVICE TO MULTI-DWELLING UNIT BUILDINGS AND HOUSEHOLDS IN MARYLAND.
FISCAL SPONSORSHIPS:A PORTFOLIO OF FISCALLY SPONSORED PROJECTS IN WHICH DIGITAL HARBOR FOUNDATION PROVIDES OPERATIONAL SUPPORT, STRUCTURE, GUIDANCE, OVERSIGHT, AND ADMINISTRATION. THESE INCLUDE...
FISCAL SPONSORSHIPS:A PORTFOLIO OF FISCALLY SPONSORED PROJECTS IN WHICH DIGITAL HARBOR FOUNDATION PROVIDES OPERATIONAL SUPPORT, STRUCTURE, GUIDANCE, OVERSIGHT, AND ADMINISTRATION. THESE INCLUDE SCHOLARSHIP AND GRANT-MAKING EFFORTS, THE CREATION OF COMMUNITIES OF PRACTICE IN SUPPORT OF PHILANTHROPIC EFFORTS AND ADVISING, AND EDUCATIONAL INITIATIVES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $29,943,885 | $17,938,048 | +0.7% |
| Expenses | $15,424,409 | $8,570,258 | +0.8% |
| Net Income | $14,519,476 | $9,367,790 | +0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RYAN TURNER | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SONYA HARBAUGH | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICHOLE WEEMS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE WRIGHT | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRANK BONSAL III | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MCKEEVER CONWELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TAIISHA SWINTON-BUCK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS NELSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE HINKEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KYLE ALI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KIPP BRADFORD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALI BRINAE BRADLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JERRY BRYANT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TATIANA STARTSEVA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW COY | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$305,225 | $34,463 | $339,688 |
| ROBERT CHARLES | CHIEF FINANCIAL OFFICER | 40.00 |
Highest
|
$173,040 | $7,896 | $180,936 |
| DANIELLE VELASQUEZ | CHIEF OF STAFF | 40.00 |
Highest
|
$127,209 | $23,414 | $150,623 |
| SAMANTHA MUSGRAVE | OPERATIONS DIRECTOR | 40.00 |
Highest
|
$102,540 | $14,333 | $116,873 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $29,943,885 | $15,424,409 | $30,591,956 | $14,519,476 |
| 2022 | $17,938,048 | $8,570,258 | $16,015,793 | $9,367,790 |
| 2021 | $6,011,466 | $3,907,578 | $6,702,247 | $2,103,888 |
| 2020 | $1,632,088 | $1,391,127 | $922,387 | $240,961 |
| 2019 | $1,383,157 | $1,165,277 | $516,125 | $217,880 |
| 2018 | $762,451 | $883,114 | $309,180 | $-120,663 |
Compare DIGITAL HARBOR FOUNDATION INC with other nonprofits in Maryland and across the country.