DIGILEARN DIGITAL LEARNING INSTITUTE (EIN 462075782) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

MYRA BEST

Phone

8883600501

Tax Period

2024-01-01 to 2024-12-31

DIGILEARN DIGITAL LEARNING INSTITUTE, founded in 2014, is a micro nonprofit in the Education sector that reported $2K in total revenue in fiscal year 2024. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $73K exceeded revenue, resulting in a 4542% operating deficit.

Mission

INCREASE PERSONAL LEARNING OPTIONS FOR STUDENTS AND TO EXPAND INSTRUCTIONAL AND PROFESSIONAL LEARNING OPPORTUNITIES FOR TEACHERS AND EDUCATORS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,224

Program Service Revenue $0

Investment Income $0

Other Revenue $350

TOTAL REVENUE $1,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,768

Fundraising Expenses $2,820

Program Expenses $59,803

Other Expenses $70,302

TOTAL EXPENSES $73,070

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,574	$125,000	-1.0%
Expenses	$73,070	$126,589	-0.4%
Net Income	$-71,496	$-1,589	+44.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,560

Total Directors

$2,560

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYRA BEST	EXECUTIVE DIRECTOR	32.00	Officer Director	$2,560	$0	$2,560
JOHN WILSON	SECRETARY	1.00	Officer Director	$0	$0	$0
JANE SMITH PATTERSON	TREASURER	1.00	Officer Director	$0	$0	$0
JIM GERINGER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BEV PERDUE	CHAIR	1.00	Officer Director	$0	$0	$0
BOB WISE	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN HOWELL	DIRECTOR	1.00	Director	$0	$0	$0
TOM VANDER ARK	DIRECTOR	1.00	Director	$0	$0	$0
TOM MILLER	DIRECTOR	1.00	Director	$0	$0	$0
RICK STOUT	DIRECTOR	1.00	Director	$0	$0	$0
TERRY HOLLIDAY	DIRECTOR	1.00	Director	$0	$0	$0
HOWARD STEPHENSON	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG HORN	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,574	$73,070	$6,480	$-71,496
2023	$125,000	$126,589	$77,976	$-1,589
2022	$70,832	$242,754	$79,710	$-171,922
2021	$378,994	$199,403	$272,467	$179,591
2020	$100,000	$252,055	$95,490	$-152,055
2019	$200,000	$217,751	$224,716	$-17,751
2018	$12,000	$246,395	$242,064	$-234,395

DIGILEARN DIGITAL LEARNING INSTITUTE