Davidson, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)E2D Inc E2D Eliminate the Digital Divide, founded in 2015, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 40% operating margin.
The mission of E2D is to ensure that every student in North Carolina schools has essential, at-home access to computer technology and digital literacy support to achieve academic success.
Computer Refurbishment: we collect donated laptops from corporations that have been "wiped" clean of private information; our lab technicians then install new operating systems and software on the...
Computer Refurbishment: we collect donated laptops from corporations that have been "wiped" clean of private information; our lab technicians then install new operating systems and software on the laptops, and ensure proper working order before they are distributed.
Workforce Development: we hire high school aged youth and train them to be lab technicians who perform the refurbishment of the laptops. Their training is ongoing and includes some degree of...
Workforce Development: we hire high school aged youth and train them to be lab technicians who perform the refurbishment of the laptops. Their training is ongoing and includes some degree of mentorship from our leaders. We also collaborate with other organizations that offer similar training to youth.
Computer Distribution: we work with schools to identify qualifying families who need laptops in their homes. We schedule distribuion events, usually at the schools, where families come to receive...
Computer Distribution: we work with schools to identify qualifying families who need laptops in their homes. We schedule distribuion events, usually at the schools, where families come to receive lapops (either free or sold at low price). .We continued our work with Affordable Housing complexresidents as well as began working aggressively in finding digital equity solutions for HBCU students.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,777,632 | $1,762,143 | +1.1% |
| Expenses | $2,277,072 | $1,503,307 | +0.5% |
| Net Income | $1,500,560 | $258,836 | +4.8% |
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 |
|---|---|---|---|---|---|---|
| Spence Millen | President | 50.00 |
Officer
Director
|
$115,996 | $0 | $115,996 |
| Courtney Ramey | Board Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rob Phocas | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Alex Salguedo | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Noah Cotton | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jonathan Olin | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Praeger | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Angela Bhurji | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Ace Tanner | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dominique Johnson | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Randy Alexander | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Ann Clark | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Cowell | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $3,777,632 | $2,277,072 | $2,715,476 | $1,500,560 |
| 2023 | $1,762,143 | $1,503,307 | $1,186,682 | $258,836 |
| 2022 | $990,499 | $1,012,577 | $920,418 | $-22,078 |
| 2021 | $980,765 | $802,139 | $926,728 | $178,626 |
| 2020 | $1,081,862 | $552,554 | $693,196 | $529,308 |
| 2019 | $493,849 | $420,634 | $165,892 | $73,215 |
| 2018 | $439,772 | $483,117 | $90,303 | $-43,345 |
Compare E2D Inc E2D Eliminate the Digital Divide with other nonprofits in North Carolina and across the country.