DIGITAL NEST INC

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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

Phone

8317226378

Tax Period

2022-07-01 to 2023-06-30

DIGITAL NEST INC, founded in 2014, is a community nonprofit in the Youth Development sector that reported $8.9M in total revenue in fiscal year 2022. Revenue surged 256% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.6M, a strong 51% operating margin.

Mission

DIGITAL NEST (NURTURING ENTREPRENEURIAL SKILLS WITH TECHNOLOGY) IS DEDICATED TOPROVIDING EQUAL ACCESS TO TECHNOLOGY AND RESOURCES TO YOUNG PEOPLE IN UNDERSERVED COMMUNITIES. DIGITAL NEST SEEKS TO STIMULATE ECONOMIC DEVELOPMENT BY PROVIDING YOUTH WITH THE TRAINING, WORKFORCE SKILLS, AND INSPIRATION TO REACH THEIR FULL POTENTIAL IN SCHOOL, IN CAREERS, AND IN LIFE.

Program Service Accomplishments

Program 1

Expenses: $2,512,277 Revenue: $68,619

Digital NEST programs teach important 21st Century workplace skills. Since 2014, we have served more than 3,772 members and alumni who are now a part of a thriving community of creative teachers...

Digital NEST programs teach important 21st Century workplace skills. Since 2014, we have served more than 3,772 members and alumni who are now a part of a thriving community of creative teachers, professionals, peers, and mentors. They build technical skills, soft skills, gain hands-on experience, learn to navigate the world of work and make connections that help them out-compete other job seekers. Members not only acquire the skills to prepare them for the digital workforce, but they also develop the power to transform the quality of their own lives. They become architects of their own future and contributing members of stronger communities. In the past year, more than 731 students attended our career training workshops and our youth-led digital media production agency, bizzNEST, generated more than $68,500 in revenue from projects for local clients and created 19 jobs. Furthermore, we have launched programming in Gilroy, CA, and have secured a location and hired a Center Director for our next Center in Modesto, CA and plan to open both Modesto and Stockton in 2023-2024 bringing our total to 5 Centers throughout Central California.

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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 (2022)

Revenue Breakdown

Contributions & Grants $8,778,214

Program Service Revenue $68,619

Investment Income $58,944

Other Revenue $0

TOTAL REVENUE $8,905,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,069,011

Fundraising Expenses $647,014

Program Expenses $2,512,277

Other Expenses $1,269,692

TOTAL EXPENSES $4,338,703

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,905,777	$2,501,736	+2.6%
Expenses	$4,338,703	$4,342,479	0.0%
Net Income	$4,567,074	$-1,840,743	-3.5%

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

103

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

$365,078

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTONIA FRANCO	COO	40.00	Officer	$176,763	$11,346	$188,109
JACOB MARTINEZ	CEO	40.00	Officer	$166,427	$10,542	$176,969
CORINNE WARNSHUIS	GROWTH OFFICER	40.00		$120,015	$9,148	$129,163
MATTHEW PAYNE	President	2.00	Officer Director	$0	$0	$0
JACKIE CRUZ	Vice President	2.00	Officer Director	$0	$0	$0
DIANA PENA-ALAS	Treasurer	2.00	Officer Director	$0	$0	$0
JENNIFER DACQUISTO	Secretary	2.00	Officer Director	$0	$0	$0
BLANCA BALTAZAR	Treasurer	2.00	Director	$0	$0	$0
KAREN CATLIN	BOARD MEMBER	2.00	Director	$0	$0	$0
RUBEN DARIO-VILLA	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBERT FABELA	BOARD MEMBER	2.00	Director	$0	$0	$0
TONY NETHERCUTT	BOARD MEMBER	2.00	Director	$0	$0	$0
MARTHA NINO	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
MARTIN VARGAS-VEGA	BOARD MEMBER	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$8,905,777	$4,338,703	$9,331,459	$4,567,074
2022	$2,501,736	$4,342,479	$4,056,459	$-1,840,743
2021	$7,323,846	$3,432,211	$5,650,405	$3,891,635
2020	$2,126,167	$2,424,649	$2,063,909	$-298,482
2019	$2,353,681	$1,928,905	$1,779,924	$424,776