DIGS WITH DIGNITY CORPORATION

EIN: 843126442 501(c)(3)

CHICAGO, IL

Total Revenue
$703,426
Total Expenses
$522,107
Total Assets
$571,609
Net Assets
$495,851
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IL
Principal Officer
KIMBERLY HANNAY
Phone
9377251727
Tax Period
2023-01-01 to 2023-12-31

DIGS WITH DIGNITY CORPORATION, founded in 2019, is a small nonprofit that reported $213K in total revenue in fiscal year 2020. Revenue surged 817% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 53% operating margin.

Mission

AT DIGS WITH DIGNITY, OUR MISSION IS TO BREAK THE CYCLE OF HOMELESSNESS BY FURNISHING HOMES WITH CREATIVE, CUSTOM DESIGNS USING SUSTAINABLE, UPCYCLED SOLUTIONS. AS A 501(C)(3), THE ORGANIZATION PARTNERS WITH CHICAGO-BASED SOCIAL SERVICE AGENCIES TO IDENTIFY THOSE IN NEED AND UTILIZES A WAREHOUSE OF DONATED AND REFURBISHED FURNITURE AND HOME GOODS TO OUTFIT HOMES. THE ORGANIZATION WORKS WITH A VARIETY OF INDIVIDUALS AND FAMILIES THAT MAY INCLUDE DOMESTIC ABUSE VICTIMS, VETERANS, THOSE WHO HAVE EXPERIENCED A SUDDEN JOB LOSS OR THOSE DEALING WTIH EXTREME HEALTH SITUATIONS. THE PRIMARY FUNCTION OF THE ORGANIZATION IS TO SUPPORT THOSE INDIVIDUALS AND FAMILIES WHO MAY BE COMING FROM A SHELTER, ON THE STREET, OR LIVING DOUBLED UP WITH FAMILY AND FRIENDS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $449,954
Program Service Revenue $111,741
Investment Income $0
Other Revenue $141,731
TOTAL REVENUE $703,426

Expense Breakdown

Grants Paid $0
Salaries & Benefits $287,919
Fundraising Expenses $96,019
Program Expenses $351,913
Other Expenses $234,188
TOTAL EXPENSES $522,107

Year-over-Year Comparison

2023 2022 Change
Revenue $703,426 $474,651 +0.5%
Expenses $522,107 $431,712 +0.2%
Net Income $181,319 $42,939 +3.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
15
Volunteers
300

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
4
$75,240
Total Directors
14
$75,240
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEREDITH REGAN PRESIDENT 5.00
Officer Director
$0 $0 $0
ELLIE SETHNESS VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
LUKE CRAWFORD SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
KIMBERLY HANNAY EXECUTIVE DIRECTOR 40.00
Officer Director
$75,240 $0 $75,240
DEBBIE CRONIN BOARD MEMBER 25.00
Director
$0 $0 $0
COURTNEY ARONSON BOARD MEMBER 1.00
Director
$0 $0 $0
MAX DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY EWING BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTEN GRISIUS BOARD MEMBER 1.00
Director
$0 $0 $0
SALLY BERKHIA BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE ERNST BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLINA LUCIANO BOARD MEMBER 1.00
Director
$0 $0 $0
CARA BOAZ BOARD MEMBER 1.00
Director
$0 $0 $0
JAVIER RODRIGUEZ BOARD MEMBER 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 No data No data No data No data
2023 $703,426 $522,107 $571,609 $181,319
2022 $474,651 $431,712 $324,548 $42,939
2021 $419,131 $287,297 $275,293 $131,834
2020 $213,385 $99,227 $126,019 $114,158
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