Digital Ready Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

Digital Ready Inc, founded in 2020, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2022. Revenue surged 125% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 51% operating margin.

Mission

WE ACTIVATE THE CREATIVE POTENTIAL OF HIGH SCHOOL STUDENTS, ESPECIALLY UNDERREPRESENTED YOUNG PEOPLE, TO BUILD TANGIBLE PATHWAYS TO ECONOMIC OPPORTUNITIES IN BOSTON'S INNOVATION ECONOMY.

Program Service Accomplishments

Program 1

Expenses: $927,810

WE ACTIVATE THE CREATIVE POTENTIAL OF HIGH SCHOOL STUDENTS, ESPECIALLY UNDERREPRESENTED YOUNG PEOPLE, TO BUILD TANGIBLE PATHWAYS TO ECONOMIC OPPORTUNITIES IN BOSTON'S INNOVATION ECONOMY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,989,512

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,989,512

Expense Breakdown

Grants Paid $0

Salaries & Benefits $419,751

Fundraising Expenses $0

Program Expenses $927,810

Other Expenses $550,589

TOTAL EXPENSES $970,340

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,989,512	$885,700	+1.2%
Expenses	$970,340	$764,535	+0.3%
Net Income	$1,019,172	$121,165	+7.4%

Key Indicators

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Sarah Cherry Rice	Chairman	40.00	Officer Director	$0	$0	$0
Stacey Jackson	Secretary	2.00	Officer	$0	$0	$0
Kellyanne Mahoney	Treasurer	2.00	Officer	$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	$1,989,512	$970,340	$1,266,209	$1,019,172
2022	$885,700	$764,535	$243,484	$121,165