Digital Ready Inc

EIN: 851489119 501(c)(3) Education

Boston, MA

Total Revenue
$1,989,512
Total Expenses
$970,340
Total Assets
$1,266,209
Net Assets
$1,262,656
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MA
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.

🔒

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%)

Sign In — Free (10 views/day)

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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
7
Volunteers
60

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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Digital Ready Inc with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.