The Digs Chicago (EIN 853163773) - Form 990 Financial Analysis & Trantor Score

🔒

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

Phone

2244063375

Tax Period

2024-01-01 to 2024-12-31

The Digs Chicago, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $264K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $253K left a modest 4% surplus.

Mission

To fill a supportive role for Chicago artists through the circulation of knowledge and connection through the support of individual practice and entrepreneurial spirit.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $185,724

Program Service Revenue $78,221

Investment Income $0

Other Revenue $0

TOTAL REVENUE $263,945

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,975

Fundraising Expenses $0

Program Expenses $168,499

Other Expenses $142,678

TOTAL EXPENSES $252,653

Year-over-Year Comparison

	2024	2023	Change
Revenue	$263,945	$194,966	+0.4%
Expenses	$252,653	$173,948	+0.5%
Net Income	$11,292	$21,018	-0.5%

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

N/A

Employees

Volunteers

N/A

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

$92,730

Total Directors

$92,730

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Zoe Minzenberger	Director	40.00	Officer Director	$47,530	$0	$47,530
Fawn Penn	Director	40.00	Officer Director	$45,200	$0	$45,200
Rebecca Berneck	Treasurer	1.00	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
2024	$263,945	$252,653	$66,272	$11,292

The Digs Chicago