The Digital Progress Institute

EIN: 871330450

Washington, DC

Total Revenue
$1,395,800
Total Expenses
$1,118,951
Total Assets
$562,367
Net Assets
$561,171
🔒

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
2021
Legal Domicile
DC
Principal Officer
Joel Thayer
Phone
6266174941
Tax Period
2023-01-01 to 2023-12-31

The Digital Progress Institute, founded in 2021, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 329% from the prior year, signaling strong growth momentum. The organization ran a surplus of $277K, a strong 20% operating margin.

Mission

The DPI is organized exclusively to promote social welfare by advocating for a pragmatic, bipartisan approach to the Internet economy that smart regulation has its place and legacy regulations of a bygone era only hurt our nation's most vulnerable populations. The DPI seeks to advance ubiquitous broadband to the American public, push for new spectrum resources for 5G and beyond, advance a full stack framework for Internet governance, address actual competitive harms in the Internet marketplace, and protect consumer privacy.

Program Service Accomplishments

Program 1
Expenses: $849,424 Revenue: $919,667

BROADBAND: Promote policies to expand ubiquitous mobile and fixed broadband to all Americans. DPI created an online map to show where American families and veterans were using the Affordable...

Read more

BROADBAND: Promote policies to expand ubiquitous mobile and fixed broadband to all Americans. DPI created an online map to show where American families and veterans were using the Affordable Connectivity Program benefit as part of its efforts to raise awareness of the importance of the program and conducted advertising of that map and its work.

Program 2
Expenses: $69,186 Revenue: $139,667

FULL STACK FRAMEWORK: Promote a holistic framework for Internet governance including examining and target market power where it actually exists. Such work also included raising awareness of the...

Read more

FULL STACK FRAMEWORK: Promote a holistic framework for Internet governance including examining and target market power where it actually exists. Such work also included raising awareness of the national security threat of ByteDance's control of TikTok as well as a white paper on implementing a full-stack framework.

Program 3
Expenses: $65,405 Revenue: $123,000

PRIVACY: Protect consumer privacy while ensuring a level playing field for innovation.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,395,000
Program Service Revenue $0
Investment Income $800
Other Revenue $0
TOTAL REVENUE $1,395,800

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $132,410
Fundraising Expenses $0
Program Expenses $1,118,042
Other Expenses $946,541
TOTAL EXPENSES $1,118,951

Year-over-Year Comparison

2023 2022 Change
Revenue $1,395,800 $325,000 +3.3%
Expenses $1,118,951 $172,037 +5.5%
Net Income $276,849 $152,963 +0.8%
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
N/A
Employees
2
Volunteers
1

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
$123,409
Total Directors
3
$123,409
Key Employees
3
$123,409
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joel Thayer President & Member of the Board 40
Officer Director Key Emp Highest
$107,027 $0 $107,027
Nicholas Degani Chief Strategist & Member of the Board 10
Officer Director Key Emp
$16,382 $0 $16,382
Kim Keenan Chief Policy Officer & Member of the Board 1
Officer Director Key Emp
$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 $1,395,800 $1,118,951 $562,367 $276,849
2022 $325,000 $172,037 $284,502 $152,963
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare The Digital Progress Institute with other nonprofits in District of Columbia and across the country.