NATIONAL DIGITAL EQUITY CENTER

EIN: 871793103 501(c)(3) Education

WISCASSET, ME

Total Revenue
$1,377,816
Total Expenses
$1,653,600
Total Assets
$53,033
Net Assets
$-202,014
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
ME
Principal Officer
SUSAN CORBETT
Phone
2072595010
Tax Period
2024-10-01 to 2025-09-30

NATIONAL DIGITAL EQUITY CENTER, founded in 2021, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $1.7M exceeded revenue, resulting in a 20% operating deficit.

Mission

THE NATIONAL DIGITAL EQUITY CTR PROVIDES DIGITAL SKILLS TRAINING, AND ADVOCATES FOR DIGITAL INCLUSION WHICH INCLUDES AFFORDABLE BROADBAND, AFFORDABLE EQUIPMENT, DIGITAL SKILLS TRAINING AND PUBLIC COMPUTER ACCESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $517,798
Program Service Revenue $859,981
Investment Income $37
Other Revenue $0
TOTAL REVENUE $1,377,816

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,104,080
Fundraising Expenses $0
Program Expenses $371,842
Other Expenses $549,520
TOTAL EXPENSES $1,653,600

Year-over-Year Comparison

2024 2023 Change
Revenue $1,377,816 $1,605,495 -0.1%
Expenses $1,653,600 $1,576,351 +0.0%
Net Income $-275,784 $29,144 -10.5%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
26
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK OUELLETTE PRESIDENT/VICE PRESIDENT 005.00
Officer
$0 $0 $0
STEVEN KOLTAI SECRETARY/TREASURER 001.00
Officer
$0 $0 $0
PEGGY SCHAEFFER MEMBER 001.00
Officer
$0 $0 $0
MOLLY CURRAN ROWLES MEMBER 001.00
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 $1,377,816 $1,653,600 $53,033 $-275,784
2024 $1,605,495 $1,576,351 $206,358 $29,144
2023 $1,542,532 $1,235,336 $630,088 $307,196
2022 $1,729,700 $1,414,943 $314,757 $314,757
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