INSTITUTE FOR DIGITAL INCLUSION ACCELERATION (EIN 871909527) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

DR ERIN CARR-JORDAN

Phone

8778295500

Tax Period

2023-09-01 to 2024-08-31

INSTITUTE FOR DIGITAL INCLUSION ACCELERATION, founded in 2021, is a community nonprofit in the Public & Societal Benefit sector that reported $9.2M in total revenue in fiscal year 2023. Revenue surged 387% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 21% operating margin.

Mission

THE INSTITUTE FOR DIGITAL INCLUSION ACCELERATION AIMS TO ELIMINATE THE DIGITAL DIVIDE AND CREATE SPACES AND SYSTEMS WHERE EVERY INDIVIDUAL, REGARDLESS OF THEIR BACKGROUND, GEOGRAPHIC LOCATION, OR ABILITY, CAN THRIVE. WE WORK COLLABORATIVELY ACROSS SECTORS TO ENSURE INDIVIDUALS AND COMMUNITIES HAVE THE TOOLS, SUPPORT AND RESOURCES NEEDED TO FULLY AND MEANINGFULLY PARTICIPATE IN THE DIGITAL WORLD.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,157,357

Program Service Revenue $0

Investment Income $0

Other Revenue $13,219

TOTAL REVENUE $9,170,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $377,208

Fundraising Expenses $41,494

Program Expenses $7,082,740

Other Expenses $6,895,619

TOTAL EXPENSES $7,272,827

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,170,576	$1,884,663	+3.9%
Expenses	$7,272,827	$720,202	+9.1%
Net Income	$1,897,749	$1,164,461	+0.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

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
DIANA M BOWMAN	DIRECTOR	1.00	Director	$0	$0	$0
DEREK MASSETH	DIRECTOR	1.00	Director	$0	$0	$0
DR ERIN CARR-JORDON	PRESIDENT & CEO	40.00	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	$9,170,576	$7,272,827	$4,264,812	$1,897,749
2023	$1,884,663	$720,202	$1,193,428	$1,164,461

INSTITUTE FOR DIGITAL INCLUSION ACCELERATION