Digital Harbor Foundation Inc

Organization Overview

Digital Harbor Foundation Inc is located in Baltimore, MD. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Digital Harbor Foundation Inc employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Digital Harbor Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Digital Harbor Foundation Inc generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $3.9m during the year ending 12/2021. While expenses have increased by 22.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FOSTERING INNOVATION, TECHNOLOGICAL ADVANCEMENT AND ENTREPRENEURSHIP THROUGH EDUCATIONAL INITIATIVES INCLUDING DIRECT SERVICE PROGRAMS FOR YOUTH AND CAPACITY-BUILDING FOR EDUCATORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TECH CENTER:THE DIGITAL HARBOR FOUNDATION (DHF) TECH CENTER IS LOCATED IN THE FORMER SOUTH BALTIMORE RECRECATION CENTER AND WAS OPENED BY DHF IN JANUARY 2013. THE TECH CENTER PROVIDES OUT-OF-SCHOOL-TIME STEM-RELATED SCIENCE, TECHNOLOGY,ENGINEERING, MATH) PROGRAMS FOR YOUTH. THE SPACE IS APPROXIMATELY 5,000 SQUARE FEET IN SIZE. PROGRAMS CREATED BY DHF AND RUN AT THE TECH CENTER INCLUDE A SERIES OF SUMMER TECHNOLOGY CAMPS, AFTER SCHOOL TECHNOLOGY EDUCATION PROGRAMS TEACHING WEB OR MOBILE APPLICATION DEVELOPMENT, DIGITAL FABRICATION (INCLUDING 3D PRINTING), AND OTHER RELATED SKILLS.


CENTER OF EXCELLENCE:THE DHF CENTER OF EXCELLENCE FOR INNOVATION IN TECHNOLOGY EDUCATION BUILDS THE CAPACITY OF OTHER ORGANIZATIONS TO DELIVER INNOVATIVETECHNOLOGY EDUCATION PROGRAMS. SERVING AS A TECHNICAL ASSISTANCEAND TRAINING ARM, THE CENTER OF EXCELLENCE WAS FOUNDED TO EXPANDOPPORTUNITIES FOR MORE YOUTH IN DIGITAL-AGE TECHNOLOGY EDUCATIONAND ALIGN K-12 TECHNOLOGY EDUCATION WITH THE NEEDS OF A GROWING TECHECONOMY.


FISCAL SPONSORSHIPS:DIGITAL HARBOR FOUNDATION PROVIDES FISCAL SPONSORSHIP. BEFORE THEY ARE ACCEPTED THEY MUST PASS A THREE-PART TEST. THE FIRST IS A TEST OF SUFFICIENT MISSION-ALIGNMENT. THE SECOND EVALUATES THE STRENGTHS OF THE INDIVIDUAL LEADING THE WORK. IF THESE TWO ARE POSITIVE, THE FINAL TEST IS AN ASSESSMENT OF DIGITAL HARBOR'S ORGANIZATIONAL CAPACITY TO MEET THE NEEDS ASSOCIATED WITH THE PROJECT. IN 2021, THE FISCAL SPONSORSHIPS INCLUDED LAST MILE EDUCATION FUND, PROJECT WAVES, ARTIST RESCUE TRUST, BALTIMORE DIGITAL EQUITY COALITION, YOUTH JOBS CONNECT AND TDC NETWORK.


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Board, Officers & Key Employees

Name (title)Compensation
Ruthe Farmer
Director - Last Mile Education Fund
$165,080
Andrew Coy
Executive Director
$135,466
Mike Hinkey
Board Treasurer
$0
Christofer Nelson
Secretary
$0
Frank Bonsal III
Board Chair
$0
David Stone
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $359,537
All other contributions, gifts, grants, and similar amounts not included above$5,454,119
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,813,656
Total Program Service Revenue$197,097
Investment income $713
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,011,466

Grants Recieved

Over the last fiscal year, we have identified 32 grants that Digital Harbor Foundation Inc has recieved totaling $4,055,772.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$672,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$545,489
Hopper-Dean Foundation

Menlo Park, CA

PURPOSE: CHARITABLE

$500,000
Capital One Foundation Inc

Mclean, VA

PURPOSE: LAST MILE EDUCATION FUND

$500,000
The Harry & Jeanette Weinberg Foundation Inc

Owings Mills, MD

PURPOSE: TO SUPPORT THE OPERATIONS OF THIS ORGANIZATION, WHICH PROVIDES YOUTH IN THE BALTIMORE REGION WITH STEM AND TECHNOLOGY PROGRAMS RANGING FROM AFTERSCHOOL AND SUMMER PROGRAMS TO PAID YOUTH EMPLOYMENT IN VARIOUS STEM JOBS.

$350,000
The Patrick J Mcgovern Foundation Inc

Boston, MA

PURPOSE: IN SUPPORT OF THE LAST MILE EDUCATION FUND, TO INVEST IN TALENT FROM LOW-INCOME HOUSEHOLDS IN THE TECHNOLOGY AND ENGINEERING SECTOR

$250,000
View Grant Recipient Profile

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