Digital Ready Inc
- Assets
- $243.5k
- Revenue
- $885.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Boston, MA
- Founding
- Data as of
- 06/2022
- EIN
- 85-1489119
Organization Overview
Digital Ready Inc is located in Boston, MA. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Digital Ready Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Digital Ready Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE ACTIVATE THE CREATIVE POTENTIAL OF HIGH SCHOOL STUDENTS, ESPECIALLY UNDERREPRESENTED YOUNG PEOPLE, TO BUILD TANGIBLE PATHWAYS TO ECONOMIC OPPORTUNITIES IN BOSTON'S INNOVATION ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEM ACCESS PATHWAYS - ACTIVATED THE CREATIVE POTENTIAL OF YOUNG PEOPLE, ESPECIALLY BLACK AND LATINX YOUTH, TO BUILD TANGIBLE PATHWAYS TO ECONOMIC OPPORTUNITIES IN BOSTON'S INNOVATION ECONOMY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Sarah Cherry Rice Chair | OfficerTrustee | 40 | $0 |
Stacey Jackson Secretary | Officer | 2 | $0 |
Kellyanne Mahoney Treasurer | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $215,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $644,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $860,800 |
| Total Program Service Revenue | $24,900 |
| Investment income | $0 |
| 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 | $885,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,891 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,422 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,923 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $211,464 |
| Advertising and promotion | $0 |
| Office expenses | $48,535 |
| Information technology | $2,210 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,548 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $200 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,065 |
| Insurance | $1,474 |
| All other expenses | $382,803 |
| Total functional expenses | $764,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,479 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $50,005 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $243,484 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $243,484 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $243,484 |