Digital Vibez Inc
EIN: 465032425 · West Palm Bch, FL · NTEE: O99
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.0M |
| Net Assets | $444K |
Is Digital Vibez Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Digital Vibez Inc
Digital Vibez Inc (EIN: 465032425) is a nonprofit organization based in West Palm Bch, FL, classified under NTEE code O99. The organization reported total revenue of $1.6M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Digital Vibez Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Digital Vibez Inc is a mid-size nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 49.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$186K |
| Total Assets | $701K |
| Total Liabilities | $258K |
| Net Assets | $444K |
| Operating Margin | 15.0% |
| Debt-to-Asset Ratio | 36.7% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2023, Digital Vibez Inc reported a surplus of $186K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 36.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Digital Vibez Inc's revenue has grown at a compound annual growth rate (CAGR) of 49.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.4% | -15.9% | +40.2% |
| 2022 | +8.8% | +16.8% | -0.5% |
| 2021 | +125.6% | +133.9% | +29.5% |
| 2020 | -9.8% | -11.6% | +379.6% |
| 2019 | +60.5% | +45.2% | +88.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Digital Vibez Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Digital Vibez Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $186K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.7%.
Frequently Asked Questions about Digital Vibez Inc
Is Digital Vibez Inc a legitimate charity?
Digital Vibez Inc (EIN: 465032425) is a registered tax-exempt nonprofit based in Florida. It has 9 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: A.
How does Digital Vibez Inc spend its money?
Digital Vibez Inc reported $1.6M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Digital Vibez Inc tax-deductible?
Digital Vibez Inc is registered as a tax-exempt nonprofit (EIN: 465032425). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Digital Vibez Inc located?
Digital Vibez Inc is headquartered in West Palm Bch, Florida and files with the IRS under EIN 465032425. It is classified under NTEE code O99.
How many years of IRS 990 filings does Digital Vibez Inc have?
Digital Vibez Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Digital Vibez Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Digital Vibez Inc's revenue has grown by 2353.9%, moving from $50K to $1.2M. Total assets increased by 330770.3% over the same period, from $212 to $701K. Total functional expenses rose by 2024.6%, from $49K to $1.0M. In its most recent filing year (2023), Digital Vibez Inc reported a surplus of $186K, with revenue exceeding expenses. The organization holds $258K in liabilities against $701K in assets (debt-to-asset ratio: 36.7%), resulting in net assets of $444K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.0M | $701K | $258K | — | — |
| 2022 | $1.3M | $1.2M | $500K | $242K | — | View 990 |
| 2021 | $1.2M | $1.1M | $503K | $249K | — | — |
| 2020 | $510K | $457K | $388K | $216K | — | View 990 |
| 2019 | $565K | $517K | $81K | $36K | — | View 990 |
| 2018 | $352K | $356K | $43K | $47K | — | View 990 |
| 2017 | $201K | $211K | $477 | $0 | — | View 990 |
| 2016 | $144K | $142K | $1K | $0 | — | View 990 |
| 2015 | $50K | $49K | $212 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.0M, and assets of $701K (revenue -1.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $500K (revenue +8.8% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $503K (revenue +125.6% year-over-year).
- 2020: Revenue of $510K, expenses of $457K, and assets of $388K (revenue -9.8% year-over-year).
- 2019: Revenue of $565K, expenses of $517K, and assets of $81K (revenue +60.5% year-over-year).
- 2018: Revenue of $352K, expenses of $356K, and assets of $43K (revenue +75.2% year-over-year).
- 2017: Revenue of $201K, expenses of $211K, and assets of $477 (revenue +39.8% year-over-year).
- 2016: Revenue of $144K, expenses of $142K, and assets of $1K (revenue +185.6% year-over-year).
- 2015: Revenue of $50K, expenses of $49K, and assets of $212.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Digital Vibez Inc:
Data Sources and Methodology
This transparency report for Digital Vibez Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.