Institute For Digital Progress
EIN: 474612847 · Phoenix, AZ · NTEE: B05
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $89K |
| Net Assets | $6K |
Is Institute For Digital Progress Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute For Digital Progress
Institute For Digital Progress (EIN: 474612847) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code B05. The organization reported total revenue of $74K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute For Digital Progress's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute For Digital Progress is a micro nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2017–2021). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $89K |
| Surplus / Deficit | $-15,399 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | -20.9% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2021, Institute For Digital Progress reported a deficit of $15K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2017–2021), Institute For Digital Progress's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -8.7% | -2.2% | -72.9% |
| 2020 | -49.8% | -41.6% | -39.0% |
| 2019 | +112.2% | +184.3% | +15.0% |
| 2018 | -14.4% | -20.4% | +221.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute For Digital Progress 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 Institute For Digital Progress 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Frequently Asked Questions about Institute For Digital Progress
Is Institute For Digital Progress a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute For Digital Progress (EIN: 474612847) insufficient data. 0 red flags identified, 0 strengths noted.
How does Institute For Digital Progress spend its money?
Detailed spending breakdown data is not yet available for Institute For Digital Progress. Check back for updated IRS 990 analysis.
Are donations to Institute For Digital Progress tax-deductible?
Institute For Digital Progress is registered as a tax-exempt nonprofit (EIN: 474612847). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute For Digital Progress located?
Institute For Digital Progress is headquartered in Phoenix, Arizona and files with the IRS under EIN 474612847. It is classified under NTEE code B05.
How many years of IRS 990 filings does Institute For Digital Progress have?
Institute For Digital Progress has 5 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 $74K in total revenue.
Filing History
IRS 990 filing history for Institute For Digital Progress showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2017–2021), Institute For Digital Progress's revenue has declined by 16.7%, moving from $88K to $74K. Total assets decreased by 38.9% over the same period, from $9K to $6K. Total functional expenses rose by 29.1%, from $69K to $89K. In its most recent filing year (2021), Institute For Digital Progress reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $74K | $89K | $6K | $0 | — | — |
| 2020 | $81K | $91K | $21K | $0 | — | — |
| 2019 | $160K | $156K | $35K | $0 | — | View 990 |
| 2018 | $76K | $55K | $30K | $0 | — | View 990 |
| 2017 | $88K | $69K | $9K | $0 | — | — |
Year-by-Year Financial Summary
- 2021: Revenue of $74K, expenses of $89K, and assets of $6K (revenue -8.7% year-over-year).
- 2020: Revenue of $81K, expenses of $91K, and assets of $21K (revenue -49.8% year-over-year).
- 2019: Revenue of $160K, expenses of $156K, and assets of $35K (revenue +112.2% year-over-year).
- 2018: Revenue of $76K, expenses of $55K, and assets of $30K (revenue -14.4% year-over-year).
- 2017: Revenue of $88K, expenses of $69K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute For Digital Progress:
Data Sources and Methodology
This transparency report for Institute For Digital Progress 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.