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Digital Nest Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465757256 ✦ Watsonville, CA ✦ Designated as a 501(c)(3)

Overview

What is Digital Nest Inc?

Digital Nest Inc, located in Watsonville, California, is a nonprofit organization committed to empowering young individuals from underserved communities. Through its programs, Digital Nest Inc fosters the development of essential 21st-century skills, creating a vibrant network of educators, professionals, peers, and mentors. Members engage in skill-building sessions, gain practical experience, and form connections that set them apart in the job market. By equipping them with digital workforce skills and a sense of self-determination, Digital Nest Inc enables its members to shape their futures and contribute positively to their communities. Since its inception in 2014, Digital Nest Inc has placed over 210 students in paid internships, jobs, or further education and generated significant revenue through youth-led projects. With a new site manager and plans to expand to Gilroy, CA and two additional centers within the next two years, Digital Nest Inc is poised to make a significant impact on the lives of many young individuals.


Official website here: www.digitalnest.org

Is Digital Nest Inc legitimate?

Digital Nest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Digital Nest Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $148,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,408,906

For more financial information, click here


Official website here: www.digitalnest.org

What is the mission statement of Digital Nest Inc?

Digital Nest Inc is committed to promoting equal access to technological resources and opportunities for young individuals in disadvantaged communities. Their mission is to foster entrepreneurial skills among these youth, aiming to stimulate economic growth. By providing them with necessary training, workforce skills, and inspiration, Digital Nest empowers these young people to excel in their education, careers, and personal lives.


Official website here: www.digitalnest.org

Who is the CEO of Digital Nest Inc?

Matthew Payne is the President of Digital Nest Inc.


Official website here: www.digitalnest.org

What is the revenue of Digital Nest Inc?

Digital Nest Inc's revenue in 2022 was $2,501,736.


Official website here: www.digitalnest.org

Who are the executives of Digital Nest Inc and what are their salaries?

The average compensation at Digital Nest Inc during 2022 was $30,814. There are 83 employees and 80 volunteers at Digital Nest Inc.

Here are 13 key members and their salaries:

    Jacob Martinez (Executive Dir.) [Trustee/Director]
  • Compensation: $138,178
  • Related: $0
  • Other: $10,492

    • Matthew Payne (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Cruz (Vp/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diana Pena-Alas (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Book (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blanca Carr (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Carr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Nethercutt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Nino (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Catlin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Dacquisto (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruben Dario-Villa (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Smith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.digitalnest.org

    Where can I find the form 990 for Digital Nest Inc?

    The Digital Nest Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.digitalnest.org

    Learn more at the official website: www.digitalnest.org

    Mission Statement of Digital Nest Inc

    Digital Nest, an organization dedicated to equality, aims to provide underprivileged youth with equal access to technology and essential resources. Its mission is twofold: firstly, Digital Nest stimulates economic development by offering training and workforce skills to young individuals. This equips them with the necessary tools to excel in their educational pursuits, careers, and personal lives. Secondly, Digital Nest is committed to nurturing entrepreneurial skills with technology, thereby empowering young people to reach their full potential. By providing equal access to technology, Digital Nest fosters opportunities for growth and development within underserved communities.

    Impact

    This information is meant to be a general summary of Digital Nest Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Digital Nest Inc is making a significant impact by providing equal access to technology and resources to young people in underserved communities. Through their programs, more than 3,378 members have gained essential 21st-century workplace skills, built technical and soft skills, and made connections that set them apart in the job market. This has resulted in over 210 students being placed in paid internships, career-track jobs, or post-secondary education since 2014.

    In addition, their youth-led digital media production agency, bizzNEST, has generated over $185,000 in revenue from projects for local clients, creating 15 jobs and over 11,000 hours of paid on-the-job training for advanced students. Digital Nest also provided career training workshops to more than 628 students and hosted the NEST Flight Youth Workforce Conference, which was attended by more than 245 young adults.

    Their expansion plans include opening two more centers in addition to the existing three, furthering their reach and impact on youth development in underserved communities. Digital Nest's dedication to empowering young people with the skills and resources needed to succeed is transforming lives and strengthening communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,927
  • Program Service Revenue: $120,334
  • Gross Receipts: $2,501,736

    • Assets and Liabilities:
  • Total Assets: $4,056,459
  • Total Liabilities: $595,513
  • Net Assets: $3,460,946
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TECH TRAINING & EDUCATION

    Revenue

    $120,334

    Organization Details

    Founding Year

    2014

    Principal Officer

    Matthew Payne

    Main Address

    318 UNION ST BLDG B, WATSONVILLE, CA, 95076

    NTEE Category

    Code: O5 - Youth development

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