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Digital Nest Inc

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

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

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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

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)

Digital Nest Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The organization demonstrates exemplary governance with a fully independent board and robust financial oversight practices. Indicators such as a 92% score in Accountability & Finance and a perfect score in constituent feedback highlight its commitment to transparency and community engagement.

User feedback from Great Nonprofits underscores Digital Nest's significant impact on youth in underserved communities, particularly in Watsonville and Salinas, California. Volunteers and participants have praised the organization for providing critical resources, mentorship, and training that empower young individuals from minority and low-income backgrounds to pursue successful careers in technology and business. The positive testimonials reinforce the organization's role in fostering skill development and career readiness.

While Digital Nest excels in many areas, there are notes of limitations in equity data and policies, scoring lower in these categories compared to other metrics. Despite this, the organization actively collects and utilizes feedback to address challenges and improve its strategies, indicating a commitment to continuous growth and serving its community's needs effectively.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Digital Nest Inc?

96% of 19 reviewers on Facebook recommend Digital Nest Inc. Here is a summary of their reviews:

Overall, the sentiment toward Digital Nest Inc is predominantly positive, with most users expressing their satisfaction with the nonprofit's initiatives. Many appreciate the organization's commitment to helping young individuals gain valuable skills in technology and digital literacy.

However, one reviewer expressed a negative experience, stating that the invitation process was confusing. Despite this, the strong recommendation percentage indicates that the majority feel positively about what Digital Nest Inc offers to the community and support its mission.


This AI summary has been generated from reviews found on Facebook.

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.


Heare are some key statistics you may want to consider:

Executive Compensation: $365,078
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,270,857

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?

Jacob Martinez is the CEO of Digital Nest Inc The CEO's salary of Digital Nest Inc is $166,427 and their total compensation is $176,969.


Official website here: www.digitalnest.org

What is the revenue of Digital Nest Inc?

Digital Nest Inc's revenue in 2023 was $8,905,777.


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 2023 was $25,592. There are 103 employees and 50 volunteers at Digital Nest Inc.

Here are 15 key members and their salaries (Digital Nest Inc's CEO's salary is $166,427 and their total compensation is $176,969):


Antonia Franco (Coo)
  • Compensation: $176,763
  • Related: $0
  • Other: $11,346
Jacob Martinez (Ceo)
  • Compensation: $166,427
  • Related: $0
  • Other: $10,542
Corinne Warnshuis (Growth Officer)
  • Compensation: $120,015
  • Related: $0
  • Other: $9,148
Matthew Payne (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Cruz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Pena-Alas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Dacquisto (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blanca Baltazar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Catlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruben Dario-Villa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Fabela (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Nethercutt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Nino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Vargas-Vega (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.digitalnest.org

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

Digital Nest Inc's most recent form 990 was submitted in 2023 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.

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Impact




July, 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.




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.


Financials

This financial information is from Propublica.

Revenue
$8,905,777 (2023)
Expenses
$4,338,703 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $58,944
  • Program Service Revenue: $68,619
  • Gross Receipts: $8,905,777

Assets and Liabilities:

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

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Programs

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

TECH TRAINING & EDUCATION

Revenue

$68,619

Organization Details

Founding Year

2014

Principal Officer

Antonia Franco

NTEE Category

Code: O5 - Youth development

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