Digitalis Commons INC EIN 83-2669271 Form 990 (PDF) Claim this org

Digitalis Commons INC FY2021 filing

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Develops technology to solve complex health problems for the public. For fiscal year 2021 it reported $25K in revenue, $18K in expenses, and $758K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
New York, NY
Website
digitaliscommons.org
Filings
5 on file (2020–2021)
Revenue
$25KFY2021
Expenses
$18K
Net assets
$758K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-2669271 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/24/26 · see original: IRS
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Size
$1–10M
What they do
Develops technology to solve complex health problems for the public.
Leadership
Geoffrey W Smith · Director
Money in and out
$25K revenue, $18K expenses
Bottom line
15% program efficiency
Where the money goes · FY2021
Total revenue
$25K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$758K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $8K
Where spending went · Part IX cols B–D
Program services $0.15 Management & general $0.85
Program efficiency
15%
of spending reaches programs
Operating runway
527.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+30%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$25K
FY2021▼ -91%
Expenses
$18K
FY2021▼ -93%
Total assets
$771K
FY2021▼ -2%
Total liabilities
$13K
FY2021▼ -65%
Total revenue
$25K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$758K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$8K
Total assetsPt X · Ln 16$771K
Program-expense ratioPt IX · col B15%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $3K of program spending, described in the organization's own filed words · FY2021.
01

Digitalis commons, inc. Developed tools to help people stay current with scientifically-informed news about health by intelligently aggregating links that are currently being discussed on public forums by influential thinkers. The organization also partnered with one nonprofit.

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDigitalis Commons INC
EINHdr · item D83-2669271
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jdigitaliscommons.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E02)
Ruling yearIRS BMFMay 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Lara Mangravite’s $375K as Executive Director is at the 94th percentile of top reported officer pay among 3116 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023
Lara Mangravite$375,292$134,377
Janice Louie$263,242
Idin Jafari$217,902
Rut Pena$206,553
Geoffrey Smith$150,000$112,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$25K · 99%
Investment income$192 · 1%
Contributions & grants99%$25K
Investment income1%$192
Total revenueLn 12$25K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.15 Management & general $0.85
Program services15%$3K
Management & general85%$15K
Total functional expensesLn 25$18K

Balance Sheet

Part X · end of year
CashLn 1$771K
Total assetsLn 16$771K
Total liabilitiesLn 26$13K
Total net assetsLn 32$758K
Months of cash on handcomputed527.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $771K · Operating expenses/yr $18K
527.3 months
Where the money goes
Program services
Program services $3K · Total expenses $18K
15%
Management & General
Management & general $15K · Total expenses $18K
85%
Fundraising
Fundraising $0 · Total expenses $18K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $154K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $25K · Total revenue $25K
99%
Government reliance
Government grants — · Total revenue $25K
Earned-income share
Program service revenue $0 · Total revenue $25K
0%
Investment reliance
Investment income $192 · Total revenue $25K
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $18K
0%
Growth & trend
Revenue growth (YoY)
This year $25K · Prior year $282K
-91%
Net-asset trend (YoY)
End of year $758K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $25K · Expenses $18K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $771K
Net-asset ratio
Net assets $758K · Total assets $771K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $771K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Geoffrey W Smith · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $18K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $18K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 15%
Overhead ratio 85%
Fundraising cost ratio 0%
Revenue growth -91%
Accounting fee ratio 70%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $50K · 2020–2020

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$4.8M revenue · ⤓ 990 PDF
FY2023$2.1M revenue · ⤓ 990 PDF
FY2022$350K revenue · ⤓ 990 PDF
FY2021$25K revenue · viewing · ⤓ 990 PDF
FY2020$282K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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