Diversecity Enterprises Inc
Nonprofit profile at a glance
- EIN
- 452625796
- IRS 990-EZ coverage
- 2013–2018
- Forms available
- Form 990-EZ 2018, Form 990-N 2015
- Location
- Monroeville, PA, USA
- Phone
- 4125123199
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $141,380
- Expenses
- $101,827
- Assets
- $23,783
- Liabilities
- $2,281
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GREGORY ROSNICK (PRESIDENT)
- LOUIS MICHAEL FRATANGELO (TREASURER/EXECUTIVE DIRECTOR)
People named in this filing
- GREGORY ROSNICK (PRESIDENT)
- SAM PERMUTT (SECRETARY)
- LOUIS MICHAEL FRATANGELO (TREASURER/EXECUTIVE DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Diversecity enterprises, inc. Currently hosts a youth summer program called "diversecity hoops." the program strives to employ athletics as the vehicle to instill in its youth participants an awareness and appreciation of the diversity of our society through meaningful engagement in sport itself, as well as in daily seminars focusing on issues of culture, gender, language, race, and religion. By engaging students in meaningful activities on the court/field and in the classroom, the desired objective of embracing diversity and championing its dissemination can be realized through athletics.
What it reported doing in 2018
Diversecity enterprises, inc. Hosted a youth summer program called "diversecity hoops." the program provided a premiere athletic and educational experience for elementary and middle school youth. Teachers (counselors) and students (campers) worked together, connecting lessons to students' (campers') lives. Teachers engaged students (campers) with challenging ideas, emphasizing dialogue over lectures. Participants came from diverse social and economic backgrounds. Scholarships were provided to the extent participants could not pay the full program service fee.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72%; rating input score 72
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 28%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 48.1%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -19.6% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: 38.4% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 46.6% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 72% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $102K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2013 to 2018
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.