Diversity Council

Nonprofit profile at a glance

EIN
411709139
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Rochester, MN, USA
Phone
5073986282
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Intergroup, Race Relations

Reported finances

Revenue
$2,117
Expenses
$3,166
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • JULIE HOBBS (DIRECTOR)
  • NICOLE SANDHU (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our purpose: growing equitable communities rooted in compassion where all facets of human identity are understood and respected, and where every individual acts conscientiously and with courage.

What it reported doing in 2024

Training & consultation diversity council focused on developing shared language around diversity, equity, and inclusion in order to build trusted spaces for transformational conversation and work to take place. In 2022, we built trust and credibility with so many educational and non-profit institutions to propel change and growth. We connected with thousands of employees and more than 1,000 students through virtual and in-person training as well as in direct work with teachers, administration, and student mentors. Training participants' newfound knowledge and perspectives will continue to impact students and families in years to come. 2022 saw the continuation of key educational initiatives across all parts of our region, including significant work in the nonprofit sector, which was underwritten in part by a grant from mayo clinic community engagement. In the public sector work was also done with city and county governments in partnership with southeastern Minnesota league of municipalities, underwritten in part by a grant from southern Minnesota initiative foundation. In total, more than 80 organizations benefitted from our professional training and consultation across Minnesota and nationwide. The consultation and training provided in these spaces aided in creating a safe environment for curiosity and learning to take place.

Operating model

Revenue model
Donor-supported. 100% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 22
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.3%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -49.6%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: -7.4% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.3% of spending went to programs
  • Governance: 2 of 2 board members independent · 4 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $3K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.