Diversity Focus

Nonprofit profile at a glance

EIN
203420207
IRS 990 coverage
2010–2015
Forms available
Form 990 2015
Location
Cedar Rapids, IA, USA
Phone
3193633707
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Intergroup, Race Relations

Official website

Reported finances

Revenue
$451,975
Expenses
$572,174
Assets
$35,002
Liabilities
$100,000

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • CHAD SIMMONS (PRESIDENT/CEO)

Highest reported compensation

  • CHAD SIMMONS (PRESIDENT/CEO): $123,078 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of diversity focus is to lead in the promotion of diversity, cultural awareness and inclusion in our corridor community. Diversity focus's vision, diversity is the crucial link to economic, cultural, academic, and technological success. Diversity focus' vision is that the corridor community be the model of inclusion that values, nurtures, attracts, and retains people of diverse backgrounds, cultures, and beliefs.

What it reported doing in 2015

Education: in order to advance the concept of lifelong learning, diversity focus is implementing a multifaceted approach to education while promoting the value of diversity in the community. The creative corridor offers a number of personal and professional opportunities for people to learn. Diversity focus partners with local organizations and schools to improve the region's community-based programming. We have developed collaborative partnerships with other organizations to minimize duplication of efforts and to accelerate the use of proven models. Our organization works with community leaders, educators and parents to ensure every child can achieve his or her full potential. We connect peoples' passions to communities for mutual growth. Diversity focus strengthens cultural exchange by improving access to community resources. We empower residents by providing training opportunities and experiences that raise awareness and explore the impact our unique cultures have on our interactions with others.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 86% 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. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 86
  • Accountability: 90
  • Sustainability: 8
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.5%; rating input score 94
  • Fundraising efficiency: $149.09 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 84.9%; rating input score 85; 46th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -26.6%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 2.86; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 21.5%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: -43.5% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.5% of spending went to programs
  • Governance: 12 of 12 board members independent · 6 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $535K in reported program spending
  • Leadership: top reported pay $123K · 20 people listed
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2010 to 2015
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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 — Sustainability: Operating margin scored 10/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 19/100.