Diverso Coalition Inc
Nonprofit profile at a glance
- EIN
- 861261831
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Los Angeles, CA, USA
- Phone
- 9176690588
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $17,888
- Expenses
- $74,762
- Assets
- $18,153
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- FRANKIE LI (PRESIDENT)
People named in this filing
- FRANKIE LI (PRESIDENT)
- SARA ELISA MILLER (TREASURER)
- SHAILHA ALAM (SECRETARY)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization is devoted to empowering the next generation of underrepresented storytellers coming out of Universities. There are 2 core fellowships: The Minority Report and Black Writers in Focus, which provide personalized career development, panels, and networking opportunities.
What it reported doing in 2024
The Diverso Opportunity Grants were paid to 4 Diverso fellows, The money was used by all of them to help them get toa finished short film. Approximately 30 donors served
Operating model
- Revenue model
- Donor-supported. 64% 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
SUPPORTED - The filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 100
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.1%; rating input score 67
- Program expense ratio: 16.1%; rating input score 16
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -317.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 24.7%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: -106.1% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: -66.7% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -65.9% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 67.1% of revenue deployed · 16.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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 — Financial Efficiency: Program expense ratio scored 16/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 7/100.