The Diversity Consortium

Nonprofit profile at a glance

EIN
880611017
IRS 990-PF coverage
2024–2024
Forms available
Form 990-PF 2024
Location
Nashville, TN, USA
Phone
7703094004
Rating
28
Verdict
REVIEW
Rating confidence
Standard
Sector
Education N.E.C.

Reported finances

Revenue
$0
Expenses
$2,832

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

Overview

Mission

Education N.E.C.

What it reported funding in 2024

The foundation reported 1 grant totaling $1,500. The stated grant purpose was support for operations.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no charitable disbursements for the current year.

The verdict

REVIEW - The filing clearly reports transactions involving insiders. A relatively small share of available resources goes to charitable grants and a relatively small share of spending goes to grants.

Rating breakdown

  • Grant Deployment: 0
  • Cost Efficiency: 53
  • Transparency: NotEnoughData
  • Compliance: 73
  • Endowment Health: 23

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 0%; rating input score 0; 7th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 53%; rating input score 53; 54th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Limited

Compliance

  • Part VII-B activity disclosures: 15 of 19 controls in place; rating input score 79
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Missing
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Missing
    • Premiums paid on a personal-benefit contract: Missing
    • Prohibited tax-shelter transaction: Missing
  • Filing consistency checks: 6; rating input score 67

Endowment Health

  • Endowment-health comparison: 0.05; rating input score 23; 23rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: Filed grants detail
  • Payout: At most 0% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 23th percentile for endowment coverage
  • Consistency: 6 of 9 current checks pass · 3 findings to review
  • 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 — Grant Deployment: Grant deployment ratio scored 0/100.
  • Review — Cost Efficiency: Grant expense ratio scored 53/100.
  • High — Endowment Health: Endowment-health comparison scored 23/100.
  • Moderate — Transparency & Controls: Assets equal liabilities and net assets did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Balance sheet boy total did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Balance sheet eoy total did not reconcile in the filed values.