Civic Intelligence

Divinc

EIN 81-3052133 • 501(c)3 • Austin, TX

Profile

Divinc's mission is to generate social and economic equity through entrepreneurship.

200 W 6th Street 1700Austin, TX 78701

www.divinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.76x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

80th percentile

0.47x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

8th percentile

-39%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-13%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Revenue Growth

16th percentile

-17%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Assets

Down

$818,276

Down $404,513 (-33%) from 2024

Liabilities

Up

$624,966

Up $108,873 (+21%) from 2024

Net Assets

Down

$193,310

Down $513,386 (-73%) from 2024

Revenue

Down

$1,319,288

Down $823,662 (-38%) from 2024

Expenses

Up

$1,832,674

Up $129,759 (+7.6%) from 2024

Net Income

Down

-$513,386

Down $953,421 (-217%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2018: $1,560Liabilities 2018: $02018Assets 2019: $198,428Liabilities 2019: $6,985Net Assets 2019: $191,4432019Assets 2020: $186,388Liabilities 2020: $59Net Assets 2020: $186,3292020Assets 2021: $825,179Liabilities 2021: $109,845Net Assets 2021: $715,3342021Assets 2022: $1,242,173Liabilities 2022: $193,058Net Assets 2022: $1,049,1152022Assets 2023: $940,413Liabilities 2023: $536,773Net Assets 2023: $403,6402023Assets 2024: $1,222,789Liabilities 2024: $516,093Net Assets 2024: $706,6962024Assets 2025: $818,276Liabilities 2025: $624,966Net Assets 2025: $193,3102025

Highlighted filing

2025

Assets$818,276
Liabilities$624,966
Net Assets$193,310

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $55,022Expenses 2018: $55,043Net Income 2018: -$212018Revenue 2019: $246,379Expenses 2019: $56,497Net Income 2019: $189,8822019Revenue 2020: $285,228Expenses 2020: $290,342Net Income 2020: -$5,1142020Revenue 2021: $1,106,438Expenses 2021: $577,433Net Income 2021: $529,0052021Revenue 2022: $2,296,391Expenses 2022: $1,962,610Net Income 2022: $333,7812022Revenue 2023: $1,379,462Expenses 2023: $2,026,852Net Income 2023: -$647,3902023Revenue 2024: $2,142,950Expenses 2024: $1,702,915Net Income 2024: $440,0352024Revenue 2025: $1,319,288Expenses 2025: $1,832,674Net Income 2025: -$513,3862025

Highlighted filing

2025

Revenue$1,319,288
Expenses$1,832,674
Net Income-$513,386

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Aug 12, 2025
Return Version
2024v5.2
Gross Receipts
$1,319,288
Mission and Program Overview

Mission

Divinc's mission is to generate social and economic equity through entrepreneurship.

Divinc serves as a bridge for underrepresented entrepreneurs and the tech startup ecosystem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$975,178$704,556▼ $270,622
Rtn Earn Endowment Incm Other Fnds$706,696$193,310▼ $513,386
Savings and Temporary Cash Investments$100,000$100,000→ $0
Accounts Receivable$147,611$9,720▼ $137,891
Prepaid Expenses and Deferred Charges-$4,000-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,222,789$818,276▼ $404,513
Liabilities
Mortgage Notes Payable Secured by Investment Property$500,000$613,000▲ $113,000
Accounts Payable and Accrued Expenses$16,093$11,966▼ $4,127
Total Liabilities$516,093$624,966▲ $108,873
Net Assets / Fund Balance
Total Net Assets Fund Balance$706,696$193,310▼ $513,386
Total Liabilities and Net Assets / Fund Balance$1,222,789$818,276▼ $404,513
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Preston James IiCo-founder/CEO-$104,662$10,778$115,440
Ashley DewaltManaging DirectorFT$100,480$117$100,597

Board Members and Trustees

NameTitle
Josh Jones-dilworthChair
Kate WilliamsVice-chair
Brandon Middleton-prattBoard Member
Chris HyamsBoard Member
Mercy WakweikaBoard Member
Rajiv BalaBoard Member
Steve GoldsmithBoard Member
Kimbal SmithLegal
Mark PhillipSecretary
Juan ThurmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Kenny OzunaFinancial Services200 W 6TH ST SUITE 1700, Austin, TX 78701$106,668
Revenue and Support

Revenue Composition

Contributions and Grants
$1,316,558
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,730
All Other Contributions
$1,316,558
Change in Net Assets
$-513,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,385,557
Salaries, Compensation, and Employee Benefits$447,117
Total Fundraising Expense$331,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$199,433$104,580$130,065$434,078
Conferences and Meetings$354,753--$354,753
Other Salaries and Wages$125,694$65,579$81,974$273,247
Occupancy$143,385--$143,385
Current Officers, Directors, Trustees, and Key Employees$26,649$19,986$86,609$133,244
Advertising$87,244--$87,244
All Other Expenses-$12,521$24,728$37,249
Payroll Taxes$15,969$11,644$5,656$33,269
Travel$16,035--$16,035
Other Expenses$22,204$14,434-$14,434
Fees for Services Accounting-$9,861-$9,861
Other Employee Benefits$3,384$1,766$2,207$7,357
Office Expenses-$5,566-$5,566
Insurance-$5,073-$5,073
Fees for Services Legal-$400-$400
Total Functional Expenses$1,227,067$274,368$331,239$1,832,674
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by staff and provided to the full board of directors prior to filing.

Form 990, Part VI, Section B, Line 12

Board members receive the conflict of interest policy with their board member contracts, and they are expected to recuse themselves from voting on decisions which could benefit them directly.

Form 990, Part VI, Section C, Line 19

All required documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Divinc
EIN
81-3052133
Phone
5129094499
Address
200 W 6TH STREET 1700, AUSTIN, TX 78701

Signing Officer

Name
Preston James Ii
Title
CEO
Phone
5129094499
Signed
2025-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Preston James Ii
Formed
2016
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
63

Preparer

Firm
Avenson Hamann Cpas Llp
Address
7421 BURNET ROAD 522, AUSTIN, TX 78757
Preparer
Catherine Avenson
Phone
5126939131
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract labor: program service expenses 199,433. Management and general expenses 104,052. Fundraising expenses 130,065. Total expenses 433,550. Recruiting: program service expenses 0. Management and general expenses 528. Fundraising expenses 0. Total expenses 528.

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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04000
IRS990/PrincipalOfficerNm0PRESTON JAMES II
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02118629
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01091685
IRS990/PYOtherRevenueAmt024321
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0440035
IRS990/PYSalariesCompEmpBnftPaidAmt0611230
IRS990/PYTotalExpensesAmt01702915
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02142950
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-513386
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0706696
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0193310
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0355000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0550000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0650000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0651005
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0358500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt02564505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01316558
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02118629
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01379462
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02296037
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01106438
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08217124
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.68790
IRS990ScheduleA/PublicSupportPY509Pct00.68760
IRS990ScheduleA/PublicSupportTotal509Amt05652619
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0355000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0550000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0650000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0651005
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0358500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt02564505
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01316558
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02118629
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01379462
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02296037
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01106438
IRS990ScheduleA/Total509Grp/TotalAmt08217124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01316558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02118629
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01379462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02296037
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01106438
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08217124
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY STAFF AND PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS RECEIVE THE CONFLICT OF INTEREST POLICY WITH THEIR BOARD MEMBER CONTRACTS, AND THEY ARE EXPECTED TO RECUSE THEMSELVES FROM VOTING ON DECISIONS WHICH COULD BENEFIT THEM DIRECTLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT LABOR: PROGRAM SERVICE EXPENSES 199,433. MANAGEMENT AND GENERAL EXPENSES 104,052. FUNDRAISING EXPENSES 130,065. TOTAL EXPENSES 433,550. RECRUITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 528. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 528.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01222789
IRS990/TotalAssetsEOYAmt0818276
IRS990/TotalAssetsGrp/BOYAmt01222789
IRS990/TotalAssetsGrp/EOYAmt0818276
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01316558
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0331239
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0274368
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01227067
IRS990/TotalFunctionalExpensesGrp/TotalAmt01832674
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0516093
IRS990/TotalLiabilitiesEOYAmt0624966
IRS990/TotalLiabilitiesGrp/BOYAmt0516093
IRS990/TotalLiabilitiesGrp/EOYAmt0624966
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0706696
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0193310
IRS990/TotalOtherCompensationAmt010895
IRS990/TotalProgramServiceExpensesAmt01227067
IRS990/TotalReportableCompFromOrgAmt0205142
IRS990/TotalRevenueGrp/ExclusionAmt02730
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01319288
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt063
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01222789
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0818276
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt016035
IRS990/TravelGrp/TotalAmt016035
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 W 6TH STREET 1700

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