Civic Intelligence

Diverso Coalition Inc

EIN 86-1261831 • 501(c)3 • Los Angeles, CA

Profile

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.

453 S Spring StLos Angeles, CA 90013

www.dvrso.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

29th percentile

-12%

Higher net margin than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

45th percentile

-4.8%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-57%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$68,247

Down $27,056 (-28%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$68,247

Down $27,056 (-28%) from 2023

Revenue

Up

$56,770

Up $16,913 (+42%) from 2023

Expenses

Up

$83,826

Up $39,158 (+88%) from 2023

Net Income

Down

-$27,056

Down $22,245 (-462%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2021: $111,387Net Assets 2021: $111,3872021Assets 2022: $100,114Net Assets 2022: $100,1142022Assets 2023: $95,303Net Assets 2023: $95,3032023Assets 2024: $68,247Net Assets 2024: $68,2472024

Highlighted filing

2024

Assets$68,247
Liabilities-
Net Assets$68,247

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $123,104Expenses 2021: $11,717Net Income 2021: $111,3872021Revenue 2022: $92,048Expenses 2022: $103,321Net Income 2022: -$11,2732022Revenue 2023: $39,857Expenses 2023: $44,668Net Income 2023: -$4,8112023Revenue 2024: $56,770Expenses 2024: $83,826Net Income 2024: -$27,0562024

Highlighted filing

2024

Revenue$56,770
Expenses$83,826
Net Income-$27,056

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 15, 2024
Return Version
2023v6.0
Gross Receipts
$56,770
Mission and Program 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.

Program Services

DescriptionGrantsExpenses
Fellows stipends$0$12,300
The Diverso Opportunity Grants were paid to 3 Diverso fellows, The money was used by all of them to help them get toa finished short film. Approximately 30 donors served$0$1,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANKIE LIPresidentPT$0--
SARA ELISA MILLERTreasurerPT$0--
SHAILHA ALAMSecretaryPT$0--
MATTHEW ZHANGBoard MemberPT$0--
MALLOM LIGGONBoard MemberPT$0--
ELSIE CHOIVice ChairPT$0--
DIANA WILLIAMSVice ChairPT$0--
Filing and Contact Details

Filer

Filer Name
Diverso Coalition Inc
EIN
86-1261831
Phone
9176690588
Address
453 S SPRING ST, LOS ANGELES, CA 90013

Signing Officer

Name
Frankie Li
Title
President
Phone
9176690588
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Dale G Sloss CPA A Professional Corp
Address
PO Box 217, Penryn, CA 95663
Preparer
Dale G Sloss
Phone
9167696784
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

Fellowship for persoanlized career development, panels, & networking.; Fellowship; Asad Javed: 406 Alandele Avenue, Los Angeles, CA, 90036; Student, 500.

Form 990EZ, Part I, Line 10

Fellowship for persoanlized career development, panels, & networking.; Fellowship; Fan Zhang: 1 River Ct, Apt 2905, Jersey City, NJ, 07310; Student, 500.

Form 990EZ, Part I, Line 10

Fellowship for persoanlized career development, panels, & networking.; Fellowship; Aaron Bello-Osagie: 6603 Fairway Point Drive, Charlotte, NC, 28269; Student, 500.

Form 990EZ, Part I, Line 16

INSURANCE 1022.

Form 990EZ, Part I, Line 16

OFFICE 1807.

Form 990EZ, Part I, Line 16

BANK FEES 20.

Form 990EZ, Part I, Line 16

MEALS & MEETINGS 4167.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fellowship for persoanlized career development, panels, & networking.; Fellowship; Asad Javed: 406 Alandele Avenue, Los Angeles, CA, 90036; Student, 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Fellowship for persoanlized career development, panels, & networking.; Fellowship; Fan Zhang: 1 River Ct, Apt 2905, Jersey City, NJ, 07310; Student, 500.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/TaxYr02023

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