Civic Intelligence

Diverso Coalition Inc

990EZ • Fiscal year 2023 • EIN 86-1261831

Jan 01, 2023 to Jun 30, 2023 • Filed on Apr 30, 2024

Organization Profilewww.dvrso.org
3651 South Brea AveLos Angeles, CA 90016

(917) 669-0588

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

25th percentile

-12%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

39th percentile

-4.8%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

9th percentile

-57%

Faster revenue growth than 9% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$95,303

Down $4,811 (-4.8%) from 2022

Net Assets

Down

$95,303

Down $4,811 (-4.8%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin25th percentile

Revenue

Down

$39,857

Down $52,191 (-57%) from 2022

Expenses

Down

$44,668

Down $58,653 (-57%) from 2022

Net Income

Up

-$4,811

Up $6,462 (+57%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2023

Assets$95,303
Liabilities-
Net Assets$95,303
Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$39,857
Expenses$44,668
Net Income-$4,811
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Jun 30, 2023
Signed
Apr 30, 2024
Return Version
2023v5.0
Gross Receipts
$39,857
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
The Diverso Opportunity Grants were paid to 2 Diverso fellows, The money was used by all of them to help them get toa finished short film. Approximately 30 donors served$35,000$3,000
Compensation and Service Providers
Top Officer Pay78th percentile

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
3651 SOUTH BREA AVE, LOS ANGELES, CA 90016

Signing Officer

Name
Frankie Li
Title
President
Phone
9176690588
Signed
2024-04-30
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; Thomas Park: 565 E Meadow Dr, Palo Alto, CA, 94306; Student, 1500.”

Form 990EZ, Part I, Line 10

“Fellowship for persoanlized career development, panels, & networking.; Fellowship; Munir Atalla: 172 Wilson Ave, ,Brooklyn, NY, 11237; Student, 1500.”

Form 990EZ, Part I, Line 16

“INSURANCE 993.”

Form 990EZ, Part I, Line 16

“OFFICE 1589.”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS 309.”

Raw XML Appendix186 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fellowship for persoanlized career development, panels, & networking.; Fellowship; Thomas Park: 565 E Meadow Dr, Palo Alto, CA, 94306; Student, 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Fellowship for persoanlized career development, panels, & networking.; Fellowship; Munir Atalla: 172 Wilson Ave, ,Brooklyn, NY, 11237; Student, 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 993.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE 1589.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISCELLANEOUS 309.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/PhoneNum09176690588
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ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dale G Sloss
ReturnHeader/ReturnTs02024-05-15T17:27:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRANKIE
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$95,303
Liabilities
-
Net assets
$95,303
Revenue
$39,857
Expenses
$44,668
Net income
-$4,811
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.68$0.68$0.57$0.84$0.27
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.95$0.40$0.45$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.00$1.00$0.92$1.03$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.11$1.11$1.23$0.12$1.11