TWIN CITIES DIVERSITY IN PRACTICE

EIN: 203010154 Community Improvement

MINNEAPOLIS, MN

Total Revenue
$810,211
Total Expenses
$695,934
Total Assets
$891,047
Net Assets
$653,977
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MN
Principal Officer
SUMMRA M SHARIFF
Phone
6124403346
Tax Period
2023-01-01 to 2023-12-31

TWIN CITIES DIVERSITY IN PRACTICE, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $810K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $696K left a modest 14% surplus.

Mission

TO ATTRACT, RECRUIT, ADVANCE, AND RETAIN ATTORNEYS OF COLOR IN THE TWIN CITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,300
Program Service Revenue $793,722
Investment Income $4,189
Other Revenue $0
TOTAL REVENUE $810,211

Expense Breakdown

Grants Paid $153,090
Salaries & Benefits $371,371
Fundraising Expenses $0
Other Expenses $171,473
TOTAL EXPENSES $695,934

Year-over-Year Comparison

2023 2022 Change
Revenue $810,211 $647,710 +0.3%
Expenses $695,934 $559,625 +0.2%
Net Income $114,277 $88,085 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
29
Independent Members
29
Employees
6
Volunteers
125

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$227,221
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELITA HERNANDEZ BOARD CO-CHAIR 1.50
Officer Director
$0 $0 $0
LICA TOMIZUKA BOARD CO-CHAIR 1.50
Officer Director
$0 $0 $0
CARYN BOISEN DIRECTOR 1.00
Director
$0 $0 $0
GRETCHEN CEPEK DIRECTOR 1.00
Director
$0 $0 $0
NEERA CHATTERJEE DIRECTOR 1.00
Director
$0 $0 $0
DAVID CROSBY DIRECTOR 1.00
Director
$0 $0 $0
ROSS DEMANUELE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN DILLON DIRECTOR 1.00
Director
$0 $0 $0
YEN FLORCZAK DIRECTOR 1.00
Director
$0 $0 $0
VICTORIA JACOBSON BRENNER DIRECTOR 1.00
Director
$0 $0 $0
GINA KASTEL DIRECTOR 1.00
Director
$0 $0 $0
LUCAS KASTER DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH KNIFFEN DIRECTOR 1.00
Director
$0 $0 $0
SONIA MILLER-VAN OORT DIRECTOR 1.00
Director
$0 $0 $0
ADAM NATHE DIRECTOR 1.00
Director
$0 $0 $0
CANDY OLSON DIRECTOR 1.00
Director
$0 $0 $0
TOM PACK DIRECTOR 1.00
Director
$0 $0 $0
CHRIS PHAM DIRECTOR 1.00
Director
$0 $0 $0
ROSHAN RAJKUMAR DIRECTOR 1.00
Director
$0 $0 $0
ANNA RICHO DIRECTOR 1.00
Director
$0 $0 $0
KARLA ROBERTSON DIRECTOR 1.00
Director
$0 $0 $0
STEVEN SCHUMEISTER DIRECTOR 1.00
Director
$0 $0 $0
MATT STENNES DIRECTOR 1.00
Director
$0 $0 $0
BILL STOERI DIRECTOR 1.00
Director
$0 $0 $0
AMY TABER DIRECTOR 1.00
Director
$0 $0 $0
UGO UKABAM DIRECTOR 1.00
Director
$0 $0 $0
BRANDON VAUGHN DIRECTOR 1.00
Director
$0 $0 $0
LEITA WALKER DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN WEINBERG DIRECTOR 1.00
Director
$0 $0 $0
SUMMRA M SHARIFF EXECUTIVE DIRECTOR AND PRESIDENT 40.00
Officer
$211,157 $16,064 $227,221
NAVITA LAKHRAM ELG GROUP CO-CHAIR 1.50
Officer
$0 $0 $0
JEREMIAH ALLISON ELG CO-CHAIR 1.50
Officer
$0 $0 $0
ARIELLE WAGNER TREASURER 1.50
Officer
$0 $0 $0
ASHLEY BROSIUS TREASURER 1.50
Officer
$0 $0 $0
DEMETRIA DYER SECRETARY 1.50
Officer
$0 $0 $0
SEQUOIA BUTLER ASSISTANT SECRETARY 1.50
Officer
$0 $0 $0
ROGER MALDONADO ASSISTANT SECRETARY 1.50
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $810,211 $695,934 $891,047 $114,277
2022 $647,710 $559,625 $770,533 $88,085
2021 $485,612 $481,301 $683,010 $4,311
2020 $502,492 $483,641 $568,648 $18,851
2019 $453,902 $441,147 $445,875 $12,755
2018 $429,399 $383,937 $451,973 $45,462
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