DIVERSITY COUNCIL

EIN: 411709139 501(c)(3)

ROCHESTER, MN

Total Revenue
$2,117
Total Expenses
$3,166
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MN
Principal Officer
JULIE HOBBS
Phone
5073986282
Tax Period
2024-01-01 to 2024-12-31

DIVERSITY COUNCIL is a 501(c)(3) with EIN 411709139, based in ROCHESTER, MN. Founded in 1992, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $2,117 in total revenue and $3,166 in total expenses.

Mission

EDUCATION TO EMBRACE DIVERSITY FOR BUILDING A HEALTHY, INCLUSIVE, AND PROSPEROUS COMMUNITY.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,117
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,117

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,922
Other Expenses $3,166
TOTAL EXPENSES $3,166

Year-over-Year Comparison

2024 2023 Change
Revenue $2,117 $158,803 -1.0%
Expenses $3,166 $123,039 -1.0%
Net Income $-1,049 $35,764 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
1

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE HOBBS DIRECTOR 0.50
Officer Director
$0 $0 $0
NICOLE SANDHU DIRECTOR 0.50
Officer Director
$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 $2,117 $3,166 No data $-1,049
2023 $158,803 $123,039 $14,954 $35,764
2022 $1,148,465 $1,287,747 $129,511 $-139,282
2021 $852,969 $832,924 $273,156 $20,045
2020 $602,644 $501,125 $202,229 $101,519
2019 $270,944 $300,023 $111,302 $-29,079
2018 $263,176 $275,670 $34,367 $-12,494
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