Diversity Placement Services Inc (EIN 461876630) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Phone

4175295011

Tax Period

2023-01-01 to 2023-12-31

Diversity Placement Services Inc, founded in 2013, is a small nonprofit in the Unknown sector that reported $653K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $845K exceeded revenue, resulting in a 29% operating deficit.

Mission

To empower people with disabilities in finding and maintaining competitive employment.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $653,113

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $653,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $703,616

Fundraising Expenses $0

Program Expenses $844,930

Other Expenses $141,314

TOTAL EXPENSES $844,930

Year-over-Year Comparison

	2023	2022	Change
Revenue	$653,113	$1,095,629	-0.4%
Expenses	$844,930	$1,029,294	-0.2%
Net Income	$-191,817	$66,335	-3.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$287,149

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Derell Grimm	President	40.00	Officer	$150,000	$0	$150,000
Patsy Seele	Vice President	40.00	Officer	$137,149	$0	$137,149
Tabitha Woodruff	Treasurer	0.00	Director	$0	$0	$0
Frank Harvey	Secretary	0.00	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
2023	$653,113	$844,930	$576,202	$-191,817
2022	$1,095,629	$1,029,294	$835,548	$66,335
2021	$901,984	$1,036,615	$790,031	$-134,631
2020	$986,636	$855,376	$950,334	$131,260
2019	$939,776	$974,116	$844,383	$-34,340
2018	$993,881	$1,120,754	$881,006	$-126,873

Diversity Placement Services Inc