DIVINC (EIN 813052133) - 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

2016

Legal Domicile

Principal Officer

PRESTON JAMES II

Phone

5129094499

Tax Period

2024-04-01 to 2025-03-31

DIVINC, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 39% operating deficit.

Mission

DIVINC SERVES AS A BRIDGE FOR UNDERREPRESENTED ENTREPRENEURS AND THE TECH STARTUP ECOSYSTEM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,316,558

Program Service Revenue $0

Investment Income $0

Other Revenue $2,730

TOTAL REVENUE $1,319,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $447,117

Fundraising Expenses $331,239

Program Expenses $1,227,067

Other Expenses $1,385,557

TOTAL EXPENSES $1,832,674

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,319,288	$2,142,950	-0.4%
Expenses	$1,832,674	$1,702,915	+0.1%
Net Income	$-513,386	$440,035	-2.2%

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

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

$115,440

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUAN THURMAN	TREASURER	1.00	Officer Director	$0	$0	$0
JOSH JONES-DILWORTH	CHAIR	1.00	Officer Director	$0	$0	$0
KATE WILLIAMS	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
KIMBAL SMITH	LEGAL	1.00	Officer Director	$0	$0	$0
MARK PHILLIP	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS HYAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE GOLDSMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
BRANDON MIDDLETON-PRATT	BOARD MEMBER	1.00	Director	$0	$0	$0
RAJIV BALA	BOARD MEMBER	1.00	Director	$0	$0	$0
MERCY WAKWEIKA	BOARD MEMBER	1.00	Director	$0	$0	$0
PRESTON JAMES II	CO-FOUNDER/CEO	1.00	Officer	$104,662	$10,778	$115,440
ASHLEY DEWALT	MANAGING DIRECTOR	40.00	Highest	$100,480	$117	$100,597

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
2025	$1,319,288	$1,832,674	$818,276	$-513,386
2024	$2,142,950	$1,702,915	$1,222,789	$440,035
2023	$1,379,462	$2,026,852	$940,413	$-647,390
2022	$2,296,391	$1,962,610	$1,242,173	$333,781
2021	$1,106,438	$577,433	$825,179	$529,005
2020	$285,228	$290,342	$186,388	$-5,114
2019	$246,379	$56,497	$198,428	$189,882

DIVINC