Diversity Advancement Alliance Group

EIN: 814175277 501(c)(3) Community Improvement

Ladson, SC

Total Revenue
$322,092
Total Expenses
$151,895
Total Assets
$170,197
Net Assets
$170,197
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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
2017
Legal Domicile
SC
Principal Officer
Jereatha Miranda Nichols
Phone
8436972055
Tax Period
2020-07-01 to 2021-06-30

Diversity Advancement Alliance Group, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $322K in total revenue in fiscal year 2020. The organization ran a surplus of $170K, a strong 53% operating margin.

Mission

Our mission is to create business opportunities for small disadvantaged minority businesses and create relationships between the corporate members and small businesses. The final result is to add economic value to the diversity supply chain while increasing monetary opportunities for the small business community.

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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 (2020)

Revenue Breakdown

Contributions & Grants $322,092
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $322,092

Expense Breakdown

Grants Paid $12,018
Salaries & Benefits $6,579
Fundraising Expenses $0
Program Expenses $151,895
Other Expenses $133,298
TOTAL EXPENSES $151,895

Year-over-Year Comparison

2020 2019 Change
Revenue $322,092 N/A N/A
Expenses $151,895 N/A N/A
Net Income $170,197 N/A N/A
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
2
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jereatha Miranda Nichols President & CEO 0.00
Officer
$0 $0 $0
Tarji Gattison CFO 0.00
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
2021 $322,092 $151,895 $170,197 $170,197
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