NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INVESTMENT DIVERSITY ADVISORY COUNCIL INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $763K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $326K, a strong 43% operating margin.
INVESTMENT DIVERSITY ADVISORY COUNCIL (IDAC) WAS LAUNCHED IN FEBRUARY 2020 AS AN INDEPENDENTLY OPERATING FORUM FOR INVESTMENT ORGANIZATIONS TO SHARE BEST PRACTICES AND DOCUMENT PROGRESS ON DIVERSITY, EQUITY AND INCLUSION IN THE ASSET MANAGEMENT INDUSTRY. IDAC'S MISSION IS TO BRING TOGETHER LIKE-MINDED ASSET ALLOCATORS, ASSET MANAGERS, ADVOCACY GROUPS, PROFESSIONAL SOCIETIES AND ACADEMICS COMMITTED TO TAKING PRACTICAL STEPS TO FULLY ENGAGE THE BEST TALENT FROM ALL SOURCES TO MEET OUR STAKEHOLDER OBJECTIVES; TO PROMOTE TRANSPARENCY, STRUCTURE STANDARDS AND PRACTICAL STEPS THAT CAN DRIVE THE INTEGRATION OF DEI THROUGHOUT OUR INDUSTRY; AND TO SHARE BEST PRACTICES, CASE STUDIES, AND IMPLEMENTATION ROADMAPS ILLUSTRATING DIFFERENT PATHS TO SUCCESS AND EXAMPLES FOR OVERCOMING CHALLENGES ALONG THE WAY.
DURING 2023 THE ORGANIZATION HELD THE IDAC GLOBAL SUMMIT IN CHICAGO WHERE WE BROUGHT TOGETHER MORE THAN 350 LEADERS IN OUR INDUSTRY TO DISCUSS THE DIVERSITY CHALLENGES OF THE TIME.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $762,628 | $521,990 | +0.5% |
| Expenses | $436,799 | $242,031 | +0.8% |
| Net Income | $325,829 | $279,959 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SAM AUSTIN | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BILL BRAXTON | CO-VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| REGINALD SCANTLEBURY | CO-VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOE BLAIR | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHANIE ROBERTS | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEX WIGGINS | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ANGELA MILLER-MAY | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ANGELA OLDEN | BOARD MEMBER (THROUGH 11/2023) | 5.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH GALLEGOS | BOARD MEMBER (THROUGH 11/2023) | 5.00 |
Director
|
$0 | $0 | $0 |
| ERICA SEREMETA | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| GABRIEL RODRIGUEZ | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN GLIDDEN | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| LAUREN MATHIAS | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MACHEL ALLEN | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MINA PACHECO NAZEMI | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| SAMANTHA GRANT | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| TERI NOBLE | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $762,628 | $436,799 | $608,388 | $325,829 |
Compare INVESTMENT DIVERSITY ADVISORY COUNCIL INC with other nonprofits in New York and across the country.