Overview
What is The Texas Diversity Council?
The Texas Diversity Council is a nonprofit organization situated in Houston, Texas, specifically at 2656 South Loop West, ZIP code 77054. Their primary mission is to foster appreciation and comprehension of diversity and inclusion values through various activities. This includes hosting summits for stimulating discussions and training sessions, organizing networking events, and providing scholarships. With a team of 14 dedicated individuals, they work tirelessly to promote an inclusive environment and break down barriers based on differences.
Official website here: www.txdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 35%
The Texas Diversity Council has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a low overall score largely due to missing critical financial documentation and policies, which affects its transparency and governance standards. Despite having a fully independent board, the absence of essential policies such as conflict of interest and whistleblower protections raises questions about its operational integrity.
There are notable strengths in the structure of the board, with 100% of members being independent, which is a positive indicator for governance. However, the organization has failed to demonstrate adequate financial transparency, as evidenced by the absence of financial statements and various required policies. This lack of compliance adversely impacts the organization’s accountability measures, which may deter potential donors.
Furthermore, the financial performance indicators show concerning metrics, such as a program expense ratio of only 30.46%, implying that a substantial portion of resources may not be directed towards its programs. This raises flags about the efficacy and impact of its initiatives. Stakeholders interested in supporting The Texas Diversity Council should consider these factors critically before making a contribution.
This AI summary has been generated from information found on Charity Navigator.
Is The Texas Diversity Council legitimate?
The Texas Diversity Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Texas Diversity Council submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $485,976
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,965
For more financial information, click here
Official website here: www.txdc.org
What is the mission statement of The Texas Diversity Council?
The mission of The Texas Diversity Council is centered around promoting diversity and inclusion. Through organizing events and scholarships, they aim to foster an appreciation for these values and enhance understanding among individuals. Their activities extend to diversity training summits and open discussions, serving as a platform for dialogue and learning.
Official website here: www.txdc.org
Who is the CEO of The Texas Diversity Council?
Angeles M Valenciano is the CEO of The Texas Diversity Council The CEO's salary of The Texas Diversity Council is $145,674 and their total compensation is $157,779.
Official website here: www.txdc.org
What is the revenue of The Texas Diversity Council?
The Texas Diversity Council's revenue in 2023 was $710,198.
Official website here: www.txdc.org
Who are the executives of The Texas Diversity Council and what are their salaries?
The average compensation at The Texas Diversity Council during 2023 was $63,216. There are 9 employees and 4 volunteers at The Texas Diversity Council.
Here are 23 key members and their salaries (The Texas Diversity Council's CEO's salary is $145,674 and their total compensation is $157,779):
- Compensation: $201,668
- Related: $0
- Other: $6,206
- Compensation: $138,634
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- Other: $19,165
- Compensation: $145,674
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- Other: $12,105
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Official website here: www.txdc.org
Where can I find the form 990 for The Texas Diversity Council?
The Texas Diversity Council's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.txdc.org
Learn more at the official website: www.txdc.org
Mission Statement of The Texas Diversity Council
The Texas Diversity Council, as a nonprofit organization, is dedicated to promoting appreciation and comprehension of diversity and inclusion values. Through its mission, it focuses on organizing events, fostering networking opportunities, and providing scholarships. The primary goal is to encourage a deeper understanding and appreciation of the significance of diversity and inclusion in various aspects of life. The council achieves this objective by hosting summits, offering diversity training, and facilitating open discussions. These activities aim to break down barriers, promote inclusivity, and foster a more harmonious and inclusive society.
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Impact
July, 2024
The Texas Diversity Council's impact is significant in fostering appreciation for diversity and inclusion through events, networking opportunities, and scholarships. They host summits and provide diversity training to promote open discussions and enhance understanding of these values. Through their efforts, they contribute to the education and awareness surrounding diversity in Houston, TX.
This information is meant to be a general summary of The Texas Diversity Council. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,775
- Program Service Revenue: $95,528
- Gross Receipts: $710,198
Assets and Liabilities:
- Total Assets: $926,199
- Total Liabilities: $494,929
- Net Assets: $431,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Diversity Luncheon
Revenue
$21,625
Rice Youth Program
Revenue
$5,000
Summits
Revenue
-$548
Women in Leadership
Revenue
$69,451
Organization Details
Founding Year
2004
Principal Officer
Jason Degroot
Website
www.txdc.orgNTEE Category
Code: B99 - Education
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