National Diversity Council
- Assets
- $1.5m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 55
- Location
- Dallas, TX
- Founding
- 02/2008
- Data as of
- 12/2023
- EIN
- 71-1037612
Organization Overview
National Diversity Council is located in Dallas, TX. The organization was established in 2008. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2023, National Diversity Council employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Diversity Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, National Diversity Council generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $6.4m during the year ending 12/2023. While expenses have increased by 18.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NATIONAL DIVERSITY COUNCIL IS TO BE BOTH A RESOURCE AND AN ADVOCATE FOR THE VALUE OF DIVERSITY, EQUITY AND INCLUSION. THE NDC SERVES AS THE UMBRELLA ORGANIZATION TO SUPPORT OUR STATEWIDE AND REGIONAL COUNCILS, WHICH FOSTER AN UNDERSTANDING OF DIVERSITY AND INCLUSION AS A DYNAMIC STRATEGY FOR BUSINESS SUCCESS AND COMMUNITY WELL-BEING THROUGH VARIOUS INITIATIVES.
Describe the Organization's Program Activity:
THROUGH MEMBERSHIPS WITH CORPORATE, GOVERNMENT, AND NONPROFIT PARTNERS AND ALSO INDIVIDUALS, NATIONAL DIVERSITY COUNCIL ADVANCES DIVERSITY, EQUITY AND INCLUSION THROUGH CERTIFICATIONS, CONSULTING, EDUCATIONAL EVENTS, AND RESOURCES. THE NDC CERTIFICATION PROGRAM PREPARES PROFESSIONALS TO LEAD SUCCESSFUL DIVERSITY, EQUITY, AND INCLUSION STRATEGIES FOR ORGANIZATIONAL EXCELLENCE AND INNOVATION IN TODAY'S GLOBAL LANDSCAPE. NDC UTILIZES DEI EXPERTS TO OFFER STRATEGIC SOLUTIONS TO DRIVE INNOVATION AND PROVIDE RESULTS TAILORED TO ORGANIZATIONAL NEEDS ACROSS ALL INDUSTRY SECTORS. NDC EVENTS AIM TO UNDERSCORE THE IMPORTANCE OF DIVERSITY, EQUITY, AND INCLUSION THROUGH IMPACTFUL CONTENT THAT FOCUSES ON VARIOUS GROUPS, IDENTITIES, INDUSTRIES, AND WORKPLACE BEST PRACTICES. EVENTS HELD IN MULTIPLE MARKETS INCLUDE WOMEN IN LEADERSHIP SUMMITS AND LGBTQ SUMMITS. EVENTS HELD AT A NATIONAL LEVEL INCLUDE BLACK MEN IN LEADERSHIP SUMMIT, LATINO LEADERSHIP CONFERENCE, VETERANS SUMMIT, AND DISABILITY INCLUSION SUMMIT.IN ADDITION, THE NDC EMERGING LEADERS INTERNSHIP PROGRAM IS A GROWING PROGRAM WHICH WAS INITIATED IN 2018 AND WHICH AIMS TO CONNECT UNDERREPRESENTED COLLEGE STUDENTS TO EMPLOYERS THAT VALUE AND PROMOTE DIVERSE, EQUITABLE, AND INCLUSIVE WORKPLACES. IN ADDITION TO COMPLETING THE EMPLOYER'S INTERSHIP TASKS, INTERNS ALSO PARTICIPATE IN DEI TRAINING SESSIONS, LEADERSHIP DEVELOPMENT SEMINARS, AND MEETINGS WITH FELLOW INTERNS AND MENTORS. THE NDC HAS HAD 33 INTERN GRADUATES TO DATE, MANY WHO HAVE RECEIVED INCREDIBLE EMPLOYMENT OPPORTUNITIES FOLLOWING THEIR TIME WITH THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Kennedy Director, Chair (thru 1/20/2023) | Trustee | 2 | $31,731 |
Laurie Chamberlin Secretary | OfficerTrustee | 2 | $0 |
Rodney Morris Director, Chair | Trustee | 4 | $0 |
Olakunle Arowolo Director | Trustee | 2 | $0 |
Nathaniel Bennett Director | Trustee | 2 | $0 |
Elizabeth Campbell Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Holland & Knight Legal Services | 12/30/23 | $619,677 |
Polsinelli Legal Services | 12/30/23 | $378,088 |
Armanino Llp Accounting Services | 12/30/23 | $131,120 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,509 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,509 |
| Total Program Service Revenue | $4,004,202 |
| Investment income | $29,576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,305 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,069,592 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $31,673 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $357,383 |
| Compensation of current officers, directors, key employees. | $135,506 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,175,906 |
| Pension plan accruals and contributions | $1,790 |
| Other employee benefits | $128,093 |
| Payroll taxes | $202,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $976,443 |
| Fees for services: Accounting | $159,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $863,111 |
| Advertising and promotion | $35,445 |
| Office expenses | $114,527 |
| Information technology | $199,630 |
| Royalties | $0 |
| Occupancy | $14,881 |
| Travel | $93,927 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $278,811 |
| Interest | $168 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,309 |
| All other expenses | $69,381 |
| Total functional expenses | $6,390,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $593,926 |
| Savings and temporary cash investments | $150,157 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $504,865 |
| Loans from Officers, Directors, or Controlling Persons | $185,776 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,312 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,458,036 |
| Accounts payable and accrued expenses | $321,953 |
| Grants payable | $0 |
| Deferred revenue | $1,138,346 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,460,299 |
| Net assets without donor restrictions | -$17,263 |
| Net assets with donor restrictions | $15,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,458,036 |