Diversify Retail Inc
- Assets
- $153.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tucker, GA
- Founding
- Data as of
- 12/2022
- EIN
- 85-2437992
Organization Overview
Diversify Retail Inc is located in Tucker, GA. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diversify Retail Inc 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 12/2022, Diversify Retail Inc generated $79.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $85.6k during the year ending 12/2022. While expenses have increased by 17.9% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE HAVE JOINED FORCES WITH RETAIL PROFESSIONALS TO BRING AWARENESS TO BIPOC (BLACK, INDIGENOUS, PEOPLE OF COLOR) BRANDS AND RETAILERS AND TO EMPOWER AND EQUIP THOSE BUSINESSES WITH THE TOOLS AND STRATEGIES NEEDED TO EXCEL AND BUILD A LONG-TERM, LEGACY-BUILDING BUSINESS FOR THEMSELVES AND THEIR FAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jade Sykes Chief Executive Officer | 15 | $31,650 | |
Deanna Mcintosh Executive Director | 15 | $28,750 | |
Jekennia Ramos Secretary | 5 | $0 | |
Willie Dorsey Treasurer | 5 | $0 | |
Carlene Welsh President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,650 |
| Total Program Service Revenue | $77,678 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,328 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,937 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $118 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,546 |
| Total expenses | $85,601 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153 |
| Other assets | $0 |
| Total assets | $153 |
| Total liabilities | $0 |
| Net assets or fund balances | $153 |