Diversity & Innovation Institute Inc
Only null% goes to programs Thin reserves Growing revenue
Diversity & Innovation Institute Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 2012, with $598,260 in FY2024 revenue. CharityIndex grades it D.
9100 Purdue Rd Ste 410, Indianapolis, IN, 46268 EIN 45-2836061 Since 2012
Revenue (FY2024)
$598K
▼ 47.4% vs prior year
Education median: $200K
Expenses (FY2024)
$807K
Net assets
$49K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Diversity & Innovation Institute Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating1 mo reserves · -35% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Diversity & Innovation Institute Inc: 1 mo reserves · -35% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Diversity & Innovation Institute Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Diversity & Innovation Institute Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 9100 Purdue Rd Ste 410, Indianapolis, IN, 46268
- City
- Indianapolis
- State
- Indiana
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue grew from $97K (FY2016) to $598K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $504KNet assets $49K
Operating margin
-34.9%
Spent more than it raised in the latest fiscal year.
Total assets
$552K
Total liabilities
$504K
Net assets
$49K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $598,260▼47.4% | $807,320▲44.3% | $48,575▼86.9% | $552,083▼37.7% | 990 |
| 2023 | $1,136,621▲229% | $559,647▲22.5% | $370,766▲280% | $886,752▲190% | 990 |
| 2022 | $345,135▲12.3% | $456,875▼10.0% | -$206,208▼118% | $305,550▼28.6% | 990 |
| 2021 | $307,339▼31.2% | $507,774▼19.9% | -$94,468▼189% | $427,938▲58.8% | 990 |
| 2020 | $446,756▼46.5% | $633,674▼1.2% | $105,967▼63.8% | $269,414▼21.4% | 990 |
| 2019 | $835,235▲22.5% | $641,470▼7.8% | $292,885▲195% | $342,645▲232% | 990 |
| 2018 | $681,635▼51.2% | $696,011▼48.3% | $99,120▼12.7% | $103,312▼10.0% | 990 |
| 2017 | $1,397,974▲1336% | $1,346,187▲1579% | $113,496▲29.9% | $114,728▲31.3% | 990 |
| 2016 | $97,339 | $80,181 | $87,391 | $87,391 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $18K total
2 grants to Diversity & Innovation Institute Inc totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Strada Education Foundation Inc | Operating grant | 2015 | $10,000 |
| Northwestern Memorial Healthcare | Operating support | 2014 | $7,500 |
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Frequently asked questions
- Is Diversity & Innovation Institute Inc a legitimate nonprofit?
- Yes. Diversity & Innovation Institute Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-2836061, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Diversity & Innovation Institute Inc's EIN?
- Diversity & Innovation Institute Inc's Employer Identification Number (EIN) is 45-2836061.
- How much revenue does Diversity & Innovation Institute Inc report?
- Diversity & Innovation Institute Inc reported $598,260 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Diversity & Innovation Institute Inc have?
- CharityIndex grades Diversity & Innovation Institute Inc D, based on financial health (reserves and operating margin).
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Explore more
Data for Diversity & Innovation Institute Inc (EIN 45-2836061) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.