Texas Diversity Council
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Events, networking and scholarships to enhance appreciation for and understanding of the values of diversity and inclusion.
- Income
- $354,062
- Spending
- $477,183
- Spent on programs
- 72%
- Reserves
- 3.3 months of spending
- Largest source of income
- donations and private grants, 80%
- Employees
- 8
- Volunteers
- 23
- Highest pay
- $95,125, cfo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 37 out of 100. Higher than 8% of charities in its peer group (education, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 3.3 months of spending.
Debt
2 of 20It owes 76% of what it owns.
Living within its means
0 of 15Spending exceeded income by 35% of income.
Income trend
0 of 15Income fell 50% on the year before.
Spending floor
15 of 1572% of spending went to programs and raising each dollar of donations cost 12 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 57 out of 100. Higher than 31% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (11)
- $30,559 spent. Women in Leadership Symposium - educate and grow discussions with women in leadership positions to enhance and initiate diversity within their company or professions.
- $13,781 spent. Rice Youth Program - This week-long program is held on the campus of Rice University and engages students from Houston area kigh schools. The program provides life lessons and college readiness activities, which will equip students to have a successful transition into college and through graduation. Included in the week-long session are information and presentations on: writing workshops, SAT/ACT prep, speakers from various industries, financial aid, scholarship and the College Admissions process, leadership skills and much more.
- $13,449 spent. Summits - various topics within the diversity and inclusion space for enhancement, diversity training and open discussion.
- Webinars to assist in diversity initiatives.
- $1,347 spent. Young Women in Leadership
- $282,592 spent. Payroll and payroll costs allocated to programs.
- Expenses: $0.00 including grants of: $0.00 Revenue: $199.00
- Webinars to assist in diversity initiatives.
- Expenses: $1347.00 including grants of: $0.00 Revenue: $0.00
- Expenses: $282592.00 including grants of: $0.00 Revenue: $0.00
- Payroll and payroll costs allocated to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.