Diploma Equity Project
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION WORKS WITH K-12, HIGHER EDUCATION AND OTHER COMMUNITY PARTNERS TO DESIGN AND IMPLEMENT PROGRAMS TO IMPROVE RATES OF COLLEGE PERSISTENCE AND COMPLETION.
- Income
- $1.5 million
- Spending
- $1.3 million
- Spent on programs
- 94%
- Reserves
- 1.6 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 58% of charities in its peer group (education, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.6 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
15 of 15Income rose 59% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 92 out of 100. Higher than 60% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, 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 (1)
- $1.3 million spent. DIPLOMA EQUITY PROJECT DEP SUPPORTED A NUMBER OF INITIATIVES AIMED AT INCREASING THE COLLEGE COMPLETION RATES OF BOTH DETROITERS AND MICHIGANDERS IN SUPPORT OF THE STATES 60 HIGHER EDUCATION ATTAINMENT BY 2030 GOAL AS WELL AS CLOSING THE COMPLETION GAPS FOR STUDENTS BASED ON RACE, INCOME AND GEOGRAPHY. DEP FACILITATED PARTNERSHIPS WITH SEVEN MICHIGAN UNIVERSITIES AND COMMUNITY COLLEGES AIMED AT REDESIGNING THEIR EXISTING STUDENT SUPPORT SYSTEMS TO BETTER SERVE FIRST-GENERATION STUDENTS AND RETURNING ADULT LEARNERS. ADDITIONALLY, DEP CONTINUED ITS SUPPORT OF DEGREE FORWARD, A COMPETENCY-BASED DEGREE PROGRAM THROUGH SOUTHERN NEW HAMPSHIRE UNIVERSITY THAT PROVIDES A FAST, FLEXIBLE, AND ACCREDITED DEGREE PROGRAM FOR WORKING ADULTS AND PAIRS THE ONLINE PROGRAMMING WITH THE WRAP AROUND SUPPORTS ADULT STUDENTS NEED TO BE SUCCESSFUL LIKE CHILDCARE, TRANSPORTATION, AND SUCCESS COACHING.
Source: Form 990 for the year ending June 30, 2025, 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 October 13, 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 June 2025.
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 November 2021.
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 October 21, 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.