Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2005.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
72 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
13 people listed on the 990; $155K paid to officers and key staff.
Angeles M Valenciano’s $73K as CEO is at the 65th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Randolph D Kennedy | $13,000 | $201,668 | $291,235 | $351,113 | $247,687 |
| Angeles M Valenciano | $72,837 | $145,674 | $145,675 | — | — |
| Peter J Degroot | $69,317 | $138,634 | $138,635 | — | — |
| Angeles Valenciano | — | — | — | $133,349 | $123,124 |
| Peter Degroot | — | — | — | $123,152 | $112,561 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes diversity and inclusion through events, networking, and scholarships.
Questions for The Texas Diversity Council
Your first name shows with your question. The Texas Diversity Council answers here, for everyone.
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Women in Leadership Symposium
educate and grow discussions with women in leadership positions to enhance and initiate diversity within their company or professions.
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.
Summits
various topics within the diversity and inclusion space for enhancement, diversity training and open discussion.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $244K | $264K |
| Land, buildings, equipmentLn 10c | $4K | $3K |
| Total assetsLn 16 | $684K | $557K |
| LiabilitiesLn 26 | $428K | $425K |
| Net assetsLn 32 | $256K | $133K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $155K | $129K | $11K | $16K |
| Other salaries and wagesLn 7 | $117K | $97K | $8K | $12K |
| Other employee benefitsLn 9 | $43K | $35K | $3K | $4K |
| Payroll taxesLn 10 | $23K | $19K | $2K | $2K |
| Legal feesLn 11b | $7K | $7K | ||
| Accounting feesLn 11c | $7K | $7K | ||
| Other fees for servicesLn 11g | $77K | $61K | $16K | |
| Office expensesLn 13 | $1K | $1K | ||
| Information technologyLn 14 | $7K | $7K | ||
| TravelLn 17 | $3K | $3K | ||
| Depreciation, depletion and amortizationLn 22 | $1K | $1K | ||
| InsuranceLn 23 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $33K | $33K | ||
| Total functional expensesLn 25 | $477K | $342K | $102K | $34K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $354K | $477K | −$123K | $133K | 990 PDF |
| FY2023 | $710K | $878K | −$168K | $256K | 990 PDF |
| FY2022 | $1.0M | $1.1M | −$65K | $424K | 990 PDF |
| FY2021 | $1.3M | $984K | $361K | $431K | 990 PDF |
| FY2020 | $832K | $815K | $17K | $70K | 990 PDF |
| FY2019 | $1.1M | $989K | $65K | $53K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $354,062 revenue, 12 lines filed
Part VI · Governance 12 of 12 board members independent, 3 to look at
Part VIII · Statement of revenue $354,062 across 7 lines filed
Part IX · Statement of functional expenses $477,183 across 13 lines filed
Part X · Balance sheet $557,431 assets, 9 lines filed
Part XI · Reconciliation of net assets $132,861 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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