Diverse Journeys Inc
Diverse Journeys Inc shows consistent revenue growth and zero reported officer compensation, with a recent significant increase in liabilities.
EIN: 141938760 · Los Angeles, CA · NTEE: P20 · Updated: 2026-03-28
Is Diverse Journeys Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Diverse Journeys Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Diverse Journeys Inc
Diverse Journeys Inc (EIN: 141938760) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code P20. The organization reported total revenue of $6.0M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diverse Journeys Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Diverse Journeys Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.4M |
| Total Expenses | $6.0M |
| Surplus / Deficit | +$377K |
| Total Assets | $4.7M |
| Total Liabilities | $2.4M |
| Net Assets | $2.2M |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 52.2% |
| Months of Reserves | 9.3 months |
Financial Health Grade: A
In 2023, Diverse Journeys Inc reported a surplus of $377K with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 52.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Diverse Journeys Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | +11.2% | +132.7% |
| 2022 | +1.6% | +4.7% | +10.5% |
| 2021 | +10.9% | +4.6% | +14.0% |
| 2020 | +3.0% | +5.5% | +3.3% |
| 2019 | +5.7% | +2.1% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Diverse Journeys Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Diverse Journeys Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $377K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.2%.
Executive Compensation Analysis
Diverse Journeys Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $6 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within their financial statements, requiring further clarification for complete understanding.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Diverse Journeys Inc's IRS 990 filings:
- Significant increase in liabilities from $151,865 in 2022 to $2,433,501 in 2023 without immediate explanation.
- Lack of detailed functional expense breakdown in provided data, hindering precise spending efficiency analysis.
- Consistent 0% officer compensation, which is highly unusual for an organization of this size and could indicate reporting complexities or a unique operational model that warrants further inquiry.
Strengths
The following positive indicators were identified for Diverse Journeys Inc:
- Consistent revenue growth over the past decade, from $2.9 million in 2014 to $6.3 million in 2023.
- Positive net income (revenue exceeding expenses) in most recent years, indicating financial stability.
- Strong asset growth, increasing from $1.4 million in 2014 to $4.6 million in 2023.
- High transparency regarding officer compensation, reporting 0% across all filings.
Frequently Asked Questions about Diverse Journeys Inc
Is Diverse Journeys Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Diverse Journeys Inc (EIN: 141938760) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Diverse Journeys Inc spend its money?
Diverse Journeys Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Diverse Journeys Inc tax-deductible?
Diverse Journeys Inc is registered as a tax-exempt nonprofit (EIN: 141938760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in liabilities from $151,865 in 2022 to $2,433,501 in 2023?
The provided data does not specify the nature of this increase. It could be due to new debt, deferred revenue, or other obligations, and would require reviewing the full IRS 990 form for detailed balance sheet information.
How does Diverse Journeys Inc manage to operate with 0% reported officer compensation?
This could indicate a volunteer-led executive team, or that compensation for key management personnel is reported under different expense categories (e.g., program staff salaries if executives also perform program duties) or through a related organization. Further investigation into their operational model and full 990 filings would be necessary.
What is the detailed functional expense breakdown for program, administrative, and fundraising costs?
The provided summary data does not include a detailed functional expense breakdown. To assess spending efficiency accurately, this information would be crucial and is typically found in Part IX of the IRS Form 990.
What is the organization's strategy for managing its growing asset base?
With assets growing from $1.4 million in 2014 to $4.6 million in 2023, understanding their investment strategy or how these assets are utilized to further their mission would provide insight into their long-term financial planning.
Filing History
IRS 990 filing history for Diverse Journeys Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Diverse Journeys Inc's revenue has grown by 137.2%, moving from $2.7M to $6.4M. Total assets increased by 298.6% over the same period, from $1.2M to $4.7M. Total functional expenses rose by 138.9%, from $2.5M to $6.0M. In its most recent filing year (2023), Diverse Journeys Inc reported a surplus of $377K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $4.7M in assets (debt-to-asset ratio: 52.2%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $6.0M | $4.7M | $2.4M | — | — |
| 2022 | $5.6M | $5.4M | $2.0M | $152K | — | View 990 |
| 2021 | $5.5M | $5.2M | $1.8M | $165K | — | — |
| 2020 | $5.0M | $4.9M | $1.6M | $302K | — | View 990 |
| 2019 | $4.8M | $4.7M | $1.5M | $301K | — | View 990 |
| 2018 | $4.6M | $4.6M | $1.4M | $200K | — | View 990 |
| 2017 | $4.4M | $4.5M | $1.4M | $210K | — | View 990 |
| 2016 | $3.9M | $3.9M | $1.5M | $234K | — | View 990 |
| 2015 | $3.3M | $3.3M | $1.4M | $152K | — | View 990 |
| 2014 | $2.9M | $2.9M | $1.5M | $155K | — | View 990 |
| 2013 | $2.8M | $2.7M | $1.4M | $122K | — | View 990 |
| 2012 | $2.6M | $2.5M | $1.2M | $92K | — | View 990 |
| 2011 | $2.7M | $2.5M | $1.2M | $143K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $6.0M, and assets of $4.7M (revenue +13.9% year-over-year).
- 2022: Revenue of $5.6M, expenses of $5.4M, and assets of $2.0M (revenue +1.6% year-over-year).
- 2021: Revenue of $5.5M, expenses of $5.2M, and assets of $1.8M (revenue +10.9% year-over-year).
- 2020: Revenue of $5.0M, expenses of $4.9M, and assets of $1.6M (revenue +3.0% year-over-year).
- 2019: Revenue of $4.8M, expenses of $4.7M, and assets of $1.5M (revenue +5.7% year-over-year).
- 2018: Revenue of $4.6M, expenses of $4.6M, and assets of $1.4M (revenue +3.6% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.5M, and assets of $1.4M (revenue +12.9% year-over-year).
- 2016: Revenue of $3.9M, expenses of $3.9M, and assets of $1.5M (revenue +18.5% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.3M, and assets of $1.4M (revenue +13.6% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.9M, and assets of $1.5M (revenue +2.0% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.7M, and assets of $1.4M (revenue +11.4% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.5M, and assets of $1.2M (revenue -5.1% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.5M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Diverse Journeys Inc:
Data Sources and Methodology
This transparency report for Diverse Journeys Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.