117 Diamond EIN 82-2005382 Form 990 (PDF) Claim this org

117 Diamond

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Form 990 for the fiscal year ending December 2021 (IRS tax year 2021).


Supports a school by raising funds for student tuition, teacher development, and classroom supplies. For fiscal year 2021 it reported $0 in revenue, $77K in expenses.Pt I

Type
Unknown exempt organization · Nonprofit
Location
San Francisco, CA
Filings
2 on file (2020–2021)
Revenue
$0FY2021
Expenses
$77K
Net assets
$0
People
6
Filings
2
Updates
0
More identity details & actions ⌄
EIN  82-2005382 Unknown exempt organization San Francisco, CA
Form 990 (PDF)
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Size
<$100K
What they do
Supports a school by raising funds for student tuition, teacher development, and classroom supplies.
Leadership
Courtenay Brown · Chair
Money in and out
$0 revenue, $77K expenses
Bottom line
56% program spending
Reported financial activity · FY2021
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$77K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$77K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.44
Program spending
56%
of expenses reach programs▲ +30% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$0
FY2021▼ -100%
Expenses
$77K
FY2021▼ -76%
Total assets
$0
FY2021▼ -100%
Total liabilities
$0
FY2021
Revenue less expensesPt I · Ln 19−$77K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C117 Diamond
EINHdr · item D82-2005382
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $43K of program spending, described in the organization's own filed words · FY2021.
01

Support of la scuola international school

$43Kprogram expense

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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.44
Program services56%$43K
Management & general44%$34K
Total functional expensesLn 25$77K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $77K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $43K · Total expenses $77K
56%
Management & General
Management & general $34K · Total expenses $77K
44%
Fundraising
Fundraising $0 · Total expenses $77K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $32K
$0.16 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants — · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $77K
0%
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $57K
-100%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $77K
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Courtenay Brown · Reported title CHAIR · Highest reported compensation $0 · Total expenses $77K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $77K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 44%
Revenue growth -100%
Legal fee ratio 32%
Accounting fee ratio 12%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2019
Total grants receivedfrom 1 funder$10K
Grants paid · 3 grants · $183K · 2020–2021

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021$57K revenue · ⤓ 990 PDF
FY2020$117K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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