117 Diamond FY2021 filing

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EIN 82-2005382 Unknown exempt organization San Francisco, CA
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2021
Revenue
$57K
FY2021▼ -51%
Expenses
$325K
FY2021▲ +39%

Form 990 for the fiscal year ending June 2021 (IRS tax year 2020).


Supports a school by raising funds for student tuition, teacher development, and classroom supplies. For fiscal year 2021 it reported $57K in revenue, $325K in expenses, and $77K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
San Francisco, CA
Filings
2 on file (2020–2021)
Revenue
$57KFY2021
Expenses
$325K
Net assets
$77K
People
12
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Provided by the organization

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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
$57K revenue, $325K expenses
Bottom line
-466% surplus margin

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

NEUTRAL

Not on file

IRS deductibility code is not on file for this EIN. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

CRITICAL

No filing since FY2021 — 5 yrs

Most recent Form 990 on file is for fiscal year 2021 (5 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Fidelity Investments Charitable Gift Fund

1 distinct foundation funder(s) on file, $10K received in the most recent year with grants. See detail →

How is the money spent?

CRITICAL

41% to programs

41% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

<$100K · ↓ -51% vs prior year

Revenue band <$100K, -51% versus the prior filing year (down). See detail →

Reported financial activity · FY2021
Total revenue
$57K
Pt VIII · Ln 12
Total expenses
$325K
Pt IX · Ln 25
Net assets
$77K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$267K
Where spending went · Part IX cols B–D
Program services $0.41 Management & general $0.59
Surplus margin
-466%
revenue over expenses, this year
Program spending
43%
of expenses reach programs

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Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$77K
FY2021▼ -78%
Total liabilities
$2K
FY2021▼ -100%
Revenue less expensesPt I · Ln 19−$267K
Total assetsPt X · Ln 16$77K
Program-expense ratioPt IX · col B41%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · 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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$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
$0Pt VII · Sec A
$0Pt VII · Sec A
See 117 Diamond executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $266K of program spending, described in the organization's own filed words · FY2020.
01

Support of la scuola international school

$133Kprogram expense
02

Support of la scuola international school

$133Kprogram expense

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Statement of Revenue

Part VIII
Other revenue100%$57K
Total revenueLn 12$57K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.41 Management & general $0.59
Program services41%$133K
Management & general59%$192K
Total functional expensesLn 25$325K

Balance Sheet

Part X · end of year
CashLn 1$41K
Total assetsLn 16$77K
Total liabilitiesLn 26$2K
Total net assetsLn 32$77K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $41K · Operating expenses/yr $325K
1.5 months
Where the money goes
Program services
Program services $133K · Total expenses $310K
43%
Management & General
Management & general $177K · Total expenses $310K
57%
Fundraising
Fundraising $0 · Total expenses $310K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $8K · Solicited contributions (2-yr avg) $48K
$0.16 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $57K
0%
Government reliance
Government grants — · Total revenue $57K
—
Earned-income share
Program service revenue $0 · Total revenue $57K
0%
Investment reliance
Investment income $0 · Total revenue $57K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $325K
0%
Growth & trend
Revenue growth (YoY)
This year $57K · Prior year $117K
-51%
Net-asset trend (YoY)
End of year $77K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $57K · Expenses $325K
-466%
Liabilities-to-Assets
Total liabilities — · Total assets $77K
—
Net-asset ratio
Net assets $77K · Total assets $77K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $77K
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 $325K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $325K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 41%——
Overhead ratio 59%——
Revenue growth -51%——
Accounting fee ratio 2%——

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 · viewing · ⤓ 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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