DIAMOND DEALERS CLUB INC (EIN 130632945) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1931

Legal Domicile

Principal Officer

ELLIOT KRISCHER

Phone

2128699777

Tax Period

2024-01-01 to 2024-12-31

DIAMOND DEALERS CLUB INC, founded in 1931, is a small nonprofit that reported $311K in total revenue in fiscal year 2024. Net assets of $5.8M represent 222 months of operating reserves.

Mission

DIAMOND INDUSTRY TRADE ASSOCIATION

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $272,197

Program Service Revenue $0

Investment Income $39,167

Other Revenue $0

TOTAL REVENUE $311,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,786

Fundraising Expenses $0

Program Expenses $6,311

Other Expenses $192,130

TOTAL EXPENSES $333,916

Year-over-Year Comparison

	2024	2023	Change
Revenue	$311,364	$309,267	+0.0%
Expenses	$333,916	$340,594	0.0%
Net Income	$-22,552	$-31,327	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
SUSHIL GOYAL	Secretary	Officer Director	$0	$0	$0
ROBERT MOSKOVITZ	Vice President	Officer Director	$0	$0	$0
MICHAEL STEINMETZ	Director	Director	$0	$0	$0
ELLIOT KRISCHER	President	Officer Director	$0	$0	$0
HAIM AHARONOFF	Director	Director	$0	$0	$0
ELIE EDALATI	Director	Director	$0	$0	$0
ISHAY BEN-DAVID	Director	Director	$0	$0	$0
YEKUTIEL DAVIDOV	Director	Director	$0	$0	$0
ELI ISSER FRUCHTER	Director	Director	$0	$0	$0
RAVI JARGAD	Director	Director	$0	$0	$0
ISRAEL KORNBLUH	Director	Director	$0	$0	$0
SANJEEV JAIN	Director	Director	$0	$0	$0
STUART SAMUELS	Treasurer	Officer Director	$0	$0	$0
SUDHEN MEHTA	Director	Director	$0	$0	$0
SOLOMON COHEN	Director	Director	$0	$0	$0
ABRAHAM FASTAG	Director	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$311,364	$333,916	$5,991,984	$-22,552
2023	$309,267	$340,594	$6,014,536	$-31,327
2022	$603,560	$367,706	$6,052,914	$235,854
2021	$374,265	$365,045	$5,991,700	$9,220
2020	$309,848	$377,633	$5,895,255	$-67,785
2019	$465,966	$314,927	$5,718,725	$151,039
2018	$339,820	$324,321	$5,567,686	$15,499

DIAMOND DEALERS CLUB INC