DIAMOND MERCHANTS BENEVOLENT ASSOCIATION (EIN 132968366) - 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

1955

Legal Domicile

Principal Officer

AARON LANDAU

Phone

2127903600

Tax Period

2024-01-01 to 2024-12-31

DIAMOND MERCHANTS BENEVOLENT ASSOCIATION, founded in 1955, is a micro nonprofit that reported $35K in total revenue in fiscal year 2024. Expenses of $40K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO VOLUNTARILY ASSIST NEEDY FAMILIES OF THE DIAMOND DEALERS CLUB MEMBERS WHO ARE IN NEED

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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 $31,344

Program Service Revenue $0

Investment Income $3,715

Other Revenue $0

TOTAL REVENUE $35,059

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,500

Other Expenses $2,704

TOTAL EXPENSES $40,204

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,059	$35,877	0.0%
Expenses	$40,204	$41,204	0.0%
Net Income	$-5,145	$-5,327	0.0%

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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZVI STEINBERG	BOARD DIRECTOR	0.00	Director	$0	$0	$0
ABRAHAM LIEBERMAN	BOARD DIRECTOR	0.00	Director	$0	$0	$0
SIMCHA GINSBERG	BOARD DIRECTOR	0.00	Director	$0	$0	$0
YOSSI GRIFFEL	BOARD DIRECTOR	0.00	Director	$0	$0	$0
AARON LANDAU	SECRETARY	6.00	Officer Director	$0	$0	$0
MORRIS ZWIEBEL	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
ELY ROSENFELD	TREASURER	0.00	Officer 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	$35,059	$40,204	$899,579	$-5,145
2023	$35,877	$41,204	$904,724	$-5,327
2022	$38,409	$19,204	$910,051	$19,205
2021	$39,761	$17,704	$890,846	$22,057
2020	$37,924	$49,704	$868,789	$-11,780
2019	$42,156	$35,764	$880,569	$6,392
2018	$49,053	$65,374	$874,177	$-16,321

DIAMOND MERCHANTS BENEVOLENT ASSOCIATION