DIAMOND EMPOWERMENT FUND INC

EIN: 205967103 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$826,567
Total Expenses
$844,010
Total Assets
$601,415
Net Assets
$466,991
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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
2006
Legal Domicile
DE
Principal Officer
DAVID BONAPARTE
Phone
2123594219
Tax Period
2023-01-01 to 2023-12-31

DIAMOND EMPOWERMENT FUND INC, founded in 2006, is a small nonprofit in the International Affairs sector that reported $827K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

TO SUPPORT INITIATIVES THAT DEVELOP AND EMPOWER PEOPLE IN DIAMOND COMMUNITIES WORLDWIDE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $777,669
Program Service Revenue $48,898
Investment Income $0
Other Revenue $0
TOTAL REVENUE $826,567

Expense Breakdown

Grants Paid $309,131
Salaries & Benefits $296,163
Fundraising Expenses $254,302
Program Expenses $498,394
Other Expenses $238,716
TOTAL EXPENSES $844,010

Year-over-Year Comparison

2023 2022 Change
Revenue $826,567 $612,339 +0.3%
Expenses $844,010 $774,996 +0.1%
Net Income $-17,443 $-162,657 -0.9%
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

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Governance

Voting Members
31
Independent Members
31
Employees
2
Volunteers
43

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
5
$197,376
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNA MARTIN PRESIDENT 3.00
Officer Director
$0 $0 $0
KATHY COREY VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
DAVID BONAPARTE TREASURER (INCOMING) 3.00
Officer Director
$0 $0 $0
YANCY WEINRICH TREASURER (OUTGOING) 3.00
Officer Director
$0 $0 $0
ABHAY JAVERI BOARD MEMBER 3.00
Director
$0 $0 $0
ANDREW SIEGEL BOARD MEMBER 3.00
Director
$0 $0 $0
AVI LEVY BOARD MEMBER 3.00
Director
$0 $0 $0
BOBBI HANSEN BOARD MEMBER 3.00
Director
$0 $0 $0
CATHERINE SARR BOARD MEMBER 3.00
Director
$0 $0 $0
CHRISTINA GANDIA GAMBALE BOARD MEMBER 3.00
Director
$0 $0 $0
CRAIG ROTTENBERG BOARD MEMBER 3.00
Director
$0 $0 $0
DAVID PRAGER BOARD MEMBER 3.00
Director
$0 $0 $0
DOV TANNENBAUM BOARD MEMBER 3.00
Director
$0 $0 $0
EDDIE LE VIAN BOARD MEMBER 3.00
Director
$0 $0 $0
ELLEN JUNGER BOARD MEMBER 3.00
Director
$0 $0 $0
IRIS VAN DER VEKEN BOARD MEMBER 3.00
Director
$0 $0 $0
JACK GABRIEL BOARD MEMBER 3.00
Director
$0 $0 $0
KEALEBOGA PULE BOARD MEMBER 3.00
Director
$0 $0 $0
KENT WONG SIU-KEE BOARD MEMBER 3.00
Director
$0 $0 $0
KIMBERLY MILLER CRAWFORD BOARD MEMBER 3.00
Director
$0 $0 $0
KRISTIE NICOLOSI BOARD MEMBER 3.00
Director
$0 $0 $0
MARCUS TER HAAR BOARD MEMBER 3.00
Director
$0 $0 $0
MARK KLEIN BOARD MEMBER 3.00
Director
$0 $0 $0
MIKE ALEXANDER BOARD MEMBER 3.00
Director
$0 $0 $0
NATHALIE DIAMANTIS BOARD MEMBER 3.00
Director
$0 $0 $0
NILESH KOTHARI BOARD MEMBER 3.00
Director
$0 $0 $0
PETER ENGEL BOARD MEMBER 3.00
Director
$0 $0 $0
PIYUSH PATEL BOARD MEMBER 3.00
Director
$0 $0 $0
REBECCA FOERSTER BOARD MEMBER 3.00
Director
$0 $0 $0
STELLENE VOLANDES BOARD MEMBER 3.00
Director
$0 $0 $0
STEPHANIE GOTTLIEB BOARD MEMBER 3.00
Director
$0 $0 $0
NANCY OREM LYMAN EXECUTIVE DIRECTOR 40.00
Officer
$163,604 $33,772 $197,376
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 No data No data No data No data
2023 $826,567 $844,010 $601,415 $-17,443
2022 $612,339 $774,996 $922,673 $-162,657
2021 $749,841 $790,030 $761,700 $-40,189
2020 $790,676 $857,375 $795,128 $-66,699
2019 $1,005,907 $872,173 $919,582 $133,734
2018 $1,100,315 $965,793 $838,779 $134,522
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