DIAMOND EMPOWERMENT FUND INC

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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

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

THE "DIAMOND EMPOWERMENT FUND" MISSION IS TO SUPPORT INITIATIVES THAT DEVELOP AND EMPOWER PEOPLE IN THE DIAMOND COMMUNITIES WORLDWIDE.

Program Service Accomplishments

Program 1

Expenses: $498,394 Revenue: $48,898

SUPPORT INITIATIVES THAT PROVIDE YOUTH IN DIAMOND PRODUCING NATIONS WITH ACCESS TO HIGH-QUALITY EDUCATION, SKILL-BUILDING, AND VOCATIONAL TRAINING.

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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 (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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$197,376

Total Directors

Key Employees

Highest Compensated

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