Hermosa Beach Diamond Sports Inc Hermosa Beach Little League

EIN: 274055328 501(c)(3) Education

Hermosa Beach, CA

Total Revenue
$327,650
Total Expenses
$376,464
Total Assets
$131,981
Net Assets
$131,981
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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
2010
Legal Domicile
CA
Principal Officer
Daniel Palmieri
Phone
3104096189
Tax Period
2024-11-01 to 2025-10-31

Hermosa Beach Diamond Sports Inc Hermosa Beach Little League, founded in 2010, is a small nonprofit in the Education sector that reported $328K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $376K exceeded revenue, resulting in a 15% operating deficit.

Mission

Provide community-based youth baseball and softball programs, generally under charters granted by little league international and amateur softball association of America

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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 (2024)

Revenue Breakdown

Contributions & Grants $157,819
Program Service Revenue $169,831
Investment Income $0
Other Revenue $0
TOTAL REVENUE $327,650

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $366,991
Other Expenses $376,464
TOTAL EXPENSES $376,464

Year-over-Year Comparison

2024 2023 Change
Revenue $327,650 $373,568 -0.1%
Expenses $376,464 $393,460 0.0%
Net Income $-48,814 $-19,892 +1.5%
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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Governance

Voting Members
8
Independent Members
8
Employees
2
Volunteers
120

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Erik Charlton Director 5.00
Director
$0 $0 $0
Lynne Garafolo-Wright Director 5.00
Director
$0 $0 $0
Jeffery Miller Director 5.00
Director
$0 $0 $0
Evan Smith Director 5.00
Director
$0 $0 $0
Chris Lombardi Director 5.00
Director
$0 $0 $0
Dan Rista Director 5.00
Director
$0 $0 $0
Tim Gibson Vice President 5.00
Officer
$0 $0 $0
Mark Mamber Vice President 5.00
Officer
$0 $0 $0
Daniel Palmieri Treasurer 5.00
Officer
$0 $0 $0
Dave Shott President 5.00
Officer
$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
2025 $327,650 $376,464 $131,981 $-48,814
2024 $373,568 $393,460 $180,795 $-19,892
2023 $369,041 $325,742 $200,687 $43,299
2022 $361,878 $266,714 $157,388 $95,164
2021 $135,314 $202,994 $62,494 $-67,680
2020 $223,608 $134,777 $129,984 $88,831
2019 $232,695 $228,493 $41,343 $4,202
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