MONARCH DIAMOND CLUB (EIN 311577683) - 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

1988

Legal Domicile

Principal Officer

SCOTT HACKWORTH

Phone

9376420010

Tax Period

2023-07-01 to 2024-06-30

MONARCH DIAMOND CLUB, founded in 1988, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $158K in total revenue in fiscal year 2023. Expenses of $235K exceeded revenue, resulting in a 49% operating deficit.

Mission

THE DIAMOND CLUB EARTNS MONEY THROUGH OUR WEEKLY MONDAY AND SATURDAY BINGO GAMES. THE DC THE PROVIDES MONEY TO SUPPORT THE MARYSVILLE HS BASEBALL PROGRAM & OUR SUMMER PLAYERS ON THE AMERICAN LEGION BASEBALL TEAMS. THE DC ALSO DONATES MONEY TO THE GENERAL MARYSVILLE HS ATHLETIC BOOSTER CLUB IN SUPPORT OF OTHER MHS SPORTS TEAMS. FORM 990, PART 1, LINE 6 VOLUNTEERS ASSIST WITH WEEKLY BINGO AND FUNDRAISING EVENTS

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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 $610

Program Service Revenue $2,085

Investment Income $105

Other Revenue $154,820

TOTAL REVENUE $157,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $227,997

Other Expenses $235,276

TOTAL EXPENSES $235,276

Year-over-Year Comparison

	2023	2022	Change
Revenue	$157,620	$163,081	0.0%
Expenses	$235,276	$141,773	+0.7%
Net Income	$-77,656	$21,308	-4.6%

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
JENNIFER ADEN	SECRETARY	N/A	Officer	$0	$0	$0
SCOTT HACKWORTH	PRESIDENT	N/A	Officer	$0	$0	$0
BEAU MICHAEL	VICE PRESIDE	N/A	Officer	$0	$0	$0
BARB SCHEIDERER	TREASURER	N/A	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
2024	$157,620	$235,276	$161,309	$-77,656
2023	$163,081	$141,773	$238,455	$21,308
2022	$157,334	$162,006	$217,147	$-4,672
2021	$178,072	$96,337	$221,819	$81,735
2020	$97,638	$106,901	$140,084	$-9,263
2019	$129,497	$155,449	$149,347	$-25,952
2018	$147,900	$151,082	$175,299	$-3,182

MONARCH DIAMOND CLUB