Diamond Education Foundation

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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

2011

Legal Domicile

Principal Officer

Konrad Kothmann

Phone

3128679104

Tax Period

2024-01-01 to 2024-12-31

Diamond Education Foundation, founded in 2011, is a community nonprofit in the Medical Research sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 34% operating deficit.

Mission

The purpose of the Foundation shall be to promote headache education and research by:a) providing education for professionals and non-professionals regardingheadaches and related conditions;b) encouraging scientific studies and research on headaches and relatedconditions;c) promoting the exchange of ideas relevant to the cause and treatment ofheadaches and related conditions; d) developing and encouraging meetings, publications, educationalseminars and otherwise contributing to increased knowledge ofheadaches and related conditions.

Program Service Accomplishments

Program 1

Expenses: $1,152,993 Revenue: $424,251

The Organization implements Continuing Medical Educational seminars, which provide education for professionals and non-professionals in the field of headaches and related painful conditions. The...

The Organization implements Continuing Medical Educational seminars, which provide education for professionals and non-professionals in the field of headaches and related painful conditions. The foundation actively expands its educational reach via development and enhancement of an on-line portal, offering access to webinars and live conference presentations.

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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 $653,500

Program Service Revenue $424,251

Investment Income $67

Other Revenue $0

TOTAL REVENUE $1,077,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,000

Fundraising Expenses $0

Program Expenses $1,152,993

Other Expenses $1,389,269

TOTAL EXPENSES $1,440,269

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,077,818	$1,582,147	-0.3%
Expenses	$1,440,269	$1,459,407	0.0%
Net Income	$-362,451	$122,740	-4.0%

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

$704,949

Total Directors

$1,673,930

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Konrad Kothmann	President	10.00	Officer Director	$51,000	$0	$704,949
Dr Merle Diamond	Former Director	0.00	Director	$37,110	$0	$611,301
Dr George Urban	Former Director	0.00	Director	$11,450	$0	$357,680
Paul L Fourt	Secretary	10.00	Officer Director	$0	$0	$0
Lisbeth S Davis	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	$1,077,818	$1,440,269	$526,040	$-362,451
2023	$1,582,147	$1,459,407	$888,491	$122,740
2022	$1,420,991	$2,362,128	$765,751	$-941,137
2021	$1,473,254	$1,151,591	$1,706,888	$321,663
2020	$812,986	$781,060	$1,385,225	$31,926
2019	$2,007,362	$1,549,323	$1,353,299	$458,039
2018	$2,241,484	$1,672,962	$895,260	$568,522