DIAMANTE INC (EIN 562103799) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Principal Officer

WILLIAM ROBERTO PEREZ

Phone

9198520075

Tax Period

2022-07-01 to 2023-06-30

DIAMANTE INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $199K in total revenue in fiscal year 2022. Revenue surged 99% from the prior year, signaling strong growth momentum. Expenses of $174K left a modest 13% surplus.

Mission

DIAMANTE INC. IS DEDICATED TO THE PRESERVATION, DEVELOPMENT, AND PROMOTION OF THE CULTURE, HERITAGE, AND ARTISTIC EXPRESSION OF THE DIVERSE LATINO/HISPANIC POPULATION IN NORTH CAROLINA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $148,009

Program Service Revenue $48,878

Investment Income $48

Other Revenue $2,240

TOTAL REVENUE $199,175

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $67,759

Other Expenses $171,289

TOTAL EXPENSES $173,789

Year-over-Year Comparison

	2022	2021	Change
Revenue	$199,175	$99,908	+1.0%
Expenses	$173,789	$114,377	+0.5%
Net Income	$25,386	$-14,469	-2.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$10,785

Total Directors

$10,785

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIZETTE CRUZ-WATKO	FOUNDER/EMER	5.00	Officer Director	$7,833	$0	$7,833
MARIE TAYLOR	SECRETARY	5.00	Officer Director	$2,952	$0	$2,952
GONZALO AGUIRRE	VICE CHAIR	N/A	Officer Director	$0	$0	$0
ANTONIO ALANIS	BOARD MEMBER	N/A	Director	$0	$0	$0
ERICK R ALVAREZ	BOARD MEMBER	N/A	Director	$0	$0	$0
ROSA ANTUNEZ BOATWRIGHT	BOARD MEMBER	N/A	Director	$0	$0	$0
JENNY BUSTAMANTE FERRELL	BOARD MEMBER	N/A	Director	$0	$0	$0
VERONICA GUTIERREZ	BOARD MEMBER	N/A	Director	$0	$0	$0
CARLOS LIRIANO	BOARD MEMBER	N/A	Director	$0	$0	$0
TATY MARIA PADILLA	BOARD MEMBER	N/A	Director	$0	$0	$0
ROSALINA PALACIOS	BOARD MEMBER	N/A	Director	$0	$0	$0
WILLIAM ROBERTO PEREZ	PRESIDENT/CH	N/A	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
2023	$199,175	$173,789	$61,973	$25,386

DIAMANTE INC