DIAMOND BUSINESS ASSOCIATION INC (EIN 800767111) - 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

2011

Legal Domicile

Principal Officer

CARLOS VASQUEZ

Phone

6197646245

Tax Period

2019-07-01 to 2020-06-30

DIAMOND BUSINESS ASSOCIATION INC, founded in 2011, is a small nonprofit that reported $101K in total revenue in fiscal year 2019. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF THE DIAMOND BUSINESS ASSOCIATION IS TO FOSTER ECONOMIC PROSPERITY BY ADVOCATING FOR AND PROMOTING THE GROWTH OF BUSINESSES IN THE DIAMOND DISTRICT.

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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 (2019)

Revenue Breakdown

Contributions & Grants $43,151

Program Service Revenue $85,206

Investment Income $0

Other Revenue $-27,155

TOTAL REVENUE $101,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,503

Fundraising Expenses $0

Other Expenses $49,146

TOTAL EXPENSES $110,649

Year-over-Year Comparison

	2019	2018	Change
Revenue	$101,202	$137,933	-0.3%
Expenses	$110,649	$142,678	-0.2%
Net Income	$-9,447	$-4,745	+1.0%

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

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
CARLOS VASQUEZ	PRESIDENT	002.00	Officer Director	$0	$0	$0
MARION McCORD	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
KARLA RUIZ	TREASURER	002.00	Officer Director	$0	$0	$0
DEMETRE BOOKER	SECRETARY	002.00	Officer Director	$0	$0	$0
HUGH MUHAMMAD	MEMBER	001.00	Director	$0	$0	$0
JAMAAL JACKSON	MEMBER	001.00	Director	$0	$0	$0
MARCO ORTIZ	MEMBER	001.00	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
2020	$101,202	$110,649	$6,615	$-9,447
2019	$137,933	$142,678	$21,678	$-4,745
2018	$126,627	$132,997	$34,723	$-6,370

DIAMOND BUSINESS ASSOCIATION INC