NATURAL DIAMOND COUNCIL USA INC

EIN: 813264830 Community Improvement

NEW YORK, NY

Total Revenue
$22,686,767
Total Expenses
$22,686,767
Total Assets
$3,710,006
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
DE
Principal Officer
DAVID KELLIE
Phone
2123021273
Tax Period
2024-01-01 to 2024-12-31

NATURAL DIAMOND COUNCIL USA INC, founded in 2016, is a mid-sized nonprofit in the Community Improvement sector that reported $22.7M in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF NATURAL DIAMOND COUNCIL IS TO ADVANCE THE INTEGRITY OF THE MODERN DIAMOND JEWELRY INDUSTRY & INSPIRE, EDUCATE AND PROTECT THE CONSUMER.

Program Service Accomplishments

Program 1

EXPLORING THE IMPACT OF NATURAL DIAMONDS:IN 2024, NDC'S GLOBAL AMBASSADOR, LILY JAMES, EXPLORED THE DIAMOND PRODUCING REGION OF THE NORTHWEST TERRITORIES OF CANADA. THE TRIP PROVIDED AN OPPORTUNITY...

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EXPLORING THE IMPACT OF NATURAL DIAMONDS:IN 2024, NDC'S GLOBAL AMBASSADOR, LILY JAMES, EXPLORED THE DIAMOND PRODUCING REGION OF THE NORTHWEST TERRITORIES OF CANADA. THE TRIP PROVIDED AN OPPORTUNITY FOR CONSUMERS, JOURNALISTS, AND PROFESSIONALS IN THE INDUSTRY A GLIMPSE OF THIS LESSER KNOWN MARKET. THE INNOVATION, AND CARE TAKEN AT EVERY POINT OF CANADIAN DIAMOND PRODUCTION WAS HIGHLIGHTED AS WAS THE SUPPORT PROVIDED TO THE INDIGENOUS COMMUNITY AND THE STANDARDS SET FOR SUSTAINABLE MINING WHILE PROTECTING TRADITIONS AND SUPPORTING CONSERVATION.

Program 2

NATURAL DIAMOND CLUB (THE CLUB):IN MAY OF 2024, THE CLUB WAS LAUNCHED, A COMMUNITY OF LIKE MINDED INDUSTRY PROFESSIONALS. PARTNERS ACCROSS THE NATURAL DIAMOND VALUE CHAIN WITH A PASSION FOR THE...

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NATURAL DIAMOND CLUB (THE CLUB):IN MAY OF 2024, THE CLUB WAS LAUNCHED, A COMMUNITY OF LIKE MINDED INDUSTRY PROFESSIONALS. PARTNERS ACCROSS THE NATURAL DIAMOND VALUE CHAIN WITH A PASSION FOR THE INDUSTRY CAME TOGETHER IN LAS VEGAS TO CELEBRATE THE LAUNCH AND BECOME IMMERSED IN THE INCREDIBLE WORLD OF NATURAL DIAMONDS. THE EVENT PROVIDED OPPORTUNITIES FOR CLUB MEMBERS TO EXPLORE THE LATEST INITIATIVES, HEAR FROM INDUSTRY EXPERTS, AND SHARE THEIR OWN IDEAS FOR PROMOTING NATURAL DIAMONDS.

Program 3

DIAMOND REPORTS - DIAMONDS OF CANADA - THE FIRST REPORT IN THE SERIES:THIS REPORT TELLS THE SPECTACULAR STORY OF CANADA'S DIAMOND DISCOVERY TO BECOMING THE WORLD'S THIRD-LARGEST DIAMOND PRODUCING...

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DIAMOND REPORTS - DIAMONDS OF CANADA - THE FIRST REPORT IN THE SERIES:THIS REPORT TELLS THE SPECTACULAR STORY OF CANADA'S DIAMOND DISCOVERY TO BECOMING THE WORLD'S THIRD-LARGEST DIAMOND PRODUCING COUNTRY. FUTURE REPORTS WILL BE RELEASED IN 2025 ON VARIOUS NATURAL DIAMOND TOPICS.

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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 $0
Program Service Revenue $22,644,515
Investment Income $42,252
Other Revenue $0
TOTAL REVENUE $22,686,767

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,761,195
Fundraising Expenses $0
Other Expenses $18,925,572
TOTAL EXPENSES $22,686,767

Year-over-Year Comparison

2024 2023 Change
Revenue $22,686,767 $35,245,477 -0.4%
Expenses $22,686,767 $35,245,477 -0.4%
Net Income $0 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
1
Independent Members
1
Employees
19
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
1
$562,463
Total Directors
1
$562,463
Key Employees
3
$781,216
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID A KELLIE DIRECTOR 40.00
Officer Director
$522,413 $40,050 $562,463
GABRIELLE MARIE MIRALDI-GRAZI VP TRADE 40.00
Key Emp
$199,117 $16,187 $215,304
SAMUEL HOLSETH BROEKEMA EDITOR IN CHIEF 40.00
Key Emp
$290,097 $18,800 $308,897
NANCY GIAMBONA HEAD OF MARKETING 40.00
Key Emp
$214,166 $42,849 $257,015
KRISTINA BUCKLEY KAYEL MANAGING DIRECTOR 40.00
Highest
$481,094 $19,247 $500,341
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 $22,686,767 $22,686,767 $3,710,006 No data
2023 $35,245,477 $35,245,477 $3,452,073 No data
2022 $42,120,235 $42,120,235 $2,549,353 No data
2021 $45,450,043 $45,450,043 $2,361,726 No data
2020 $42,450,447 $42,450,447 $2,633,615 No data
2019 $43,532,647 $43,532,647 $7,481,242 No data
2018 $45,301,809 $45,301,809 $8,145,974 No data
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