117 DIAMOND

EIN: 822005382 501(c)(3)

SAN FRANCISCO, CA

Total Revenue
$18,722
Total Expenses
$310,145
Total Assets
$55,372
Net Assets
$53,016
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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
2017
Legal Domicile
CA
Principal Officer
SCOTT HALSTEAD
Phone
4157131552
Tax Period
2020-07-01 to 2021-06-30

117 DIAMOND, founded in 2017, is a micro nonprofit that reported $19K in total revenue in fiscal year 2020. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $310K exceeded revenue, resulting in a 1557% operating deficit.

Mission

117 DIAMOND DBA SPANISH INFUSION SCHOOL ("THE ORGANIZATION") IS NONPROFIT PUBLIC BENEFIT CORPORATION THAT WAS INCORPORATED INTO A 501(C)3 IN JUNE 2017 TO OPERATE FIRST MARIN PREPARATORY SCHOOL AND NOW CALLED THE SPANISH INFUSION SCHOOL ("THE SCHOOL"). THE ORGANIZATION'S ROLE IS TO SUPPORT THE SCHOOL. THE PRIMARY FUNCTION OF THE ORGANIZATION IN THE PAST HAD BEEN TO RAISE FUNDS TO PROVIDE TUITION ASSISTANCE TO STUDENTS WITH FINANCIAL NEEDS WHO ARE ENROLLED AT THE SCHOOL AND TO SUPPORT THE SCHOOL'S PROGRAMS THROUGH SUPPLEMENTING THE PROFESSIONAL DEVELOPMENT BUDGET FOR TEACHERS AND PURCHASING CLASSROOM SUPPLIES SUCH AS COMPUTERS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $18,722
TOTAL REVENUE $18,722

Expense Breakdown

Grants Paid $70,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $133,000
Other Expenses $240,145
TOTAL EXPENSES $310,145

Year-over-Year Comparison

2020 2019 Change
Revenue $18,722 $116,509 -0.8%
Expenses $310,145 $234,356 +0.3%
Net Income $-291,423 $-117,847 +1.5%
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

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Governance

Voting Members
6
Independent Members
6
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COURTENAY BROWN CHAIR 2.00
Officer Director
$0 $0 $0
SCOTT HALSTEAD TREASURER 2.00
Officer Director
$0 $0 $0
DAVID HESSLEIN VICE CHAIR 2.00
Officer Director
$0 $0 $0
GREG HAUSLER SECRETARY 2.00
Officer Director
$0 $0 $0
ANN BASSI MEMBER 2.00
Director
$0 $0 $0
SHARON MURPHY MEMBER 2.00
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
2021 $18,722 $310,145 $55,372 $-291,423
2021 $57,374 $324,590 $77,223 $-267,216
2021 No data $77,223 No data No data
2020 $116,509 $234,356 $346,795 $-117,847
2019 $428,351 $244,443 $564,643 $183,908
2018 $566,511 $288,133 $280,735 $278,378
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