DIAMOND KUT PROFESSIONAL SOCIAL KLUB

EIN: 934149544 Recreation & Sports

CHICAGO, IL

Total Revenue
$51,098
Total Expenses
$35,788
Total Assets
$9,000
Net Assets
$7,000
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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
2023
Legal Domicile
IL
Principal Officer
EMMIT HORNE
Phone
7082593202
Tax Period
2024-01-01 to 2024-12-31

DIAMOND KUT PROFESSIONAL SOCIAL KLUB, founded in 2023, is a micro nonprofit in the Recreation & Sports sector that reported $51K in total revenue in fiscal year 2024. The organization ran a surplus of $15K, a strong 30% operating margin.

Mission

Diamond Kut Professional Social Klub is a Not-for-Profit 501(c)7 corporation founded in September 2023 to establish a private social club and professional organization of well trained and effective professionals, dedicated to training youth and adults to develop and enhance their skills, abilities, attitudes and ethics that will prepare them to thrive successfully in a global economy.

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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 $51,098
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $51,098

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $12,834
Program Expenses $35,788
Other Expenses $35,788
TOTAL EXPENSES $35,788

Year-over-Year Comparison

2024 2023 Change
Revenue $51,098 N/A N/A
Expenses $35,788 N/A N/A
Net Income $15,310 N/A 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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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
N/A
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
GREGORY ARNOLD Treasurer 0.00
Officer Director
$0 $0 $0
LAMAR DAVIS Vice President 0.00
Officer Director
$0 $0 $0
MARCUS SPENCER Director 0.00
Director
$0 $0 $0
EMMIT HORNE President & CEO 0.00
Officer Director
$0 $0 $0
ROBERT MCGHEE Director 0.00
Director
$0 $0 $0
TORRENCE MOORE Secretary 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 $51,098 $35,788 $9,000 $15,310
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