DIAMOND ARTS WELLNESS PROJECT

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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

2024

Legal Domicile

Principal Officer

MELINDA LARSON

Phone

4356697887

Tax Period

2024-01-01 to 2024-12-31

DIAMOND ARTS WELLNESS PROJECT, founded in 2024, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $200 in total revenue in fiscal year 2024.

Mission

DIAMOND ARTS WELLNESS PROJECT IS ESTABLISHED TO PROVIDE A SAFE, SUPPORTIVE AND STRUCTURED ENVIRONMENT FOR LOCAL YOUTH TO DEVELOP PERSONAL AND PERFORMING ARTS SKILLS. DAWP PROGRAMS TEACH ALL ASPECTS OF BEING A PERFORMING ARTIST WHILE FACILITATING PROPER TECHNICAL TRAINING IN COMPREHENSIVE DANCE, ACTING AND VOICE; LEARNING IMPORTANT LIFE SKILLS NEEDED FOR SUCCESS; PRACTICING TO BE MENTALLY, PHYSICALLY AND EMOTIONALLY STABLE; AND DEVELOPING SELF-ESTEEM AND BUILDING CONFIDENCE. LEARNING AND PARTICIPATING IN THE PERFORMING ARTS AS A YOUNG PERSON OPENS DOORS TO EDUCATIONAL AND CAREER OPPORTUNITIES, CONTRIBUTES TO LONGEVITY AND ULTIMATELY IMPROVES ONE'S QUALITY OF LIFE.

Program Service Accomplishments

Program 1

NO SERVICE ACCOMPLISHMENTS OCCURED DURING 2024. ORGANIZATION IS JUST BEGINNING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $200

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK ARMSTRONG	BOARD MEMBER	N/A	Officer	$0	$0	$0
JANET IVEY DUENSING	BOARD MEMBER	N/A	Officer	$0	$0	$0
KEVIN GIDDINS	BOARD MEMBER	N/A	Officer	$0	$0	$0
BRIAN LARSON	EXECUTIVE DI	N/A	Officer	$0	$0	$0
MELINDA LARSON	PROGRAM DIRE	N/A	Officer	$0	$0	$0
KRISTEN MARRIOTT	BOARD MEMBER	N/A	Officer	$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	$200	No data	$200	No data