Black Diamond Foundation Inc
- Assets
- $243.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly Hills, FL
- Founding
- 02/2003
- Data as of
- 12/2023
- EIN
- 13-4211621
Organization Overview
Black Diamond Foundation Inc is located in Beverly Hills, FL. The organization was established in 2003. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Diamond Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Black Diamond Foundation Inc generated $193.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $217.0k during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Black Diamond Foundation Inc has awarded 33 individual grants totaling $564,146. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLECT AND DISTRIBUTE FUNDS IN A MANNER WHICH ENRICHES THE LIVES OF INDIVIDUALS AND FAMILIES IN CITRUS COUNTY, FL AND TO DEMONSTRATE THAT THE BLACK DIAMOND COMMUNITY CARES ABOUT THE COUNTY AND ITS CITIZENS.
Describe the Organization's Program Activity:
Part 3
SUPPORT EDUCATION/SCHOLARSHIP: BOYS & GIRLS CLUB OF CITRUS COUNTY; CITRUS COUNTY EDUCATION FOUNDATION; YMCA OF THE SUNCOAST-CITRUS BRANCH; TAKE STOCK IN CHILDREN
SUPPORT HEALTH AND WELLBEING CITRUS COUNTY FAMILY RESOURCE CENTER; COMMUNITY FOOD BANK OF CITRUS COUNTY; THANKSGIVING FEEDING ALLIANCE; CITRUS AID CANCER FOUNDATION; SOS FOOD PANTRY; MID FLORIDA HOMELESS COALITION; DOCTORS FREE CLINIC; ELS FOR AUTISM.
SUPPORT VETERANS: UNITED WAY - MISSION UNITED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Obenauf Chair | 5 | $0 | |
Joan Plunkett Secretary | 2 | $0 | |
Foster Lamm Treasurer | 1 | $0 | |
Shaunda Burdette Director | 0.25 | $0 | |
Bruce Carney Director | 0.25 | $0 | |
Lisa Honnold Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,306 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,128 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $193,434 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,006 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $268 |
| Other expenses | $1,412 |
| Total expenses | $216,986 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $243,203 |
| Other assets | $0 |
| Total assets | $243,203 |
| Total liabilities | $0 |
| Net assets or fund balances | $243,203 |
Grants Awarded
Over the last fiscal year, Black Diamond Foundation Inc has awarded $237,559 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOOD BANK OF CITRUS COUNTY PURPOSE: Warehouse acquisition, general operation | $57,000 |
CITRUS COUNTY EDUCATION FOUNDATION PURPOSE: Student homelessness, scholarship, educational support | $54,000 |
MID FLORIDA HOMELESS COALITION PURPOSE: Assisting the homeless of Citrus County. | $25,000 |
CITRUS AID CANCER FOUNDATION PURPOSE: Cancer patient support | $20,859 |
SERVING OUR SAVIOR FOOD PANTRY PURPOSE: Food Pantry | $20,000 |
UNITED WAY OF CITRUS COUNTY PURPOSE: Mission United assistance program for veterans | $10,000 |