Diamonds Booster Club is located in Sioux Falls, SD. The organization was established in 2008. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diamonds Booster Club 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 05/2023, Diamonds Booster Club generated $54.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $55.9k during the year ending 05/2023. While expenses have increased by 8.5% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO SUPPORT DIAMONDS COMPETITIVE GYMNASTICS TEAM
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29 |
Total Program Service Revenue | $0 |
Membership dues | $26,558 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $21,197 |
Other Revenue | $3,813 |
Total Revenue | $54,238 |
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 | $10,760 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $45,115 |
Total expenses | $55,875 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,775 |
Other assets | $0 |
Total assets | $55,350 |
Total liabilities | $34,922 |
Net assets or fund balances | $20,428 |