Diamond Wishes Childrens Charity is located in Cedar Hill, TX. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Diamond Wishes Childrens Charity 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 12/2022, Diamond Wishes Childrens Charity generated $201.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $199.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
TOYS AND GIFTS FOR NEEDY CHILDREN AND FAMILY 70965
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dalace Duvall Director | 40 | $0 | |
D Craig Farkas Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $193,225 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $8,000 |
Total Revenue | $201,225 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $85,254 |
Total operating and administrative expenses | $85,254 |
Contributions, gifts, grants paid | $114,071 |
Total expenses and disbursements | $199,325 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,249 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $2,249 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Diamond Wishes Childrens Charity has awarded $43,106 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
TEXAS SPECIAL OLYMPICS PURPOSE: CHILDRENS CHARITY | $2,500 |
CEDAR HILL POLICE ASSOC PURPOSE: SANTA COP TOYS | $1,000 |
TCEVA PURPOSE: HELP DISABLED KIDS | $1,000 |
SKYEWARD BOUND RANCH PURPOSE: DISABLED KIDS | $1,000 |
TCTCPA PURPOSE: YOUTH PROGRAM | $9,509 |
GRAND PRAIRIE POLICE DEPT PURPOSE: SANTA COP TOYS FOR YOUTH | $24,008 |