Diamond Club Inc
- Assets
- $12.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Covington, TN
- Founding
- 10/2019
- Data as of
- 12/2020
- EIN
- 62-1577863
Organization Overview
Diamond Club Inc is located in Covington, TN. The organization was established in 2019. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Diamond Club 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 12/2020, Diamond Club Inc generated $55.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (33.6%) each year. All expenses for the organization totaled $66.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (24.1%) per year over the past 2 years. 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
2020
Describe the Organization's Program Activity:
Part 3
SUPPORT ORGINIZATION FOR THE COVINGTON HIGH SCHOOL BASEBALL TEAM
SUPPORT ORGINIZATION FOR THE COVINGTON HIGH SCHOOL BASEBALL TEAM
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $55,828 |
| Other Revenue | $0 |
| Total Revenue | $55,828 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $66,944 |
| Total expenses | $66,944 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,270 |
| Other assets | $0 |
| Total assets | $12,270 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,270 |
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