Biloxi Diamond Club Inc
EIN: 800870029 · Biloxi, MS · NTEE: B112
| Metric | Value |
|---|---|
| Total Revenue | $134K |
| Total Expenses | $96K |
| Net Assets | $55K |
Is Biloxi Diamond Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Biloxi Diamond Club Inc
Biloxi Diamond Club Inc (EIN: 800870029) is a nonprofit organization based in Biloxi, MS, classified under NTEE code B112. The organization reported total revenue of $134K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Biloxi Diamond Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Biloxi Diamond Club Inc is a small nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $96K |
| Surplus / Deficit | $-653 |
| Total Assets | $55K |
| Net Assets | $55K |
| Operating Margin | -0.7% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Biloxi Diamond Club Inc reported a deficit of $653 with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Biloxi Diamond Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.7% | +26.3% | -1.2% |
| 2022 | -29.1% | +8.7% | -7.8% |
| 2021 | +48.7% | -5.9% | +101.2% |
| 2020 | -24.9% | -18.7% | -18.1% |
| 2019 | +51.5% | +18.8% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Biloxi Diamond Club Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Biloxi Diamond Club Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $653, with expenses exceeding revenue.
Frequently Asked Questions about Biloxi Diamond Club Inc
Is Biloxi Diamond Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Biloxi Diamond Club Inc (EIN: 800870029) insufficient data. 0 red flags identified, 0 strengths noted.
How does Biloxi Diamond Club Inc spend its money?
Detailed spending breakdown data is not yet available for Biloxi Diamond Club Inc. Check back for updated IRS 990 analysis.
Are donations to Biloxi Diamond Club Inc tax-deductible?
Biloxi Diamond Club Inc is registered as a tax-exempt nonprofit (EIN: 800870029). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Biloxi Diamond Club Inc located?
Biloxi Diamond Club Inc is headquartered in Biloxi, Mississippi and files with the IRS under EIN 800870029. It is classified under NTEE code B112.
How many years of IRS 990 filings does Biloxi Diamond Club Inc have?
Biloxi Diamond Club Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $134K in total revenue.
Filing History
IRS 990 filing history for Biloxi Diamond Club Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Biloxi Diamond Club Inc's revenue has grown by 103.7%, moving from $47K to $95K. Total assets increased by 264.3% over the same period, from $15K to $55K. Total functional expenses rose by 133.6%, from $41K to $96K. In its most recent filing year (2023), Biloxi Diamond Club Inc reported a deficit of $653, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $95K | $96K | $55K | $0 | — | — |
| 2022 | $71K | $76K | $56K | $0 | — | — |
| 2021 | $100K | $70K | $61K | $0 | — | View 990 |
| 2020 | $67K | $74K | $30K | $0 | — | View 990 |
| 2019 | $90K | $91K | $37K | $0 | — | View 990 |
| 2018 | $59K | $77K | $38K | $0 | — | View 990 |
| 2017 | $101K | $76K | $55K | $0 | — | — |
| 2016 | $95K | $79K | $31K | $0 | — | View 990 |
| 2015 | $47K | $41K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $95K, expenses of $96K, and assets of $55K (revenue +33.7% year-over-year).
- 2022: Revenue of $71K, expenses of $76K, and assets of $56K (revenue -29.1% year-over-year).
- 2021: Revenue of $100K, expenses of $70K, and assets of $61K (revenue +48.7% year-over-year).
- 2020: Revenue of $67K, expenses of $74K, and assets of $30K (revenue -24.9% year-over-year).
- 2019: Revenue of $90K, expenses of $91K, and assets of $37K (revenue +51.5% year-over-year).
- 2018: Revenue of $59K, expenses of $77K, and assets of $38K (revenue -41.5% year-over-year).
- 2017: Revenue of $101K, expenses of $76K, and assets of $55K (revenue +6.7% year-over-year).
- 2016: Revenue of $95K, expenses of $79K, and assets of $31K (revenue +103.4% year-over-year).
- 2015: Revenue of $47K, expenses of $41K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Biloxi Diamond Club Inc:
Data Sources and Methodology
This transparency report for Biloxi Diamond Club Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.