Black Diamond Foundation Inc
Black Diamond Foundation Inc. reports no revenue or assets, indicating inactivity or recent formation.
EIN: 20806447 · Harrodsburg, KY · NTEE: B82 · Updated: 2026-03-28
Is Black Diamond Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Black Diamond Foundation Inc
Black Diamond Foundation Inc (EIN: 20806447) is a nonprofit organization based in Harrodsburg, KY, classified under NTEE code B82. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Black Diamond Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Black Diamond Foundation Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Black Diamond Foundation Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Given the reported zero revenue and zero assets, there is no executive compensation to analyze or assess relative to organizational size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Black Diamond Foundation Inc's IRS 990 filings:
- No reported revenue or assets, suggesting inactivity or lack of operations.
Strengths
The following positive indicators were identified for Black Diamond Foundation Inc:
- None identifiable from the provided financial data, as there are no reported activities or assets.
Frequently Asked Questions about Black Diamond Foundation Inc
Is Black Diamond Foundation Inc a legitimate charity?
Black Diamond Foundation Inc (EIN: 20806447) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 50/100. 1 red flag identified. 1 strength noted. Financial health grade: D.
How does Black Diamond Foundation Inc spend its money?
Black Diamond Foundation Inc reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Black Diamond Foundation Inc tax-deductible?
Black Diamond Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20806447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Black Diamond Foundation Inc compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Black Diamond Foundation Inc is near average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Black Diamond Foundation Inc located?
Black Diamond Foundation Inc is headquartered in Harrodsburg, Kentucky and files with the IRS under EIN 20806447. It is classified under NTEE code B82.
Is Black Diamond Foundation Inc. a good charity?
Based on the IRS 990 data showing $0 revenue and $0 assets, there is no financial activity to evaluate its effectiveness as a charity. It appears to be inactive or very newly established.
What programs does Black Diamond Foundation Inc. operate?
With $0 in revenue and assets, the IRS 990 data does not indicate any operational programs or related spending.
Data Sources and Methodology
This transparency report for Black Diamond Foundation 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.