Diamond Derby Inc
EIN: 611166169 · Louisville, KY
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Net Assets | $2.2M |
Is Diamond Derby Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Diamond Derby Inc
Diamond Derby Inc (EIN: 611166169) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $2.3M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diamond Derby Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Diamond Derby Inc is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$316K |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | 13.3% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Diamond Derby Inc reported a surplus of $316K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Diamond Derby Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.2% | +146.0% | +17.0% |
| 2022 | +4665.0% | +511.5% | +78.9% |
| 2021 | -92.4% | -56.5% | -10.3% |
| 2020 | +173.4% | -63.7% | +13.6% |
| 2019 | -90.6% | +10.1% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Diamond Derby 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 Diamond Derby 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 surplus of $316K, with revenue exceeding expenses.
Frequently Asked Questions about Diamond Derby Inc
Is Diamond Derby Inc a legitimate charity?
Diamond Derby Inc (EIN: 611166169) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: A.
How does Diamond Derby Inc spend its money?
Diamond Derby Inc reported $2.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Diamond Derby Inc tax-deductible?
Diamond Derby Inc is registered as a tax-exempt nonprofit (EIN: 611166169). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Diamond Derby Inc located?
Diamond Derby Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 611166169.
How many years of IRS 990 filings does Diamond Derby Inc have?
Diamond Derby Inc has 13 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Diamond Derby Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Diamond Derby Inc's revenue has grown by 124.9%, moving from $1.1M to $2.4M. Total assets increased by 85.6% over the same period, from $1.2M to $2.2M. Total functional expenses rose by 285.6%, from $534K to $2.1M. In its most recent filing year (2023), Diamond Derby Inc reported a surplus of $316K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.1M | $2.2M | $0 | — | View 990 |
| 2022 | $1.6M | $837K | $1.9M | $0 | — | View 990 |
| 2021 | $35K | $137K | $1.0M | $0 | — | — |
| 2020 | $453K | $315K | $1.2M | $0 | — | View 990 |
| 2019 | $166K | $868K | $1.0M | $0 | — | View 990 |
| 2018 | $1.8M | $788K | $1.1M | $0 | — | View 990 |
| 2017 | $1.4M | $791K | $1.1M | $0 | — | View 990 |
| 2016 | $133K | $765K | $1.1M | $0 | — | View 990 |
| 2015 | $1.4M | $737K | $1.1M | $0 | — | View 990 |
| 2014 | $953K | $581K | $1.1M | $0 | — | View 990 |
| 2013 | $1.2M | $641K | $1.1M | $0 | — | View 990 |
| 2012 | $1.2M | $619K | $1.1M | $0 | — | View 990 |
| 2011 | $1.1M | $534K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.1M, and assets of $2.2M (revenue +44.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $837K, and assets of $1.9M (revenue +4665.0% year-over-year).
- 2021: Revenue of $35K, expenses of $137K, and assets of $1.0M (revenue -92.4% year-over-year).
- 2020: Revenue of $453K, expenses of $315K, and assets of $1.2M (revenue +173.4% year-over-year).
- 2019: Revenue of $166K, expenses of $868K, and assets of $1.0M (revenue -90.6% year-over-year).
- 2018: Revenue of $1.8M, expenses of $788K, and assets of $1.1M (revenue +25.9% year-over-year).
- 2017: Revenue of $1.4M, expenses of $791K, and assets of $1.1M (revenue +950.1% year-over-year).
- 2016: Revenue of $133K, expenses of $765K, and assets of $1.1M (revenue -90.3% year-over-year).
- 2015: Revenue of $1.4M, expenses of $737K, and assets of $1.1M (revenue +44.7% year-over-year).
- 2014: Revenue of $953K, expenses of $581K, and assets of $1.1M (revenue -23.4% year-over-year).
- 2013: Revenue of $1.2M, expenses of $641K, and assets of $1.1M (revenue +5.5% year-over-year).
- 2012: Revenue of $1.2M, expenses of $619K, and assets of $1.1M (revenue +11.7% year-over-year).
- 2011: Revenue of $1.1M, expenses of $534K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Diamond Derby Inc:
Data Sources and Methodology
This transparency report for Diamond Derby 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.