Jackson Diamond Club Inc
Jackson Diamond Club Inc maintains stable finances with volunteer leadership and consistent program spending.
EIN: 203735888 · Canton, OH · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $500K |
| Total Expenses | $482K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $242K |
| Transparency Score | 92/100 |
Is Jackson Diamond Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jackson Diamond Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jackson Diamond Club Inc
Jackson Diamond Club Inc (EIN: 203735888) is a nonprofit organization based in Canton, OH, classified under NTEE code B11. The organization reported total revenue of $500K and total assets of $388K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jackson Diamond Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jackson Diamond Club Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $511K |
| Total Expenses | $482K |
| Surplus / Deficit | +$29K |
| Total Assets | $411K |
| Total Liabilities | $169K |
| Net Assets | $242K |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 41.0% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2023, Jackson Diamond Club Inc reported a surplus of $29K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 41.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jackson Diamond Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.3% | +0.7% | -3.9% |
| 2022 | +12.7% | +83.7% | -15.2% |
| 2021 | +22.0% | +24.0% | +22.8% |
| 2020 | -32.3% | -75.4% | +25.4% |
| 2019 | +9.0% | +178.9% | -59.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Jackson Diamond Club Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Jackson Diamond Club Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with revenues around $500,000.
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.
Strengths
The following positive indicators were identified for Jackson Diamond Club Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Strong program spending, with expenses often closely matching or exceeding revenue, demonstrating active mission delivery.
- Positive revenue growth trend over the past decade, showing increasing support and capacity.
- Healthy asset base relative to revenue, providing financial stability (e.g., $411,153 assets in 2023 against $510,773 revenue).
- Long filing history (13 filings) demonstrating consistent compliance and transparency.
Frequently Asked Questions about Jackson Diamond Club Inc
Is Jackson Diamond Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jackson Diamond Club Inc (EIN: 203735888) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Jackson Diamond Club Inc spend its money?
Jackson Diamond Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jackson Diamond Club Inc tax-deductible?
Jackson Diamond Club Inc is registered as a tax-exempt nonprofit (EIN: 203735888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jackson Diamond Club Inc CEO make?
Jackson Diamond Club Inc's highest-compensated officer earns $500,000. annually. The organization reported $500K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jackson Diamond Club Inc's spending goes to programs?
Jackson Diamond Club Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jackson Diamond Club Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Jackson Diamond Club Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jackson Diamond Club Inc located?
Jackson Diamond Club Inc is headquartered in Canton, Ohio and files with the IRS under EIN 203735888. It is classified under NTEE code B11.
How many years of IRS 990 filings does Jackson Diamond Club Inc have?
Jackson Diamond Club 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 $500K in total revenue.
Is Jackson Diamond Club Inc a good charity?
Based on its financial data, Jackson Diamond Club Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating a volunteer-led model, and its program spending is high relative to its overall expenses, suggesting efficient use of funds for its mission.
How does Jackson Diamond Club Inc manage its administrative costs?
The organization appears to manage administrative costs very effectively, primarily due to its volunteer leadership, as evidenced by 0% officer compensation reported in all filings. This significantly reduces overhead and allows more funds to be directed towards programs.
What is the trend in Jackson Diamond Club Inc's revenue and expenses?
Jackson Diamond Club Inc has shown a positive trend in revenue growth over the past decade, from $92,472 in 2014 to $510,773 in 2023. Expenses have generally followed this trend, indicating active program delivery, with some years showing expenses exceeding revenue (e.g., 2022 expenses of $478,627 vs. revenue of $439,074), suggesting a commitment to mission even during periods of lower income.
Filing History
IRS 990 filing history for Jackson Diamond Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jackson Diamond Club Inc's revenue has grown by 599%, moving from $73K to $511K. Total assets increased by 4196.3% over the same period, from $10K to $411K. Total functional expenses rose by 582.7%, from $71K to $482K. In its most recent filing year (2023), Jackson Diamond Club Inc reported a surplus of $29K, with revenue exceeding expenses. The organization holds $169K in liabilities against $411K in assets (debt-to-asset ratio: 41.0%), resulting in net assets of $242K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $511K | $482K | $411K | $169K | — | — |
| 2022 | $439K | $479K | $428K | $215K | — | View 990 |
| 2021 | $390K | $261K | $505K | $252K | — | View 990 |
| 2020 | $319K | $210K | $411K | $287K | — | View 990 |
| 2019 | $472K | $854K | $328K | $313K | — | View 990 |
| 2018 | $432K | $306K | $801K | $404K | — | View 990 |
| 2017 | $218K | $133K | $382K | $111K | — | View 990 |
| 2016 | $150K | $87K | $333K | $147K | — | View 990 |
| 2015 | $141K | $61K | $317K | $194K | — | View 990 |
| 2014 | $92K | $85K | $43K | $0 | — | View 990 |
| 2013 | $73K | $47K | $35K | $0 | — | View 990 |
| 2012 | $99K | $99K | $10K | $0 | — | View 990 |
| 2011 | $73K | $71K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $511K, expenses of $482K, and assets of $411K (revenue +16.3% year-over-year).
- 2022: Revenue of $439K, expenses of $479K, and assets of $428K (revenue +12.7% year-over-year).
- 2021: Revenue of $390K, expenses of $261K, and assets of $505K (revenue +22.0% year-over-year).
- 2020: Revenue of $319K, expenses of $210K, and assets of $411K (revenue -32.3% year-over-year).
- 2019: Revenue of $472K, expenses of $854K, and assets of $328K (revenue +9.0% year-over-year).
- 2018: Revenue of $432K, expenses of $306K, and assets of $801K (revenue +98.7% year-over-year).
- 2017: Revenue of $218K, expenses of $133K, and assets of $382K (revenue +45.3% year-over-year).
- 2016: Revenue of $150K, expenses of $87K, and assets of $333K (revenue +6.3% year-over-year).
- 2015: Revenue of $141K, expenses of $61K, and assets of $317K (revenue +52.4% year-over-year).
- 2014: Revenue of $92K, expenses of $85K, and assets of $43K (revenue +26.6% year-over-year).
- 2013: Revenue of $73K, expenses of $47K, and assets of $35K (revenue -26.2% year-over-year).
- 2012: Revenue of $99K, expenses of $99K, and assets of $10K (revenue +35.5% year-over-year).
- 2011: Revenue of $73K, expenses of $71K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jackson Diamond Club Inc:
Data Sources and Methodology
This transparency report for Jackson 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.