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Nonprofit · EIN 86-1222674

DIAMOND CUTTER CLASSICS

Tax-exempt · SEDONA, AZ 86351

Financials

$274K$364K2023$1.1M$703K2024
Revenue Expenses · by fiscal year end
Financials of DIAMOND CUTTER CLASSICS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,142,220$702,844$439,376$574,751$4,551$570,200
December 31, 2023990$273,905$363,728-$89,823$132,018$1,194$130,824
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,134,232
Program service revenue
$7,988
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$7,936
Compensation of officers, directors and key employees
$205,445
Other salaries and wages
$220,972
Salaries, compensation and benefits (total)
$456,094
Professional fundraising fees
$0
Legal fees
$2,944
Travel
$4,921
Depreciation
$6,739
Program services (functional)
$564,730
Management and general (functional)
$62,521
Fundraising (functional)
$75,593

Balance sheet and other

Total assets, start of year
$132,018
Total assets, end of year
$574,751
Total liabilities, end of year
$4,551
Net assets, end of year
$570,200
Land, buildings and equipment
$10,110
Gross receipts
$1,142,220
Employees
6
Volunteers
0
Year formed
2021
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BENJAMIN KRAMERTREASURER
Trustee or director, Officer
40$75,443
NICHOLAS LASHAWPRESIDENT
Trustee or director, Officer
40$67,768
MICHAEL ROACHVICE PRESIDENT
Trustee or director, Officer
40$62,233
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
BENJAMIN KRAMERTREASURER
Officer
20$60,289
NICHOLAS LASHAWPRESIDENT
Officer
40$36,789
MICHAEL ROACHVICE PRESIDE
Officer
20$0

Address and contacts

Address (IRS master file)
6490 STATE ROUTE 179, SEDONA, AZ 86351-7978
In care of
% NICHOLAS LASHAW
Principal officer (990 for 2024)
NICHOLAS LASHAW, 6490 ST RTE 179, SEDONA, AZ 86351
Signed the 990
NICHOLAS LASHAW, PRESIDENT
Phone
(480) 658-7404
Return prepared by
SIM NUMERALS LLC

Mission

TRANSLATION, PRESERVATION, AND DISSEMINATION OF ANCIENT WISDOM INTO THE MODERN WORLD IN A WAY THAT IS RELEVANT, ACCESSIBLE, AND ACCURATE.

990 for the year ended December 31, 2024

Program accomplishments

  • 1) PRESERVE EXISTING SOURCES OF ANCIENT WISDOM2) TRANSLATE ANCIENT WISDOM INTO MODERN LANGUAGES3) SHARE THE IDEAS CONTAINED WITHIN THESE SOURCES
    Expenses $564,730 · grants $7,936 · revenue $7,988

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-1222674
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X50)
Assets (IRS master file)
$574,751
Income (IRS master file)
$1,142,220

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,142,220$702,844$574,751IRS
990December 2023$273,905$363,728$132,018XML
990December 2022$329,637$268,091$225,687IRS
990December 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about DIAMOND CUTTER CLASSICS

What is the EIN of DIAMOND CUTTER CLASSICS?
The employer identification number (EIN) of DIAMOND CUTTER CLASSICS is 86-1222674.
Is DIAMOND CUTTER CLASSICS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to DIAMOND CUTTER CLASSICS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DIAMOND CUTTER CLASSICS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DIAMOND CUTTER CLASSICS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DIAMOND CUTTER CLASSICS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DIAMOND CUTTER CLASSICS?
The 990 for the year ended December 31, 2024 names NICHOLAS LASHAW.
Who are the officers and directors of DIAMOND CUTTER CLASSICS?
The 990 for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $75,443 (BENJAMIN KRAMER, TREASURER).
How much revenue does DIAMOND CUTTER CLASSICS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,142,220, expenses of $702,844 and total assets of $574,751 at year end.

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