Nonprofit · EIN 86-1222674
DIAMOND CUTTER CLASSICS
Tax-exempt · SEDONA, AZ 86351
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,142,220 | $702,844 | $439,376 | $574,751 | $4,551 | $570,200 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN KRAMER | TREASURER Trustee or director, Officer | 40 | $75,443 |
| NICHOLAS LASHAW | PRESIDENT Trustee or director, Officer | 40 | $67,768 |
| MICHAEL ROACH | VICE PRESIDENT Trustee or director, Officer | 40 | $62,233 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN KRAMER | TREASURER Officer | 20 | $60,289 |
| NICHOLAS LASHAW | PRESIDENT Officer | 40 | $36,789 |
| MICHAEL ROACH | VICE 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
- Website
- DIAMONDCUTTERCLASSICS.COM
- 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.
Program accomplishments
- 1) PRESERVE EXISTING SOURCES OF ANCIENT WISDOM2) TRANSLATE ANCIENT WISDOM INTO MODERN LANGUAGES3) SHARE THE IDEAS CONTAINED WITHIN THESE SOURCESExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,142,220 | $702,844 | $574,751 | IRS |
| 990 | December 2023 | $273,905 | $363,728 | $132,018 | XML |
| 990 | December 2022 | $329,637 | $268,091 | $225,687 | IRS |
| 990 | December 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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