Nonprofit · EIN 93-4610815
DIAMOND BEAUTY ACADEMY
Tax-exempt · PHILADELPHIA, PA 19138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $217,500 | $217,500 | $0 | $18,026 | $18,026 | $0 |
| December 31, 2024 | 990-EZ | $34,679 | $12,711 | $21,968 | $21,968 | – | $21,968 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $217,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,500
- Accounting fees
- $10,800
- Occupancy
- $32,088
- Program services (functional)
- $217,500
Balance sheet and other
- Total assets, start of year
- $10,001
- Total assets, end of year
- $18,026
- Total liabilities, end of year
- $18,026
- Net assets, end of year
- $0
- Gross receipts
- $217,500
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2024
- State of legal domicile
- PA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Danielle McLane | President Trustee or director | 40 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ayana Taylor | Member | 15 | $0 |
| Danielle McLane | President | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 5929 N NORWOOD ST, PHILADELPHIA, PA 19138-2919
- In care of
- % DANIELLE MCLANE
- Principal officer (990 for 2025)
- Danielle McLane, 5929 N Norwood St, Philadelphia, PA 19138
- Signed the 990
- Danielle McLane, President
- Phone
- (610) 920-4644
Mission
To empower and equip young individuals with the knowledge skills and confidence to succeed in the beauty industry and beyond.
Program accomplishments
- Diamond Beauty Academys Beauty Builds Resilience program is a 12-week trauma-informed initiative serving youth and young adults aged 14-24 from under-resourced and violence-impacted Philadelphia communities. The program integrates cosmetic science education mental wellness practices conflict resolution and social-emotional learning to promote healing resilience and nonviolent problem-solving. During the reporting year participants engaged in hands-on product formulation labs mindfulness exercises peer support circles and life skills workshops. Youth demonstrated increased self-confidence improved emotional regulation and strengthened communication skills. The program provided positive alternatives to violence while supporting mental wellness leadership development and workforce readiness through culturally responsive healing-centered education.Expenses $153,998 · grants $70,000 · revenue $154,000
- The STEM to Skin program introduces youth and young adults to cosmetic chemistry and STEM education through beauty as an accessible entry point. Particip ants learn ingredient literacy lab safety formulation science and product development exploring career pathways in science manufacturing and the beauty industry. During the reporting year participants completed hands-on STEM labs and product development activities enhancing technical skills problem-solving abilities and interest in STEM careers. The program broadened STEM education access enhanced workforce-relevant competencies and promoted long-term economic mobility for underrepresented participants in science fields.Expenses $20,003 · grants $18,500 · revenue $20,000
- Formula to Fame is an entrepreneurship and workforce readiness program that supports youth in developing beauty-related business concepts and professional skills. Participants received instruction in branding budgeting financial literacy marketing and pitch development while exploring pathways in small business ownership and employment within the beauty and retail industries. During the reporting year participants developed business concepts practiced professional presentation skills and increased financial awareness and workplace readiness. The program strengthened leadership capacity entrepreneurial thinking and economic self-sufficiency while preparing youth for sustainable career and income opportunities.Expenses $43,499 · grants $20,000 · revenue $43,500
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 93-4610815
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $18,026
- Income (IRS master file)
- $217,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $217,500 | $217,500 | $18,026 | XML |
| 990-EZ | December 2024 | $34,679 | $12,711 | $21,968 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 93-4610815).
Questions about DIAMOND BEAUTY ACADEMY
- What is the EIN of DIAMOND BEAUTY ACADEMY?
- The employer identification number (EIN) of DIAMOND BEAUTY ACADEMY is 93-4610815.
- Is DIAMOND BEAUTY ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to DIAMOND BEAUTY ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DIAMOND BEAUTY ACADEMY 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 BEAUTY ACADEMY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DIAMOND BEAUTY ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DIAMOND BEAUTY ACADEMY?
- The 990 for the year ended December 31, 2025 names Danielle McLane.
- Who are the officers and directors of DIAMOND BEAUTY ACADEMY?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does DIAMOND BEAUTY ACADEMY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $217,500, expenses of $217,500 and total assets of $18,026 at year end.
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