Indian Diamond & Colorstone Assoc Inc
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Indian Diamond & Colorstone Assoc Inc is a 501(c)(6) organization based in New York, New York, registered in 1985, with $339,125 in FY2024 revenue. CharityIndex grades it B.
580 5th Ave Ste 625, New York, NY, 10036 EIN 13-3211019 Since 1985
Revenue (FY2024)
$339K
▼ 49.2% vs prior year
Expenses (FY2024)
$353K
Net assets
$387K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Indian Diamond & Colorstone Assoc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating13 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Indian Diamond & Colorstone Assoc Inc: 13 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Indian Diamond & Colorstone Assoc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Indian Diamond & Colorstone Assoc Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $438K (FY2013) to $339K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $23KNet assets $387K
Operating margin
-4.2%
Spent more than it raised in the latest fiscal year.
Total assets
$410K
Total liabilities
$23K
Net assets
$387K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $339,125▼49.2% | $353,263▼45.3% | $386,984▼3.5% | $409,545▼12.0% | 990 |
| 2023 | $668,029▲55.8% | $646,253▲48.0% | $401,120▲6.0% | $465,240▲7.7% | 990 |
| 2022 | $428,648▲116% | $436,536▲138% | $378,259▼2.0% | $431,826▲3.1% | 990 |
| 2021 | $198,332▲34.7% | $183,785▲39.6% | $385,929▲3.9% | $418,957▲6.7% | 990 |
| 2020 | $147,229▼20.9% | $131,678▼23.7% | $371,382▲4.4% | $392,676▼0.8% | 990 |
| 2019 | $186,018▼12.7% | $172,685▼11.2% | $355,831▲3.9% | $395,975▲5.8% | 990 |
| 2018 | $213,197▼45.0% | $194,356▼44.2% | $342,498▲5.8% | $374,092▲6.6% | 990 |
| 2017 | $387,325▼20.6% | $348,293▼31.3% | $323,657▲13.7% | $350,901▲14.9% | 990 |
| 2016 | $488,001▲11.7% | $506,683▲13.1% | $284,625▼6.2% | $305,419▼10.0% | 990 |
| 2015 | $436,792▲12.8% | $447,887▲6.2% | $303,307▼3.5% | $339,357▲0.3% | 990 |
| 2014 | $387,363▼11.6% | $421,841▲2.5% | $314,403▼9.9% | $338,236▼12.1% | 990 |
| 2013 | $437,981 | $411,571▲14.2% | $348,881▲8.2% | $384,601▲6.3% | 990 |
| 2012 | — | $360,506▼10.1% | $322,471▲19.0% | $361,664▲16.9% | 990 |
| 2011 | — | $401,105▲46.2% | $270,991▲2.6% | $309,416▼0.3% | 990 |
| 2010 | — | $274,320 | $264,086 | $310,320 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $31K total
3 grants to Indian Diamond & Colorstone Assoc Inc totaling $31K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gemological Institute of America Inc | Promote ethical business practices | 2023 | $15,000 |
| Gemological Institute of America Inc | Promote ethical business practices | 2022 | $15,000 |
| Gemological Institute of America Inc | Sponsorship | 2015 | $700 |
Frequently asked questions
- Is Indian Diamond & Colorstone Assoc Inc a legitimate nonprofit?
- Yes. Indian Diamond & Colorstone Assoc Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 13-3211019, based in New York, New York.
- What is Indian Diamond & Colorstone Assoc Inc's EIN?
- Indian Diamond & Colorstone Assoc Inc's Employer Identification Number (EIN) is 13-3211019.
- How much revenue does Indian Diamond & Colorstone Assoc Inc report?
- Indian Diamond & Colorstone Assoc Inc reported $339,125 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Indian Diamond & Colorstone Assoc Inc have?
- CharityIndex grades Indian Diamond & Colorstone Assoc Inc B, based on financial health (reserves and operating margin).
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Data for Indian Diamond & Colorstone Assoc Inc (EIN 13-3211019) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.