Civic Intelligence

Diamond State Classic Foundation

990EZ • Fiscal year 2024 • EIN 20-3217290

Oct 01, 2023 to Sep 30, 2024 • Filed on Jan 15, 2024

PO Box 7458Wilmington, DE 19803

(302) 563-3090

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.23x

Higher debt load relative to assets than 84% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.27x

Higher debt load relative to revenue than 89% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

10th percentile

-45%

Higher net margin than 10% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

29th percentile

-14%

Faster asset growth than 29% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

8.7%

Faster revenue growth than 57% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$30,361

Down $4,892 (-14%) from 2023

Net Assets

Down

$23,237

Down $12,016 (-34%) from 2023

Liabilities

$7,124

No earlier filing loaded for comparison.

Revenue

Up

$26,657

Up $2,144 (+8.7%) from 2023

Expenses

Up

$38,672

Up $297 (+0.8%) from 2023

Net Income

Up

-$12,015

Up $1,847 (+13%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2011: $49,702Liabilities 2011: $02011Assets 2012: $46,181Liabilities 2012: $02012Assets 2013: $36,163Liabilities 2013: $02013Assets 2014: $38,448Liabilities 2014: $02014Assets 2015: $42,220Liabilities 2015: $02015Assets 2016: $40,780Liabilities 2016: $1,1002016Assets 2017: $35,316Liabilities 2017: $5012017Assets 2018: $34,619Liabilities 2018: $1,2782018Assets 2019: $34,129Liabilities 2019: $3282019Assets 2020: $45,036Liabilities 2020: $202020Assets 2021: $53,552Liabilities 2021: $361Net Assets 2021: $53,1912021Assets 2022: $54,135Liabilities 2022: $5,020Net Assets 2022: $49,1152022Assets 2023: $35,253Net Assets 2023: $35,2532023Assets 2024: $30,361Liabilities 2024: $7,124Net Assets 2024: $23,2372024Assets 2025: $32,263Liabilities 2025: $6,524Net Assets 2025: $25,7392025

Highlighted filing

2024

Assets$30,361
Liabilities$7,124
Net Assets$23,237

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2011: $43,785Expenses 2011: $48,302Net Income 2011: -$4,5172011Revenue 2012: $53,564Expenses 2012: $57,085Net Income 2012: -$3,5212012Revenue 2013: $41,486Expenses 2013: $51,504Net Income 2013: -$10,0182013Revenue 2014: $56,089Expenses 2014: $53,804Net Income 2014: $2,2852014Revenue 2015: $62,939Expenses 2015: $59,167Net Income 2015: $3,7722015Revenue 2016: $56,320Expenses 2016: $58,861Net Income 2016: -$2,5412016Revenue 2017: $51,513Expenses 2017: $56,378Net Income 2017: -$4,8652017Revenue 2018: $55,325Expenses 2018: $56,800Net Income 2018: -$1,4752018Revenue 2019: $54,375Expenses 2019: $53,914Net Income 2019: $4612019Revenue 2020: $57,367Expenses 2020: $46,152Net Income 2020: $11,2152020Revenue 2021: $18,652Expenses 2021: $10,477Net Income 2021: $8,1752021Revenue 2022: $28,973Expenses 2022: $33,049Net Income 2022: -$4,0762022Revenue 2023: $24,513Expenses 2023: $38,375Net Income 2023: -$13,8622023Revenue 2024: $26,657Expenses 2024: $38,672Net Income 2024: -$12,0152024Revenue 2025: $16,722Expenses 2025: $14,220Net Income 2025: $2,5022025

Highlighted filing

2024

Revenue$26,657
Expenses$38,672
Net Income-$12,015
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jan 15, 2024
Return Version
2023v6.0
Gross Receipts
$26,657
Mission and Program Overview

Mission

The mission of the diamond state classic foundation is: 1.to support the andrew mcdonough b+ foundation. 2.to highlight girls basketball in the state of delaware by bringing in some teams that delaware teams would not normally play. 3.to aid other fine charities such as the special olympics. 4.to raise scholarship money for deserving female basketball players.

Program Services

DescriptionGrantsExpenses
THE DIAMOND STATE CLASSIC FOUNDATION - A NON-PROFIT ORGANIZATION, THE DIAMOND STATE CLASSIC FOUNDATION IS DEDICATED TO RAISING SCHOLARSHIP MONEY TO AWARD TO QUALIFYING AND DESERVING GRADUATING SENIOR HIGH SCHOOL FEMALE ATHLETES IN THE STATE OF DELAWARE. IN ADDITION TO THIS, THE SPECIAL OLYMPICS DELAWARE, THE ANDREW MCDONOUGH B+ FOUNDATION, AND OTHER DELAWARE CHARITIES HAVE BENEFITED FROM GRANTS. OVER THE PAST 20 YEARS OF OPERATION, WE HAVE AWARDED OVER 950,000 IN SCHOLARSHIPS AND GRANTS. THE DIAMOND STATE CLASSIC IS A NATIONAL HIGH SCHOOL GIRLS VARSITY BASKETBALL TOURNAMENT HELD ANNUALLY FROM DECEMBER 27 THROUGH DECEMBER 30. SPONSORED BY THE DIAMOND STATE CLASSIC FOUNDATION, AND HOSTED BY THE TATNALL SCHOOL, THE TOURNAMENT IS OPERATED AND RUN PRIMARILY BY IAABO BOARD 11 ACTIVE AND RETIRED MEMBERS, AND OTHER DEDICATED INDIVIDUALS WHO VOLUNTEER THEIR TIME AND SERVICES. CORPORATE SPONSORS HAVE GENEROUSLY SUPPORTED OUR EFFORTS TO PROVIDE A QUALITY EXPERIENCE FOR ALL TEAMS PARTICIPATING IN THE DIAMOND STATE CLASSIC.$17,500$38,672
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN MEEKERDirector-$0--
PAUL ZOPPISecretary-$0--
TIMOTHY REGENAUERTreasurer-$0--
KELLY CALLAHANDirector-$0--
DAN MONIGLEPresident-$0--
ANDREW MILHAMVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
Diamond State Classic Foundation
EIN
20-3217290
Address
PO BOX 7458, WILMINGTON, DE 19803

Signing Officer

Name
Timothy Regenauer
Title
Treasurer
Signed
2024-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Dingle & Kane Pa
Address
356 EAST MAIN STREET STE 100, NEWARK, DE 19711
Preparer
William J Kane Sr CPA
Phone
3027315200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

CASH CONTRIBUTION: 6,500

Form 990-ez, Part I, Line 10

Name: b+ foundation address: 101 rockland circle wilmington, de 19803 cash contribution: 6,000

Form 990-ez, Part I, Line 16

Ticket and program sales cost of goods sold 40 expenses advertising 15 meeting expense 293 property insurance 439 tournament operations 3,495 business registration fee 145 postage and mailing 256 charitable contribution 1,210 hospitality room 189 volunteer awards 50 team related apparel 4,199 telephone, telecom, web 328 site maintenance services 135 athletic trainers 1,800 team lodging 7,177 e-filing fees 3 equipment rental 200 office business expenses 123 total 20,097

Form 990-ez, Part II, Line 24

Credit card overpayment 8,262 0 total 8,262 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 7,112 credit card 0 12

Form 990-ez, Part III

The mission of the diamond state classic foundation is: 1.to support the andrew mcdonough b+ foundation. 2.to highlight girls basketball in the state of delaware by bringing in some teams that delaware teams would not normally play. 3.to aid other fine charities such as the special olympics. 4.to raise scholarship money for deserving female basketball players.

Form 990-ez, Part III, Line 28

The diamond state classic foundation - a non-profit organization, the diamond state classic foundation is dedicated to raising scholarship money to award to qualifying and deserving graduating senior high school female athletes in the state of delaware. In addition to this, the special olympics delaware, the andrew mcdonough b+ foundation, and other delaware charities have benefited from grants. Over the past 20 years of operation, we have awarded over 950,000 in scholarships and grants. The diamond state classic is a national high school girls varsity basketball tournament held annually from december 27 through december 30. Sponsored by the diamond state classic foundation, and hosted by the tatnall school, the tournament is operated and run primarily by iaabo board 11 active and retired members, and other dedicated individuals who volunteer their time and services. Corporate sponsors have generously supported our efforts to provide a quality experience for all teams participating in the diamond state classic.

Raw XML Appendix178 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TIM REGENAUER
IRS990EZ/BooksInCareOfDetail/PhoneNum03025633090
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 7458
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026990
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030361
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015360
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-12015
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0475
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt035252
IRS990EZ/Form990TotalAssetsGrp/EOYAmt030361
IRS990EZ/GrantsAndSimilarAmountsPaidAmt017500
IRS990EZ/GrossReceiptsAmt026657
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt034
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt035252
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023237
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt035252
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023237
IRS990EZ/OccupancyRentUtltsAndMaintAmt0600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt44.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt54.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVEN MEEKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL ZOPPI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIMOTHY REGENAUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KELLY CALLAHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAN MONIGLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ANDREW MILHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt08262
IRS990EZ/OtherExpensesTotalAmt020097
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE DIAMOND STATE CLASSIC FOUNDATION IS: 1.TO SUPPORT THE ANDREW MCDONOUGH B+ FOUNDATION. 2.TO HIGHLIGHT GIRLS BASKETBALL IN THE STATE OF DELAWARE BY BRINGING IN SOME TEAMS THAT DELAWARE TEAMS WOULD NOT NORMALLY PLAY. 3.TO AID OTHER FINE CHARITIES SUCH AS THE SPECIAL OLYMPICS. 4.TO RAISE SCHOLARSHIP MONEY FOR DESERVING FEMALE BASKETBALL PLAYERS.
IRS990EZ/ProgramServiceRevenueAmt011263
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE DIAMOND STATE CLASSIC FOUNDATION - A NON-PROFIT ORGANIZATION, THE DIAMOND STATE CLASSIC FOUNDATION IS DEDICATED TO RAISING SCHOLARSHIP MONEY TO AWARD TO QUALIFYING AND DESERVING GRADUATING SENIOR HIGH SCHOOL FEMALE ATHLETES IN THE STATE OF DELAWARE. IN ADDITION TO THIS, THE SPECIAL OLYMPICS DELAWARE, THE ANDREW MCDONOUGH B+ FOUNDATION, AND OTHER DELAWARE CHARITIES HAVE BENEFITED FROM GRANTS. OVER THE PAST 20 YEARS OF OPERATION, WE HAVE AWARDED OVER 950,000 IN SCHOLARSHIPS AND GRANTS. THE DIAMOND STATE CLASSIC IS A NATIONAL HIGH SCHOOL GIRLS VARSITY BASKETBALL TOURNAMENT HELD ANNUALLY FROM DECEMBER 27 THROUGH DECEMBER 30. SPONSORED BY THE DIAMOND STATE CLASSIC FOUNDATION, AND HOSTED BY THE TATNALL SCHOOL, THE TOURNAMENT IS OPERATED AND RUN PRIMARILY BY IAABO BOARD 11 ACTIVE AND RETIRED MEMBERS, AND OTHER DEDICATED INDIVIDUALS WHO VOLUNTEER THEIR TIME AND SERVICES. CORPORATE SPONSORS HAVE GENEROUSLY SUPPORTED OUR EFFORTS TO PROVIDE A QUALITY EXPERIENCE FOR ALL TEAMS PARTICIPATING IN THE DIAMOND STATE CLASSIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt017500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt038672
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07124
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt038672
IRS990EZ/TotalProgramServiceExpensesAmt038672
IRS990EZ/TotalRevenueAmt026657
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0DIAMONDSTATECLASSIC.ORG
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt015360
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt012977
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt023105
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt018019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt024660
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt094121
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0181
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07280
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt018848
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt035528
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt05963
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt04208
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02338
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt013823
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt026332
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0181
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal509Amt0155981
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt026623
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt024465
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt028943
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt018619
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt057331
IRS990ScheduleA/Total509Grp/TotalAmt0155981
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt026657
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt024513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt028973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt018652
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt057367
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0156162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 6,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: B+ FOUNDATION ADDRESS: 101 ROCKLAND CIRCLE WILMINGTON, DE 19803 CASH CONTRIBUTION: 6,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TICKET AND PROGRAM SALES COST OF GOODS SOLD 40 EXPENSES ADVERTISING 15 MEETING EXPENSE 293 PROPERTY INSURANCE 439 TOURNAMENT OPERATIONS 3,495 BUSINESS REGISTRATION FEE 145 POSTAGE AND MAILING 256 CHARITABLE CONTRIBUTION 1,210 HOSPITALITY ROOM 189 VOLUNTEER AWARDS 50 TEAM RELATED APPAREL 4,199 TELEPHONE, TELECOM, WEB 328 SITE MAINTENANCE SERVICES 135 ATHLETIC TRAINERS 1,800 TEAM LODGING 7,177 E-FILING FEES 3 EQUIPMENT RENTAL 200 OFFICE BUSINESS EXPENSES 123 TOTAL 20,097
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CREDIT CARD OVERPAYMENT 8,262 0 TOTAL 8,262 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 7,112 CREDIT CARD 0 12
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MISSION OF THE DIAMOND STATE CLASSIC FOUNDATION IS: 1.TO SUPPORT THE ANDREW MCDONOUGH B+ FOUNDATION. 2.TO HIGHLIGHT GIRLS BASKETBALL IN THE STATE OF DELAWARE BY BRINGING IN SOME TEAMS THAT DELAWARE TEAMS WOULD NOT NORMALLY PLAY. 3.TO AID OTHER FINE CHARITIES SUCH AS THE SPECIAL OLYMPICS. 4.TO RAISE SCHOLARSHIP MONEY FOR DESERVING FEMALE BASKETBALL PLAYERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE DIAMOND STATE CLASSIC FOUNDATION - A NON-PROFIT ORGANIZATION, THE DIAMOND STATE CLASSIC FOUNDATION IS DEDICATED TO RAISING SCHOLARSHIP MONEY TO AWARD TO QUALIFYING AND DESERVING GRADUATING SENIOR HIGH SCHOOL FEMALE ATHLETES IN THE STATE OF DELAWARE. IN ADDITION TO THIS, THE SPECIAL OLYMPICS DELAWARE, THE ANDREW MCDONOUGH B+ FOUNDATION, AND OTHER DELAWARE CHARITIES HAVE BENEFITED FROM GRANTS. OVER THE PAST 20 YEARS OF OPERATION, WE HAVE AWARDED OVER 950,000 IN SCHOLARSHIPS AND GRANTS. THE DIAMOND STATE CLASSIC IS A NATIONAL HIGH SCHOOL GIRLS VARSITY BASKETBALL TOURNAMENT HELD ANNUALLY FROM DECEMBER 27 THROUGH DECEMBER 30. SPONSORED BY THE DIAMOND STATE CLASSIC FOUNDATION, AND HOSTED BY THE TATNALL SCHOOL, THE TOURNAMENT IS OPERATED AND RUN PRIMARILY BY IAABO BOARD 11 ACTIVE AND RETIRED MEMBERS, AND OTHER DEDICATED INDIVIDUALS WHO VOLUNTEER THEIR TIME AND SERVICES. CORPORATE SPONSORS HAVE GENEROUSLY SUPPORTED OUR EFFORTS TO PROVIDE A QUALITY EXPERIENCE FOR ALL TEAMS PARTICIPATING IN THE DIAMOND STATE CLASSIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY REGENAUER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DIAMOND STATE CLASSIC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DIAM
ReturnHeader/Filer/EIN0203217290
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7458
ReturnHeader/Filer/USAddress/CityNm0WILMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019803
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510314061
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DINGLE & KANE PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0356 EAST MAIN STREET STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019711
ReturnHeader/PreparerPersonGrp/PhoneNum03027315200
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM J KANE SR CPA
ReturnHeader/ReturnTs02025-01-28T09:54:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$32.3$6.52$25.7$16.7$14.2$2.50
2024Detailed filing. Detailed filing data is available for this year.$30.4$7.12$23.2$26.7$38.7$12.0
2023Detailed filing. Detailed filing data is available for this year.$35.3$35.3$24.5$38.4$13.9
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.1$5.02$49.1$29.0$33.0$4.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.6$0.36$53.2$18.7$10.5$8.18
2020Summary only. Only limited summary data is available for this year.$45.0$0.02$57.4$46.2$11.2
2019Summary only. Only limited summary data is available for this year.$34.1$0.33$54.4$53.9$0.46
2018Summary only. Only limited summary data is available for this year.$34.6$1.28$55.3$56.8$1.48
2017Summary only. Only limited summary data is available for this year.$35.3$0.50$51.5$56.4$4.87
2016Summary only. Only limited summary data is available for this year.$40.8$1.10$56.3$58.9$2.54
2015Summary only. Only limited summary data is available for this year.$42.2$0.00$62.9$59.2$3.77
2014Summary only. Only limited summary data is available for this year.$38.4$0.00$56.1$53.8$2.29
2013Summary only. Only limited summary data is available for this year.$36.2$0.00$41.5$51.5$10.0
2012Summary only. Only limited summary data is available for this year.$46.2$0.00$53.6$57.1$3.52
2011Summary only. Only limited summary data is available for this year.$49.7$0.00$43.8$48.3$4.52