Overview
What is Diamonds On The Rise Inc?
Diamonds On The Rise Inc. is a nonprofit organization situated in Baltimore, Maryland, specifically at 3204 Frederick Avenue. Their primary focus is on mental health, offering psychiatric rehabilitation programs and therapeutic behavioral services to individuals in need. They provide these services in a community-based setting, offering both one-on-one and group sessions. Their goal is to help individuals develop positive coping mechanisms and social behaviors that can be implemented in their daily lives. Beyond mental health, Diamonds On The Rise Inc. also functions as a youth development organization, working with at-risk and high-risk youth and families to provide enrichment and support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 20%, Zero-Star out of Four Star rating.
Diamonds On The Rise Inc has received a low rating of 20% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has not met key benchmarks such as having independent board members, which contributes to its poor governance score. Additionally, essential financial documentation is missing from its website, raising further transparency issues.
Despite some positive indicators such as a conflict of interest policy and documented board meeting minutes, the lack of a whistleblower policy and the absence of a proper financial review or compilation diminish its overall standing. With a low program expense ratio of 38.08%, it raises questions about the allocation of funds towards its mission versus administrative costs.
The overall performance of Diamonds On The Rise Inc suggests a need for improvement in both governance practices and transparency to build trust with donors and stakeholders. The absence of critical financial documents and independent oversight may hinder its effectiveness and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Diamonds On The Rise Inc legitimate?
Diamonds On The Rise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diamonds On The Rise Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $614,559
For more financial information, click here
What is the mission statement of Diamonds On The Rise Inc?
Diamonds On The Rise Inc, as a youth development organization, is committed to offering enrichment programs for at-risk and high-risk youth and their families. Their mission is to provide community-based mental health services, including one-on-one and group therapeutic sessions. These services aim to instill positive coping mechanisms and social behaviors in the youth, enabling them to effectively engage with their communities. The organization's mission also includes fostering the development of therapeutic behavioral skills to enhance the overall well-being of the youth.
Who is the CEO of Diamonds On The Rise Inc?
Elisa Tyler is the Executive Director of Diamonds On The Rise Inc.
What is the revenue of Diamonds On The Rise Inc?
Diamonds On The Rise Inc's revenue in 2022 was $745,140.
Who are the executives of Diamonds On The Rise Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $55,185
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Diamonds On The Rise Inc?
Diamonds On The Rise Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Diamonds On The Rise Inc
Diamonds On The Rise Inc, a youth development organization, is committed to enriching the lives of at-risk and high-risk youth and families. Their mission, in essence, is to provide these individuals with the necessary tools and resources to foster positive coping mechanisms and social behaviors that can be implemented within their communities. The organization achieves this through its psychiatric rehabilitation program and therapeutic behavior services. Their community-based approach involves offering one-on-one and group enrichment sessions, aiming to empower these youths and families to navigate their challenges effectively.
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Impact
October, 2024
Diamonds On The Rise Inc significantly impacts the Baltimore community by focusing on youth development and providing essential support to at-risk and high-risk youth and their families. Through its psychiatric rehabilitation program and community-based mental health services, the organization offers therapeutic behavioral services that cater to both individual and group needs.
By supplying enrichment activities and therapeutic support, Diamonds On The Rise Inc helps young people develop positive coping mechanisms and social behaviors that are crucial for their personal growth and integration within the community. The organization’s commitment to improving mental health not only empowers youth but also fosters healthier family dynamics, ultimately contributing to the well-being of the entire community. With a focus on education and enrichment, Diamonds On The Rise Inc plays a vital role in nurturing resilience and hope among those it serves, paving the way for brighter futures.
This information is meant to be a general summary of Diamonds On The Rise Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $259
- Program Service Revenue: $744,757
- Gross Receipts: $745,140
Assets and Liabilities:
- Total Assets: $686,475
- Total Liabilities: $0
- Net Assets: $686,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Government Funding
Revenue
$705,594
Enrichment Services
Revenue
$39,163
Organization Details
Founding Year
2010
Principal Officer
Elisa Tyler
Main Address
3204 Frederick Ave, Baltimore, MD, 21229
NTEE Category
Code: P30 - Human services
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