Divers Alert Network
- Assets
- $37.4m
- Revenue
- $12.3m
- Investments
- $0.0
- Employees
- 39
- Location
- Durham, NC
- Founding
- 11/1990
- Data as of
- 12/2021
- EIN
- 56-1696689
Organization Overview
Divers Alert Network is located in Durham, NC. The organization was established in 1990. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Divers Alert Network employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Divers Alert Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Divers Alert Network generated $12.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $9.9m during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Divers Alert Network has awarded 17 individual grants totaling $690,016. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DAN HELPS DIVERS IN NEED WITH EMERGENCY MEDICAL INFORMATION, ASSISTANCE AND REFERRALS, AND PROMOTES DIVE SAFETY THROUGH RESEARCH, EDUCATION, PRODUCTS, AND SERVICES.
Describe the Organization's Program Activity:
DAN PROVIDES MEMBER SERVICES, INCLUDING A SUBSCRIPTION TO ALERT DIVER MAGAZINE AND OTHER MATERIAL, INFORMATION PERTAINING TO UNDERWATER SAFETY AND ACCIDENTS, AND A 24/7 EMERGENCY HOTLINE. THERE ARE CURRENTLY 131,526 (PLUS DEPENDENTS) ACTIVE MEMBERSHIPS.
DAN IS CONTINUALLY INVOLVED IN RESEARCH RELATED TO MEDICAL CONDITIONS AND PHYSIOLOGICAL RESULTS FROM UNDERWATER DIVING ACCIDENTS. THIS INFORMATION IS MADE AVAILABLE TO THE DIVING COMMUNITY THROUGHOUT THE WORLD AND IS PUBLISHED ANNUALLY IN A DIVING ACCIDENT AND FATALITY REPORT. DAN ALSO SUPPORTS A 24/7/365 EMERGENCY HOTLINE STAFFED BY PHYSICIANS AND MEDICS THAT IS AVAILABLE TO THE GENERAL PUBLIC TO ADDRESS ISSUES ARISING FROM DIVING ACCIDENT AND MEDICAL CONDITIONS THAT COULD AFFECT A PERSON'S FITNESS TO DIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Ziefle President And CEO | OfficerTrustee | 10 | $376,468 |
Theon Webster Vp, Corporate Controller | Officer | 5 | $112,774 |
William Anlyan Director | Trustee | 1 | $0 |
Douglas Stracener Director | Trustee | 1 | $0 |
Wayne Massey Director | Trustee | 1 | $0 |
G Jona Poe Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,162,005 |
| All other contributions, gifts, grants, and similar amounts not included above | $551,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,713,411 |
| Total Program Service Revenue | $5,403,530 |
| Investment income | $192,613 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,746,920 |
| Net Rental Income | $26,587 |
| Net Gain/Loss on Asset Sales | -$5,423 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $225,443 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,273,989 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $119,016 |
| Grants and other assistance to domestic individuals. | $7,013 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $530,866 |
| Compensation of current officers, directors, key employees. | $178,695 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,216,608 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $661,133 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,170 |
| Fees for services: Other | $1,287,431 |
| Advertising and promotion | $368,464 |
| Office expenses | $1,207,009 |
| Information technology | $159,199 |
| Royalties | $0 |
| Occupancy | $153,897 |
| Travel | $205,122 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,777 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $168,000 |
| Insurance | $79,421 |
| All other expenses | $0 |
| Total functional expenses | $9,937,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,586,122 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $623,757 |
| Loans from Officers, Directors, or Controlling Persons | $370,107 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $363,076 |
| Prepaid expenses and deferred charges | $153,421 |
| Net Land, buildings, and equipment | $2,585,349 |
| Investments—publicly traded securities | $4,347,951 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,388,824 |
| Total assets | $37,418,607 |
| Accounts payable and accrued expenses | $1,070,420 |
| Grants payable | $0 |
| Deferred revenue | $541,214 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,786 |
| Total liabilities | $1,631,420 |
| Net assets without donor restrictions | $31,719,363 |
| Net assets with donor restrictions | $4,067,824 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $37,418,607 |
Grants Awarded
Over the last fiscal year, Divers Alert Network has awarded $119,016 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Chapel Hill, NC PURPOSE: DIVE SAFETY | $100,000 |
Oakland, CA PURPOSE: DIVE SAFETY | $12,000 |
La Jolla, CA PURPOSE: DIVE SAFETY | $7,016 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Divers Alert Network has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
The Bost Foundation Cornelius, NC PURPOSE: OPERATIONS | $250 |
Endowment Analysis
| Beg. Balance | $3,363,925 |
| Earnings | $264,318 |
| Net Contributions | $338,862 |
| Ending Balance | $3,967,105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divers Alert Network Durham, NC | $37,418,607 | $12,273,989 |
Mecklenburg Aquatic Club Inc Charlotte, NC | $2,813,176 | $4,694,169 |
Nova Of Virginia Aquatics Inc Richmond, VA | $8,429,552 | $3,737,460 |
Occoquan Swimming Inc Manassas, VA | $416,953 | $2,263,892 |
Hollow Rock Racquet And Swim Club Inc Durham, NC | $3,219,714 | $2,479,240 |
Raleigh Swimming Association Raleigh, NC | $3,136,776 | $2,156,316 |
United States Power Squadrons Raleigh, NC | $2,932,406 | $2,085,267 |
American Canoe Association Fredericksburg, VA | $2,935,103 | $2,005,196 |
Excel Aquatics Brentwood, TN | $851,394 | $1,571,381 |
Old Dominion Boat Club Alexandria, VA | $11,245,214 | $1,105,837 |
Nashville Aquatic Club Nashville, TN | $573,153 | $1,290,870 |
Tide Swimming Virginia Beach, VA | $1,525,215 | $1,751,645 |