Dive Pirates Foundation FY2023 filing

Tax-deductible

The Woodlands, TX501(c)(3)Human ServicesEIN 20-2464393

To train and equip disabled persons for scuba diving.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $15K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $40K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
28
of 28 voting members
Looks good: 28 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$413K
+59% vs prior year
Spent
$439K
To programs
78%
Net assets
$121K
By yearFY2021–FY2025
Revenue
$413K
FY2023▲ +59%
Revenue by fiscal year
FY2021$214K
FY2022$260K
FY2023$413K
FY2024$323K
FY2025$433K
Expenses
$439K
FY2023▲ +83%
Expenses by fiscal year
FY2021$191K
FY2022$240K
FY2023$439K
FY2024$375K
FY2025$323K
Net assets
$121K
FY2023▼ -18%
Net assets by fiscal year
FY2021$127K
FY2022$147K
FY2023$121K
FY2024$69K
FY2025$179K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $342K Management & general 56% · $247K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

26 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Dive Pirates Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains and equips disabled individuals for scuba diving.

Provided by the organization

This section is blank until Dive Pirates Foundation claims this page.

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2 program services account for $541K of program spending, described in the organization's own filed words · FY2022.
01

Purchased equipment for adaptive diving & provided travel assistance for adaptive dive training.

$342Kprogram expense
02

Purchased equipment for adaptive diving & provided travel assistance for adaptive dive training.

$198Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$413K
Ln 12
Fees for servicesLn 2g$173K
Gifts and grantsLn 1h$127K
Other incomeLn 4–11$112K
Money outPt IX
$439K
Ln 25
Programscol B$342K
Managementcol C$247K
Owns and owesPt X
$121K
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$132K
LiabilitiesLn 26$10K
PeoplePt VI, VII
26
listed · VII A
PaidVII A0
Voting boardVI 1a28
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$127K
Fees for servicesLn 2g$173K
Investment incomeLn 3$6
Other incomeLn 4–11$112K
Total revenueLn 12$413K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$117K
Total assetsLn 16$132K
LiabilitiesLn 26$10K
Net assetsLn 32$121K
OperationsPt I, VI
EmployeesI 50
VolunteersI 675
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $433K$323K$110K$179K 990 PDF
FY2024 $323K$375K−$52K$69K 990 PDF
FY2023 Viewing $413K$439K−$26K$121K 990 PDF
FY2022 $260K$240K$20K$147K 990 PDF
FY2021 $214K$191K$23K$127K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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