Padi Aware Foundation EIN 33-0540475

Padi Aware Foundation

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Protects oceans by connecting adventure with conservation. For fiscal year 2024 it reported $1.4M in revenue, $1.4M in expenses, and $732K in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Rcho Sta Marg, CA
Website
www.projectaware.org
Filings
4 on file (2021–2024)
Revenue
$1.4MFY2024
Expenses
$1.4M
Net assets
$732K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  33-0540475 Public charity (501(c)(3)) Rcho Sta Marg, CA
Form 990 (PDF)
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Size
$1–10M
What they do
Protects oceans by connecting adventure with conservation.
Leadership
Danna Moore · Global Operations Director · $118K
Money in and out
$1.4M revenue, $1.4M expenses
Bottom line
79% program efficiency
Where the money goes · FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$732K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$62K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.12 Fundraising $0.09
Program efficiency
79%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
3.3mo
months of highly liquid reserves at operating expense rate▼ -25% vs prior filing year
Surplus margin
-4%
revenue over expenses, this year▼ -127% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.4M
FY2024▼ -3%
Expenses
$1.4M
FY2024▲ +22%
Total assets
$830K
FY2024▼ -14%
Total liabilities
$98K
FY2024▼ -44%
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$732K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$62K
Total assetsPt X · Ln 16$830K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $1.0M of program spending, described in the organization's own filed words · FY2024.
01

Marine Protected Areas (mpas)

In partnership with blancpain, our founding partner of the padi blueprint for ocean action and its flagship program, adopt the blue, and our non-profit charity, the padi aware foundation, we are dedicated to significantly increasing the number of marine protected areas (mpas) worldwide.

$382Kprogram expense
02

Marine Debris

The aware flagship program, dive against debris, improves the health of ocean ecosystems through local action while providing valuable information about underwater debris to help inform policy change for global impact.

$322Kprogram expense
03

Vulnerable Species (sharks and Rays)

Over a third of all known shark and ray species are facing an increased risk of extinction, making them the second most vulnerable group of animals on the planet. Populations are continuously impacted by overfishing, loss of critical habitats, climate change and pollution.

$305Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPadi Aware Foundation
EINHdr · item D33-0540475
Principal addressHdr · item CRcho Sta Marg, CA
WebsiteHdr · item Jwww.projectaware.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99Z)
Ruling yearIRS BMFAug 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Global Operations Director
$118,311Pt VII · Sec A
President/Chairman
$0Pt VII · Sec A
Secretary/ Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Danna Moore$118,311$116,749$98,834$94,128

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$1.4M
Investment income$659
Other revenue$6K
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.12 Fundraising $0.09
Program services79%$1.1M
Management & general12%$174K
Fundraising9%$125K
Total functional expensesLn 25$1.4M

Balance Sheet

Part X · end of year
CashLn 1$400K
Total assetsLn 16$830K
Total liabilitiesLn 26$98K
Total net assetsLn 32$732K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $400K · Operating expenses/yr $1.4M
3.3 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.4M
79%
Management & General
Management & general $174K · Total expenses $1.4M
12%
Fundraising
Fundraising $125K · Total expenses $1.4M
9%
Cost to raise $1
Fundraising expense (3-yr avg) $105K · Solicited contributions (3-yr avg) $1.3M
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.4M · Total revenue $1.4M
100%
Government reliance
Government grants — · Total revenue $1.4M
Earned-income share
Program service revenue $0 · Total revenue $1.4M
0%
Investment reliance
Investment income $659 · Total revenue $1.4M
+0.05%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.4M
0%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $1.4M
-3%
Net-asset trend (YoY)
End of year $732K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $1.4M
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $830K
Net-asset ratio
Net assets $732K · Total assets $830K
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $830K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Danna Moore · Reported title GLOBAL OPERATIONS DIRECTOR · Highest reported compensation $118K · Total expenses $1.4M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $562K · Total expenses $1.4M
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 12%
Fundraising cost ratio 9%
Revenue growth -3%
Legal fee ratio 0.8%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 10 funders →
Grants paid · 4 grants · $252K · 2022–2024
Islamorada Dive CentreFY2024$10,000
Malama Kai FoundationHI · FY2023$10,000
Unitemized GrantFY2022$221,859

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.4M revenue · viewing · ⤓ 990 PDF
FY2023$1.4M revenue · ⤓ 990 PDF
FY2022$1.3M revenue · ⤓ 990 PDF
FY2021$814K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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