Learn Scuba Chicago INC

Tax-deductible

Chicago, IL501(c)(3)Recreation & SportsEIN 36-4811222Revenue $176K in FY2024

On file with the IRSlearnscubachicago.org2338 W Fullerton Ave, 60647-0293 · Chicago, ILTax-exempt since Jul 2015Publicly supported — 509(a)(2)

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Learn Scuba Chicago (lsc) seeks to provide Scuba diving access and education to the general public, to offer Scuba education programs and opportunities tailored to benefit individuals and communities with specific needs, and to promote education and conservation of underwater ecosystems.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Run by 42 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $61K a year · 40% of revenue · last 5 filings
Concern: a surplus in 0 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
Pay to officers and key staff
$19K
to officers and key staff · 7% of spending
Top officer’s pay lower than 65% of similar orgs
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $112
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$582K
256% of total assets
Concern: liabilities are 256% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 7 voting members
Looks good: 4 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$176K
+19% vs prior year
Spent
$257K
To programs
78%
Net assets
−$355K
By yearFY2020–FY2024
Revenue
$176K
FY2024▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$87K
FY2021$178K
FY2022$183K
FY2023$148K
FY2024$176K
Expenses
$257K
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$152K
FY2021$191K
FY2022$206K
FY2023$272K
FY2024$257K
Net assets
−$355K
FY2024▼ -30%
Tap a bar for its year
Net assets by fiscal year
FY2020−$101K
FY2021−$113K
FY2022−$168K
FY2023−$272K
FY2024−$355K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2015.

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% · $200K Management & general 22% · $56K

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

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Who runs it and what they're paid

8 people listed on the 990; $19K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director
$18,191Pt VII · Sec A
Former Secretary
$867Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Amy Anderson’s $18K as Director is at the 35th percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2020
Amy Anderson$18,191$3,159—
Amanda Hodgman——$2,600
Robert Huff——$963
Fatmah Alsafwani$867——
Mariel Harvey——$200

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Teaches scuba diving and promotes underwater conservation for all.

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Provided by the organization

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1 program · $200K · in their own filed words · FY2024
01

Learn scuba chicago (LSC) organized discover dives for military veterans and underpriviledged youth. In addition, LSC hosted beach cleanups and and conservation efforts on the trips that were taken.

$200Kprogram expense

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 · FY2023
Total grants receivedfrom 1 funder$112

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$176K
Ln 12
Fees for servicesLn 2g$122K
Other incomeLn 4–11$38K
Investment incomeLn 3$17K
Money outPt IX
$257K
Ln 25
Programscol B$200K
Managementcol C$56K
Owns and owesPt X
−$355K
net assets · Ln 32
Cash and savingsLn 1–2$22K
Total assetsLn 16$227K
LiabilitiesLn 26$582K
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$122K
Investment incomeLn 3$17K
Other incomeLn 4–11$38K
Gains on assetsLn 7$9K
Total revenueLn 12$176K
Assets in detailPt X, end of year
CashLn 1$13K
SavingsLn 2$10K
Cash and savings togetherLn 1–2$22K
InvestmentsLn 11–13$132K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$3K
Total assetsLn 16$227K
LiabilitiesLn 26$582K
Net assetsLn 32−$355K
OperationsPt I, VI
EmployeesI 56
VolunteersI 642
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$17K$22K
InvestmentsLn 11–13$229K$132K
Land, buildings, equipmentLn 10c$13K$4K
Total assetsLn 16$304K$227K
LiabilitiesLn 26$577K$582K
Net assetsLn 32−$272K−$355K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$19K$10K$9K$0
Other salaries and wagesLn 7$34K$26K$8K$0
Payroll taxesLn 10$4K$3K$881$0
Management feesLn 11a$8K$4K$4K$0
Accounting feesLn 11c$6K$0$6K$0
Investment management feesLn 11f$3K$0$3K$0
Other fees for servicesLn 11g$8K$5K$4K$0
Advertising and promotionLn 12$3K$3K$0$0
Office expensesLn 13$2K$2K$0$0
Information technologyLn 14$265$265$0$0
OccupancyLn 16$29K$29K$0$0
TravelLn 17$53K$53K$0$0
Conferences, conventions and meetingsLn 19$117$117$0$0
InterestLn 20$21K$0$21K$0
Depreciation, depletion and amortizationLn 22$8K$8K$0$0
InsuranceLn 23$11K$11K$0$0
Other expenses (24a–d)Ln 24$41K$41K$0$0
All other expensesLn 24e$6K$6K$253$0
Total functional expensesLn 25$257K$200K$56K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $176K$257K−$80K−$355K 990 PDF
FY2023 $148K$272K−$125K−$272K 990 PDF
FY2022 $183K$206K−$23K−$168K 990 PDF
FY2021 $178K$191K−$13K−$113K 990 PDF
FY2020 $87K$152K−$66K−$101K 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
See the full FY2024 990 (6 parts)
Part I · Summary $176,456 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,793$0
I-9 Program service revenuePrior year $150,551$121,643
I-10 Investment incomePrior year −$2,896$16,684
I-11 Other revenuePrior year −$3,600$38,129
I-12 Total revenuePrior year $147,848$176,456
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $88,814$56,876
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $183,629$199,733
I-18 Total expensesPrior year $272,443$256,609
I-19 Revenue less expensesPrior year −$124,595−$80,153
Part VI · Governance 4 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $176,456 across 5 lines filed
Lines not itemized here account for $36,174 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $331 · Excluded from tax $0$121,643
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $7,245$7,245
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $9,439$9,439
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $1,955$1,955
VIII-12 Total revenueRelated to mission $121,312 · Unrelated business $36,505 · Excluded from tax $18,639$176,456
Part IX · Statement of functional expenses $256,609 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $9,963 · Management $9,096 · Fundraising $0$19,059
IX-7 Other salaries and wagesPrograms $25,707 · Management $8,462 · Fundraising $0$34,169
IX-10 Payroll taxesPrograms $2,767 · Management $881 · Fundraising $0$3,648
IX-11a Management feesPrograms $3,916 · Management $3,916 · Fundraising $0$7,832
IX-11c Accounting feesPrograms $0 · Management $5,670 · Fundraising $0$5,670
IX-11f Investment management feesPrograms $0 · Management $3,004 · Fundraising $0$3,004
IX-11g Other fees for servicesPrograms $4,655 · Management $3,817 · Fundraising $0$8,472
IX-12 Advertising and promotionPrograms $2,623 · Management $0 · Fundraising $0$2,623
IX-13 Office expensesPrograms $2,399 · Management $0 · Fundraising $0$2,399
IX-14 Information technologyPrograms $265 · Management $0 · Fundraising $0$265
IX-16 OccupancyPrograms $29,192 · Management $0 · Fundraising $0$29,192
IX-17 TravelPrograms $52,605 · Management $0 · Fundraising $0$52,605
IX-19 Conferences, conventions and meetingsPrograms $117 · Management $0 · Fundraising $0$117
IX-20 InterestPrograms $0 · Management $21,253 · Fundraising $0$21,253
IX-22 Depreciation, depletion and amortizationPrograms $8,296 · Management $0 · Fundraising $0$8,296
IX-23 InsurancePrograms $11,011 · Management $0 · Fundraising $0$11,011
IX-24 Other expenses (24a–d)Programs $40,794 · Management $0 · Fundraising $0$40,794
IX-24e All other expensesPrograms $5,947 · Management $253 · Fundraising $0$6,200
IX-25 Total functional expensesPrograms $200,257 · Management $56,352 · Fundraising $0$256,609
Part X · Balance sheet $227,387 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $13,359$12,516
X-2 Savings and temporary cash investmentsStart of year $3,721$9,509
X-8 Inventories for sale or useStart of year $23,876$42,947
X-9 Prepaid expenses and deferred chargesStart of year $19,006$23,103
X-10c Land, buildings and equipment, netStart of year $12,680$4,384
X-11 Publicly traded securitiesStart of year $228,954$132,128
X-15 Other assetsStart of year $2,800$2,800
X-16 Total assetsStart of year $304,396$227,387
X-17 Accounts payable and accrued expensesStart of year $3,492$11,165
X-19 Deferred revenueStart of year $2,000$8,980
X-24 Unsecured notes and loans payableStart of year $480,336$470,267
X-25 Other liabilitiesStart of year $23,019$28,309
X-26 Total liabilitiesStart of year $576,616$582,490
X-32 Total net assets or fund balancesStart of year −$272,220−$355,103
X-33 Total liabilities and net assetsStart of year $304,396$227,387
Part XI · Reconciliation of net assets −$355,103 net assets at year end
XI-1 Total revenue$176,456
XI-2 Total expenses$256,609
XI-3 Revenue less expenses−$80,153
XI-4 Net assets at start of year−$272,220
XI-5 Net unrealized gains (losses) on investments$5,282
XI-6 Donated services and use of facilities−$8,012
XI-10 Net assets at end of year−$355,103

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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