Divers Alert Network EIN 56-1696689

Divers Alert Network

EIN  56-1696689 Public charity (501(c)(3)) Durham, NC Founded 1990
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/20/26 · see original filing: IRS
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Size
$10–100M
What they do
Provides emergency medical help and promotes dive safety through research and education.
Leadership
Panchabi Vaithiyanathan · COO/CIO · $338K
Money in and out
$13.4M revenue, $13.4M expenses
Bottom line
48% program efficiency

Provides emergency medical help and promotes dive safety through research and education. For fiscal year 2024 it reported $13.4M in revenue, $13.4M in expenses, and $46.6M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$13.4M
Pt VIII · Ln 12
Total expenses
$13.4M
Pt IX · Ln 25
Net assets
$46.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3K
Where spending went · Part IX cols B–D
Program services $0.48 Management & general $0.51 Fundraising $0.00
Program efficiency
48%
of spending reaches programs▼ -30% vs prior filing year
Operating runway
14.2mo
months of highly liquid reserves at operating expense rate▲ +27% vs prior filing year
Surplus margin
0%
revenue over expenses, this year▼ -100% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$13.4M
FY2024▼ -6%
Expenses
$13.4M
FY2024▼ -1%
Total assets
$49.2M
FY2024▲ +9%
Total liabilities
$2.6M
FY2024▲ +37%
Total revenue
$13.4M
Pt VIII · Ln 12
Total expenses
$13.4M
Pt IX · Ln 25
Net assets
$46.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3K
Total assetsPt X · Ln 16$49.2M
Program-expense ratioPt IX · col B48%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $6.5M of program spending, described in the organization's own filed words · FY2024.
01

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 189,679 (plus dependents) active memberships.

$6.5Mprogram expense
02

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 periodically in a diving accident and fatality report.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDivers Alert Network
EINHdr · item D56-1696689
Principal addressHdr · item CDurham, NC
WebsiteHdr · item Jdan.org
Year of formationHdr · item L1990
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N67C)
Ruling yearIRS BMFNov 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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
$338,190Pt VII · Sec A
President and CEO
$337,116Pt VII · Sec A
$198,374Pt VII · Sec A
Director Thr 12/24
$30,000Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Panchabi Vaithiyanathan’s $338K as COO/CIO is at the 58th percentile of top reported officer pay among 290 $10–100M 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
William Ziefle$337,116$318,937$273,184$376,468
Panchabi Vaithiyanathan$338,190$345,690$306,894
Theon Webster$198,374$165,286$142,745$112,774
Wayne Massey$30,000

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
Program service revenue$8.2M · 61%
Other revenue$4.1M · 31%
Contributions & grants$687K · 5%
Investment income$377K · 3%
Program service revenue61%$8.2M
Other revenue31%$4.1M
Contributions & grants5%$687K
Investment income3%$377K
Total revenueLn 12$13.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.48 Management & general $0.51 Fundraising $0.00
Program services48%$6.5M
Management & general51%$6.8M
Fundraising$48K
Total functional expensesLn 25$13.4M

Balance Sheet

Part X · end of year
CashLn 1$3.7M
Total assetsLn 16$49.2M
Total liabilitiesLn 26$2.6M
Total net assetsLn 32$46.6M
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 $15.8M · Operating expenses/yr $13.4M
14.2 months
Where the money goes
Program services
Program services $6.5M · Total expenses $13.4M
48%
Management & General
Management & general $6.8M · Total expenses $13.4M
51%
Fundraising
Fundraising $48K · Total expenses $13.4M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $52K · Solicited contributions (3-yr avg) $520K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $687K · Total revenue $13.4M
5%
Government reliance
Government grants — · Total revenue $13.4M
Earned-income share
Program service revenue $8.2M · Total revenue $13.4M
61%
Investment reliance
Investment income $377K · Total revenue $13.4M
+3%
Program self-sufficiency
Program service revenue $8.2M · Total expenses $13.4M
61%
Growth & trend
Revenue growth (YoY)
This year $13.4M · Prior year $14.3M
-6%
Net-asset trend (YoY)
End of year $46.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $13.4M · Expenses $13.4M
0%
Liabilities-to-Assets
Total liabilities — · Total assets $49.2M
Net-asset ratio
Net assets $46.6M · Total assets $49.2M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $12.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $49.2M
25%
People & payroll
Highest Reported Total Compensation
Individual Panchabi Vaithiyanathan · Reported title COO/CIO · Highest reported compensation $338K · Total expenses $13.4M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4.7M · Total expenses $13.4M
35%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 48%
Overhead ratio 51%
Fundraising cost ratio 7%
Revenue growth -6%
Investment management fee ratio 0%

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 · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 15 grants · $979K · 2021–2024
Unc Sponsored ResearchNC · FY2024$200,000
U C San Diego FoundationCA · FY2024$116,500
Unitemized GrantFY2024$9,505
U C San Diego FoundationCA · FY2023$75,000
Unitemized GrantFY2023$57,659
U C San Diego FoundationCA · FY2022$145,000
Unc Sponsored ResearchNC · FY2022$100,000
Duke UniversityNC · FY2022$8,280
Unitemized GrantFY2022$5,000
Unc Sponsored ResearchNC · FY2021$100,000
U C San Diego FoundationCA · FY2021$7,016
Unitemized GrantFY2021$7,013

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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)$13.4M revenue · viewing · ⤓ 990 PDF
FY2023$14.3M revenue · ⤓ 990 PDF
FY2022$12.6M revenue · ⤓ 990 PDF
FY2021$12.3M 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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