Divers Alert Network EIN 56-1696689

Divers Alert Network FY2022 filing

EIN  56-1696689 Public charity (501(c)(3)) Durham, NC Founded 1990
Form 990 (PDF)
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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 · $307K
Money in and out
$12.6M revenue, $11.0M expenses

Provides emergency medical help and promotes dive safety through research and education. For fiscal year 2022 it reported $12.6M in revenue, $11.0M in expenses, and $38.8M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$12.6M
Pt VIII · Ln 12
Total expenses
$11.0M
Pt IX · Ln 25
Net assets
$38.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.6M
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.35 Fundraising $0.01

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$12.6M
FY2022▲ +3%
Expenses
$11.0M
FY2022▲ +11%
Total assets
$43.4M
FY2022▲ +16%
Total liabilities
$4.6M
FY2022▲ +181%
Total revenue
$12.6M
Pt VIII · Ln 12
Total expenses
$11.0M
Pt IX · Ln 25
Net assets
$38.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.6M
Total assetsPt X · Ln 16$43.4M
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

2 program services account for $7.1M of program spending, described in the organization's own filed words · FY2022.
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 196,085 (plus dependents) active memberships.

$7.1Mprogram 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 annually 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 1a10
Independent voting membersPt VI · Ln 1b9
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
$306,894Pt VII · Sec A
President and CEO
$273,184Pt VII · Sec A
VP, Corporate Controller
$142,745Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$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$8.6M · 68%
Other revenue$3.4M · 27%
Contributions & grants$522K · 4%
Investment income$140K · 1%
Program service revenue68%$8.6M
Other revenue27%$3.4M
Contributions & grants4%$522K
Investment income1%$140K
Total revenueLn 12$12.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.35 Fundraising $0.01
Program services65%$7.1M
Management & general35%$3.8M
Fundraising1%$59K
Total functional expensesLn 25$11.0M

Balance Sheet

Part X · end of year
CashLn 1$5.9M
Total assetsLn 16$43.4M
Total liabilitiesLn 26$4.6M
Total net assetsLn 32$38.8M
Months of cash on handcomputed6.4

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 · ⤓ 990 PDF
FY2023$14.3M revenue · ⤓ 990 PDF
FY2022$12.6M revenue · viewing · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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