Divers Alert Network
EIN: 561696689 · Durham, NC · NTEE: N67C
Is Divers Alert Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Divers Alert Network
Divers Alert Network (EIN: 561696689) is a nonprofit organization based in Durham, NC, classified under NTEE code N67C. The organization reported total revenue of $13.6M and total assets of $49.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Divers Alert Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Divers Alert Network has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Divers Alert Network with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Divers Alert Network
Is Divers Alert Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Divers Alert Network (EIN: 561696689) insufficient data. 0 red flags identified, 0 strengths noted.
How does Divers Alert Network spend its money?
Detailed spending breakdown data is not yet available for Divers Alert Network. Check back for updated IRS 990 analysis.
Are donations to Divers Alert Network tax-deductible?
Divers Alert Network is registered as a tax-exempt nonprofit (EIN: 561696689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Divers Alert Network showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Divers Alert Network's revenue has grown by 51.4%, moving from $9.4M to $14.3M. Total assets increased by 184.8% over the same period, from $15.8M to $45.0M. Total functional expenses rose by 79%, from $7.6M to $13.5M. In its most recent filing year (2023), Divers Alert Network reported a surplus of $711K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $45.0M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $43.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $14.3M | $13.5M | $45.0M | $1.9M | — | View 990 |
| 2022 | $12.6M | $11.0M | $43.4M | $4.6M | — | View 990 |
| 2021 | $12.3M | $9.9M | $37.4M | $1.6M | — | View 990 |
| 2020 | $3.6M | $3.3M | $32.6M | $2.7M | — | — |
| 2019 | $8.3M | $8.2M | $6.0M | $1.3M | — | View 990 |
| 2018 | $8.0M | $8.3M | $5.6M | $1.3M | — | View 990 |
| 2017 | $7.9M | $7.9M | $5.5M | $763K | — | View 990 |
| 2016 | $7.2M | $7.4M | $5.5M | $752K | — | View 990 |
| 2015 | $7.9M | $7.4M | $5.6M | $865K | — | View 990 |
| 2014 | $7.7M | $7.5M | $5.5M | $995K | — | View 990 |
| 2013 | $7.7M | $7.3M | $5.0M | $672K | — | View 990 |
| 2012 | $10.2M | $8.1M | $18.1M | $1.8M | — | View 990 |
| 2011 | $9.4M | $7.6M | $15.8M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.3M, expenses of $13.5M, and assets of $45.0M (revenue +13.0% year-over-year).
- 2022: Revenue of $12.6M, expenses of $11.0M, and assets of $43.4M (revenue +2.8% year-over-year).
- 2021: Revenue of $12.3M, expenses of $9.9M, and assets of $37.4M (revenue +239.3% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.3M, and assets of $32.6M (revenue -56.6% year-over-year).
- 2019: Revenue of $8.3M, expenses of $8.2M, and assets of $6.0M (revenue +4.6% year-over-year).
- 2018: Revenue of $8.0M, expenses of $8.3M, and assets of $5.6M (revenue +1.2% year-over-year).
- 2017: Revenue of $7.9M, expenses of $7.9M, and assets of $5.5M (revenue +9.4% year-over-year).
- 2016: Revenue of $7.2M, expenses of $7.4M, and assets of $5.5M (revenue -9.4% year-over-year).
- 2015: Revenue of $7.9M, expenses of $7.4M, and assets of $5.6M (revenue +2.6% year-over-year).
- 2014: Revenue of $7.7M, expenses of $7.5M, and assets of $5.5M (revenue +0.3% year-over-year).
- 2013: Revenue of $7.7M, expenses of $7.3M, and assets of $5.0M (revenue -24.6% year-over-year).
- 2012: Revenue of $10.2M, expenses of $8.1M, and assets of $18.1M (revenue +8.8% year-over-year).
- 2011: Revenue of $9.4M, expenses of $7.6M, and assets of $15.8M.
Data Sources and Methodology
This transparency report for Divers Alert Network is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.