DIVING WITH A PURPOSE AND DEVELOPMENT GROUP INC

EIN: 900883785 501(c)(3) Science & Technology

Nashville, TN

Total Revenue
$299,061
Total Expenses
$171,168
Total Assets
$327,459
Net Assets
$327,459
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TN
Principal Officer
Michelle Lampkin
Phone
6152434133
Tax Period
2022-01-01 to 2022-12-31

DIVING WITH A PURPOSE AND DEVELOPMENT GROUP INC, founded in 2014, is a small nonprofit in the Science & Technology sector that reported $299K in total revenue in fiscal year 2022. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $128K, a strong 43% operating margin.

Mission

Diving with a Purpose (DWP) is a community-focused nonprofit organization dedicated to the conservation and protection of submerged heritage resources by providing education, training, certification and field experience to adults and youth in the fields of maritime archaeology and ocean conservation.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

Diving with a Purpose (DWP) is a leading international organization that provides education and training programs, mission leadership, and project support services for submerged heritage preservation...

Read more

Diving with a Purpose (DWP) is a leading international organization that provides education and training programs, mission leadership, and project support services for submerged heritage preservation and conservation projects worldwide with a focus on the African Diaspora. DWP CARES is committed to providing a foundation for participants to be able to identify key coral reef species, communicating to the public the effect of climate change on our coastal and reef ecosystems, facilitating and communicating findings (data) from reef monitoring surveys and developing participants as leaders in conservation.

Program 2
Expenses: $171,168 Revenue: $299,061

Diving with a Purpose (DWP) is a leading international organization that provides education and training programs, mission leadership, and project support services for submerged heritage preservation...

Read more

Diving with a Purpose (DWP) is a leading international organization that provides education and training programs, mission leadership, and project support services for submerged heritage preservation and conservation projects worldwide with a focus on the African Diaspora. DWP dedicated a memorial to the Tuskegee Airmen of WWII to memorialize five pilots who perished in accidents in the Port Huron, Michigan area August 28th, 2021

Program 3
Expenses: $0 Revenue: $0

Diving with a Purpose (DWP) is a community-focused nonprofit organization dedicated to the conservation and protection of submerged heritage resources by providing education, training, certification...

Read more

Diving with a Purpose (DWP) is a community-focused nonprofit organization dedicated to the conservation and protection of submerged heritage resources by providing education, training, certification and field experience to adults and youth in the fields of maritime archaeology and ocean conservation. YDWP participates gather at Biscayne National Park and learn underwater archaeology with DWP instructors, following the program listed above for DWP. They also look for ways to challenge interest and broaden knowledge related to the vast aquatic environment.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $127,389
Program Service Revenue $171,672
Investment Income $0
Other Revenue $0
TOTAL REVENUE $299,061

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $171,168
Other Expenses $0
TOTAL EXPENSES $171,168

Year-over-Year Comparison

2022 2021 Change
Revenue $299,061 $239,504 +0.2%
Expenses $171,168 $58,835 +1.9%
Net Income $127,893 $180,669 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michelle Lampkin Treasurer 10
Officer
$0 $0 $0
Jay Haigler Boardmember 10
Officer
$0 $0 $0
Kenneth Stewart Board member 20
Officer
$0 $0 $0
Josh Jones Board Member 5
Officer
$0 $0 $0
Kamau Sadaki President 10
Officer
$0 $0 $0
Kramer Wimberley Board Member 20
Officer
$0 $0 $0
Erik Denson Secretary 10
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 No data No data No data No data
2022 $299,061 $171,168 $327,459 $127,893
2021 $239,504 $58,835 $235,616 $180,669
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