DIVING EQUIPMENT & MARKETING ASSOCIATION (EIN 953105902) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Phone

8586166408

Tax Period

2023-01-01 to 2023-12-31

DIVING EQUIPMENT & MARKETING ASSOCIATION, founded in 1975, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $2.7M left a modest 10% surplus.

Mission

TO PROMOTE THE ADVANCEMENT OF THE DIVING EQUIPMENT INDUSTRY. TO PROMOTE AND ENCOURAGE THE GROWTH OF DIVING ACTIVITIES, AND TO ENCHANCE THE GROWTH AND PUBLIC ENJOYMENT OF THE SPORT OF DIVING.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,938,972

Investment Income $75,045

Other Revenue $2,733

TOTAL REVENUE $3,016,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $790,081

Fundraising Expenses $0

Program Expenses $2,134,080

Other Expenses $1,919,119

TOTAL EXPENSES $2,709,200

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,016,750	$2,594,064	+0.2%
Expenses	$2,709,200	$2,388,155	+0.1%
Net Income	$307,550	$205,909	+0.5%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

$229,215

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE HOLLIS	DIRECTOR	0.50	Director	$0	$0	$0
TOM LEAIRD	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM CLINE	SR. VICE CHAIR	1.00	Officer Director	$0	$0	$0
JEFF CINCIRIPINO	DIRECTOR	0.50	Director	$0	$0	$0
STEVE WEAVER	VICE CHAIR	0.50	Officer Director	$0	$0	$0
PATRICK HAMMER	DIRECTOR	0.50	Director	$0	$0	$0
BRADLEY BARNETT	SECRETARY/TREAS	0.50	Officer Director	$0	$0	$0
JEFF MONDLE	DIRECTOR	0.50	Director	$0	$0	$0
DAN ORR	CHAIRMAN	1.50	Officer Director	$0	$0	$0
TOM PHILLIPP	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS INGRAM	PRESIDENT & CEO	40.00	Key Emp	$229,215	$0	$229,215
COLLEEN VASQUEZ	VP OF FINANCE	40.00	Highest	$166,800	$0	$166,800
NICOLE RUSSELL	VP OF OPERATIONS	40.00	Highest	$128,441	$0	$128,441

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
2024	No data	No data	No data	No data
2023	$3,016,750	$2,709,200	$2,373,415	$307,550
2022	$2,594,064	$2,388,155	$1,811,840	$205,909
2021	$1,770,899	$2,239,755	$1,315,037	$-468,856
2020	$376,101	$1,470,970	$2,030,654	$-1,094,869
2019	$3,572,108	$3,558,906	$2,501,779	$13,202
2018	$3,578,203	$3,501,358	$2,384,978	$76,845

DIVING EQUIPMENT & MARKETING ASSOCIATION