Aqua-nut Divers
Nonprofit profile at a glance
- EIN
- 611855975
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025
- Location
- Bakersfield, CA, USA
- Phone
- 6614960564
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $95,665
- Expenses
- $75,701
- Assets
- $108,570
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ERIC SCHIMON (CEO)
People named in this filing
- ERIC SCHIMON (CEO)
- MARTHA SCHIMON (SECRETARY)
- JAY LOCKRIDGE (CFO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our purposed is to certify disabled veterans to scuba dive at no cost to the student. We work with local veteran groups to identify and interview potential veterans for the program. After they have medical clearances, we teach scuba diving skills through classroom and pool environments. The certifications take place off the coast of California and are overseen by the volunteer staff of aqua-nut divers. Once certified the veterans are encouraged to continue their scuba education with other scuba classes aqua-nut divers offer within the program i.e. Advanced and rescue diver. Veterans are also trained to use specialty scuba equipment to increase their knowledge of scuba activities. Aqua-nut divers is committed to diver safety and strives to have a student to staff ratio of 2:1. To encourage veterans to continue diving, we charter dive boats throughout the year for any veteran certified in scuba diving to dive for free the day of the charter.
What it reported doing in 2025
In 2025, aqua-nut divers certified four disabled veterans as open water (beginner) scuba divers and also three disabled veterans in advanced certifications. Twelve veterans were trained to use specialty scuba equipment. These newly trained divers will be given the opportunity to increase their knowledge and skill in upcoming classes. There is no cost to the disabled veteran and all staff of aqua-nut divers volunteer their time to the organization's vision of assisting veteran's reentry into workplace and community.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 31
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28%; rating input score 28
- Program expense ratio: 35.3%; rating input score 35
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20.9%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 1.43; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -16.1% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 36.9% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 28% of revenue deployed · 35.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 28/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.