Skydive for Veterans
Nonprofit profile at a glance
- EIN
- 822239360
- IRS 990 coverage
- 2019–2025
- Forms available
- Form 990 2025
- Location
- Branford, CT, USA
- Phone
- 2033152717
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $50,759
- Expenses
- $53,846
- Assets
- $6,289
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- RONALD WICKHAM (PRESIDENT)
People named in this filing
- RONALD WICKHAM (PRESIDENT)
- TIM RYAN (DIRECTOR)
- CHRISTIE CRESCENZI (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Raise funds for veterans, all our proceeds go to house of heroes ct chapter in hamden, ct and work vessels for vets located in noank, ct.
What it reported doing in 2025
Proceeds go to house of heroes ct chapter in hamden, ct and work vessels for vets located in noank, Connecticut, and other veteran organizations in connecicut
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 88
- Accountability: 94
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 97.2%; rating input score 97; 60th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6.1%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 11; 11th 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 58; 58th percentile among comparable filings
Growth
- Program expense growth: 22.1% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 20.7% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 25% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 6 of 6 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 18 of 19 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants
- Filing history: 6 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 58/100.