Socal Divers Inc
Nonprofit profile at a glance
- EIN
- 450903528
- IRS 990-EZ coverage
- 2012–2020
- Forms available
- Form 990-EZ 2020
- Location
- Laguna Beach, CA, USA
- Phone
- 9496978991
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $49,392
- Expenses
- $48,247
- Assets
- $57
- Liabilities
- $21,109
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- CHRIS MITCHELL (CEO/PRESIDENT)
People named in this filing
- CHRIS MITCHELL (CEO/PRESIDENT)
- BREE MITCHELL (CFO/SECRETARY)
- SCOTT REICH (HEAD COACH)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The specific purpose of this corporation is to promote diving as a sport, organize and sponsor diving competitions, and provide training in the sport of diving by developing well-balanced, successful individuals who, through quality instruction of the technical, physical and psychological aspects of diving, can make a contribution in a team environment.
What it reported doing in 2020
Socal divers, inc. Participates in national and international competitions. As an organization and team, we travel to competitions in the united states of america and other countries. Participating in the world diving competition, the USA diving nationals, junior nationals and fina world junior diving championships.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.4%; rating input score 80
- Program expense ratio: 82.3%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 2.3%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 370.33; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 60.7%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -4.2% per year; rating input score 0; 50th percentile among comparable filings
- Revenue growth: -3.9% per year; rating input score 0; 51st percentile among comparable filings
- Asset growth: -15.7% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 80.4% of revenue deployed · 82.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $40K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 9 filing years from 2012 to 2020
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- Review — Sustainability: Operating margin scored 50/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.