Civic Intelligence

Project Deep Inc.

990EZ • Fiscal year 2024 • EIN 04-2733972

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 19, 2024

Organization Profileprojectdeepscuba.gmail.com
264 Linden StreetHolyoke, MA 01040

(413) 536-5910

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

36th percentile

-2.8%

Higher net margin than 36% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$4,075

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

32nd percentile

-11%

Faster asset growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

36%

Faster revenue growth than 78% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$20,502

Down $2,434 (-11%) from 2023

Net Assets

Down

$19,313

Down $3,544 (-16%) from 2023

Liabilities

Up

$1,189

Up $1,110 (+1405%) from 2023

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin36th percentile

Revenue

Up

$125,026

Up $32,911 (+36%) from 2023

Expenses

Up

$128,570

Up $44,541 (+53%) from 2023

Net Income

Down

-$3,544

Down $11,630 (-144%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2011: $16,988Liabilities 2011: $505Net Assets 2011: $16,4832011Assets 2012: $21,301Liabilities 2012: $0Net Assets 2012: $21,3012012Assets 2013: $14,547Liabilities 2013: $541Net Assets 2013: $14,0062013Assets 2014: $12,207Liabilities 2014: $1,758Net Assets 2014: $10,4492014Assets 2015: $12,628Liabilities 2015: $612Net Assets 2015: $12,0162015Assets 2016: $19,813Liabilities 2016: $1,215Net Assets 2016: $18,5982016Assets 2017: $20,767Liabilities 2017: $606Net Assets 2017: $20,1612017Assets 2018: $14,397Liabilities 2018: $582Net Assets 2018: $13,8152018Assets 2019: $17,443Liabilities 2019: $891Net Assets 2019: $16,5522019Assets 2020: $6,853Liabilities 2020: $02020Assets 2021: $7,236Liabilities 2021: $02021Assets 2022: $14,830Liabilities 2022: $59Net Assets 2022: $14,7712022Assets 2023: $22,936Liabilities 2023: $79Net Assets 2023: $22,8572023Assets 2024: $20,502Liabilities 2024: $1,189Net Assets 2024: $19,3132024Assets 2025: $31,209Liabilities 2025: $1,037Net Assets 2025: $30,1722025

Highlighted filing

2024

Assets$20,502
Liabilities$1,189
Net Assets$19,313
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $103,095Expenses 2011: $107,882Net Income 2011: -$4,7872011Revenue 2012: $112,103Expenses 2012: $107,285Net Income 2012: $4,8182012Revenue 2013: $87,871Expenses 2013: $95,166Net Income 2013: -$7,2952013Revenue 2014: $101,465Expenses 2014: $105,022Net Income 2014: -$3,5572014Revenue 2015: $110,502Expenses 2015: $108,858Net Income 2015: $1,6442015Revenue 2016: $103,055Expenses 2016: $96,171Net Income 2016: $6,8842016Revenue 2017: $91,935Expenses 2017: $90,372Net Income 2017: $1,5632017Revenue 2018: $89,295Expenses 2018: $95,641Net Income 2018: -$6,3462018Revenue 2019: $94,740Expenses 2019: $92,003Net Income 2019: $2,7372019Revenue 2020: $75,190Expenses 2020: $84,889Net Income 2020: -$9,6992020Revenue 2021: $1,899Expenses 2021: $1,516Net Income 2021: $3832021Revenue 2022: $71,455Expenses 2022: $63,920Net Income 2022: $7,5352022Revenue 2023: $92,115Expenses 2023: $84,029Net Income 2023: $8,0862023Revenue 2024: $125,026Expenses 2024: $128,570Net Income 2024: -$3,5442024Revenue 2025: $154,875Expenses 2025: $144,016Net Income 2025: $10,8592025

Highlighted filing

2024

Revenue$125,026
Expenses$128,570
Net Income-$3,544
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 19, 2024
Return Version
2023v5.0
Gross Receipts
$125,026
Mission and Program Overview

Mission

Education and instruction of scuba diving, marine photography and marine science.

Program Services

DescriptionGrantsExpenses
EDUCATION AND INSTRUCTION OF SCUBA DIVING, MARINE PHOTOGRAPHY AND MARINE SCIENCE$0$114,963
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF MENARDDirectorPT$4,075-$4,075
JOANNE FARRELLBookkeeperPT$2,350-$2,350
DAY DEGENZAPresident And DirectorPT$2,200-$2,200
JASON COOKTreasurer And Clerk And DirectorPT$1,250-$1,250
Filing and Contact Details

Filer

Filer Name
Project Deep Inc
EIN
04-2733972
Phone
4135365910
Address
264 LINDEN STREET, HOLYOKE, MA 01040

Signing Officer

Name
Day DeGenza
Title
President
Phone
4135365910
Signed
2024-09-19
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^PROGRAM SERVICE REFUNDS;1075|INSTRUCTOR FEES;4845|LIFE GUARDS;3247|CERTIFICATIONS;7493|CHARTER AND DIVING EXPENSE;76801|RENTAL;13495|SUPPLIES;1557|MAINTENANCE;3989|INSURANCE;2372|PAYROLL TAXES;753|MEMBERSHIP FEES;241|BUSINESS MEETINGS;807|FILING FEES;35|MISCELLANEOUS;581^Total;117291^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^EQUIPMENT;44603|ACCUMULATED DEPRECIATION;-44603^Total;0^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^FILING FEES PAYABLE;50|PAYROLL TAXES PAYABLE;19|ACCOUNTS PAYABLE;1120^Total;1189^”

Raw XML Appendix155 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0DAY DEGENZA
IRS990EZ/BooksInCareOfDetail/PhoneNum04135365910
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0264 LINDEN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOLYOKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001040
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022587
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020502
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-3544
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt022936
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020502
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0125026
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt022857
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019313
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt022857
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019313
IRS990EZ/OccupancyRentUtltsAndMaintAmt0349
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt02200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt11250
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt24075
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt32350
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAY DEGENZA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JASON COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFF MENARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOANNE FARRELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT AND DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER AND CLERK AND DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOOKKEEPER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0349
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0117291
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION AND INSTRUCTION OF SCUBA DIVING, MARINE PHOTOGRAPHY AND MARINE SCIENCE.
IRS990EZ/PrintingPublicationsPostageAmt01055
IRS990EZ/ProgramServiceRevenueAmt0125026
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATION AND INSTRUCTION OF SCUBA DIVING, MARINE PHOTOGRAPHY AND MARINE SCIENCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0114963
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt09875
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt079
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01189
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0128570
IRS990EZ/TotalProgramServiceExpensesAmt0114963
IRS990EZ/TotalRevenueAmt0125026
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0projectdeepscuba.gmail.com
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0125026
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt092115
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt071455
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01899
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt075190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0365685
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt0365685
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0125026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt092115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt071455
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01899
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt075190
IRS990ScheduleA/Total509Grp/TotalAmt0365685
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0125026
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt092115
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt071455
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt075190
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0365685
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^PROGRAM SERVICE REFUNDS;1075|INSTRUCTOR FEES;4845|LIFE GUARDS;3247|CERTIFICATIONS;7493|CHARTER AND DIVING EXPENSE;76801|RENTAL;13495|SUPPLIES;1557|MAINTENANCE;3989|INSURANCE;2372|PAYROLL TAXES;753|MEMBERSHIP FEES;241|BUSINESS MEETINGS;807|FILING FEES;35|MISCELLANEOUS;581^Total;117291^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^EQUIPMENT;44603|ACCUMULATED DEPRECIATION;-44603^Total;0^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^FILING FEES PAYABLE;50|PAYROLL TAXES PAYABLE;19|ACCOUNTS PAYABLE;1120^Total;1189^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Day DeGenza
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04135365910
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT DEEP INC
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0042733972
ReturnHeader/Filer/PhoneNum04135365910
ReturnHeader/Filer/USAddress/AddressLine1Txt0264 LINDEN STREET
ReturnHeader/Filer/USAddress/CityNm0HOLYOKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001040
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-09-19T09:06:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,502
Liabilities
$1,189
Net assets
$19,313
Revenue
$125,026
Expenses
$128,570
Net income
-$3,544
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.30$1.55$1.44$0.11
2024Detailed filing. Detailed filing data is available for this year.$0.21$0.01$0.19$1.25$1.29$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.92$0.84$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.00$0.15$0.71$0.64$0.08
2021Summary only. Only limited summary data is available for this year.$0.07$0.00$0.02$0.02$0.00
2020Summary only. Only limited summary data is available for this year.$0.07$0.00$0.75$0.85$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.17$0.95$0.92$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.14$0.89$0.96$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.01$0.20$0.92$0.90$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$1.03$0.96$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.01$0.12$1.11$1.09$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.02$0.10$1.01$1.05$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.01$0.14$0.88$0.95$0.07
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$1.12$1.07$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.01$0.16$1.03$1.08$0.05