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Florida · Nonprofit

THRESHER AQUATICS INC

THRESHER AQUATICS INC (Florida) receives grants from 6 organizations whose IRS filings report $66,640 to it, the largest being G4 GOOD FOUNDATION INC ($24,050). 1 of them have funded it in more than one year, and 60% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2022
$228k
Funders on record
6
Grants received
$67k
Net assets
$32k
1/6 repeat funderspeak grant-dependency 2%
01What it does

What Thresher Aquatics Inc does

Mission

Thresher Aquatics is an organization that offers life-changing experiences for adaptive SCUBA divers and their families. We provide a modern and integrative approach combining travel, adaptive SCUBA diving, and other inclusive activities. The goal is to connect people with a shared passion for conserving, protecting, and exploring the world's oceans. Thresher Aquatics welcomes certified and non-certified individuals of all abilities to share in the joy of underwater exploration. Our mission is to serve individuals living with disabilities, fostering relationships through adaptive diving experiences. We prioritize building connections within our Thresher family, which is united by a shared passion for SCUBA diving. We believe in the power of small acts of kindness to create positive ripples across their undersea community. SCUBA diving and snorkeling are avenues to forge lasting connections and create cherished memories for everyone involved in the Thresher experiences.

As stated on its FY2022 Form 990.

Programs

On its FY2022 return the organization reported starting a significant new program.

This year, we added additional Bimini, Key Largo, and local dive trips, which significantly increased the number of participants and volunteers from the previous years. We also added more training programs that we offer free of charge to all participants and volunteers.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. Local Dive trips throughout the year. We offered 12 trips this year with 4 participants per trip and 14 volunteers.

    $13,500 spent
    12% of program spending
  2. We hosted three Adaptive Dive trips to Key Largo, which included accommodations, diving, and food for participants and volunteers. These trips were 3-4 days long with 2 days of diving on each trip

    $28,925 spent
    26% of program spending
  3. We hosted three Adaptive dive trips to Bimini, which included diving and accommodations for the participants and volunteers. The trips were 5 days and 4 nights with 3 days of diving. A total of 15 participants and 57 volunteers over the three trips

    $68,297 spent
    62% of program spending

The 3 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $110,722.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($120k) Expenses 100 ($97k) Net assets 100 ($35k)2022 Revenue 190 ($228k) Expenses 234 ($226k) Net assets 91 ($32k)
20212022
Revenue (190)Expenses (234)Net assets (91)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $35k to $32k (−9%).

$35k
$32k
20212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
ContributionsProgram revenueInvestmentOther

100% of THRESHER AQUATICS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$23k
’21
$2k
’22
1.7
months of
reserve
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $20k → $10k.

4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 60% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THRESHER AQUATICS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THRESHER AQUATICS INC leans on a few funders — its largest provides 36% of grant income and the top three 81%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

60% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THRESHER AQUATICS INC.

36%
largest funder
81%
top three
~4
effective funders

Largest funder’s share by year: 2019 100% · 2021 100% · 2022 100% · 2023 99% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

60% of THRESHER AQUATICS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $27k that is directly attributable, 91% of it comes from Florida funders.

UT
FL

In-state vs out-of-state, by year

’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $40k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THRESHER AQUATICS INC has grown faster than three-quarters of the 13,251 recreation & sports nonprofits its size.

Operating margin1% · below the median
Months of reserve1.7mo · bottom quartile
Revenue growth (annualized)90% · top quartile

this organization peer median middle 50% of peers· 13,251 recreation & sports nonprofits $100k–$1M, FY2022

Organizations like THRESHER AQUATICS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

55% of spending goes to programs.

Program 55%Management 45%Fundraising 0%

Governance

5
board members
80%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for THRESHER AQUATICS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THRESHER AQUATICS INC?
THRESHER AQUATICS INC (Florida) receives grants from 6 organizations whose IRS filings report $66,640 to it, the largest being G4 GOOD FOUNDATION INC ($24,050). 1 of them have funded it in more than one year, and 60% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THRESHER AQUATICS INC have?
IRS filings report 6 organizations giving $66,640 in grants to THRESHER AQUATICS INC, 1 of which have funded it in more than one year.
Who is the largest funder of THRESHER AQUATICS INC?
G4 GOOD FOUNDATION INC is the largest funder on record, with $24,050 in grants. The full list of funders is on this page.
How can an organization like THRESHER AQUATICS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Thresher Aquatics →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2021–2022), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing