Combat Diver Foundation

Preserving the history of the Combat Diver community.

Alexandria, VA   |
GuideStar Charity Check

Combat Diver Foundation

EIN: 82-4473177


The Combat Diver Foundation is a 501(c)(3) non-profit organization dedicated to preserving the history of the elite Combat Diver community. Our ultimate goal is the construction of the Combat Diver Museum that will serve as a home for the artifacts of that heritage.

Ruling year info



Lino Miani

Main address

4128 Duke Street

Alexandria, VA 22304 USA

Show more contact info



Subject area info



Population served info

Military personnel


NTEE code info

Public Foundations (T30)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms


What we aim to solve

SOURCE: Self-reported by organization

Since the US Army established the Special Forces Underwater Operations School in Key West, Florida in the 1960s, nearly every class has made a plaque to commemorate their time there. Over time the plaques have become a historical artifact of a very elite sub-community within an elite community. 50 years on, the plaques are under threat from the ravages of time, sun, and salty air. We want to help preserve the plaques and tell the stories of the many heroes depicted on them. The plaques were just the beginning however. The more we learned, the more we realized there is a deep and varied body of history that should be preserved in a dedicated museum. Our ultimate goal is to build that museum, the Combat Diver Museum to tell the amazing stories of the men on those plaques.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

The Combat Diver Museum

The Combat Diver Museum that will serve as a home for the artifacts of the history and heritage of our community.

Population(s) Served
Military personnel

CDF commissions an original work of art that captures the history and culture of the Combat Diver community.

Population(s) Served

This is the virtual extension of the Combat Diver Museum.

Population(s) Served
Military personnel
Military personnel

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

-Preserve the SFUWO class plaques
-Build the Combat Diver Museum to display the history of the Combat Diver community and its connection to US history

We will work with the US Army John F. Kennedy Special Warfare Center and School to direct programming toward our objectives. We first intend to build the credibility of the Combat Diver Foundation both with the command and the community; conduct fundraising; and direct programming toward preservation of the plaques and ultimately construction and operation of the Combat Diver Museum.

We have an Events and Media Staff, and a Virtual Combat Diver Museum which are the first steps toward fundraising and historical preservation.

We have established our organization, the mechanisms for fundraising, and an online presence to get the word out. We have a Board of Directors and Board of Advisors.

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990


Average of 6.89 over 3 years

Months of cash in 2022 info

SOURCE: IRS Form 990


Average of 29.9 over 3 years

Fringe rate in 2022 info

SOURCE: IRS Form 990


Average of 0% over 3 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Combat Diver Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Combat Diver Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Combat Diver Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Combat Diver Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $17,420 $42,160 -$5,672
As % of expenses 131.1% 329.0% -14.6%
Unrestricted surplus (deficit) after depreciation $17,420 $42,160 -$5,672
As % of expenses 131.1% 329.0% -14.6%
Revenue composition info
Total revenue (unrestricted & restricted) $42,715 $54,976 $33,157
Total revenue, % change over prior year 0.0% 28.7% -39.7%
Program services revenue 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0%
All other grants and contributions 76.6% 20.7% 60.8%
Other revenue 23.4% 79.3% 39.2%
Expense composition info
Total expenses before depreciation $13,292 $12,816 $38,829
Total expenses, % change over prior year 0.0% -3.6% 203.0%
Personnel 0.0% 0.0% 51.3%
Professional fees 37.8% 0.0% 0.0%
Occupancy 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.4%
Pass-through 0.0% 0.0% 0.0%
All other expenses 62.2% 100.0% 48.3%
Full cost components (estimated) info 2020 2021 2022
Total expenses (after depreciation) $13,292 $12,816 $38,829
One month of savings $1,108 $1,068 $3,236
Debt principal payment $0 $0 $0
Fixed asset additions $0 $0 $0
Total full costs (estimated) $14,400 $13,884 $42,065

Capital structure indicators

Liquidity info 2020 2021 2022
Months of cash 19.7 53.9 16.1
Months of cash and investments 19.7 53.9 16.1
Months of estimated liquid unrestricted net assets 16.1 56.2 16.8
Balance sheet composition info 2020 2021 2022
Cash $21,828 $57,578 $52,193
Investments $0 $0 $0
Receivables $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 25.5% 9.6% 10.7%
Unrestricted net assets $17,846 $60,006 $54,334
Temporarily restricted net assets N/A N/A N/A
Permanently restricted net assets N/A N/A N/A
Total restricted net assets $0 $0 $0
Total net assets $17,846 $60,006 $54,334

Key data checks

Key data checks info 2020 2021 2022
Material data errors No No No


The people, governance practices, and partners that make the organization tick.


Lino Miani

Lino Miani is the President of the Combat Diver Foundation. He is a retired U.S. Army Special Forces officer and a Combat Diver.

Number of employees

Source: IRS Form 990

Combat Diver Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Combat Diver Foundation

Board of directors
as of 02/15/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Lino Miani

Board co-chair

Stephen Cain

Stephen Cain

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 2/11/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data


No data