Nonprofit · EIN 23-7003516
UNITED STATES NAVAL ACADEMY FOUNDATION INC
Tax-exempt · ANNAPOLIS, MD 21402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $79,865,558 | $47,764,827 | $32,100,731 | $418,994,710 | $26,329,786 | $392,664,924 |
| June 30, 2024 | 990 | $60,735,637 | $43,615,672 | $17,119,965 | $369,145,916 | $25,999,795 | $343,146,121 |
| June 30, 2023 | 990 | $42,720,596 | $44,107,220 | -$1,386,624 | $327,456,944 | $11,627,488 | $315,829,456 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $63,822,054
- Program service revenue
- $4,961,041
- Investment income
- $11,082,463
- Net gain from sales of assets
- $7,132,918
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $33,193,328
- Compensation of officers, directors and key employees
- $2,041,832
- Other salaries and wages
- $6,089,594
- Salaries, compensation and benefits (total)
- $9,234,462
- Professional fundraising fees
- $0
- Legal fees
- $38,361
- Accounting fees
- $110,652
- Occupancy
- $106,882
- Travel
- $191,725
- Depreciation
- $828,135
- Program services (functional)
- $33,193,328
- Management and general (functional)
- $2,356,714
- Fundraising (functional)
- $12,214,785
Balance sheet and other
- Total assets, start of year
- $369,145,916
- Total assets, end of year
- $418,994,710
- Total liabilities, end of year
- $26,329,786
- Net assets, end of year
- $392,664,924
- Land, buildings and equipment
- $18,345,253
- Publicly traded securities
- $70,594,087
- Net assets without donor restrictions
- $38,981,904
- Net assets with donor restrictions
- $353,683,020
- Gross unrelated business income
- $32,003
- Gross receipts
- $220,844,321
- Employees
- 65
- Volunteers
- 55
- Year formed
- 1969
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFFREY R WEBB | PRESIDENT/CEO (SEE SCH J) Trustee or director, Officer | 36 | $351,470 | $234,314 | $20,793 |
| WILLIAM O'CONNOR | SEC/EVP DEV (SEE SCH J) Officer | 50 | $396,158 | $0 | $50,578 |
| ROBERT W GAST | FORMER EVP & CFO/TREAS (SEE SCH J) Former | 0 | $170,149 | $139,213 | $15,732 |
| LISA STROBEL | EXEC DIRECTOR OF FINANCE (SEE SCH J) Officer | 27.5 | $123,176 | $100,779 | $19,980 |
| DONALD HUGHES | VP ATHLETIC & SCHOLARSHIP (SEE SCH J) Key employee | 50 | $231,211 | $0 | $11,168 |
| MIKE HOFFMAN | VP, REGIONAL DEV (SEE SCH J) Key employee | 50 | $187,122 | $0 | $49,715 |
| GARRETT KEATING | DIRECTOR, IT (SEE SCH J) Key employee | 27.5 | $88,207 | $72,169 | $40,262 |
| JOY JONES | ED, HUMAN RESOURCES (SEE SCH J) Key employee | 27.5 | $91,567 | $74,919 | $26,170 |
| NATALIE BRIANAS | ED, DONOR ENG & STRAT PTNR (SEE SCH J) Highest-paid employee | 50 | $142,621 | $0 | $39,363 |
| TIMOTHY SMITH | DR, FINANCIAL REPORTING (SEE SCH J) Highest-paid employee | 27.5 | $87,648 | $71,711 | $16,801 |
| JORDAN BAILEY | SR AD, ENTERPRISE NETWORK (SEE SCH J) Highest-paid employee | 27.5 | $76,442 | $62,544 | $33,785 |
| ADRIANNA BITOUN | ED, STAR TEAM (SEE SCH J) Highest-paid employee | 50 | $143,490 | $0 | $26,887 |
| ASHLEY J BAUER | MANAGING REGIONAL DIR, DEV (SEE SCH J) Highest-paid employee | 50 | $138,668 | $0 | $14,660 |
| JOHN COPPOLA | EVP & CFO/TREAS (BEG 9/16/24) Officer | 33 | $55,496 | $45,406 | $10,460 |
| AMB RICHARD L ARMITAGE | DIRECTOR (THRU 10/24/24) Trustee or director | 2 | $0 | $0 | $0 |
46 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR LYNNE ATKINSON | DIRECTOR Trustee or director | 2 | $0 |
| MR JAMES BELL | DIRECTOR Trustee or director | 2 | $0 |
| MAJGEN CHARLES F BOLDEN JR USMC R | DIRECTOR Trustee or director | 2 | $0 |
| MR CHARLES H CANNON JR | DIRECTOR Trustee or director | 2 | $0 |
| MR JOHN F CROWLEY | DIRECTOR Trustee or director | 2 | $0 |
| RADM AB CRUZ III | DIRECTOR Trustee or director | 2 | $0 |
| MR WILLIAM DAVIS | DIRECTOR Trustee or director | 2 | $0 |
| MR DAVID P DAWSON | DIRECTOR Trustee or director | 2 | $0 |
| MR GEORGE DENNIS | DIRECTOR Trustee or director | 2 | $0 |
| CDR JOHN M DILLON USNR RET | DIRECTOR Trustee or director | 2 | $0 |
| ADM JAMES O ELLIS JR USN RET | DIRECTOR Trustee or director | 2 | $0 |
| ADM MARK E FERGUSON III USN RET | DIRECTOR Trustee or director | 2 | $0 |
| MR ALFRED E FESTA | DIRECTOR Trustee or director | 2 | $0 |
| MR MATTHEW R GIBSON | DIRECTOR Trustee or director | 2 | $0 |
| ADM CECIL D HANEY USN RET | DIRECTOR Trustee or director | 2 | $0 |
| MR MICHAEL HEMOCOVICH | DIRECTOR Trustee or director | 2 | $0 |
| VADM MARY JACKSON | DIRECTOR Trustee or director | 2 | $0 |
| MR THOMAS C KNUDSON | DIRECTOR Trustee or director | 2 | $0 |
| MR TIG H KREKEL | DIRECTOR Trustee or director | 2 | $0 |
| MS GREER O LAUTRUP | DIRECTOR Trustee or director | 2 | $0 |
| MRS MARY LOOKER | DIRECTOR (THRU 2/27/25) Trustee or director | 2 | $0 |
| MR JERROLD L MILLER | DIRECTOR Trustee or director | 2 | $0 |
| MR CHARLEY MOORE | DIRECTOR Trustee or director | 2 | $0 |
| ADM WILLIAM F MORAN USN RET | DIRECTOR Trustee or director | 2 | $0 |
| ADM MICHAEL G MULLEN USN RET | DIRECTOR Trustee or director | 2 | $0 |
| ADM ROBERT J NATTER USN RET | DIRECTOR Trustee or director | 2 | $0 |
| LCDR RONALD L NICOL USNR | DIRECTOR Trustee or director | 2 | $0 |
| MR C MICHAEL PETTERS | DIRECTOR Trustee or director | 2 | $0 |
| MR ROBERT V PRAGADA | DIRECTOR Trustee or director | 2 | $0 |
| MR PAUL B PRAGER | DIRECTOR Trustee or director | 2 | $0 |
| MR DAVID B RICH | DIRECTOR Trustee or director | 2 | $0 |
| VADM JOHN R RYAN USN RET | DIRECTOR Trustee or director | 2 | $0 |
| MR JOHN SEMCKEN | DIRECTOR Trustee or director | 2 | $0 |
| MR KEVIN W SHARER | DIRECTOR Trustee or director | 2 | $0 |
| MS JOANNA SOHOVICH | DIRECTOR Trustee or director | 2 | $0 |
| MR PATRICK SULLIVAN | DIRECTOR Trustee or director | 2 | $0 |
| MR TIMOTHY P SULLIVAN | DIRECTOR Trustee or director | 2 | $0 |
| MR MICHAEL W TAYLOR | DIRECTOR Trustee or director | 2 | $0 |
| MR J RONALD TERWILLIGER | DIRECTOR Trustee or director | 2 | $0 |
| RADM CYNTHIA M THEBAUD USN RET | DIRECTOR Trustee or director | 2 | $0 |
| VADM JAN TIGHE USN | DIRECTOR Trustee or director | 2 | $0 |
| MR JOHN UNDERWOOD | DIRECTOR (BEG 5/1/25) Trustee or director | 2 | $0 |
| MS MARY KAY WEGNER | DIRECTOR Trustee or director | 2 | $0 |
| MR SCOTT W WINE | DIRECTOR Trustee or director | 2 | $0 |
| MR J MICHAEL YEAGER | DIRECTOR Trustee or director | 2 | $0 |
| MR JOHN F YOUNG | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 62 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFFREY R WEBB | PRESIDENT/CEO (SEE SCH J) Trustee or director, Officer | 36 | $337,238 | $224,824 | $27,214 |
| WILLIAM O'CONNOR | SEC/EVP DEV (SEE SCH J) Officer | 50 | $382,539 | $0 | $54,325 |
| ROBERT W GAST | EVP & CFO/TREAS (THRU 5/10/24) (SEE SCH J) Officer | 33 | $161,163 | $131,860 | $49,233 |
| DONALD HUGHES | VP ATHLETIC & SCHOLARSHIP PR (SEE SCH J) Key employee | 50 | $222,194 | $0 | $11,568 |
| MIKE HOFFMAN | VP, REGIONAL DEV (SEE SCH J) Key employee | 50 | $175,911 | $0 | $46,848 |
| LISA STROBEL | EXEC DIRECTOR OF FINANCE (SEE SCH J) Officer | 27.5 | $109,217 | $89,361 | $21,118 |
| GARRETT KEATING | DIRECTOR, IT (SEE SCH J) Key employee | 27.5 | $82,950 | $67,868 | $41,000 |
| JOY JONES | ED, HUMAN RESOURCES (SEE SCH J) Key employee | 27.5 | $85,474 | $69,934 | $28,261 |
| ADRIANNA BITOUN | ED, STAR TEAM (SEE SCH J) Highest-paid employee | 50 | $137,569 | $0 | $37,510 |
| NATALIE BRIANAS | ED, DONOR ENG & STRAT PTNR (SEE SCH J) Highest-paid employee | 50 | $133,088 | $0 | $40,174 |
| TIMOTHY SMITH | DR, FINANCIAL REPORTING (SEE SCH J) Highest-paid employee | 27.5 | $85,043 | $69,581 | $16,972 |
| ASHLEY J BAUER | MANAGING REGIONAL DIR, DEVELOPMENT Highest-paid employee | 50 | $129,082 | $0 | $14,319 |
| JORDAN BAILEY | SR AD, ENTERPRISE NETWORK & SECURITY Highest-paid employee | 27.5 | $72,180 | $59,055 | $7,444 |
| AMB RICHARD L ARMITAGE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DR LYNNE ATKINSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR WILLIAM A BASTIAN II | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR JAMES BELL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MAJGEN CHARLES F BOLDEN JR USMC R | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR CHARLES H CANNON JR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR HARRY COKER JR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR JOHN F CROWLEY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| RADM AB CRUZ III | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR WILLIAM DAVIS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR DAVID P DAWSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR GEORGE DENNIS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CDR JOHN M DILLON USNR RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM JAMES O ELLIS JR USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM MARK E FERGUSON III USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR ALFRED E FESTA | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR MATTHEW R GIBSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM CECIL D HANEY USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR MICHAEL HEMOCOVICH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VADM MARY JACKSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR RICHARD L KEYSER | DIRECTOR (THRU 10/26/23) Trustee or director | 2 | $0 | $0 | $0 |
| MR THOMAS C KNUDSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR TIG H KREKEL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MS GREER O LAUTRUP | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MRS MARY LOOKER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR JERROLD L MILLER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR CHARLEY MOORE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM WILLIAM F MORAN USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM MICHAEL G MULLEN USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM ROBERT J NATTER USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| LCDR RONALD L NICOL USNR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR C MICHAEL PETTERS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR ROBERT V PRAGADA | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR PAUL B PRAGER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR DAVID B RICH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VADM JOHN R RYAN USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR JOHN SEMCKEN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR KEVIN W SHARER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MS JOANNA SOHOVICH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR PATRICK SULLIVAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR TIMOTHY P SULLIVAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR MICHAEL W TAYLOR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR J RONALD TERWILLIGER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| RADM CYNTHIA M THEBAUD USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VADM JAN TIGHE USN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MS MARY KAY WEGNER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR SCOTT W WINE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR J MICHAEL YEAGER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR JOHN F YOUNG | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 58 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BYRON F MARCHANT | FORMER PRES/CEO (THRU 3/22) (SEE SCH J) Former | 36 | $588,497 | $392,331 | $11,878 |
| WILLIAM O'CONNOR | SEC/EVP DEV (SEE SCH J) Officer | 50 | $422,728 | $0 | $48,868 |
| ROBERT W GAST | CFO/TREAS (SEE SCH J) Officer | 33 | $184,475 | $150,934 | $36,590 |
| MR JEFFREY R WEBB | PRES/CEO (BEG 6/13/22)(SEE SCH J) Trustee or director, Officer | 36 | $187,555 | $125,037 | $31,610 |
| DONALD HUGHES | VP ATHLETIC & SCHOLARSHIP PR (SEE SCH J) Key employee | 50 | $238,556 | $0 | $10,886 |
| LISA STROBEL | SR DIR FIN & TREAS OPS (SEE SCH J) Officer | 27.5 | $109,102 | $89,264 | $20,669 |
| JOHN RUDDER | VP DEVELOPMENT (SEE SCH J) Highest-paid employee | 50 | $174,861 | $0 | $39,348 |
| MIKE HOFFMAN | ED, REGIONAL DEV (SEE SCH J) Highest-paid employee | 50 | $163,570 | $0 | $40,861 |
| PATRICIA BENDER | SR DIR, PLANNED GIVING (SEE SCH J) Highest-paid employee | 50 | $150,462 | $0 | $20,232 |
| TIMOTHY SMITH | DIR, FINANCIAL REPORTING (SEE SCH J) Highest-paid employee | 33 | $82,107 | $67,180 | $17,414 |
| HARRY YEISER | SEN DIR, ANNUAL PROGRAMS (SEE SCH J) Highest-paid employee | 50 | $148,568 | $0 | $9,838 |
| AMB RICHARD L ARMITAGE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DR LYNNE ATKINSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR WILLIAM A BASTIAN II | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR JIM BELL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MAJGEN CHARLES F BOLDEN JR USMC R | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR CHARLES H CANNON JR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR HARRY COKER JR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR JOHN F CROWLEY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR DAVID DAWSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CDR JOHN M DILLON USNR RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM JAMES O ELLIS JR USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM MARK E FERGUSON III USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR ALFRED E FESTA | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR MATTHEW R GIBSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM CECIL D HANEY USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR MICHAEL HEMOCOVICH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VADM MARY JACKSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR RICHARD L KEYSER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR THOMAS C KNUDSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR TIG H KREKEL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MS GREER O LAUTRUP | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MRS MARY LOOKER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| RADM THOMAS C LYNCH USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR JERROLD L MILLER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR CHARLEY MOORE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM MICHAEL G MULLEN USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ADM ROBERT J NATTER USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| LCDR RONALD L NICOL USNR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR DAVID T PERRY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR C MICHAEL PETTERS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR ROBERT V PRAGADA | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR PAUL G PRAGER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR STEVEN S REINEMUND | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR DAVID B RICH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VADM JOHN R RYAN USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR KEVIN W SHARER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MS JOANNA SOHOVICH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR PATRICK SULLIVAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR TIMOTHY P SULLIVAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR MICHAEL W TAYLOR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR J RONALD TERWILLIGER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| RADM CYNTHIA M THEBAUD USN RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VADM JAN TIGHE USN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MS MARY KAY WEGNER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR SCOTT W WINE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR J MICHAEL YEAGER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR JOHN F YOUNG | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 301 KING GEORGE ST, ANNAPOLIS, MD 21402-1369
- In care of
- % U S NAVAL ACADEMY ALUMNI ASSOC
- Principal officer (990 for 2024)
- JEFFREY WEBB, 301 KING GEORGE STREET, ANNAPOLIS, MD 21402
- Signed the 990
- JOHN COPPOLA, CFO
- Phone
- (410) 295-4000
- Website
- WWW.USNA.COM
- Return prepared by
- RSM US LLP
Mission
SEE SCHEDULE O.
Program accomplishments
- SUPPORT INCLUDED DIRECT AND INDIRECT SUPPORT FOR USNA ENDOWED POSITIONS AND PROGRAM SUPPORT FOR CYBER SECURITY, ATHLETIC EXCELLENCE, STEM, MINORITY OUTREACH, LEADERSHIP DEVELOPMENT AND INTERNATIONAL PROGRAMS. GRANTS TO USNA ALSO SUPPORTED PROJECT BASED LEARNING, ADMISSIONS SUPPORT, THE ACADEMIC CENTER AND THE CENTER OF ETHICAL LEADERSHIP. GRANTS TO THE ALUMNI ASSOCIATION WERE IN SUPPORT OF OPERATIONS.Expenses $33,193,328 · grants $33,193,328 · revenue $4,961,041
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7003516
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1969
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $418,994,710
- Income (IRS master file)
- $220,844,321
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $79,865,558 | $47,764,827 | $418,994,710 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $60,735,637 | $43,615,672 | $369,145,916 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $42,720,596 | $44,107,220 | $327,456,944 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $47,603,619 | $48,937,066 | $305,968,176 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7003516).
Questions about UNITED STATES NAVAL ACADEMY FOUNDATION INC
- What is the EIN of UNITED STATES NAVAL ACADEMY FOUNDATION INC?
- The employer identification number (EIN) of UNITED STATES NAVAL ACADEMY FOUNDATION INC is 23-7003516.
- Is UNITED STATES NAVAL ACADEMY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to UNITED STATES NAVAL ACADEMY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNITED STATES NAVAL ACADEMY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNITED STATES NAVAL ACADEMY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNITED STATES NAVAL ACADEMY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNITED STATES NAVAL ACADEMY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names JEFFREY WEBB.
- Who are the officers and directors of UNITED STATES NAVAL ACADEMY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 61 people; 14 received compensation from the organization, the highest $351,470 (JEFFREY R WEBB, PRESIDENT/CEO (SEE SCH J)).
- How much revenue does UNITED STATES NAVAL ACADEMY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $79,865,558, expenses of $47,764,827 and total assets of $418,994,710 at year end.
Other nonprofits in ANNAPOLIS
- ST JOHNS COLLEGE EIN 52-0591421 · last filed 990 for 2025
- KEY SCHOOL INC EIN 52-0701774 · last filed 990 for 2025
- INNOVATIVE LEARNING INC EIN 52-1173307 · last filed 990 for 2025
- UNITED STATES NAVAL ACADEMY ALUMNI ASSOC EIN 52-0548411 · last filed 990 for 2025
- QM QUALITY MATTERS EIN 46-5503339 · last filed 990 for 2025
- NAVAL ACADEMY PRIMARY SCHOOL ASSOCIATION INCORPORATED EIN 52-6001692 · last filed 990 for 2025
- HARBOUR SCHOOL FOUNDATION INC EIN 52-2045745 · last filed 990 for 2025
- CHESAPEAKE MONTESSORI FOUNDATION INC EIN 52-1192684 · last filed 990 for 2025