United States Naval Academy Alumni Assoc

Organization Overview

United States Naval Academy Alumni Assoc is located in Annapolis, MD. The organization was established in 2007. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2022, United States Naval Academy Alumni Assoc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United States Naval Academy Alumni Assoc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, United States Naval Academy Alumni Assoc generated $26.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $11.6m during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE AND SUPPORT THE UNITED STATES, THE NAVAL SERVICE, THE NAVAL ACADEMY, AND ITS ALUMNI.

Describe the Organization's Program Activity:

MEMBERSHIP SUPPORT - COSTS TO PROVIDE SERVICES TO MEMBERS OF THE ALUMNI ASSOCIATION, CLASS AND CHAPTER SUPPORT, AND SPECIAL ALUMNI EVENTS. THE ASSOCIATION MANAGES THE SERVICE ACADEMY CAREER CONFERENCES FOUR TIMES PER YEAR IN DIFFERENT AREAS OF THE U.S. THE CAREER PROGRAMS DEPARTMENT HAS ASSISTED THOUSANDS OF GRADS WITH THEIR CAREER TRANSITION. THE ASSOCIATION ENGAGED WITH 69,744 EXISTING AND 2,190 NEW MEMBERS IN THE CURRENT FISCAL YEAR. THE ASSOCIATION SUPPORTS 102 CHAPTERS AROUND THE WORLD, 77 PARENT CLUBS THROUGHOUT THE US AND 5 SHARED INTEREST GROUPS. STAFF SUPPORTS AN INTERNATIONAL CHAPTER OFFICER'S FORUM EACH YEAR, TWO CLASS MEETINGS AND VARIOUS PARENT FUNCTIONS. ASSOCIATION MEMBERS ARE INVITED TO PARTICIPATE IN A NUMBER OF SPECIAL EVENTS INCLUDING TAILGATES AND FOUNDER'S DAY, LUNCHEONS WITH SPEAKERS, ACADEMY EVENTS AND ACTIVITIES WITH THE BRIGADE OF MIDSHIPMEN.


SUPPORT - THE ASSOCIATION MAKES CONTRIBUTIONS TO THE U.S. NAVAL ACADEMY AND THE U.S. NAVAL ACADEMY FOUNDATION INC., A RELATED PARTY. CONTIBUTIONS TO U.S. NAVAL ACADEMY SUPPORTED CYBER PROGRAMS, STEM AND ENDOWED CHAIRS, MIDSHIPMEN CLUBS SPORTS AND INTERNATIONAL TRAVEL/STUDIES, CREATIVE ARTS AND ATHLETIC FACILITIES. CONTRIBUTIONS TO THE U.S. NAVAL ACADEMY FOUNDATION SUPPORTED INFORMATION MANAGEMENT AND TREASURY FUNCTIONS.


ALUMNI COMMUNICATIONS - SUPPORT FOR ALL ELECTRONIC AND WEBSITE-BASED COMMUNICATIONS. THE ASSOCIATION SUPPORTS IT MEMBERS WORLDWIDE THROUGH ITS ROBUST WEBSITE AND ELECTRONIC COMMUNICATIONS, HELPING TO SUSTAIN THEIR BOND WITH THE SCHOOL, THEIR CLASS AND CLASSMATES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Builderguru Contracting Inc
Building Consultant
$1,879,661
Martin's - Bo Brooks Llc
Catering
$926,168
Perkins Eastman Architects Dpc
Architects
$1,140,299
Lsc Communications
Printer
$350,709
Cockley & Williams Construction Llc
General Contractor
$266,783
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,949,586
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$13,544,150
Noncash contributions included in lines 1a–1f $1,515,525
Total Revenue from Contributions, Gifts, Grants & Similar$16,493,736
Total Program Service Revenue$1,742,222
Investment income $313,975
Tax Exempt Bond Proceeds $0
Royalties $685,123
Net Rental Income $156,299
Net Gain/Loss on Asset Sales $7,400,993
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,058
Miscellaneous Revenue$0
Total Revenue $26,897,412

Grants Recieved

Over the last fiscal year, we have identified 17 grants that United States Naval Academy Alumni Assoc has recieved totaling $3,078,563.

Awarding OrganizationAmount
United States Naval Academy Foundation Inc

Annapolis, MD

PURPOSE: GENERAL SUPPORT

$2,949,586
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$49,538
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$26,350
Lakeside Foundation

Jenkintown, PA

PURPOSE: GENERAL FUND

$20,000
Uvas Foundation

Jenkintown, PA

PURPOSE: GENERAL PURPOSE

$10,000
Greater Washington Community Foundation

Washington, DC

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$150,486,340
Earnings-$7,157,111
Admin Expense$1,124,067
Net Contributions$65,439
Other Expense$2,169,349
Ending Balance$140,101,252

Create an account to unlock the data you need.

or