Surface Navy Association
- Assets
- $169.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, VA
- Founding
- 08/1987
- Data as of
- 12/2022
- EIN
- 54-1717223
Organization Overview
Surface Navy Association is located in Springfield, VA. The organization was established in 1987. According to its NTEE Classification (Q43) the organization is classified as: National Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Surface Navy Association 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 12/2022, Surface Navy Association generated $10.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $10.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE MAJOR SUPPORT TO THE NATIONAL ASSOCIATION FOR THEIR ANNUAL SYMPOSIUM WHICH PROVIDES A FORUM FOR THE ENHANCEMENT OF PROFESSIONALIAM AS WELL AS THE PLANNING AND DEVELOPMENT OF LOCAL CHAPTERS THROUGHOUT THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Capt Dave Stoner Usn President | 2 | $0 | |
Lcdr Daniel O'neill Usn Vice President | 2 | $0 | |
Capt Francis Niner Usn Ret Treasurer | 2 | $0 | |
Capt Ned Lundquist Usn Ret Director | 2 | $0 | |
Cdr Patrick German Usn Director | 2 | $0 | |
Cpt Jon Kaufmann Usn Ret Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,750 |
| Total Program Service Revenue | $4,580 |
| Membership dues | $8,360 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$10,404 |
| Other Revenue | $0 |
| Total Revenue | $10,293 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,637 |
| Total expenses | $10,637 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,798 |
| Other assets | $0 |
| Total assets | $169,798 |
| Total liabilities | $0 |
| Net assets or fund balances | $169,798 |