Naval Undersea Museum Foundation
Nonprofit profile at a glance
- EIN
- 911097493
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Keyport, WA, USA
- Phone
- 3606971129
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Science and Technology Museums
Reported finances
- Revenue
- $106,478
- Expenses
- $101,114
- Assets
- $91,924
- Liabilities
- $2,455
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MERLE J VOGEL JR (President)
People named in this filing
- MERLE J VOGEL JR (President)
- DARLENE ISKRA (Director)
- ALAN BEAM (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the foundation is to support, promote and advance the mission of the museum by raising, managing and disbursing private gifts for the benefit of the museum. These gifts provide a margin of excellence in support of the strategic institutional priorities as identified by the naval history and heritage command (nhhc), foundation and membership of the museums' advisory council (mac) per opnav instruction 5755.1. It is the continuing intent of the foundation to provide funds and in kind support for the museum and its programs. In meeting its mission goals, the foundation seeks to nurture relationships with potential donors and friends of the museum, contribute the personal efforts of its members to the museum and its outreach programs, solicit gifts of all types from individuals and legal entities, inquire as to availability of other private resources which will benefit the museum or its collections and acknowledge and steward the offerings and/or gifts it receives in accorda
What it reported doing in 2024
Construction and maintenance of naval undersea museum, auditorium, exhibits and library. Support of steam and other education programs including support of the general public and adult programming. Steam is a curriculum based on educating students in the five specific disciplines of science, technology, engineering, art and mathematics in an interdisciplinary and applied approach.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 45
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 5%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 15.5%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 3.3% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: -3.6% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $124K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 18/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.