Navy League of the United States

Nonprofit profile at a glance

EIN
530116710
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2010
Location
Arlington, VA, USA
Phone
7033122880
Rating
70
Verdict
SUPPORTED
Rating confidence
Standard

Official website

Reported finances

Revenue
$13,611,531
Expenses
$10,157,535
Assets
$80,189,532
Liabilities
$72,839,853

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

41 people listed

Executive titles in this filing

  • CHRISTOPHER TOWNSEND (NATIONAL PRESIDENT)
  • LARRY SALTER (NATIONAL PRESIDENT-ELECT)
  • DAVE REILLY (PAST NATIONAL PRESIDENT)
  • WILLIAM STEVENSON III (PAST NATIONAL PRESIDENT)
  • ALAN KAPLAN (PAST NATIONAL PRESIDENT)
  • SINCLAIR HARRIS (NATIONAL VICE PRESIDENT)

Highest reported compensation

  • JAIME FOGGO (DEAN OF CENTER FOR MARITIME STRATEGY): $441,351 total reported compensation
  • MICHAEL STEVENS (CHIEF EXECUTIVE OFFICER): $409,376 total reported compensation
  • RYAN DONALDSON (CHIEF OPERATING OFFICER): $280,308 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The navy league of the united states is a professional organization whose primary objective is to be a source of information to the general public, provide direct assistance to men and women in the sea services and sponsor scholarships and youth programs which are geared toward the sea services. In addition, the navy league serves as an advocate for the sea services in various public forums.

What it reported doing in 2024

Sea-air-space: the navy league's sea-air-space exposition was founded in 1965 as a means to bring the u.s. Defense industrial base, private-sector u.s. Companies and key military decision makers together for an annual innovative, educational, professional and maritime based event located in the heart of Washington, dc. Sea-air-space is now the largest maritime exposition in the u.s. And continues as an invaluable extension of the navy league's mission of maritime policy education and sea service support.sea-air-space features:-more than 290 dynamic, innovative and sophisticated defense and maritime industry exhibits displaying the latest in technology and equipment in a 100,000 square foot exhibit space and serving over 15,000 attendees. -abundant opportunities to learn about, test and see the most advanced military equipment.professional development sessions featuring:- high level discussions on important strategic policy issues- the most up-to-the-minute developments in policy, programs and needs for the maritime services.- panelists from the u.s. Departments of defense, homeland security and state; the u.s. Navy, marine corps and coast guard; and the maritime administration. Daily exhibit hall floor speaker sessions featuring:- tactical, real-life application perspectives.- speakers represent each of the sea services from the program level.- discussions of technology, programs and products currently in use.- discussions of technology applications and needs for the future.the sea-air-space exposition will continue to support the mission of the navy league and lead the way as "the" exposition to attend each year to display the most current information and technology relevant to maritime policy.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 68
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.9%; rating input score 49
  • Program expense ratio: 65.8%; rating input score 66
  • Fundraising efficiency: $7 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 91.1%; rating input score 91; 21st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 25.4%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 7.89; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.91; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 19.7%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -0% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: 2.6% per year; rating input score 100; 21st percentile among comparable filings

Details

  • Where the money goes: 48.9% of revenue deployed · 65.8% of spending went to programs
  • Governance: 33 of 33 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $6.7M in reported program spending
  • Leadership: top reported pay $441K · 41 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.5M reported
  • Consistency: 39 of 41 current checks pass · 2 findings to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
  • High — Financial Efficiency: Fundraising efficiency scored 29/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.