Navy SEAL Foundation
Legal name: Navy Seal Foundation Inc
Nonprofit profile at a glance
- EIN
- 311728910
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Virginia Beach, VA, USA
- Phone
- 757-744-5326
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $38,567,660
- Expenses
- $34,929,323
- Assets
- $168,248,676
- Liabilities
- $13,345,062
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
32 people listed
Executive titles in this filing
- ROBIN KING (CEO)
Highest reported compensation
- ROBIN KING (CEO): $375,139 total reported compensation
- SCOTT BURKE (CFO): $255,545 total reported compensation
- CAROLYN MULLEN (DEVELOPMENT DIRECTOR): $252,871 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 SEAL Foundation (NSF) provides critical support for the warriors, veterans, and families of Naval Special Warfare (NSW).
What it reported doing in 2024
Community: empowering connections & preserving legacy.the bonds within the naval special warfare community are unbreakable, forged through shared sacrifice, service, and an enduring sense of brotherhood. The navy seal foundation strengthens these connections by honoring the past and bringing people together in the present. We fund legacy preservation projects, national memorials, and monuments to ensure that the sacrifices of our warriors are never forgotten. Programs like summer camps, veteran reconnect events, and family gatherings remind service members and their loved ones that they are part of something greater, something that endures. Through every handshake, every shared story, and every moment of remembrance, we keep the spirit of the community alive, ensuring its legacy remains for generations to come.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 87% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some related-organization disclosures are missing and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 91
- Accountability: 100
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.1%; rating input score 89
- Program expense ratio: 92.6%; rating input score 93
- Fundraising efficiency: $33.56 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Scored; rating input score 0
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: 9.4%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 4.82; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 12.5% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 76th percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 89.1% of revenue deployed · 92.6% of spending went to programs
- Governance: 25 of 25 board members independent · 9 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $32.4M in reported program spending
- Leadership: top reported pay $375K · 32 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $6.1M reported
- Consistency: 39 of 39 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 8 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.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.