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Virginia · Nonprofit

NAVAL SUBMARINE LEAGUE

NAVAL SUBMARINE LEAGUE (Virginia) receives grants from 10 organizations whose IRS filings report $152,248 to it, the largest being Community Foundation of Northern Nevada ($40,000). 7 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.6M
Funders on record
10
Grants received
$152k
Net assets
$3.6M
7/10 repeat funderspeak grant-dependency 2%
01What it does

What Naval Submarine League does

Mission

Organization mission the league shall a. Actively seek opportunities to stimulate and promote awareness, by all elements of american society, of the need for a strong undersea arm of the united states navy. B encourage mutual understanding and a close working relationship between american society and those segments of the united states government responsible for the acquisition and employment of submarines for the common defense and national security. C provide a forum on professional matters affecting the submarine force and its integral role in national security whereby the views and perceptions of league members can be focused and expounded, and diverse elements of industry, academia, and government can be brought together to identify, study, and develop potential solutions to undersea warfare challenges. D promote greater liaison and communications among government, academic, and business communities to further understanding and appreciation of the past, present, and future contributions of the submarine force to national security. E publically recognize professional excellence in the submarine force and pursue opportunities to promote submarine force esprit de corps, and…

As stated on its FY2025 Form 990.

Programs

  1. Other programs involve both staff and individual members across the country. Chapters nationwide receive annual stipends every nsl member is affiliated with a chapter and receives news of local chapter meetings and opportunities to participate in promoting the mission of the nsl. Active-duty support includes awards, commissioning committees, a mentor program and support to the nrotc, sub clubs, and the us naval academy. Communicating with the public about the importance of submarines to the national defense is accomplished through industry briefs, speakers bureau, the submarine review quarterly magazine and online archive, and the nsl website. The heritage of the submarine force is preserved via distinguished civilian and submariner annual awards, recorded interviews, support for submarine reunions, and the development of a library and resource center.

    $732,468 spent$626,791 earned by the program
    35% of program spending
  2. The purpose of the nsl annual symposium industry update is to facilitate the exchange of business, technical, and professional information relevant to submarines and undersea warfare, including unmanned systems. The two-day event is traditionally accepted by dod as a widely attended gathering, enabling active-duty attendance. Presentations are made by submarine force leadership with updates on major acquisition and programmatic issues. Industry and government agencies present discussion and solutions via exhibit displays. There are continuous opportunities for navy leadership and industry networking.

    $570,409 spent$643,457 earned by the program
    27% of program spending
  3. The submarine technology symposium sts is a classified secret/noforn three-day conference held on the campus of johns hopkins university applied physics laboratory. The purpose of the sts is to facilitate the exchange of business, technical, and professional information relevant to submarines and undersea warfare, including unmanned systems. This is a premier opportunity for navy leadership, industry and academia to engage in productive technical exchanges. Industry, government, and academia are invited to submit abstracts for presentation. The on-site format includes selected displays of new technology developments. Speakers generally allow time for qa and there are breaks between sessions to foster discussion and networking.

    $423,431 spent$659,105 earned by the program
    20% of program spending
  4. Program service expenses 371,011, grants and allocations 0, revenue 186,377 other seminars are developed to facilitate the exchange of business, technical, and professional information relevant to submarines and undersea warfare, including unmanned systems. These are prime networking opportunities, enabling contractors, subcontractors, and government personnel to discuss the challenges of delivering the capabilities needed by the submarine force. These seminars usually focus on topics of particular interest to navy personnel.

    $371,011 spent$186,377 earned by the program
    18% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,097,319.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.2M) Expenses 100 ($1.2M) Net assets 100 ($787k)2018 Revenue 124 ($1.5M) Expenses 111 ($1.3M) Net assets 100 ($788k)2019 Revenue 142 ($1.7M) Expenses 106 ($1.3M) Net assets 152 ($1.2M)2020 Revenue 139 ($1.7M) Expenses 118 ($1.4M) Net assets 164 ($1.3M)2021 Revenue 150 ($1.8M) Expenses 75 ($912k) Net assets 319 ($2.5M)2022 Revenue 170 ($2.1M) Expenses 125 ($1.5M) Net assets 376 ($3.0M)2023 Revenue 168 ($2.0M) Expenses 155 ($1.9M) Net assets 369 ($2.9M)2024 Revenue 185 ($2.2M) Expenses 173 ($2.1M) Net assets 421 ($3.3M)2025 Revenue 220 ($2.6M) Expenses 201 ($2.4M) Net assets 457 ($3.6M)
'17'18'19'20'21'22'23'24'25
Revenue (220)Expenses (201)Net assets (457)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.8M to $4.1M (+47%).

$1.3M
$1.4M
$1.8M
$2.8M
$4.1M
$4.3M
$4.1M
$4.3M
$4.6M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 7%. Grants only. Government contracts and fees sit inside program revenue.

17% of NAVAL SUBMARINE LEAGUE’s revenue is contributions — more earned-revenue than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 1,090 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

−$11k
’17
$155k
’18
$421k
’19
$241k
’20
$899k
’21
$536k
’22
$147k
’23
$121k
’24
$209k
’25
1.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stephen Fischer

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed262424262826242325
Joined·+5+1+4+6+4+2+2+11
No longer listed·71246439
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $300 → $30k.

5 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 81% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NAVAL SUBMARINE LEAGUE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NAVAL SUBMARINE LEAGUE has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NAVAL SUBMARINE LEAGUE.

26%
largest funder
64%
top three
~6
effective funders

Largest funder’s share by year: 2018 100% · 2019 80% · 2020 69% · 2021 51% · 2022 68% · 2023 42% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of NAVAL SUBMARINE LEAGUE's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

81% of NAVAL SUBMARINE LEAGUE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $29k that is directly attributable, 100% of it comes from funders outside Virginia, across 5 states.

NY
MA
WY
CA
TX

In-state vs out-of-state, by year

’18
’19
’20
’21
’23
Virginia out of state home

Funder states come from each funder’s own filing. $123k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NAVAL SUBMARINE LEAGUE's revenue grew 120% between 2017 and 2025.

Operating margin8% · below the median
Months of reserve1.8mo · bottom quartile
Revenue growth (annualized)10% · below the median

this organization peer median middle 50% of peers· 497 public benefit nonprofits $1M–$10M, FY2025

Organizations like NAVAL SUBMARINE LEAGUE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 13%Fundraising 1%

Governance

23
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

CA
VA

Screen this organization

A dated, signed PDF of the compliance screen for NAVAL SUBMARINE LEAGUE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NAVAL SUBMARINE LEAGUE?
NAVAL SUBMARINE LEAGUE (Virginia) receives grants from 10 organizations whose IRS filings report $152,248 to it, the largest being Community Foundation of Northern Nevada ($40,000). 7 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NAVAL SUBMARINE LEAGUE have?
IRS filings report 10 organizations giving $152,248 in grants to NAVAL SUBMARINE LEAGUE, 7 of which have funded it in more than one year.
Who is the largest funder of NAVAL SUBMARINE LEAGUE?
Community Foundation of Northern Nevada is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
How can an organization like NAVAL SUBMARINE LEAGUE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Naval Submarine League →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing