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Maryland · Nonprofit

UNITED STATES NAVAL ACADEMY ALUMNI ASSOC

UNITED STATES NAVAL ACADEMY ALUMNI ASSOC (Maryland) receives grants from 34 organizations whose IRS filings report $3,530,686 to it, the largest being JOHNS HOPKINS UNIVERSITY ($821,214). 21 of them have funded it in more than one year.

Revenue FY2025
$16M
Funders on record
34
Grants received
$3.5M
Net assets
$153M
21/34 repeat funderspeak grant-dependency 3%
01What it does

What United States Naval Academy Alumni Assoc does

Mission

To serve and support the united states, the naval service, the naval academy, and its alumni.

As stated on its FY2025 Form 990.

Programs

  1. Membership support - costs to provide services to members of the alumni association, class and chapter support, and special alumni events. The association engaged with 71,840 existing and 2,245 new members in the current fiscal year. The association supports 104 chapters around the world, 77 parent clubs throughout the us and 6 shared interest groups. Staff supports an international chapter officer's forum each year, two class meetings and various parent functions. Association members are invited to participate in a number of special events including tailgates and founder's day, luncheons with speakers, academy events and activities with the brigade of midshipmen.

    $5,168,611 spent$714,001 earned by the program
    38% of program spending
  2. Support - the association makes contributions to the u.s. Naval academy and the u.s. Naval academy foundation inc., a related party. Contibutions to u.s. Naval academy supported cyber programs, stem and endowed chairs, midshipmen clubs sports and international travel/studies, creative arts and athletic facilities.

    $3,929,982 spentof which $3,929,982 as grants
    29% of program spending
  3. Alumni communications - support for all electronic and website-based communications. The association supports it members worldwide through its robust website and electronic communications, helping to sustain their bond with the school, their class and classmates.

    $1,700,439 spent
    12% of program spending
  4. Career transitions - expenses related to the service academics career conference. The association manages job fairs four times per year around the country which are exclusive to service academy alumni. The association also provides career counseling and other career support opportunities for interested alumni.

    $1,662,406 spent$1,271,539 earned by the program
    12% of program spending
  5. Publications: shipmate, alumni register and business resource directory - through these publications, the association reaches out to members to perpetuate the history, traditions, memories and growth of the u.s. Naval academy. Over 50,000 members receive the association's magazine shipmate eight times per year.

    $1,104,530 spent$234,498 earned by the program
    8% of program spending
  6. Partnership marketing - expenses related to affinity programs and merchandise sales. The association offers programs to its members which offer unique products and services, while gengerating revenue for the association.

    $92,429 spent
    1% of program spending

The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $13,658,397.

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 ($12M) Expenses 100 ($11M) Net assets 100 ($57M)2018 Revenue 100 ($12M) Expenses 91 ($9.9M) Net assets 105 ($60M)2019 Revenue 175 ($22M) Expenses 93 ($10M) Net assets 129 ($74M)2020 Revenue 162 ($20M) Expenses 87 ($9.5M) Net assets 142 ($81M)2021 Revenue 164 ($20M) Expenses 100 ($11M) Net assets 213 ($121M)2022 Revenue 218 ($27M) Expenses 106 ($12M) Net assets 219 ($125M)2023 Revenue 213 ($26M) Expenses 140 ($15M) Net assets 247 ($141M)2024 Revenue 118 ($15M) Expenses 163 ($18M) Net assets 256 ($146M)2025 Revenue 130 ($16M) Expenses 150 ($16M) Net assets 268 ($153M)
'17'18'19'20'21'22'23'24'25
Revenue (130)Expenses (150)Net assets (268)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 $106M to $131M (+24%).

$81M
$85M
$99M
$106M
$131M
$136M
$151M
$155M
$163M
'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

52% of UNITED STATES NAVAL ACADEMY ALUMNI ASSOC’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$1.4M
’17
$2.5M
’18
$12M
’19
$10M
’20
$9.4M
’21
$15M
’22
$11M
’23
−$3.2M
’24
−$361k
’25
17
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.

Board chair

Mark E Ferguson

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed454730393337425047
Joined·+13+10+13+13+9+7+16+5
No longer listed·11274195288
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 22 funders, grant income rose $46k → $449k.

11 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 38% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $29M from one payer (the payer shares this organization's board, largest US Naval Academy Foundation Inc). These are real filings, and they are not money UNITED STATES NAVAL ACADEMY ALUMNI ASSOC raised.

From the IRS filings of UNITED STATES NAVAL ACADEMY ALUMNI ASSOC’s funders (the co-funder graph). Top 30 of 34 funders by total. 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

UNITED STATES NAVAL ACADEMY ALUMNI ASSOC has a broad base — no single funder exceeds 23% 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

64% 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 UNITED STATES NAVAL ACADEMY ALUMNI ASSOC.

23%
largest funder
59%
top three
~7
effective funders

Largest funder’s share by year: 2017 50% · 2018 89% · 2019 88% · 2020 62% · 2021 48% · 2022 48% · 2023 21% — 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

67% of UNITED STATES NAVAL ACADEMY ALUMNI ASSOC's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

UNITED STATES NAVAL ACADEMY ALUMNI ASSOC draws 62% of its grant income from funders outside Maryland, across 14 states in all.

IL
NY
MA
WY
PA
NJ
CT
RI
CA
VA
MD
NC
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 10 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

UNITED STATES NAVAL ACADEMY ALUMNI ASSOC holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin−2% · bottom quartile
Months of reserve17.2mo · top quartile
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like UNITED STATES NAVAL ACADEMY ALUMNI ASSOC

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 Maryland

Nationally

05Profile & governance

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

Where the money goes

83% of spending goes to programs.

Program 83%Management 13%Fundraising 4%

Governance

30
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

88%

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

Footprint & structure

Files a return copy in 1 state

MD

Part of a family of 3 related entities

  • US Naval Academy Foundation Inc · exempt
  • Charitable Remainder Trusts (2) · corp_trust
  • Charitable Remainder Trusts (4) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for UNITED STATES NAVAL ACADEMY ALUMNI ASSOC: 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 UNITED STATES NAVAL ACADEMY ALUMNI ASSOC?
UNITED STATES NAVAL ACADEMY ALUMNI ASSOC (Maryland) receives grants from 34 organizations whose IRS filings report $3,530,686 to it, the largest being JOHNS HOPKINS UNIVERSITY ($821,214). 21 of them have funded it in more than one year.
How many funders does UNITED STATES NAVAL ACADEMY ALUMNI ASSOC have?
IRS filings report 34 organizations giving $3,530,686 in grants to UNITED STATES NAVAL ACADEMY ALUMNI ASSOC, 21 of which have funded it in more than one year.
Who is the largest funder of UNITED STATES NAVAL ACADEMY ALUMNI ASSOC?
JOHNS HOPKINS UNIVERSITY is the largest funder on record, with $821,214 in grants. The full list of funders is on this page.
How can an organization like UNITED STATES NAVAL ACADEMY ALUMNI ASSOC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 34 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