UNITED STATES NAVAL ACADEMY ALUMNI ASSOC Charity Report

Public IRS 990 nonprofit record

UNITED STATES NAVAL ACADEMY ALUMNI ASSOC

EIN 52-0548411 · Education (B840)

What they do

to SERVE and SUPPORT THE UNITED STATES, THE NAVAL SERVICE, THE NAVAL ACADEMY, and ITS ALUMNI.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders48 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.05%of revenue went to mission work83.2% of expenses · Program services

3.69%of revenue went to fundraising3.6% of expenses

$102.25spent for every $100 of revenueSpending was higher than revenue this year.

13.51%of revenue went to management and office costs13.2% of expenses

$9.95in assets for every $1 spent this yearSome assets cannot be spent right away.

52.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $360,927 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $320,304 for THOMAS GRADY (EVP COMMS & ENGAGEMENT (SEE SCH J)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$16,059,020

Mission workProgram services$13,658,39785.05% of revenue83.2% of expenses

ManagementOffice and general costs$2,169,17313.51% of revenue13.2% of expenses

FundraisingAsking for donations$592,3773.69% of revenue3.6% of expenses

Total expenses$16,419,947102.25% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.2% mission · 13.2% management · 3.6% fundraisingTotal expenses: 102.25% of revenue

2023Expense mix: 76.7% mission · 17.2% management · 6.1% fundraisingTotal expenses: 121.70% of revenue

2022Expense mix: 71.1% mission · 22.7% management · 6.2% fundraisingTotal expenses: 57.92% of revenue

2021Expense mix: 80.5% mission · 19.2% management · 0.4% fundraisingTotal expenses: 43.18% of revenue

2020Expense mix: 84.8% mission · 11.7% management · 3.4% fundraisingTotal expenses: 53.80% of revenue

2019Expense mix: 71.5% mission · 18.0% management · 10.5% fundraisingTotal expenses: 47.66% of revenue

2018Expense mix: 82.0% mission · 10.9% management · 7.1% fundraisingTotal expenses: 46.70% of revenue

2017Expense mix: 95.8% mission · 3.8% management · 0.3% fundraisingTotal expenses: 80.16% of revenue

Money in and money out

Revenue$16,059,020

Expenses$16,419,947

Annual shortfall $360,927 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,658,397 · 83.2% of expenses

Management and office costs$2,169,173 · 13.2% of expenses

Fundraising$592,377 · 3.6% of expenses

See all reported dollar amounts

Revenue$16,059,020

Expenses$16,419,947

Assets$163,393,299

Income$40,460,318

Contributions$8,400,226

Mission work (program services)$13,658,397

Fundraising$592,377

Grants given$19,458,920

Average grant$2,779,846

Management and general$2,169,173

Stocks and bonds$15,090,262

Accounting fees$86,824

Investing fees$152,954

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

THOMAS GRADYEVP COMMS & ENGAGEMENT (SEE SCH J) · 50 hrs/week $320,304Base $307,027 · Other $13,277

JEFFREY R WEBBPRESIDENT/CEO (SEE SCH J) · 24 hrs/week $255,107Base $234,314 · Other $20,793

JOHN SCHOFIELDED ENTERPRISE COMMS (SEE SCH J) · 50 hrs/week $195,021Base $185,150 · Other $9,871

DONALD KENNEDYED EVENTS & FACILITIES (SEE SCH J) · 50 hrs/week $184,818Base $176,160 · Other $8,658

SCOTT GAISERSR DIRECTOR, REAL ESTATE (SEE SCH J) · 50 hrs/week $184,683Base $174,118 · Other $10,565

WESLEY S HUEYEVP, STR & LEG PROG/SEC (SEE SCH J) · 50 hrs/week $166,819Base $157,410 · Other $9,409

ROBERT W GASTFORMER EVP & CFO/TREAS (SEE SCH J) $154,945Base $139,213 · Other $15,732

LISA STROBELEXEC DIRECTOR OF FINANCE (SEE SCH J) · 22 hrs/week $120,759Base $100,779 · Other $19,980

GARRETT KEATINGDIRECTOR, IT (SEE SCH J) · 22 hrs/week $112,431Base $72,169 · Other $40,262

JOY JONESSR DIRECTOR, HR (SEE SCH J) · 22 hrs/week $101,089Base $74,919 · Other $26,170

JORDAN BAILEYSR AD, ENTERPRISE NETWORK (SEE SCH J) · 22 hrs/week $96,329Base $62,544 · Other $33,785

TIMOTHY SMITHDR, FINANCIAL REPORTING (SEE SCH J) · 22 hrs/week $88,512Base $71,711 · Other $16,801

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (48)

THOMAS GRADYEVP COMMS & ENGAGEMENT (SEE SCH J)

JEFFREY R WEBBPRESIDENT/CEO (SEE SCH J)

JOHN SCHOFIELDED ENTERPRISE COMMS (SEE SCH J)

DONALD KENNEDYED EVENTS & FACILITIES (SEE SCH J)

SCOTT GAISERSR DIRECTOR, REAL ESTATE (SEE SCH J)

WESLEY S HUEYEVP, STR & LEG PROG/SEC (SEE SCH J)

ROBERT W GASTFORMER EVP & CFO/TREAS (SEE SCH J)

LISA STROBELEXEC DIRECTOR OF FINANCE (SEE SCH J)

GARRETT KEATINGDIRECTOR, IT (SEE SCH J)

JOY JONESSR DIRECTOR, HR (SEE SCH J)

JORDAN BAILEYSR AD, ENTERPRISE NETWORK (SEE SCH J)

TIMOTHY SMITHDR, FINANCIAL REPORTING (SEE SCH J)

DERRICK PLANZAD, SOFTWARE DEV (SEE SCH J)

KARA FAGLEYCHIEF OF STAFF

JOHN COPPOLAEVP & CFO/TREAS (BEG 9/16/24)

MICHAEL D PIATRUSTEE (BEG 5/9/25)

WILLIAM R ROBERTSTRUSTEE (BEG 5/9/25)

MARK E FERGUSONCHAIR

ANGELA R DOMINGOSTRUSTEE

MATICE M WRIGHT-SPRINGERTRUSTEE

MATTHEW L GUYTONTRUSTEE

WILLIAM D BEYDLERVICE CHAIR

RENEE B REEDYTRUSTEE

ROBERT J TAYLORTRUSTEE

THOMAS O WAGNERTRUSTEE

STEPHEN L FISCHERTRUSTEE (BEG 5/9/25)

STEPHEN W COMISKEYTRUSTEE

STEVE A SWIFTTRUSTEE

STEVEN R RASMUSSENTRUSTEE

GORDON M GERSONTRUSTEE (THRU 5/9/25)

BARBETTE H LOWNDESTRUSTEE

BOBBY E BROWNTRUSTEE

BRIAN S DEJARNETTTRUSTEE

CAMERON R KINLEYTRUSTEE (BEG 5/9/25)

DARRYL L SMITHTRUSTEE

DONALD H HORNERTRUSTEE

DWIGHT D FONTILLATRUSTEE

ENOCHIA T ANDERSONTRUSTEE

GEORGE P OGARROTRUSTEE (THRU 11/7/24)

MAEGEN L GRANDY NIXTRUSTEE

GREGORY R HAMELINTRUSTEE

IAN M CAMERONTRUSTEE (THRU 5/9/25)

INGAR A GREVTRUSTEE

JAMES C CUMMINGSTRUSTEE

JAMES C SCHWABTRUSTEE (THRU 5/9/25)

JENNIFER B TYLLTRUSTEE

JILL A ROUGHTRUSTEE

KEVIN F STONETRUSTEE

About this charity

Recognized since: January 2007
Location: 301 KING GEORGE ST, ANNAPOLIS, MD 21402-1369
County: Anne Arundel
In care of: % HENRY J SANFORD
Primary officer: JOHN COPPOLA, CFO

How to reach them

WebsiteVisit the charity’s website Emailanne.sharpe@usna.com Phone(410) 295-4000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Education (B840)
Grant-giving organization: Yes