ARMY AND NAVY ACADEMY CARLSBAD CALIFORNIA Charity Report

Public IRS 990 nonprofit record

ARMY AND NAVY ACADEMY CARLSBAD CALIFORNIA

EIN 95-1184512 · Education (B24Z)

What they do

to FORGE VIRTUOUS YOUNG MEN for LIFE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.30 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 explanation is very short. Ask what work they really do.

They name their leaders24 people are listed in the latest report.

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

Money made simple

85.08%of revenue went to mission work81.3% of expenses · Program services

1.65%of revenue went to fundraising1.6% of expenses

$104.61spent for every $100 of revenueSpending was higher than revenue this year.

17.88%of revenue went to management and office costs17.1% of expenses

$2.42in assets for every $1 spent this yearSome assets cannot be spent right away.

4.1%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 $906,931 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $599,286 for PEGGY COMBS (FMR PRESIDENT). 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$19,685,868

Mission workProgram services$16,749,10885.08% of revenue81.3% of expenses

ManagementOffice and general costs$3,519,37017.88% of revenue17.1% of expenses

FundraisingAsking for donations$324,3211.65% of revenue1.6% of expenses

Total expenses$20,592,799104.61% 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: 81.3% mission · 17.1% management · 1.6% fundraisingTotal expenses: 104.61% of revenue

2023Expense mix: 83.4% mission · 14.8% management · 1.9% fundraisingTotal expenses: 91.02% of revenue

2022Expense mix: 81.7% mission · 16.0% management · 2.3% fundraisingTotal expenses: 95.43% of revenue

2021Expense mix: 79.5% mission · 18.6% management · 1.9% fundraisingTotal expenses: 113.51% of revenue

2020Expense mix: 80.8% mission · 17.3% management · 1.8% fundraisingTotal expenses: 102.13% of revenue

2019Expense mix: 80.3% mission · 17.0% management · 2.7% fundraisingTotal expenses: 108.84% of revenue

2018Expense mix: 81.9% mission · 16.5% management · 1.6% fundraisingTotal expenses: 100.55% of revenue

2017Expense mix: 80.3% mission · 17.5% management · 2.2% fundraisingTotal expenses: 91.50% of revenue

Money in and money out

Revenue$19,685,868

Expenses$20,592,799

Annual shortfall $906,931 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)$16,749,108 · 81.3% of expenses

Management and office costs$3,519,370 · 17.1% of expenses

Fundraising$324,321 · 1.6% of expenses

See all reported dollar amounts

Revenue$19,685,868

Expenses$20,592,799

Assets$49,898,286

Income$20,961,214

Contributions$802,282

Mission work (program services)$16,749,108

Fundraising$324,321

Management and general$3,519,370

Stocks and bonds$4,338,596

Investing fees$58,551

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

PEGGY COMBSFMR PRESIDENT · 40 hrs/week $599,286Base $597,292 · Other $1,994

CLINT JESPERSENDIR OF CONSTR. · 40 hrs/week $275,472

FRANK MONTELEONE JREXC VP FINANCE · 40 hrs/week $207,625

CHRIS THAELERDIR. OF IT / DEAN · 40 hrs/week $141,249

CURBY SCARBOROUGHSR JROTC INSTRUCT · 40 hrs/week $123,084

ROLANDO MIRACOCOMMANDANT CADET · 40 hrs/week $121,932

ROBIN COWENTEACHER · 40 hrs/week $112,509

BARRY SHREIARPRESIDENT · 40 hrs/week $7,213

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 (24)

PEGGY COMBSFMR PRESIDENT

CLINT JESPERSENDIR OF CONSTR.

FRANK MONTELEONE JREXC VP FINANCE

CHRIS THAELERDIR. OF IT / DEAN

CURBY SCARBOROUGHSR JROTC INSTRUCT

ROLANDO MIRACOCOMMANDANT CADET

ROBIN COWENTEACHER

BARRY SHREIARPRESIDENT

SAMUEL SANDY KAHNVICE CHAIRMAN

ART BARTELLTRUSTEE

ROBERT BOETTICHER SRTRUSTEE

RAY FLORESTRUSTEE

JUSTIN TIPPTREASURER

JOHN BURDENTRUSTEE

JEFFREY TISORCHAIRMAN

JAMES JIM MERLINOTRUSTEE

JACK D WYATTTRUSTEE

HAYDEN MEYERTRUSTEE

GRIFF LEWISTRUSTEE

DENNIS MARTINEZTRUSTEE

DAVID G KELLEYTRUSTEE

CHERI HARRINGTONTRUSTEE

BRADLEY LARSENSECRETARY

BETH GARROWTRUSTEE

About this charity

Recognized since: January 1945
Location: 2605 CARLSBAD BLVD, CARLSBAD, CA 92008-2208
County: San Diego
In care of: BARRY SHREIAR
Primary officer: BARRY SHREIAR, President

How to reach them

WebsiteVisit the charity’s website Emailinfo@armyandnavyacademy.org Phone(760) 729-2385

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: WEST RHODE & ROBERTS
NTEE classification: Education (B24Z)