Civic Intelligence

The Usmma Sailing Foundation Inc

EIN 11-3561278 • 501(c)3 • Spring Hill, TN

Profile

To support the united states merchant marine academy and other 501(c)(3) organizations and conduct maritime education and training.

PO Box 1199Spring Hill, TN 37174

www.usmmasailingfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.03x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.07x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

10th percentile

-24%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

24th percentile

$156,998

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

11th percentile

-7.4%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-23%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets20th percentile

Assets

Down

$38,587,035

Down $3,095,284 (-7.4%) from 2023

Liabilities

Up

$1,043,565

Up $256,043 (+33%) from 2023

Net Assets

Down

$37,543,470

Down $3,351,327 (-8.2%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin10th percentile

Revenue

Down

$13,938,804

Down $4,051,111 (-23%) from 2023

Expenses

Down

$17,290,131

Down $589,171 (-3.3%) from 2023

Net Income

Down

-$3,351,327

Down $3,461,940 (-3130%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $30,855,865Liabilities 2010: $2,324Net Assets 2010: $30,853,5412010Assets 2011: $39,428,417Liabilities 2011: $577,078Net Assets 2011: $38,851,3392011Assets 2012: $25,126,384Liabilities 2012: $34,397Net Assets 2012: $25,091,9872012Assets 2013: $21,765,744Liabilities 2013: $8,115Net Assets 2013: $21,757,6292013Assets 2014: $23,079,281Liabilities 2014: $254,618Net Assets 2014: $22,824,6632014Assets 2015: $25,424,226Liabilities 2015: $183,000Net Assets 2015: $25,241,2262015Assets 2016: $23,704,802Liabilities 2016: $174,970Net Assets 2016: $23,529,8322016Assets 2017: $50,457,537Liabilities 2017: $466,609Net Assets 2017: $49,990,9282017Assets 2018: $48,359,647Liabilities 2018: $210,520Net Assets 2018: $48,149,1272018Assets 2019: $42,815,023Liabilities 2019: $167,456Net Assets 2019: $42,647,5672019Assets 2020: $40,024,161Liabilities 2020: $744,141Net Assets 2020: $39,280,0202020Assets 2021: $32,552,654Liabilities 2021: $440,247Net Assets 2021: $32,112,4072021Assets 2022: $41,405,905Liabilities 2022: $621,721Net Assets 2022: $40,784,1842022Assets 2023: $41,682,319Liabilities 2023: $787,522Net Assets 2023: $40,894,7972023Assets 2024: $38,587,035Liabilities 2024: $1,043,565Net Assets 2024: $37,543,4702024

Highlighted filing

2024

Assets$38,587,035
Liabilities$1,043,565
Net Assets$37,543,470
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$20M$0-$20MRevenue 2010: $4,423,287Expenses 2010: $4,092,385Net Income 2010: $330,9022010Revenue 2011: $14,021,926Expenses 2011: $6,024,128Net Income 2011: $7,997,7982011Revenue 2012: -$8,588,532Expenses 2012: $5,171,871Net Income 2012: -$13,760,4032012Revenue 2013: $804,563Expenses 2013: $4,138,921Net Income 2013: -$3,334,3582013Revenue 2014: $5,442,431Expenses 2014: $4,375,397Net Income 2014: $1,067,0342014Revenue 2015: $9,192,900Expenses 2015: $6,837,116Net Income 2015: $2,355,7842015Revenue 2016: $3,897,622Expenses 2016: $5,611,416Net Income 2016: -$1,713,7942016Revenue 2017: $35,628,077Expenses 2017: $9,164,508Net Income 2017: $26,463,5692017Revenue 2018: $11,364,744Expenses 2018: $13,206,545Net Income 2018: -$1,841,8012018Revenue 2019: $6,017,341Expenses 2019: $11,518,901Net Income 2019: -$5,501,5602019Revenue 2020: $5,647,289Expenses 2020: $9,014,836Net Income 2020: -$3,367,5472020Revenue 2021: $5,996,554Expenses 2021: $13,164,167Net Income 2021: -$7,167,6132021Revenue 2022: $23,174,349Expenses 2022: $14,502,572Net Income 2022: $8,671,7772022Revenue 2023: $17,989,915Expenses 2023: $17,879,302Net Income 2023: $110,6132023Revenue 2024: $13,938,804Expenses 2024: $17,290,131Net Income 2024: -$3,351,3272024

Highlighted filing

2024

Revenue$13,938,804
Expenses$17,290,131
Net Income-$3,351,327
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$38,587,035
Liabilities
$1,043,565
Net assets
$37,543,470
Revenue
$13,938,804
Expenses
$17,290,131
Net income
-$3,351,327
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.6$1.04$37.5$13.9$17.3$3.35
2023Detailed filing. Detailed filing data is available for this year.$41.7$0.79$40.9$18.0$17.9$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.4$0.62$40.8$23.2$14.5$8.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.6$0.44$32.1$6.00$13.2$7.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.0$0.74$39.3$5.65$9.01$3.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.8$0.17$42.6$6.02$11.5$5.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.4$0.21$48.1$11.4$13.2$1.84
2017Summary only. Only limited summary data is available for this year.$50.5$0.47$50.0$35.6$9.16$26.5
2016Summary only. Only limited summary data is available for this year.$23.7$0.17$23.5$3.90$5.61$1.71
2015Summary only. Only limited summary data is available for this year.$25.4$0.18$25.2$9.19$6.84$2.36
2014Summary only. Only limited summary data is available for this year.$23.1$0.25$22.8$5.44$4.38$1.07
2013Summary only. Only limited summary data is available for this year.$21.8$0.01$21.8$0.80$4.14$3.33
2012Summary only. Only limited summary data is available for this year.$25.1$0.03$25.1$8.59$5.17$13.8
2011Summary only. Only limited summary data is available for this year.$39.4$0.58$38.9$14.0$6.02$8.00
2010Summary only. Only limited summary data is available for this year.$30.9$0.00$30.9$4.42$4.09$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 24, 2025
Return Version
2024v5.2
Gross Receipts
$18,733,495
Mission and Program Overview

Mission

To support the united states merchant marine academy and other 501(c)(3) organizations and conduct maritime education and training.

To support the united states merchant marine academy & conduct maritime education/training

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,662,607$37,170,921▼ $3,491,686
Cash and Non-Interest-Bearing Accounts$437,964$967,583▲ $529,619
Accounts Receivable$554,301$384,599▼ $169,702
Prepaid Expenses and Deferred Charges$27,419$63,904▲ $36,485
Savings and Temporary Cash Investments$28$28→ $0
Total Assets$41,682,319$38,587,035▼ $3,095,284
Liabilities
Accounts Payable and Accrued Expenses$326,478$619,895▲ $293,417
Other Liabilities$461,044$423,670▼ $37,374
Total Liabilities$787,522$1,043,565▲ $256,043
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$40,413,555$37,341,393▼ $3,072,162
Net Assets With Donor Restrictions$481,242$202,077▼ $279,165
Total Net Assets Fund Balance$40,894,797$37,543,470▼ $3,351,327
Total Liabilities and Net Assets / Fund Balance$41,682,319$38,587,035▼ $3,095,284

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$36,882,916$26,973,360$63,856,276
Buildings$288,000$12,000$300,000
Equipment$5$132,510$132,515
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ralf SteitzPresidentFT$131,998$25,000$156,998
Larry a LarsenSecretary/treasurerFT$140,400-$140,400

Board Members and Trustees

NameTitle
Jeffery G NeuberthChairman
Brian GiorgioTrustee
Christopher J GasiorekTrustee
Paul StrauchTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
The 2nd 3rd LLCMarine Operations151 SE 1ST ST APT 2008, Miami, FL 33131$128,374
Icarus Sailing LLCProgram Management207 FERRY AVE, Charlevoix, MI 49720$124,012
Revenue and Support

Revenue Composition

Contributions and Grants
$16,771,921
Program Service Revenue
$0
Investment Income
$-4,041,312
Other Revenue
$1,208,195
All Other Contributions
$16,571,555
Change in Net Assets
$-3,351,327

Noncash Contribution Practices

Property subject to holding requirements
Yes
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Boats and Planes7$7,661,900Appraised Value
Total Noncash Contributions7$7,661,900-

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,938,804
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$13,938,804
Total Revenue per Form 990
$13,938,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,595,602
Salaries, Compensation, and Employee Benefits$528,033
Total Fundraising Expense$195,097
Grants and Similar Amounts Paid$166,496
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$6,358,895--$6,358,895
Fees for Services Other$2,492,474$155,641-$2,648,115
Travel$982,329$12,538-$994,867
Insurance$618,887$4,026-$622,913
Current Officers, Directors, Trustees, and Key Employees$117,513$79,300$100,585$297,398
Fees for Services Accounting$158,032$9,868-$167,900
Grants to Domestic Orgs$165,996--$165,996
Office Expenses$140,045$4,289-$144,334
Other Salaries and Wages$56,923$40,432$45,386$142,741
Other Expenses$125,782$5,349-$125,782
Fees for Services Legal$76,385$4,770-$81,155
Other Employee Benefits$18,827$4,538$29,609$52,974
Payroll Taxes$12,411$2,992$19,517$34,920
Interest$30,895--$30,895
Grants to Domestic Individuals$500--$500
Total Functional Expenses$16,761,348$333,686$195,097$17,290,131

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,290,131
Total Expenses per Audited Statements$17,290,131
Total Expenses per Form 990$17,290,131
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
US Merchant Marine AcademyKings Point, NYGOV'TProgram Support$0

International Summary

Offices
0
Employees
0
Spending
$5,551,541

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Program ServicesEducational Activities00$5,551,541
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$219,380
Long-term Debt Net of Current Portion$194,844
Current Portion of Long-term Debt$9,446
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the treasurer prior to filing with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy must be signed annually.”

Form 990, Part VI, Section C, Line 19

“The foundation will make its governing documents, conflict of interest policy, or financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Usmma Sailing Foundation Inc
EIN
11-3561278
Phone
6154658201
Address
PO BOX 1199, SPRING HILL, TN 37174
Doing Business As
Warrior Sailing Program

Signing Officer

Name
Larry a Larsen
Title
Treasurer
Phone
6154658201
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry a Larsen
Formed
2000
Legal Domicile
De
Voting Board Members
5
Independent Board Members
4
Employees
5
Volunteers
4

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees: program service expenses 2,492,474. Management and general expenses 155,641. Fundraising expenses 0. Total expenses 2,648,115.”

Raw XML AppendixShowing 400 of 567 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0326478
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0619895
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IRS990/ActivityOrMissionDesc0TO SUPPORT THE UNITED STATES MERCHANT MARINE ACADEMY & CONDUCT MARITIME EDUCATION/TRAINING
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0THE 2ND 3RD LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1ICARUS SAILING LLC
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IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-4041315
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0200366
IRS990/GrantAmt0166496
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0165996
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0165996
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0753376
IRS990/GrossReceiptsAmt018733495
IRS990/GrossRentsGrp/RealAmt011100
IRS990/GrossSalesOfInventoryAmt0886942
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04026
IRS990/InsuranceGrp/ProgramServicesAmt0618887
IRS990/InsuranceGrp/TotalAmt0622913
IRS990/InterestGrp/ProgramServicesAmt030895
IRS990/InterestGrp/TotalAmt030895
IRS990/InvestmentIncomeGrp/ExclusionAmt03
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt064
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt027117870
IRS990/LandBldgEquipBasisNetGrp/BOYAmt040662607
IRS990/LandBldgEquipBasisNetGrp/EOYAmt037170921
IRS990/LandBldgEquipCostOrOtherBssAmt064288791
IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04794691
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT THE UNITED STATES MERCHANT MARINE ACADEMY AND OTHER 501(C)(3) ORGANIZATIONS AND CONDUCT MARITIME EDUCATION AND TRAINING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt040894797
IRS990/NetAssetsOrFundBalancesEOYAmt037543470
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-4041315
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4041315
IRS990/NetIncomeOrLossGrp/ExclusionAmt0886942
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0886942
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt011100
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt011100
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt040413555
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt037341393
IRS990/NoncashContributionsAmt07661900
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04289
IRS990/OfficeExpensesGrp/ProgramServicesAmt0140045
IRS990/OfficeExpensesGrp/TotalAmt0144334
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt029609
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04538
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018827
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052974
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND EXPENDABLE
IRS990/OtherExpensesGrp/Desc1STORAGE, HAULING & TRUC
IRS990/OtherExpensesGrp/Desc2OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09943
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15349
IRS990/OtherExpensesGrp/ProgramServicesAmt03582031
IRS990/OtherExpensesGrp/ProgramServicesAmt11685775
IRS990/OtherExpensesGrp/ProgramServicesAmt2137648
IRS990/OtherExpensesGrp/ProgramServicesAmt3125782
IRS990/OtherExpensesGrp/TotalAmt03591974
IRS990/OtherExpensesGrp/TotalAmt11685775
IRS990/OtherExpensesGrp/TotalAmt2142997
IRS990/OtherExpensesGrp/TotalAmt3125782
IRS990/OtherLiabilitiesGrp/BOYAmt0461044
IRS990/OtherLiabilitiesGrp/EOYAmt0423670
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0310153
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0310153
IRS990/OtherRevenueTotalAmt0310153
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt045386
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040432
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt056923
IRS990/OtherSalariesAndWagesGrp/TotalAmt0142741
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt019517
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02992
IRS990/PayrollTaxesGrp/ProgramServicesAmt012411
IRS990/PayrollTaxesGrp/TotalAmt034920
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027419
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt063904
IRS990/PrincipalOfficerNm0LARRY A LARSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt017105914
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0474432
IRS990/PYInvestmentIncomeAmt0-866250
IRS990/PYOtherExpensesAmt016736729
IRS990/PYOtherRevenueAmt01750251
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0110613
IRS990/PYSalariesCompEmpBnftPaidAmt0668141
IRS990/PYTotalExpensesAmt017879302
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017989915
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3351327
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt011100
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt028
IRS990/SavingsAndTempCashInvstGrp/EOYAmt028
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2020 AMOUNT: $ 11,668. 2021 AMOUNT: $ 13,562. 2022 AMOUNT: $ 88,006. 2023 AMOUNT: $ 181,579. 2024 AMOUNT: $ 310,153.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016771921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt017105914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt024736373
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06736802
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013745997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt079097007
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030327
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0174214
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0489073
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0185766
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0890483
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04918188
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0310153
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0181579
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt088006
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt013562
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt011668
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0604968
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56600
IRS990ScheduleA/PublicSupportPY170Pct00.56590
IRS990ScheduleA/PublicSupportTotal170Amt045614635
IRS990ScheduleA/SubstantialContributorsTotAmt033482372
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016771921
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt017105914
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt024736373
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06736802
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013745997
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt079097007
IRS990ScheduleA/TotalSupportAmt080592458
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0288000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0300000
IRS990ScheduleD/EquipmentGrp/BookValueAmt05
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132510
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0132515
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt017290131
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt036882916
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026973360
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt063856276
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09446
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1194844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2219380
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CURRENT PORTION OF LONG-TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LONG-TERM DEBT NET OF CURRENT PORTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LINE OF CREDIT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013938804
IRS990ScheduleD/TotalBookValueLandBuildingsAmt037170921
IRS990ScheduleD/TotalExpensesPerForm990Amt017290131
IRS990ScheduleD/TotalLiabilityAmt0423670
IRS990ScheduleD/TotalRevenuePerForm990Amt013938804
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013938804
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017290131
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt05551541
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EDUCATIONAL ACTIVITIES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt05551541
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt05551541
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV'T
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0165996
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0SAILS & EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0US MERCHANT MARINE ACADEMY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0300 STEAMBOAT ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0KINGS POINT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd011024
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00

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