Civic Intelligence

Dolphin Scholarship Foundation

990 • Fiscal year 2020 • EIN 54-6038828

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 17, 2020

Organization ProfileWWW.DOLPHINSCHOLARSHIP.ORG
4966 Euclid Road Suite 109Virginia Beach, VA 23462

(757) 671-3200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

34th percentile

0.12x

Higher debt load relative to revenue than 34% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

28th percentile

$67,827

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

32nd percentile

0.7%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

12th percentile

-34%

Faster revenue growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$5,911,071

Up $39,395 (+0.7%) from 2019

Net Assets

Down

$5,849,626

Down $4,137 (-0.1%) from 2019

Liabilities

Up

$61,445

Up $43,532 (+243%) from 2019

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin16th percentile

Revenue

Down

$510,067

Down $266,009 (-34%) from 2019

Expenses

Up

$589,511

Up $8,415 (+1.4%) from 2019

Net Income

Down

-$79,444

Down $274,424 (-141%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $3,768,341Liabilities 2011: $1,501Net Assets 2011: $3,766,8402011Assets 2012: $3,841,868Liabilities 2012: $2,909Net Assets 2012: $3,838,9592012Assets 2013: $4,059,793Liabilities 2013: $1,553Net Assets 2013: $4,058,2402013Assets 2014: $4,684,339Liabilities 2014: $1,822Net Assets 2014: $4,682,5172014Assets 2015: $4,804,066Liabilities 2015: $11,547Net Assets 2015: $4,792,5192015Assets 2016: $4,926,804Liabilities 2016: $2,470Net Assets 2016: $4,924,3342016Assets 2017: $5,116,213Liabilities 2017: $15,990Net Assets 2017: $5,100,2232017Assets 2018: $5,289,489Liabilities 2018: $5,416Net Assets 2018: $5,284,0732018Assets 2019: $5,871,676Liabilities 2019: $17,913Net Assets 2019: $5,853,7632019Assets 2020: $5,911,071Liabilities 2020: $61,445Net Assets 2020: $5,849,6262020Assets 2021: $6,998,541Liabilities 2021: $23,852Net Assets 2021: $6,974,6892021Assets 2022: $6,734,999Liabilities 2022: $27,628Net Assets 2022: $6,707,3712022Assets 2023: $7,643,427Liabilities 2023: $62,294Net Assets 2023: $7,581,1332023Assets 2024: $8,387,937Liabilities 2024: $55,357Net Assets 2024: $8,332,5802024Assets 2025: $9,001,838Liabilities 2025: $37,777Net Assets 2025: $8,964,0612025

Highlighted filing

2020

Assets$5,911,071
Liabilities$61,445
Net Assets$5,849,626
Open 2020 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $578,8142011Expenses 2012: $563,6552012Expenses 2013: $575,6272013Revenue 2014: $782,679Expenses 2014: $574,872Net Income 2014: $207,8072014Revenue 2015: $597,331Expenses 2015: $593,035Net Income 2015: $4,2962015Revenue 2016: $552,371Expenses 2016: $590,703Net Income 2016: -$38,3322016Revenue 2017: $546,727Expenses 2017: $566,898Net Income 2017: -$20,1712017Revenue 2018: $589,130Expenses 2018: $591,129Net Income 2018: -$1,9992018Revenue 2019: $776,076Expenses 2019: $581,096Net Income 2019: $194,9802019Revenue 2020: $510,067Expenses 2020: $589,511Net Income 2020: -$79,4442020Revenue 2021: $713,105Expenses 2021: $516,772Net Income 2021: $196,3332021Revenue 2022: $1,068,147Expenses 2022: $579,990Net Income 2022: $488,1572022Revenue 2023: $855,430Expenses 2023: $635,644Net Income 2023: $219,7862023Revenue 2024: $709,954Expenses 2024: $723,748Net Income 2024: -$13,7942024Revenue 2025: $612,629Expenses 2025: $761,199Net Income 2025: -$148,5702025

Highlighted filing

2020

Revenue$510,067
Expenses$589,511
Net Income-$79,444
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 17, 2020
Return Version
2019v5.0
Gross Receipts
$936,732
Mission and Program Overview

Mission

Easing the financial burden of undergraduate and vocational education for eligible members of the u.s. Submarine force and their dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,683,820$5,767,688▲ $83,868
Savings and Temporary Cash Investments$130,576$80,595▼ $49,981
Accounts Receivable$14,800$41,185▲ $26,385
Inventories for Sale or Use$7,335$6,140▼ $1,195
Prepaid Expenses and Deferred Charges$1,057$5,922▲ $4,865
Cash and Non-Interest-Bearing Accounts$23,558$843▼ $22,715
Land, Buildings, and Equipment, Net$1,252$257▼ $995
Total Assets$5,871,676$5,911,071▲ $39,395
Other Assets Total$9,278$8,441▼ $837
Liabilities
Deferred Revenue$10,000$35,996▲ $25,996
Unsecured Notes Loans Payable-$21,900-
Accounts Payable and Accrued Expenses$5,657$3,549▼ $2,108
Other Liabilities$2,256--
Total Liabilities$17,913$61,445▲ $43,532
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,987,650$4,946,163▼ $41,487
Net Assets With Donor Restrictions$866,113$903,463▲ $37,350
Total Net Assets Fund Balance$5,853,763$5,849,626▼ $4,137
Total Liabilities and Net Assets / Fund Balance$5,871,676$5,911,071▲ $39,395

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$257$20,943$21,200

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$866,113$5,207▲ $46,782-$903,463
2018$541,445$256,900▲ $83,032-$866,113
2017$495,347$13,831▲ $38,667-$541,445
2016$401,921$74,059▲ $30,133-$495,347
2015$377,061$410▲ $33,429-$401,921
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Andrew ClarkExecutive DiFT$67,827$67,827

Board Members and Trustees

NameTitle
Donna CaudleChairman
Charles J Beers JrPresident
Albert H Konetzni JrDirector
Barry L BrunerDirector
David BolcarDirector
James HayDirector
Maryellen BaldwinDirector
Michele LamphearDirector
Sheila McneillDirector
Steven W MaasDirector
Timothy W OliverDirector
Merrill H DormanSecretary/tr
Scott R Van BuskirkVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$153,838
Program Service Revenue
$0
Investment Income
$306,287
Other Revenue
$49,942
All Other Contributions
$150,348
Change in Net Assets
$-79,444

Audited Revenue Reconciliation

Revenue per Audited Statements
$493,606
Revenue Not Reported on Financial Statements
$16,461
Revenue Not Reported on Form 990
$75,307
Total Revenue per Audited Statements
$568,913
Total Revenue per Form 990
$510,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$399,103
Salaries, Compensation, and Employee Benefits$113,941
Other Expenses$76,467
Total Fundraising Expense$38,822
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$399,103--$399,103
Current Officers, Directors, Trustees, and Key Employees$37,305$13,565$16,957$67,827
Other Salaries and Wages$20,910$7,604$9,505$38,019
Occupancy$15,526$3,327$3,327$22,180
Fees for Service Investment Mgmnt Fees-$16,461-$16,461
Information Technology$7,906$1,694$1,694$11,294
Payroll Taxes$4,452$1,619$2,024$8,095
Fees for Services Accounting$3,444$738$738$4,920
Office Expenses$1,610$526$1,710$3,846
Insurance$2,077$445$445$2,967
Other Expenses$1,090$625$1,135$1,090
Fees for Services Legal$745$159$159$1,063
Depreciation Depletion$698$149$149$996
Advertising$736--$736
Travel$703--$703
All Other Expenses$328$68$68$464
Conferences and Meetings$149$32$32$213
Total Functional Expenses$499,701$50,988$38,822$589,511

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$589,511
Expenses per Audited Statements$573,050
Total Expenses per Audited Statements$573,050
Expenses Not Reported on Financial Statements$16,461
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,952
Fundraising Direct Expenses$7,956
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$29,377$29,377$4,291$25,086
Other Fundraisi$22,575$22,575$3,665$18,910
Total Events$51,952$51,952$7,956$43,996
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Page 6, Part VI, Line 11B

“A draft of the 990 is sent to the board for review and approval prior to filing with the internal revenue service.”

Form 990, Page 6, Part VI, Line 12C

“Annually the conflict of interest policy is reviewed with the board.”

Form 990, Page 6, Part VI, Line 15A

“The board performs annual performance evaluations of the executive director and re-evaluates compensation based on comparable data for similar national and local organizations.”

Form 990, Page 6, Part VI, Line 19

“The foundation makes its governing documents, conflict of interest policy statements, and financial statements available to the public at its offices by request.”

Filing and Contact Details

Filer

Filer Name
Dolphin Scholarship Foundation
EIN
54-6038828
Address
4966 EUCLID ROAD SUITE 109, VIRGINIA BEACH, VA 23462

Signing Officer

Name
Merrill H Dorman
Title
Secretary/treasurer
Signed
2020-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Merrill H Dorman
Formed
1990
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
1

Preparer

Firm
Barnes Brock Cornwell & Painter Plc
Address
908 EDEN WAY N STE 201, CHESAPEAKE, VA 23320-2640
Preparer
Kimberly C Painter CPA
Phone
7579615017
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a return, only when it is determined that the income tax position will more- likely-than-not be sustained upon examination by taxing authorities. The organization has analyzed the tax positions taken in its filings with the internal revenue service. The organization believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the organization's financial condition, results of operations or cash flows. Accordingly, the organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at june 30, 2020”

Schedule D, Page 4, Part XIII

“The organization's federal return of organization exempt from income tax (form 990) for 2020, 2019, 2018 and 2017 are subject to examination by the irs, generally for three years after they were filed. Form 990 page 1 net income of 510,067 does not include unrealized gains from investments in the amount of 75,307. Per the organization's audited financial statement, net income, including the unrealized gain and investment expenses, was 568,913 at june 30, 2020.”

Raw XML AppendixShowing 400 of 556 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05657
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03549
IRS990/AccountsReceivableGrp/BOYAmt014800
IRS990/AccountsReceivableGrp/EOYAmt041185
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EASING THE FINANCIAL BURDEN OF UNDERGRADUATE AND VOCATIONAL EDUCATION FOR ELIGIBLE MEMBERS OF THE U.S. SUBMARINE FORCE AND THEIR DEPENDENTS.
IRS990/AdvertisingGrp/ProgramServicesAmt0736
IRS990/AdvertisingGrp/TotalAmt0736
IRS990/AllOtherContributionsAmt0150348
IRS990/AllOtherExpensesGrp/FundraisingAmt068
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt068
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0328
IRS990/AllOtherExpensesGrp/TotalAmt0464
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0FINANCIAL ADMINISTRATOR
IRS990/BooksInCareOfDetail/PhoneNum07576713200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04966 EUCLID ROAD SUITE 109
IRS990/BooksInCareOfDetail/USAddress/CityNm0VIRGINIA BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023462
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt023558
IRS990/CashNonInterestBearingGrp/EOYAmt0843
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt016957
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt013565
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt037305
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt067827
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt032
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt032
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0149
IRS990/ConferencesMeetingsGrp/TotalAmt0213
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt03400
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0153838
IRS990/CYGrantsAndSimilarPaidAmt0399103
IRS990/CYInvestmentIncomeAmt0306287
IRS990/CYOtherExpensesAmt076467
IRS990/CYOtherRevenueAmt049942
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-79444
IRS990/CYSalariesCompEmpBnftPaidAmt0113941
IRS990/CYTotalExpensesAmt0589511
IRS990/CYTotalFundraisingExpenseAmt038822
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0510067
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt010000
IRS990/DeferredRevenueGrp/EOYAmt035996
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0149
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0149
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0698
IRS990/DepreciationDepletionGrp/TotalAmt0996
IRS990/Desc0DOLPHIN SCHOLARSHIP FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SET FORTH UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 OR THE CORRESPONDING PROVISION OF ANY FUTURE FEDERAL LAW OF TAXATION (THE CODE) AND PRIMARILY FOR THE PURPOSE OF HOLDING, INVESTING, ADMINISTERING AND DISTRIBUTING FUNDS TO PROVIDE FINANCIAL ASSISTANCE TO CERTAIN OF THE DEPENDENTS OF OFFICERS AND ENLISTED PERSONNEL OF THE SUBMARINE FORCE OF THE UNITED STATES NAVY IN ORDER TO ENABLE AND ASSIST SUCH DEPENDENTS TO PURSUE A POST-SECONDARY EDUCATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0866113
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0903463
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0499701
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FederatedCampaignsAmt03490
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0738
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0738
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03444
IRS990/FeesForServicesAccountingGrp/TotalAmt04920
IRS990/FeesForServicesLegalGrp/FundraisingAmt0159
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0159
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0745
IRS990/FeesForServicesLegalGrp/TotalAmt01063
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt016461
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt016461
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES J BEERS JR
IRS990/Form990PartVIISectionAGrp/PersonNm1MERRILL H DORMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2SCOTT R VAN BUSKIRK
IRS990/Form990PartVIISectionAGrp/PersonNm3DONNA CAUDLE
IRS990/Form990PartVIISectionAGrp/PersonNm4MARYELLEN BALDWIN
IRS990/Form990PartVIISectionAGrp/PersonNm5SHEILA MCNEILL
IRS990/Form990PartVIISectionAGrp/PersonNm6TIMOTHY W OLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES HAY
IRS990/Form990PartVIISectionAGrp/PersonNm8STEVEN W MAAS
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHELE LAMPHEAR
IRS990/Form990PartVIISectionAGrp/PersonNm10BARRY L BRUNER
IRS990/Form990PartVIISectionAGrp/PersonNm11ALBERT H KONETZNI JR
IRS990/Form990PartVIISectionAGrp/PersonNm12DAVID BOLCAR
IRS990/Form990PartVIISectionAGrp/PersonNm13ANDREW CLARK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1367827
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt07956
IRS990/FundraisingGrossIncomeAmt051952
IRS990/GainOrLossGrp/SecuritiesAmt0166739
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0399103
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0399103
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0399103
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0582048
IRS990/GrossReceiptsAmt0936732
IRS990/GrossSalesOfInventoryAmt09346
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01694
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01694
IRS990/InformationTechnologyGrp/ProgramServicesAmt07906
IRS990/InformationTechnologyGrp/TotalAmt011294
IRS990/InsuranceGrp/FundraisingAmt0445
IRS990/InsuranceGrp/ManagementAndGeneralAmt0445
IRS990/InsuranceGrp/ProgramServicesAmt02077
IRS990/InsuranceGrp/TotalAmt02967
IRS990/InventoriesForSaleOrUseGrp/BOYAmt07335
IRS990/InventoriesForSaleOrUseGrp/EOYAmt06140
IRS990/InvestmentIncomeGrp/ExclusionAmt0139548
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0139548
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05683820
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05767688
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020943
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01252
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0257
IRS990/LandBldgEquipCostOrOtherBssAmt021200
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0415309
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EASING THE FINANCIAL BURDEN OF UNDERGRADUATE AND VOCATIONAL EDUCATION FOR ELIGIBLE MEMBERS OF THE U.S. SUBMARINE FORCE AND THEIR DEPENDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05853763
IRS990/NetAssetsOrFundBalancesEOYAmt05849626
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0166739
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0166739
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt043996
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt043996
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt05946
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt05946
IRS990/NetUnrlzdGainsLossesInvstAmt075307
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04987650
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04946163
IRS990/NoncashContributionsAmt014793
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt03327
IRS990/OccupancyGrp/ManagementAndGeneralAmt03327
IRS990/OccupancyGrp/ProgramServicesAmt015526
IRS990/OccupancyGrp/TotalAmt022180
IRS990/OfficeExpensesGrp/FundraisingAmt01710
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0526
IRS990/OfficeExpensesGrp/ProgramServicesAmt01610
IRS990/OfficeExpensesGrp/TotalAmt03846
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09278
IRS990/OtherAssetsTotalGrp/EOYAmt08441
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL & MAINT
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3REGISTRATION
IRS990/OtherExpensesGrp/FundraisingAmt0254
IRS990/OtherExpensesGrp/FundraisingAmt1625
IRS990/OtherExpensesGrp/FundraisingAmt21135
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03976
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1625
IRS990/OtherExpensesGrp/ProgramServicesAmt02919
IRS990/OtherExpensesGrp/ProgramServicesAmt11090
IRS990/OtherExpensesGrp/TotalAmt04230
IRS990/OtherExpensesGrp/TotalAmt14169
IRS990/OtherExpensesGrp/TotalAmt21135
IRS990/OtherExpensesGrp/TotalAmt31090
IRS990/OtherLiabilitiesGrp/BOYAmt02256
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09505
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07604
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt020910
IRS990/OtherSalariesAndWagesGrp/TotalAmt038019
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02024
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01619
IRS990/PayrollTaxesGrp/ProgramServicesAmt04452
IRS990/PayrollTaxesGrp/TotalAmt08095
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01057
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05922
IRS990/PrincipalOfficerNm0MERRILL H DORMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0528631
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0387150
IRS990/PYInvestmentIncomeAmt0250587
IRS990/PYOtherExpensesAmt081391
IRS990/PYOtherRevenueAmt0-3142
IRS990/PYRevenuesLessExpensesAmt0194980
IRS990/PYSalariesCompEmpBnftPaidAmt0112555
IRS990/PYTotalExpensesAmt0581096
IRS990/PYTotalRevenueAmt0776076
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-79444
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0130576
IRS990/SavingsAndTempCashInvstGrp/EOYAmt080595
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0GROSS INCOME FROM FUNDRAISING EVENTS 40,895
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0153838
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0528631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0394657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0402032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0318593
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01797751
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0139548
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0132752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0126739
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0134526
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0139797
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0673362
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt026270
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt051952
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09880
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt09152
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt011856
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt010007
IRS990ScheduleA/OtherIncome170Grp/TotalAmt092847
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64320
IRS990ScheduleA/PublicSupportPY170Pct00.68330
IRS990ScheduleA/PublicSupportTotal170Amt01649030
IRS990ScheduleA/SubstantialContributorsTotAmt0148721
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0153838
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0528631
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0394657
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0402032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0318593
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01797751
IRS990ScheduleA/TotalSupportAmt02563960
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/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt02539
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0866113
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05207
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0903463
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt012100
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt046782
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01064
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0541445
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0256900
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0866113
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt014200
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt083032

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,911,071
Liabilities
$61,445
Net assets
$5,849,626
Revenue
$510,067
Expenses
$589,511
Net income
-$79,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.00$0.04$8.96$0.61$0.76$0.15
2024Detailed filing. Detailed filing data is available for this year.$8.39$0.06$8.33$0.71$0.72$0.01
2023Detailed filing. Detailed filing data is available for this year.$7.64$0.06$7.58$0.86$0.64$0.22
2022Detailed filing. Detailed filing data is available for this year.$6.73$0.03$6.71$1.07$0.58$0.49
2021Detailed filing. Detailed filing data is available for this year.$7.00$0.02$6.97$0.71$0.52$0.20
2020Detailed filing. Detailed filing data is available for this year.$5.91$0.06$5.85$0.51$0.59$0.08
2019Detailed filing. Detailed filing data is available for this year.$5.87$0.02$5.85$0.78$0.58$0.19
2018Detailed filing. Detailed filing data is available for this year.$5.29$0.01$5.28$0.59$0.59$0.00
2017Detailed filing. Detailed filing data is available for this year.$5.12$0.02$5.10$0.55$0.57$0.02
2016Detailed filing. Detailed filing data is available for this year.$4.93$0.00$4.92$0.55$0.59$0.04
2015Detailed filing. Detailed filing data is available for this year.$4.80$0.01$4.79$0.60$0.59$0.00
2014Detailed filing. Detailed filing data is available for this year.$4.68$0.00$4.68$0.78$0.57$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.00$4.06$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.00$3.84$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$0.00$3.77$0.58