Civic Intelligence

U S Naval Sea Cadet Foundation Inc

EIN 56-2408734 • 501(c)3 • Arlington, VA

Profile

See line 4a below

2300 Wilson BlvdArlington, VA 22201-5424

n/A

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

2nd percentile

-195%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

77th percentile

17%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

10%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,326,096

Up $773,027 (+17%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$5,326,096

Up $773,027 (+17%) from 2023

Revenue

Up

$73,124

Up $6,687 (+10%) from 2023

Expenses

Up

$216,001

Up $12,446 (+6.1%) from 2023

Net Income

Down

-$142,877

Down $5,759 (-4.2%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,128,182Liabilities 2011: $2,000Net Assets 2011: $2,126,1822011Assets 2012: $2,214,019Liabilities 2012: $1,900Net Assets 2012: $2,212,1192012Assets 2013: $2,509,056Liabilities 2013: $0Net Assets 2013: $2,509,0562013Assets 2014: $2,525,544Liabilities 2014: $0Net Assets 2014: $2,525,5442014Assets 2015: $2,408,583Liabilities 2015: $1,000Net Assets 2015: $2,407,5832015Assets 2016: $2,679,757Liabilities 2016: $786Net Assets 2016: $2,678,9712016Assets 2017: $3,150,696Liabilities 2017: $0Net Assets 2017: $3,150,6962017Assets 2018: $3,008,738Liabilities 2018: $0Net Assets 2018: $3,008,7382018Assets 2019: $3,774,617Liabilities 2019: $0Net Assets 2019: $3,774,6172019Assets 2020: $3,782,294Liabilities 2020: $0Net Assets 2020: $3,782,2942020Assets 2021: $4,743,217Liabilities 2021: $0Net Assets 2021: $4,743,2172021Assets 2022: $3,834,481Liabilities 2022: $4,066Net Assets 2022: $3,830,4152022Assets 2023: $4,553,069Liabilities 2023: $0Net Assets 2023: $4,553,0692023Assets 2024: $5,326,096Liabilities 2024: $0Net Assets 2024: $5,326,0962024

Highlighted filing

2024

Assets$5,326,096
Liabilities$0
Net Assets$5,326,096

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $55,4582011Expenses 2012: $52,1462012Revenue 2013: $198,070Expenses 2013: $47,259Net Income 2013: $150,8112013Revenue 2014: $119,525Expenses 2014: $84,332Net Income 2014: $35,1932014Revenue 2015: $137,827Expenses 2015: $56,485Net Income 2015: $81,3422015Revenue 2016: $103,982Expenses 2016: $58,551Net Income 2016: $45,4312016Revenue 2017: $111,793Expenses 2017: $46,416Net Income 2017: $65,3772017Revenue 2018: $92,155Expenses 2018: $844Net Income 2018: $91,3112018Revenue 2019: $93,180Expenses 2019: $95,848Net Income 2019: -$2,6682019Revenue 2020: $113,602Expenses 2020: $544,764Net Income 2020: -$431,1622020Revenue 2021: $67,525Expenses 2021: $3,625Net Income 2021: $63,9002021Revenue 2022: $66,078Expenses 2022: $7,797Net Income 2022: $58,2812022Revenue 2023: $66,437Expenses 2023: $203,555Net Income 2023: -$137,1182023Revenue 2024: $73,124Expenses 2024: $216,001Net Income 2024: -$142,8772024

Highlighted filing

2024

Revenue$73,124
Expenses$216,001
Net Income-$142,877

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.33$0.00$5.33$0.07$0.22$0.14
2023Detailed filing. Detailed filing data is available for this year.$4.55$0.00$4.55$0.07$0.20$0.14
2022Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$0.07$0.01$0.06
2021Detailed filing. Detailed filing data is available for this year.$4.74$0.00$4.74$0.07$0.00$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.78$0.00$3.78$0.11$0.54$0.43
2019Detailed filing. Detailed filing data is available for this year.$3.77$0.00$3.77$0.09$0.10$0.00
2018Detailed filing. Detailed filing data is available for this year.$3.01$0.00$3.01$0.09$0.00$0.09
2017Summary only. Only limited summary data is available for this year.$3.15$0.00$3.15$0.11$0.05$0.07
2016Summary only. Only limited summary data is available for this year.$2.68$0.00$2.68$0.10$0.06$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$0.14$0.06$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$0.12$0.08$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.51$0.20$0.05$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.00$2.21$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.00$2.13$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 16, 2025
Return Version
2024v5.1
Gross Receipts
$73,124
Mission and Program Overview

Mission

The mission of the foundation is to promote, encourage, and aid american youth to develop interest and skill in basic seamanship, and the importance of patriotism, courage, and kindred values, and it raises funds and scholarships for these purposes.

See Part III Line 4a

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,540,996$5,296,425▲ $755,429
Cash and Non-Interest-Bearing Accounts$12,073$29,671▲ $17,598
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$4,553,069$5,326,096▲ $773,027
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,553,069$5,326,096▲ $773,027
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$4,553,069$5,326,096▲ $773,027
Total Liabilities and Net Assets / Fund Balance$4,553,069$5,326,096▲ $773,027

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$4,553,069$500▲ $988,528$0$5,326,096
2023$0$0→ $0$0$0
2022$0$0→ $0$0$0
2021$0$0→ $0$0$0
2020$0$0→ $0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Timothy D MoonPresident and Trustee
Dean Castaldo JrSecretary and Trustee
William KellerTreasurer and Trustee
Frank RussoTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$72,624
Other Revenue
$500
All Other Contributions
$0
Change in Net Assets
$-142,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$200,000
Other Expenses$16,001
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$200,000--$200,000
Fees for Services Accounting$0$16,001$0$16,001
Total Functional Expenses$200,000$16,001$0$216,001
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
US Naval Sea Cadet CorpsArlington, VA501(c)(3)Grant to Supported Organizatoin$200,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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

Part VI, Line 8A

The organization does not have committees; rather all board actions are taken by the board as a whole. Hence there are no minutes of committee meetings.

Part VI, Line 11B

The form 990 is prepared by an outside cpa and reviewed by management. A board resolution is required in order for the form 990 to be filed.

Part VI, Line 19

The governing documents and all its policies are publicly available as the law may require and will be disclosed to the public upon request.

Part VI Line 15

| Explanation:| THE ORGANIZATION DOES NOT HAVE ANY COMPENSATION POLICIES BECAUSE IT DOES NOT HAVE EMPLOYEES.

Part VI Line 12

| Explanation:| THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY STATING THAT ALL DIRECTORS OFFICERS AND AGENTS OF THE FOUNDATION SHALL DISCLOSE ALL REAL OR APPARENT CONFLICTS OF INTEREST THAT THEY DISCOVER OR ARE BROGHT TO THEIR ATTENTION IN CONNECTION WITH THE ORGANIZATIONS ACTIVITIES. THIS REQUIREMENT APPLIES TO ALL BOARD MEMBERS ON AN ANNUAL BASIS.

Filing and Contact Details

Filer

Filer Name
U S Naval Sea Cadet Foundation Inc
EIN
56-2408734
In Care Of
% Timothy D Moon
Phone
7035497722
Address
2300 WILSON BLVD, ARLINGTON, VA 22201-5424

Signing Officer

Name
Timothy D Moon
Title
President
Signed
2025-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy D Moon
Formed
2004
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
EO Tax Services LLC
Address
4508 Sunflower Dr, Rockville, MD 20853
Preparer
R Michael Sorrells
Raw XML AppendixShowing 400 of 687 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.

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IRS990/InvestmentsPubTradedSecGrp/BOYAmt04540996
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05296425
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
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IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0MA
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
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IRS990/MissionDesc0See line 4a below
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
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IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0915904
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04553069
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05326096
IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OccupancyGrp/FundraisingAmt00
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IRS990/OfficeExpensesGrp/FundraisingAmt00
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
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IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
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IRS990/OtherLiabilitiesGrp/BOYAmt00
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IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/OtherRevenueTotalAmt0500
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
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IRS990/PrincipalOfficerNm0Timothy D Moon
IRS990/PriorPeriodAdjustmentsAmt00
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
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IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
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