Civic Intelligence

The Tailhook Association

990 • Fiscal year 2024 • EIN 95-2555350

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 12, 2025

Organization Profilewww.tailhook.net
9696 Business Park AveSan Diego, CA 92131

(800) 322-4665

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.02x

Higher debt load relative to revenue than 26% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

57th percentile

8.1%

Higher net margin than 57% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$165,210

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

79th percentile

11%

Faster asset growth than 79% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

37%

Faster revenue growth than 90% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$3,431,673

Up $346,997 (+11%) from 2023

Net Assets

Up

$3,386,338

Up $303,218 (+9.8%) from 2023

Liabilities

Up

$45,335

Up $43,779 (+2814%) from 2023

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin57th percentile

Revenue

Up

$1,858,826

Up $504,050 (+37%) from 2023

Expenses

Up

$1,708,139

Up $357,051 (+26%) from 2023

Net Income

Up

$150,687

Up $146,999 (+3986%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,317,304Liabilities 2010: $65,388Net Assets 2010: $1,251,9162010Assets 2011: $1,324,013Liabilities 2011: $1,561Net Assets 2011: $1,322,4522011Assets 2012: $1,352,478Liabilities 2012: $1,657Net Assets 2012: $1,350,8212012Assets 2013: $1,392,705Liabilities 2013: $995Net Assets 2013: $1,391,7102013Assets 2014: $1,503,013Liabilities 2014: $41,092Net Assets 2014: $1,461,9212014Assets 2015: $1,511,853Liabilities 2015: $23,551Net Assets 2015: $1,488,3022015Assets 2016: $1,616,388Liabilities 2016: $1,429Net Assets 2016: $1,614,9592016Assets 2017: $1,795,888Liabilities 2017: $36,475Net Assets 2017: $1,759,4132017Assets 2018: $2,064,384Liabilities 2018: $9,570Net Assets 2018: $2,054,8142018Assets 2019: $1,806,008Liabilities 2019: $726Net Assets 2019: $1,805,2822019Assets 2020: $2,856,861Liabilities 2020: $75,866Net Assets 2020: $2,780,9952020Assets 2021: $2,999,143Liabilities 2021: $786Net Assets 2021: $2,998,3572021Assets 2022: $2,500,696Liabilities 2022: $1,385Net Assets 2022: $2,499,3112022Assets 2023: $3,084,676Liabilities 2023: $1,556Net Assets 2023: $3,083,1202023Assets 2024: $3,431,673Liabilities 2024: $45,335Net Assets 2024: $3,386,3382024Assets 2025: $3,767,960Liabilities 2025: $88,989Net Assets 2025: $3,678,9712025

Highlighted filing

2024

Assets$3,431,673
Liabilities$45,335
Net Assets$3,386,338
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,047,2692010Expenses 2011: $1,147,3952011Revenue 2012: $1,107,559Expenses 2012: $1,079,190Net Income 2012: $28,3692012Revenue 2013: $1,072,247Expenses 2013: $1,031,358Net Income 2013: $40,8892013Revenue 2014: $1,092,142Expenses 2014: $1,021,931Net Income 2014: $70,2112014Revenue 2015: $1,103,153Expenses 2015: $1,076,772Net Income 2015: $26,3812015Revenue 2016: $1,267,020Expenses 2016: $1,140,363Net Income 2016: $126,6572016Revenue 2017: $1,314,450Expenses 2017: $1,169,995Net Income 2017: $144,4552017Revenue 2018: $1,218,554Expenses 2018: $1,101,507Net Income 2018: $117,0472018Revenue 2019: $1,210,235Expenses 2019: $1,094,424Net Income 2019: $115,8112019Revenue 2020: $1,875,408Expenses 2020: $899,695Net Income 2020: $975,7132020Revenue 2021: $1,482,144Expenses 2021: $1,264,782Net Income 2021: $217,3622021Revenue 2022: $1,530,755Expenses 2022: $2,029,801Net Income 2022: -$499,0462022Revenue 2023: $1,354,776Expenses 2023: $1,351,088Net Income 2023: $3,6882023Revenue 2024: $1,858,826Expenses 2024: $1,708,139Net Income 2024: $150,6872024Revenue 2025: $1,953,398Expenses 2025: $1,757,310Net Income 2025: $196,0882025

Highlighted filing

2024

Revenue$1,858,826
Expenses$1,708,139
Net Income$150,687
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$2,699,589
Mission and Program Overview

Mission

The Tailhook Association is an independent, fraternal, nonprofit organization internationally recognized as the premier supporter of the aircraft carrier and other sea-based aviation.The purpose of the Association are: to foster, encourage, develop, study, and support the aircraft carrier, sea-based aircraft, both fixed and rotary wing, and aircrews of the United States of America; and to educate and inform the public in the appropriate role of the aircraft carrier and carrier aviation in the nations's defense system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,472,646$2,729,861▲ $257,215
Land, Buildings, and Equipment, Net$296,172$468,685▲ $172,513
Savings and Temporary Cash Investments$100,944$0▼ $100,944
Cash and Non-Interest-Bearing Accounts$64,060$92,488▲ $28,428
Inventories for Sale or Use$99,385$82,408▼ $16,977
Accounts Receivable$51,469$58,231▲ $6,762
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,084,676$3,431,673▲ $346,997
Other Assets Total-$0-
Liabilities
Deferred Revenue-$43,290-
Other Liabilities$1,505$1,994▲ $489
Accounts Payable and Accrued Expenses$51$51→ $0
Total Liabilities$1,556$45,335▲ $43,779
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,083,120$3,386,338▲ $303,218
Total Net Assets Fund Balance$3,083,120$3,386,338▲ $303,218
Total Liabilities and Net Assets / Fund Balance$3,084,676$3,431,673▲ $346,997

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$217,592$18,430$236,022
Buildings$52,938$173,880$226,818
Land$197,936-$197,936
Equipment-$28,244$28,244
Other Land Buildings$219$4,697$4,916
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Capt Greggory Keithley UsnExecutive DirectorFT$145,210$20,000$165,210
CAPT RODGER WELCH USN RetOfficerFT$124,969-$124,969

Board Members and Trustees

NameTitle
RADM MIKE MANAZIR USN RetChairman
Cdr Kristen Findlay UsnPresident
CAPT ADAN COVARRUBIAS USN ReDirector
CAPT BRAD RUSSELL USN RetDirector
CAPT JIM GIGLIOTTI USN RetDirector
CAPT JJ CUMMINGS USN RetDirector
CAPT SHAWN MALONE USN RetDirector
CAPT WALT SLAUGHTER USN RetDirector
CDR COREY PRITCHARD USN RetDirector
Cdr Antonia Miggins UsnDirector
Lcol Jarrod Devore UsmcDirector
Melodie PalmerDirector
RDML JJ QUINN USN RetDirector
VADM CHIP MILLER USN RetDirector
VADM GERALD BEAMAN USN RetDirector
CDR TOM LAWSON USN RetCFO
CAPT JIM DIMATTEO USN RetOfficer
CAPT MICHAEL LISA USN RetOfficer
CAPT WD KNUTSON USN RetOfficer
CDR JIM MAX GROSS USN RetOfficer
CDR MEHDI AKACEM USN RetOfficer
CDR TIM MURPHY USN RetOfficer
Capt Beth Creighton UsnOfficer
Capt James Bates UsnOfficer
Capt Kevin Mclaughlin Usn Rofficer
Capt Sterling G Gilliam UsnOfficer
Capt Walt Stammer UsnOfficer
CAPT LONNY MCCLUNG USN RetPres. Emeritus
CDR NEIL ZERBE USN RetSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$349,369
Investment Income
$118,408
Other Revenue
$1,391,049
Change in Net Assets
$150,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,009,167
Salaries, Compensation, and Employee Benefits$698,972
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$573,683--$573,683
Other Salaries and Wages-$345,408-$345,408
Current Officers, Directors, Trustees, and Key Employees---$290,179
All Other Expenses$2,053$88,688-$90,741
Payroll Taxes-$51,117-$51,117
Occupancy-$33,566-$33,566
Information Technology-$18,883-$18,883
Other Expenses-$18,385-$18,385
Travel-$13,800-$13,800
Pension Plan Contributions-$12,268-$12,268
Insurance-$11,458-$11,458
Fees for Services Other-$10,930-$10,930
Fees for Service Investment Mgmnt Fees-$10,390-$10,390
Depreciation Depletion---$10,383
Fees for Services Accounting-$9,623-$9,623
Office Expenses-$3,916-$3,916
Total Functional Expenses$575,736$831,841$0$1,708,139
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Payable - Hi$1,557
Sales Tax Payable$256
Payroll Tax Payable - Fl$181
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
The Tailhook Association
EIN
95-2555350
Phone
8003224665
Address
9696 BUSINESS PARK AVE, SAN DIEGO, CA 92131

Signing Officer

Name
Gregory Keithley
Title
Executive Director
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
CA
Voting Board Members
31
Independent Board Members
31
Employees
9
Volunteers
29

Preparer

Firm
Accounting Solutions as Inc
Address
2160 Fletcher Parkway Ste 200, El Cajon, CA 92020
Preparer
Doane Glitschka CPA
Phone
6194407003
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IRS990/Form990PartVIISectionAGrp/TitleTxt17Pres. Emeritus
IRS990/Form990PartVIISectionAGrp/TitleTxt18Secretary
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IRS990/MissionDesc0The Tailhook Association is an independent, fraternal, nonprofit organization internationally recognized as the premier supporter of the aircraft carrier and other sea-based aviation.The purpose of the Association are: to foster, encourage, develop, study, and support the aircraft carrier, sea-based aircraft, both fixed and rotary wing, and aircrews of the United States of America; and to educate and inform the public in the appropriate role of the aircraft carrier and carrier aviation in the nations's defense system.
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Document Assets

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Filings

Displayed year

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

Open filing
Assets
$3,431,673
Liabilities
$45,335
Net assets
$3,386,338
Revenue
$1,858,826
Expenses
$1,708,139
Net income
$150,687
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.77$0.09$3.68$1.95$1.76$0.20
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$0.05$3.39$1.86$1.71$0.15
2023Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$1.35$1.35$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$1.53$2.03$0.50
2021Detailed filing. Detailed filing data is available for this year.$3.00$0.00$3.00$1.48$1.26$0.22
2020Detailed filing. Detailed filing data is available for this year.$2.86$0.08$2.78$1.88$0.90$0.98
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$1.21$1.09$0.12
2018Detailed filing. Detailed filing data is available for this year.$2.06$0.01$2.05$1.22$1.10$0.12
2017Summary only. Only limited summary data is available for this year.$1.80$0.04$1.76$1.31$1.17$0.14
2016Summary only. Only limited summary data is available for this year.$1.62$0.00$1.61$1.27$1.14$0.13
2015Summary only. Only limited summary data is available for this year.$1.51$0.02$1.49$1.10$1.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.50$0.04$1.46$1.09$1.02$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$1.07$1.03$0.04
2012Summary only. Only limited summary data is available for this year.$1.35$0.00$1.35$1.11$1.08$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.00$1.32$1.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.07$1.25$1.05
Peer Organizations

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