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Filing year 2024

THE NAVAL INSTITUTE FOUNDATION INC

Annapolis, Maryland·EIN 52-1814344·501(c)(3)
Total revenue
$6.1M
Total assets
$14.7M
Total expenses
$4.8M
Reported officers
16
Mission

THE NAVAL INSTITUTE FOUNDATION WAS ORGANIZED TO OPERATE EXCLUSIVELY TO RAISE FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES TO FURTHER THE MISSION AND POLICIES OF THE UNITED STATES NAVAL INSTITUTE.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Treasurer
25th percentile to median
$35k
$38k
Ceo, Director
10th to 25th percentile
$25k
$27k
Coo, Secretary, Director
Below 10th percentile
$10k
$11k
Former Ceo, Consultant
Former Officer/director/trustee
Below 10th percentile
$94
$100

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 6%
from 2023

From $33k in 2023 to $35k in 2024.

$33k
2023
$35k
2024
In today's dollarsEst.
Up 3% in real terms$37k to $38k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 6% from 2023 to 2024, while revenue fell 35%.

$33k in 2023 to $35k in 2024.
  • Chief Executive Officer pay rose 149% from 2023 to 2024.
  • Chief Operating Officer pay rose 46% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE NAVAL INSTITUTE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.4M
$5.2M
2023
$6.1M
$4.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE NAVAL INSTITUTE FOUNDATION INC

What does the Chief Financial Officer of THE NAVAL INSTITUTE FOUNDATION INC earn?

In 2024, the Chief Financial Officer of THE NAVAL INSTITUTE FOUNDATION INC received $35,235 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at THE NAVAL INSTITUTE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at THE NAVAL INSTITUTE FOUNDATION INC falls between the 25th percentile and the median.

What are THE NAVAL INSTITUTE FOUNDATION INC's revenue and expenses?

In 2024, THE NAVAL INSTITUTE FOUNDATION INC reported $6.1M in total revenue and $4.8M in total expenses on its IRS Form 990.

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