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Filing year 2023

US NAVAL ACADEMY FOUNDATION INC

Annapolis, Maryland·EIN 23-7003516·NTEE B12 · Education·501(c)(3)
Total revenue
$60.7M
Total assets
$369.1M
Total expenses
$43.6M
Reported officers
62

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Maryland.

Sec/evp Dev (see Sch J)
Officer (Unspecified)
$437k
$480k
Base
$305k
Bonus
$60k
Other
$18k
Benefits
$39k
President/ceo (see Sch J)
Above 90th percentile
$364k
$401k
Base
$259k
Bonus
$64k
Other
$14k
Benefits
$6k
VP Athletic & Scholarship PR (see Sch J)
Board Vice President
Median to 75th percentilevs Education peers nationwide
$234k
$257k
Base
$164k
Bonus
$32k
Other
$27k
Benefits
$3k
Vp, Regional Dev (see Sch J)
Board Vice President
Median to 75th percentilevs Education peers nationwide
$223k
$245k
Base
$174k
Bonus
$13k
Other
Benefits
$38k
EVP & Cfo/treas (thru 5/10/24) (see Sch J)
Executive Vice President
25th percentile to medianvs Education peers nationwide
$210k
$231k
Base
$129k
Bonus
$25k
Other
$8k
Benefits
$21k
Ed, Star Team (see Sch J)
Highest Compensated Employee
Median to 75th percentile
$175k
$192k
Base
$140k
Bonus
$4k
Other
Benefits
$31k
Ed, Donor Eng & Strat Ptnr (see Sch J)
Highest Compensated Employee
Median to 75th percentile
$173k
$190k
Base
$130k
Bonus
$10k
Other
Benefits
$34k
Managing Regional Dir, Development
Highest Compensated Employee
25th percentile to median
$143k
$158k
Exec Director of Finance (see Sch J)
Median to 75th percentile
$130k
$143k
Base
$91k
Bonus
$6k
Other
$13k
Benefits
$7k
Director, IT (see Sch J)
Chief Information Officer
10th to 25th percentilevs Education peers nationwide
$124k
$136k
Base
$80k
Bonus
$8k
Other
Benefits
$19k
Ed, Human Resources (see Sch J)
Key Employee
25th percentile to medianvs Education peers nationwide
$114k
$125k
Base
$82k
Bonus
$6k
Other
Benefits
$11k
Dr, Financial Reporting (see Sch J)
Highest Compensated Employee
Below 10th percentile
$102k
$112k
Base
$80k
Bonus
$6k
Other
Benefits
$5k
Sr Ad, Enterprise Network & Security
Highest Compensated Employee
Below 10th percentile
$80k
$88k

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 49 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at US NAVAL ACADEMY FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

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

Down 27%
from 2022

From $600k in 2022 to $437k in 2023.

$600k
2022
$437k
2023
In today's dollarsEst.
Down 30% in real terms$685k to $480k

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

Board Vice President pay fell 6% from 2022 to 2023, while revenue rose 42%.

$249k in 2022 to $234k in 2023.
  • Highest Compensated Employee pay fell 14% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about US NAVAL ACADEMY FOUNDATION INC

What does the Chief Executive Officer of US NAVAL ACADEMY FOUNDATION INC earn?

In 2023, the Chief Executive Officer of US NAVAL ACADEMY FOUNDATION INC received $364,452 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Maryland: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at US NAVAL ACADEMY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Maryland, the 2023 pay of the Chief Executive Officer at US NAVAL ACADEMY FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at US NAVAL ACADEMY FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are US NAVAL ACADEMY FOUNDATION INC's revenue and expenses?

In 2023, US NAVAL ACADEMY FOUNDATION INC reported $60.7M in total revenue and $43.6M in total expenses on its IRS Form 990.

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