MARINE MILITARY ACADEMY FOUNDATION (EIN 061803198) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

CHRISTOPHER S DOWLING

Phone

9564236006

Tax Period

2024-01-01 to 2024-12-31

MARINE MILITARY ACADEMY FOUNDATION, founded in 2007, is a small nonprofit in the Education sector that reported $168K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $331K exceeded revenue, resulting in a 97% operating deficit.

Mission

THE MARINE MILITARY ACADEMY FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF MARINE MILITARY ACADEMY, INC., A COLLEGE PREPARATORY BOARDING SCHOOL FOR YOUNG MEN GRADES 7 THROUGH 12.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,023

Program Service Revenue $0

Investment Income $151,011

Other Revenue $0

TOTAL REVENUE $168,034

Expense Breakdown

Grants Paid $308,189

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $308,189

Other Expenses $22,994

TOTAL EXPENSES $331,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$168,034	$120,558	+0.4%
Expenses	$331,183	$380,536	-0.1%
Net Income	$-163,149	$-259,978	-0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$452,131

Total Directors

$452,131

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER S DOWLING	PRESIDENT	0.50	Officer Director	$0	$67,778	$247,778
JOHN D BUTLER	TREASURER	0.50	Officer Director	$0	$49,353	$204,353
RICKY LEAL	SECRETARY	0.50	Officer Director	$0	$0	$0
EDGAR D ARONSON	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT G HILL	DIRECTOR	0.50	Director	$0	$0	$0
WENDELL F JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
KEVIN CAMPBELL	DIRECTOR	0.50	Director	$0	$0	$0
JASON CARTER	DIRECTOR	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$168,034	$331,183	$6,291,370	$-163,149
2023	$120,558	$380,536	$5,880,392	$-259,978
2022	$98,707	$324,972	$5,476,646	$-226,265
2021	$1,284,020	$312,768	$6,752,634	$971,252
2020	$440,574	$577,021	$6,259,327	$-136,447
2019	$137,833	$290,895	$6,250,573	$-153,062
2018	$651,217	$289,491	$5,621,928	$361,726

MARINE MILITARY ACADEMY FOUNDATION