NEW ORLEANS MILITARY AND MARITIME ACADEMY INC

EIN: 270868305 501(c)(3) Education

NEW ORLEANS, LA

Total Revenue
$17,887,151
Total Expenses
$18,085,590
Total Assets
$25,484,249
Net Assets
$13,806,087
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
LA
Principal Officer
COLONEL CHRIS SCHLAFER
Phone
5042273810
Tax Period
2024-07-01 to 2025-06-30

NEW ORLEANS MILITARY AND MARITIME ACADEMY INC, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $17.9M in total revenue in fiscal year 2024.

Mission

TO EDUCATE HIGH SCHOOL STUDENTS, NO MATTER THEIR BACKGROUND OR PREVIOUS SCHOOL EXPERIENCE, TO FULLY ACHIEVE THEIR PERSONAL AND ACADEMIC POTENTIAL THROUGH THE ACQUISITION OF CORE KNOWLEDGE AND THE SKILLS OF ANALYSIS, PROBLEM SOLVING, COMMUNICATION AND GLOBAL RESPONSIBILITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,582,637
Program Service Revenue $280,005
Investment Income $806,340
Other Revenue $218,169
TOTAL REVENUE $17,887,151

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,753,551
Fundraising Expenses $0
Program Expenses $12,736,339
Other Expenses $6,332,039
TOTAL EXPENSES $18,085,590

Year-over-Year Comparison

2024 2023 Change
Revenue $17,887,151 $17,394,574 +0.0%
Expenses $18,085,590 $16,995,220 +0.1%
Net Income $-198,439 $399,354 -1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
173
Volunteers
10

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
5
$410,830
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLONEL TERRY EBBERT PRESIDENT 2.00
Officer Director
$0 $0 $0
DR MARCELLUS GRACE BOARD MEMBER 1.00
Director
$0 $0 $0
MR DOUG DOWNING TREASURER 2.00
Officer Director
$0 $0 $0
MR JAMES DEAN JR BOARD MEMBER 1.00
Director
$0 $0 $0
PEYTON BUSH IV SECRETARY 2.00
Officer Director
$0 $0 $0
MAJGEN DAVIS MIZE BOARD MEMBER 1.00
Director
$0 $0 $0
MR DAVID WELKER BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES REISS BOARD MEMBER 1.00
Director
$0 $0 $0
MR ARNOLD BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
LEE REID LEGAL COUNSEL 1.00
Director
$0 $0 $0
COL CHRISTOPHER SCHLAFER COMMANDANT 40.00
Officer
$238,102 $14,698 $252,800
ALEXIS LONG PRINCIPAL 40.00
Officer
$141,994 $16,036 $158,030
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
2025 $17,887,151 $18,085,590 $25,484,249 $-198,439
2024 $17,394,574 $16,995,220 $25,641,596 $399,354
2023 $16,313,957 $15,341,428 $25,339,941 $972,529
2022 $15,429,354 $14,417,652 $24,580,982 $1,011,702
2021 $15,241,256 $12,182,266 $24,148,238 $3,058,990
2020 $12,189,007 $12,239,619 $22,072,902 $-50,612
2019 $11,598,665 $10,648,951 $20,315,777 $949,714
2018 $9,789,457 $9,345,231 $19,376,953 $444,226
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