Navy-Marine Corps Regional Training Center Inc

EIN: 465717042 501(c)(3) Unknown

Annapolis, MD

Total Revenue
$1,293,423
Total Expenses
$224,970
Total Assets
$2,827,470
Net Assets
$2,827,470
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MD
Principal Officer
John Sattler
Phone
4103534181
Tax Period
2024-01-01 to 2024-12-31

Navy-Marine Corps Regional Training Center Inc, founded in 2014, is a community nonprofit in the Unknown sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $1.1M, a strong 83% operating margin.

Mission

for description of the organization's mission.

Program Service Accomplishments

Program 1
Expenses: $197,916

The Organization assists Olympic hopeful athletes to attain their goal of participating as members of the US Olympic Wrestling Team. We do this by providing a stipend to cover their living costs...

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The Organization assists Olympic hopeful athletes to attain their goal of participating as members of the US Olympic Wrestling Team. We do this by providing a stipend to cover their living costs, housing, travel and tournament registration fees. In addition, these amazing athletes train almost daily with the US Naval Academy Wrestling Team. This permits our USNA wrestlers to experience/learn from this higher level of competition driving us toward our goals of beating Army, winning the EIWA Championship and finishing in the top ten in the Nation.

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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 $1,258,226
Program Service Revenue $0
Investment Income $5,545
Other Revenue $29,652
TOTAL REVENUE $1,293,423

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $14,825
Program Expenses $197,916
Other Expenses $224,970
TOTAL EXPENSES $224,970

Year-over-Year Comparison

2024 2023 Change
Revenue $1,293,423 $1,606,478 -0.2%
Expenses $224,970 $153,466 +0.5%
Net Income $1,068,453 $1,453,012 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Sattler Director 12.00
Officer Director
$0 $0 $0
Stephen Comiskey Director 5.00
Director
$0 $0 $0
Jon Antonelli Treasurer and Director 20.00
Officer Director
$0 $0 $0
Matthew Treaster Director 4.00
Director
$0 $0 $0
Josh Jabin Vice Chairman, Board of Di 12.00
Officer Director
$0 $0 $0
Jim Letchford Director 5.00
Director
$0 $0 $0
Greg Gingeleskie Chairman 12.00
Officer Director
$0 $0 $0
Ben Robertson Secretary and Director 3.00
Officer Director
$0 $0 $0
Dustin Haislip Director 3.00
Director
$0 $0 $0
Mike Barikian Director 3.00
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 $1,293,423 $224,970 $2,827,470 $1,068,453
2023 $1,606,478 $153,466 $1,759,884 $1,453,012
2020 $140,473 $100,524 $350,718 $39,949
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