MARINE CORPS ASSOCIATION (EIN 540460860) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

LTGEN CHARLES CHIAROTTI

Phone

7036400101

Tax Period

2024-01-01 to 2024-12-31

MARINE CORPS ASSOCIATION, founded in 1972, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2018.

Mission

TO SUPPORT THE MARINE CORPS BY DISSEMINATING KNOWLEDGE OF MILITARY ART & SCIENCE AMONG MARINES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $200,995

Program Service Revenue $4,436,388

Investment Income $1,265,119

Other Revenue $3,328,458

TOTAL REVENUE $9,230,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,967,985

Fundraising Expenses $0

Other Expenses $3,520,247

TOTAL EXPENSES $8,488,232

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,230,960	$7,885,045	+0.2%
Expenses	$8,488,232	$7,847,623	+0.1%
Net Income	$742,728	$37,422	+18.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

102

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

$456,005

Total Directors

$305,465

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LTGEN CHARLES CHIAROTTI	USMC (RET), PRESIDENT & CEO	34.50	Officer Director	$247,173	$14,673	$305,465
COL CHRISTOPHER WOODBRIDGE	USMC (RET), VP PUBLISHING & PROF DEV	36.00	Highest	$148,514	$9,899	$174,915
COL TIM MUNDY USMC RET	VP MARINE CORPS ASSN. FOUNDATION	4.00	Highest	$14,444	$8,960	$153,399
LEEANN MITCHELL	VP EVENTS SPONSORSHIP & ADVERTISING	36.00	Highest	$136,462	$13,483	$165,108
ANGELA HILLMAN	CHIEF FINANCIAL OFFICER	36.00	Officer	$128,093	$8,214	$150,540
LTGEN JOHN A TOOLAN USMC RET	CHAIR OF THE BOARD	2.00	Officer Director	$0	$0	$0
JAY S HOLMES USMC VET	VICE CHAIR OF THE BOARD	2.00	Officer Director	$0	$0	$0
BRYAN H WOOD SES RET	GENERAL COUNSEL	2.00	Officer Director	$0	$0	$0
SGTMAJ JOHNNY BAKER USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
COL RICHARD T BRADY USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
LTGEN MARK BRILAKIS USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
LTGEN JOHN J BROADMEADOW	USMC (RET), DIRECTOR	2.00	Director	$0	$0	$0
COL ERIC CHASE USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
MAJ THOMAS CRAIG USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
LTCOL CHRISTOPHER J DAVIS	USMC (RET), DIRECTOR	2.00	Director	$0	$0	$0
SGTMAJ THOMAS G EGGERLING	USMC (RET), DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM T EICHHORN USMC VET	DIRECTOR	2.00	Director	$0	$0	$0
COL CHRISTOPHER ESCAMILLA	USMC (RET), DIRECTOR	2.00	Director	$0	$0	$0
SGTMAJ ROBIN C FORTNER	USMC (RET), DIRECTOR	2.00	Director	$0	$0	$0
LTCOL WENDY GARRITY	USMC (RET), DIRECTOR	2.00	Director	$0	$0	$0
MAJGEN JAMES KESSLER	USMC (RET), DIRECTOR	2.00	Director	$0	$0	$0
COL ROBERT LOVE USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
SGTMAJ MICHAEL MACK USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL MARTZ USMC VET	DIRECTOR	2.00	Director	$0	$0	$0
SGTMAJ STEPHANIE K MURPHY	USMC (RET), DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL J RAIOLE USMC VET	DIRECTOR	2.00	Director	$0	$0	$0
COL JOHN M REED USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
SGTMAJ GARY SMITH USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
LTCOL JEFF SPEIGHTS USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
COL ANDREW O STARR USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
COL EMILY SWAIN USMC RET	DIRECTOR	2.00	Director	$0	$0	$0
SGTMAJ ROBERT VAN OOSTROM USMC RET	DIRECTOR	2.00	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	$9,230,960	$8,488,232	$17,045,065	$742,728
2023	$7,885,045	$7,847,623	$16,659,746	$37,422
2022	$7,762,137	$7,358,647	$16,136,568	$403,490
2021	$7,455,788	$7,378,231	$17,818,262	$77,557
2020	$7,761,476	$6,823,207	$17,504,772	$938,269
2019	$8,597,502	$7,929,364	$16,648,236	$668,138
2018	$8,291,283	$8,353,031	$15,303,302	$-61,748

MARINE CORPS ASSOCIATION