MARINE MILITARY ACADEMY INC

EIN: 741507957 501(c)(3) Education

HARLINGEN, TX

Total Revenue
$15,300,987
Total Expenses
$15,255,465
Total Assets
$47,908,057
Net Assets
$45,514,012
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
TX
Principal Officer
CHRISTOPHER S DOWLING
Phone
9564236006
Tax Period
2024-06-01 to 2025-05-31

MARINE MILITARY ACADEMY INC, founded in 1963, is a mid-sized nonprofit in the Education sector that reported $15.3M in total revenue in fiscal year 2024. Net assets of $45.5M represent 36 months of operating reserves.

Mission

THE ACADEMY IS A BOARDING SCHOOL PROVIDING COLLEGE PREPARATORY EDUCATION FOR YOUNG MEN GRADES 7-12, DEVELOPING THESE YOUNG MEN INTO DISCIPLINED, MORALLY STRONG, COLLEGE-READY YOUNG MEN PREPARED FOR RESPONSIBLE LEADERSHIP.MARINE MILITARY ACADEMY'S MISSION IS TO INSTILL IN YOUNG PERSONS LOYALTY TO THEIR COUNTRY AND DEDICATION TO THE IDEALS OF LIBERTY AND TO ENCOURAGE THE DEVELOPMENT OF INTELLECTUAL EXCELLENCE, LEADERSHIP, SELF-DISCIPLINE, PHYSICAL STAMINA, AND MORAL CHARACTER THROUGH PROGRAMS AND ACTIVITIES CREATED AND CONDUCTED IN THE SPIRIT OF THE UNITED STATES MARINE CORPS.

Program Service Accomplishments

Program 1
Expenses: $8,752,893 Revenue: $11,419,430

MARINE MILITARY ACADEMY'S COLLEGE PREPARATORY BOARDING SCHOOL FOR YOUNG MEN IN GRADES 7 - 12 SERVED 223 ACADEMIC YEAR CADETS AND 324 SUMMER CAMPERS DURING THE YEAR ENDED MAY 31, 2025. CADETS STUDY...

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MARINE MILITARY ACADEMY'S COLLEGE PREPARATORY BOARDING SCHOOL FOR YOUNG MEN IN GRADES 7 - 12 SERVED 223 ACADEMIC YEAR CADETS AND 324 SUMMER CAMPERS DURING THE YEAR ENDED MAY 31, 2025. CADETS STUDY THE ACADEMIC CORE DISCIPLINES OF ENGLISH, MATHEMATICS, SOCIAL SCIENCE, SCIENCE, AND FOREIGN LANGUAGE IN CLASSES WITH AN AVERAGE STUDENT TEACHER RATIO OF 8 TO 1 TO ENCOURAGE INDIVIDUAL ATTENTION. ELECTIVE COURSES AND ADVANCED PLACEMENT COURSES CHALLENGE CADETS WITH ADDITIONAL STUDY. THE ACADEMY OFFERS FOUR YEARS OF MANDARIN LANGUAGE AND CULTURE AND AN AEROSPACE PROGRAM THAT OFFERS THE OPPORTUNITY FOR A CADET TO OBTAIN HIS PILOT'S LICENSE. THE 54 GRADUATES OF THE CLASS OF 2025 EARNED ADMISSION TO FOUR-YEAR COLLEGES/UNIVERSITIES AND TWO-YEAR PROGRAMS OR ENTERED MILITARY SERVICE. IN 2024-2025, THE ACADEMY HAD 28 SCORES OF 3 OR ABOVE OUT OF A POSSIBLE 5 ON THE VARIOUS ADVANCED PLACEMENT EXAMS. ALL CADETS PARTICIPATE IN AN EXTRACURRICULAR ACTIVITY, AND PHYSICAL FITNESS IS A PRIORITY. THE ACADEMY DEVELOPS DISCIPLINED, MORALLY STRONG, COLLEGE-READY YOUNG MEN WHO ARE PREPARED FOR RESPONSIBLE LEADERSHIP. ALL EXPENSES ARE ATTRIBUTABLE TO THE SCHOOL.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,020,306
Program Service Revenue $11,419,430
Investment Income $1,898,328
Other Revenue $-37,077
TOTAL REVENUE $15,300,987

Expense Breakdown

Grants Paid $1,221,241
Salaries & Benefits $6,879,795
Fundraising Expenses $387,264
Program Expenses $8,752,893
Other Expenses $7,154,429
TOTAL EXPENSES $15,255,465

Year-over-Year Comparison

2024 2023 Change
Revenue $15,300,987 $15,537,601 0.0%
Expenses $15,255,465 $17,209,564 -0.1%
Net Income $45,522 $-1,671,963 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
161
Volunteers
23

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
4
$452,131
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL P BRADLEY TRUSTEE 1.00
Director
$0 $0 $0
DANIEL CARTER TRUSTEE 1.00
Director
$0 $0 $0
JAMES B EZELL TRUSTEE 1.00
Director
$0 $0 $0
ROBERT A LUTZ VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
CRAIG MATTESON TRUSTEE 1.00
Director
$0 $0 $0
ROBERT B DUNKIN TRUSTEE 1.00
Director
$0 $0 $0
ANTHONY J MCINTYRE TRUSTEE 1.00
Director
$0 $0 $0
JOE W POLLARD TRUSTEE 1.00
Director
$0 $0 $0
ROBERT JAMES TRUSTEE 1.00
Director
$0 $0 $0
THOMAS E KOLONGOWSKI TRUSTEE 1.00
Director
$0 $0 $0
RICHARD MOXLEY CHAIRMAN 1.00
Officer Director
$0 $0 $0
BRIAN MCGEE TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM M KEYS CHAIRMAN EMERITUS 1.00
Director
$0 $0 $0
JOHN KLEIN TRUSTEE 1.00
Director
$0 $0 $0
CARLTON R MARCYAN TRUSTEE 1.00
Director
$0 $0 $0
STUART PILTCH TRUSTEE 1.00
Director
$0 $0 $0
BRIAN KNOWLES TRUSTEE 1.00
Director
$0 $0 $0
ROBIN FARRIS TRUSTEE 1.00
Director
$0 $0 $0
ROBERT PATRICK R MOORE TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER S DOWLING PRESIDENT 40.00
Officer
$180,000 $67,778 $247,778
JOHN D BUTLER CFO/PROVOST 40.00
Officer
$155,000 $49,353 $204,353
ROBERT R GRIDER DIR - INST. ADVANCMT 40.00
Highest
$128,742 $11,000 $139,742
RICHARD RODRIGUEZ COMMANDENT 40.00
Highest
$110,200 $25,213 $135,413
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 $15,300,987 $15,255,465 $47,908,057 $45,522
2024 $15,537,601 $17,209,564 $47,858,850 $-1,671,963
2023 $15,138,101 $15,999,632 $45,613,008 $-861,531
2022 $14,319,783 $15,236,172 $47,303,872 $-916,389
2021 $15,833,250 $15,762,483 $50,297,415 $70,767
2020 $14,205,769 $16,107,099 $45,128,261 $-1,901,330
2019 $12,095,773 $14,570,909 $45,950,555 $-2,475,136
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