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Nonprofit · EIN 20-1778861

MARITIME ACADEMY OF TOLEDO INC

Tax-exempt · TOLEDO, OH 43604

Financials

$4.4M$4.3M2022$3.7M$4.2M2023$3.5M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of MARITIME ACADEMY OF TOLEDO INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,452,897$3,490,366-$37,469$3,788,688$6,113,454-$2,324,766
June 30, 2024990$3,723,638$4,231,298-$507,660$3,966,588$6,184,413-$2,217,825
June 30, 2023990$4,356,919$4,277,014$79,905$4,428,816$6,140,481-$1,711,665
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,383,388
of which government grants
$3,383,388
Program service revenue
$69,509
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$12,185
Other salaries and wages
$2,158,592
Salaries, compensation and benefits (total)
$2,437,600
Professional fundraising fees
$0
Occupancy
$59,933
Travel
$7,743
Depreciation
$78,471
Program services (functional)
$3,490,366

Balance sheet and other

Total assets, start of year
$3,966,588
Total assets, end of year
$3,788,688
Total liabilities, end of year
$6,113,454
Net assets, end of year
-$2,324,766
Land, buildings and equipment
$2,167,300
Net assets without donor restrictions
-$3,019,565
Net assets with donor restrictions
$694,799
Gross receipts
$3,452,897
Employees
68
Year formed
2006
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM DAVISDIRECTOR
Trustee or director
2$2,415
TIMOTHY GOLIGOSKIDIRECTOR
Trustee or director
2$2,060
JAMES HARTUNGVICE CHAIRMA
Trustee or director, Officer
2$1,925
PAUL HUBBARDCHAIRMAN
Trustee or director, Officer
2$1,795
KATE FINESKEDIRECTOR
Trustee or director
2$1,495
JOY GOODNERDIRECTOR
Trustee or director
2$1,435
KEITH JORDANDIRECTOR
Trustee or director
2$1,060
KATHY SIMPSONSECRETARY
Officer
2$0
ANTHONY SWARTZTREASURER
Officer
2$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
JAMES HARTUNGVICE CHAIRMA
Trustee or director, Officer
2$2,225
PAUL HUBBARDCHAIRMAN
Trustee or director, Officer
2$2,165
KATE FINESKEDIRECTOR
Trustee or director
2$1,620
KEITH JORDANDIRECTOR
Trustee or director
2$1,500
WILLIAM DAVISDIRECTOR
Trustee or director
2$1,305
TIMOTHY GOLIGOSKIDIRECTOR
Trustee or director
2$1,250
JOY GOODNERDIRECTOR
Trustee or director
2$1,060
KATHY SIMPSONSECRETARY
Officer
2$0
ANTHONY SWARTZTREASURER
Officer
2$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
JAMES HARTINGVICE CHAIRMA
Trustee or director, Officer
2$1,625
PAUL HUBBARDCHAIRMAN
Trustee or director, Officer
2$1,625
WILLIAM DAVISDIRECTOR
Trustee or director
2$1,500
KATE FINESKEDIRECTOR
Trustee or director
2$1,500
JOY GOODNERDIRECTOR
Trustee or director
2$1,000
KEITH JORDANDIRECTOR
Trustee or director
2$1,000
TIMOTHY GOLIGOSKIDIRECTOR
Trustee or director
2$625
TONY SWARTZTREASURER
Officer
2$0

Address and contacts

Address (IRS master file)
803 WATER ST, TOLEDO, OH 43604-1831
Principal officer (990 for 2024)
ANTHONY SWARTZ, 803 WATER ST, TOLEDO, OH 43604
Signed the 990
ANTHONY SWARTZ, TREASURER
Phone
(419) 246-3075
Return prepared by
HHH CPA GROUP LLC

Mission

THE MISSION OF MARITIME ACADEMY OF TOLEDO, A TUITION FREE COMMUNITY SCHOOL, IS TO ENABLE EACH STUDENT TO PURSUE ACADEMIC EXCELLENCE AND DEVELOP POSITIVE CHARACTER TRAITS IN AN EDUCATIONAL ENVIRONMENT THAT SUPPORTS INDIVIDUAL HANDS ON, LIFE BASED LEARNING, AUTHENTIC ASSESSMENT, AND CHARACTER FORMATION, A SAFE HEALTHY LEARNING ENVIRONMENT THAT SUPPORTS THE MISSION AND IS COMMITTED TO DEVELOPING STRONG PARTNERSHIPS WITH FAMILIES.

990 for the year ended June 30, 2025

Program accomplishments

  • COMMITS 100% STUDENT PASSAGE OF THE OHIO GRAD TEST AND TO ACHIEVE A 100% DIPLOMA AND GRADUATION RATE. PROVIDES STUDENTS A RIGOROUS, HIGH QUALITY EDUCATION THAT INCORPORATES NAVY SEA CADET FORMATION, AND US COAST GUARD JUNIOR RESERVED OFFICERS TRAINING CORP BY PROMOTING TEAMWORK THROUGH MARITIME/NAUTICAL FOCUSED THEMES.
    Expenses $3,490,366

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-1778861
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,788,688
Income (IRS master file)
$3,452,897

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,452,897$3,490,366$3,788,688XML
990June 2024$3,723,638$4,231,298$3,966,588XML
990June 2023$4,356,919$4,277,014$4,428,816XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1778861).

Questions about MARITIME ACADEMY OF TOLEDO INC

What is the EIN of MARITIME ACADEMY OF TOLEDO INC?
The employer identification number (EIN) of MARITIME ACADEMY OF TOLEDO INC is 20-1778861.
Is MARITIME ACADEMY OF TOLEDO INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to MARITIME ACADEMY OF TOLEDO INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARITIME ACADEMY OF TOLEDO INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARITIME ACADEMY OF TOLEDO INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARITIME ACADEMY OF TOLEDO INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MARITIME ACADEMY OF TOLEDO INC?
The 990 for the year ended June 30, 2025 names ANTHONY SWARTZ.
Who are the officers and directors of MARITIME ACADEMY OF TOLEDO INC?
The 990 for the year ended June 30, 2025 lists 9 people; 7 received compensation from the organization, the highest $2,415 (WILLIAM DAVIS, DIRECTOR).
How much revenue does MARITIME ACADEMY OF TOLEDO INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,452,897, expenses of $3,490,366 and total assets of $3,788,688 at year end.

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