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Nonprofit · EIN 31-1677884

NAVY LEAGUE FOUNDATION

Tax-exempt · ARLINGTON, VA 22201

Financials

$113K$116K2023$290K$110K2024
Revenue Expenses · by fiscal year end
Financials of NAVY LEAGUE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$290,370$109,671$180,699$4,006,891$7,774$3,999,117
December 31, 2023990$113,251$115,705-$2,454$3,677,507$23,585$3,653,922
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,235
Program service revenue
$0
Investment income
$190,135
Net gain from sales of assets
$79,061
Other revenue
$0

Expenses

Grants and similar amounts paid
$50,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$8,799
Program services (functional)
$53,000
Management and general (functional)
$56,671

Balance sheet and other

Total assets, start of year
$3,677,507
Total assets, end of year
$4,006,891
Total liabilities, end of year
$7,774
Net assets, end of year
$3,999,117
Publicly traded securities
$2,259,552
Net assets without donor restrictions
$1,074,087
Net assets with donor restrictions
$2,925,030
Gross receipts
$348,161
Employees
0
Volunteers
17
Year formed
1997
State of legal domicile
DE

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL STEVENSNLUS CEO
Officer
1$0$379,128$30,248
RYAN DONALDSONNLUS COO
Officer
1$0$239,518$40,790
DR JENNIFER LONDONCHAIR
Trustee or director, Officer
1$0$0$0
BERKLEY TERRYNATIONAL CORPORATE SECRETARY
Trustee or director, Officer
1$0$0$0
MARK MCDONALDNATIONAL TREASURER
Trustee or director, Officer
1$0$0$0
LYNN ATKINSONTRUSTEE
Trustee or director
1$0$0$0
LOUIS LIOTTITRUSTEE
Trustee or director
1$0$0$0
MATTHEW NOLTYTRUSTEE
Trustee or director
1$0$0$0
WARD COOKTRUSTEE (THRU 12/24/24)
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL STEVENSNLUS CEO
Officer
1$0$364,490$28,743
RYAN DONALDSONNLUS COO
Officer
1$0$217,582$33,057
DR JENNIFER LONDONCHAIR
Trustee or director, Officer
1$0$0$0
TOM PRUTERSECRETARY
Trustee or director, Officer
1$0$0$0
JOSEPH GIAMBRONETREASURER
Trustee or director, Officer
1$0$0$0
LOUIS LIOTTITRUSTEE
Trustee or director
1$0$0$0
LYNN ATKINSONTRUSTEE
Trustee or director
1$0$0$0
MATTHEW NOLTYTRUSTEE
Trustee or director
1$0$0$0
WARD COOKTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
2300 WILSON BLVD STE 200, ARLINGTON, VA 22201-5435
Principal officer (990 for 2024)
MICHAEL STEVENS, 2300 WILSON BOULEVARD 200, ARLINGTON, VA 22201
Signed the 990
MICHAEL STEVENS, CEO
Phone
(703) 528-1775
Return prepared by
RSM US LLP

Mission

THE MISSION OF THE NAVY LEAGUE FOUNDATION IS TO SUPPORT EDUCATIONAL, ADVOCACY, AND RELATED PROGRAMS THAT BENEFIT THE MEN AND WOMEN OF THE US SEA SERVICES AND THEIR FAMILIES. THE FOUNDATION IS RESPONSIBLE FOR THE MANAGEMENT OF THE NAVY LEAGUE FOUNDATION SCHOLARSHIP PROGRAM AND ALLOCATION OF OTHER FUNDS DONATED TO THE FOUNDATION FOR CHARITABLE OR EDUCATIONAL PURPOSES.

990 for the year ended December 31, 2024

Program accomplishments

  • SCHOLARSHIPS-PROVIDE COLLEGE SCHOLARSHIPS TO DEPENDENTS OR DESCENDENTS OF U.S. NAVY, U.S. MARINE CORPS, U.S. COAST GUARD AND U.S.-FLAGGED MERCHANT MARINE PERSONNEL. APPLICANTS MUST BE A GRADUATING HIGH SCHOOL SENIOR WHO WILL BE ENTERING THEIR FIRST YEAR OF AN ACCREDITED FOUR YEAR COLLEGE OR UNIVERSITY.
    Expenses $53,000 · grants $50,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1677884
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$4,006,891
Income (IRS master file)
$348,161

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$290,370$109,671$4,006,891XML
990December 2023$113,251$115,705$3,677,507XML
990December 2022$160,406$115,648$3,324,754IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 31-1677884).

Questions about NAVY LEAGUE FOUNDATION

What is the EIN of NAVY LEAGUE FOUNDATION?
The employer identification number (EIN) of NAVY LEAGUE FOUNDATION is 31-1677884.
Is NAVY LEAGUE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to NAVY LEAGUE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NAVY LEAGUE FOUNDATION 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 NAVY LEAGUE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NAVY LEAGUE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NAVY LEAGUE FOUNDATION?
The 990 for the year ended December 31, 2024 names MICHAEL STEVENS.
Who are the officers and directors of NAVY LEAGUE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does NAVY LEAGUE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $290,370, expenses of $109,671 and total assets of $4,006,891 at year end.

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