Navy Seal Foundation Inc: $41.5M Revenue, $33.9M Expenses
Virginia Bch, Virginia · EIN 311728910 · Filing year 2023
Navy Seal Foundation Inc reported $41.5M in total revenue, $33.9M in total expenses, and $153.6M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $589K (1.42% of revenue). NonprofitTruth efficiency grade: B (66/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $41.5M
- Total Expenses
- $33.9M
- Total Assets
- $153.6M
- Reserve Months
- 54.3 months
- Surplus / (Deficit)
- $7.6M
- EIN
- 311728910
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $589K
- Officer Comp % of Revenue
- 1.42%
The efficiency rubric puts Navy Seal Foundation Inc at a B grade: a composite of 66/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.
At $41.5M in 2023 revenue, Navy Seal Foundation Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Reserves are the limiting factor: Navy Seal Foundation Inc carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.
Five-year revenue trajectory is strongly positive: Navy Seal Foundation Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is modest relative to organizational size: Navy Seal Foundation Inc reports $588,875 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $41.5M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Navy Seal Foundation Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Navy Seal Foundation Inc Compares
Navy Seal Foundation Inc earns a NonprofitTruth efficiency grade of B (66/100). That is 10 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 1.42% of total revenue. The organization holds 54.3 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Navy Seal Foundation Inc reported $41.5M in revenue against $33.9M in total functional expenses for filing year 2023, holding roughly 54.3 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $589K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 1.42% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Navy Seal Foundation Inc has a NonprofitTruth Efficiency Score of B (66/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Navy Seal Foundation Inc, Donor FAQ
Navy Seal Foundation Inc has a NonprofitTruth Efficiency Score of B (66/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Navy Seal Foundation Inc reports $589K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 1.42% of the organization's $41.5M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Navy Seal Foundation Inc reported $41.5M in annual revenue and $33.9M in total expenses for filing year 2023. The organization holds $153.6M in total assets.
Navy Seal Foundation Inc holds approximately 54.3 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Navy Seal Foundation Inc is a registered 501(c) organization with EIN 311728910, based in Virginia Bch, Virginia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.