Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1985.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
51 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
32 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Connects surface warfare professionals for growth, satisfaction, and camaraderie through support and activities.
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Awards program to recognize excellence in performance and accomplishments. Awards include old salt award, radm H.E schonland award for excellence in damage control, surface sailor of the year award, etc.
Assistance with affiliated chapters which are comprised of members residing in various geographic areas. Chapters administer local programs, assist in recruiting members and provide a local forum for discussion of navy issues.
Publication of a quarterly newsletter, surface sitrep, distributed to more than 5,000 members
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.2M | $1.7M |
| InvestmentsLn 11–13 | $1.2M | $1.5M |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $2.5M | $3.2M |
| LiabilitiesLn 26 | $461K | $1.4M |
| Net assetsLn 32 | $2.0M | $1.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $8K | $8K | ||
| Grants to domestic individualsLn 2 | $263K | $263K | ||
| Management feesLn 11a | $538K | $538K | ||
| Legal feesLn 11b | $25 | $25 | ||
| Accounting feesLn 11c | $11K | $11K | ||
| Office expensesLn 13 | $47K | $47K | ||
| Information technologyLn 14 | $3K | $3K | ||
| OccupancyLn 16 | $19K | $12K | $7K | |
| TravelLn 17 | $5K | $5K | ||
| Conferences, conventions and meetingsLn 19 | $260K | $260K | $36 | |
| InsuranceLn 23 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $192K | $154K | $38K | |
| All other expensesLn 24e | $16K | $16K | ||
| Total functional expensesLn 25 | $1.4M | $698K | $667K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $2.5M | $2.2M | $308K | $2.5M | 990 PDF |
| FY2024 | $2.3M | $2.2M | $102K | $2.0M | 990 PDF |
| FY2023 | $2.1M | $2.2M | −$63K | $1.6M | 990 PDF |
| FY2022 | $2.0M | $2.0M | $35K | $1.5M | 990 PDF |
| FY2021 Viewing | $968K | $1.4M | −$396K | $1.9M | 990 PDF |
| FY2020 | $1.6M | $1.7M | −$150K | $2.0M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $967,886 across 7 lines filed
Part IX · Statement of functional expenses $1,364,024 across 13 lines filed
Part X · Balance sheet $3,249,191 assets, 12 lines filed
Part XI · Reconciliation of net assets $1,868,633 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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