Cna Corporation

Tax-deductible

Arlington, VA501(c)(3)Since 1942EIN 54-1558882

Cna is a non-profit research organization that operates the center for naval analyses, a federally funded research center that has supported the navy and marine corps for nearly seventy years, and the institute for public research that provides support to a broad range of government clients in education, health care and public health, homeland security, human capital management and air traffic management. Cna specializes in objective, empirical research and analysis to help decision makers develop sound policies, make better-informed decisions, and manage programs more effectively.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$5.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $660K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$5.6M
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $320K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$93.9M
60% of total assets
Fine: liabilities are 60% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
13
of 14 voting members
Looks good: 13 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$154.4M
+2% vs prior year
Spent
$156.4M
To programs
84%
Net assets
$62.3M
By yearFY2020–FY2024
Revenue
$154.4M
FY2024▲ +2%
Revenue by fiscal year
FY2020$128.0M
FY2021$141.8M
FY2022$138.0M
FY2023$142.4M
FY2024$151.7M
FY2024$154.4M
Expenses
$156.4M
FY2024▲ +4%
Expenses by fiscal year
FY2020$128.5M
FY2021$139.8M
FY2022$140.0M
FY2023$140.5M
FY2024$149.8M
FY2024$156.4M
Net assets
$62.3M
FY2024+0.3%
Net assets by fiscal year
FY2020$55.0M
FY2021$59.4M
FY2022$50.8M
FY2023$55.2M
FY2024$62.1M
FY2024$62.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $132.1M Management & general 16% · $24.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

27 people listed on the 990; $5.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO, Trustee
$737,744Pt VII · Sec A
Executive Vice President
$465,056Pt VII · Sec A
CFO & Treasurer
$450,399Pt VII · Sec A
VP & Chief Information Officer
$425,763Pt VII · Sec A
Executive Vice President
$387,047Pt VII · Sec A
VP & Chief Research Officer Until March 2025
$376,990Pt VII · Sec A
VP & Chief People Officer
$368,317Pt VII · Sec A
Vice President & Director
$358,657Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Katherine McGrady$737,744$739,677$673,240$639,931$624,374$549,112
Timothy Beres$465,056$443,644$423,787$410,037$378,637$348,044
Andrew Mara—$459,329$322,029$176,882——
Christine Peterson$450,399$354,836$119,042———
Donald Debuck——$335,566$436,090$420,433$387,354
Rizwan Jan$425,763—————
Mark Geis———$290,315$391,414$377,626
Jeffery Peterson$387,047$322,481$321,528$292,677$246,554—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Provides objective research and analysis to guide policy development and problem management.

Provided by the organization

This section is blank until Cna Corporation claims this page.

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3 program services account for $95.0M of program spending, described in the organization's own filed words · FY2024.
01

The operational warfighting (ops) division focuses on improving the ability of the department of the navy to organize, plan, train, and execute at the operational level of warfare. Ops analysis typically links wargaming, concept development, hypothesis testing, and exercise and operational assessment into an iterative cycle.

$45.8Mprogram expense
02

Safety & security (sas) provides analysis and guidance to support evolving standards and practices and gives recommendations for improving decision-making at all levels during crisis operations.

$30.7Mprogram expense
03

The systems, tactics and force development (STFD) division provides classical warfare analyses to the navy and dod focused on systems and platforms at the tactical level for great power competition.

$18.5Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$320K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$154.4M
Ln 12
Gifts and grantsLn 1h$152.4M
Investment incomeLn 3$2.0M
Money outPt IX
$156.4M
Ln 25
Programscol B$132.1M
Managementcol C$24.3M
Owns and owesPt X
$62.3M
net assets · Ln 32
Cash and savingsLn 1–2$15.1M
Total assetsLn 16$156.2M
LiabilitiesLn 26$93.9M
PeoplePt VI, VII
27
listed · VII A
PaidVII A27
Voting boardVI 1a14
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$152.4M
Government grantsLn 1e$152.4M
Investment incomeLn 3$2.0M
Gains on assetsLn 7$276K
Total revenueLn 12$154.4M
Assets in detailPt X, end of year
SavingsLn 2$15.1M
Cash and savings togetherLn 1–2$15.1M
InvestmentsLn 11–13$40.8M
Land, buildings, equipmentLn 10c$7.1M
Other assetsLn 15$66.8M
Total assetsLn 16$156.2M
LiabilitiesLn 26$93.9M
Net assetsLn 32$62.3M
OperationsPt I, VI
EmployeesI 5697
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$22.2M$15.1M
InvestmentsLn 11–13$36.8M$40.8M
Land, buildings, equipmentLn 10c$8.2M$7.1M
Total assetsLn 16$160.7M$156.2M
LiabilitiesLn 26$98.6M$93.9M
Net assetsLn 32$62.1M$62.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$4.6M$2.4M$2.3M
Other salaries and wagesLn 7$83.7M$72.3M$11.4M
Pension plan contributionsLn 8$6.4M$5.6M$805K
Other employee benefitsLn 9$16.3M$14.0M$2.3M
Payroll taxesLn 10$6.1M$5.2M$883K
Legal feesLn 11b$208K$208K
Accounting feesLn 11c$622K$622K
Investment management feesLn 11f$94K$94K
Other fees for servicesLn 11g$11.1M$10.1M$981K$0
Office expensesLn 13$556K$469K$87K
Information technologyLn 14$6.8M$5.2M$1.6M
OccupancyLn 16$10.6M$8.9M$1.7M
TravelLn 17$6.2M$5.7M$502K
Depreciation, depletion and amortizationLn 22$1.8M$1.5M$281K
Other expenses (24a–d)Ln 24$1.4M$850K$593K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$156.4M$132.1M$24.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $151.7M$149.8M$1.9M$62.1M 990 PDF
FY2023 $142.4M$140.5M$1.8M$55.2M 990 PDF
FY2022 $138.0M$140.0M−$2.1M$50.8M 990 PDF
FY2021 $141.8M$139.8M$2.1M$59.4M 990 PDF
FY2020 $128.0M$128.5M−$433K$55.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $154,356,745 across 5 lines filed
VIII-1e Government grants$152,397,396
VIII-1h Total contributions, gifts and grants$152,397,396
VIII-3 Investment incomeExcluded from tax $1,683,745$1,683,745
VIII-7 Net gain or loss on sales of assetsExcluded from tax $275,604$275,604
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,959,349$154,356,745
Part IX · Statement of functional expenses $156,444,485 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $2,352,494 · Management $2,276,863$4,629,357
IX-7 Other salaries and wagesPrograms $72,328,264 · Management $11,398,697$83,726,961
IX-8 Pension plan contributionsPrograms $5,594,388 · Management $805,462$6,399,850
IX-9 Other employee benefitsPrograms $13,977,003 · Management $2,333,271$16,310,274
IX-10 Payroll taxesPrograms $5,227,864 · Management $883,295$6,111,159
IX-11b Legal feesManagement $207,969$207,969
IX-11c Accounting feesManagement $622,176$622,176
IX-11f Investment management feesManagement $93,581$93,581
IX-11g Other fees for servicesPrograms $10,070,550 · Management $981,068 · Fundraising $0$11,051,618
IX-13 Office expensesPrograms $469,228 · Management $86,525$555,753
IX-14 Information technologyPrograms $5,152,240 · Management $1,606,913$6,759,153
IX-16 OccupancyPrograms $8,908,741 · Management $1,652,038$10,560,779
IX-17 TravelPrograms $5,666,233 · Management $501,685$6,167,918
IX-22 Depreciation, depletion and amortizationPrograms $1,524,334 · Management $280,680$1,805,014
IX-24 Other expenses (24a–d)Programs $850,115 · Management $592,808$1,442,923
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $132,121,454 · Management $24,323,031 · Fundraising $0$156,444,485
Part X · Balance sheet $156,208,720 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $22,210,951$15,144,173
X-4 Accounts receivableStart of year $19,502,111$22,725,831
X-9 Prepaid expenses and deferred chargesStart of year $2,472,878$3,639,167
X-10c Land, buildings and equipment, netStart of year $8,249,446$7,100,952
X-11 Publicly traded securitiesStart of year $36,810,531$40,782,196
X-15 Other assetsStart of year $71,477,064$66,816,401
X-16 Total assetsStart of year $160,722,981$156,208,720
X-17 Accounts payable and accrued expensesStart of year $18,814,552$18,801,191
X-19 Deferred revenueStart of year $290,345$106,430
X-25 Other liabilitiesStart of year $79,472,309$74,967,796
X-26 Total liabilitiesStart of year $98,577,206$93,875,417
X-27 Net assets without donor restrictionsStart of year $62,145,775$62,333,303
X-32 Total net assets or fund balancesStart of year $62,145,775$62,333,303
X-33 Total liabilities and net assetsStart of year $160,722,981$156,208,720
Part XI · Reconciliation of net assets $62,333,303 net assets at year end
XI-1 Total revenue$154,356,745
XI-2 Total expenses$156,444,485
XI-3 Revenue less expenses−$2,087,740
XI-4 Net assets at start of year$62,145,775
XI-5 Net unrealized gains (losses) on investments$2,545,915
XI-9 Other changes in net assets−$270,647
XI-10 Net assets at end of year$62,333,303

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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