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    The Naval Institute Foundation

    The Naval Institute Foundation

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    https://www.usni.org/foundation

    291 Wood Road
    Annapolis MD 21402

    410-295-1054


    Annapolis MD | IRS ruling year: 1993 | EIN: 52-1814344  

     

    Organization Mission

    The Naval Institute Foundation was organized to operate exclusively to raise funds for the charitable and educational purposes to further the mission and policies of the U. S. Naval Institute. For nearly 150 years, the Naval Institute has been the intellectual heart of the naval profession. It gives voice to those who seek the finest Navy, Marine Corps, and Coast Guard. At its core, the Institute is an open, independent, nonpartisan forum where those who dare to read, think, speak, and write can take issue with senior positions--not as an act of insubordination, but as a step forward to advance the understanding of sea power and other issues critical to global security.

    The Naval Institute is a private, not-for-profit educational institution. It receives no government funding. Classified by the IRS as a 501(c)(3), the Institute operates from revenues generated by book sales, membership dues, advertising income, and from tax-deductible gifts made to the Naval Institute Foundation.

     


    Rating Information

    star rating graphic

    Great


    This charity's score is 97%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated from multiple beacon scores, weighted as follows: 80% Accountability & Finance, 10% Leadership & Adaptability, 10% Culture & Community. Learn more about our criteria and methodology.

    Beacon Weights  
    Historical Ratings  

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    97

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 77% independent members10 out of 10 points  
    Independent Board Size - 7 independent members10 out of 10 points  
    Financial Statements - Audit and Oversight Committee20 out of 20 points  
    Material Diversion of Assets - None20 out of 20 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed5 out of 5 points  
    Conflict of Interest Policy - Listed5 out of 5 points  
    Whistleblower Policy - Listed5 out of 5 points  
    Document Retention and Destruction - Listed5 out of 5 points  
    Documents Board Meeting Minutes - Yes5 out of 5 points  
    Tax Form Distributed to Board Before Filing - Listed5 out of 5 points  
    Loans to/from Officers - Missing5 out of 5 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Listed5 out of 5 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 44.64%20 out of 25 points  
    Program Expense: Ratio - 90.00%25 out of 25 points  
    Fundraising Efficiency: Ratio - $0.1725 out of 25 points  
    Working Capital: Ratio - 0.55 years25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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