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Education : Scholarship and Financial Support (Grantmaking)

USMMA Alumni Association and Foundation

Serving, assisting and perpetuating the United States Merchant Marine Academy

four stars

92.52

300 Steamboat Road Kings Point, NY 11024
tel: (516) 482-5274   Web Site
EIN: 11-6037948

Board Leadership
John O. Arntzen
Chairman

CEO
Jim Tobin
President

  Score
(out of 100)
Rating
Overall Score & Rating 92.52 four stars
  Financial 92.08 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The United States Merchant Marine Academy Alumni Foundation (USMMAAF) exists to serve, assist and perpetuate the United States Merchant Marine Academy at Kings Point, New York, its regiment of midshipmen, faculty, staff, alumni, and the United States maritime industry. The USMMAAF supports the Academy's mission of educating and graduating Merchant Marine officers who will become leaders in the commercial and defense transportation services of the United States. The Foundation also fosters and encourages the development of the Academy and the United States maritime industry to meet the future transportation needs of the United States, and will enhance the prestige thereof by acquisition, preservation and dissemination of information pertaining to their history, activities, methods and objectives.

The United States Merchant Marine Academy Alumni Foundation (USMMAAF) exists to serve, assist and perpetuate the United States Merchant Marine Academy at Kings Point, New York, its regiment of midshipmen, faculty, staff, alumni, and the United States maritime industry. The USMMAAF supports the Academy's mission of educating and graduating Merchant Marine officers who will become leaders in the commercial and defense transportation services of the United States. The Foundation also fosters and encourages the development of the Academy and the United States maritime industry to meet the future transportation needs of the United States, and will enhance the prestige thereof by acquisition, preservation and dissemination of information pertaining to their history, activities, methods and objectives.

Impact Information

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Financial

four stars

92.08

Accountability & Transparency

four stars

93.00

This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.8%
  Administrative Expenses 16.5%
  Fundraising Expenses 8.5%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 4.30
  Program Expenses Growth 53.7%
  Liabilities to Assets 0.6%
All data for Financial Performance Metrics calculations was provided by USMMA Alumni Association and Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by USMMA Alumni Association and Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
USMMA Alumni Association and Foundation (NY) 92.52 four stars
Fund for Public Schools (NY) 88.22 three stars
Mark Wahlberg Youth Foundation (MA) 92.22 four stars
Home School Foundation (VA) 91.80 four stars
American Friends of the Hebrew University (NY) 87.98 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $10,738,526
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $383,143
   Related Organizations $0
   Government Grants $0
Total Contributions $11,121,669
   Program Service Revenue $153,085
Total Primary Revenue $11,274,754
   Other Revenue $805,602
TOTAL REVENUE $12,080,356
   
EXPENSES  
   Program Expenses $6,593,039
   Administrative Expenses $849,697
   Fundraising Expenses $450,792
TOTAL FUNCTIONAL EXPENSES $7,893,528
   
Payments to Affiliates $0
Excess (or Deficit) for the year $4,186,828
   
Net Assets $40,627,501

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Midshipmen and Academy Activities $5,621,392 85.3%
Alumni Activities $687,994 10.4%
Publications $278,278 4.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 02/01/2019 92.52 four stars
2016-12 05/01/2018 87.52 three stars
2015-12 07/01/2017 81.37 three stars
2014-12 06/01/2016 80.48 three stars
 
CN 2.0
2014-12 04/01/2016 80.93 three stars
2013-12 03/01/2015 79.15 two stars
2012-12 11/01/2014 74.77 two stars
2012-12 09/01/2014 74.61 two stars
2012-12 08/01/2014 74.15 two stars
2012-12 05/01/2014 73.60 two stars
2011-12 07/01/2013 76.71 two stars
2010-12 04/01/2012 77.63 two stars
2009-12 09/20/2011 70.30 two stars
 
CN 1.0
2009-12 06/01/2011 62.54 one star
2008-12 07/01/2010 56.06 one star
2007-12 08/01/2009 83.64 three stars
2006-12 07/01/2008 71.02 two stars
2005-12 07/01/2007 63.69 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 11-6037948
Name in IRS Master File UNITED STATES MERCHANT MARINE ACADEMY ALUMNI ASSOCIATION AND FOU
NTEE Code B84
NTEE Classification Alumni Associations
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (34) Alumni association or group
(59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1959
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$180,114 2.28% James F. Tobin President

Highly Rated

Charity Name & State Overall Score Overall Rating
USMMA Alumni Association and Foundation (NY) 92.52 four stars
Basic Fund (CA) 91.36 four stars
Rosenberg Fund for Children (MA) 91.81 four stars
American Associates, Ben-Gurion University of the Negev (NY) 95.94 four stars
Peninsula Education Foundation (CA) 93.31 four stars

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Charity Contact Info

USMMA Alumni Association and Foundation
300 Steamboat Road
Kings Point, NY 11024
tel: (516) 482-5274
fax: (516) 482-5308
EIN: 11-6037948

Visit Web Site

Board Leadership

John O. Arntzen
Chairman

CEO

Jim Tobin
President

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