Army & Navy Academy is a 501(c)(3) organization based in Carlsbad, California, registered in 1945, with $19,706,052 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$19.7M
▲ 18.7% vs prior year
Education median: $200K
Expenses (FY2023)
$17.9M
Net assets
$25.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Army & Navy Academy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Army & Navy Academy: 17 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Army & Navy Academy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Army & Navy Academy: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $13.5M (FY2013) to $19.7M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
9.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$42.7M
Total liabilities
$17.4M
Net assets
$25.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $19,706,052▲18.7% | $17,937,309▲13.2% | $25,323,007▲11.7% | $42,675,873▲11.0% | 990 |
| 2022 | $16,597,329▲26.8% | $15,838,887▲6.6% | $22,661,617▲5.2% | $38,453,401▲5.8% | 990 |
| 2021 | $13,086,895▲5.6% | $14,854,627▲17.4% | $21,550,407▼11.6% | $36,330,282▼4.3% | 990 |
| 2020 | $12,387,167▲9.2% | $12,650,497▲2.5% | $24,377,009▲4.6% | $37,972,311▲8.7% | 990 |
| 2019 | $11,338,437▼17.7% | $12,340,340▼11.0% | $23,297,198▲0.5% | $34,944,301▲1.6% | 990 |
| 2018 | $13,781,925▼0.7% | $13,858,263▲9.1% | $23,190,957▼0.9% | $34,402,522▼1.3% | 990 |
| 2017 | $13,876,467▼2.7% | $12,696,989▲0.2% | $23,398,232▲7.2% | $34,856,430▲4.1% | 990 |
| 2016 | $14,256,161▲15.6% | $12,667,584▲1.5% | $21,826,970▲8.1% | $33,479,136▲5.4% | 990 |
| 2015 | $12,328,314▼4.8% | $12,481,065▼1.5% | $20,192,107▼0.5% | $31,755,359▲3.2% | 990 |
| 2014 | $12,953,068▼4.2% | $12,677,171▲1.5% | $20,293,865▲1.2% | $30,762,141 | 990 |
| 2013 | $13,514,841 | $12,492,972▼0.1% | $20,048,449▲5.9% | $30,750,357▲2.5% | 990 |
| 2012 | — | $12,511,237▲4.5% | $18,928,660▲42.1% | $30,004,569▲27.7% | 990 |
| 2011 | — | $11,970,669▲4.2% | $13,325,015▲8.1% | $23,495,718▲2.3% | 990 |
| 2010 | — | $11,490,860▲5.2% | $12,325,906▲5.5% | $22,972,366▲8.9% | 990 |
| 2009 | — | $10,927,268 | $11,683,021 | $21,100,852 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
21 grants to Army & Navy Academy totaling $873K, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Data for Army & Navy Academy (EIN 95-1184512) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.