Public Charity

THE USMMA SAILING FOUNDATION INC

THE USMMA SAILING FOUNDATION INC is a Public Charity headquartered in SPRING HILL, TN. Financial data from the 2024 filing: $13.9M revenue, $17.3M expenses, $38.6M total assets. 14 publicly reported grants to this organization, totaling roughly $1.1M, appear in IRS filings.

EIN: 113561278 SPRING HILL, TN Latest filing: 2024
Total Revenue$13.9M
Total Expenses$17.3M
Total Assets$38.6M
Grant Records14
Funding Total$1.1M
Filing Years2019–2024

Mission

TO SUPPORT THE UNITED STATES MERCHANT MARINE ACADEMY AND OTHER 501(C)(3) ORGANIZATIONS AND CONDUCT MARITIME EDUCATION AND TRAINING.

Officers & Directors

TRUSTEE Brian Giorgio
TRUSTEE Christopher J Gasiorek
CHAIRMAN Jeffery G Neuberth
SECRETARY/TREASURER Larry A Larsen
TRUSTEE Paul Strauch
PRESIDENT Ralf Steitz

Officer compensation and complete director data available with membership.

Top Grant Purposes

CONSERVATION ACTIVITIES
$600,000 1 grant
EDUCATION
$285,725 6 grants
For grant recipient's exempt purposes
$152,957 4 grants
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$40,000 1 grant
FOR RECIPIENT'S EXEMPT PURPOSE
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $13.9M $17.3M $38.6M
2023 $18.0M $17.9M $41.7M
2022 $23.2M $14.5M $41.4M
2020 $5.6M $9.0M $40.0M
2019 $6.0M $11.5M $42.8M

Between 2019 and 2024, reported annual revenue grew from $6.0M to $13.9M (+132%), with total assets most recently reported at $38.6M.

Interactive year-over-year charts and full filing details available with membership.

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