Mission
TO SUPPORT THE UNITED STATES MERCHANT MARINE ACADEMY AND OTHER 501(C)(3) ORGANIZATIONS AND CONDUCT MARITIME EDUCATION AND TRAINING.
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. 15 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.
EIN: 113561278
SPRING HILL, TN
Single Organization Support
NTEE: B11
Latest filing: 2024
Total Revenue$13.9M
Total Expenses$17.3M
Total Assets$38.6M
Grant Records15
Funding Total$1.2M
Filing Years2019–2024
Where $100 goes at The Usmma Sailing Foundation Inc
How The Usmma Sailing Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$96
Programs
the work itself
$2
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $96 for programs
$96
The foundation supports various sailing programs which provide hands-on learning opportunities for youth, college sailors, and aspiring mariners
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FOR RECIPIENT'S EXEMPT PURPOSE
$100,000
EDUCATION
$22,575
SINGLE ORGANIZATION SUPPORT
$10,000
For grant recipient's exempt purposes
$5,500
CONSERVATION ACTIVITIES
$600,000
Showing up to 5 of 15 total records — full history available with membership.
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
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.