Naval Academy Sailing Foundation Inc
Donations deductibleNaval Academy Sailing Foundation Inc's network
11 peoplei11 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (11). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
11 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 10 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Alec Cutler | Trustee | 2023 | 3 yrs |
| Anthony W Parker (also filed as Anthony Parker) | Trustee | 2023 | 3 yrs |
| Brad Rodi | Trustee | 2023 | 3 yrs |
| CDR LES Spanheimer USN RET | Treasurer & Executive Dire | 2018 | 8 yrs |
| CDR Nick Madigan Usnr RET | President & Trustee | 2018 | 8 yrs |
| Clare Harrington | Trustee | 2021 | 5 yrs |
| HAL Gilreath | Trustee | 2021 | 5 yrs |
| Margaret Podlich | Secretary & Trustee | 2023 | 3 yrs |
| Peter Craig | Trustee | 2023 | 3 yrs |
| Radm Pat Dawson JR Usnr RET | Trustee | 2020 | 6 yrs |
| Vadm Dixon Smith USN RET | Vice President & Trustee | 2024 | 2 yrs |
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Mr Thomas H Closs JR | Company secretary | 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| CDR Les Spanheimer Usn Ret | Treasurer & Executive Dire | 40 | $150k | ||
| CDR Nick Madigan Usnr Ret | President & Trustee | 1 | $0 | ||
| Margaret Podlich | Secretary & Trustee | 1 | $0 | ||
| Vadm Dixon Smith Usn Ret | Vice President & Trustee | 1 | $0 | ||
| Brad Rodi | Trustee | 1 | $0 | ||
| Peter Craig | Trustee | 1 | $0 | ||
| Clare Harrington | Trustee | 1 | $0 | ||
| Alec Cutler | Trustee | 1 | $0 | ||
| Radm Pat Dawson Jr Usnr Ret | Trustee | 1 | $0 | ||
| Hal Gilreath | Trustee | 1 | $0 | ||
| Anthony Parker | Trustee | 1 | $0 |
About
- Legal name
- Naval Academy Sailing Foundation Inc
- EIN
- 237328323
- Address
- 58 Bennion Rd MSC 23jnaval, Annapolis, MD, 21402-5054
- State
- Maryland
- Mission
- To further the mission of the united states naval academy; primarily through direct support to the sail training program at the naval academy. (as filed on the Form 990)
- Activity (NTEE)
- W30I Public and societal benefit
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Public & Societal Benefit
- Size band
- 8 (IRS master file code)
- Formed
- 1973
- Principal officer
- CDR Les Spanheimer Usn (as named on the Form 990)
- IRS ruling date
- 1 December 1973
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsCDR LES Spanheimer USN RET
≥8years on the filingsCDR Nick Madigan Usnr RET
≥6years on the filingsRadm Pat Dawson JR Usnr RET
≥5years on the filingsClare Harrington
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $33.2m
- Total liabilities
- $183k
- Net assets or fund balances
- $33m
- Contributions and grants received
- $1.7m
- Program service revenue
- $0
- Employees
- 1
- Volunteers
- 10
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $1.1m | $2.9m | Deficit $1.8m |
As filed on the IRS Form 990. US dollars.