CALIFORNIA MARITIME ACADEMY FOUNDATION INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CALIFORNIA MARITIME ACADEMY FOUNDATION INC (EIN 23-7213404)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-14
- IRS object ID
- 202611349349313276
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T19:27:02-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 16TH STREET SUITE 1700 | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237213404 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIFORNIA MARITIME ACADEMY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CALI | BusinessNameControlTxt |
| Phone | 7076541085 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 MARITIME ACADEMY DRIVE | AddressLine1Txt |
| City | VALLEJO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94590 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANGIE KRAETSCH | PersonNm |
| Person Title | ACTING CFO | PersonTitleTxt |
| Phone | 7076541000 | PhoneNum |
| Signature | 2026-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | REBECCA DETTMANN CPA | PreparerPersonNm |
| PTIN | P01408585 | PTIN |
| Phone | 3037795710 | PhoneNum |
| Preparation | 2026-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANGIE KRAETSCH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 MARITIME ACADEMY DRIVE | AddressLine1Txt |
| City | VALLEJO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94590 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,465,832 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | SEE SCHEDULE O | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | WORKING WITH FACULTY, ALUMNI, PARENTS, DONORS, AND STUDENTS, TO BROADEN CAL MARITIME'S COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 26 | TotalVolunteersCnt |
| Total Gross UBI | $4,753,044 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,187,801 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,487,057 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,737,745 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,653,940 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,648,815 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,267,428 | CYInvestmentIncomeAmt |
| PY Other Revenue | $764,442 | PYOtherRevenueAmt |
| CY Other Revenue | $6,334 | CYOtherRevenueAmt |
| PY Total Revenue | $9,338,803 | PYTotalRevenueAmt |
| CY Total Revenue | $13,414,759 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $532,411 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $858,072 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $35,484 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,624,390 | PYOtherExpensesAmt |
| CY Other Expenses | $7,951,509 | CYOtherExpensesAmt |
| PY Total Expenses | $8,156,801 | PYTotalExpensesAmt |
| CY Total Expenses | $8,809,581 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,182,002 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,605,178 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $35,233,040 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,004,618 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,705,608 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,213,532 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $32,527,432 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $38,791,086 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WORKING WITH THE FACULTY, ALUMNI, PARENTS, DONORS, AND STUDENTS, SEEKING TO BROADEN CAL MARITIME'S COMMUNITY TO INCLUDE ALL WHO HOLD A STAKE IN ITS PAST, PRESENT, AND FUTURE. RESPONSIBILITIES INCLUDE FUNDRAISING, DONOR RELATIONS, ALUMNI AFFAIRS, LEGISLATIVEAFFAIRS, AND FUNDRAISING DATABASE MANAGEMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $6,478,786 | ExpenseAmt |
| Grant | $163,244 | GrantAmt |
| Revenue | $597,311 | RevenueAmt |
| Desc | ACTIVITIES RELATING TO RAISING MONEY FOR SCHOLARSHIPS, SUPPORTING THE ACADEMIC AND STUDENT PROGRAMS, AND BUILDING THE ENDOWMENT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $694,828 | ExpenseAmt |
| Grant | $694,828 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLARSHIPS - SCHOLARSHIP DONATIONS ARE PROVIDED TO THE UNIVERSITY AND AWARDED TO STUDENTS TO OFFSET THE COST OF ATTENDING THE ACADEMY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,173,614 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 3 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARILOU COLLINS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7076541280 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 MARITIME ACADEMY DR | AddressLine1Txt |
| City | VALLEJO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94590 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JOHN BETZ | ||||||
| CHAIRMAN | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MICHAEL RODGERS | ||||||
| TREASURER | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KAREN SMITH | ||||||
| SECRETARY | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KRIS ABRUDAN | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| BILL ANDREW | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| SAMARO BANNISTER | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| MARC BAYER | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT BRISENO | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| TIMOTHY COOMBS | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| MARIO CORDERO | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL DUMONT | ||||||
| DIRECTOR (PRESIDENT, CSU CMA) | 4.00 | Yes (X) | $0 | $0 | $0 | |
| KIM ESTES | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID FRANKEL | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN GIFFIN | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| CARL HOLMES | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| NIKHIL HUNTER | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| BETH KIRKPATRICK | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| ANGIE KRAETSCHDIRECTOR VPCFO | ||||||
| CSU CMA)/FDTN CONTROLLER AS OF 08/24 | 4.00 | Yes (X) | Yes (X) | $11,370 | $0 | $2,226 |
| LYNN KORWATCH | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| MITCH MATHAI | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| ANNE MCINTYRE | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| ADAM MOILANEN | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| HOLLY OSEN | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER PETERSON | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| JENNIFER RADICS-JOHNSON | ||||||
| DTR (SR.DIR.OF ADV.OPERATIONS,CSUMA) | 4.00 | Yes (X) | $0 | $0 | $0 | |
| KRIS RIETMANN-ABRUDAN | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| TODD ROBERTS | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| ED WASHBURN | ||||||
| DIRECTOR | 4.00 | Yes (X) | $0 | $0 | $0 | |
| FRANZ LOZANO FOUNDATION | ||||||
| CONTROLLER (VP/CFO,CSUMA) THRU 08/24 | 4.00 | Yes (X) | $58,695 | $0 | $7,635 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $70,065 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $9,861 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CIVIL SEAS LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2252 EVERGREEN STREET | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | MARINE BROKERAGE | ServicesDesc |
| Compensation | $914,924 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $197,773 | FundraisingAmt |
| All Other Contributions | $7,289,284 | AllOtherContributionsAmt |
| Noncash Contributions | $6,842,037 | NoncashContributionsAmt |
| Total Contributions | $7,487,057 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| VESSEL LEASE REVENUE | 532284 | $2,056,629 | $2,056,629 | |
| MANAGEMENT FEE | 561110 | $597,311 | $597,311 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,653,940 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $909,092 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $28,504 | UnrelatedBusinessRevenueAmt |
| Exclusion | $880,588 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,768,611 | SecuritiesAmt |
| Other | $4,548,474 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,078,186 | SecuritiesAmt |
| Other | $1,880,563 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$309,575 | SecuritiesAmt |
| Other | $2,667,911 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,358,336 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,667,911 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$309,575 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $80,230 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $197,773 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $92,324 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,094 | TotalRevenueColumnAmt |
| Exclusion | -$12,094 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 990009 | BusinessCd |
| Total Revenue Column | $18,428 | TotalRevenueColumnAmt |
| Exclusion | $18,428 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $18,428 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,414,759 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $597,311 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $4,753,044 | UnrelatedBusinessRevenueAmt |
| Exclusion | $577,347 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $856,322 | TotalAmt |
| Program Services | $856,322 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,750 | TotalAmt |
| Program Services | $1,750 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,109 | TotalAmt |
| Management And General | $41,109 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,848 | TotalAmt |
| Management And General | $112,848 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,603,584 | TotalAmt |
| Program Services | $1,596,533 | ProgramServicesAmt |
| Management And General | $237 | ManagementAndGeneralAmt |
| Fundraising | $6,814 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,604 | TotalAmt |
| Program Services | $35,604 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,341 | TotalAmt |
| Program Services | $6,207 | ProgramServicesAmt |
| Management And General | $9,439 | ManagementAndGeneralAmt |
| Fundraising | $1,695 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,226 | TotalAmt |
| Program Services | $6,226 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $342,265 | TotalAmt |
| Program Services | $342,265 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,497 | TotalAmt |
| Program Services | $58,689 | ProgramServicesAmt |
| Fundraising | $2,808 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,252 | TotalAmt |
| Program Services | $4,252 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,452,307 | TotalAmt |
| Program Services | $3,413,511 | ProgramServicesAmt |
| Management And General | $38,796 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,416 | TotalAmt |
| Program Services | $10,416 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| R AND M VESSELS | $923,429 | $175,205 | $748,224 |
| MOORAGE | $364,488 | $364,488 | |
| FDN ADMIN SERVICE FEE | $328,338 | $328,338 | |
| COST RECOVERY | $302,085 | $302,085 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $345,720 | TotalAmt |
| Program Services | $302,146 | ProgramServicesAmt |
| Management And General | $19,407 | ManagementAndGeneralAmt |
| Fundraising | $24,167 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,809,581 | TotalAmt |
| Program Services | $7,173,614 | ProgramServicesAmt |
| Management And General | $1,600,483 | ManagementAndGeneralAmt |
| Fundraising | $35,484 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,037,476 | BOYAmt |
| EOY | $8,745,470 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,500,551 | BOYAmt |
| EOY | $2,772,361 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,506 | BOYAmt |
| EOY | $101,556 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,159 | BOYAmt |
| EOY | $17,056 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,071,323 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,082,656 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,679,037 | BOYAmt |
| EOY | $9,988,667 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,056,013 | BOYAmt |
| EOY | $17,102,103 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,017,003 | BOYAmt |
| EOY | $1,416,402 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $779,295 | BOYAmt |
| EOY | $861,003 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,233,040 | BOYAmt |
| EOY | $41,004,618 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,971 | BOYAmt |
| EOY | $412,317 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,412 | BOYAmt |
| EOY | $62,514 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,558,225 | BOYAmt |
| EOY | $1,738,701 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,705,608 | BOYAmt |
| EOY | $2,213,532 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,983,845 | BOYAmt |
| EOY | $16,577,647 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,543,587 | BOYAmt |
| EOY | $22,213,439 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,527,432 | BOYAmt |
| EOY | $38,791,086 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,233,040 | BOYAmt |
| EOY | $41,004,618 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,605,178 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,658,476 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,984,566 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,651,042 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,358,038 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,187,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,487,057 | CurrentTaxYearAmt |
| Total | $36,668,504 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,984,566 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,651,042 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,358,038 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,187,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,487,057 | CurrentTaxYearAmt |
| Total | $36,668,504 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $18,585,304 | SubstantialContributorsTotAmt |
| Public Support Total170 | $18,083,200 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $268,385 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $341,377 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $393,673 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $694,829 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $880,588 | CurrentTaxYearAmt |
| Total | $2,578,852 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $34,289 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,735 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $131,554 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $193,578 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $632,888 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,428 | CurrentTaxYearAmt |
| Total | $651,316 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $40,092,250 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,620,542 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.45100 | PublicSupportCY170Pct |
| Public Support PY170 | 0.47550 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER OPERATING REVENUE - 2023 AMOUNT: $ 632,888. 2024 AMOUNT: $ 18,428. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,176,892 | BeginningYearBalanceAmt |
| Contributions | $476,558 | ContributionsAmt |
| Investment Earnings Or Losses | $1,821,046 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $685,315 | GrantsOrScholarshipsAmt |
| End Year Balance | $20,789,181 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,866,246 | BeginningYearBalanceAmt |
| Contributions | $461,642 | ContributionsAmt |
| Investment Earnings Or Losses | $3,694,574 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $490,649 | GrantsOrScholarshipsAmt |
| Other Expenditures | $354,921 | OtherExpendituresAmt |
| End Year Balance | $19,176,892 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,264,913 | BeginningYearBalanceAmt |
| Contributions | $451,267 | ContributionsAmt |
| Investment Earnings Or Losses | $810,523 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $443,472 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$2,783,015 | OtherExpendituresAmt |
| End Year Balance | $15,866,246 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,514,934 | BeginningYearBalanceAmt |
| Contributions | $206,779 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,204,034 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $433,453 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$180,687 | OtherExpendituresAmt |
| End Year Balance | $12,264,913 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,726,358 | BeginningYearBalanceAmt |
| Contributions | $1,063,122 | ContributionsAmt |
| Investment Earnings Or Losses | $2,133,889 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $408,435 | OtherExpendituresAmt |
| End Year Balance | $13,514,934 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.08490 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.89080 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.02430 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $775,929 | OtherCostOrOtherBasisAmt |
| Book Value | $775,929 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,939,823 | OtherCostOrOtherBasisAmt |
| Depreciation | $174,582 | DepreciationAmt |
| Book Value | $1,765,241 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,355,571 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,908,074 | DepreciationAmt |
| Book Value | $7,447,497 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,988,667 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE BOAT DEPOSITS | $887,289 |
| LEASE PAYABLE | $851,412 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,738,701 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,052,711 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,658,476 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $92,324 | OtherRevenueAmt |
| Revenue Not Reported | $1,750,800 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,301,911 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $112,848 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $112,848 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,414,759 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,789,057 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $92,324 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $92,324 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,696,733 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $112,848 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $112,848 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,809,581 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701(D) OF THE REVENUE AND TAXATION CODE (THE CODE) AND, THEREFORE, HAS MADE NO PROVISION FOR FEDERAL OR CALIFORNIA INCOME TAXES. CONTRIBUTORS, DONORS, AND GRANTORS MAY OBTAIN TAX BENEFITS. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAXES ON CHARTER LEASE REVENUE RECEIVED THROUGH THE BOAT DONATION PROGRAM. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE FOUNDATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE FOUNDATIONS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2025. THE FOUNDATION IS SUBJECT POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA PURPOSES IS FOUR YEARS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE RE-ALLOCATED TO STATEMENT OF REVENUE 92,324. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE RE-ALLOCATED TO STATEMENT OF REVENUE 92,324. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Specific Services Provided | N/A | SpecificServicesProvidedTxt |
| Region Total Expenditures | $312,813 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $312,813 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $312,813 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3: | FormAndLineReferenceDesc |
| Explanation | INVESTMENTS ARE ACCOUNTED FOR IN THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS USING THE FAIR MARKET VALUE OF EACH FUND PER EACH FUND'S INVESTMENTS STATEMENT. THE AMOUNT IN COLUMN (F) IS THE FAIR MARKET VALUE. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL GALA | Event1Nm |
| Gross Receipts Event1 | $258,614 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $187,114 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $71,500 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $3,000 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $60,566 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $5,947 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $1,900 | OtherDirectExpensesEvent1Amt |
| Event2 | GOLF TOURNAMENT | Event2Nm |
| Gross Receipts Event2 | $19,389 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $10,659 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $8,730 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $8,280 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $0 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $450 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $12,181 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $278,003 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $197,773 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $80,230 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $3,000 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $68,846 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $5,947 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $450 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $14,081 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $92,324 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$12,094 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIFORNIA STATE UNIVERSITY MARITIME ACADEMY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 MARITIME ACADEMY DRIVE | AddressLine1Txt |
| City | VALLEJO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94590 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 680316355 | RecipientEIN |
| IRC Section | STATE OF CALIFORNIA | IRCSectionDesc |
| Cash Grant | $856,322 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
| Purpose Of Grant | GENERAL ACADEMIC/STUDENT PROGRAM SUPPORT AND STUDENT SCHOLARSHIPS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION'S GRANT FUNDS SHALL BE ADMINISTERED BY THE BOARD OF DIRECTORS FOR THE BENEFIT OF THE CALIFORNIA STATE UNIVERSITY MARITIME ACADEMY. ANY UNRESTRICTED (UNDESIGNATED) FUNDS SHALL BE ADMINISTERED AT THE DIRECTION OF THE EXECUTIVE DIRECTOR OF THE FOUNDATION. ANY RESTRICTED (DESIGNATED) FUNDS SHALL BE USED FOR THE SPECIFIC PURPOSE(S) INTENDED AND NO OTHER(S). | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FRANZ LOZANO FOUNDATION | ||||||||||||||
| CONTROLLER (VP/CFO,CSUMA) THRU 08/24 | $58,695 | $0 | $0 | $0 | $0 | $0 | $2,573 | $0 | $5,062 | $0 | $66,330 | $0 | $0 | $0 |
| ANGIE KRAETSCHDIRECTOR VPCFO | ||||||||||||||
| CSU CMA)/FDTN CONTROLLER AS OF 08/24 | $11,370 | $0 | $0 | $0 | $0 | $0 | $1,525 | $0 | $701 | $0 | $13,596 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | THE FOLLOWING INDIVIDUALS RECEIVED THE FOLLOWING TYPES OF COMPENSATION FROM CALIFORNIA STATE UNIVERSITY MARITIME ACADEMY, AN UNRELATED ORGANIZATION: FRANZ LOZANO; BASE COMPENSATION $58,695, DEFERRED COMPENSATION $2,573 AND NONTAXABLE BENEFITS $5,062 THE FOLLOWING INDIVIDUALS RECEIVED THE FOLLOWING TYPES OF COMPENSATION FROM CAL POLY SAN LUIS OBISPO, AN UNRELATED ORGANIZATION: ANGIE KRAETSCH; BASE COMPENSATION $11,370, DEFERRED COMPENSATION $1,525 AND NONTAXABLE BENEFITS $701 | ExplanationTxt |
Schedule M IRS990ScheduleM
Boats And Planes BoatsAndPlanesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,642,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $196,188 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | AUCTION ITEMS | 1 | $3,000 | FMV |
| Yes (X) | SUPPLIES | 1 | $349 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 9 | Form8283ReceivedCnt |
| Any Property That Must Be Held | Yes (1) | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | IN PART I, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS RECEIVED PER EACH PROPERTY TYPE. |
| PART I, LINE 30B: | THE ORGANIZATION RECEIVED BY CONTRIBUTION 9 BOATS THAT MUST BE HELD FOR AT LEAST 3 YEARS FROM THE DATE OF INITIAL CONTRIBUTION BEFORE BEING SOLD. |
| PART I, LINE 32B: | THE ORGANIZATION USES THIRD PARTY BOAT BROKERS TO ACQUIRE VESSEL DONATIONS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, BOX J | WWW.MARITIME-ARCHIVE.CALPOLY.EDU/SUPPORT/FOUNDATION/INDEX.HTML |
| FORM 990, PART VI, SECTION A, LINE 7A | THE PRESIDENT OF CAL MARITIME AND THE EXECUTIVE DIRECTOR OF THE FOUNDATION SHALL SERVE AS REGULAR DIRECTORS. ALL DIRECTORS OF THE BOARD, MAY VOTE ON BOARD ACTIONS. |
| FORM 990, PART VI, SECTION A, LINE 7B | IF AT ANY TIME THE FOUNDATION SHALL BE REMOVED FROM THE GOOD STANDING LIST OF THE CSU IN ACCORDANCE WITH TITLE 5, SECTION 42406 AND EXECUTIVE ORDER 698, THE CORPORATION SHALL BE DISSOLVED WITHOUT FURTHER VOTE BY THE BOARD. THE DISSOLUTION OF THE FOUNDATION, NET ASSETS, OTHER THAN TRUST FUNDS, WILL BE DISTRIBUTED TO A SUCCESSOR APPROVED BY THE PRESIDENT OF CAL MARITIME (OR DESIGNEE) AND THE CSU BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES THAT HAVE BEEN GRANTED AUTHORITY TO ACT ON BEHALF OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 15 | ALL PAID PERSONS INVOLVED WITH THE CALIFORNIA MARITIME ACADEMY FOUNDATION, INC. ARE EMPLOYED BY THE STATE OF CALIFORNIA AND ARE HIRED USING THE STATE'S HIRING CRITERIA. |
| FORM 990, PART VI, SECTION C, LINE 19 | ADDITIONAL INFORMATION REGARDING THE ORGANIZATION MAY BE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | VESSEL SALES COMMISSIONS: PROGRAM SERVICE EXPENSES 919,772. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 919,772. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 676,761. MANAGEMENT AND GENERAL EXPENSES 237. FUNDRAISING EXPENSES 6,814. TOTAL EXPENSES 683,812. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
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