Marine Military Academy Inc

Organization Overview

Marine Military Academy Inc is located in Harlingen, TX. The organization was established in 2005. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 05/2022, Marine Military Academy Inc employed 170 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Military Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 05/2022, Marine Military Academy Inc generated $14.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $15.2m during the year ending 05/2022. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ACADEMY IS A BOARDING SCHOOL PROVIDING COLLEGE PREPARATORY EDUCATION FOR YOUNG MEN GRADES 7-12, DEVELOPING THESE YOUNG MEN INTO DISCIPLINED, MORALLY STRONG, COLLEGE-READY YOUNG MEN PREPARED FOR RESPONSIBLE LEADERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MARINE MILITARY ACADEMY'S COLLEGE PREPARATORY BOARDING SCHOOL FOR YOUNG MEN IN GRADES 7 - 12 SERVED 256 ACADEMIC YEAR CADETS AND 392 SUMMER CAMPERS DURING THE YEAR ENDED MAY 31, 2022. CADETS STUDY THE ACADEMIC CORE DISCIPLINES OF ENGLISH, MATHEMATICS, SOCIAL SCIENCE, SCIENCE, AND FOREIGN LANGUAGE IN CLASSES WITH AN AVERAGE STUDENT TEACHER RATIO OF 8 TO 1 TO ENCOURAGE INDIVIDUAL ATTENTION. ELECTIVE COURSES AND ADVANCED PLACEMENT COURSES CHALLENGE CADETS WITH ADDITIONAL STUDY. THE ACADEMY OFFERS FOUR YEARS OF MANDARIN LANGUAGE AND CULTURE AND AN AEROSPACE PROGRAM THAT OFFERS THE OPPORTUNITY FOR A CADET TO OBTAIN HIS PILOT'S LICENSE. THE 50 GRADUATES OF THE CLASS OF 2022 EARNED ADMISSION TO FOUR-YEAR COLLEGES/UNIVERSITIES AND TWO-YEAR PROGRAMS OR ENTERED MILITARY SERVICE. IN 2021-2022, THE ACADEMY HAD 26 SCORES OF 3 OR ABOVE OUT OF A POSSIBLE 5 ON THE VARIOUS ADVANCED PLACEMENT EXAMS. ALL CADETS PARTICIPATE IN AN EXTRACURRICULAR ACTIVITY, AND PHYSICAL FITNESS IS A PRIORITY. THE ACADEMY DEVELOPS DISCIPLINED, MORALLY STRONG, COLLEGE-READY YOUNG MEN WHO ARE PREPARED FOR RESPONSIBLE LEADERSHIP. ALL EXPENSES ARE ATTRIBUTABLE TO THE SCHOOL.


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Board, Officers & Key Employees

Name (title)Compensation
Christopher S Dowling
President
$192,630
John D Butler
Cfo/provost
$154,192
Robert R Grider
Dir - Inst. Advancmt
$143,138
Miriam Hidalgo
Dean
$106,488
Alfred M Gray Jr
Chancellor
$0
Robert A Lutz
Vice Chairman
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gulf Coast Painting
Building Maintenance
$212,213
Trane Us Inc
Equipment & Installation
$180,274
Mission Restaurant Supply
Equipment & Installation
$165,452
Seal Construction Llc
Building Maintenance
$340,059
Sechrist Hall Company
Building Maintenance
$145,212
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$196,863
Related organizations$287,836
Government grants $233,263
All other contributions, gifts, grants, and similar amounts not included above$2,236,026
Noncash contributions included in lines 1a–1f $146,040
Total Revenue from Contributions, Gifts, Grants & Similar$2,953,988
Total Program Service Revenue$10,392,140
Investment income $425,743
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $346,617
Net Income from Fundraising Events -$37,489
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $238,784
Miscellaneous Revenue$0
Total Revenue $14,319,783

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Marine Military Academy Inc has recieved totaling $1,000.

Awarding OrganizationAmount
David And Linda Swain Foundation

S Padre Isle, TX

PURPOSE: EDUCATION

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$21,985,653
Earnings-$1,089,277
Net Contributions$845,964
Other Expense$123,391
Grants$397,150
Ending Balance$21,221,799

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