Navy Football Brotherhood Inc
- Assets
- $329.2k
- Revenue
- $191.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 02/2018
- Data as of
- 12/2023
- EIN
- 82-3966681
Organization Overview
Navy Football Brotherhood Inc is located in Annapolis, MD. The organization was established in 2018. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Navy Football Brotherhood 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 12/2023, Navy Football Brotherhood Inc generated $191.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $792.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AND SUPPORT THE UNITED STATES NAVAL ACADEMY FOOTBALL PROGRAM AND PLAYERS OF THE PAST PRESENT AND FUTURE AS FOLLOWS: 1 MENTOR MEN AND WOMEN PURSUING NAVY MARINE OFFICER CAREERS; 2 PROVIDE SOCIAL AND NETWORKING FELLOWSHIP AND STEWARDSHIP; 3 SUPPORT FAMILIES OF FALLEN TEAMMATES; AND 4 CELEBRATE THE LEGACY OF NAVY FOOTBALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PROGRAM- THE NFB GRANTS PROGRAM PROVIDES ASSISTANCE TO FORMER NAVY FOOTBALL PLAYERS THAT ARE IN NEED OF ASSISTANCE FROM MEDICAL ISSUES NATURAL DISASTERS DEATH FAMILY SUPPORT AND FINANCIAL MATTERS. MEMBERS PROVIDE SPECIFIED DONATIONS TO EACH TARGET INITIATIVE. IN 2023 WE HAD THREE DEDICATED PROGRAMS SUPPORTING OUR MEMBERS AND FAMILIES. BENEFITS PROVIDED INCLUDE MEDICAL EQUIPMENT NURSING CARE MORTGAGE ASSISTANCE HOME REPAIR GOODS FOOD SCHOLARSHIP FLOWERS AND ORGANIZATIONAL MERCHANDISE.
NETWORKING PROGRAM-- THE NFB NETWORKING PROGRAM PROVIDES A SOCIAL STRUCTURE FOR MEMBERS FAMILIES AND FRIENDS TO NETWORK. THE NETWORKING EVENTS LARGELY OCCUR IN THE ANNAPOLIS MD AREA AND WE ALSO SUPPORT EVENTS IN AREAS WITH A LARGE CONCENTRATION OF MEMBERS SUCH AS NORFOLK VA SAN DIEGO CA HONOLULU HI ATLANTA GA AND DALLAS TX. FOOD AND DRINK ARE THE BENEFITS PROVIDED AT THESE NETWORKING EVENTS.
MENTORSHIP PROGRAM - THE NFB MENTORING PROGRAM PROVIDES GUIDANCE ENCOURAGEMENT AND ASSISTANCE TO OUTSTANDING YOUNG MEN AND WOMEN PURSUING CAREERS AS NAVY AND MARINE CORPS OFFICERS. MENTORSHIP REFERS TO A PERSONAL DEVELOPMENTAL RELATIONSHIP BETWEEN A MORE EXPERIENCED MENTOR AND LESS EXPERIENCED PROTEGE. THIS PROGRAM IS FOCUSED ON THE GRADUATING SENIORS HEADING INTO THE NAVY AND MARINE CORPS AFTER GRADUATION ALTHOUGH IT CAN ALSO SERVE ANY MEMBER OF THE NAVY FOOTBALL BROTHERHOOD ORGANIZATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Schenk President | OfficerTrustee | 10 | $0 |
Brad Chatlos Vice President | OfficerTrustee | 2 | $0 |
Daron Fullwood Treasurer | OfficerTrustee | 2 | $0 |
Matt Harden Secretary | OfficerTrustee | 2 | $0 |
Anthony Bolden Board Of Advisors Chari | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $185,798 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,798 |
| Total Program Service Revenue | $11,959 |
| Investment income | $96 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$6,298 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,555 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $735,129 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $195 |
| Information technology | $190 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,604 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $792,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $308,846 |
| Savings and temporary cash investments | $20,318 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $329,164 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $329,164 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $329,164 |