BEducationEIN: 951184512· Ruling Year: 1945

Army & Navy Academy

Carlsbad, California

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.43×
Peer Median9.48×
💰
$16.6M
Total Revenue
📊
$15.8M
Total Expenses
🏦
$22.7M
Net Assets
📋
$15.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.8%
Year-over-year change (2022 → 2023)
Net Margin
+4.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.43
Net assets divided by total expenses
Liabilities-to-Assets
41.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$16,597,32927%$15,838,8877%$38,453,4016%
2022$13,086,8956%$14,854,62717%$36,330,2824%
2021$12,387,1679%$12,650,4973%$37,972,3119%
2020$11,338,43718%$12,340,34011%$34,944,3012%
2019$13,781,9251%$13,858,2639%$34,402,5221%
2018$13,876,4673%$12,696,989$34,856,4304%
2017$14,256,16116%$12,667,5841%$33,479,1365%
2016$12,328,3145%$12,481,0652%$31,755,3593%
2015$12,953,0684%$12,677,1711%$30,762,141
2014$13,514,84125%$12,492,972$30,750,3572%
2013$18,120,49541%$12,511,2375%$30,004,56928%
2012$12,877,5726%$11,970,6694%$23,495,7182%
2011$12,114,945$11,490,860$22,972,366

Frequently Asked Questions

What does Army & Navy Academy do?

Army & Navy Academy is a education nonprofit organization based in California. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Army & Navy Academy financially healthy?

Based on our 9-metric Financial Health Score model, Army & Navy Academy has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Army & Navy Academy generate?

Army & Navy Academy reports $19.7M in annual revenue and holds $42.7M in total assets, based on IRS filings.

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