Maritime Academy Charter High School
Maritime Academy Charter High School reported $18.0 million in revenue and $20.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $55.55 went to program services, $44.45 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.4% of the total. Government grants made up 14.3%. The highest compensation it reported for one person was $233,051 (CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 40% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $20MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $18MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 55.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 44.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 14.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 14.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 85.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $233,051 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.14% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 2 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe traditional topics of mathematics, sciences, language arts, and social studies serve as the core of student learning with additional classes in maritime areas, including transportation, nautical science, maritime business, ecology, astronomy and meteorology. Coursework is interdisciplinary, with classroom and individual learning that focuses on understanding the world through the lens of maritime studies. Special courses are being developed in, maritime navigation and piloting, protecting marine habitat, shipboard pollution control, simulated voyages for mariners, traffic services for…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $149,420 | $0 | $83,631 | $233,051 |
| CEO Former, 40.00 hrs/week | $116,515 | $0 | $9,662 | $126,177 |
2 people received more than $100,000 in reportable compensation from Maritime Academy Charter High School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $149K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5123
Correct a figure or respond
Every number above is copied from Maritime Academy Charter High School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Maritime Academy Charter High School, you can publish a response that is linked from this page.
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Of every $100 Maritime Academy Charter High School spent in FY2025, $55.55 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Merrick Academy Queens Public Charter SchoolSpringfield Gardens, NY · revenue $18M · programs 84.0% · FY2025
- Republic Schools NashvilleNashville, TN · revenue $18M · programs 85.3% · FY2025
- Deutscher Schulverein Washington DCPotomac, MD · revenue $18M · programs 82.8% · FY2025
- North Raleigh Christian AcademyRaleigh, NC · revenue $18M · programs 84.5% · FY2025
- The Academy of Classical Christian StudiesOklahoma City, OK · revenue $18M · programs 100.0% · FY2025
Questions people ask
How much of Maritime Academy Charter High School's spending goes to programs?
In the fiscal year ending June 30, 2025, Maritime Academy Charter High School reported that 55.6% of its $20.4 million in expenses went to program services, 44.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Maritime Academy Charter High School pay its top executive?
The largest total compensation Maritime Academy Charter High School reported for one person in the fiscal year ending June 30, 2025 was $233,051, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Maritime Academy Charter High School get its money?
Of $18.0 million in revenue in the fiscal year ending June 30, 2025, 14.3% came from contributions and grants (including 14.3% from government grants) and 85.4% from program service revenue (Form 990, Part VIII).
Is Maritime Academy Charter High School a registered charity?
The IRS lists EIN 05-0581916 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349305237 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349303526 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349304672 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341349349300509 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211349349301016 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141329349303379 · read the filing
All filings for EIN 05-0581916: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.