Maritime Defense League
Maritime Defense League shows significant revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 116180601 · Camp Springs, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $23K |
| Program Spending | 80% |
| Net Assets | $3.9M |
| Transparency Score | 85/100 |
Is Maritime Defense League Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maritime Defense League directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maritime Defense League
Maritime Defense League (EIN: 116180601) is a nonprofit organization based in Camp Springs, MD. The organization reported total revenue of $1.5M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maritime Defense League's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maritime Defense League is a mid-size nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $163K |
| Total Expenses | $23K |
| Surplus / Deficit | +$141K |
| Total Assets | $4.0M |
| Total Liabilities | $9K |
| Net Assets | $3.9M |
| Operating Margin | 86.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 2108.1 months |
Financial Health Grade: A
In 2023, Maritime Defense League reported a surplus of $141K with revenue exceeding expenses, holds 2108.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Maritime Defense League's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.9% | +27.7% | +13.2% |
| 2022 | +66.2% | +12.9% | -2.1% |
| 2021 | +3.4% | +12.1% | +8.4% |
| 2020 | +80.5% | +17085.2% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maritime Defense League with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Maritime Defense League allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $141K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
No officer compensation has been reported across all five filing periods, suggesting a volunteer-led organization or that executive compensation is not a significant expense, which is positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Maritime Defense League's IRS 990 filings:
- Lack of detailed expense breakdown in summary data makes program efficiency hard to fully assess.
- NTEE Code is unknown, which can make it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Maritime Defense League:
- Consistent and significant growth in assets, from $3,099,665 in 2019 to $4,426,932 currently.
- Substantial increase in revenue, with latest revenue at $1,487,935.
- Very low reported liabilities across all periods, indicating strong financial stability.
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
Frequently Asked Questions about Maritime Defense League
Is Maritime Defense League a legitimate charity?
Based on AI analysis of IRS 990 filings, Maritime Defense League (EIN: 116180601) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Maritime Defense League spend its money?
Maritime Defense League directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maritime Defense League tax-deductible?
Maritime Defense League is registered as a tax-exempt nonprofit (EIN: 116180601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maritime Defense League's spending goes to programs?
Maritime Defense League directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maritime Defense League located?
Maritime Defense League is headquartered in Camp Springs, Maryland and files with the IRS under EIN 116180601.
How many years of IRS 990 filings does Maritime Defense League have?
Maritime Defense League has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
What are the specific programs and activities that the Maritime Defense League funds?
The provided data does not detail specific programs. Further review of the full IRS 990 form would be needed to understand their programmatic activities.
How does the organization manage its significant asset growth and what are these assets primarily composed of?
The organization's assets have grown from $3,099,665 in 2019 to $4,426,932 currently. The specific composition of these assets (e.g., investments, property) is not detailed in the summary data.
Why is there no officer compensation reported across all filing periods?
The absence of reported officer compensation could indicate a volunteer-run organization or that compensation is categorized differently. This would require reviewing the full 990 for clarification.
Filing History
IRS 990 filing history for Maritime Defense League showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Maritime Defense League's revenue has grown by 160.7%, moving from $63K to $163K. Total assets increased by 27.6% over the same period, from $3.1M to $4.0M. Total functional expenses rose by 27685.2%, from $81 to $23K. In its most recent filing year (2023), Maritime Defense League reported a surplus of $141K, with revenue exceeding expenses. The organization holds $9K in liabilities against $4.0M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $23K | $4.0M | $9K | — | — |
| 2022 | $194K | $18K | $3.5M | $8K | — | — |
| 2021 | $117K | $16K | $3.6M | $6K | — | View 990 |
| 2020 | $113K | $14K | $3.3M | $5K | — | — |
| 2019 | $63K | $81 | $3.1M | $5K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $23K, and assets of $4.0M (revenue -15.9% year-over-year).
- 2022: Revenue of $194K, expenses of $18K, and assets of $3.5M (revenue +66.2% year-over-year).
- 2021: Revenue of $117K, expenses of $16K, and assets of $3.6M (revenue +3.4% year-over-year).
- 2020: Revenue of $113K, expenses of $14K, and assets of $3.3M (revenue +80.5% year-over-year).
- 2019: Revenue of $63K, expenses of $81, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maritime Defense League:
Data Sources and Methodology
This transparency report for Maritime Defense League is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.