CSCharityScored
47

Lundeberg Maryland Seamanship School Inc

Education · Camp Springs, Maryland

5201 Capital Gateway Dr, Camp Springs, MD 20746-4447

EIN: 112206183· Founded: Dec 1973· 53 years active· Filing Year: 2023

Annual Revenue

$8.0M

Total Expenses

$29.1M

Total Assets

$44.1M

Program Spending

19%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$146K

0.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$8.8M

Total Payroll

$9.0M

31% of total expenses

Where the Money Goes

19%
Programs: 19%
Payroll: 31%
Other overhead: 81%
Program Revenue$5.6M (70%)
Total Expenses$29.1M (100%)
Payroll$9.0M (31%)
Overhead (non-program)81%

Trust Score Breakdown

Program Spending Ratio

19% of expenses go to programs

40%

Revenue & Stability

$8.0M annual revenue

15%

Executive Compensation

$146K total officer comp (0.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$44.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.