NEW ORLEANS MILITARY AND MARITIME ACADEMY INC
Mission Statement
The New Orleans Military and Maritime Academy is a Type 2 charter high school dedicated to the education of high school students, no matter their background or previous school experience. Students at NOMMA study in a focused, college preparatory environment guided by a team of teachers and retired military instructors who bring unparalleled experience to the classroom. All NOMMA students are cadets of the Marine Corps Junior Reserve Officer Training Program. The mentoring support provided by the JROTC instructors and instruction from the master’s level academic faculty ensures that cadets achieve their personal and academic potential. The acquisition of core knowledge and the skills of analysis, problem-solving, communication, and global responsibility will ensure the cadets success as future local and national leaders.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.4% | 84.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
29.6% | 13.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.2 mo | 10.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
45.8% | 32.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.7% | 88.2% |
P10P90
|
Below median |
|
Surplus margin
Surplus as a share of revenue
|
-1.1% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $17.9M | $18.1M | $13.8M | 70.4% | 173 |
| 2023 | $16.3M | $15.3M | $13.6M | 69.8% | 161 |
| 2022 | $15.4M | $14.4M | $12.6M | 68.1% | 161 |
| 2021 | $15.2M | $12.2M | N/A | — | 125 |
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