Ruritan National Corp
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Dublin, VA
- Founding
- 01/1964
- Data as of
- 09/2023
- EIN
- 54-0366440
Organization Overview
Ruritan National Corp is located in Dublin, VA. The organization was established in 1964. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Ruritan National Corp employed 8 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ruritan National Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2023, Ruritan National Corp generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $1.1m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RURITAN IS A NATIONAL ORGANIZATION DEDICATED TO IMPROVING COMMUNITIES AND BUILDING A BETTER AMERICA THROUGH FELLOWSHIP, GOODWILL, AND COMMUNITY SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SUPPORT SERVICES FOR LOCAL CLUBS, SO THOSE CLUBS CAN PROVIDE THE CIVIC SERVICES THAT ACCOMPLISH THE ORGANIZATIONS MISSION. THE ORGANIZATION ALSO HOLDS AN ANNUAL ORGANIZATION-WIDE CONVENTION, IN ADDITION TO VARIOUS LEADERSHIP CONFERENCES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Kelly Executive Director | Officer | 40 | $59,098 |
Roger Davis Director | Trustee | 3 | $0 |
Zachary Mccallie Director | Trustee | 3 | $0 |
Perry Marshman Director | Trustee | 3 | $0 |
Rebecca Lane Director | Trustee | 3 | $0 |
Paul Lewis Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $885,487 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $138,760 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,024,247 |
| Total Program Service Revenue | $119,222 |
| Investment income | $45,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,629 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$12,068 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,241,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,982 |
| Compensation of current officers, directors, key employees. | $13,196 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $224,085 |
| Pension plan accruals and contributions | $27,837 |
| Other employee benefits | $71,911 |
| Payroll taxes | $21,844 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $656 |
| Fees for services: Accounting | $8,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,030 |
| Fees for services: Other | $3,788 |
| Advertising and promotion | $8,904 |
| Office expenses | $89,673 |
| Information technology | $18,001 |
| Royalties | $0 |
| Occupancy | $13,750 |
| Travel | $69,593 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $130,795 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,498 |
| Insurance | $97,755 |
| All other expenses | $31,808 |
| Total functional expenses | $1,127,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,475 |
| Savings and temporary cash investments | $7,369 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,287 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $55,435 |
| Prepaid expenses and deferred charges | $13,330 |
| Net Land, buildings, and equipment | $162,266 |
| Investments—publicly traded securities | $832,046 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,000 |
| Other assets | $0 |
| Total assets | $1,418,208 |
| Accounts payable and accrued expenses | $89,692 |
| Grants payable | $0 |
| Deferred revenue | $46,524 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $136,216 |
| Net assets without donor restrictions | $488,386 |
| Net assets with donor restrictions | $793,606 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,418,208 |