SHRINE MONT INCORPORATED

EIN: 540326490 501(c)(3) Recreation & Sports

ORKNEY SPRINGS, VA

Total Revenue
$6,340,076
Total Expenses
$3,349,871
Total Assets
$17,479,512
Net Assets
$17,287,701
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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
VA
Principal Officer
KEVIN MOOMAW
Phone
5408562141
Tax Period
2024-01-01 to 2024-12-31

SHRINE MONT INCORPORATED, founded in 1929, is a community nonprofit in the Recreation & Sports sector that reported $6.3M in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.0M, a strong 47% operating margin.

Mission

TO PROVIDE "A PLACE APART" FOR REST, DEVOTION, FELLOWSHIP, LEARNING AND EDUCATION, WHERE ALL MAY GROW IN THE GRACE OF GOD.

Program Service Accomplishments

Program 1
Expenses: $2,977,304 Revenue: $2,635,016

SHRINE MONT IS A CONFERENCE AND RETREAT FACILITY SERVING THE EPISCOPAL DIOCESE OF VIRGINIA. INTEGRAL TO THE CAMPUS IS THE CATHEDRAL SHRINE OF THE TRANSFIGURATION WHICH IS THE CATHEDRAL OF THE...

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SHRINE MONT IS A CONFERENCE AND RETREAT FACILITY SERVING THE EPISCOPAL DIOCESE OF VIRGINIA. INTEGRAL TO THE CAMPUS IS THE CATHEDRAL SHRINE OF THE TRANSFIGURATION WHICH IS THE CATHEDRAL OF THE DIOCESE. IN ADDITION TO THE WORK WITH THE EPISCOPAL CHURCH, SHRINE MONT HAS A STRONG COMMITMENT IN ADVANCING THE ARTS AND HISTORIC PRESERVATION. SHRINE MONT PROVIDES FOOD, LODGING, FACILITIES AND SUPPORT TO CHURCH GROUPS FROM A VARIETY OF DENOMINATIONS, SECULAR GROUPS, INDIVIDUALS AND FAMILIES SEEKING A PLACE APART. SEE SCHEDULE O.THE FOUNDATION OF SHRINE MONT'S RELATIONSHIP WITH THE EPISCOPAL CHURCH IS OUR BEING THE HOME OF THE CATHEDRAL SHRINE AND DESTINATION FOR PARISH RETREATS, CAMPS, CONFERENCES, INDIVIDUALS AND FAMILY REUNIONS AND VACATIONS. SHRINE MONT CONTINUED PREPARATIONS TO CELEBRATE OUR 100TH ANNIVERSARY WHICH OCCURS IN 2025.ACCOMPLISHMENTS IN 2024: -THE CATHEDRAL SHRINE SERVED OVER 10,000 WORSHIPERS-HOSTED OVER 15,000 INDIVIDUALS 108 RETREATS HELD BY 107 DIFFERENT PARISHES, 23 CHURCH CONFERENCES, 22 ARTS GROUPS AND NUMEROUS OTHER SMALL GROUPS AND FAMILY REUNIONS.-HELD 21 OF OUR OWN WORKSHOPS INCLUDING DIGITAL PHOTOGRAPHY, PICKLEBALL, YOGA, MEDITATION, FLOWER ARRANGING, AND A SUMMER CAMP FOR GROWN UPS. -SERVED OVER 460 CAMPERS.-SAW A GROWTH IN UTILIZATION OF FOUR ELECTRONIC VEHICLE CHARGING STATIONS ON SITE COURTESEY OF TESLA IN 2018. SHRINE MONT IS A PLACE OF BEAUTY AND PEACE THAT BRINGS ARTISTS OF ALL AGES AND DISCIPLINES. ACCOMPLISHMENTS IN 2023: -PROVIDED BOARDING AND LODGING FOR 22 ARTIST WORKSHOPS AND PROGRAMS IN A VARIETY OF DISCIPLINES INCLUDING PAINTING CREATION, DIGITAL PHOTOGRAPHY, WATERCOLORS, COLLAGE AND DANCE. -HOSTED THE SIXTY SECOND YEAR OF THE SHENANDOAH VALLEY MUSIC FESTIVAL, 8 CONCERTS WERE ATTENDED BY OVER 12,000 PEOPLE FROM THE SHENANDOAH VALLEY AND BEYOND. OVER 800 CONCERT PATRONS STAYED OVERNIGHT AT SHRINE MONT AS PART OF A MUSIC AND MOUNTAIN PACKAGE.-MAINTAINED, PRESERVED AND RESTORED AN ON -SITE COLLECTION OF THE WORKS OF THE 19TH CENTURY ARTIST JOHN DOUGLAS WOODWARD. SHRINE MONT PURCHASED THE HISTORIC ORKNEY SPRING HOTEL IN 1979 AND RENOVATED ITS TWELVE BUILDINGS, WHICH WERE BUILT BETWEEN 1855 AND 1875. THE HOTEL'S BUILDINGS WERE LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES IN 1976 AS ONE OF THE LAST COMPLETE EXAMPLES OF THE VIRGINIA VALLEY NINETEENTH -CENTURY MINERAL SPRING COMPLEXES DESIGNED FOR PUBLIC ACCOMMODATION. SHRINE MONT PRESERVES THIS HISTORIC TREASURE WITH ONGOING IMPROVEMENTS AND REGULAR UPKEEP TO PROTECT ITS HISTORIC VALUE AND PROVIDE COMFORTABLE ACCOMMODATIONS NOW AND FOR GENERATIONS TO COME.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,135,307
Program Service Revenue $2,538,036
Investment Income $432,308
Other Revenue $234,425
TOTAL REVENUE $6,340,076

Expense Breakdown

Grants Paid $12,900
Salaries & Benefits $1,686,777
Fundraising Expenses $228,054
Program Expenses $2,977,304
Other Expenses $1,650,194
TOTAL EXPENSES $3,349,871

Year-over-Year Comparison

2024 2023 Change
Revenue $6,340,076 $3,873,123 +0.6%
Expenses $3,349,871 $3,055,461 +0.1%
Net Income $2,990,205 $817,662 +2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
12
Employees
123
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$111,472
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THE RT REV'D MARK STEVENSON PRESIDENT AND CHAIRMAN 1.00
Officer Director
$0 $0 $0
MR CHARLES MONCURE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MS CATHERINE CRUM DIRECTOR 1.00
Director
$0 $0 $0
THE REV ROGER BOWEN DIRECTOR 1.00
Director
$0 $0 $0
MR RON CAREY DIRECTOR 1.00
Director
$0 $0 $0
MR BEN EMERSON DIRECTOR 1.00
Director
$0 $0 $0
MR RAY FOOTE DIRECTOR 1.00
Director
$0 $0 $0
MR SCOTT HARVARD DIRECTOR 1.00
Director
$0 $0 $0
REV ANDREW MERROW DIRECTOR 1.00
Director
$0 $0 $0
MS DIANE MILLER DIRECTOR 1.00
Director
$0 $0 $0
MS DIANE WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
REV MICHAEL GUY DIRECTOR 1.00
Director
$0 $0 $0
MR TED SMITH TREASURER 1.00
Officer
$0 $0 $0
MR MARK EASTHAM SECRETARY 1.00
Officer
$0 $0 $0
MR KEVIN MOOMAW EXECUTIVE DIRECTOR 40.00
Officer
$111,472 $0 $111,472
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $6,340,076 $3,349,871 $17,479,512 $2,990,205
2023 $3,873,123 $3,055,461 $14,262,051 $817,662
2022 $4,152,951 $2,742,587 $13,087,382 $1,410,364
2021 $3,039,198 $2,313,076 $13,034,285 $726,122
2020 $1,816,080 $2,070,663 $11,718,881 $-254,583
2019 $2,977,583 $2,784,215 $11,651,761 $193,368
2018 $2,883,168 $2,720,218 $11,027,384 $162,950
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