RURITAN NATIONAL CORPORATION

EIN: 541061921 501(c)(3) Community Improvement

BERRYVILLE, VA

Total Revenue
$327,985
Total Expenses
$357,299
Total Assets
$3,131,547
Net Assets
$3,131,547
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
VA
Principal Officer
ELIZABETH SHOEMAKER
Phone
5409553755
Tax Period
2024-01-01 to 2024-12-31

RURITAN NATIONAL CORPORATION, founded in 1954, is a small nonprofit in the Community Improvement sector that reported $328K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Net assets of $3.1M represent 115 months of operating reserves.

Mission

TO PROMOTE FELLOWSHIP AMONG ITS MEMBERS AND THE CITIZENS IN THE COMMUNITY, TO UNIFY THE EFFORTS OF THOSE INDIVIDUALS, ORGANIZATIONS AND INSTITUTIONS TO WORK WITH OTHER AGENCIES THAT SERVE THE COMMUNITY AND FOSTER THE IDEALS OF THE COMMUNITY SERVED.

Program Service Accomplishments

Program 1
Expenses: $341,939

PLAN, STAFF AND OPERATE THE ANNUAL COUNTY FAIR FOR ONE WEEK EACH YEAR IN AUGUST. NET PROFITS FROM VARIOUS PROJECTS ARE USED TO SUPPORT THE CLUBS SCHOLARSHIP FUNDS, FFA, BOY SCOUNTS, 4-H, LITTLE...

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PLAN, STAFF AND OPERATE THE ANNUAL COUNTY FAIR FOR ONE WEEK EACH YEAR IN AUGUST. NET PROFITS FROM VARIOUS PROJECTS ARE USED TO SUPPORT THE CLUBS SCHOLARSHIP FUNDS, FFA, BOY SCOUNTS, 4-H, LITTLE LEAGUE, COMMUNITY LIBRARY, SENIOR CENTERS MEALS ON WHEELS AND OTHE YOUTH GROUPS, AS WELL AS OTHER SCHOOL ORGANIZATIONS. THE GROUNDS AND BUILDINGS, OWNED BY THE CLUB, PROVIDE A LOCATION FOR MANY COMMUNITY ACTIVITIES SPONSORED BY SUCH GROUPS AS THE CLARKE COUNTY EXTENSION OFFICE AND SERVICE, SENIOR CITIZENS CENTER, HELP WITH HOUSING, SHELTER FOR ABUSED WOMEN, KIWANIS, LIONS CLUB, AND YOUNG FARMERS TO NAME A FEW. THE FACILITIES ARE ALSO USED BY OTHER NON-PROFIT ORGANIZATIONS SUCH AS THE AMERICAN CANCER SOCIETY FOR THEIR ANNUAL RELAY FOR LIFE EFFORTS AND THE SHELTER FOR ABUSED WOMEN IN THEIR FUNDRAISING AWARENESS PROJECTS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $66,293
Program Service Revenue $0
Investment Income $7,126
Other Revenue $254,566
TOTAL REVENUE $327,985

Expense Breakdown

Grants Paid $10,300
Salaries & Benefits $10,950
Fundraising Expenses $0
Program Expenses $341,939
Other Expenses $336,049
TOTAL EXPENSES $357,299

Year-over-Year Comparison

2024 2023 Change
Revenue $327,985 $386,130 -0.2%
Expenses $357,299 $324,136 +0.1%
Net Income $-29,314 $61,994 -1.5%
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
9
Independent Members
9
Employees
2
Volunteers
N/A

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLENN SKILLMAN GROUNDS CHAIRMAN 4.00
Officer Director
$0 $0 $0
JIM SWISHER DIRECTOR 0.25
Director
$0 $0 $0
COREY CATHER LIVESTOCK CHAIRMAN 0.00
Director
$0 $0 $0
PHILIP SHENK DIRECTOR 0.00
Director
$0 $0 $0
HOPE CATHER DIRECTOR 0.00
Director
$0 $0 $0
NANCY SPECHT SECRETARY 2.00
Officer
$0 $0 $0
ELIZABETH SHOEMAKER TREASURER 4.00
Officer
$0 $0 $0
BRAD BROY PRESIDENT 8.00
Officer
$0 $0 $0
RALPH AMBROSIO VICE PRESIDENT 1.00
Officer
$0 $0 $0
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 $327,985 $357,299 $3,131,547 $-29,314
2023 $386,130 $324,136 $3,160,861 $61,994
2022 $365,380 $158,798 $3,098,877 $206,582
2021 $296,027 $108,562 $2,893,809 $187,465
2020 $71,764 $73,137 $2,796,829 $-1,373
2019 $137,366 $123,863 $2,799,129 $13,503
2018 $148,125 $138,848 $2,764,238 $9,277
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