THE SHENANDOAH VALLEY STEAM AND GAS ENGINE ASSOCIATION

EIN: 541534037 501(c)(3)

BERRYVILLE, VA

Total Revenue
$71,967
Total Expenses
$60,236
Total Assets
$291,023
Net Assets
$291,023
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
VA
Principal Officer
AARON J HOWELL
Phone
5406626923
Tax Period
2024-01-01 to 2024-12-31

THE SHENANDOAH VALLEY STEAM AND GAS ENGINE ASSOCIATION, founded in 1959, is a micro nonprofit that reported $59K in total revenue in fiscal year 2018. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 23% operating margin.

Mission

THE MISSION AT THE SHENANDOAH VALLEY STEAM AND GAS ENGINE ASSOCIATION, INC. IS TO PROMOTE THE PRESERVATION AND RESTORATION OF ANTIQUE AND VINTAGE STEAM AND GAS ENGINES RELATIVE TO VINTAGE FARM TRACTORS AND FARM EQUIPMENT.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $45,078
Investment Income $6,603
Other Revenue $20,286
TOTAL REVENUE $71,967

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,339
Other Expenses $60,236
TOTAL EXPENSES $60,236

Year-over-Year Comparison

2024 2023 Change
Revenue $71,967 $81,008 -0.1%
Expenses $60,236 $49,877 +0.2%
Net Income $11,731 $31,131 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY BLUE DIRECTOR N/A
Director
$0 $0 $0
ERIC CUSTER DIRECTOR N/A
Director
$0 $0 $0
DAVE FREDERICK DIRECTOR N/A
Director
$0 $0 $0
STEVE GILES DIRECTOR N/A
Director
$0 $0 $0
CHARLES W GRAY DIRECTOR N/A
Director
$0 $0 $0
WILL HAMILTON DIRECTOR N/A
Director
$0 $0 $0
CHARLES B GRAY JR DIRECTOR N/A
Director
$0 $0 $0
LARRY LLOYD DIRECTOR N/A
Director
$0 $0 $0
DAVE RUSHTON DIRECTOR N/A
Director
$0 $0 $0
KAREN ANGUS SHOWING SECR N/A
Officer
$0 $0 $0
ROBERT BROWN VICE PRESIDE N/A
Officer
$0 $0 $0
LINDA CUSTER RECORDING SE N/A
Officer
$0 $0 $0
AARON J HOWELL TREASURER N/A
Officer
$0 $0 $0
RICK CUSTER JR PRESIDENT N/A
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
2024 $71,967 $60,236 $291,023 $11,731
2023 $81,008 $49,877 $279,292 $31,131
2022 $99,745 $77,764 $248,161 $21,981
2021 $67,517 $45,171 $226,180 $22,346
2020 $3,047 $14,825 $203,834 $-11,778
2019 $61,297 $45,103 $215,612 $16,194
2018 $58,651 $45,212 $199,418 $13,439
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