RURITAN NATIONAL CORP

EIN: 566064073

UNION GROVE, NC

Total Revenue
$20,075
Total Expenses
$23,587
Total Assets
$8,974
Net Assets
$8,974
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NC
Principal Officer
AVERY WILLIAMS
Tax Period
2021-01-01 to 2021-12-31

RURITAN NATIONAL CORP, founded in 2007, is a micro nonprofit that reported $20K in total revenue in fiscal year 2021. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $24K exceeded revenue, resulting in a 17% operating deficit.

Mission

IMPROVING BETTER FELLOWSHIP, GOODWILL AND DEVELOPING COMMUNITY SERVICE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $20,071
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $20,075

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $23,587
TOTAL EXPENSES $23,587

Year-over-Year Comparison

2021 2020 Change
Revenue $20,075 $14,901 +0.3%
Expenses $23,587 $13,921 +0.7%
Net Income $-3,512 $980 -4.6%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GENE SHAVER SECRETARY 0.00
Officer
$0 $0 $0
KIMBERLY MAYBERRY TREASURER 0.00
Officer
$0 $0 $0
AVERY WILLIAMS PRESIDENT 0.00
Officer
$0 $0 $0
ALEX GRANT VICE PRESIDENT 0.00
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
2021 $20,075 $23,587 $8,974 $-3,512
2020 $14,901 $13,921 $12,486 $980
2019 $105,281 $101,092 $12,042 $4,189
2018 $59,787 $62,063 $7,469 $-2,276
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