Dulles Area Association of Realtors
Nonprofit profile at a glance
- EIN
- 540857587
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Leesburg, VA, USA
- Phone
- 7037772468
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $609,139
- Expenses
- $701,452
- Assets
- $874,644
- Liabilities
- $460,305
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- ALLAN MARTENEY (CEO (JUL-NOV)
- ANN RUSHLO (CEO)
- PETER LEONARD-MORGAN (PRESIDENT)
- SUZANNE FOX (PRESIDENT-EL)
Highest reported compensation
- ALLAN MARTENEY (CEO (JUL-NOV): $130,469 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To serve those in the real estate profession, in loudoun county, va and the surrounding area, by providing a unified medium for real estate professionals and owners to safeguard and advance their mutual interests, and to promote the standards of the national association of realtors.
What it reported doing in 2024
Growth issues/government affairs: the association incurs expenses related to maintaining a current understanding of development issues in economic growth and government affairs.
Operating model
- Revenue model
- Other-operating. 83% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.4%; rating input score 68
- Program expense ratio: 57.3%; rating input score 57
- Fundraising efficiency: $0.2 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -15.2%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 1.25; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.53; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 18.6%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 19.4% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 0.3% per year; rating input score 100; 16th percentile among comparable filings
- Asset growth: 8.3% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 68.4% of revenue deployed · 57.3% of spending went to programs
- Governance: 17 of 17 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $130K · 18 people listed
- Highest-paid contractors: 1 contractor listed · $322K reported
- Consistency: 27 of 27 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- High — Financial Efficiency: Fundraising efficiency scored 2/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 12/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 17/100.