Ruritan National Corporation Spout Spring Ruritan Club

Nonprofit profile at a glance

EIN
237423008
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Spout Spring, VA, USA
Phone
4349933889
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$477,283
Expenses
$459,034
Assets
$2,152,559
Liabilities
$835

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MIKE JOHNSON (VICE PRESIDENT)
  • ALVIN EVANS SR (PRESIDENT)

Highest reported compensation

  • LELIA JOHNSON (SECRETARY): $1,195 total reported compensation
  • JOYCE HARRIS (CLUB TREASURER): $1,195 total reported compensation
  • JAMIE HUDNALL (BINGO TREASURER): $1,195 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A nonprofit club of the national ruritan that raises money which is then returned to various charitable and community services, local valunteer fire and rescue plus scholarship funds

What it reported doing in 2024

Contributions to local volunteer fire and rescue departments: 1. Appo rescue $1,0002 appo vfd $12,5003. Concord rescue $1,0004. Concord vrs $5,0005. Gladstone fire/ems $3,0006. Pamplin volunteer fire department $5,000.007 red house volunteer fire department $5,000.008. Toga vfd $3,000

Operating model

Revenue model
Other-operating. 90% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 35
  • Transparency & Controls: 93
  • Accountability: 70
  • Sustainability: 57
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.6%; rating input score 41
  • Program expense ratio: 36%; rating input score 36
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 20th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.8%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 4.69; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 37; 37th percentile among comparable filings

Growth

  • Program expense growth: -1.8% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -6.1% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 0.5% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 40.6% of revenue deployed · 36% of spending went to programs
  • Governance: 9 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $165K in reported program spending
  • Leadership: top reported pay $1K · 12 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 36/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • Moderate — Sustainability: Officer compensation ratio scored 37/100.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.