Ruritan National Foundation Incorporated
Ruritan National Foundation maintains strong assets and zero liabilities, with no executive compensation reported.
EIN: 208830904 · Dublin, VA · NTEE: T12 · Updated: 2026-03-28
Is Ruritan National Foundation Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ruritan National Foundation Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ruritan National Foundation Incorporated
Ruritan National Foundation Incorporated (EIN: 208830904) is a nonprofit organization based in Dublin, VA, classified under NTEE code T12. The organization reported total revenue of $3.5M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ruritan National Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ruritan National Foundation Incorporated is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $506K |
| Total Expenses | $589K |
| Surplus / Deficit | $-83,522 |
| Total Assets | $5.3M |
| Net Assets | $5.3M |
| Operating Margin | -16.5% |
| Months of Reserves | 108.8 months |
Financial Health Grade: B
In 2023, Ruritan National Foundation Incorporated reported a deficit of $84K with expenses exceeding revenue, holds 108.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ruritan National Foundation Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.9% | +12.2% | +7.2% |
| 2022 | +28.5% | +33.5% | -19.8% |
| 2021 | +17.0% | -6.7% | +16.3% |
| 2020 | +14.9% | -3.4% | +2.8% |
| 2019 | -33.9% | +3.2% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ruritan National Foundation Incorporated with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Ruritan National Foundation Incorporated allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $84K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly unusual for an organization with assets exceeding $5 million and annual revenues often above $500,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ruritan National Foundation Incorporated's IRS 990 filings:
- Expenses exceeded revenue in the most recent 2023 filing, resulting in a deficit for that period.
Strengths
The following positive indicators were identified for Ruritan National Foundation Incorporated:
- Consistent asset growth over the past decade, from $3,910,394 in 2014 to $5,343,412 in 2023.
- Zero reported liabilities across all 13 filings, indicating strong financial management and no debt.
- 0% officer compensation reported in all filings, suggesting a high proportion of resources are directed to programs.
- Consistent filing of IRS Form 990s demonstrates transparency and compliance.
- Significant asset base ($6,734,455 latest reported) provides financial stability.
Frequently Asked Questions about Ruritan National Foundation Incorporated
Is Ruritan National Foundation Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Ruritan National Foundation Incorporated (EIN: 208830904) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Ruritan National Foundation Incorporated spend its money?
Ruritan National Foundation Incorporated directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ruritan National Foundation Incorporated tax-deductible?
Ruritan National Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 208830904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ruritan National Foundation Incorporated a good charity?
Based on the available IRS 990 data, Ruritan National Foundation Incorporated appears to be a good charity. It demonstrates strong financial health with growing assets, zero liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings.
How has the organization's financial health changed over the last decade?
The organization's financial health has generally improved over the last decade, with assets growing from $3,910,394 in 2014 to $5,343,412 in 2023. Liabilities have consistently remained at $0, indicating excellent financial stability.
What is the trend in revenue and expenses?
Revenue has fluctuated, with a high of $776,048 in 2022 and a low of $308,441 in 2016. Expenses have generally been lower than revenue in most years, contributing to asset growth, though 2023 saw expenses ($589,082) exceed revenue ($505,560).
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates without debt.
Filing History
IRS 990 filing history for Ruritan National Foundation Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ruritan National Foundation Incorporated's revenue has declined by 23.3%, moving from $659K to $506K. Total assets increased by 57.4% over the same period, from $3.4M to $5.3M. Total functional expenses rose by 30.9%, from $450K to $589K. In its most recent filing year (2023), Ruritan National Foundation Incorporated reported a deficit of $84K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $506K | $589K | $5.3M | $0 | — | View 990 |
| 2022 | $776K | $525K | $5.0M | $0 | — | View 990 |
| 2021 | $604K | $393K | $6.2M | $0 | — | View 990 |
| 2020 | $516K | $422K | $5.3M | $0 | — | View 990 |
| 2019 | $449K | $436K | $5.2M | $0 | — | View 990 |
| 2018 | $680K | $423K | $5.0M | $0 | — | View 990 |
| 2017 | $589K | $407K | $4.7M | $0 | — | View 990 |
| 2016 | $308K | $387K | $4.0M | $0 | — | View 990 |
| 2015 | $563K | $408K | $4.1M | $0 | — | View 990 |
| 2014 | $532K | $339K | $3.9M | $0 | — | View 990 |
| 2013 | $549K | $315K | $3.7M | $0 | — | View 990 |
| 2012 | $399K | $311K | $3.5M | $0 | — | View 990 |
| 2011 | $659K | $450K | $3.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $506K, expenses of $589K, and assets of $5.3M (revenue -34.9% year-over-year).
- 2022: Revenue of $776K, expenses of $525K, and assets of $5.0M (revenue +28.5% year-over-year).
- 2021: Revenue of $604K, expenses of $393K, and assets of $6.2M (revenue +17.0% year-over-year).
- 2020: Revenue of $516K, expenses of $422K, and assets of $5.3M (revenue +14.9% year-over-year).
- 2019: Revenue of $449K, expenses of $436K, and assets of $5.2M (revenue -33.9% year-over-year).
- 2018: Revenue of $680K, expenses of $423K, and assets of $5.0M (revenue +15.6% year-over-year).
- 2017: Revenue of $589K, expenses of $407K, and assets of $4.7M (revenue +90.8% year-over-year).
- 2016: Revenue of $308K, expenses of $387K, and assets of $4.0M (revenue -45.2% year-over-year).
- 2015: Revenue of $563K, expenses of $408K, and assets of $4.1M (revenue +5.7% year-over-year).
- 2014: Revenue of $532K, expenses of $339K, and assets of $3.9M (revenue -3.1% year-over-year).
- 2013: Revenue of $549K, expenses of $315K, and assets of $3.7M (revenue +37.6% year-over-year).
- 2012: Revenue of $399K, expenses of $311K, and assets of $3.5M (revenue -39.5% year-over-year).
- 2011: Revenue of $659K, expenses of $450K, and assets of $3.4M.
Data Sources and Methodology
This transparency report for Ruritan National Foundation Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.