Cumberland-allegany County Industrial Foundation Incorporated is a 501(c)(6) organization based in Cumberland, Maryland, registered in 1965, with $72,706 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$73K
▼ 13.6% vs prior year
Expenses (FY2024)
$60K
Net assets
$129K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cumberland-allegany County Industrial Foundation Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cumberland-allegany County Industrial Foundation Incorporated: 26 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cumberland-allegany County Industrial Foundation Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cumberland-allegany County Industrial Foundation Incorporated: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $89K (FY2012) to $73K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
17.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$129K
Net assets
$129K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $72,706▼13.6% | $60,133▼39.8% | $129,169▲10.8% | $129,169▲10.8% | 990EZ |
| 2023 | $84,160▲4.6% | $99,970▲46.8% | $116,596▼11.9% | $116,596▼11.9% | 990EZ |
| 2022 | $80,471▲46.6% | $68,114▲21.7% | $132,406▲10.3% | $132,406▲10.3% | 990EZ |
| 2021 | $54,873▲381% | $55,962▲149% | $120,049▼0.9% | $120,049▼0.9% | 990EZ |
| 2020 | $11,401▼81.7% | $22,505▼65.6% | $121,138▼8.4% | $121,138▼8.4% | 990EZ |
| 2019 | $62,274▼11.6% | $65,357▲6.9% | $132,242▼2.3% | $132,242▼2.3% | 990EZ |
| 2018 | $70,429▼3.7% | $61,159▼1.8% | $135,325▲7.4% | $135,325▲7.4% | 990EZ |
| 2017 | $73,115▲5.8% | $62,258▼19.2% | $126,055▲9.4% | $126,055▲9.4% | 990EZ |
| 2016 | $69,129▼8.0% | $77,038▲10.4% | $115,198▼6.4% | $115,198▼6.4% | 990EZ |
| 2015 | $75,109▼12.2% | $69,761▼10.7% | $123,107▲4.5% | $123,107▲4.5% | 990EZ |
| 2014 | $85,504▲9.9% | $78,130▲0.4% | $117,759▲6.7% | $117,759▲6.7% | 990EZ |
| 2013 | $77,771▼12.7% | $77,836▲6.7% | $110,385▼0.1% | $110,385▼0.1% | 990EZ |
| 2012 | $89,063 | $72,926 | $110,450 | $110,450 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Cumberland-allegany County Industrial Foundation Incorporated (EIN 52-0816138) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.