Mid-atlantic Soaring Association Incorporated is a 501(c)(3) organization based in Frederick, Maryland, registered in 2009, with $199,822 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$200K
▲ 47.1% vs prior year
Recreation median: $129K
Expenses (FY2025)
$136K
Net assets
$541K
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 Mid-atlantic Soaring Association 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 Mid-atlantic Soaring Association Incorporated: 48 mo reserves · +32% 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 Mid-atlantic Soaring Association 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 Mid-atlantic Soaring Association Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $149K (FY2013) to $200K (FY2025) across 12 reported years.
Financial snapshot
Operating margin
31.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$651K
Total liabilities
$110K
Net assets
$541K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $199,822▲47.1% | $136,306▼2.7% | $540,808▲13.3% | $650,718▲10.0% | 990 |
| 2024 | $135,798▲9.4% | $140,023▼4.2% | $477,292▼0.9% | $591,490▼4.1% | 990 |
| 2023 | $124,126▼6.0% | $146,232▲7.5% | $481,517▼4.4% | $616,795▼5.6% | 990 |
| 2022 | $131,983▲6.0% | $136,015▲9.1% | $503,623▼0.8% | $653,228▼0.8% | 990 |
| 2021 | $124,566▼23.8% | $124,674▼2.4% | $507,655 | $658,811▼5.1% | 990 |
| 2020 | $163,448▲20.4% | $127,738▼4.7% | $507,763▲7.6% | $694,268▲2.9% | 990 |
| 2019 | $135,766▲35.0% | $133,994▲8.8% | $472,053▲0.4% | $674,600▼1.4% | 990 |
| 2018 | $100,578▼42.7% | $123,145▲40.7% | $470,281▼4.6% | $684,033▼8.4% | 990 |
| 2017 | $175,589▲57.8% | $87,549▲33.7% | $492,848▲21.7% | $746,740▲34.8% | 990 |
| 2016 | $111,242▼11.2% | $65,472▼44.0% | $404,808▲12.7% | $553,995▲24.4% | 990 |
| 2015 | $125,315▼16.2% | $116,903▼4.9% | $359,038▲3.8% | $445,231▲2.0% | 990EZ |
| 2013 | $149,458 | $122,941▼20.0% | $345,784▲16.6% | $436,594▲18.9% | 990EZ |
| 2010 | — | $153,678 | $296,678 | $367,321 | 990 |
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.
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Data for Mid-atlantic Soaring Association Incorporated (EIN 73-6591834) 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.