Pen-mar Regional Assn of Realtors is a 501(c)(6) organization based in Hagerstown, Maryland, registered in 1944, with $422,255 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$422K
▼ 19.1% vs prior year
Expenses (FY2023)
$334K
Net assets
$1.9M
Employees
—
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 Pen-mar Regional Assn of Realtors— 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 Pen-mar Regional Assn of Realtors: 68 mo reserves · +21% margin earns a B+ 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 Pen-mar Regional Assn of Realtors— 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 Pen-mar Regional Assn of Realtors: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $311K (FY2013) to $422K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
20.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$169K
Net assets
$1.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $422,255▼19.1% | $334,320▼3.4% | $1,886,750▲4.9% | $2,055,279▼1.2% | 990 |
| 2022 | $521,729▲20.2% | $346,000▼16.5% | $1,798,815▲10.8% | $2,080,426▲10.8% | 990 |
| 2021 | $433,976▲19.9% | $414,426▲67.7% | $1,623,086▲1.2% | $1,877,795▲4.3% | 990 |
| 2020 | $361,921▼6.0% | $247,063▼10.1% | $1,603,536▲0.8% | $1,800,441▲6.3% | 990 |
| 2019 | $384,835▲10.6% | $274,910▲8.6% | $1,591,303▲7.4% | $1,693,050▲2.6% | 990 |
| 2018 | $348,010▼37.8% | $253,066▼0.9% | $1,481,378▲6.8% | $1,649,378▲7.0% | 990 |
| 2017 | $559,345▼4.9% | $255,470▲12.5% | $1,386,434▲28.1% | $1,541,356▲20.9% | 990 |
| 2016 | $588,340▲92.3% | $226,986▲1.1% | $1,082,559▲50.1% | $1,274,918▲41.7% | 990 |
| 2015 | $305,961▼1.6% | $224,507▼13.4% | $721,205▲17.3% | $899,772▲23.9% | 990 |
| 2013 | $310,927 | $259,102 | $614,803 | $726,282 | 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 Pen-mar Regional Assn of Realtors (EIN 52-6064859) 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.