Specialized Carriers & Rigging Foundation is a 501(c)(3) organization based in Centreville, Virginia, registered in 1983, with $297,032 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$297K
▲ 200.4% vs prior year
Expenses (FY2024)
$256K
Net assets
$2.5M
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 Specialized Carriers & Rigging Foundation— 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 Specialized Carriers & Rigging Foundation: 119 mo reserves · +14% 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 Specialized Carriers & Rigging Foundation— 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 Specialized Carriers & Rigging Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $185K (FY2015) to $297K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
13.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$328K
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $297,032▲200% | $256,067▲50.1% | $2,537,411▲11.4% | $2,865,111▲12.7% | 990PF |
| 2023 | $98,881▼37.3% | $170,562▲0.7% | $2,278,621▲11.0% | $2,542,322▲14.4% | 990PF |
| 2022 | $157,724▼58.5% | $169,439▲21.6% | $2,053,676▼15.4% | $2,222,594▼10.1% | 990PF |
| 2021 | $380,405▲96.2% | $139,335▼37.7% | $2,426,205▲9.8% | $2,473,452▲9.9% | 990PF |
| 2020 | $193,859▲26.4% | $223,514▲50.9% | $2,209,111▲5.1% | $2,251,544▲7.1% | 990PF |
| 2019 | $153,405▼47.1% | $148,146▼20.2% | $2,102,416▲13.6% | $2,102,416▲11.6% | 990PF |
| 2018 | $290,013▲29.6% | $185,544▼2.6% | $1,851,462▼8.0% | $1,883,329▼7.0% | 990PF |
| 2017 | $223,775▲23.0% | $190,487▲3.9% | $2,012,810▲7.8% | $2,025,810▲4.9% | 990PF |
| 2016 | $182,002▼1.4% | $183,284▲7.1% | $1,867,041▲2.7% | $1,930,627▲4.1% | 990PF |
| 2015 | $184,534 | $171,208 | $1,817,185 | $1,854,720 | 990PF |
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 Specialized Carriers & Rigging Foundation (EIN 52-1272278) 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.