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Virginia · Nonprofit

SHENANDOAH NATIONAL PARK ASSOC INC

SHENANDOAH NATIONAL PARK ASSOC INC (Virginia) receives grants from 5 organizations whose IRS filings report $253,468 to it, the largest being National Park Foundation ($131,300). 4 of them have funded it in more than one year.

$1.8M
Revenue FY2025
5
Funders on record
$253k
Grants received
$3.7M
Net assets
4/5 repeat funderspeak grant-dependency 6%

Against its field

SHENANDOAH NATIONAL PARK ASSOC INC runs a healthier operating margin than three-quarters of the 1,432 recreation & sports nonprofits its size.

Operating margin40% · top quartile
Months of reserve33.3mo · top quartile
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 1,432 recreation & sports nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($709k) Expenses 100 ($555k) Net assets 100 ($827k)2018 Revenue 98 ($698k) Expenses 112 ($623k) Net assets 109 ($902k)2019 Revenue 121 ($856k) Expenses 138 ($769k) Net assets 120 ($990k)2020 Revenue 80 ($570k) Expenses 105 ($582k) Net assets 118 ($978k)2021 Revenue 188 ($1.3M) Expenses 153 ($848k) Net assets 177 ($1.5M)2022 Revenue 184 ($1.3M) Expenses 177 ($985k) Net assets 216 ($1.8M)2023 Revenue 217 ($1.5M) Expenses 165 ($915k) Net assets 292 ($2.4M)2024 Revenue 230 ($1.6M) Expenses 198 ($1.1M) Net assets 357 ($2.9M)2025 Revenue 248 ($1.8M) Expenses 188 ($1.0M) Net assets 442 ($3.7M)
'17'18'19'20'21'22'23'24'25
Revenue (248)Expenses (188)Net assets (442)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 11% · 2021 5%. Grants only. Government contracts and fees sit inside program revenue.

13% of SHENANDOAH NATIONAL PARK ASSOC INC’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).

This organization
Typical peer · 2,882 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$154k
17
$75k
18
$87k
19
$12k
20
$489k
21
$321k
22
$625k
23
$536k
24
$711k
25
33
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income rose $14k → $91k.

From the IRS filings of SHENANDOAH NATIONAL PARK ASSOC INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SHENANDOAH NATIONAL PARK ASSOC INC leans on a few funders — its largest provides 52% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SHENANDOAH NATIONAL PARK ASSOC INC.

52%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 67%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

SHENANDOAH NATIONAL PARK ASSOC INC draws 74% of its grant income from funders outside Virginia, across 4 states in all.

PA
VA
DC
FL

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Virginia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 5 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like SHENANDOAH NATIONAL PARK ASSOC INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

11
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for SHENANDOAH NATIONAL PARK ASSOC INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SHENANDOAH NATIONAL PARK ASSOC INC?
SHENANDOAH NATIONAL PARK ASSOC INC (Virginia) receives grants from 5 organizations whose IRS filings report $253,468 to it, the largest being National Park Foundation ($131,300). 4 of them have funded it in more than one year.
How many funders does SHENANDOAH NATIONAL PARK ASSOC INC have?
IRS filings report 5 organizations giving $253,468 in grants to SHENANDOAH NATIONAL PARK ASSOC INC, 4 of which have funded it in more than one year.
Who is the largest funder of SHENANDOAH NATIONAL PARK ASSOC INC?
National Park Foundation is the largest funder on record, with $131,300 in grants. The full list of funders is on this page.
How can an organization like SHENANDOAH NATIONAL PARK ASSOC INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing