Clendenin, WV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)25045 A New Clendenin, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $198K in total revenue in fiscal year 2023. Revenue fell 71% from the prior year — a significant decline worth monitoring. Net assets of $1.8M represent 110 months of operating reserves.
To attract new investment & development to the area and to facilitate joint activities among the community through educational endeavors; to seek, receive and accept funds from public and private gifts, trusts, donations, grants,and other sources to promote these purposes
Operate, maintain, and lease buildings in the community to post office, library, and health clinic. Also operate, maintain, and lease a gymnasium to the general public for sporting and other...
Operate, maintain, and lease buildings in the community to post office, library, and health clinic. Also operate, maintain, and lease a gymnasium to the general public for sporting and other community events.
Renovate Clendenin Middle School to restore 10 apartments that became unfit for occupancy in the 2016 flood to provide housing for low to moderate income individuals and families; to convert 1st...
Renovate Clendenin Middle School to restore 10 apartments that became unfit for occupancy in the 2016 flood to provide housing for low to moderate income individuals and families; to convert 1st floor space from living space to office space since floodplain restrictions no longer allow housing on the 1st floor; to move utilities out of floodplain; to install new HVAC equpment with greater efficiency and resiliency.
Renovate Roxy Theater to eventually operate as a theater and multi-purpose center for the benefit of the community.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $198,153 | $692,429 | -0.7% |
| Expenses | $194,996 | $1,230,035 | -0.8% |
| Net Income | $3,157 | $-537,606 | -1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Tim Easterday | Safety Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Shawn Schoolcraft | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott Bird | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ken Tawney | Vice-Chairman | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dave Knight | Chairman | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| Cynthia Tawney | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dennis Thornburg | Treasurer | 12.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $198,153 | $194,996 | $2,733,373 | $3,157 |
| 2022 | $692,429 | $1,230,035 | $2,765,995 | $-537,606 |
| 2021 | $125,098 | $78,532 | $3,337,759 | $46,566 |
| 2020 | $54,489 | $47,100 | $3,363,720 | $7,389 |
Compare 25045 A New Clendenin with other nonprofits in West Virginia and across the country.