HIC - HARBOR INC

EIN: 260879303

HUNTINGTON, WV

Total Revenue
$50,000
Total Expenses
N/A
Total Assets
$505,398
Net Assets
$122,088
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
WV
Principal Officer
DAVID H LIEVING
Phone
3045251161
Tax Period
2023-01-01 to 2023-12-31

HIC - HARBOR INC, founded in 2007, is a micro nonprofit that reported $50K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

ECONOMIC DEVELOPMENT IN THE METRO REGION OF HUNTINGTON, WEST VIRGINIA

Program Service Accomplishments

Program 1

TO PROMOTE AND ASSIST IN THE ECONOMIC DEVELOPMENT IN THE CITY OF HUNTINGTON AND CABELL AND WAYNE COUNTIES OF WEST VIRGINIA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $50,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $50,000 $77,188 -0.4%
Expenses N/A N/A N/A
Net Income N/A $77,188 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
36
Independent Members
36
Employees
N/A
Volunteers
36

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$120,000
Total Directors
36
$120,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID LIEVING PRESIDENT 2.00
Officer Director
$0 $0 $120,000
D SPENCER MURPHY BOARD CHAIRMAN 2.00
Officer Director
$0 $0 $0
JOHN STUMP VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
SCOTT A RIEDEL SECRETARY 2.00
Officer Director
$0 $0 $0
MARK MORGAN TREASURER 2.00
Officer Director
$0 $0 $0
HEATHER VANATER BOARD MEMBER 2.00
Director
$0 $0 $0
STEVEN G STEWART BOARD MEMBER 2.00
Director
$0 $0 $0
LIZA CALDWELL BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN SAXE BOARD MEMBER 2.00
Director
$0 $0 $0
BILL JONES BOARD MEMBER 2.00
Director
$0 $0 $0
BEN NEWHOUSE BOARD MEMBER 2.00
Director
$0 $0 $0
STEVE WILLIAMS BOARD MEMBER 2.00
Director
$0 $0 $0
JIM FITZWATER BOARD MEMBER 2.00
Director
$0 $0 $0
L ALLEN BURNER BOARD MEMBER 2.00
Director
$0 $0 $0
DANIEL A EARL BOARD MEMBER 2.00
Director
$0 $0 $0
MATTHEW M WAGNER BOARD MEMBER 2.00
Director
$0 $0 $0
CATHY BURNS BOARD MEMBER 2.00
Director
$0 $0 $0
TRICIA BALL BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHEN J GOLDER BOARD MEMBER 2.00
Director
$0 $0 $0
BRAD D SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
DR JOHN M MAHER BOARD MEMBER 2.00
Director
$0 $0 $0
TONEY STROUD BOARD MEMBER 2.00
Director
$0 $0 $0
DR KEVIN YINGLING BOARD MEMBER 2.00
Director
$0 $0 $0
JOSH BAKER BOARD MEMBER 2.00
Director
$0 $0 $0
CR NEIGHBORGALL IV BOARD MEMBER 2.00
Director
$0 $0 $0
KEITH BURDETTE BOARD MEMBER 2.00
Director
$0 $0 $0
ANDY BOWEN BOARD MEMBER 2.00
Director
$0 $0 $0
CHUCK OLDAKER JR BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN SPOOR BOARD MEMBER 2.00
Director
$0 $0 $0
GEOFFREY SHIELS BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREW DAWSON BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS TATUM BOARD MEMBER 2.00
Director
$0 $0 $0
JEFF MADDOX BOARD MEMBER 2.00
Director
$0 $0 $0
LARRY S CASTLE BOARD MEMBER 2.00
Director
$0 $0 $0
TOBY TAYLOR BOARD MEMBER 2.00
Director
$0 $0 $0
NICHOLAS MAYO BOARD MEMBER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $50,000 No data $505,398 No data
2022 $77,188 $9,641 $72,088 $67,547
2021 $31,856 $2,875 $354,479 $28,981
2020 $10,524 $12,218 $423,703 $-1,694
2019 $18,828 $16,035 $534,241 $2,793
2018 $26,084 $85,142 $910,987 $-59,058
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