FESTIV-ALL CHARLESTON WEST VIRGINIA INC

EIN: 270112863 501(c)(3) Recreation & Sports

CHARLESTON, WV

Total Revenue
$519,948
Total Expenses
$433,363
Total Assets
$508,438
Net Assets
$501,268
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
WV
Principal Officer
STAUNTON GORRELL
Phone
3044700489
Tax Period
2023-10-01 to 2024-09-30

FESTIV-ALL CHARLESTON WEST VIRGINIA INC, founded in 2004, is a small nonprofit in the Recreation & Sports sector that reported $520K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 17% operating margin.

Mission

TO OPERATE, PLAN, MAINTAIN, ORGANIZE AND RAISE FUNDS FOR FESTIVALS TO BE HELD FROM TIME TO TIME WITHIN THE CITY OF CHARLESTON, WV FEATURING VISUAL AND PERFORMING ARTISTS OF WEST VIRGINIA AND ELSEWHERE.

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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 $408,717
Program Service Revenue $100,944
Investment Income $10,287
Other Revenue $0
TOTAL REVENUE $519,948

Expense Breakdown

Grants Paid $0
Salaries & Benefits $141,599
Fundraising Expenses $8,651
Program Expenses $304,439
Other Expenses $291,764
TOTAL EXPENSES $433,363

Year-over-Year Comparison

2023 2022 Change
Revenue $519,948 $427,627 +0.2%
Expenses $433,363 $379,627 +0.1%
Net Income $86,585 $48,000 +0.8%
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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Governance

Voting Members
24
Independent Members
24
Employees
3
Volunteers
N/A

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
4
$0
Total Directors
25
$51,854
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LJ FAIRLESS PRESIDENT 1.00
Officer Director
$0 $0 $0
STAUNTON GORRELL TREASURER 1.00
Officer Director
$0 $0 $0
SARAH BAILEY SECRETARY 1.00
Officer Director
$0 $0 $0
JAMIE ALLEY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN AUGE BOARD MEMBER 1.00
Director
$0 $0 $0
ALLIE BODNAR BOARD MEMBER 1.00
Director
$0 $0 $0
CLIFTON CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
DR DAN FOSTER BOARD MEMBER 1.00
Director
$0 $0 $0
VICTOR GRIGORACI BOARD MEMBER 1.00
Director
$0 $0 $0
NINA DENTON PASINETTI BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER PHARR BOARD MEMBER 1.00
Director
$0 $0 $0
NICK QUINN BOARD MEMBER 1.00
Director
$0 $0 $0
SUSIE SALISBURY BOARD MEMBER 1.00
Director
$0 $0 $0
SUE SERGI BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY WALL BOARD MEMBER 1.00
Director
$0 $0 $0
MARY BETH HOOVER BOARD MEMBER 1.00
Director
$0 $0 $0
MACKENZIE SPENCER EXECUTIVE DIRECTOR 40.00
Director
$51,854 $0 $51,854
BEN ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
SALLY BARTON BOARD MEMBER 1.00
Director
$0 $0 $0
ROD BLACKSTONE BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE BLACKWELL BOARD MEMBER 1.00
Director
$0 $0 $0
MIRANDA DILLON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS GOSSES BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN INGHRAM BOARD MEMBER 1.00
Director
$0 $0 $0
JANE POWELL BOARD MEMBER 1.00
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 $519,948 $433,363 $508,438 $86,585
2023 $427,627 $379,627 $450,186 $48,000
2022 $418,107 $444,697 $423,337 $-26,590
2021 $479,818 $382,401 $422,854 $97,417
2020 $368,297 $281,358 $364,901 $86,939
2019 $490,476 $489,912 $265,956 $564
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