BLUE RIDGE COMMUNITY & TECHNICAL COLLEGE FOUNDATION INC

EIN: 274751626 501(c)(3) Education

Martinsburg, WV

Total Revenue
$237,859
Total Expenses
$278,072
Total Assets
$1,808,233
Net Assets
$1,808,233
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
WV
Principal Officer
Kenneth Barton
Phone
3042604380
Tax Period
2023-07-01 to 2024-06-30

BLUE RIDGE COMMUNITY & TECHNICAL COLLEGE FOUNDATION INC, founded in 2011, is a small nonprofit in the Education sector that reported $238K in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $278K exceeded revenue, resulting in a 17% operating deficit.

Mission

The Blue Ridge CTC Foundation represents an ongoing partnership between the college and the community. Every dollar raised helps students attending Blue Ridge CTC, provides funds for improving existing facilities, and enhances and expands the curriculum. A top priority is to provide scholarships for both academically outstanding and financially needy students. The Foundation provides an opportunity for students in the community who may need assistancee.

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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 $84,125
Program Service Revenue $0
Investment Income $153,154
Other Revenue $580
TOTAL REVENUE $237,859

Expense Breakdown

Grants Paid $268,692
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $268,692
Other Expenses $9,380
TOTAL EXPENSES $278,072

Year-over-Year Comparison

2023 2022 Change
Revenue $237,859 $805,414 -0.7%
Expenses $278,072 $233,889 +0.2%
Net Income $-40,213 $571,525 -1.1%
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
15
Independent Members
15
Employees
N/A
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
15
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Peter Checkovich BRCTC President 0
Officer
$0 $0 $0
Anne Myers Executive Director 20
Officer
$0 $0 $0
Kenneth J Barton Chairman 2
Officer
$0 $0 $0
Stephanie Harvey Vice Chairman 1
Officer
$0 $0 $0
Matthew Close Treasurer 2
Officer
$0 $0 $0
Teresa McCabe Director 0
Officer
$0 $0 $0
Dr Trudie Holder Director 0
Officer
$0 $0 $0
Paul Guttmann Director 2
Officer
$0 $0 $0
Sandy Sponaugle Director 0
Officer
$0 $0 $0
Elaine Guttmann Director 0
Officer
$0 $0 $0
Denise Phelps Director 0
Officer
$0 $0 $0
Raymond Benzinger Director 0
Officer
$0 $0 $0
Susan Benzinger 0
Officer
$0 $0 $0
Sandy Hamilton Director 0
Officer
$0 $0 $0
Susan McFadden Director 0
Officer
$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
2025 No data No data No data No data
2024 $237,859 $278,072 $1,808,233 $-40,213
2023 $805,414 $233,889 $1,859,569 $571,525
2022 $187,570 $174,717 $1,277,546 $12,853
2021 $461,620 $137,553 $1,264,693 $324,067
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