WEST VIRGINIA SCHOOL OF OSTEOPATHIC MEDICINE ALUMNI ASSOCIATION INC

EIN: 452408894 501(c)(3) Health Care

Lewisburg, WV

Total Revenue
$425,639
Total Expenses
$166,700
Total Assets
$1,754,070
Net Assets
$1,754,070
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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
Shannon Warren
Phone
3046476382
Tax Period
2023-07-01 to 2024-06-30

WEST VIRGINIA SCHOOL OF OSTEOPATHIC MEDICINE ALUMNI ASSOCIATION INC, founded in 2011, is a small nonprofit in the Health Care sector that reported $426K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $259K, a strong 61% operating margin.

Mission

The purpose is to advance the interests of the West Virginia School of Osteopathic Medicine a WV institute of higher education by coordinating and conduction activities and fund raising efforts among WVSOM Alumni. WVSOM Alumni Association awards two scholarships per year to deserving medical students. Additionally grant opportunities are available to the WVSOM faculty, staff and students to submit a proposal for additional funding projects that are not within the WVSOM budget. Sponsored various continuing education seminars during the year.

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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 $83,674
Program Service Revenue $208,800
Investment Income $12,218
Other Revenue $120,947
TOTAL REVENUE $425,639

Expense Breakdown

Grants Paid $8,074
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $154,966
Other Expenses $158,626
TOTAL EXPENSES $166,700

Year-over-Year Comparison

2023 2022 Change
Revenue $425,639 $374,269 +0.1%
Expenses $166,700 $129,609 +0.3%
Net Income $258,939 $244,660 +0.1%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessica Smith Kelley DO Member 0
Director
$0 $0 $0
Michaella Gaite DO Resident Member 0
Director
$0 $0 $0
Robert Olexo DO Past President 0
Director
$0 $0 $0
Susan Painter DO Member 0
Director
$0 $0 $0
Andrew Naymick DO Member 0
Director
$0 $0 $0
Brant Hinchman DO Member 0
Director
$0 $0 $0
Mary Hendricks DO Member 0
Director
$0 $0 $0
Mark Yost DO Member 0
Director
$0 $0 $0
Linda Eakle DO Member 0
Director
$0 $0 $0
Faith Payne DO Secretary-Treasurer 0
Officer
$0 $0 $0
Ryan Newell DO Vice President 0
Officer
$0 $0 $0
Manuel Ballas DO President 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 $425,639 $166,700 $1,754,070 $258,939
2023 $374,269 $129,609 $1,495,131 $244,660
2022 $274,058 $198,401 $1,250,471 $75,657
2021 $371,134 $59,531 $1,174,814 $311,603
2020 $180,719 $88,152 $863,211 $92,567
2019 $230,787 $146,594 $770,654 $84,193
2018 $243,811 $142,453 $687,556 $101,358
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