WEST VIRGINIA BANKERS ASSOCIATION INC (EIN 550306843) - Form 990 Financial Analysis & Trantor Score

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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

1983

Legal Domicile

Principal Officer

MARK MANGANO

Phone

3044145540

Tax Period

2024-08-01 to 2025-07-31

WEST VIRGINIA BANKERS ASSOCIATION INC, founded in 1983, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024.

Mission

PROMOTE LEGISLATIVE ACTION THAT IS IN THE BEST INTEREST OF THE BANKING INDUSTRY AND STATE, GARNER GRASS ROOTS PARTICIPATION FROM ITS MEMBER BANKS, AND FOSTER COOPERATION WITH OTHERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,320,525

Investment Income $100,483

Other Revenue $133,336

TOTAL REVENUE $1,554,344

Expense Breakdown

Grants Paid $0

Salaries & Benefits $586,110

Fundraising Expenses $0

Other Expenses $959,318

TOTAL EXPENSES $1,545,428

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,554,344	$1,574,078	0.0%
Expenses	$1,545,428	$1,453,381	+0.1%
Net Income	$8,916	$120,697	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$258,756

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRAVIS DELAPLAIN	IMMEDIATE PAST CHAIRMAN	0.50	Officer Director	$0	$0	$0
CHAD PRATHER	CHAIRMAN	0.50	Officer Director	$0	$0	$0
GREG SHUPE	CHAIRMAN ELECT	0.25	Officer Director	$0	$0	$0
NATHANIEL BONNELL	VICE CHAIR	0.25	Officer Director	$0	$0	$0
BRACE MULLETT	DIRECTOR	0.25	Director	$0	$0	$0
TIM BROYLES	DIRECTOR	0.25	Director	$0	$0	$0
CHAD MILDREN	DIRECTOR	0.25	Director	$0	$0	$0
WILL STAFFORD	DIRECTOR	0.25	Director	$0	$0	$0
ALLEN RETTON	DIRECTOR	0.25	Director	$0	$0	$0
KAHRYN BAILEY	DIRECTOR	0.25	Director	$0	$0	$0
CHARLIE MADDY	DIRECTOR	0.25	Director	$0	$0	$0
CINDY KITNER	DIRECTOR	0.25	Director	$0	$0	$0
JP REED	DIRECTOR	0.25	Director	$0	$0	$0
BART WILLIS	DIRECTOR	0.25	Director	$0	$0	$0
DOUG COMM	DIRECTOR	0.25	Director	$0	$0	$0
MARK BIAS	DIRECTOR	0.25	Director	$0	$0	$0
CHARLEY MCCOY	DIRECTOR	0.25	Director	$0	$0	$0
DOUGLAS WEESE	DIRECTOR	0.25	Director	$0	$0	$0
MICHAEL MCDONALD	DIRECTOR	0.25	Director	$0	$0	$0
JIM KING	DIRECTOR	0.25	Director	$0	$0	$0
MARK MANGANO	PRESIDENT/CEO	40.00	Officer	$223,815	$34,941	$258,756

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	$1,554,344	$1,545,428	$2,931,057	$8,916
2024	$1,574,078	$1,453,381	$3,026,045	$120,697
2023	$1,527,221	$1,525,060	$2,765,391	$2,161
2022	$1,453,369	$1,288,693	$2,647,988	$164,676
2021	$1,270,034	$1,207,159	$2,515,403	$62,875
2020	$958,175	$1,135,034	$2,012,544	$-176,859
2019	$1,348,920	$1,331,945	$2,235,011	$16,975
2018	$1,516,094	$1,402,617	$2,123,588	$113,477

WEST VIRGINIA BANKERS ASSOCIATION INC