WEST VIRGINIA WESLEYAN COLLEGE

EIN: 550357056 501(c)(3) Education

BUCKHANNON, WV

Total Revenue
$53,511,414
Total Expenses
$48,876,708
Total Assets
$145,999,691
Net Assets
$130,616,215
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1890
Legal Domicile
WV
Principal Officer
DENNIS MCMASTER
Phone
3044738030
Tax Period
2023-07-01 to 2024-06-30

WEST VIRGINIA WESLEYAN COLLEGE, founded in 1890, is a mid-sized nonprofit in the Education sector that reported $53.5M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $48.9M left a modest 9% surplus.

Mission

WEST VIRGINIA WESLEYAN COLLEGE CHALLENGES ITS STUDENTS TO A LIFE-LONG COMMITMENT TO DEVELOP THEIR INTELLECTUAL, ETHICAL, SPIRITUAL, AND LEADERSHIP POTENTIAL AND TO SET AND UPHOLD STANDARDS OF EXCELLENCE. FIRMLY ROOTED IN THE LIBERAL ARTS TRADITION AND CLOSELY RELATED TO THE UNITED METHODIST CHURCH, THE COLLEGE IS A COMMUNITY OF LEARNING BASED ON FUNDAMENTAL PRINCIPLES FORMED AT THE INTERSECTION OF CHRISTIAN FAITH AND LIBERAL EDUCATION: INTELLECTUAL RIGOR, SELF-DISCOVERY, HUMAN DIGNITY, MUTUAL SUPPORT, SOCIAL JUSTICE, SELF-DISCIPLINE, MENTAL AND PHYSICAL WELLNESS, THE APPRECIATION OF DIVERSITY AND THE NATURAL WORLD, AND THE JUDICIOUS USE OF RESOURCES. THE COLLEGE RECOGNIZES AND AFFIRMS ITS INTERDEPENDENCE WITH THE EXTERNAL COMMUNITIES-LOCAL, REGIONAL, NATIONAL, AND GLOBAL-AND ITS COVENANT WITH THE PEOPLE OF WEST VIRGINIA TO SHARE ITS EDUCATIONAL AND CULTURAL RESOURCES.

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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 $5,350,664
Program Service Revenue $40,413,254
Investment Income $7,147,156
Other Revenue $600,340
TOTAL REVENUE $53,511,414

Expense Breakdown

Grants Paid $19,338,056
Salaries & Benefits $15,594,026
Fundraising Expenses $1,104,240
Program Expenses $43,604,343
Other Expenses $13,944,626
TOTAL EXPENSES $48,876,708

Year-over-Year Comparison

2023 2022 Change
Revenue $53,511,414 $47,553,415 +0.1%
Expenses $48,876,708 $45,269,927 +0.1%
Net Income $4,634,706 $2,283,488 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
20
Employees
787
Volunteers
22

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
6
$901,536
Total Directors
23
$264,883
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN F ALLEVATO TRUSTEE, EXECUTIVE COMMITT 4.00
Director
$0 $0 $0
BRIAN BROUILLETTE TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL A BUSH TRUSTEE 2.00
Director
$0 $0 $0
ELLIS E CONLEY TRUSTEE, EXECUTIVE COMMITT 4.00
Director
$0 $0 $0
WILLIAM R FAHRNER TRUSTEE, EXECUTIVE COMMITT 4.00
Director
$0 $0 $0
JASON FIEGEL TRUSTEE 2.00
Director
$0 $0 $0
ARRIA M FOSTER-HINES TRUSTEE 2.00
Director
$0 $0 $0
ALAN LETTON TRUSTEE, EXECUTIVE COMMITT 4.00
Director
$0 $0 $0
MARTHA S OGNIBENE TRUSTEE 2.00
Director
$0 $0 $0
JUSTIN RABER TRUSTEE, EXECUTIVE COMMITT 4.00
Director
$0 $0 $0
ANGEL L RILEY TRUSTEE 2.00
Director
$0 $0 $0
VANCE P ROSS TRUSTEE 2.00
Director
$0 $0 $0
AMY SHANHOLTZER TRUSTEE 2.00
Director
$0 $0 $0
JOANNE C SOLIDAY TRUSTEE 2.00
Director
$0 $0 $0
KEVIN W SPEAR TRUSTEE, EXECUTIVE COMMITT 4.00
Director
$0 $0 $0
SANDRA L STEINER BALL TRUSTEE, EXECUTIVE COMMITT 4.00
Director
$0 $0 $0
CRAIG D WELSH TRUSTEE 2.00
Director
$0 $0 $0
CURTIS L WILKERSON TRUSTEE 2.00
Director
$0 $0 $0
JAMION WOLFORD TRUSTEE 2.00
Director
$0 $0 $0
DAVID A YOUNG TRUSTEE, EXECUTIVE COMMITT 4.00
Director
$0 $0 $0
BILL PASTORIUS TRUSTEE, FACULTY 37.50
Director
$0 $0 $0
JOANNA WEBB TRUSTEE, FACULTY 37.50
Director
$0 $0 $0
JAMES MOORE PRESIDENT 50.00
Officer Director
$232,701 $32,182 $264,883
LYNN LINDER VP ACADEMIC AFFAIRS & DEAN 50.00
Officer
$98,812 $29,759 $128,571
DENNIS MCMASTER VP FOR FINANCE & OPERATION 50.00
Officer
$157,853 $23,093 $180,946
JOHN WALTZ VP ENROLLMENT MGMT 50.00
Officer
$106,680 $29,368 $136,048
ALISON WHITEHAIR VP OF STUDENT AFFAIRS 50.00
Officer
$93,717 $19,341 $113,058
KRISTI WILKERSON VP FOR ADVANCEMENT (BEG 07/01/23) 50.00
Officer
$66,755 $11,275 $78,030
AMY COFFMAN FACULTY 37.50
Highest
$122,927 $6,839 $129,766
TINA STRAIGHT FACULTY 37.50
Highest
$101,731 $13,309 $115,040
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 $53,511,414 $48,876,708 $145,999,691 $4,634,706
2023 $47,553,415 $45,269,927 $136,855,747 $2,283,488
2022 $51,877,916 $45,837,280 $129,913,530 $6,040,636
2021 $52,229,293 $46,385,399 $143,930,604 $5,843,894
2020 $63,141,367 $48,627,445 $120,664,167 $14,513,922
2019 $55,996,390 $51,609,365 $105,292,705 $4,387,025
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