MORGANTOWN LEARNING ACADEMY INC

EIN: 550464601 501(c)(3) Education

MORGANTOWN, WV

Total Revenue
$1,018,260
Total Expenses
$1,011,148
Total Assets
$1,152,773
Net Assets
$552,678
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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
1967
Legal Domicile
WV
Principal Officer
EVELYN WARD
Phone
3042969554
Tax Period
2023-08-01 to 2024-07-31

MORGANTOWN LEARNING ACADEMY INC, founded in 1967, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023.

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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 $72,444
Program Service Revenue $933,323
Investment Income $5,643
Other Revenue $6,850
TOTAL REVENUE $1,018,260

Expense Breakdown

Grants Paid $0
Salaries & Benefits $738,154
Fundraising Expenses $0
Program Expenses $730,200
Other Expenses $272,994
TOTAL EXPENSES $1,011,148

Year-over-Year Comparison

2023 2022 Change
Revenue $1,018,260 $973,572 +0.0%
Expenses $1,011,148 $964,151 +0.0%
Net Income $7,112 $9,421 -0.2%
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

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Governance

Voting Members
1
Independent Members
1
Employees
38
Volunteers
103

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
1
$103,880
Total Directors
1
$103,880
Key Employees
1
$103,880
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVELYN WARD DIRECTOR 55.00
Officer Director Key Emp
$103,880 $0 $103,880
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 $1,018,260 $1,011,148 $1,152,773 $7,112
2023 $973,572 $964,151 $1,196,352 $9,421
2022 $923,721 $776,896 $1,214,887 $146,825
2021 $741,000 $668,687 $1,103,045 $72,313
2020 $748,159 $700,995 $1,053,852 $47,164
2019 $782,291 $665,772 $812,400 $116,519
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