WEST VIRGINIA MUNICIPAL LEAGUE INC

EIN: 550521015

CHARLESTON, WV

Total Revenue
$934,856
Total Expenses
$992,743
Total Assets
$527,316
Net Assets
$527,316
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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
1969
Legal Domicile
WV
Principal Officer
Susan Economou
Phone
3043425564
Tax Period
2024-07-01 to 2025-06-30

WEST VIRGINIA MUNICIPAL LEAGUE INC, founded in 1969, is a small nonprofit that reported $935K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

TO PROMOTE WV MUNICIPALITIES, DISSEMINATION OF INFORMATION, ASSISTANCE TO CITIES, CONFERENCES AND EDUCATION FOR THE GENERAL BETTERMENT AND EFFICIENT ADMINISTRATION AND CONDUCT OF MUNICIPAL GOVERNMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $223,880
Program Service Revenue $710,976
Investment Income $0
Other Revenue $0
TOTAL REVENUE $934,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $447,968
Fundraising Expenses $0
Program Expenses $0
Other Expenses $544,775
TOTAL EXPENSES $992,743

Year-over-Year Comparison

2024 2023 Change
Revenue $934,856 $1,200,230 -0.2%
Expenses $992,743 $1,135,268 -0.1%
Net Income $-57,887 $64,962 -1.9%
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

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Governance

Voting Members
45
Independent Members
N/A
Employees
4
Volunteers
6

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
0
$0
Total Directors
0
$0
Key Employees
1
$80,400
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN ECOONOMOU EXECUTIVE DIRECTOR 60
Key Emp
$80,400 $0 $80,400
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 $934,856 $992,743 $527,316 $-57,887
2024 $1,200,230 $1,135,268 $585,203 $64,962
2023 $1,034,932 $524,157 $520,411 $510,775
2022 $1,042,215 $1,040,713 $10,577 $1,502
2021 $761,069 $753,503 $9,080 $7,566
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