SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION (EIN 550532374) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

MARK MARESKE

Phone

3048967425

Tax Period

2024-01-01 to 2024-12-31

SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION, founded in 1971, is a small nonprofit in the Education sector that reported $940K in total revenue in fiscal year 2024. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $560K, a strong 60% operating margin.

Mission

THE SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION, INC. WILL SEEK TO SECURE EXTERNAL SOURCES OF FINANCIAL SUPPORT TO PROVIDE FUNDING FOR STUDENTS, FACULTY, STAFF, AND ACADEMIC PROGRAMS AT SOUTHERN WEST VIRGINIA COMMUNITY AND TECHNICAL COLLEGE THROUGH SPECIAL EVENT FUNDRAISING, DONOR RELATIONS, INVESTMENT MANAGEMENT, AND COMMUNITY PHILANTHROPY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $598,665

Program Service Revenue $0

Investment Income $380,560

Other Revenue $-38,865

TOTAL REVENUE $940,360

Expense Breakdown

Grants Paid $132,778

Salaries & Benefits $4,800

Fundraising Expenses $9,068

Program Expenses $200,256

Other Expenses $242,479

TOTAL EXPENSES $380,057

Year-over-Year Comparison

	2024	2023	Change
Revenue	$940,360	$400,706	+1.3%
Expenses	$380,057	$513,270	-0.3%
Net Income	$560,303	$-112,564	-6.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$4,800

Total Directors

$4,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH WORKMAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
DEE KAPOURALES	VICE-PRESIDENT	5.00	Officer Director	$0	$0	$0
EDDIE JOE CANTERBURY	SECRETARY	0.50	Officer Director	$0	$0	$0
MARK MARESKE	TREASURER	5.00	Officer Director	$4,800	$0	$4,800
EDDIE CANTERBURY	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
DREW LEWIS	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
DR PAMELA ALDERMAN	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
WALLY THORNHILL	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
DAVID EVANS	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
DR THOMAS NUCKOLS	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
DAVID MCCORMICK	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
JAMES SIZEMORE	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
RYAN THORN	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
CHRIS ZETO	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
MARK MCGREW	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
DR CHAD SALYERS	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
MICHAEL BAKER	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
LARA SEDLOCK-TACKETT	BOARD OF DIRECTORS	0.50	Director	$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
2024	$940,360	$380,057	$5,443,721	$560,303
2023	$400,706	$513,270	$4,666,635	$-112,564
2022	$805,472	$434,446	$4,991,334	$371,026
2021	$291,091	$273,785	$4,650,002	$17,306
2020	$242,161	$252,186	$4,072,417	$-10,025
2019	$602,968	$315,365	$4,372,035	$287,603
2018	$378,129	$368,318	$3,544,675	$9,811

SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION