RIVERS HEALTH SCHOLARSHIP FOUNDATION

EIN: 550649849 501(c)(3) Health Care

POINT PLEASANT, WV

Total Revenue
$416,727
Total Expenses
$67,840
Total Assets
$2,024,381
Net Assets
$2,022,128
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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
1985
Legal Domicile
WV
Principal Officer
KRISTI ARROWOOD
Phone
3045262000
Tax Period
2023-10-01 to 2024-09-30

RIVERS HEALTH SCHOLARSHIP FOUNDATION, founded in 1985, is a small nonprofit in the Health Care sector that reported $417K in total revenue in fiscal year 2023. Revenue surged 646% from the prior year, signaling strong growth momentum. The organization ran a surplus of $349K, a strong 84% operating margin.

Mission

TO FURTHER THE DEVELOPMENT OF NEW AND EXISTING HEALTH CARE SERVICES IN MASON COUNTY AND SURROUNDING COUNTIES.

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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 $0
Program Service Revenue $0
Investment Income $416,727
Other Revenue $0
TOTAL REVENUE $416,727

Expense Breakdown

Grants Paid $39,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $57,361
Other Expenses $28,840
TOTAL EXPENSES $67,840

Year-over-Year Comparison

2023 2022 Change
Revenue $416,727 $55,897 +6.5%
Expenses $67,840 $35,969 +0.9%
Net Income $348,887 $19,928 +16.5%
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
13
Independent Members
13
Employees
N/A
Volunteers
20

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
8
$2,719,274
Total Directors
13
$415,739
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN STEPP BOARD MEMBER 2.00
Director
$0 $0 $0
ERIN KRAWSCZYN CHAIR/BOARD MEMBER 2.00
Officer Director
$0 $0 $0
CAROL CREMEANS SECRETARY & TREASURER/BOARD MEMBER 2.00
Officer Director
$0 $0 $0
RANDALL HAWKINS MD BOARD MEMBER, PRES OF MED STAFF 2.00
Officer Director
$0 $35,019 $415,739
MICHAEL LIEVING BOARD MEMBER 2.00
Director
$0 $0 $0
MARIO LIBERATORE BOARD MEMBER 2.00
Director
$0 $0 $0
JIM WILSON BOARD MEMBER 2.00
Director
$0 $0 $0
ANGIE ZIMMERMAN BOARD MEMBER 2.00
Director
$0 $0 $0
CHAD FOREMAN VICE CHAIR/BOARD MEMBER 2.00
Officer Director
$0 $0 $0
ANNETTE BOYLES BOARD MEMBER 2.00
Director
$0 $0 $0
BEVERLY DURST BOARD MEMBER 2.00
Director
$0 $0 $0
KIM NAPORA BOARD MEMBER 2.00
Director
$0 $0 $0
CLAIRE COTTRILL BOARD MEMBER 2.00
Director
$0 $0 $0
KEVIN YINGLING PRESIDENT & CEO 0.00
Officer
$0 $28,699 $893,944
DAVID M WARD SENIOR VP & CFO 0.00
Officer
$0 $24,473 $952,652
BRADLEY BURCK VP CORP FND & DNR PHIL 0.00
Officer
$0 $38,462 $301,539
RUSSELL HENCHEY VP PVH DBA RH FINANCE 0.00
Officer
$0 $37,347 $155,400
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
2024 $416,727 $67,840 $2,024,381 $348,887
2023 $55,897 $35,969 $1,809,057 $19,928
2022 $162,365 $16,752 $1,669,858 $145,613
2021 $86,877 $49,036 $1,701,750 $37,841
2020 $31,415 $31,713 $1,592,474 $-298
2019 $37,172 $32,779 $1,527,941 $4,393
2018 $39,504 $44,020 $1,525,117 $-4,516
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