NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC (EIN 550677640) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

MICHAEL GREEN

Phone

3049291042

Tax Period

2024-07-01 to 2025-06-30

NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC, founded in 1987, is a small nonprofit that reported $311K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $99K, a strong 32% operating margin.

Mission

THE FOUNDAITON'S PURPOSE IS TO AID, STRENGTHEN, AND FURTHER IN EVERY PROPER WAY THE WORK AND SERVICES OF NEW RIVER COMMUNITY AND TECHNICAL COLLEGE, AN AGENCY OF THE STATE OF WEST VIGINIA. THE ORGANZATION IS OPERATED TO RECEIVE, HOLD, INVEST, AND ADMINSTER PROPERTY AND TO MAKE EXPENDITURES FOR THE BENEFIT OF NEW RIVER COMMUNITY & TECHNICAL COLLEGE AND ITS STUDENTS AND STAFF.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $129,229

Program Service Revenue $0

Investment Income $134,436

Other Revenue $47,467

TOTAL REVENUE $311,132

Expense Breakdown

Grants Paid $125,180

Salaries & Benefits $42,643

Fundraising Expenses $32,684

Program Expenses $160,037

Other Expenses $44,794

TOTAL EXPENSES $212,617

Year-over-Year Comparison

	2024	2023	Change
Revenue	$311,132	$431,277	-0.3%
Expenses	$212,617	$375,049	-0.4%
Net Income	$98,515	$56,228	+0.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$182,168

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL GREEN	EXECUTIVE DI	20.00	Officer	$42,643	$29,467	$182,168
LESLIE BAKER	DIRECTOR	0.50	Director	$0	$0	$0
CAROL COLE	SECRETARY	1.00	Officer Director	$0	$0	$0
ANN FORT	DIRECTOR	0.50	Director	$0	$0	$0
DR KYLE FORT	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DANIEL HALL	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA J HARLESS	DIRECTOR	0.50	Director	$0	$0	$0
EDWARD D KNIGHT III	DIRECTOR	0.50	Director	$0	$0	$0
DR MARK C KILCOLLIN	TREASURER	1.00	Officer Director	$0	$0	$0
CHESSICA LUCKY	DIRECTOR	0.50	Director	$0	$0	$0
TRAVIS MCCLINTIC	DIRECTOR	0.50	Director	$0	$0	$0
DR PAT MCHALE	DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN P NEW	DIRECTOR	0.50	Director	$0	$0	$0
TODD RAMBOLDT	DIRECTOR	0.50	Director	$0	$0	$0
SHARON ROWE	VICE CHAIR	1.00	Officer 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
2025	$311,132	$212,617	$4,429,862	$98,515
2024	$431,277	$375,049	$4,166,991	$56,228
2023	$446,820	$187,090	$3,666,488	$259,730
2022	$315,337	$269,207	$3,245,011	$46,130
2021	$304,794	$201,129	$3,662,021	$103,665
2020	$285,561	$168,747	$2,957,481	$116,814
2019	$269,258	$230,794	$2,868,481	$38,464
2018	$362,289	$209,489	$2,779,534	$152,800

NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC