Charleston, WV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)REGIONAL CONTRACTING ASSISTANCE CENTER INC, founded in 1987, is a community nonprofit in the Unknown sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $264K, a strong 23% operating margin.
To provide assistance to West Virginia businesses seeking, or in, relationships with federal, state, or local governments.
RCAC promotes economic development and improves business conditions in West Virginia, by stimulating job creation and retention and business startups and retention. RCAC facilitates business...
RCAC promotes economic development and improves business conditions in West Virginia, by stimulating job creation and retention and business startups and retention. RCAC facilitates business expansion throughout the state by providing counseling, marketing, seminars, webinars, sponsored workshops, and technical assistance to domestic businesses and government agencies.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,143,643 | $807,522 | +0.4% |
| Expenses | $879,357 | $805,193 | +0.1% |
| Net Income | $264,286 | $2,329 | +112.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Sommer Straight | President | 40 |
Officer
|
$89,158 | $0 | $89,158 |
| Rick Clay | Chair | 1 |
Director
|
$0 | $0 | $0 |
| John C Casey | Vice Chair | 1 |
Director
|
$0 | $0 | $0 |
| Jeffrey Munson | Secretary | 1 |
Director
|
$0 | $0 | $0 |
| Bryan Hoylman | Director | 1 |
Director
|
$0 | $0 | $0 |
| Duke Jordan | Director | 1 |
Director
|
$0 | $0 | $0 |
| Glen A Murphy | Director | 1 |
Director
|
$0 | $0 | $0 |
| Derek Scarbro | Director | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,143,643 | $879,357 | $634,209 | $264,286 |
| 2024 | $807,522 | $805,193 | $577,484 | $2,329 |
| 2023 | $783,659 | $739,028 | $624,231 | $44,631 |
| 2022 | $806,969 | $695,669 | $581,223 | $111,300 |
| 2021 | $687,809 | $624,022 | $465,212 | $63,787 |
| 2020 | $667,170 | $627,018 | $402,877 | $40,152 |
| 2019 | $580,997 | $580,211 | $114,358 | $786 |
| 2018 | $569,381 | $560,613 | $97,660 | $8,768 |
Compare REGIONAL CONTRACTING ASSISTANCE CENTER INC with other nonprofits in West Virginia and across the country.