CONTRACTORS ASSOCIATION OF WEST VIRGINIA SCHOLARSHIP FUND (EIN 550708530) - 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

1989

Legal Domicile

Principal Officer

JASON PIZATELLA

Phone

3043421166

Tax Period

2024-01-01 to 2024-12-31

CONTRACTORS ASSOCIATION OF WEST VIRGINIA SCHOLARSHIP FUND, founded in 1989, is a micro nonprofit that reported $24K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $37K exceeded revenue, resulting in a 56% operating deficit.

Mission

AWARDING OF SCHOLARSHIPS TO LOCAL STUDENTS IN THE CONSTRUCTION FIELD OF STUDY

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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 $8,000

Program Service Revenue $0

Investment Income $15,976

Other Revenue $0

TOTAL REVENUE $23,976

Expense Breakdown

Grants Paid $29,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,487

Other Expenses $7,987

TOTAL EXPENSES $37,487

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,976	$28,046	-0.1%
Expenses	$37,487	$38,516	0.0%
Net Income	$-13,511	$-10,470	+0.3%

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

$429,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON HUNTER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GENE THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
RYAN COCCO	DIRECTOR	1.00	Director	$0	$0	$0
GARY COVEY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GABHART	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY LOI	DIRECTOR	1.00	Director	$0	$0	$0
DOUG MEEKS	SECRETARY	1.00	Officer Director	$0	$0	$0
BRANDON MERRIMAN	DIRECTOR	1.00	Director	$0	$0	$0
DICK SMAILES	DIRECTOR	1.00	Director	$0	$0	$0
NATE ORDERS	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON HAPUARACHY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LISA BOOTH	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW BOURNE	DIRECTOR	1.00	Director	$0	$0	$0
JASON JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
JASON KITZMILLER	DIRECTOR	1.00	Director	$0	$0	$0
DERICK FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
JASON PIZATELLA	CHIEF EXECUTIVE OFFICER	40.00	Officer	$0	$24,900	$273,900
PAT MCDONALD	TREASURER	1.00	Officer	$0	$14,100	$155,100

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	$23,976	$37,487	$459,319	$-13,511
2023	$28,046	$38,516	$447,574	$-10,470
2022	$39,494	$28,124	$437,363	$11,370
2021	$84,264	$19,426	$465,885	$64,838
2020	$22,459	$21,807	$401,048	$652
2019	$54,596	$22,850	$400,394	$31,746

CONTRACTORS ASSOCIATION OF WEST VIRGINIA SCHOLARSHIP FUND