EAST FAIRMONT HIGH SCHOOL FOUNDATION INC

EIN: 550710585 501(c)(3) Education

FAIRMONT, WV

Total Revenue
$121,795
Total Expenses
$168,070
Total Assets
$1,464,426
Net Assets
$1,464,426
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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
1991
Legal Domicile
WV
Principal Officer
H ALLEN FARCIN
Phone
3043666180
Tax Period
2023-07-01 to 2024-06-30

EAST FAIRMONT HIGH SCHOOL FOUNDATION INC, founded in 1991, is a small nonprofit in the Education sector that reported $122K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $168K exceeded revenue, resulting in a 38% operating deficit.

Mission

TO PROVIDE STUDENT SCHOLARSHIPS, TEACHER ENHANCEMENTS AND OTHER SCHOOL SUPPORT ITEMS.

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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 $71,099
Program Service Revenue $0
Investment Income $50,696
Other Revenue $0
TOTAL REVENUE $121,795

Expense Breakdown

Grants Paid $167,061
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $168,070
Other Expenses $1,009
TOTAL EXPENSES $168,070

Year-over-Year Comparison

2023 2022 Change
Revenue $121,795 $257,352 -0.5%
Expenses $168,070 $60,329 +1.8%
Net Income $-46,275 $197,023 -1.2%
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
20
Independent Members
20
Employees
N/A
Volunteers
5075

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
3
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID A NUZUM PRESIDENT N/A
Officer Director
$0 $0 $0
KATHY HYPES SECRETARY N/A
Officer Director
$0 $0 $0
H ALLEN FARCIN TREASURER N/A
Officer Director
$0 $0 $0
THOMAS DEVITO BOARD MEMBER N/A
Director
$0 $0 $0
NICK FANTASIA BOARD MEMBER N/A
Director
$0 $0 $0
JOSEPH FORD BOARD MEMBER N/A
Director
$0 $0 $0
TRACEY LINN BOARD MEMBER N/A
Director
$0 $0 $0
TYLER MCCUTCHAN BOARD MEMBER N/A
Director
$0 $0 $0
SALLY MORGAN BOARD MEMBER N/A
Director
$0 $0 $0
KELLIE MORGAN BOARD MEMBER N/A
Director
$0 $0 $0
BLAIRE NUZUM-WISE BOARD MEMBER N/A
Director
$0 $0 $0
DELBERT PHILLIPS BOARD MEMBER N/A
Director
$0 $0 $0
VALERIE RINEHART BOARD MEMBER N/A
Director
$0 $0 $0
KEVIN ROGERS BOARD MEMBER N/A
Director
$0 $0 $0
MARYJO THOMAS BOARD MEMBER N/A
Director
$0 $0 $0
ROSEMARY THOMAS BOARD MEMBER N/A
Director
$0 $0 $0
TRAVIS TUCKER BOARD MEMBER N/A
Director
$0 $0 $0
MARY LYNN WESTFALL BOARD MEMBER N/A
Director
$0 $0 $0
JOANNA WHITE BOARD MEMBER N/A
Director
$0 $0 $0
DIXIE YANN BOARD MEMBER N/A
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 No data No data No data No data
2024 $121,795 $168,070 $1,464,426 $-46,275
2023 $257,352 $60,329 $1,510,701 $197,023
2022 $134,796 $51,223 $1,313,678 $83,573
2021 $87,078 $49,762 $1,230,105 $37,316
2020 $81,160 $48,459 $1,192,789 $32,701
2019 $95,554 $47,496 $1,160,088 $48,058
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