DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC (EIN 550725474) - 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

1993

Legal Domicile

Principal Officer

PATRICK ROBERTSON

Phone

3043450700

Tax Period

2024-04-01 to 2025-03-31

DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC, founded in 1993, is a small nonprofit in the Community Improvement sector that reported $224K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 19% operating margin.

Mission

-ATTRACT NATIONAL AND INTERNATIONAL INVESTMENT: WEST VIRGINIA IS BECOMING A LEADER IN THE WORLD MARKETPLACE, AND IT DID NOT ARRIVE HERE BY ACCIDENT. THE FOUNDATION HAS A LONG AND ACCOMPLISHED HISTORY OF ATTRACTING NATIONAL AND INTERNATIONAL INVESTMENT BY ELEVATING WEST VIRGINIA'S STATURE IN THE GLOBAL BUSINESS ARENA. -RETAIN AND EXPAND WEST VIRGINIA BUSINESSES: THE FOUNDATION IS A STRATEGIC PARTNER FOR WEST VIRGINIA BUSINESSES. ITS PROGRAMS FOCUS ON PROVIDING WEST VIRGINIA BUSINESSES THE RESOURCES THEY NEED TO GROW AND SUCCEED IN TODAY'S GLOBAL ECONOMY. -HIGHLIGHT ISSUES CRITICAL TO ECONOMIC GROWTH: THE ORGANIZATION SEEKS TO HIGHLIGHT ISSUES OR TOPICS CRITICAL TO ECONOMIC GROWTH AND TO FACILITATE ACTION AMONG STAKEHOLDERS.

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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 $179,500

Program Service Revenue $43,299

Investment Income $1,165

Other Revenue $0

TOTAL REVENUE $223,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,200

Fundraising Expenses $28,573

Program Expenses $116,862

Other Expenses $79,967

TOTAL EXPENSES $181,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$223,964	$174,579	+0.3%
Expenses	$181,167	$167,770	+0.1%
Net Income	$42,797	$6,809	+5.3%

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

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

$95,068

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARA DEARING	EXECUTIVE DI	40.00	Officer	$73,500	$21,568	$95,068
THOMAS A HEYWOOD ESQUIRE	DIRECTOR	N/A	Director	$0	$0	$0
CRAIG W HARTZELL	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
ELLEN S CAPPELLANTI ESQUIRE	DIRECTOR	N/A	Director	$0	$0	$0
PATRICK ROBERTSON	PRESIDENT	N/A	Officer Director	$0	$0	$0
WILLIAM D WILMOTH	DIRECTOR	N/A	Director	$0	$0	$0
RALPH H BAXTER JR	DIRECTOR	N/A	Director	$0	$0	$0
STEVEN B HEDRICK	DIRECTOR	N/A	Director	$0	$0	$0
ALBERT L WRIGHT JR	DIRECTOR	N/A	Director	$0	$0	$0
MARC A HALBRITTER	DIRECTOR	N/A	Director	$0	$0	$0
BRAD N HALL	TREASURER	N/A	Officer Director	$0	$0	$0
JASON S HARSHBARGER	DIRECTOR	N/A	Director	$0	$0	$0
DIANA LEWIS JACKSON	SECRETARY	N/A	Officer Director	$0	$0	$0
JOSH SWORD	DIRECTOR	N/A	Director	$0	$0	$0
LOUIS WEISBERG	DIRECTOR	N/A	Director	$0	$0	$0
LISA CHAMBERLIN STUMP	DIRECTOR	N/A	Director	$0	$0	$0
MATTHEW BOND	DIRECTOR	N/A	Director	$0	$0	$0
JERRY MULLENS	DIRECTOR	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	$223,964	$181,167	$137,513	$42,797
2024	$174,579	$167,770	$139,748	$6,809
2023	$141,685	$158,112	$83,059	$-16,427
2022	$146,606	$160,073	$100,104	$-13,467
2021	$150,057	$139,754	$133,088	$10,303
2020	$154,582	$156,000	$103,292	$-1,418
2019	$226,849	$165,770	$104,627	$61,079

DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC