WEST VIRGINIA BLACK HERITAGE FESTIVAL INC

EIN: 550741069 501(c)(3) Arts, Culture & Humanities

CLARKSBURG, WV

Total Revenue
$215,620
Total Expenses
$154,082
Total Assets
$121,556
Net Assets
$121,556
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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
2001
Legal Domicile
WV
Principal Officer
JAMES E GRIFFIN
Phone
3046419963
Tax Period
2021-01-01 to 2021-12-31

WEST VIRGINIA BLACK HERITAGE FESTIVAL INC, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $216K in total revenue in fiscal year 2021. The organization ran a surplus of $62K, a strong 29% operating margin.

Mission

THE ORGANIZATION'S GOAL IS TO PROMOTE THE AFRICAN AMERICAN EXPERIENCE WHILE ADDRESSING THE MANY MILESTONES THAT THEIR FOREFATHERS HAVE ACHIEVED SINCE THE EMANCIPATION PROCLAMATION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $197,549
Program Service Revenue $0
Investment Income $0
Other Revenue $18,071
TOTAL REVENUE $215,620

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $154,082
Other Expenses $154,082
TOTAL EXPENSES $154,082

Year-over-Year Comparison

2021 2020 Change
Revenue $215,620 N/A N/A
Expenses $154,082 N/A N/A
Net Income $61,538 N/A N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
25

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES E GRIFFIN CHAIRMAN 20.00
Director
$0 $0 $0
DORIAN A JAMES VICE CHAIRMAN 10.00
Director
$0 $0 $0
SHERRI L JAMES TREASURER 10.00
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
2024 No data No data No data No data
2021 $215,620 $154,082 $121,556 $61,538
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