CONCORD UNIVERSITY RESEARCH AND DEVELOPMENT CORPORATION

EIN: 550769622 501(c)(3) Science & Technology

ATHENS, WV

Total Revenue
$1,180,802
Total Expenses
$1,221,868
Total Assets
$2,389,086
Net Assets
$1,376,178
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
WV
Principal Officer
KENDRA BOGGESS
Phone
3043845210
Tax Period
2023-07-01 to 2024-06-30

CONCORD UNIVERSITY RESEARCH AND DEVELOPMENT CORPORATION, founded in 1999, is a community nonprofit in the Science & Technology sector that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

TO MAINTAIN FIDUCIARY INTEGRITY FOR GRANTS AWARDED FOR RESEARCH AND DEVELOPMENT IN THE MAJOR DISCIPLINES AT CONCORD UNIVERSITY (CU) INCLUDING NATURAL AND SOCIAL SCIENCES, HUMANITIES, ART & OTHER ACADEMIC DIVISIONS, WHICH INCLUDES ACTING AS THE FISCAL AGENT FOR SPONSORED PROGRAMS AT CU TO ASSIST IN IT'S MISSION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $758,388
Program Service Revenue $339,347
Investment Income $-14,141
Other Revenue $97,208
TOTAL REVENUE $1,180,802

Expense Breakdown

Grants Paid $33,046
Salaries & Benefits $910,811
Fundraising Expenses $0
Program Expenses $1,101,095
Other Expenses $278,011
TOTAL EXPENSES $1,221,868

Year-over-Year Comparison

2023 2022 Change
Revenue $1,180,802 $1,303,316 -0.1%
Expenses $1,221,868 $1,085,226 +0.1%
Net Income $-41,066 $218,090 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
N/A
Employees
98
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
7
$722,722
Total Directors
5
$484,563
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH ALLEN DIRECTOR 5.00
Director
$0 $0 $82,022
SUSAN WILLIAMS DIRECTOR 5.00
Director
$0 $0 $78,120
SCOTT INGHRAM DIRECTOR 5.00
Director
$35,228 $0 $121,374
DAVID CAMPBELL DIRECTOR 5.00
Director
$41,444 $0 $118,662
JACOB ABRAMS DIRECTOR 5.00
Director
$0 $0 $84,385
KENDRA BOGGESS CHAIRPERSON 5.00
Officer
$0 $0 $235,726
KELLY BENNINGTON VICE CHAIRPERSON & EXECUTIVE DIRECTOR 15.00
Officer
$96,154 $0 $96,154
DAN FITZPATRICK TREASURER 5.00
Officer
$0 $0 $121,902
ADRIANNA FALCO SECRETARY 5.00
Officer
$0 $0 $61,297
VICTORIA BLANKENSHIP FISCAL OFFICER 15.00
Officer
$0 $0 $78,045
MILLER LISA FISCAL OFFICER 15.00
Officer
$47,415 $0 $47,415
ANDREW SULGIT ADMINISTRATIVE DIRECTOR 15.00
Officer
$0 $0 $82,183
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 $1,180,802 $1,221,868 $2,389,086 $-41,066
2023 $1,303,316 $1,085,226 $2,704,343 $218,090
2022 $1,165,358 $960,856 $2,269,021 $204,502
2021 $1,235,883 $857,182 $1,856,276 $378,701
Explore More Nonprofits
Top 100 Nonprofits in West Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CONCORD UNIVERSITY RESEARCH AND DEVELOPMENT CORPORATION with other nonprofits in West Virginia and across the country.