SOUTH WESTERN WV REGION 2 WORKFORC… - Form 990 Financial Data

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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

2000

Legal Domicile

Principal Officer

MELISSA BIAS

Phone

3044295900

Tax Period

2024-07-01 to 2025-06-30

SOUTH WESTERN WV REGION 2 WORKFORCE DEVE, founded in 2000, is a community nonprofit in the Employment sector that reported $2.2M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE ACTIVITIES UNDER THE WORKFORCE DEVELOPMENT SYSTEM

Program Service Accomplishments

Program 1

Expenses: $1,988,362

TO PROVIDE POLICY GUIDANCE AND EXERCISE OVERSIGHT FOR ACTIVITIES UNDER THE WORKFORCE DEVELOPMENT SYSTEM AND ITS SERVICE DELIVERY AREA

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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 $2,242,128

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,242,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $565,120

Fundraising Expenses $0

Program Expenses $1,988,362

Other Expenses $1,625,856

TOTAL EXPENSES $2,190,976

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,242,128	$2,817,797	-0.2%
Expenses	$2,190,976	$2,854,590	-0.2%
Net Income	$51,152	$-36,793	-2.4%

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

$101,806

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES SHAW	YOUTH CHAIRMAN	2.00	Officer Director	$0	$0	$0
TOMMY ADKINS	DIRECTOR	2.00	Director	$0	$0	$0
HUGH ROBERTS	DIRECTOR	2.00	Director	$0	$0	$0
PHOEBE HARLESS	DIRECTOR	2.00	Director	$0	$0	$0
TERESA SWECKER	DIRECTOR	2.00	Director	$0	$0	$0
DAVE LIEVING	DIRECTOR	2.00	Director	$0	$0	$0
ALISSA STEWART SPARKS	DIRECTOR	2.00	Director	$0	$0	$0
MELIINDA SAUNDERS	DIRECTOR	2.00	Director	$0	$0	$0
TODD MOTZ	DIRECTOR	2.00	Director	$0	$0	$0
KRISTY WOOD	DIRECTOR	2.00	Director	$0	$0	$0
TALI GAYDOSZ	DIRECTOR	2.00	Director	$0	$0	$0
ANDY SKIDMORE	CHAIRMAN	2.00	Officer Director	$0	$0	$0
LEAH COOK	DIRECTOR	2.00	Director	$0	$0	$0
MAUREEN PERSONS	DIRECTOR	2.00	Director	$0	$0	$0
TAMMY STAPLETON	DIRECTOR	2.00	Director	$0	$0	$0
BRETT KUHN	DIRECTOR	2.00	Director	$0	$0	$0
NATHAN BROWN	DIRECTOR	2.00	Director	$0	$0	$0
CAROL HOWERTON	DIRECTOR	2.00	Director	$0	$0	$0
JOHN MANDT JR	CLEO	2.00	Officer Director	$0	$0	$0
ENOCH JAY MARCUM III	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA BIAS	EXECUTIVE DIRECTOR	40.00	Officer	$101,806	$0	$101,806

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	$2,242,128	$2,190,976	$604,260	$51,152
2024	No data	No data	No data	No data
2023	$4,464,362	$4,443,353	$792,238	$21,009
2022	$4,765,252	$4,738,187	$715,624	$27,065
2021	$4,023,259	$3,972,402	$640,993	$50,857
2020	$3,585,708	$3,552,249	$652,870	$33,459
2019	$3,544,027	$3,536,979	$482,719	$7,048
2018	$3,127,474	$3,144,997	$434,164	$-17,523

SOUTH WESTERN WV REGION 2 WORKFORCE DEVE