WVU AT PARKERSBURG FOUNDATION INC

EIN: 556021899 501(c)(3)

PARKERSBURG, WV

Total Revenue
$7,143,310
Total Expenses
$826,294
Total Assets
$36,868,896
Net Assets
$33,337,072
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
WV
Principal Officer
OLIVIA REEDER
Phone
3044248340
Tax Period
2024-07-01 to 2025-06-30

WVU AT PARKERSBURG FOUNDATION INC, founded in 1963, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2024. Revenue surged 680% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.3M, a strong 88% operating margin.

Mission

THE FOUNDATION WAS ESTABLISHED TO PROVIDE EDUCATION SUPPORT AND SCHOLARSHIPS TO THE STUDENTS AND FACULTY OF WEST VIRGINIA UNIVERSITY AT PARKERSBURG.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,197,604
Program Service Revenue $0
Investment Income $927,658
Other Revenue $18,048
TOTAL REVENUE $7,143,310

Expense Breakdown

Grants Paid $147,291
Salaries & Benefits $45,000
Fundraising Expenses $0
Program Expenses $459,044
Other Expenses $634,003
TOTAL EXPENSES $826,294

Year-over-Year Comparison

2024 2023 Change
Revenue $7,143,310 $915,412 +6.8%
Expenses $826,294 $528,993 +0.6%
Net Income $6,317,016 $386,419 +15.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

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
4
$80,982
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BECKY DEEM-MCGINNIS CHAIR 1.00
Officer Director
$0 $0 $0
ANNETTE FEHRENBACHER BOARD MEMBER 1.00
Director
$0 $0 $0
PAM FERRELL TREASURER 1.00
Officer Director
$0 $0 $0
MATTHEW SANTER BOARD MEMBER 1.00
Director
$0 $0 $0
RAYNA ODELL BOARD MEMBER 1.00
Director
$0 $0 $0
JILL PARSONS BOARD MEMBER 1.00
Director
$0 $0 $0
JENNA WITTEKIND BOARD MEMBER 1.00
Director
$0 $0 $0
JALIYAH TOWNSEND BOARD MEMBER 1.00
Director
$0 $0 $0
BRENDA LAVERY BOARD MEMBER 1.00
Director
$0 $0 $0
DORSEY NORTHRUP BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW WALKER SECRETARY 1.00
Officer Director
$0 $0 $0
LOURA RINARD BOARD MEMBER 1.00
Director
$0 $0 $0
OLIVIA REEDER EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $80,982
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 $7,143,310 $826,294 $36,868,896 $6,317,016
2024 No data No data No data No data
2023 $11,466,274 $841,756 $24,932,792 $10,624,518
2022 $945,004 $490,316 $13,639,302 $454,688
2021 $1,053,481 $429,796 $15,544,243 $623,685
2020 $399,805 $634,191 $13,040,231 $-234,386
2019 $611,729 $676,411 $12,677,332 $-64,682
2018 $745,363 $710,266 $12,426,952 $35,097
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