MULLENS, WV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CITY OF MULLENS FOUNDATION INC, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $83K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $43K, a strong 52% operating margin.
IT IS THE PURPOSE AND FUNCTION OF THE CITY OF MULLENS FOUNDATION, INC. TO ACTIVELY SERVE THE CITY OF MULLENS BY PURSUING DONATIONS, GRANTS AND OTHER MEANS OF FUNDING TO PROMOTE COMMUNITY PROJECTS THAT FOSTER AND ENHANCE THE QUALITY OF LIFE FOR ITS CITIZENS.
THE CITY OF MULLENS HAS A LONG HISTORY OF OPERATING A MUNICIPAL SWIMMING POOL FOR THE USE OF AREA RESIDENTS. THE POOL HAD FALLEN INTO DISREPAIR AND DUE TO THE DECLINING LOCAL ECONOMY THE CITY WAS NOT...
THE CITY OF MULLENS HAS A LONG HISTORY OF OPERATING A MUNICIPAL SWIMMING POOL FOR THE USE OF AREA RESIDENTS. THE POOL HAD FALLEN INTO DISREPAIR AND DUE TO THE DECLINING LOCAL ECONOMY THE CITY WAS NOT ABLE TO AFFORD TO REPAIR THE POOL. THE FOUNDATION HAS AGREED TO COVER THE COSTS TO REPAIR THE FACILITY AND, FOR THIS YEAR, TO ASSIST THE CITY IN FUNDING THE OPERATING COSTS FOR THE POOL. THIS PROGRAM PRIMARILY BENEFITS THE SCHOOL AGE CHILDREN OF THE CITY OF MULLENS AND THE SURROUNDING AREAS.
THE FOUNDATION HAS UNDERTAKEN A PROJECT TO HELP BEAUTIFY THE CITY OF MULLENS. PROJECTS INCLUDED PURCHASING AND MAINTAINING HANGING BASKETS OF FLOWERS IN THE DOWNTOWN DISTRICT AND REFURBISHING THE...
THE FOUNDATION HAS UNDERTAKEN A PROJECT TO HELP BEAUTIFY THE CITY OF MULLENS. PROJECTS INCLUDED PURCHASING AND MAINTAINING HANGING BASKETS OF FLOWERS IN THE DOWNTOWN DISTRICT AND REFURBISHING THE HIGHWAY SIGNS AT THE POINTS OF ENTRY INTO THE CITY.
THE FOUNDATION HAS UNDERTAKEN A PROJECT TO TURN OLD DELAPIDATED TENNIS COURTS INTO PICKLEBALL COURTS. THE PROJECT WILL BENEFIT RESIDENTS OF THE COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $83,317 | $110,582 | -0.2% |
| Expenses | $39,890 | $176,737 | -0.8% |
| Net Income | $43,427 | $-66,155 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RONALD BOWLING | FORMER DIREC | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KENNETH MCBRIDE | FORMER DIREC | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARRY SMITH | PRESIDENT | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT TOLER | FORMER DIREC | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| HUNTER WADE | FORMER DIREC | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES WEAVER | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHIRLEY WEAVER | SECRETARY | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $83,317 | $39,890 | $323,011 | $43,427 |
| 2023 | $110,582 | $176,737 | $279,584 | $-66,155 |
| 2022 | $221,469 | $102,151 | $345,739 | $119,318 |
Compare CITY OF MULLENS FOUNDATION INC with other nonprofits in West Virginia and across the country.