COALFIELDS HEALTH FOUNDATION INC

EIN: 822292551 501(c)(3) Housing & Shelter

Bluefield, WV

Total Revenue
$857,053
Total Expenses
$45,437
Total Assets
$895,903
Net Assets
$551,403
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
VA
Principal Officer
WJ KIRK STORY
Phone
3049524864
Tax Period
2023-01-01 to 2023-12-31

COALFIELDS HEALTH FOUNDATION INC, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $857K in total revenue in fiscal year 2023. Revenue surged 586% from the prior year, signaling strong growth momentum. The organization ran a surplus of $812K, a strong 95% operating margin.

Mission

To develop and support projects to meet our Appalachian region's health and health related needs. Our first project is to raise capital and operating funds to build and operate an affordable assisted living facility. Our Appalachian region's seniors' average household income is 44% lower than the average for seniors in Virginia and 35% lower than the average for seniors in the United States.

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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 (2023)

Revenue Breakdown

Contributions & Grants $845,053
Program Service Revenue $0
Investment Income $0
Other Revenue $12,000
TOTAL REVENUE $857,053

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,750
Fundraising Expenses $37,819
Program Expenses $5,731
Other Expenses $187
TOTAL EXPENSES $45,437

Year-over-Year Comparison

2023 2022 Change
Revenue $857,053 $125,001 +5.9%
Expenses $45,437 $249 +181.5%
Net Income $811,616 $124,752 +5.5%
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
6
Independent Members
6
Employees
1
Volunteers
7

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
$0
Total Directors
6
$0
Key Employees
2
$18,750
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WJ KIRK STORY Chief operating officer and chief financial officer 20.0
Key Emp
$18,750 $0 $18,750
Harry Presley Chairman of the board 0.35
Officer Director
$0 $0 $0
Carroll Branham Vice chair of the board 0.35
Officer Director
$0 $0 $0
James Wayne Childress Treasurer of the board 0.6
Officer Director
$0 $0 $0
Craig Horn Director 0.35
Director
$0 $0 $0
Willis Smith Director 0.35
Director
$0 $0 $0
Danny Elswick Director emeritus 0.35
Director
$0 $0 $0
Scott M Pittman Chief executive officer and board secretary 8.0
Officer Key Emp
$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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $857,053 $45,437 $895,903 $811,616
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