Mid-Ohio Valley Workforce Investment Corporation

EIN: 900006114

Parkersburg, WV

Total Revenue
$3,207,949
Total Expenses
$3,207,949
Total Assets
$296,369
Net Assets
N/A
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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
WV
Principal Officer
RANDALL C RAPP
Phone
3044424993
Tax Period
2020-07-01 to 2021-06-30

Mid-Ohio Valley Workforce Investment Corporation, founded in 2000, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2020. Revenue decreased 9% compared to the prior year.

Mission

Provide job training for adults and dislocated workers as well as activities for youth to increase their basic skills and job readiness Traning maybe formal education on-job training or work readines activt

Program Service Accomplishments

Program 1
Expenses: $1,275,639

To improve the employment retension and earning for adults and dislocated workers by providing access to job training programs designed to increase education and occupation skills. Youth activities...

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To improve the employment retension and earning for adults and dislocated workers by providing access to job training programs designed to increase education and occupation skills. Youth activities are also provided the participants basic skills and earn secondary diplomas Adult worker clients served Dislocated worker clients served Youth program clients served

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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 (2020)

Revenue Breakdown

Contributions & Grants $3,207,949
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,207,949

Expense Breakdown

Grants Paid $1,957,258
Salaries & Benefits $648,662
Fundraising Expenses $0
Program Expenses $1,275,639
Other Expenses $602,029
TOTAL EXPENSES $3,207,949

Year-over-Year Comparison

2020 2019 Change
Revenue $3,207,949 $3,544,255 -0.1%
Expenses $3,207,949 $3,544,255 -0.1%
Net Income $0 N/A N/A
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

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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
11
Independent Members
11
Employees
72
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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN HELMICK Director N/A
Director
$0 $0 $0
CONNIE KINDER Director N/A
Director
$0 $0 $0
MITCH MORRISON Director N/A
Director
$0 $0 $0
TRACY DOOLITTLE Director N/A
Director
$0 $0 $0
MIKE SMITH Director N/A
Director
$0 $0 $0
STEPHEN WORDEN Director N/A
Director
$0 $0 $0
RANDY WHITED Director N/A
Director
$0 $0 $0
NIKKI GARRETT Director N/A
Director
$0 $0 $0
BOB TEBAY Director N/A
Director
$0 $0 $0
MAYOR TOM JOYCE Director N/A
Director
$0 $0 $0
MAYOR RANDALL RAPP Director N/A
Director
$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
2021 $3,207,949 $3,207,949 $296,369 No data
2021 No data No data No data No data
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