Civic Intelligence

MID Atlantic Technology Research & Innovation Center

EIN 20-0208597 • 501(c)3 • Hurricance, WV

View Organization Page

Profile

To provide the greater kanawha valley area of west virginia charitable, scientific, and educational research which can be utilized to foster economic development.

PO Box 1034Hurricance, WV 25526

www.matricresearch.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

96th percentile

78%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

56th percentile

5.7%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$3,288,283

Up $178,713 (+5.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,288,283

Up $178,713 (+5.7%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin96th percentile

Revenue

Up

$230,419

Up $1,372,031 (+120%) from 2023

Expenses

Up

$51,706

Up $46,714 (+936%) from 2023

Net Income

Up

$178,713

Up $1,325,317 (+116%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $7,122,860Liabilities 2010: $7,533,503Net Assets 2010: -$410,6432010Assets 2011: $3,545,571Liabilities 2011: $3,973,241Net Assets 2011: -$427,6702011Assets 2012: $4,341,715Liabilities 2012: $4,789,927Net Assets 2012: -$448,2122012Assets 2013: $4,655,902Liabilities 2013: $5,397,112Net Assets 2013: -$741,2102013Assets 2014: $3,733,973Liabilities 2014: $3,020,635Net Assets 2014: $713,3382014Assets 2015: $3,686,385Liabilities 2015: $2,898,128Net Assets 2015: $788,2572015Assets 2016: $4,528,412Liabilities 2016: $2,998,718Net Assets 2016: $1,529,6942016Assets 2017: $4,333,975Liabilities 2017: $2,555,596Net Assets 2017: $1,778,3792017Assets 2018: $5,209,461Liabilities 2018: $3,993,741Net Assets 2018: $1,215,7202018Assets 2019: $5,518,587Liabilities 2019: $4,175,073Net Assets 2019: $1,343,5142019Assets 2020: $6,385,617Liabilities 2020: $5,090,468Net Assets 2020: $1,295,1492020Assets 2021: $5,287,778Liabilities 2021: $1,637,144Net Assets 2021: $3,650,6342021Assets 2022: $8,158,345Liabilities 2022: $3,902,171Net Assets 2022: $4,256,1742022Assets 2023: $3,109,570Liabilities 2023: $0Net Assets 2023: $3,109,5702023Assets 2024: $3,288,283Liabilities 2024: $0Net Assets 2024: $3,288,2832024

Highlighted filing

2024

Assets$3,288,283
Liabilities$0
Net Assets$3,288,283
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,867,9052010Expenses 2011: $9,035,1462011Expenses 2012: $8,719,0312012Revenue 2013: $10,357,623Expenses 2013: $10,277,531Net Income 2013: $80,0922013Revenue 2014: $9,347,214Expenses 2014: $9,104,951Net Income 2014: $242,2632014Revenue 2015: $9,725,317Expenses 2015: $9,725,326Net Income 2015: -$92015Revenue 2016: $9,931,292Expenses 2016: $9,244,417Net Income 2016: $686,8752016Revenue 2017: $10,437,496Expenses 2017: $10,351,297Net Income 2017: $86,1992017Revenue 2018: $13,553,958Expenses 2018: $13,893,716Net Income 2018: -$339,7582018Revenue 2019: $14,865,097Expenses 2019: $14,585,333Net Income 2019: $279,7642019Revenue 2020: $13,785,560Expenses 2020: $13,864,218Net Income 2020: -$78,6582020Revenue 2021: $16,274,831Expenses 2021: $15,059,633Net Income 2021: $1,215,1982021Revenue 2022: $16,458,293Expenses 2022: $15,824,334Net Income 2022: $633,9592022Revenue 2023: -$1,141,612Expenses 2023: $4,992Net Income 2023: -$1,146,6042023Revenue 2024: $230,419Expenses 2024: $51,706Net Income 2024: $178,7132024

Highlighted filing

2024

Revenue$230,419
Expenses$51,706
Net Income$178,713
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,288,283
Liabilities
$0
Net assets
$3,288,283
Revenue
$230,419
Expenses
$51,706
Net income
$178,713
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$0.23$0.05$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$1.14$0.00$1.15
2022Detailed filing. Detailed filing data is available for this year.$8.16$3.90$4.26$16.5$15.8$0.63
2021Detailed filing. Detailed filing data is available for this year.$5.29$1.64$3.65$16.3$15.1$1.22
2020Detailed filing. Detailed filing data is available for this year.$6.39$5.09$1.30$13.8$13.9$0.08
2019Detailed filing. Detailed filing data is available for this year.$5.52$4.18$1.34$14.9$14.6$0.28
2018Detailed filing. Detailed filing data is available for this year.$5.21$3.99$1.22$13.6$13.9$0.34
2017Detailed filing. Detailed filing data is available for this year.$4.33$2.56$1.78$10.4$10.4$0.09
2016Detailed filing. Detailed filing data is available for this year.$4.53$3.00$1.53$9.93$9.24$0.69
2015Detailed filing. Detailed filing data is available for this year.$3.69$2.90$0.79$9.73$9.73$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.73$3.02$0.71$9.35$9.10$0.24
2013Detailed filing. Detailed filing data is available for this year.$4.66$5.40$0.74$10.4$10.3$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$4.79$0.45$8.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$3.97$0.43$9.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.12$7.53$0.41$9.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$230,419
Mission and Program Overview

Mission

To provide the greater kanawha valley area of west virginia charitable, scientific, and educational research which can be utilized to foster economic development.

Charitable, scientific, and educational research and economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,109,570$3,288,283▲ $178,713
Other Notes and Loans Receivable, Net$2,350,794$2,208,939▼ $141,855
Savings and Temporary Cash Investments$633,756$834,092▲ $200,336
Cash and Non-Interest-Bearing Accounts$35,734$180,966▲ $145,232
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,109,570$3,288,283▲ $178,713
Other Assets Total$89,286$64,286▼ $25,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,109,570$3,288,283▲ $178,713
Total Liabilities and Net Assets / Fund Balance$3,109,570$3,288,283▲ $178,713
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
William B GoodePresident
Stephen M WoomerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$230,419
Other Revenue
$0
Change in Net Assets
$178,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$26,706
Grants and Similar Amounts Paid$25,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$25,000--$25,000
Fees for Services Legal-$18,786-$18,786
Insurance$6,134--$6,134
Fees for Service Investment Mgmnt Fees-$1,747-$1,747
Office Expenses-$39-$39
Total Functional Expenses$31,134$20,572$0$51,706
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cadco Foundation IncCharleston, WV-Assistance for Redevelopment of Kanawha Manufacturing Property.$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board members receive a copy of form 990 for review prior to filing”

Form 990, Part VI, Section B, Line 12C

“The board requires members to comply with their conflict of interest policy annually.”

Form 990, Part VI, Section B, Line 15

“N/A”

Form 990, Part VI, Section C, Line 18

“Anyone can log onto guidestar.org to review copies of the 990 or a copy can be requested from the organization.”

Form 990, Part VI, Section C, Line 19

“The organization does not make it's governing documents or financial statement available to the general public unless the documents are required to be included with other documents made availiable to the general public.”

Filing and Contact Details

Filer

Filer Name
Mid Atlantic Technology Research &
EIN
20-0208597
Phone
3045417640
Address
PO BOX 1034, HURRICANCE, WV 25526

Signing Officer

Name
William B Goode
Title
President
Phone
3045417640
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William B Goode
Formed
2003
Legal Domicile
Wv
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Costanzo Woomer Nistendirk Pllc
Address
231 CAPITOL STREET SUITE 400, CHARLESTON, WV 25301
Preparer
Stephen Mwoomercpa
Phone
3043422006
Raw XML Appendix298 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/GrantAmt025000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt025000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt025000
IRS990/GrantsToIndividualsInd00
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IRS990/GrossReceiptsAmt0230419
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IRS990/PartialLiquidationInd00
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IRS990/PoliticalCampaignActyInd00
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IRS990ScheduleI/RecipientTable/RecipientEIN0550680725
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS RECEIVE A COPY OF FORM 990 FOR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REQUIRES MEMBERS TO COMPLY WITH THEIR CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANYONE CAN LOG ONTO GUIDESTAR.ORG TO REVIEW COPIES OF THE 990 OR A COPY CAN BE REQUESTED FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT MAKE IT'S GOVERNING DOCUMENTS OR FINANCIAL STATEMENT AVAILABLE TO THE GENERAL PUBLIC UNLESS THE DOCUMENTS ARE REQUIRED TO BE INCLUDED WITH OTHER DOCUMENTS MADE AVAILIABLE TO THE GENERAL PUBLIC.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020572
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt031134
IRS990/TotalFunctionalExpensesGrp/TotalAmt051706
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03109570
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IRS990/TotalRevenueGrp/ExclusionAmt0230419
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0230419
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03109570
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1034
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM B GOODE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03045417640
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID ATLANTIC TECHNOLOGY RESEARCH &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INNOVATION CENTER
ReturnHeader/Filer/BusinessNameControlTxt0MIDA
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ReturnHeader/Filer/PhoneNum03045417640
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1034
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0550778381
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COSTANZO WOOMER NISTENDIRK PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0231 CAPITOL STREET SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd025301
ReturnHeader/PreparerPersonGrp/PhoneNum03043422006
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN MWOOMERCPA
ReturnHeader/ReturnTs02025-11-12T12:33:40-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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