Civic Intelligence

Wv Coalition for Technology-Based Economic Development Inc.

990 • Fiscal year 2014 • EIN 20-5793624

Oct 01, 2013 to Sep 30, 2014 • Filed on Mar 07, 2015

1740 Union Carbide Drive No 4203 No420325303

(304) 437-4295

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.98x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

1.30x

Higher debt load relative to revenue than 96% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

97th percentile

$78,900

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 21.7% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

20th percentile

-20%

Faster asset growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

51st percentile

2.2%

Faster revenue growth than 51% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2014

Assets

Down

$480,717

Down $116,608 (-20%) from 2013

Net Assets

Flat

$8,683

Flat from 2013

Liabilities

Down

$472,034

Down $116,608 (-20%) from 2013

Revenue

$363,940

No earlier filing loaded for comparison.

Expenses

Down

$363,940

Down $187,285 (-34%) from 2013

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2011: $278,437Liabilities 2011: $269,951Net Assets 2011: $8,4862011Assets 2012: $550,995Liabilities 2012: $542,312Net Assets 2012: $8,6832012Assets 2013: $597,325Liabilities 2013: $588,642Net Assets 2013: $8,6832013Assets 2014: $480,717Liabilities 2014: $472,034Net Assets 2014: $8,6832014Assets 2015: $481,884Liabilities 2015: $424,236Net Assets 2015: $57,6482015Assets 2016: $406,988Liabilities 2016: $393,810Net Assets 2016: $13,1782016Assets 2017: $596,295Liabilities 2017: $573,090Net Assets 2017: $23,2052017Assets 2018: $642,061Liabilities 2018: $710,228Net Assets 2018: -$68,1672018Assets 2019: $582,768Liabilities 2019: $560,563Net Assets 2019: $22,2052019Assets 2020: $1,077,826Liabilities 2020: $1,075,096Net Assets 2020: $2,7302020Assets 2021: $847,798Liabilities 2021: $765,548Net Assets 2021: $82,2502021Assets 2022: $714,237Liabilities 2022: $739,232Net Assets 2022: -$24,9952022Assets 2023: $305,545Liabilities 2023: $76,883Net Assets 2023: $228,6622023Assets 2024: $194,482Liabilities 2024: $23,013Net Assets 2024: $171,4692024Assets 2025: $82,766Liabilities 2025: $6,250Net Assets 2025: $76,5162025

Highlighted filing

2014

Assets$480,717
Liabilities$472,034
Net Assets$8,683

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $340,450Expenses 2011: $339,950Net Income 2011: $5002011Expenses 2012: $542,7842012Expenses 2013: $551,2252013Revenue 2014: $363,940Expenses 2014: $363,940Net Income 2014: $02014Revenue 2015: $402,315Expenses 2015: $353,350Net Income 2015: $48,9652015Revenue 2016: $409,959Expenses 2016: $454,429Net Income 2016: -$44,4702016Revenue 2017: $510,981Expenses 2017: $500,954Net Income 2017: $10,0272017Revenue 2018: $767,982Expenses 2018: $859,354Net Income 2018: -$91,3722018Revenue 2019: $584,547Expenses 2019: $494,175Net Income 2019: $90,3722019Revenue 2020: $448,158Expenses 2020: $467,633Net Income 2020: -$19,4752020Revenue 2021: $647,497Expenses 2021: $567,976Net Income 2021: $79,5212021Revenue 2022: $211,512Expenses 2022: $318,757Net Income 2022: -$107,2452022Revenue 2023: $347,132Expenses 2023: $252,256Net Income 2023: $94,8762023Revenue 2024: $145,078Expenses 2024: $202,271Net Income 2024: -$57,1932024Revenue 2025: $98,600Expenses 2025: $193,553Net Income 2025: -$94,9532025

Highlighted filing

2014

Revenue$363,940
Expenses$363,940
Net Income$0
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Mar 7, 2015
Return Version
2013v4.0
Gross Receipts
$363,940
Mission and Program Overview

Mission

Dedicated to growing and diversifying west virginia's economy by advancing technology-based economic development (tbed).

Advancing technology-based economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$557,435$436,478▼ $120,957
Accounts Receivable$39,020$43,323▲ $4,303
Prepaid Expenses and Deferred Charges$870$916▲ $46
Total Assets$597,325$480,717▼ $116,608
Liabilities
Deferred Revenue$435,882$395,046▼ $40,836
Accounts Payable and Accrued Expenses$123,468$54,747▼ $68,721
Unsecured Notes Loans Payable$20,000$20,000→ $0
Other Liabilities$9,292$2,241▼ $7,051
Total Liabilities$588,642$472,034▼ $116,608
Net Assets / Fund Balance
Unrestricted Net Assets$8,683$8,683→ $0
Total Net Assets Fund Balance$8,683$8,683→ $0
Total Liabilities and Net Assets / Fund Balance$597,325$480,717▼ $116,608
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anne BarthExecutive DirectorFT$78,900$78,900

Board Members and Trustees

NameTitle
John MaherChair
Tom VorbachVice Chair/secretary
Bob WeltyDirector
Bob WentzDirector
Charlotte WeberDirector
Clifton DedricksonDirector
Deana KeenerDirector
Frank VitaleDirector
Ginny PainterDirector
Greg ClutterDirector
Greg HenthornDirector
Guy PedutoDirector
J Rudy HenleyDirector
Jan TaylorDirector
John HooksDirector
Keith BurdetteDirector
Kelley GoesDirector
Kevin DigregorioDirector
Kristina OliverDirector
Mary HuntDirector
Matt HarbaughDirector
Ron BasiniDirector
Russ LorinceDirector
Ryan WallDirector
Scott RotruckDirector
Tom AmanDirector
MICHELE O'CONNORTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$349,779
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$14,161
All Other Contributions
$212,106
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$281,572
Salaries, Compensation, and Employee Benefits$82,368
Total Fundraising Expense$4,119
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$72,105$3,795$75,900
All Other Expenses$20,215--$20,215
Other Expenses$13,000--$13,000
Travel$12,865--$12,865
Fees for Services Accounting-$10,310-$10,310
Conferences and Meetings$9,099--$9,099
Fees for Services Other$8,650--$8,650
Information Technology$7,181--$7,181
Payroll Taxes-$5,506$290$5,796
Office Expenses$2,449--$2,449
Insurance$898--$898
Advertising$750--$750
Other Employee Benefits-$638$34$672
Total Functional Expenses$271,262$88,559$4,119$363,940
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board Member of the OrganizationThe Organization Contracts With Arnett Carbis Toothman, Pllc, of Which Tom Aman Is a Member, for Various Accounting Services.No$10,310
-Board Member of the OrganizationThe Organization Contracts With the Chemical Alliance Zone of Which Kevin Digregorio Is the Executive Director.No$240
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll & Payroll Withholdings$2,241
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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 11

The organization provides a copy of the 990 return to all board members for their review before it is filed.

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

Board members are required to disclose any conflicts of interest to the board or executive committee as soon as they become aware of the conflict.

Form 990, Part VI, Section B, Line 15

Compensation for the executive director and officer positions are reviewed and approved by independent members of the executive committee.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
20-5793624
Phone
3044374295

Signing Officer

Name
Anne Barth
Title
Executive Director
Phone
3044374295
Signed
2015-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Barth
Formed
2008
Legal Domicile
Wv
Voting Board Members
28
Independent Board Members
24
Employees
1
Volunteers
27

Preparer

Preparer
William H Phillips
Phone
3046245471
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GovernmentGrantsAmt0137673
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0363940
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt07181
IRS990/InformationTechnologyGrp/TotalAmt07181
IRS990/InsuranceGrp/ProgramServicesAmt0898
IRS990/InsuranceGrp/TotalAmt0898
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WV
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DEDICATED TO GROWING AND DIVERSIFYING WEST VIGINIA'S ECONOMY BY ADVANCING TECHNOLOGY-BASED ECONOMIC DEVELOPMENT (TBED).
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08683
IRS990/NetAssetsOrFundBalancesEOYAmt08683
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt02449
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt034
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0638
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0672
IRS990/OtherExpensesGrp/Desc0TECHNICAL & BUSINESS AS
IRS990/OtherExpensesGrp/Desc1GRANT PROGRAMS
IRS990/OtherExpensesGrp/Desc2GRANT MANAGEMENT
IRS990/OtherExpensesGrp/Desc3SPONSORSHIP
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IRS990/OtherExpensesGrp/ProgramServicesAmt139074
IRS990/OtherExpensesGrp/ProgramServicesAmt234486
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IRS990/OtherExpensesGrp/TotalAmt139074
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IRS990/OtherExpensesGrp/TotalAmt313000
IRS990/OtherLiabilitiesGrp/BOYAmt09292
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14310
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09851
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IRS990/OtherWebsiteInd0X
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IRS990/PayrollTaxesGrp/FundraisingAmt0290
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IRS990/PoliticalCampaignActyInd00
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt013866
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt084126
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0363940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0545168
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0544789
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0340450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0156781
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01951128
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
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IRS990ScheduleA/PublicSupportTotal170Amt01951128
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0363940
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0545168
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0544789

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.08$0.10$0.19$0.09
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.17$0.15$0.20$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.31$0.08$0.23$0.35$0.25$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.74$0.02$0.21$0.32$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.85$0.77$0.08$0.65$0.57$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.08$1.08$0.00$0.45$0.47$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.56$0.02$0.58$0.49$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.71$0.07$0.77$0.86$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.60$0.57$0.02$0.51$0.50$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.39$0.01$0.41$0.45$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.42$0.06$0.40$0.35$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.47$0.01$0.36$0.36$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.59$0.01$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.54$0.01$0.54
2011Summary only. Only limited summary data is available for this year.$0.28$0.27$0.01$0.34$0.34$0.00