Civic Intelligence

Community Foundation for the Ohio Valley Inc.

990 • Fiscal year 2020 • EIN 31-0908698

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

1226 Chapline StreetWheeling, WV 26003

(304) 242-3144

Siviq Scores

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

Liabilities / Assets

25th percentile

0.07x

Higher debt load relative to assets than 25% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

1.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

7th percentile

$85,000

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

43rd percentile

4.0%

Faster asset growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-57%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Up

$65,523,174

Up $2,549,844 (+4.0%) from 2019

Net Assets

Up

$61,095,602

Up $2,249,830 (+3.8%) from 2019

Liabilities

Up

$4,427,572

Up $300,014 (+7.3%) from 2019

Revenue

Down

$4,348,275

Down $5,715,176 (-57%) from 2019

Expenses

Down

$3,371,007

Down $56,340 (-1.6%) from 2019

Net Income

Down

$977,268

Down $5,658,836 (-85%) from 2019

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2016: $43,287,237Liabilities 2016: $3,504,754Net Assets 2016: $39,782,4832016Assets 2018: $56,219,456Liabilities 2018: $3,930,489Net Assets 2018: $52,288,9672018Assets 2019: $62,973,330Liabilities 2019: $4,127,558Net Assets 2019: $58,845,7722019Assets 2020: $65,523,174Liabilities 2020: $4,427,572Net Assets 2020: $61,095,6022020Assets 2021: $77,266,259Liabilities 2021: $5,378,470Net Assets 2021: $71,887,7892021Assets 2022: $66,188,864Liabilities 2022: $4,297,590Net Assets 2022: $61,891,2742022Assets 2023: $79,935,508Liabilities 2023: $5,106,487Net Assets 2023: $74,829,0212023Assets 2024: $94,261,510Liabilities 2024: $3,125,284Net Assets 2024: $91,136,2262024

Highlighted filing

2020

Assets$65,523,174
Liabilities$4,427,572
Net Assets$61,095,602

Operations Trend

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

$15M$10M$5.0M$0Revenue 2016: $10,993,132Expenses 2016: $2,516,365Net Income 2016: $8,476,7672016Revenue 2018: $6,865,904Expenses 2018: $2,492,182Net Income 2018: $4,373,7222018Revenue 2019: $10,063,451Expenses 2019: $3,427,347Net Income 2019: $6,636,1042019Revenue 2020: $4,348,275Expenses 2020: $3,371,007Net Income 2020: $977,2682020Revenue 2021: $13,730,137Expenses 2021: $4,573,771Net Income 2021: $9,156,3662021Revenue 2022: $11,022,501Expenses 2022: $3,994,438Net Income 2022: $7,028,0632022Revenue 2023: $7,351,915Expenses 2023: $4,897,172Net Income 2023: $2,454,7432023Revenue 2024: $11,288,814Expenses 2024: $6,016,092Net Income 2024: $5,272,7222024

Highlighted filing

2020

Revenue$4,348,275
Expenses$3,371,007
Net Income$977,268
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$5,540,172
Mission and Program Overview

Mission

To increase a permanent endowment that can respond to the current and future needs of the upper ohio valley.

The foundation was formed for the purpose of supporting benevolent, charitable, or educational causes

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$58,580,860$63,933,876▲ $5,353,016
Land, Buildings, and Equipment, Net$1,213,488$1,202,203▼ $11,285
Cash and Non-Interest-Bearing Accounts$1,546,197$279,701▼ $1,266,496
Pledges and Grants Receivable$1,632,785$107,394▼ $1,525,391
Total Assets$62,973,330$65,523,174▲ $2,549,844
Liabilities
Other Liabilities$3,565,419$3,460,023▼ $105,396
Grants Payable$325,714$619,919▲ $294,205
Mortgage Notes Payable Secured by Investment Property$130,151$235,970▲ $105,819
Accounts Payable and Accrued Expenses$106,274$111,660▲ $5,386
Total Liabilities$4,127,558$4,427,572▲ $300,014
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$55,233,163$57,482,993▲ $2,249,830
Net Assets With Donor Restrictions$3,612,609$3,612,609→ $0
Total Net Assets Fund Balance$58,845,772$61,095,602▲ $2,249,830
Total Liabilities and Net Assets / Fund Balance$62,973,330$65,523,174▲ $2,549,844

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,111,646$263,409-
Land$72,510--
Equipment$8,817$18,541-
Leasehold Improvements$9,230$14,670-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$48,924,251$667,286▲ $2,496,000$276,291$49,724,869
2018$32,150,019$2,656,143▲ $2,308,198$133,521$35,490,214
2017$9,758,022-▲ $941,461$1,347$10,383,387
2016$9,126,892-▲ $1,101,095$1,543$9,758,022
2015$9,673,863-▼ $198,407$1,225$9,126,892
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susie NelsonExecutive DirectorFT$85,000$85,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,122,827
Program Service Revenue
$0
Investment Income
$1,694,890
Other Revenue
$530,558
All Other Contributions
$2,122,827
Change in Net Assets
$977,268

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$110,415Market Price
Total Noncash Contributions3$110,415-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,348,275
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,293,274
Total Revenue per Audited Statements
$5,641,549
Total Revenue per Form 990
$4,348,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,924,926
Other Expenses$1,075,204
Salaries, Compensation, and Employee Benefits$370,877
Total Fundraising Expense$93,067
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,594,175--$1,594,175
Fees for Service Investment Mgmnt Fees$244,857$244,857-$489,714
Grants to Domestic Individuals$330,751--$330,751
Fees for Services Other$120,854$120,853-$241,707
Other Salaries and Wages$104,170$57,049$69,447$230,666
Current Officers, Directors, Trustees, and Key Employees-$85,000-$85,000
Fees for Services Accounting$17,038$17,039-$34,077
Occupancy$11,036$22,071-$33,107
Other Employee Benefits$9,789$13,348$6,526$29,663
Payroll Taxes$8,431$11,496$5,621$25,548
Office Expenses$5,613$5,700$1,784$13,097
Interest$3,668$7,337-$11,005
Fees for Services Management$3,184$6,367-$9,551
Conferences and Meetings$3,501-$5,251$8,752
Insurance$2,839$3,871$1,893$8,603
Depreciation Depletion$8,398--$8,398
Advertising$2,617$5,235-$7,852
Other Expenses$2,815$3,519$704$7,038
Fees for Services Legal$2,151$2,150-$4,301
Information Technology$1,247$1,559$312$3,118
Travel$1,020-$1,529$2,549
Total Functional Expenses$2,571,266$706,674$93,067$3,371,007

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,391,719
Expenses per Audited Statements$3,371,007
Total Expenses per Form 990$3,371,007
Expenses Not Reported on Form 990$20,712
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
West Virginia University FoundationMorgantown, WV-Grant Support$261,514
The Oglebay FoundationWheeling, WV501(c)(3)General Support$150,037
Shadyside Local SchoolsShadyside, OH501(c)(3)Capital Projects$112,000
Middlebourne Parks & Recreation Facilities IncMiddlebourne, WV501(c)(3)General Support$85,600
United Way of the Upper Ohio ValleyWheeling, WV-General Support$45,558
Tyler County Board of EducationMiddlebourne, WV-General Support$31,522
Catholic Charities of West VirginiaWheeling, WV501(c)(3)General Support$28,000
Cameron Community Health CenterCameron, WV501(c)(3)General Support$26,216
Cameron Public LibraryCameron, WV501(c)(3)General Support$26,216
Ymca of WheelingWheeling, WV-General Support$25,795
Hindu Swamsevak SanghRockaway, NJ501(c)(3)General Support$25,000
Council of Senior Tyler Countians IncMiddlebourne, WV501(c)(3)General Support$20,977
Case Western Reserve UniversityCleveland, OH501(c)(3)Grant Activity$20,000
Oberlin CollegeOberlin, OH501(c)(3)Grant Support$20,000
Simpson United MethodistMoundsville, WV501(c)(3)General Support$19,000
Middlebourne Tyler County Volunteer Fire DepartmentMiddlebourne, WV501(c)(3)Capital Acquisitions$18,450
Wheeling Country Day SchoolWheeling, WV-General Support$17,905
Weirton Christian CenterWeirton, WV-General Support$17,740
Fairmont State FoundationFairmont, WV501(c)(3)General Support$17,432
First Presbyterian Church of CameronCameron, WV501(c)(3)General Support$16,964
National Church Residences of BarnesvilleBarnesville, OH501(c)(3)General Support$15,000
A Special Wish Foundation Ohio Valley ChapterSt Clairsville, OH501(c)(3)General Support$14,000
Ywca WheelingWheeling, WV-General Support$13,000
Tyler Consolidated High SchoolSistersville, WV-General Support$12,475
Mary H Weir Public LibraryWeirton, WV501(c)(3)General Support$11,931
Wheeling Middle SchoolWheeling, WV-General Support$11,119
Wheeling UniversityWheeling, WV-General Support$10,740
Epworth CenterBethesda, OH501(c)(3)General Support$10,000
Ohio Hills Health ServicesBarnesville, OH501(c)(3)General Support$10,000
ST JOHN'SST VINCENTS HOME FOR CHILDRENWheeling, WV501(c)(3)General Support$10,000
St Vincent Depaul School & ParishWheeling, WV501(c)(3)General Support$10,000
Young Life- ArizonaPrescott, AZ-General Support$10,000
Ohio Valley Health CenterSteubenville, OH501(c)(3)General Support$9,734
St Michael ParishWheeling, WV501(c)(3)General Support$9,319
Ohio State UniversityColumbus, OH501(c)(3)Grant Support$9,100
Salvation Army- Belmony CountyBellaire, OH501(c)(3)General Support$9,063
Tyler County Public LibraryMiddlebourne, WV-General Support$8,768
Belco Works IncSt Clairsville, OH501(c)(3)General Support$8,500
Silverstar AthleticsMiddlebourne, WV501(c)(3)General Support$8,457
St Clairsville Area Soccor AssociationSt Clairsville, OH501(c)(3)General Support$8,014
House of the CarpenterWheeling, WV501(c)(3)General Support$8,012
St Clairsville Vocal Music BoostersSt Clairsville, OH501(c)(3)General Support$8,000
Marshall County Animal Rescue LeagueMoundsville, WV501(c)(3)General Support$7,600
Soup Kitchen of Greater Wheeling IncWheeling, WV501(c)(3)General Support$7,600
Girl Scouts of Black DiamondWheeling, WV501(c)(3)General Support$7,500
Helping Heroes IncWheeling, WV501(c)(3)General Support$7,500
West Virginia Wesleyan CollegeBuckhannon, WV-Grant Support$7,500
Barnesville Hospital FoundationBarnesville, OH501(c)(3)General Support$7,296
Central Catholic High SchoolWheeling, WV501(c)(3)General Support$7,104
Mercy Baptist ChurchWeirton, WV501(c)(3)General Support$6,600
Faith in Action Caregivers IncWheeling, WV501(c)(3)General Support$6,500
Youth Services System IncWheeling, WV-General Support$6,500
Bellaire Volunteer Fire DeptBellaire, OH501(c)(3)General Support$6,400
The Salvation Army WheelingWheeling, WV501(c)(3)General Support$6,400
Change IncWeirton, WV501(c)(3)General Support$6,350
Linsly SchoolWheeling, WV501(c)(3)General Support$6,233
Moundsville Middle SchoolMoundsville, WV501(c)(3)General Support$6,000
Nami Greater Wheeling IncWheeling, WV501(c)(3)General Support$5,660
Easter Seals Rehabilitation Center IncWheeling, WV501(c)(3)General Support$5,611
Ohio River Council- Boy Scouts of AmericaWheeling, WV501(c)(3)General Support$5,500
The Marshall County Educational Foundation IncMoundsville, WV501(c)(3)General Support$5,400
Wv Northern Community CollegeWheeling, WV-Grant Support$5,373
Tri-county Help CenterSt Clairsville, OH-General Support$5,100
Ohio University Foundation EasternSt Clairsville, OH501(c)(3)General Support$5,050
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
Beyond MarketingSecretary-No$6,037
Phillips Gardill Kaiser AltmeyeDirector-No$4,201
Edward D Gompers and CompanyVice President-No$1,200
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Liabilities$3,426,474
Accrued Payroll$33,549
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 A, Line 7A

The foundation has a board of trustees. There are allowed to be 25 members. The other trustees vote on any new members to be added to the board.

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

The foundation provides a draft of the form 990 to the board for review before finalizing and filing.

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

The foundation regularly and consistently monitors and enforces compliance by requiring annual written statments be delivered to the executive director disclosing the corporations, partnerships, or other entities of which the board members, staff member, or immediate family is an officer, director, partner or substantial stockholder, or owner and which have or might reasonably be expected to have business or financial dealings with the foundation

Form 990, Part VI, Section B, Line 15

The foundation's board of trustees evaluates the performance of compensated personnel and reasonably determines increases to salaries. In the instance of new employees, compensation is determined by their skill and experience level to adequately compensate that individual.

Form 990, Part VI, Section C, Line 18

All documents are made available to the public upon request

Form 990, Part VI, Section C, Line 19

All documents are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Community Foundation for the
EIN
31-0908698
Phone
3042423144
Address
1226 CHAPLINE STREET, WHEELING, WV 26003

Signing Officer

Name
Susie Nelson
Title
Executive Director
Phone
3042423144
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susie Nelson
Formed
1972
Legal Domicile
Wv
Voting Board Members
19
Independent Board Members
19
Employees
7
Volunteers
0

Preparer

Firm
PERRY & ASSOCIATES CPA'S AC
Address
1310 MARKET ST, WHEELING, WV 26003
Preparer
Gordon R Brothers
Phone
3042321358
Supplemental Narrative

Additional Explanations

Part XII Line 2C

The agency has a committee that assumes oversight for the audit. This is the same process as previous years.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expense ans depreciation included in net rental income

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expense ans depreciation included in net rental income

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

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IRS990/Form990PartVIISectionAGrp/PersonNm1KRISTINE MOLNAR
IRS990/Form990PartVIISectionAGrp/PersonNm2EDWARD D GOMPERS
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK A MCKEEN
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES G SQUIBB JR
IRS990/Form990PartVIISectionAGrp/PersonNm5TULANE MENSORE
IRS990/Form990PartVIISectionAGrp/PersonNm6BERNADETTE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7H LAWRENCE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm8CHARLES J KAISER JR
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID CROFT
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IRS990/Form990PartVIISectionAGrp/PersonNm13JAY GOODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14ROBERT CUPP JR
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IRS990/Form990PartVIISectionAGrp/PersonNm16WILLIAM PARAS
IRS990/Form990PartVIISectionAGrp/PersonNm17JOHN HOLLOWAY
IRS990/Form990PartVIISectionAGrp/PersonNm18JAMES E FREY
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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
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
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