Civic Intelligence

Reconnecting Mcdowell Inc.

990 • Fiscal year 2016 • EIN 45-5298982

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

1615 Washington Street E Ste 300Charleston, WV 25311

(304) 344-2679

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

92nd percentile

50%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

98th percentile

187%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

66%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,160,066

Up $756,102 (+187%) from 2015

Net Assets

Up

$1,159,539

Up $755,575 (+187%) from 2015

Liabilities

Up

$527

Up $527 from 2015

Revenue

Up

$1,525,004

Up $606,491 (+66%) from 2015

Expenses

Up

$769,429

Up $100,374 (+15%) from 2015

Net Income

Up

$755,575

Up $506,117 (+203%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2014: $152,506Liabilities 2014: $02014Assets 2015: $403,964Liabilities 2015: $0Net Assets 2015: $403,9642015Assets 2016: $1,160,066Liabilities 2016: $527Net Assets 2016: $1,159,5392016Assets 2017: $1,236,017Liabilities 2017: $308,427Net Assets 2017: $927,5902017Assets 2018: $1,233,433Liabilities 2018: $308,427Net Assets 2018: $925,0062018Assets 2019: $7,235,081Liabilities 2019: $4,742,843Net Assets 2019: $2,492,2382019Assets 2020: $7,273,489Liabilities 2020: $4,761,010Net Assets 2020: $2,512,4792020Assets 2021: $8,031,271Liabilities 2021: $4,965,391Net Assets 2021: $3,065,8802021Assets 2022: $8,191,772Liabilities 2022: $4,973,890Net Assets 2022: $3,217,8822022Assets 2023: $7,975,384Liabilities 2023: $4,602,355Net Assets 2023: $3,373,0292023

Highlighted filing

2016

Assets$1,160,066
Liabilities$527
Net Assets$1,159,539

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $184,737Expenses 2014: $37,108Net Income 2014: $147,6292014Revenue 2015: $918,513Expenses 2015: $669,055Net Income 2015: $249,4582015Revenue 2016: $1,525,004Expenses 2016: $769,429Net Income 2016: $755,5752016Revenue 2017: $584,131Expenses 2017: $566,080Net Income 2017: $18,0512017Revenue 2018: $565,803Expenses 2018: $562,155Net Income 2018: $3,6482018Revenue 2019: $2,309,122Expenses 2019: $741,890Net Income 2019: $1,567,2322019Revenue 2020: $925,476Expenses 2020: $890,098Net Income 2020: $35,3782020Revenue 2021: $1,560,522Expenses 2021: $1,008,342Net Income 2021: $552,1802021Revenue 2022: $1,347,217Expenses 2022: $1,195,215Net Income 2022: $152,0022022Revenue 2023: $1,798,009Expenses 2023: $1,831,591Net Income 2023: -$33,5822023

Highlighted filing

2016

Revenue$1,525,004
Expenses$769,429
Net Income$755,575
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,525,004
Mission and Program Overview

Mission

Our mission is to commit to working together along with the community members, educators, business leaders, foundations and other stakeholders to develop a multi-faceted plan of action that includes education, services for students and their families, transportation, housing, jobs. Our pledge is to create a new reality to help the McDowell community to build a new personal, institutional and programmatic infrastructure for success.

To sustain a comprehensive, long-term effort in mcdowell county, west virginia to make educational improvements and address the associated complex problems of poverty, drug and alcohol abuse, shortage of safe housing, limited medical services, and inadequate access to technology and transportation; all of which contribute to underperforming schools and the continuation of current conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$96,264$884,837▲ $788,573
Intangible Assets$12,882$138,507▲ $125,625
Cash and Non-Interest-Bearing Accounts$294,818$136,722▼ $158,096
Total Assets$403,964$1,160,066▲ $756,102
Liabilities
Accounts Payable and Accrued Expenses-$527-
Total Liabilities$0$527▲ $527
Net Assets / Fund Balance
Unrestricted Net Assets$93,464$899,039▲ $805,575
Temporarily Rstr Net Assets$310,500$260,500▼ $50,000
Total Net Assets Fund Balance$403,964$1,159,539▲ $755,575
Total Liabilities and Net Assets / Fund Balance$403,964$1,160,066▲ $756,102

Asset Categories

AssetBook ValueDepreciationBasis
Land$884,837-$884,837
Compensation and Service Providers

Board Members and Trustees

NameTitle
Randi WeingartenPresident
Bob WiseDirector
Cecil RobertsDirector
Christine CampbellDirector
Clif MooreDirector
Dale LeeDirector
Emily YeagerDirector
John HaleDirector
Josh SwordDirector
Nelson SpencerDirector
Paul BreedloveDirector
Randal JohnsonDirector
Rebecca Mcphail RandolphDirector
Robert PlymaleDirector
Stephanie AddairDirector
Tim CroftonDirector
Tom HeywoodSecretary
Bob BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,520,245
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$4,759
All Other Contributions
$1,520,245
Change in Net Assets
$755,575

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
Other Non Cash Contri Table1$750,000Engineer & Develop Study
Other Non Cash Contri Table1$646,695Indep Cash Expenditures
Total Noncash Contributions2$1,396,695-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$707,929
Total Fundraising Expense$160,158
Grants and Similar Amounts Paid$61,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$72,051$74,079$16,854$74,079
Grants to Domestic Orgs$61,500--$61,500
Conferences and Meetings$50,458--$50,458
All Other Expenses-$18,215-$18,215
Insurance$5,358--$5,358
Fees for Services Legal-$3,252-$3,252
Office Expenses-$1,433-$1,433
Fees for Services Other-$733-$733
Total Functional Expenses$406,593$202,678$160,158$769,429
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
First BookWashington, DC501c3Books for Children$50,000
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's treasurer reviews the return with the independent accountant for completeness and accuracy when it is presented for signature. The treasurer informs the board of directors at its next meeting that the return has been filed; a public inspection copy has been made available in the organization's main office; and a copy has been posted to the organization's private secure web-portal for board members. The officer(s) will also typically discuss with the board any significant changes or observations that come from the return preparation.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and form 990 are available for inspection in the management agent's main office during normal business hours. Advance notice is requested.

Filing and Contact Details

Filer

Filer Name
Reconnecting Mcdowell Inc
EIN
45-5298982
Phone
3043442679
Address
1615 WASHINGTON STREET E STE 300, CHARLESTON, WV 25311

Signing Officer

Name
Bob Brown
Title
Treasurer
Phone
3043442679
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randi Weingarten
Formed
2012
Legal Domicile
Wv
Voting Board Members
18
Independent Board Members
15
Employees
0

Preparer

Firm
Blair & Company Ac
Address
PO BOX 1991, CHARLESTON, WV 25327
Preparer
John D Blair Jr
Phone
3043434603
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To sustain a comprehensive, long-term effort in mcdowell county, west virginia to make educational improvements and address the associated complex problems of poverty, drug and alcohol abuse, shortage of safe housing, limited medical services, and inadequate access to technology and transportation; all of which contribute to underperforming schools and the continuation of current conditions.

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IRS990/MissionDesc0TO SUSTAIN A COMPREHENSIVE, LONG-TERM EFFORT IN MCDOWELL COUNTY, WEST VIRGINIA TO MAKE EDUCATIONAL IMPROVEMENTS AND ADDRESS THE ASSOCIATED COMPLEX PROBLEMS OF POVERTY, DRUG AND ALCOHOL ABUSE, SHORTAGE OF SAFE HOUSING, LIMITED MEDICAL SERVICES, AND INADEQUATE ACCESS TO TECHNOLOGY AND TRANSPORTATION; ALL OF WHICH CONTRIBUTE TO UNDERPERFORMING SCHOOLS AND THE CONTINUATION OF CURRENT CONDITIONS.
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0IN-KIND - PROJECT MGR
IRS990/OtherExpensesGrp/Desc1IN-KIND - STAFF SUPPORT
IRS990/OtherExpensesGrp/Desc2IN-KIND - MTGS, TRAVEL
IRS990/OtherExpensesGrp/Desc3IN-KIND- CONSULTING
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IRS990/OtherExpensesGrp/FundraisingAmt134468
IRS990/OtherExpensesGrp/FundraisingAmt216854
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt040814
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt143084
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt221068
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IRS990/OtherExpensesGrp/ProgramServicesAmt194785
IRS990/OtherExpensesGrp/ProgramServicesAmt272051
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IRS990/OtherExpensesGrp/TotalAmt374079
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02292
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0918513
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02292
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02632049
IRS990ScheduleA/TotalSupportAmt02636808
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0884837
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IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BOOKS FOR CHILDREN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FIRST BOOK
IRS990ScheduleI/RecipientTable/RecipientEIN0521779606
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01319 F STREET NW SUITE 1000
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES GRANTS AND CONTRIBUTIONS TO THOSE SEPARATE ORGANIZATIONS FOR WHICH IT HAS KNOWLEDGE OF THE ENTITY'S OPERATIONS AND SUFFICIENT CONTINUED ASSOCIATION TO ENABLE THE EVALUATION OF THE EFFECTIVENESS OF THE ORGANIZATION'S SPECIFIC GRANT OR CONTRIBUTION. THE ORGANIZATION DOES NOT MAKE CONTRIBUTIONS OF ANY SIGNIFICANCE UNLESS IT HAS THE OPPORTUNITY TO SO MONITOR ITS EFFECTIVENESS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0BLDG DEMOLITION
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1ADMIN SUPPORT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0ENGINEER & DEVELOP STUDY
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1INDEP CASH EXPENDITURES
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IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0MAJOR DEVELOPMENT STAGE SPONSOR. DURING ITS DEVELOPMENT STAGE, RECONNECTING MCDOWELL, INC. HAS BENEFITED FROM THE SUBSTANTIAL SUPPORT PROVIDED BY AND THROUGH A MAJOR NATIONAL SPONSOR, THE AMERICAN FEDERATION OF TEACHERS (AFT). AFT HAS ESTABLISHED A SEPARATE DESIGNATED FUND, MCDOWELL ORGANIZING PROJECT (THE PROJECT) FOR THIS PURPOSE AND HAS ADDITIONALLY MADE DIRECT EXPENDITURES FROM AFT GENERAL FUNDS. AFTS GENERAL FUND EXPENDITURES INCLUDE EMPLOYEE SALARIES AND BENEFITS FOR PROJECT MANAGEMENT; PAYMENTS FOR ECONOMIC STUDIES AND CONSULTANTS; CONFERENCES AND MEETINGS; AND RELATED TRAVEL, MEALS AND LODGING. AFTS DESIGNATED PROJECT EXPENDITURES INCLUDE SALARIES AND BENEFITS FOR TWO (2) FULL-TIME EMPLOYEES WHOM HELP COORDINATE RECONNECTING MCDOWELL'S ("RMI") PROGRAMS, ASSIST WITH FUND RAISING EFFORTS, AND PROVIDE ADMINISTRATIVE SUPPORT. RMI HAS NO PAID EMPLOYEES OR CONSULTANTS OF ITS OWN. PROJECT EXPENDITURES ALSO INCLUDE OTHER SUPPORTING EXPENSES INCLUDING MEETINGS AND TRAVEL. DONATED SERVICES RECEIVED DURING THE YEAR DO NOT INCLUDE THE VALUE OF SERVICES RECEIVED FROM AFT OFFICERS, EMPLOYEES AND OTHER INDIVIDUALS WHOM EXPENDED LESS THAN SUBSTANTIALLY ALL OF THEIR EFFORTS IN FURTHERANCE OF RMI'S MISSION.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE M, PAGE 2, PART II
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO SUSTAIN A COMPREHENSIVE, LONG-TERM EFFORT IN MCDOWELL COUNTY, WEST VIRGINIA TO MAKE EDUCATIONAL IMPROVEMENTS AND ADDRESS THE ASSOCIATED COMPLEX PROBLEMS OF POVERTY, DRUG AND ALCOHOL ABUSE, SHORTAGE OF SAFE HOUSING, LIMITED MEDICAL SERVICES, AND INADEQUATE ACCESS TO TECHNOLOGY AND TRANSPORTATION; ALL OF WHICH CONTRIBUTE TO UNDERPERFORMING SCHOOLS AND THE CONTINUATION OF CURRENT CONDITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S TREASURER REVIEWS THE RETURN WITH THE INDEPENDENT ACCOUNTANT FOR COMPLETENESS AND ACCURACY WHEN IT IS PRESENTED FOR SIGNATURE. THE TREASURER INFORMS THE BOARD OF DIRECTORS AT ITS NEXT MEETING THAT THE RETURN HAS BEEN FILED; A PUBLIC INSPECTION COPY HAS BEEN MADE AVAILABLE IN THE ORGANIZATION'S MAIN OFFICE; AND A COPY HAS BEEN POSTED TO THE ORGANIZATION'S PRIVATE SECURE WEB-PORTAL FOR BOARD MEMBERS. THE OFFICER(S) WILL ALSO TYPICALLY DISCUSS WITH THE BOARD ANY SIGNIFICANT CHANGES OR OBSERVATIONS THAT COME FROM THE RETURN PREPARATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE FOR INSPECTION IN THE MANAGEMENT AGENT'S MAIN OFFICE DURING NORMAL BUSINESS HOURS. ADVANCE NOTICE IS REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0769429

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