Civic Intelligence

Human Resource Development Foundation Inc.

990 • Fiscal year 2022 • EIN 55-0516532

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

1369 Stewartstown RoadMorgantown, WV 26505

(304) 296-8223

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.27x

Higher debt load relative to revenue than 71% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

30th percentile

-2.2%

Higher net margin than 30% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

82nd percentile

$141,808

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

4th percentile

-29%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

34th percentile

-3.5%

Faster revenue growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,265,889

Down $517,145 (-29%) from 2021

Net Assets

Down

$3,063

Down $52,431 (-94%) from 2021

Liabilities

Down

$1,262,826

Down $464,714 (-27%) from 2021

Revenue

Down

$4,733,766

Down $170,908 (-3.5%) from 2021

Expenses

Down

$4,839,785

Down $174,671 (-3.5%) from 2021

Net Income

Up

-$106,019

Up $3,763 (+3.4%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,069,252Liabilities 2010: $941,063Net Assets 2010: $128,1892010Assets 2011: $684,538Liabilities 2011: $720,954Net Assets 2011: -$36,4162011Assets 2012: $493,568Liabilities 2012: $489,780Net Assets 2012: $3,7882012Assets 2013: $456,656Liabilities 2013: $512,405Net Assets 2013: -$55,7492013Assets 2014: $472,135Liabilities 2014: $511,820Net Assets 2014: -$39,6852014Assets 2015: $419,865Liabilities 2015: $474,494Net Assets 2015: -$54,6292015Assets 2016: $527,533Liabilities 2016: $546,662Net Assets 2016: -$19,1292016Assets 2017: $899,699Liabilities 2017: $862,494Net Assets 2017: $37,2052017Assets 2018: $736,813Liabilities 2018: $633,716Net Assets 2018: $103,0972018Assets 2019: $753,530Liabilities 2019: $728,819Net Assets 2019: $24,7112019Assets 2020: $1,551,538Liabilities 2020: $1,435,828Net Assets 2020: $115,7102020Assets 2021: $1,783,034Liabilities 2021: $1,727,540Net Assets 2021: $55,4942021Assets 2022: $1,265,889Liabilities 2022: $1,262,826Net Assets 2022: $3,0632022Assets 2023: $791,165Liabilities 2023: $1,047,312Net Assets 2023: -$256,1472023Assets 2024: $1,056,068Liabilities 2024: $1,341,740Net Assets 2024: -$285,6722024

Highlighted filing

2022

Assets$1,265,889
Liabilities$1,262,826
Net Assets$3,063

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,692,2202010Expenses 2011: $4,029,4822011Expenses 2012: $3,039,9552012Expenses 2013: $2,597,5842013Revenue 2014: $2,856,199Expenses 2014: $2,833,243Net Income 2014: $22,9562014Revenue 2015: $2,560,844Expenses 2015: $2,574,184Net Income 2015: -$13,3402015Revenue 2016: $3,289,518Expenses 2016: $3,254,018Net Income 2016: $35,5002016Revenue 2017: $7,295,537Expenses 2017: $7,251,874Net Income 2017: $43,6632017Revenue 2018: $6,925,049Expenses 2018: $6,864,132Net Income 2018: $60,9172018Revenue 2019: $4,022,413Expenses 2019: $4,100,799Net Income 2019: -$78,3862019Revenue 2020: $4,784,861Expenses 2020: $4,737,071Net Income 2020: $47,7902020Revenue 2021: $4,904,674Expenses 2021: $5,014,456Net Income 2021: -$109,7822021Revenue 2022: $4,733,766Expenses 2022: $4,839,785Net Income 2022: -$106,0192022Revenue 2023: $3,584,286Expenses 2023: $3,843,496Net Income 2023: -$259,2102023Revenue 2024: $2,167,793Expenses 2024: $2,367,842Net Income 2024: -$200,0492024

Highlighted filing

2022

Revenue$4,733,766
Expenses$4,839,785
Net Income-$106,019
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.0
Gross Receipts
$4,733,766
Mission and Program Overview

Mission

Provide a broad spectrum of employment, occupational skill training, and educational programs to economically disadvantaged west virginians with the purpose of improving opportunities for self-sufficiency.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$677,163$835,849▲ $158,686
Savings and Temporary Cash Investments$1,001,056$303,359▼ $697,697
Prepaid Expenses and Deferred Charges$71,140$69,113▼ $2,027
Accounts Receivable$19,875$35,155▲ $15,280
Total Assets$1,783,034$1,265,889▼ $517,145
Other Assets Total$13,800$22,413▲ $8,613
Liabilities
Unsecured Notes Loans Payable$1,059,721$476,066▼ $583,655
Accounts Payable and Accrued Expenses$384,637$385,205▲ $568
Other Liabilities$257,362$377,068▲ $119,706
Grants Payable$25,820$24,487▼ $1,333
Total Liabilities$1,727,540$1,262,826▼ $464,714
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$55,494$3,063▼ $52,431
Total Net Assets Fund Balance$55,494$3,063▼ $52,431
Total Liabilities and Net Assets / Fund Balance$1,783,034$1,265,889▼ $517,145

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$8,612$8,612
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joshua D SwordPresident--$141,808$141,808
Andy WaltersSecretary Tr--$123,323$123,323
Stephanie AhartVice PresideFT$73,385$38,974$112,359

Board Members and Trustees

NameTitle
Brian WedgeExecutive Bo
Chuck ParkerExecutive Bo
Craig HarveyExecutive Bo
Dan DoyleExecutive Bo
Daniel J PolingExecutive Bo
Dave EfawExecutive Bo
Elaine HarrisExecutive Bo
Fred AlbertExecutive Bo
Gary SouthallExecutive Bo
Heather AndersonExecutive Bo
Jess KingExecutive Bo
Joe CarterExecutive Bo
John EpperlyExecutive Bo
Joyce GibsonExecutive Bo
Mike CaputoExecutive Bo
Robert BrownExecutive Bo
Sterling BallExecutive Bo
Revenue and Support

Revenue Composition

Contributions and Grants
$4,304,176
Program Service Revenue
$424,226
Investment Income
$156
Other Revenue
$5,208
All Other Contributions
$17,262
Change in Net Assets
$-106,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,456,391
Other Expenses$1,379,694
Grants and Similar Amounts Paid$3,700
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,672,677$110,969-$2,783,646
Payroll Taxes$243,737$15,630-$259,367
Other Employee Benefits$230,248$5,429-$235,677
Current Officers, Directors, Trustees, and Key Employees$89,887$22,472-$112,359
Occupancy$95,109$4,283-$99,392
Travel$71,959$18,740-$90,699
Office Expenses$70,306$3,565-$73,871
Pension Plan Contributions$63,614$1,728-$65,342
Insurance$48,301--$48,301
Other Expenses$23,128$53,551-$23,128
Fees for Services Accounting$16,000--$16,000
Advertising$14,577--$14,577
Fees for Services Other$7,551--$7,551
Grants to Domestic Orgs$3,700--$3,700
Total Functional Expenses$4,603,418$236,367$0$4,839,785
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amounts Due Related Parties$377,068
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization's members are comprised of its board of directors and other persons interested in the purpose of the corporation who have made application to and been approved by the board of directors.

Form 990, Page 6, Part VI, Line 7A

The members meet every four years to elect the board of directors and transact such other business as may properly come before them.

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

The organization's president and/or secretary-treasurer reviews the return with the independent accountant for completeness and accuracy when it is presented for signature. The officer(s) inform 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 complete copy is available for inspection by board member in the office. 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 organization's main office during normal business hours. Advance notice is requested.

Filing and Contact Details

Filer

Filer Name
Human Resource Development
EIN
55-0516532
Phone
3042968223
Address
1369 STEWARTSTOWN ROAD, MORGANTOWN, WV 26505

Signing Officer

Name
Joshua D Sword
Title
President
Phone
3043422078
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua D Sword
Formed
1968
Legal Domicile
Wv
Voting Board Members
17
Independent Board Members
14
Employees
360
Volunteers
14

Preparer

Firm
Blair & Company
Address
179 SUMMERS ST STE 721, CHARLESTON, WV 25301
Preparer
John D Blair Jr
Phone
3043434603
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

All non-officer board members serve without compensation.

Form 990, Part XI, Line 9

The following material adjustments were identified by the taxpayer subsequent to filing the prior year form 990: change in changes effecting revenue and expenses: net assets additional miscellaneous revenue resulting from increase in cancellation of indebtedness - ppp loan 54,522 reduction in fee for service program revenue resulting from increase to reserve for uncollectible accounts (3,600) immaterial differences in multiple expense accounts 2,666 reclassifications with no effect to net assets: increased income from donated participant services 139,631 increased other program expense from in-kind labor (139,631) ________ change to net assets from prior period adjustments 53,588

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.06$1.34$0.29$2.17$2.37$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.79$1.05$0.26$3.58$3.84$0.26
2022Detailed filing. Detailed filing data is available for this year.$1.27$1.26$0.00$4.73$4.84$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.78$1.73$0.06$4.90$5.01$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.55$1.44$0.12$4.78$4.74$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.73$0.02$4.02$4.10$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.63$0.10$6.93$6.86$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.90$0.86$0.04$7.30$7.25$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.55$0.02$3.29$3.25$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.47$0.05$2.56$2.57$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.51$0.04$2.86$2.83$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.51$0.06$2.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.49$0.00$3.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.72$0.04$4.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.94$0.13$4.69