Civic Intelligence

Roane County Patch Inc

990 • Fiscal year 2022 • EIN 55-0721096

Jul 01, 2021 to Jun 30, 2022 • Filed on May 11, 2023

811 Madison AvenueSpencer, WV 25276

(304) 927-8047

Siviq Scores

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

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

46th percentile

0.07x

Higher debt load relative to revenue than 46% of similar nonprofits.

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

Net Margin

67th percentile

17%

Higher net margin than 67% of similar nonprofits.

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

Top Officer Pay

53rd percentile

$65,767

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

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

Asset Growth

89th percentile

52%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

84th percentile

56%

Faster revenue growth than 84% of similar nonprofits.

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

Assets

Up

$1,661,400

Up $565,139 (+52%) from 2021

Net Assets

Up

$1,451,864

Up $554,718 (+62%) from 2021

Liabilities

Up

$209,536

Up $10,421 (+5.2%) from 2021

Revenue

Up

$3,191,333

Up $1,149,498 (+56%) from 2021

Expenses

Up

$2,636,616

Up $1,084,688 (+70%) from 2021

Net Income

Up

$554,717

Up $64,810 (+13%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $60,708Liabilities 2011: $54,047Net Assets 2011: $6,6612011Assets 2012: $94,873Liabilities 2012: $103,775Net Assets 2012: -$8,9022012Assets 2013: $187,255Liabilities 2013: $132,831Net Assets 2013: $54,4242013Assets 2014: $313,500Liabilities 2014: $86,688Net Assets 2014: $226,8122014Assets 2015: $376,900Liabilities 2015: $36,562Net Assets 2015: $340,3382015Assets 2016: $497,651Liabilities 2016: $22,992Net Assets 2016: $474,6592016Assets 2017: $569,446Liabilities 2017: $119,963Net Assets 2017: $449,4832017Assets 2018: $348,888Liabilities 2018: $27,131Net Assets 2018: $321,7572018Assets 2019: $477,711Liabilities 2019: $146,738Net Assets 2019: $330,9732019Assets 2020: $772,491Liabilities 2020: $365,252Net Assets 2020: $407,2392020Assets 2021: $1,096,261Liabilities 2021: $199,115Net Assets 2021: $897,1462021Assets 2022: $1,661,400Liabilities 2022: $209,536Net Assets 2022: $1,451,8642022Assets 2023: $2,022,743Liabilities 2023: $56,749Net Assets 2023: $1,965,9942023Assets 2024: $1,926,610Liabilities 2024: $48,717Net Assets 2024: $1,877,8932024Assets 2025: $1,576,606Liabilities 2025: $65,906Net Assets 2025: $1,510,7002025

Highlighted filing

2022

Assets$1,661,400
Liabilities$209,536
Net Assets$1,451,864

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $732,7022011Expenses 2012: $1,049,8732012Revenue 2013: $1,183,036Expenses 2013: $1,138,002Net Income 2013: $45,0342013Revenue 2014: $1,361,956Expenses 2014: $1,189,568Net Income 2014: $172,3882014Revenue 2015: $1,318,692Expenses 2015: $1,205,166Net Income 2015: $113,5262015Revenue 2016: $1,572,007Expenses 2016: $1,437,686Net Income 2016: $134,3212016Revenue 2017: $1,737,192Expenses 2017: $1,762,368Net Income 2017: -$25,1762017Revenue 2018: $2,199,767Expenses 2018: $2,327,493Net Income 2018: -$127,7262018Revenue 2019: $1,998,303Expenses 2019: $1,989,087Net Income 2019: $9,2162019Revenue 2020: $1,865,807Expenses 2020: $1,789,541Net Income 2020: $76,2662020Revenue 2021: $2,041,835Expenses 2021: $1,551,928Net Income 2021: $489,9072021Revenue 2022: $3,191,333Expenses 2022: $2,636,616Net Income 2022: $554,7172022Revenue 2023: $2,534,995Expenses 2023: $1,941,295Net Income 2023: $593,7002023Revenue 2024: $1,715,336Expenses 2024: $1,803,436Net Income 2024: -$88,1002024Revenue 2025: $1,627,429Expenses 2025: $1,994,622Net Income 2025: -$367,1932025

Highlighted filing

2022

Revenue$3,191,333
Expenses$2,636,616
Net Income$554,717
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 11, 2023
Return Version
2021v4.2
Gross Receipts
$3,191,333
Mission and Program Overview

Mission

Establish community learning centers and provide day care centers in four counties.

Establish community learning centers and provide day care centers in four counties

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$957,211$1,090,333▲ $133,122
Land, Buildings, and Equipment, Net$6,172$378,822▲ $372,650
Accounts Receivable$94,086$109,904▲ $15,818
Pledges and Grants Receivable$38,792$82,341▲ $43,549
Total Assets$1,096,261$1,661,400▲ $565,139
Liabilities
Unsecured Notes Loans Payable$159,000$159,000→ $0
Accounts Payable and Accrued Expenses$32,601$32,322▼ $279
Other Liabilities$7,514$18,214▲ $10,700
Total Liabilities$199,115$209,536▲ $10,421
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$867,084$1,409,458▲ $542,374
Net Assets With Donor Restrictions$30,062$42,406▲ $12,344
Total Net Assets Fund Balance$897,146$1,451,864▲ $554,718
Total Liabilities and Net Assets / Fund Balance$1,096,261$1,661,400▲ $565,139

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$373,774$6,335$380,109
Equipment$5,048$11,802$16,850
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David McCutcheonExecutive DirectorFT$65,767$65,767

Board Members and Trustees

NameTitle
Jeff TannerChair
Melissa OBrienVice Chair
Andy CorkreanDirector
Charles ConnerDirector
Gary MaceDirector
Mario SotomayorDirector
Sherri CopleyDirector
Steve GoffredaDirector
Teresa MartinDirector
Wanda WayneSecretary
Paul HughesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,639,818
Program Service Revenue
$1,551,515
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,143,851
Change in Net Assets
$554,717
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,655,922
Salaries, Compensation, and Employee Benefits$980,694
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$785,742$59,142-$844,884
Other Expenses$57,339$77,536-$134,875
All Other Expenses$97,406$7,332-$104,738
Office Expenses$96,504$7,264-$103,768
Payroll Taxes$71,292$5,366-$76,658
Other Employee Benefits$55,011$4,141-$59,152
Occupancy$48,802$3,673-$52,475
Travel$10,722$807-$11,529
Depreciation Depletion$6,937$522-$7,459
Advertising$3,684$277-$3,961
Fees for Services Accounting$1,395$105-$1,500
Interest$421$32-$453
Insurance$23$2-$25
Total Functional Expenses$2,383,957$252,659$0$2,636,616
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
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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 governing body review Part VI line 11

No review was or will be conducted

Conflict of interest policy compliance Part VI line 12C

The governing body and key employees review the Conflict of Interest Policy & Procedures annually.

Governing documents etc available to public Part VI line 19

No documents are available to the public

Filing and Contact Details

Filer

Filer Name
Roane County Patch Inc
EIN
55-0721096
Address
811 Madison Avenue, Spencer, WV 25276

Signing Officer

Name
David McCutcheon
Title
Executive Direc
Phone
3049278047
Signed
2023-05-11
Discuss with paid preparer
No

Organization Details

Principal Officer
David McCutcheon
Formed
2003
Legal Domicile
Wv
Voting Board Members
11
Independent Board Members
11
Employees
152
Volunteers
2

Preparer

Firm
Alexander Business Consulting Svs
Address
108 N Main Street, Petersburg, WV 26847
Preparer
Donna Alexander
Phone
3042574992
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Rounding adjustment

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IRS990/OtherExpensesGrp/ProgramServicesAmt01063781
IRS990/OtherExpensesGrp/ProgramServicesAmt153676
IRS990/OtherExpensesGrp/ProgramServicesAmt231222
IRS990/OtherExpensesGrp/ProgramServicesAmt357339
IRS990/OtherExpensesGrp/TotalAmt01143851
IRS990/OtherExpensesGrp/TotalAmt157716
IRS990/OtherExpensesGrp/TotalAmt233572
IRS990/OtherExpensesGrp/TotalAmt3134875
IRS990/OtherLiabilitiesGrp/BOYAmt07514
IRS990/OtherLiabilitiesGrp/EOYAmt018214
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059142
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0785742
IRS990/OtherSalariesAndWagesGrp/TotalAmt0844884
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05366
IRS990/PayrollTaxesGrp/ProgramServicesAmt071292
IRS990/PayrollTaxesGrp/TotalAmt076658
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt038792
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt082341
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0David McCutcheon
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2110000
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Day Care
IRS990/ProgramServiceRevenueGrp/Desc1Excess Levy
IRS990/ProgramServiceRevenueGrp/Desc2Program Revenue
IRS990/ProgramServiceRevenueGrp/Desc3Other Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01308990
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1202039
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt225300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt315186
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01308990
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1202039
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt225300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315186
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED DAY CARE CENTERS IN ROANE and JACKSON COUNTIES. PROVIDED AFTERSCHOOL PROGRAMS IN ROANE AND WIRT COUNTIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0490141
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0774121
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0633282
IRS990/PYProgramServiceRevenueAmt01267714
IRS990/PYRevenuesLessExpensesAmt0489907
IRS990/PYSalariesCompEmpBnftPaidAmt0918646
IRS990/PYTotalExpensesAmt01551928
IRS990/PYTotalRevenueAmt02041835
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0554717
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01639818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0597821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01098115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01321759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01517814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06175327
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01349475
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01051282
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt030468
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02429
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07525
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02441179
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74760
IRS990ScheduleA/PublicSupportPY170Pct00.82220
IRS990ScheduleA/PublicSupportTotal170Amt07230936
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0202039
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0216432
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0221216
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0206984
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0208938
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01055609
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01841857
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0814253
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01319331
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01528743
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01726752
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07230936
IRS990ScheduleA/TotalSupportAmt09672115
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0373774
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06335
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0380109
IRS990ScheduleD/EquipmentGrp/BookValueAmt05048
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011802
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016850
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt018214
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0378822
IRS990ScheduleD/TotalLiabilityAmt018214
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing body and key employees review the Conflict of Interest Policy & Procedures annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Rounding adjustment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01096261
IRS990/TotalAssetsEOYAmt01661400
IRS990/TotalAssetsGrp/BOYAmt01096261
IRS990/TotalAssetsGrp/EOYAmt01661400
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01639818
IRS990/TotalEmployeeCnt0152
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0252659
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02383957
IRS990/TotalFunctionalExpensesGrp/TotalAmt02636616
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0199115
IRS990/TotalLiabilitiesEOYAmt0209536
IRS990/TotalLiabilitiesGrp/BOYAmt0199115
IRS990/TotalLiabilitiesGrp/EOYAmt0209536
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0897146
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01451864
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02383957
IRS990/TotalProgramServiceRevenueAmt01551515
IRS990/TotalReportableCompFromOrgAmt065767
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01551515

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.07$1.51$1.63$1.99$0.37
2024Detailed filing. Detailed filing data is available for this year.$1.93$0.05$1.88$1.72$1.80$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.02$0.06$1.97$2.53$1.94$0.59
2022Detailed filing. Detailed filing data is available for this year.$1.66$0.21$1.45$3.19$2.64$0.55
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.20$0.90$2.04$1.55$0.49
2020Summary only. Only limited summary data is available for this year.$0.77$0.37$0.41$1.87$1.79$0.08
2019Summary only. Only limited summary data is available for this year.$0.48$0.15$0.33$2.00$1.99$0.01
2018Summary only. Only limited summary data is available for this year.$0.35$0.03$0.32$2.20$2.33$0.13
2017Summary only. Only limited summary data is available for this year.$0.57$0.12$0.45$1.74$1.76$0.03
2016Summary only. Only limited summary data is available for this year.$0.50$0.02$0.47$1.57$1.44$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.04$0.34$1.32$1.21$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.09$0.23$1.36$1.19$0.17
2013Summary only. Only limited summary data is available for this year.$0.19$0.13$0.05$1.18$1.14$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.10$0.01$1.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.05$0.01$0.73