Civic Intelligence

Roane County Patch Inc

990 • Fiscal year 2024 • EIN 55-0721096

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 28, 2025

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

40th percentile

0.03x

Higher debt load relative to assets than 40% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

28th percentile

-5.1%

Higher net margin than 28% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

22nd percentile

-4.8%

Faster asset growth than 22% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-32%

Faster revenue growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,926,610

Down $96,133 (-4.8%) from 2023

Net Assets

Down

$1,877,893

Down $88,101 (-4.5%) from 2023

Liabilities

Down

$48,717

Down $8,032 (-14%) from 2023

Revenue

Down

$1,715,336

Down $819,659 (-32%) from 2023

Expenses

Down

$1,803,436

Down $137,859 (-7.1%) from 2023

Net Income

Down

-$88,100

Down $681,800 (-115%) from 2023

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

2024

Assets$1,926,610
Liabilities$48,717
Net Assets$1,877,893

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

2024

Revenue$1,715,336
Expenses$1,803,436
Net Income-$88,100
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 28, 2025
Return Version
2023v6.0
Gross Receipts
$1,715,336
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$1,502,450$1,433,034▼ $69,416
Land, Buildings, and Equipment, Net$365,028$455,886▲ $90,858
Pledges and Grants Receivable$124,963--
Accounts Receivable$30,302$37,690▲ $7,388
Total Assets$2,022,743$1,926,610▼ $96,133
Liabilities
Other Liabilities$23,344$28,405▲ $5,061
Accounts Payable and Accrued Expenses$33,405$20,312▼ $13,093
Total Liabilities$56,749$48,717▼ $8,032
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,927,169$1,842,958▼ $84,211
Net Assets With Donor Restrictions$38,825$34,935▼ $3,890
Total Net Assets Fund Balance$1,965,994$1,877,893▼ $88,101
Total Liabilities and Net Assets / Fund Balance$2,022,743$1,926,610▼ $96,133

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$453,086$31,685$484,771
Equipment$2,800$14,050$16,850
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff TannerChair
Melissa OBrienVice Chair
Andy CorkreanDirector
Charles ConnerDirector
Gary MaceDirector
Mario SotomayorDirector
Steve GoffredaDirector
David McCutcheonExecutive Director
Wanda WayneSecretary
Paul HughesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$251,255
Program Service Revenue
$1,464,081
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-88,100

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,715,336
Total Revenue per Audited Statements
$1,715,336
Total Revenue per Form 990
$1,715,336
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,421,616
Other Expenses$381,820
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,055,398$79,439-$1,134,837
Other Employee Benefits$186,244$14,018-$200,262
Payroll Taxes$80,461$6,056-$86,517
Office Expenses$39,942$3,006-$42,948
Other Expenses$37,795$2,845-$40,640
Travel$23,674$1,782-$25,456
Occupancy$17,050$1,283-$18,333
Depreciation Depletion$12,838$966-$13,804
Fees for Services Accounting$6,803$512-$7,315
Advertising$3,722$280-$4,002
All Other Expenses$3,069$231-$3,300
Interest$232$18-$250
Total Functional Expenses$1,677,196$126,240$0$1,803,436

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,803,436
Total Expenses per Audited Statements$1,803,436
Total Expenses per Form 990$1,803,436
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

A review 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

Public inspecation is upon request

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
2025-04-28
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Wv
Voting Board Members
9
Independent Board Members
9
Employees
169
Volunteers
16

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/ProgramServiceRevenueGrp/Desc1Excess Levy
IRS990/ProgramServiceRevenueGrp/Desc2Program Revenue
IRS990/ProgramServiceRevenueGrp/Desc3Other Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01143679
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1286223
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt325179
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01143679
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1286223
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt325179
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDED DAY CARE CENTERS IN ROANE and JACKSON COUNTIES. PROVIDED AFTERSCHOOL PROGRAMS IN ROANE AND WIRT COUNTIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0344831
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0819051
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0920477
IRS990/PYProgramServiceRevenueAmt01715944
IRS990/PYRevenuesLessExpensesAmt0593700
IRS990/PYSalariesCompEmpBnftPaidAmt01020818
IRS990/PYTotalExpensesAmt01941295
IRS990/PYTotalRevenueAmt02534995
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-88100
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0260255
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0826051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01639818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0597821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01098115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04422060
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01168858
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01382991
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01349475
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01051282
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt030468
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04983074
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53240
IRS990ScheduleA/PublicSupportPY170Pct00.63560
IRS990ScheduleA/PublicSupportTotal170Amt05673923
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0286223
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0325953
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0202039
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0216432
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0221216
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01251863
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0546478
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01152004
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01841857
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0814253
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01319331
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05673923
IRS990ScheduleA/TotalSupportAmt010656997
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0453086
IRS990ScheduleD/BuildingsGrp/DepreciationAmt031685
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0484771
IRS990ScheduleD/EquipmentGrp/BookValueAmt02800
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014050
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016850
IRS990ScheduleD/ExpensesSubtotalAmt01803436
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt028405
IRS990ScheduleD/RevenueSubtotalAmt01715336
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0455886
IRS990ScheduleD/TotalExpensesPerForm990Amt01803436
IRS990ScheduleD/TotalLiabilityAmt028405
IRS990ScheduleD/TotalRevenuePerForm990Amt01715336
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01715336
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01803436
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A REVIEW WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing body and key employees review the Conflict of Interest Policy & Procedures annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PUBLIC INSPECATION IS UPON REQUEST
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/TotalAssetsBOYAmt02022743
IRS990/TotalAssetsEOYAmt01926610
IRS990/TotalAssetsGrp/BOYAmt02022743
IRS990/TotalAssetsGrp/EOYAmt01926610
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0251255
IRS990/TotalEmployeeCnt0169
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0126240
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01677196
IRS990/TotalFunctionalExpensesGrp/TotalAmt01803436
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt056749
IRS990/TotalLiabilitiesEOYAmt048717
IRS990/TotalLiabilitiesGrp/BOYAmt056749
IRS990/TotalLiabilitiesGrp/EOYAmt048717
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01965994
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01877893
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0344831
IRS990/TotalProgramServiceExpensesAmt01677196
IRS990/TotalProgramServiceRevenueAmt01464081
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01464081
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01715336
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02022743
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01926610
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01782
IRS990/TravelGrp/ProgramServicesAmt023674
IRS990/TravelGrp/TotalAmt025456
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.PATCH21.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0David McCutcheon

Document Assets

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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