Liabilities / Assets
9th percentile
Higher debt load relative to assets than 9% of similar nonprofits.
EIN 55-6020147 • 501(c)3 • Harrisville, WV
Profile
The ritchie county educational trust (rcet) makes low interest loans to ritchie county residents pursuing post-secondary education. The rcet is a non-commercial, revolving loan program for the express purpose of assisting worthy students in obtaining education. Students who borrow money pay it back upon the completion of their studies at a low rate of interest, making that money available to other students in the future.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
9th percentile
Higher debt load relative to assets than 9% of similar nonprofits.
Liabilities / Revenue
11th percentile
Higher debt load relative to revenue than 11% of similar nonprofits.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Assets
Up$5,910,431
Up $192,770 (+3.4%) from 2023
Liabilities
Down$184
Down $9 (-4.7%) from 2023
Net Assets
Up$5,910,247
Up $192,779 (+3.4%) from 2023
Revenue
Down$253,629
Down $265,901 (-51%) from 2023
Expenses
Up$60,850
Up $6,301 (+12%) from 2023
Net Income
Down$192,779
Down $272,202 (-59%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The Ritchie County Educational Trust (RCET) makes low interest loans to Ritchie County residents pursuing post-secondary education. The RCET is a non-commercial, revolving loan program for the express purpose of assisting worthy students in obtaining education. Students who borrow money pay it back upon the completion of their studies at a low rate of interest, making that money available to other students in the future.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $4,927,432 | $5,120,211 | ▲ $192,779 |
| Investments in Publicly Traded Securities | $4,788,722 | $4,856,187 | ▲ $67,465 |
| Cap Stk Tr Prin Current Funds | $790,036 | $790,036 | → $0 |
| Other Notes and Loans Receivable, Net | $605,928 | $640,021 | ▲ $34,093 |
| Cash and Non-Interest-Bearing Accounts | $150,191 | $241,553 | ▲ $91,362 |
| Savings and Temporary Cash Investments | $154,334 | $154,184 | ▼ $150 |
| Land, Buildings, and Equipment, Net | $18,486 | $18,486 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Total Assets | $5,717,661 | $5,910,431 | ▲ $192,770 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $193 | $184 | ▼ $9 |
| Total Liabilities | $193 | $184 | ▼ $9 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $5,717,468 | $5,910,247 | ▲ $192,779 |
| Total Liabilities and Net Assets / Fund Balance | $5,717,661 | $5,910,431 | ▲ $192,770 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $17,730 | - | $17,730 |
| Equipment | $756 | $571 | $1,327 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Wendy Snider | Director | PT | $23,000 | $23,000 |
| Name | Title |
|---|---|
| April Haught | Trustee |
| Claire Robinson | Trustee |
| Ira Haught | Trustee |
| Jonathan Summers | Trustee |
| Lewis Cottrill | Trustee |
| Martha Hartley | Trustee |
| Timothy L Sweeney | Trustee |
| Line Item | Amount |
|---|---|
| Other Expenses | $36,090 |
| Salaries, Compensation, and Employee Benefits | $24,760 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Service Investment Mgmnt Fees | - | $26,383 | - | $26,383 |
| Current Officers, Directors, Trustees, and Key Employees | $13,800 | $9,200 | - | $23,000 |
| Fees for Services Accounting | - | $2,000 | - | $2,000 |
| Payroll Taxes | $1,056 | $704 | - | $1,760 |
| Office Expenses | - | $908 | - | $908 |
| Insurance | - | $493 | - | $493 |
| Advertising | $165 | - | - | $165 |
| Other Expenses | - | $89 | - | $89 |
| All Other Expenses | - | $29 | - | $29 |
| Total Functional Expenses | $15,021 | $45,829 | $0 | $60,850 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“No committee meetings were held.”
“No review was or will be conducted.”
“No documents available to the public.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 193 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 184 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE RITCHIE COUNTY EDUCATIONAL TRUST (RCET) MAKES LOW INTEREST LOANS TO RITCHIE COUNTY RESIDENTS PURSUING POST-SECONDARY EDUCATION. THE RCET IS A NON-COMMERCIAL, REVOLVING LOAN PROGRAM FOR THE EXPRESS PURPOSE OF ASSISTING WORTHY STUDENTS IN OBTAINING EDUCATION. STUDENTS WHO BORROW MONEY PAY IT BACK UPON THE COMPLETION OF THEIR STUDIES AT A LOW RATE OF INTEREST, MAKING THAT MONEY AVAILABLE TO OTHER STUDENTS IN THE FUTURE. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 165 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 165 |
| IRS990/AllOtherContributionsAmt | 0 | 3326 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 29 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 29 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | WENDY SNIDER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3046432460 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 239 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | HARRISVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WV |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 26362 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 790036 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 790036 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 150191 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 241553 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 9200 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 13800 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 23000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 3326 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 111069 |
| IRS990/CYOtherExpensesAmt | 0 | 36090 |
| IRS990/CYOtherRevenueAmt | 0 | 139234 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 192779 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 24760 |
| IRS990/CYTotalExpensesAmt | 0 | 60850 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 253629 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | PROVIDE STUDENTS FROM RITCHIE COUNTY WITH LOW INTEREST LOANS TO PURSUE POST-SECONDARY EDUCATION. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 1 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 15021 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2000 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 26383 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 26383 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TIMOTHY L SWEENEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | APRIL HAUGHT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | IRA HAUGHT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CLAIRE ROBINSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MARTHA HARTLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LEWIS COTTRILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JONATHAN SUMMERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | WENDY SNIDER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 23000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1956 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -73838 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 4568545 |
| IRS990/GrossReceiptsAmt | 0 | 4896012 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 493 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 493 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 172491 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12416 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 184907 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 4788722 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 4856187 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 571 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 18486 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 18486 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 19057 |
| IRS990/LegalDomicileStateCd | 0 | WV |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 4642383 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE RITCHIE COUNTY EDUCATIONAL TRUST (RCET) MAKES LOW INTEREST LOANS TO RITCHIE COUNTY RESIDENTS PURSUING POST-SECONDARY EDUCATION. THE RCET IS A NON-COMMERCIAL, REVOLVING LOAN PROGRAM FOR THE EXPRESS PURPOSE OF ASSISTING WORTHY STUDENTS IN OBTAINING EDUCATION. STUDENTS WHO BORROW MONEY PAY IT BACK UPON THE COMPLETION OF THEIR STUDIES AT A LOW RATE OF INTEREST, MAKING THAT MONEY AVAILABLE TO OTHER STUDENTS IN THE FUTURE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5717468 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5910247 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -73838 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -73838 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 908 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 908 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | FOREIGN TAXES PAID |
| IRS990/OtherExpensesGrp/Desc | 1 | CONTINGENCY PROVISIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | CREDIT CARD FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | PROPERTY TAX ON ROYALTY |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2390 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 2200 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1433 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 89 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2390 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2200 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1433 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 89 |
| IRS990/OtherOrganizationDsc | 0 | 501(C)3 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 605928 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 640021 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 704 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 1056 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 1760 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | WENDY SNIDER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1080 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 290020 |
| IRS990/PYOtherExpensesAmt | 0 | 31942 |
| IRS990/PYOtherRevenueAmt | 0 | 228430 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 464981 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 22607 |
| IRS990/PYTotalExpensesAmt | 0 | 54549 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 519530 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 192779 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 12416 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 139234 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 139234 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 4927432 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 5120211 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 154334 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 154184 |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | INFORMATION BELOW IS IN RESPONSE TO PART II, LINE 17A: THE RITCHIE COUNTY EDUCATIONAL TRUST (RCET) EXISTS SOLELY TO PROVIDE LOW INTEREST LOANS FOR RITCHIE COUNTY, WV RESIDENTS PURSUING POST-SECONDARY EDUCATION. THIS PURPOSE WAS ESTABLISHED IN THE LAST WILL AND TESTAMENT OF MISS MINNIE BROADWATER, SIGNED 1956. RITCHIE COUNTY IS A RURAL COUNTY IN WEST VIRGINIA, INCLUDING A FEW SMALL COMMUNITIES AND ONE HIGH SCHOOL. ITS MAIN FUNDING HAS COME FROM ESTATES, (INCLUDING REVENUE BEQUESTS OF OIL, GAS, AND MINERAL RIGHTS), AND FROM DONATIONS GIVEN IN MEMORY OR HONOR OF SOMEONE. THE PERCENTAGE OF SUPPORT NORMALLY RECEIEVED BY THE RCET FROM GOVERNMENTAL UNITS AND FROM CONTRIBUTIONS FROM THE GENERAL PUBLIC HAS ALWAYS BEEN SUBSTANTIAL, EASILY BEING MORE THAN 10% OF ITS SUPPORT. ONLY IN THE LAST FEW YEARS HAS ITS PUBLIC SUPPORT NOT MET THE 33-1/3% TEST, AND THIS HAS BEEN DUE TO ROYALTIES RECEIVED FROM OIL AND GAS DRILLING, THE RIGHTS TO WHICH THE RCET ONLY HAS BECAUSE THEY WERE LEFT TO THE RCET BY THE GENEROUS CONTRIBUTION OF DONORS. HENCE, ONE COULD ARGUE THAT THE ROYALTIES ARE STILL PUBLIC CONTRIBUTIONS. THE RCET HAS NEVER PURCHASED OIL AND GAS RIGHTS OUTRIGHT, AND THE INTENTION OF THE RCET HAS NEVER BEEN TO MAKE A PROFIT. THE FACT IS, CONTRIBUTORS TO THE RCET WERE EXTREMELY GENEROUS AND FORWARD-THINKING IN SPECIFICALLY LEAVING OIL, GAS, AND MINERAL RIGHTS FOR POSSIBLE FUTURE USE. THE RCET HAS BENEFITTED FROM THE RECENT OIL AND GAS BOOM IN THE LOCAL AREA. THE RCET HAS NO CONTROL AND NO IDEA OF HOW LONG THE BOOM PERIOD WILL LAST. BUSTS GENERALLY FOLLOW BOOMS, AND THE ROYALTIES WILL PROBABLY NOT CONTINUE AT THEIR CURRENT RATES AS A LONG-TERM SOURCE OF SUPPORT. ROYALTIES IN 2024 REPRESENT 55% OF INCOME LISTED ON SECTION A, PART II, LINE 8 ($139,234.00 OUT OF $253,628.00). FOLLOWING ARE THE PERCENTAGES OF ROYALTIES & RELATED INCOME TO TOTAL INCOME AS LISTED ON LINE 8 FOR THE PREVIOUS FIVE YEARS: 2023=44% ($228,430.00 OUT OF $519,530.00); 2022 =84% ($606,068.00 OUT OF $725,451.00); 2021 =79% ($361,786.00 OUT OF $456,063.00; 2020 =91% ($282,702.00 OUT OF $311,621.00); 2019 =93% ($701,744.00 OUT OF $753,269.00). IN 2017, ROYALTY INCOME MADE UP ONLY 6% OF INCOME. THE 2017 VALUES ARE INDICATIVE OF THE RCET BEFORE THE LARGE ROYALTIES BEGAN COMING IN. WE CAN ALREADY SEE THAT THE ROYALTIES AS A PERCENTAGE OF TOTAL INCOME IS ALREADY FALLING, AND THE RCET HAS SEEN A SIGNIFICANT REDUCTION IN ROYALTY INCOME THUS FAR IN 2025 AS COMPARED TO 2024. EITHER WAY, THE ROYALTIES THE RCET RECEIVES HAPPEN ONLY BECAUSE OF GENEROUS DONORS IN THE PAST. THE RCET HAS A CONTINUOUS, BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND GOVERNMENTAL UNITS, WHICH IS REASONABLE IN LIGHT OF ITS CHARITABLE ACTIVITIES. THERE ARE SIGNS POSTED IN VIEW OF THE GENERAL PUBLIC IN THE RITCHIE COUNTY COURTHOUSE, THE RITCHIE COUNTY BOARD OF EDUCATION OFFICES, AND IN THE COMMONS AREA OF RITCHIE COUNTY MIDDLE/HIGH SCHOOL LISTING DONORS IN EXCESS OF $500 WHICH ARE MAINTAINED AND UPDATED AS NEEDED. THESE SIGNS INCLUDE THE HISTORY OF THE RCET SHOWING THE INITIAL $25,000 BEQUEST FROM MISS BROADWATER, ALONG WITH THE ENTIRE RESIDUE OF MISS MARY FLANAGHAN'S ESTATE LEFT IN 1957 TOTALING $382,000. THE SIGNS ALSO SHOW $50,000 PLUS DONORS, OF WHICH THERE ARE THREE TO DATE, FROM 1990, 2000, AND 2019. IT ALSO DISPLAYS $10,000 PLUS DONORS, CURRENTLY LISTIING FOUR, GIVEN BETWEEN THE YEARS OF 1966 AND 2014 AND INCLUDING TWO SEPARATE MEMORIALS, ONE ESTATE BEQUEST AND ONE CORPORATE DONATION. DONATIONS IN EXCESS OF $500 ARE ALSO SHOWN ON THE SIGN, DATED FROM 1968 - 2019 AND CURRENTLY LISTING NINE MEMORIALS, ONE ESTATE, AND ONE GIFT FROM A MERCHANT'S ASSOCIATION. THESE VARIOUS CONTRIBUTIONS SHOW THAT THE DONORS TO THE RCET REPRESENT MANY DIFFERENT FAMILIES, INDIVIDUALS, AND ENTITIES AND HAVE SPANNED THE ENTIRE EXISTENCE OF THE RCET. THE RCET PLACED ADVERTISEMENTS IN THE TWO EXISTING LOCAL COUNTY NEWSPAPERS YEARLY, NEAR THE END OF EACH YEAR, SOLICITING POTENTIALLY (ACCORDING TO CURRENT TAX LA |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 3326 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1080 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1261 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3073 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 6791 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 15531 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt | 0 | 53076 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt | 0 | 53076 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 53076 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 53076 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 53076 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 265380 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 324131 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 350098 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 697431 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 456063 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 311621 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2139344 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.11610 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.11400 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 280911 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 56402 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54156 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 54337 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 56149 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 59867 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 280911 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2420255 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 756 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 571 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1327 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 17730 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 17730 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 18486 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NO COMMITTEE MEETINGS WERE HELD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO DOCUMENTS AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | WV |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 5717661 |
| IRS990/TotalAssetsEOYAmt | 0 | 5910431 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5717661 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5910431 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 3326 |
| IRS990/TotalEmployeeCnt | 0 | 1 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 45829 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 15021 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 60850 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 193 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 184 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 193 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 184 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 5717468 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 5910247 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 15021 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 23000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 237887 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12416 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 253629 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 5717661 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 5910431 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationOtherInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 239 |
| IRS990/USAddress/CityNm | 0 | HARRISVILLE |
| IRS990/USAddress/StateAbbreviationCd | 0 | WV |
| IRS990/USAddress/ZIPCd | 0 | 26362 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.RITCHIESCHOOLS.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WENDY SNIDER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3046432460 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RITCHIE COUNTY EDUCATIONAL TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RITC |
| ReturnHeader/Filer/EIN | 0 | 556020147 |
| ReturnHeader/Filer/PhoneNum | 0 | 3046432460 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 239 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HARRISVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WV |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 26362 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 550538163 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SUTTLE & STALNAKER PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1411 VIRGINIA ST E STE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHARLESTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WV |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 25301 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3043434126 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-04-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KELLY L SHAFER |
| ReturnHeader/ReturnTs | 0 | 2025-05-01T10:20:20-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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