Civic Intelligence

Ritchie County Educational Trust

990 • Fiscal year 2022 • EIN 55-6020147

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 14, 2023

Organization ProfileWWW.RITCHIESCHOOLS.COM
PO Box 239Harrisville, WV 26362

(304) 643-2460

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

97th percentile

92%

Higher net margin than 97% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

23rd percentile

$18,000

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

1.5%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$5,252,669

Up $670,976 (+15%) from 2021

Net Assets

Up

$5,252,487

Up $670,976 (+15%) from 2021

Liabilities

Flat

$182

Flat from 2021

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin97th percentile

Revenue

Up

$725,451

Up $10,703 (+1.5%) from 2021

Expenses

Up

$54,475

Up $5,182 (+11%) from 2021

Net Income

Up

$670,976

Up $5,521 (+0.8%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,908,506Liabilities 2011: $182Net Assets 2011: $1,908,3242011Assets 2012: $1,958,901Liabilities 2012: $182Net Assets 2012: $1,958,7192012Assets 2013: $1,999,698Liabilities 2013: $182Net Assets 2013: $1,999,5162013Assets 2014: $2,085,322Liabilities 2014: $182Net Assets 2014: $2,085,1402014Assets 2015: $2,125,969Liabilities 2015: $182Net Assets 2015: $2,125,7872015Assets 2016: $2,322,882Liabilities 2016: $182Net Assets 2016: $2,322,7002016Assets 2017: $2,467,942Liabilities 2017: $182Net Assets 2017: $2,467,7602017Assets 2018: $2,812,456Liabilities 2018: $182Net Assets 2018: $2,812,2742018Assets 2019: $3,638,130Liabilities 2019: $182Net Assets 2019: $3,637,9482019Assets 2020: $3,916,237Liabilities 2020: $182Net Assets 2020: $3,916,0552020Assets 2021: $4,581,693Liabilities 2021: $182Net Assets 2021: $4,581,5112021Assets 2022: $5,252,669Liabilities 2022: $182Net Assets 2022: $5,252,4872022Assets 2023: $5,717,661Liabilities 2023: $193Net Assets 2023: $5,717,4682023Assets 2024: $5,910,431Liabilities 2024: $184Net Assets 2024: $5,910,2472024

Highlighted filing

2022

Assets$5,252,669
Liabilities$182
Net Assets$5,252,487
Open 2022 Filing

Operations Trend

Revenue Growth44th percentile

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

$1.0M$500K$0Revenue 2011: $64,807Expenses 2011: $26,869Net Income 2011: $37,9382011Revenue 2012: $71,832Expenses 2012: $21,437Net Income 2012: $50,3952012Revenue 2013: $64,520Expenses 2013: $23,724Net Income 2013: $40,7962013Revenue 2014: $108,029Expenses 2014: $22,406Net Income 2014: $85,6232014Revenue 2015: $61,794Expenses 2015: $21,146Net Income 2015: $40,6482015Revenue 2016: $228,528Expenses 2016: $31,615Net Income 2016: $196,9132016Revenue 2017: $185,989Expenses 2017: $40,930Net Income 2017: $145,0592017Revenue 2018: $533,853Expenses 2018: $40,517Net Income 2018: $493,3362018Revenue 2019: $864,109Expenses 2019: $38,432Net Income 2019: $825,6772019Revenue 2020: $327,670Expenses 2020: $49,562Net Income 2020: $278,1082020Revenue 2021: $714,748Expenses 2021: $49,293Net Income 2021: $665,4552021Revenue 2022: $725,451Expenses 2022: $54,475Net Income 2022: $670,9762022Revenue 2023: $519,530Expenses 2023: $54,549Net Income 2023: $464,9812023Revenue 2024: $253,629Expenses 2024: $60,850Net Income 2024: $192,7792024

Highlighted filing

2022

Revenue$725,451
Expenses$54,475
Net Income$670,976
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 14, 2023
Return Version
2022v5.0
Gross Receipts
$725,451
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,791,475$4,462,451▲ $670,976
Investments in Publicly Traded Securities$3,460,322$4,142,656▲ $682,334
Cap Stk Tr Prin Current Funds$790,036$790,036→ $0
Other Notes and Loans Receivable, Net$609,784$596,895▼ $12,889
Cash and Non-Interest-Bearing Accounts$341,616$342,205▲ $589
Savings and Temporary Cash Investments$151,485$152,427▲ $942
Land, Buildings, and Equipment, Net$18,486$18,486→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$4,581,693$5,252,669▲ $670,976
Liabilities
Accounts Payable and Accrued Expenses$182$182→ $0
Total Liabilities$182$182→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,581,511$5,252,487▲ $670,976
Total Liabilities and Net Assets / Fund Balance$4,581,693$5,252,669▲ $670,976

Asset Categories

AssetBook ValueDepreciationBasis
Land$17,730-$17,730
Equipment$756$571$1,327
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Wendy SniderDirectorPT$18,000$18,000

Board Members and Trustees

NameTitle
Claire RobinsonTrustee
Ira HaughtTrustee
Jack LangfordTrustee
James G BrownTrustee
Lewis CottrillTrustee
Martha HartleyTrustee
Timothy L SweeneyTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$1,261
Program Service Revenue
$0
Investment Income
$118,122
Other Revenue
$606,068
All Other Contributions
$1,261
Change in Net Assets
$670,976
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,098
Salaries, Compensation, and Employee Benefits$19,377
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$18,950-$18,950
Current Officers, Directors, Trustees, and Key Employees$10,800$7,200-$18,000
Payroll Taxes$826$551-$1,377
Office Expenses-$903-$903
Information Technology-$523-$523
Fees for Services Accounting-$432-$432
Insurance-$202-$202
Advertising$118--$118
Other Expenses$13,680$22-$22
All Other Expenses-$-822-$-822
Total Functional Expenses$25,424$29,051$0$54,475
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“No committee meetings were held.”

Form 990, Part VI, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Ritchie County Educational Trust
EIN
55-6020147
Phone
3046432460
Address
PO BOX 239, HARRISVILLE, WV 26362

Signing Officer

Name
Wendy Snider
Title
Director
Phone
3046432460
Signed
2023-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Snider
Formed
1956
Legal Domicile
Wv
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
0

Preparer

Firm
Suttle & Stalnaker Pllc
Address
1411 VIRGINIA ST E STE 100, CHARLESTON, WV 25301
Preparer
Kelly L Shafer
Phone
3043434126
Raw XML Appendix380 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/FactsAndCircumstancesTestTxt0INFORMATION BELOW IS IN REPSONSE 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, AIGNED 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 BECASUE 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 HAS 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 2022 REPRESENT 84% OF INCOME LISTED ON SECTION A, PART II, LINE 8 ($606,068.00 OUT OF $725,451.00). FOLLOWING ARE THE PERCENTAGES OF ROYALTIES TO INCOME AS LISTED ON LINE 8 FOR THE PREVIOUS FIVE YEARS: 2021=79% ($361,786.00 OUT OF $456,063.00); 2020 =91% ($282,702.00 OUT OF $311,621); 2019 =93% ($701,744.00 OUT OF $753,269.00; 2018 =88% (647,452.00 OUT OF $393968.00); 2017 =6% ($2,401.00 OUT OF $40,208.00). 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 2023 AS COMPARED TO 2022. EITHER WAY, THE ROAYLTIES THE RCET RECEIVES HAPPEN ONLY BECASUE OF GENEROUS DONORS IN THE PAST. THE RCET HAS A CONTINUOUS, BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GERNAL 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 LAWS) TAX-DEDUCTIBLE DONATIONS TO FURTHER THE GOALS OF THE RCET. THE RCET ALSO ADVERTI
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06791
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt052867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01318
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt065310
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0265380
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0697431
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0456063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0311621
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0753269
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0393968
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02612352
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.11240
IRS990ScheduleA/PublicSupportPY170Pct00.14450
IRS990ScheduleA/PublicSupportTotal170Amt0330690
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt054337
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt056149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt059867
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0105943
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt054394
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0330690
IRS990ScheduleA/TotalSupportAmt02943042
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0756
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0571
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01327
IRS990ScheduleD/LandGrp/BookValueAmt017730
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017730
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018486
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEE MEETINGS WERE HELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WV
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04581693
IRS990/TotalAssetsEOYAmt05252669
IRS990/TotalAssetsGrp/BOYAmt04581693
IRS990/TotalAssetsGrp/EOYAmt05252669
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01261
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029051
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt025424
IRS990/TotalFunctionalExpensesGrp/TotalAmt054475
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0182
IRS990/TotalLiabilitiesEOYAmt0182
IRS990/TotalLiabilitiesGrp/BOYAmt0182
IRS990/TotalLiabilitiesGrp/EOYAmt0182
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04581511
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05252487
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt025424
IRS990/TotalReportableCompFromOrgAmt018000
IRS990/TotalRevenueGrp/ExclusionAmt0693218
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt030972
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0725451
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04581693
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05252669
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 239
IRS990/USAddress/CityNm0HARRISVILLE
IRS990/USAddress/StateAbbreviationCd0WV
IRS990/USAddress/ZIPCd026362
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.RITCHIESCHOOLS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WENDY SNIDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03046432460
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RITCHIE COUNTY EDUCATIONAL TRUST
ReturnHeader/Filer/BusinessNameControlTxt0RITC
ReturnHeader/Filer/EIN0556020147
ReturnHeader/Filer/PhoneNum03046432460
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 239
ReturnHeader/Filer/USAddress/CityNm0HARRISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd026362
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0550538163
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SUTTLE & STALNAKER PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01411 VIRGINIA ST E STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd025301
ReturnHeader/PreparerPersonGrp/PhoneNum03043434126
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY L SHAFER
ReturnHeader/ReturnTs02023-08-15T13:02:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WENDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SNIDER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,252,669
Liabilities
$182
Net assets
$5,252,487
Revenue
$725,451
Expenses
$54,475
Net income
$670,976
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.91$0.00$5.91$0.25$0.06$0.19
2023Detailed filing. Detailed filing data is available for this year.$5.72$0.00$5.72$0.52$0.05$0.46
2022Detailed filing. Detailed filing data is available for this year.$5.25$0.00$5.25$0.73$0.05$0.67
2021Detailed filing. Detailed filing data is available for this year.$4.58$0.00$4.58$0.71$0.05$0.67
2020Detailed filing. Detailed filing data is available for this year.$3.92$0.00$3.92$0.33$0.05$0.28
2019Summary only. Only limited summary data is available for this year.$3.64$0.00$3.64$0.86$0.04$0.83
2018Summary only. Only limited summary data is available for this year.$2.81$0.00$2.81$0.53$0.04$0.49
2017Summary only. Only limited summary data is available for this year.$2.47$0.00$2.47$0.19$0.04$0.15
2016Summary only. Only limited summary data is available for this year.$2.32$0.00$2.32$0.23$0.03$0.20
2015Summary only. Only limited summary data is available for this year.$2.13$0.00$2.13$0.06$0.02$0.04
2014Summary only. Only limited summary data is available for this year.$2.09$0.00$2.09$0.11$0.02$0.09
2013Summary only. Only limited summary data is available for this year.$2.00$0.00$2.00$0.06$0.02$0.04
2012Summary only. Only limited summary data is available for this year.$1.96$0.00$1.96$0.07$0.02$0.05
2011Summary only. Only limited summary data is available for this year.$1.91$0.00$1.91$0.06$0.03$0.04