Civic Intelligence

Ritchie County Educational Trust

990 • Fiscal year 2023 • EIN 55-6020147

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

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.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

98th percentile

90%

Higher net margin than 98% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

24th percentile

$21,000

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

59th percentile

8.9%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-28%

Faster revenue growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$5,717,661

Up $464,992 (+8.9%) from 2022

Net Assets

Up

$5,717,468

Up $464,981 (+8.9%) from 2022

Liabilities

Up

$193

Up $11 (+6.0%) from 2022

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin98th percentile

Revenue

Down

$519,530

Down $205,921 (-28%) from 2022

Expenses

Up

$54,549

Up $74 (+0.1%) from 2022

Net Income

Down

$464,981

Down $205,995 (-31%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth59th 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

2023

Assets$5,717,661
Liabilities$193
Net Assets$5,717,468
Open 2023 Filing

Operations Trend

Revenue Growth13th 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

2023

Revenue$519,530
Expenses$54,549
Net Income$464,981
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$2,387,548
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$4,462,451$4,927,432▲ $464,981
Investments in Publicly Traded Securities$4,142,656$4,788,722▲ $646,066
Cap Stk Tr Prin Current Funds$790,036$790,036→ $0
Other Notes and Loans Receivable, Net$596,895$605,928▲ $9,033
Savings and Temporary Cash Investments$152,427$154,334▲ $1,907
Cash and Non-Interest-Bearing Accounts$342,205$150,191▼ $192,014
Land, Buildings, and Equipment, Net$18,486$18,486→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$5,252,669$5,717,661▲ $464,992
Liabilities
Accounts Payable and Accrued Expenses$182$193▲ $11
Total Liabilities$182$193▲ $11
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,252,487$5,717,468▲ $464,981
Total Liabilities and Net Assets / Fund Balance$5,252,669$5,717,661▲ $464,992

Asset Categories

AssetBook ValueDepreciationBasis
Land$17,730-$17,730
Equipment$756$571$1,327
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Wendy SniderDirectorPT$21,000$21,000

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$1,080
Program Service Revenue
$0
Investment Income
$290,020
Other Revenue
$228,430
All Other Contributions
$1,080
Change in Net Assets
$464,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,942
Salaries, Compensation, and Employee Benefits$22,607
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-$21,886-$21,886
Current Officers, Directors, Trustees, and Key Employees$12,600$8,400-$21,000
Fees for Services Accounting-$2,000-$2,000
Payroll Taxes$964$643-$1,607
Office Expenses-$1,455-$1,455
Insurance-$496-$496
Other Expenses$4,061$110-$110
All Other Expenses-$56-$56
Advertising$35--$35
Total Functional Expenses$17,660$36,889$0$54,549
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
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
2024-05-15
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
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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 2023 REPRESENT 44% OF INCOME LISTED ON SECTION A, PART II, LINE 8 ($228,430.00 OUT OF $519,530.00). FOLLOWING ARE THE PERCENTAGES OF ROYALTIES & RELATED INCOME TO TOTAL INCOME AS LISTED ON LINE 8 FOR THE PREVIOUS FIVE YEARS: 2022=84% ($606,068.00 OUT OF $725,451.00); 2021 =79% ($361,786.00 OUT OF $456,063); 2020 =91% ($282,702.00 OUT OF $311,621.00; 2019 =93% (701,744.00 OUT OF $753,269.00); 2018 =88% ($647,452.00 OUT OF $393,968.00). 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 2024 AS COMPARED TO 2023. 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) T
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01080
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06791
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt052867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt065072
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt053076
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0265380
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0350098
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0697431
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0456063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0311621
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0753269
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02568482
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.11400
IRS990ScheduleA/PublicSupportPY170Pct00.11240
IRS990ScheduleA/PublicSupportTotal170Amt0330452
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt054156
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt054337
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt056149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt059867
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0105943
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0330452
IRS990ScheduleA/TotalSupportAmt02898934
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/TotalAssetsBOYAmt05252669
IRS990/TotalAssetsEOYAmt05717661
IRS990/TotalAssetsGrp/BOYAmt05252669
IRS990/TotalAssetsGrp/EOYAmt05717661
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01080
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036889
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017660
IRS990/TotalFunctionalExpensesGrp/TotalAmt054549
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0182
IRS990/TotalLiabilitiesEOYAmt0193
IRS990/TotalLiabilitiesGrp/BOYAmt0182
IRS990/TotalLiabilitiesGrp/EOYAmt0193
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05252487
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05717468
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt017660
IRS990/TotalReportableCompFromOrgAmt021000
IRS990/TotalRevenueGrp/ExclusionAmt0350098
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0168352
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0519530
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05252669
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05717661
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/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WENDY SNIDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03046432460
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
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/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY L SHAFER
ReturnHeader/ReturnTs02024-05-20T06:59:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WENDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SNIDER
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,717,661
Liabilities
$193
Net assets
$5,717,468
Revenue
$519,530
Expenses
$54,549
Net income
$464,981
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