Civic Intelligence

Generation West Virginia Inc.

990 • Fiscal year 2020 • EIN 81-3004556

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

601 Morris St Ste 205Charleston, WV 25301

(304) 804-6767

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.94x

Higher debt load relative to assets than 93% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

0.83x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

7th percentile

-60%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

77th percentile

$70,364

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

71st percentile

24%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-17%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$552,712

Up $105,186 (+24%) from 2019

Net Assets

Down

$35,848

Down $391,798 (-92%) from 2019

Liabilities

Up

$516,864

Up $496,984 (+2500%) from 2019

Revenue

Down

$619,917

Down $131,035 (-17%) from 2019

Expenses

Up

$990,715

Up $355,680 (+56%) from 2019

Net Income

Down

-$370,798

Down $486,715 (-420%) from 2019

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$0Assets 2017: $157,896Liabilities 2017: $10,145Net Assets 2017: $147,7512017Assets 2018: $340,392Liabilities 2018: $19,664Net Assets 2018: $320,7282018Assets 2019: $447,526Liabilities 2019: $19,880Net Assets 2019: $427,6462019Assets 2020: $552,712Liabilities 2020: $516,864Net Assets 2020: $35,8482020Assets 2021: $614,500Liabilities 2021: $456,191Net Assets 2021: $158,3092021Assets 2022: $910,304Liabilities 2022: $635,411Net Assets 2022: $274,8932022Assets 2023: $2,024,936Liabilities 2023: $870,405Net Assets 2023: $1,154,5312023Assets 2024: $2,056,443Liabilities 2024: $888,095Net Assets 2024: $1,168,3482024

Highlighted filing

2020

Assets$552,712
Liabilities$516,864
Net Assets$35,848

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $349,002Expenses 2017: $201,251Net Income 2017: $147,7512017Revenue 2018: $496,258Expenses 2018: $323,281Net Income 2018: $172,9772018Revenue 2019: $750,952Expenses 2019: $635,035Net Income 2019: $115,9172019Revenue 2020: $619,917Expenses 2020: $990,715Net Income 2020: -$370,7982020Revenue 2021: $1,317,974Expenses 2021: $1,195,513Net Income 2021: $122,4612021Revenue 2022: $1,305,425Expenses 2022: $1,188,841Net Income 2022: $116,5842022Revenue 2023: $4,357,834Expenses 2023: $3,478,196Net Income 2023: $879,6382023Revenue 2024: $4,493,963Expenses 2024: $4,480,146Net Income 2024: $13,8172024

Highlighted filing

2020

Revenue$619,917
Expenses$990,715
Net Income-$370,798
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$619,917
Mission and Program Overview

Mission

Generation wv is the statewide organization dedicated to attracting, retaining, and advancing young talent in the mountain state.

Generation west virginia is the statewide organization dedicated to attracting, retaining and advancing young talent in the mountain state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$339,935$495,709▲ $155,774
Accounts Receivable$100,205$43,141▼ $57,064
Prepaid Expenses and Deferred Charges-$13,862-
Land, Buildings, and Equipment, Net$7,386$0▼ $7,386
Total Assets$447,526$552,712▲ $105,186
Liabilities
Deferred Revenue-$468,790-
Accounts Payable and Accrued Expenses$6,471$36,623▲ $30,152
Other Liabilities$13,409$11,451▼ $1,958
Total Liabilities$19,880$516,864▲ $496,984
Net Assets / Fund Balance
Net Assets With Donor Restrictions$146,351$0▼ $146,351
Net Assets Without Donor Restrictions$281,295$35,848▼ $245,447
Total Net Assets Fund Balance$427,646$35,848▼ $391,798
Total Liabilities and Net Assets / Fund Balance$447,526$552,712▲ $105,186
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natalie RoperExecutive DirectorFT$62,308$8,056$70,364

Board Members and Trustees

NameTitle
Monika EckardChair
Rod SnyderPast Chair
Amanda MarpleBoard Member
Aneesh SompalliBoard Member
Jade IrvingBoard Member
Jennifer HicksBoard Member
Kelly CecilBoard Member
Mike ChiricoBoard Member
Zach TreisterBoard Member
Anna AdkinsSecretary
Christina DaltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$452,711
Program Service Revenue
$167,206
Investment Income
$0
Other Revenue
$0
All Other Contributions
$399,111
Change in Net Assets
$-370,798

Audited Revenue Reconciliation

Revenue per Audited Statements
$619,917
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$619,917
Total Revenue per Form 990
$619,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$664,692
Other Expenses$326,023
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$463,894--$463,894
Fees for Services Other$204,781$25,729-$230,510
Other Employee Benefits$77,245$5,131-$82,376
Current Officers, Directors, Trustees, and Key Employees$35,430$34,934-$70,364
Payroll Taxes$43,852$4,206-$48,058
Occupancy$4,020$17,573-$21,593
Travel$13,829$2,328-$16,157
Fees for Services Accounting-$12,450-$12,450
Office Expenses$3,772$3,106-$6,878
Other Expenses$160$2,804-$2,804
All Other Expenses$761$1,289-$2,050
Total Functional Expenses$873,629$117,086$0$990,715

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$990,715
Total Expenses per Audited Statements$990,715
Total Expenses per Form 990$990,715
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Taxes and Withholdings$9,197
Funds Held for Local Chapters$2,254
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Part VI, Section B, Line 11B

The board of directors received a copy of form 990 prior to its filing.

Form 990, Part VI, Section B, Line 12C

The board is required to disclose annually any conflicts of interest.

Form 990, Part VI, Section B, Line 15A

The board of directors reviews and approves the executive director's salary.

Form 990, Part VI, Section C, Line 18

The organization's form 1023 and 990 are available to the public upon request at the organization's office.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
Generation West Virginia Inc
EIN
81-3004556
Phone
3048046767
Address
601 MORRIS ST STE 205, CHARLESTON, WV 25301

Signing Officer

Name
Alex Weld
Title
Executive Director
Phone
3048046767
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alex Weld
Formed
2016
Legal Domicile
Wv
Voting Board Members
11
Independent Board Members
11
Employees
14
Volunteers
0

Preparer

Firm
Herman & Cormany Cpas Ac
Address
8 CAPITOL STREET STE 600, CHARLESTON, WV 25301
Preparer
Shelly M White CPA
Phone
3043452320
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Communications: program service expenses 42,711. Management and general expenses 18,229. Fundraising expenses 0. Total expenses 60,940. Other: program service expenses 162,070. Management and general expenses 7,500. Fundraising expenses 0. Total expenses 169,570.

Financial Statement Notes

PART X, LINE 2:

As of december 31, 2020, the tax years that remain subject to examination begin with 2017. Tax returns for 2017, 2018, 2019 and 2020 remain open to examination by taking authorities. Management believes that all positions takin in those returns would be sustained if examined by taking authorities.

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IRS990/ProgSrvcAccomActy2Grp/Desc0BUILIDNG AND SUPPORTING A STATEWIDE NETWORK OF LOCAL GENERATION GROUPS AND PARTNER ORGANIZATIONS TO INFORM AND STRENGTHEN WEST VIRGINIA'S ABILITY TO ATRRACT AND RETAIN YOUNG TALENT.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE BEACON AWARDS RECOGNIZE YOUNG LEADERS WHO ARE LEANING IN TO EXISTING CHALLENGES, DIGGING INTO POSSIBLE SOLUTIONS AND MOST IMPORTANTLY, TURNING THEIR IDEAS INTO ACTION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt039156
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0159155
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0631071
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0264582
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0119881
IRS990/PYRevenuesLessExpensesAmt0115917
IRS990/PYSalariesCompEmpBnftPaidAmt0370453
IRS990/PYTotalExpensesAmt0635035
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0750952
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-370798
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0167206
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0921501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0631071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0443746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0346702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02343020
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0339600
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02300
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02300
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0671655
IRS990ScheduleA/SubstantialContributorsTotAmt01671365
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0921501
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0631071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0443746
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0346702
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02343020
IRS990ScheduleA/TotalSupportAmt02345320
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsInd01
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd01
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd01
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/TotalLobbyingExpendituresAmt00
IRS990ScheduleC/VolunteersInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0990715
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09197
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12254
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED TAXES AND WITHHOLDINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FUNDS HELD FOR LOCAL CHAPTERS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0619917
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS OF DECEMBER 31, 2020, THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BEGIN WITH 2017. TAX RETURNS FOR 2017, 2018, 2019 AND 2020 REMAIN OPEN TO EXAMINATION BY TAKING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL POSITIONS TAKIN IN THOSE RETURNS WOULD BE SUSTAINED IF EXAMINED BY TAKING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0990715
IRS990ScheduleD/TotalLiabilityAmt011451
IRS990ScheduleD/TotalRevenuePerForm990Amt0619917
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0619917
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0990715
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS RECEIVED A COPY OF FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD IS REQUIRED TO DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FORM 1023 AND 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMMUNICATIONS: PROGRAM SERVICE EXPENSES 42,711. MANAGEMENT AND GENERAL EXPENSES 18,229. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,940. OTHER: PROGRAM SERVICE EXPENSES 162,070. MANAGEMENT AND GENERAL EXPENSES 7,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 169,570.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GENERATION MORGANTOWN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0824881625
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ATTRACT, RETAIN AND ADVANCE YOUNG TALENT IN MORGANTOWN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0605 MORRIS ST STE 205
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHARLESTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd025305
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0447526
IRS990/TotalAssetsEOYAmt0552712
IRS990/TotalAssetsGrp/BOYAmt0447526
IRS990/TotalAssetsGrp/EOYAmt0552712

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