Civic Intelligence

Wv Hive Network Inc

EIN 86-3097939 • 501(c)3 • Beckley, WV

Profile

The wv hive is positioned to help aspiring and existing business owners launch and grow successful businesses throughout southern west virginia. By serving 12 of the southern-most counties, the wv hive network brings one- on-one assistance and advanced technology capabilities to markets typically undervalued.

205 South Kanawha StBeckley, WV 25801

www.wvhive.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.49x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.12x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

29th percentile

-5.9%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

11th percentile

-28%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-6.0%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$254,071

Down $153,656 (-38%) from 2022

Liabilities

Down

$124,019

Down $144,863 (-54%) from 2022

Net Assets

Down

$130,052

Down $8,793 (-6.3%) from 2022

Operations
Liabilities / Revenue72nd percentileNet Margin29th percentile

Revenue

Up

$995,297

Up $563,567 (+131%) from 2022

Expenses

Up

$1,053,850

Up $581,861 (+123%) from 2022

Net Income

Down

-$58,553

Down $18,294 (-45%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2021: $128,565Liabilities 2021: $2,368Net Assets 2021: $126,1972021Assets 2022: $407,727Liabilities 2022: $268,882Net Assets 2022: $138,8452022Assets 2024: $254,071Liabilities 2024: $124,019Net Assets 2024: $130,0522024

Highlighted filing

2024

Assets$254,071
Liabilities$124,019
Net Assets$130,052
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2021: $37,303Expenses 2021: $127,251Net Income 2021: -$89,9482021Revenue 2022: $431,730Expenses 2022: $471,989Net Income 2022: -$40,2592022Revenue 2024: $995,297Expenses 2024: $1,053,850Net Income 2024: -$58,5532024

Highlighted filing

2024

Revenue$995,297
Expenses$1,053,850
Net Income-$58,553
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$254,071
Liabilities
$124,019
Net assets
$130,052
Revenue
$995,297
Expenses
$1,053,850
Net income
-$58,553
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.12$0.13$1.00$1.05$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.27$0.14$0.43$0.47$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$0.04$0.13$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$995,297
Mission and Program Overview

Mission

The wv hive is positioned to help aspiring and existing business owners launch and grow successful businesses throughout southern west virginia. By serving 12 of the southern-most counties, the wv hive network brings one-on-one assistance and advanced technology capabilities to markets typically undervalued.

Our mission is to connect entrepreneurs with the resources and expertise they need to grow successful companies right here in the mountain state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$247,381$176,426▼ $70,955
Rtn Earn Endowment Incm Other Fnds$188,605$130,052▼ $58,553
Pledges and Grants Receivable$1,443$13,307▲ $11,864
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$354,671$254,071▼ $100,600
Other Assets Total$105,847$64,338▼ $41,509
Liabilities
Accounts Payable and Accrued Expenses$113,115$119,235▲ $6,120
Other Liabilities$52,951$4,784▼ $48,167
Total Liabilities$166,066$124,019▼ $42,047
Net Assets / Fund Balance
Total Net Assets Fund Balance$188,605$130,052▼ $58,553
Total Liabilities and Net Assets / Fund Balance$354,671$254,071▼ $100,600

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$6,147--
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Jina BelcherChairperson
Kent SpellmanVice-chairman
Chris FussellDirector
Jen WoodDirector
Jo HarrisDirector
Mike JarrellDirector
Ted KulaDirector
Tom ConwayDirector
Judy MooreExecutive Director
Katie LoudinSecretary-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$995,196
Investment Income
$101
Other Revenue
$0
Change in Net Assets
$-58,553

Audited Revenue Reconciliation

Revenue per Audited Statements
$995,297
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$995,297
Total Revenue per Form 990
$995,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$577,409
Other Expenses$476,441
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$461,479--$461,479
Other Expenses$352,128--$352,128
Payroll Taxes$115,930--$115,930
Advertising$75,999--$75,999
Travel$20,896--$20,896
Office Expenses$18,619--$18,619
Fees for Services Accounting-$8,414-$8,414
Conferences and Meetings$385--$385
Total Functional Expenses$1,045,436$8,414$0$1,053,850

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,053,850
Total Expenses per Audited Statements$1,053,850
Total Expenses per Form 990$1,053,850
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflow Resources-opeb$10,278
Deferred Inflow Resources-pensions$3,942
Net Pension Liability$-1,116
Net Opeb Liability$-8,320
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The executive director will review and approve before filing.”

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

“At regular board meetings any conflicts are presented, discussed, and acted upon.”

Form 990, Part VI, Section C, Line 18

“Documents are made available upon request if necessary and legal.”

Form 990, Part VI, Section C, Line 19

“Documents are made available upon request if necessary and legal.”

Filing and Contact Details

Filer

Filer Name
Wv Hive Network Inc
EIN
86-3097939
Phone
3044604483
Address
205 SOUTH KANAWHA ST, BECKLEY, WV 25801

Signing Officer

Name
Judy Moore
Title
President
Phone
3044604483
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Moore
Formed
2021
Legal Domicile
Wv
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
15

Preparer

Firm
RICHMOND & COMPANY CPA'S AC
Address
PO BOX 1204, BECKLEY, WV 25802-1204
Preparer
Rolfe a Richmond
Phone
3042527353
Raw XML Appendix388 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/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt037303
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02523428
IRS990ScheduleA/TotalSupportAmt02523529
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01053850
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt058191
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt16147
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOW OF RESOURCES-PENSI
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOW OF RESOURCES-OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-1116
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-8320
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23942
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt310278
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED INFLOW RESOURCES-PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED INFLOW RESOURCES-OPEB
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0995297
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt064338
IRS990ScheduleD/TotalExpensesPerForm990Amt01053850
IRS990ScheduleD/TotalLiabilityAmt04784
IRS990ScheduleD/TotalRevenuePerForm990Amt0995297
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0995297
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01053850
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR WILL REVIEW AND APPROVE BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT REGULAR BOARD MEETINGS ANY CONFLICTS ARE PRESENTED, DISCUSSED, AND ACTED UPON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE UPON REQUEST IF NECESSARY AND LEGAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST IF NECESSARY AND LEGAL.
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 C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/TotalAssetsBOYAmt0354671
IRS990/TotalAssetsEOYAmt0254071
IRS990/TotalAssetsGrp/BOYAmt0354671
IRS990/TotalAssetsGrp/EOYAmt0254071
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08414
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01045436
IRS990/TotalFunctionalExpensesGrp/TotalAmt01053850
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0166066
IRS990/TotalLiabilitiesEOYAmt0124019
IRS990/TotalLiabilitiesGrp/BOYAmt0166066
IRS990/TotalLiabilitiesGrp/EOYAmt0124019
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0188605
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0130052
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01045436
IRS990/TotalProgramServiceRevenueAmt0995196
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0101
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0995196
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0995297
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0354671
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0254071
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt020896
IRS990/TravelGrp/TotalAmt020896
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0205 SOUTH KANAWHA ST
IRS990/USAddress/CityNm0BECKLEY
IRS990/USAddress/StateAbbreviationCd0WV
IRS990/USAddress/ZIPCd025801
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.WVHIVE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUDY MOORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03044604483
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WV HIVE NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0WVHI
ReturnHeader/Filer/EIN0863097939
ReturnHeader/Filer/PhoneNum03044604483
ReturnHeader/Filer/USAddress/AddressLine1Txt0205 SOUTH KANAWHA ST
ReturnHeader/Filer/USAddress/CityNm0BECKLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd025801
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0550678792
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICHMOND & COMPANY CPA'S AC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BECKLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0258021204
ReturnHeader/PreparerPersonGrp/PhoneNum03042527353
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROLFE A RICHMOND
ReturnHeader/ReturnTs02025-05-15T13:23:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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