Beckley Raleigh County Conventioncenter Inc
Beckley Raleigh County Conventioncenter Inc. maintains stable operations with consistent revenue and expenses, reporting no officer compensation.
EIN: 205163045 · Beckley, WV · NTEE: W99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| Net Assets | $744K |
| Transparency Score | 80/100 |
Is Beckley Raleigh County Conventioncenter Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beckley Raleigh County Conventioncenter Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beckley Raleigh County Conventioncenter Inc
Beckley Raleigh County Conventioncenter Inc (EIN: 205163045) is a nonprofit organization based in Beckley, WV, classified under NTEE code W99. The organization reported total revenue of $1.4M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beckley Raleigh County Conventioncenter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beckley Raleigh County Conventioncenter Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-44,982 |
| Total Assets | $2.4M |
| Total Liabilities | $1.6M |
| Net Assets | $744K |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 68.7% |
| Months of Reserves | 21.2 months |
Financial Health Grade: C
In 2023, Beckley Raleigh County Conventioncenter Inc reported a deficit of $45K with expenses exceeding revenue, holds 21.2 months of operating reserves (strong position), has a debt-to-asset ratio of 68.7% (high leverage).
Financial Trends
Over 13 years of filings (2012–2023), Beckley Raleigh County Conventioncenter Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.6% | +3.8% | -0.3% |
| 2022 | -3.3% | +42.6% | -7.3% |
| 2021 | +90.0% | +20.3% | +17.8% |
| 2020 | -51.5% | -41.7% | -6.9% |
| 2019 | +5.0% | -7.9% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Beckley Raleigh County Conventioncenter Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Beckley Raleigh County Conventioncenter Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated by a related entity, or that the organization operates with a volunteer-based executive structure, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Beckley Raleigh County Conventioncenter Inc's IRS 990 filings:
- Consistent net operating losses in several recent periods (e.g., 202312: Expenses $1,348,206 > Revenue $1,303,224; 202212: Expenses $1,298,420 > Revenue $1,211,119), indicating reliance on other funding sources or accumulated reserves.
- High liabilities relative to assets, with liabilities often exceeding 60% of total assets (e.g., 202312: Liabilities $1,635,414 / Assets $2,379,005 = 68.7%).
Strengths
The following positive indicators were identified for Beckley Raleigh County Conventioncenter Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
- Stable asset base over time, suggesting good stewardship of physical and financial resources.
- Long history of IRS 990 filings (13 filings), demonstrating a commitment to transparency and compliance.
- Consistent operational activity and revenue generation, indicating a stable demand for its services.
Frequently Asked Questions about Beckley Raleigh County Conventioncenter Inc
Is Beckley Raleigh County Conventioncenter Inc a legitimate charity?
Beckley Raleigh County Conventioncenter Inc (EIN: 205163045) is a registered tax-exempt nonprofit based in West Virginia. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Beckley Raleigh County Conventioncenter Inc spend its money?
Beckley Raleigh County Conventioncenter Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Beckley Raleigh County Conventioncenter Inc tax-deductible?
Beckley Raleigh County Conventioncenter Inc is registered as a tax-exempt nonprofit (EIN: 205163045). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Beckley Raleigh County Conventioncenter Inc's spending goes to programs?
Beckley Raleigh County Conventioncenter Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Beckley Raleigh County Conventioncenter Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Beckley Raleigh County Conventioncenter Inc is above average for NTEE category W99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Beckley Raleigh County Conventioncenter Inc located?
Beckley Raleigh County Conventioncenter Inc is headquartered in Beckley, West Virginia and files with the IRS under EIN 205163045. It is classified under NTEE code W99.
How many years of IRS 990 filings does Beckley Raleigh County Conventioncenter Inc have?
Beckley Raleigh County Conventioncenter Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
How does Beckley Raleigh County Conventioncenter Inc. manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be volunteer-based, compensated by a related governmental or private entity, or that the organization's structure does not include paid officers in the traditional sense reported on Form 990.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided data indicates overall revenues and expenses, a detailed functional expense breakdown (program, administrative, fundraising) is not available in the summary. This information would typically be found in Part IX of the IRS Form 990.
Given the liabilities are consistently high relative to assets, what is the nature of these liabilities?
The liabilities, consistently around $1.6 million to $1.7 million against assets of $2.2 million to $2.5 million, suggest significant debt, likely related to the convention center's property, plant, and equipment. Further analysis of the balance sheet in the full 990 would clarify the nature of these liabilities (e.g., mortgages, bonds).
Filing History
IRS 990 filing history for Beckley Raleigh County Conventioncenter Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Beckley Raleigh County Conventioncenter Inc's revenue has declined by 34.1%, moving from $2.0M to $1.3M. Total assets increased by 106% over the same period, from $1.2M to $2.4M. Total functional expenses fell by 30.4%, from $1.9M to $1.3M. In its most recent filing year (2023), Beckley Raleigh County Conventioncenter Inc reported a deficit of $45K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $2.4M in assets (debt-to-asset ratio: 68.7%), resulting in net assets of $744K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $2.4M | $1.6M | — | — |
| 2022 | $1.2M | $1.3M | $2.4M | $1.6M | — | View 990 |
| 2021 | $1.3M | $911K | $2.6M | $1.7M | — | — |
| 2020 | $659K | $757K | $2.2M | $1.6M | — | View 990 |
| 2019 | $1.4M | $1.3M | $2.3M | $1.7M | — | View 990 |
| 2018 | $1.3M | $1.4M | $2.5M | $1.9M | — | View 990 |
| 2017 | $810K | $614K | $2.4M | $1.7M | — | View 990 |
| 2017 | $1.0M | $1.1M | $2.5M | $2.0M | — | View 990 |
| 2016 | $1.2M | $1.2M | $830K | $253K | — | View 990 |
| 2015 | $1.3M | $1.4M | $879K | $232K | — | View 990 |
| 2014 | $1.4M | $1.5M | $975K | $237K | — | View 990 |
| 2013 | $1.7M | $1.7M | $1.1M | $278K | — | View 990 |
| 2012 | $2.0M | $1.9M | $1.2M | $269K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $2.4M (revenue +7.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.3M, and assets of $2.4M (revenue -3.3% year-over-year).
- 2021: Revenue of $1.3M, expenses of $911K, and assets of $2.6M (revenue +90.0% year-over-year).
- 2020: Revenue of $659K, expenses of $757K, and assets of $2.2M (revenue -51.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $2.3M (revenue +5.0% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $2.5M (revenue +60.1% year-over-year).
- 2017: Revenue of $810K, expenses of $614K, and assets of $2.4M (revenue -22.7% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $2.5M (revenue -10.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $830K (revenue -8.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $879K (revenue -6.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.5M, and assets of $975K (revenue -17.4% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $1.1M (revenue -16.2% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.9M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beckley Raleigh County Conventioncenter Inc:
Data Sources and Methodology
This transparency report for Beckley Raleigh County Conventioncenter Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.