West Virginia Corrections Training Foundation
EIN: 454972366 · Moundsville, WV · NTEE: I12
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $119K |
| Net Assets | $-344 |
Is West Virginia Corrections Training Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About West Virginia Corrections Training Foundation
West Virginia Corrections Training Foundation (EIN: 454972366) is a nonprofit organization based in Moundsville, WV, classified under NTEE code I12. The organization reported total revenue of $121K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Virginia Corrections Training Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Virginia Corrections Training Foundation is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $119K |
| Surplus / Deficit | +$6K |
| Total Assets | $46K |
| Total Liabilities | $47K |
| Net Assets | $-344 |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 100.7% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, West Virginia Corrections Training Foundation reported a surplus of $6K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 100.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), West Virginia Corrections Training Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.5% | +53.4% | -5.7% |
| 2022 | +56.3% | +41.5% | +61.5% |
| 2021 | +1301.3% | +0.3% | +25.7% |
| 2020 | -95.2% | -56.5% | +65.8% |
| 2019 | -24.9% | +12.7% | -68.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West Virginia Corrections Training Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates West Virginia Corrections Training Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.7%.
Frequently Asked Questions about West Virginia Corrections Training Foundation
Is West Virginia Corrections Training Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, West Virginia Corrections Training Foundation (EIN: 454972366) insufficient data. 0 red flags identified, 0 strengths noted.
How does West Virginia Corrections Training Foundation spend its money?
Detailed spending breakdown data is not yet available for West Virginia Corrections Training Foundation. Check back for updated IRS 990 analysis.
Are donations to West Virginia Corrections Training Foundation tax-deductible?
West Virginia Corrections Training Foundation is registered as a tax-exempt nonprofit (EIN: 454972366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West Virginia Corrections Training Foundation located?
West Virginia Corrections Training Foundation is headquartered in Moundsville, West Virginia and files with the IRS under EIN 454972366. It is classified under NTEE code I12.
How many years of IRS 990 filings does West Virginia Corrections Training Foundation have?
West Virginia Corrections Training Foundation has 12 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 $121K in total revenue.
Filing History
IRS 990 filing history for West Virginia Corrections Training Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), West Virginia Corrections Training Foundation's revenue has grown by 94.3%, moving from $64K to $124K. Total assets increased by 5.8% over the same period, from $44K to $46K. Total functional expenses rose by 489.3%, from $20K to $119K. In its most recent filing year (2023), West Virginia Corrections Training Foundation reported a surplus of $6K, with revenue exceeding expenses. The organization holds $47K in liabilities against $46K in assets (debt-to-asset ratio: 100.7%), resulting in net assets of $-344.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $119K | $46K | $47K | — | View 990 |
| 2022 | $99K | $77K | $49K | $55K | — | View 990 |
| 2021 | $63K | $55K | $30K | $57K | — | View 990 |
| 2020 | $5K | $55K | $24K | $60K | — | — |
| 2019 | $94K | $125K | $15K | $0 | — | View 990 |
| 2018 | $125K | $111K | $46K | $0 | — | View 990 |
| 2017 | $88K | $124K | $32K | $0 | — | View 990 |
| 2016 | $117K | $120K | $69K | $0 | — | View 990 |
| 2015 | $146K | $119K | $72K | $0 | — | View 990 |
| 2014 | $156K | $141K | $45K | $0 | — | View 990 |
| 2013 | $102K | $116K | $30K | $0 | — | View 990 |
| 2012 | $64K | $20K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $119K, and assets of $46K (revenue +25.5% year-over-year).
- 2022: Revenue of $99K, expenses of $77K, and assets of $49K (revenue +56.3% year-over-year).
- 2021: Revenue of $63K, expenses of $55K, and assets of $30K (revenue +1301.3% year-over-year).
- 2020: Revenue of $5K, expenses of $55K, and assets of $24K (revenue -95.2% year-over-year).
- 2019: Revenue of $94K, expenses of $125K, and assets of $15K (revenue -24.9% year-over-year).
- 2018: Revenue of $125K, expenses of $111K, and assets of $46K (revenue +42.6% year-over-year).
- 2017: Revenue of $88K, expenses of $124K, and assets of $32K (revenue -24.9% year-over-year).
- 2016: Revenue of $117K, expenses of $120K, and assets of $69K (revenue -20.2% year-over-year).
- 2015: Revenue of $146K, expenses of $119K, and assets of $72K (revenue -6.1% year-over-year).
- 2014: Revenue of $156K, expenses of $141K, and assets of $45K (revenue +52.5% year-over-year).
- 2013: Revenue of $102K, expenses of $116K, and assets of $30K (revenue +59.6% year-over-year).
- 2012: Revenue of $64K, expenses of $20K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Virginia Corrections Training Foundation:
Data Sources and Methodology
This transparency report for West Virginia Corrections Training Foundation 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.