DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC

EIN 55-0725474 · Community Improvement & Capacity Building (S20Z)

What they do

-ATTRACT NATIONAL and INTERNATIONAL INVESTMENT: WEST VIRGINIA is BECOMING A LEADER IN THE WORLD MARKETPLACE, and IT DID NOT ARRIVE HERE BY ACCIDENT. THE FOUNDATION HAS A LONG and ACCOMPLISHED HISTORY of ATTRACTING NATIONAL and INTERNATIONAL INVESTMENT BY ELEVATING WEST VIRGINIAS STATURE IN THE GLOBAL BUSINESS ARENA. -RETAIN and EXPAND WEST VIRGINIA BUSINESSES: THE FOUNDATION is A STRATEGIC PARTNER for WEST VIRGINIA BUSINESSES. ITS PROGRAMS FOCUS ON PROVIDING WEST VIRGINIA BUSINESSES THE RESOURCES THEY NEED to GROW and SUCCEED IN TODAYS GLOBAL ECONOMY. -HIGHLIGHT ISSUES CRITICAL to ECONOMIC GROWTH: THE ORGANIZATION SEEKS to HIGHLIGHT ISSUES or TOPICS CRITICAL to ECONOMIC GROWTH and to FACILITATE ACTION AMONG STAKEHOLDERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $64.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

52.18%of revenue went to mission work64.5% of expenses · Program services

12.76%of revenue went to fundraising15.8% of expenses

$80.89spent for every $100 of revenueRevenue covered expenses this year.

15.95%of revenue went to management and office costs19.7% of expenses

$0.76in assets for every $1 spent this yearSome assets cannot be spent right away.

80.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $95,068 for SARA DEARING (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$223,964

Mission workProgram services$116,86252.18% of revenue64.5% of expenses

ManagementOffice and general costs$35,73215.95% of revenue19.7% of expenses

FundraisingAsking for donations$28,57312.76% of revenue15.8% of expenses

Revenue left after expensesReported annual surplus$42,79719.11% of revenueShown in gray on the chart

Total expenses$181,16780.89% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 64.5% mission · 19.7% management · 15.8% fundraisingTotal expenses: 80.89% of revenue

2023Expense mix: 57.5% mission · 23.0% management · 19.4% fundraisingTotal expenses: 96.10% of revenue

2022Expense mix: 59.0% mission · 22.2% management · 18.8% fundraisingTotal expenses: 111.59% of revenue

2021Expense mix: 59.0% mission · 23.4% management · 17.6% fundraisingTotal expenses: 109.19% of revenue

2020Expense mix: 55.2% mission · 23.7% management · 21.2% fundraisingTotal expenses: 93.13% of revenue

2019Expense mix: 60.6% mission · 19.4% management · 20.1% fundraisingTotal expenses: 100.92% of revenue

2018Expense mix: 64.4% mission · 18.1% management · 17.5% fundraisingTotal expenses: 73.08% of revenue

2017Expense mix: 15.1% mission · 84.9% management · 0.0% fundraisingTotal expenses: 116.35% of revenue

Money in and money out

Revenue$223,964

Expenses$181,167

Annual surplus $42,797 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$116,862 · 64.5% of expenses

Management and office costs$35,732 · 19.7% of expenses

Fundraising$28,573 · 15.8% of expenses

See all reported dollar amounts

Revenue$223,964

Expenses$181,167

Assets$137,513

Income$223,964

Contributions$179,500

Mission work (program services)$116,862

Fundraising$28,573

Management and general$35,732

Executive compensation (total)$73,500

Accounting fees$11,428

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SARA DEARINGEXECUTIVE DI · 40 hrs/week $95,068Base $73,500 · Other $21,568

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

SARA DEARINGEXECUTIVE DI

LOUIS WEISBERGDIRECTOR

WILLIAM D WILMOTHDIRECTOR

THOMAS A HEYWOOD ESQUIREDIRECTOR

STEVEN B HEDRICKDIRECTOR

RALPH H BAXTER JRDIRECTOR

PATRICK ROBERTSONPRESIDENT

MATTHEW BONDDIRECTOR

MARC A HALBRITTERDIRECTOR

ALBERT L WRIGHT JRDIRECTOR

LISA CHAMBERLIN STUMPDIRECTOR

JOSH SWORDDIRECTOR

JERRY MULLENSDIRECTOR

JASON S HARSHBARGERDIRECTOR

ELLEN S CAPPELLANTI ESQUIREDIRECTOR

DIANA LEWIS JACKSONSECRETARY

CRAIG W HARTZELLVICE PRESIDE

BRAD N HALLTREASURER

About this charity

Recognized since: January 1993
Location: 405 CAPITOL ST STE 512, CHARLESTON, WV 25301-1783
County: Kanawha
In care of: % SARA DEARING
Primary officer: SARA DEARING, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(304) 345-0700

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: SMITH COCHRAN & HICKS PLLC
NTEE classification: Community Improvement & Capacity Building (S20Z)
IRS tax category: Other Grantmaking and Giving Services