West Virginia Center On Budget And Policy Inc
- Assets
- $1.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Charleston, WV
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 56-2653132
Organization Overview
West Virginia Center On Budget And Policy Inc is located in Charleston, WV. The organization was established in 2007. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, West Virginia Center On Budget And Policy Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Virginia Center On Budget And Policy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, West Virginia Center On Budget And Policy Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $978.1k during the year ending 12/2021. While expenses have increased by 15.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NONPARTISAN RESEARCH AND POLICY ANALYSIS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATING STAKEHOLDERS, MEDIA, POLICY MAKERS, NON-PROFITS AND OTHER ORGANIZATIONS ABOUT TAX AND BUDGET ISSUES, RESEARCH AND ANALYSIS OF ECONOMIC POLICIES, RESEARCH ON WEST VIRGINIA'S ENERGY ECONOMY, RESEARCH ON UNEMPLOYMENT INSURANCE REFORM, HEALTH INSURANCE RESEARCH AND ADVOCACY, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Allen Executive Director | Officer | 40 | $85,000 |
Marybeth Beller Chair | OfficerTrustee | 1 | $0 |
Renate Pore Vice Chair | OfficerTrustee | 1 | $0 |
Karen Kunz Secretary & Treasurer | OfficerTrustee | 1 | $0 |
Gabrielle Chapman Director | Trustee | 1 | $0 |
Yvonne Lee Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,399,978 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,399,978 |
| Total Program Service Revenue | $47,369 |
| Investment income | $449 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,449,723 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,500 |
| Compensation of current officers, directors, key employees. | $7,435 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $319,904 |
| Pension plan accruals and contributions | $2,828 |
| Other employee benefits | $33,009 |
| Payroll taxes | $32,503 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,309 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $368,684 |
| Advertising and promotion | $0 |
| Office expenses | $9,940 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,749 |
| Travel | $29,664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,162 |
| All other expenses | $0 |
| Total functional expenses | $978,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $548,835 |
| Savings and temporary cash investments | $567,330 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,116,165 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $616,506 |
| Net assets with donor restrictions | $499,659 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,116,165 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that West Virginia Center On Budget And Policy Inc has recieved totaling $652,338.
| Awarding Organization | Amount |
|---|---|
Mary Reynolds Babcock Foundation Incorporated Winstonsalem, NC PURPOSE: GENERAL OPERATING | $200,000 |
Greater Kanawha Valley Foundation Charleston, WV PURPOSE: GENERAL SUPPORT | $179,000 |
Sixteen Thirty Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $125,000 |
Limestone Foundation Boston, MA PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Annie E Casey Foundation Baltimore, MD PURPOSE: PROVIDE GENERAL OPERATING SUPPORT | $30,000 |
Hopewell Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stand Together Foundation Arlington, VA | $244,539,252 | $260,533,997 |
Transportation Research Center Inc East Liberty, OH | $64,453,750 | $42,142,536 |
Nreca Research Arlington, VA | $5,324,315 | $13,693,671 |
Commonwealth Foundation For Public Policy Alternatives Harrisburg, PA | $4,571,108 | $7,295,526 |
Center For Effective Public Policy Kensington, MD | $14,990,522 | $715,106 |
Article Iv Arlington, VA | $2,283,410 | $6,371,750 |
National Institute For Public Policy Inc Fairfax, VA | $24,407,266 | $3,392,659 |
One Ohio United Inc Columbus, OH | $956,175 | $2,225,000 |
Veterans Education Success Inc Bethesda, MD | $4,542,087 | $3,336,791 |
West Virginia Center On Budget And Policy Inc Charleston, WV | $1,116,165 | $1,449,723 |
Defi Education Fund Alexandria, VA | $18,078,313 | $20,538,667 |
American Policy Center Inc Warrenton, VA | $46,740 | $848,251 |