Morgantown Community Resources

Nonprofit profile at a glance

EIN
842497312
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2019
Location
Morgantown, WV, USA
Phone
3044130094
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public, Society Benefit N.E.C.

Official website

Reported finances

Revenue
$2,547,611
Expenses
$939,744
Assets
$12,368,783
Liabilities
$110,512

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • DAVID GOLDBERG (PRESIDENT)
  • MARK NESSELROAD (VICE PRESIDENT)

People named in this filing

  • DAVID GOLDBERG (PRESIDENT)
  • MARK NESSELROAD (VICE PRESIDENT)
  • RONALD JUSTICE (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the social welfare of the morgantown, West Virginia area by improving inter-charity communication, collaboration, and coordination through providing affordable space in which a variety of local charities may base their operations.

What it reported doing in 2024

Morgantown community resources (mcr) is a non-profit, tax exempt corporation whose purpose is 1) to develop, own, and operate a modern, centralized facility in morgantown to house social service agencies that serve the most vulnerable populations in morgantown, monongalia county, and adjoining counties with emphasis initially on shelter for the homeless, feeding programs, and a sobriety center and 2) to grow to include addiction support groups, character building programs, employment services, and partnerships with other non-profit organizations that directly address and assist individuals suffering from homelessness and/or substance abuse disorder.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 86
  • Accountability: 76
  • Sustainability: 93
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.1%; rating input score 36
  • Program expense ratio: 97.2%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 63.1%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 13.16; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 86; 86th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 41.3% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -15.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 23.4% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 36.1% of revenue deployed · 97.2% of spending went to programs
  • Governance: 8 of 8 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $913K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.