Ronceverte Development Corporation

Nonprofit profile at a glance

EIN: 900161831
IRS 990-EZ coverage: 2011–2020
Forms available: Form 990 2012, Form 990-EZ 2020
Location: Ronceverte, WV, USA
Phone: 3046473140
Rating confidence: Limited
Sector: Chambers of Commerce & Business Leagues

Reported finances

Revenue: $95,729
Expenses: $181,017
Assets: $107,750
Liabilities: $42,907

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

Kathy King (President)
Joe McGraw (Vice President)

People named in this filing

Rebecca Meriwether (Treasurer)
Kathy King (President)
Gail White (Secretary)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Ronceverte Development Corporation (RDC) was established in 2005, to enhance business development in the main street district of Ronceverte. RDC utilizes grants, contributions and talents of the town to provide improvement, growth and development for the 1500 or more citizens.

What it reported doing in 2020

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

Financial Efficiency: NotEnoughData
Transparency & Controls: 82
Sustainability: 22
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: Limited
Program expense ratio: Limited

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -89.1%; rating input score 14; 14th percentile among comparable filings
Total-asset coverage ratio: 0.6; rating input score 24; 24th percentile among comparable filings
Liabilities to assets ratio: 0.4; rating input score 13; 13th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: 2.4% per year; rating input score 100; 75th percentile among comparable filings
Asset growth: -16.6% per year; rating input score 0; 11th percentile among comparable filings

Details

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment
Leadership: top reported pay $0 · 4 people listed
Consistency: 7 of 7 current checks pass
Schedules: 1 filed schedules
Filing history: 9 filing years from 2011 to 2020
Contacts: How to reach this organization
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

High — Sustainability: Operating margin scored 14/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 24/100.
High — Sustainability: Liabilities to assets ratio scored 13/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.