West Virginia Prosperity Group Inc
Nonprofit profile at a glance
- EIN
- 994900507
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Beverly, MA, USA
- Phone
- 6173036826
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,123,000
- Expenses
- $280,938
- Assets
- $854,062
- Liabilities
- $12,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- SCOTT WILL (DIRECTOR)
- ROB CORNELIUS (DIRECTOR)
- CHARLIE BAILEY (DIRECTOR)
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
West Virginia prosperity group is a section 501(c)(4) social welfare organization committed to the rule of law, pushing back against federal government overreach, improving west virginians' standard of living and advocating for conservative values. The organization seeks to advance our freedoms and help the people of our state prosper.
What it reported doing in 2024
Raised awareness surrounding the activities of West Virginia's state government through issue advocacy; identified potential candidates to staff the West Virginia government's executive branch; sponsored the inauguration of West Virginia governor patrick morrisey.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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: 38
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 85
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.4%; rating input score 20
- Program expense ratio: 81.6%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 75%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 3.04; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 20.4% of revenue deployed · 81.6% of spending went to programs
- Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $229K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 2 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization 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.
- High — Financial Efficiency: Mission deployment rate scored 20/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.