Overview
What is Applied Research Foundation Of West Virginia Inc?
Applied Research Foundation of West Virginia Inc is a nonprofit organization headquartered in Bluefield, West Virginia. Established with charitable, educational, and scientific purposes in mind, its primary objective is to support and facilitate research and economic development activities that align with the educational objectives and mission of Bluefield State College. The foundation employs a team of 17 individuals, dedicated to fostering and promoting these initiatives. Their work aims to contribute positively to the educational sector and the broader community, leveraging research and economic growth to drive progress.
Official website here: www.bluefieldstate.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
The Applied Research Foundation of West Virginia Inc has received a low overall rating of 58%, primarily based on its accountability and finance metrics. This score reflects a significant lack of independent board members, which can raise concerns about governance and oversight. Despite having a full board size of ten, the absence of independent members affects its overall accountability score.
While the organization demonstrates strength in several areas, such as having a conflict of interest policy and maintaining accurate meeting minutes, there are notable weaknesses. The absence of essential policies, such as a whistleblower policy and document retention guidelines, detracts from its financial accountability. Furthermore, the charity's liabilities to assets ratio is concerning, indicating potential financial risks.
Overall, while the Applied Research Foundation of West Virginia Inc shows commitment in certain areas of governance, the low rating serves as a cautionary note for potential donors. The identified shortcomings may impact the organization's effectiveness and transparency, emphasizing the need for improvements in its financial and operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Applied Research Foundation Of West Virginia Inc legitimate?
Applied Research Foundation Of West Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Applied Research Foundation Of West Virginia Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,340
For more financial information, click here
Official website here: www.bluefieldstate.edu
What is the mission statement of Applied Research Foundation Of West Virginia Inc?
The Applied Research Foundation of West Virginia Inc is committed to fostering, supporting, participating in, and assisting in any research and economic development activities. This is done in alignment with the educational objectives and mission of Bluefield State College. The foundation operates as a non-profit organization, primarily focusing on charitable, educational, and scientific pursuits. Its aim is to contribute to research activities that further the goals of Bluefield State College.
Official website here: www.bluefieldstate.edu
Who is the CEO of Applied Research Foundation Of West Virginia Inc?
Robin Capehart is the President of Applied Research Foundation Of West Virginia Inc.
Official website here: www.bluefieldstate.edu
What is the revenue of Applied Research Foundation Of West Virginia Inc?
Applied Research Foundation Of West Virginia Inc's revenue in 2022 was $458,109.
Official website here: www.bluefieldstate.edu
Who are the executives of Applied Research Foundation Of West Virginia Inc and what are their salaries?
The average compensation at Applied Research Foundation Of West Virginia Inc during 2022 was $9,549. There are 17 employees and 1 volunteer at Applied Research Foundation Of West Virginia Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $245,613
- Other: $14,737
- Compensation: $0
- Related: $166,224
- Other: $19,539
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $45,616
- Other: $14,491
Official website here: www.bluefieldstate.edu
Where can I find the form 990 for Applied Research Foundation Of West Virginia Inc?
Applied Research Foundation Of West Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bluefieldstate.edu
Learn more at the official website: www.bluefieldstate.edu
Mission Statement of Applied Research Foundation Of West Virginia Inc
The Applied Research Foundation of West Virginia Inc is committed to fostering, supporting, participating in, and assisting in any research and economic development activities that align with the educational objectives and mission of Bluefield State College. This nonprofit organization is dedicated to operating as a charitable, educational, and scientific entity, with the primary goal of contributing to the advancement of research and economic development within the realm of education. By engaging in these activities, the Applied Research Foundation of West Virginia Inc seeks to further the goals and objectives of Bluefield State College, ultimately contributing to the broader educational landscape.
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Impact
July, 2024
The impact of the Applied Research Foundation of West Virginia Inc is centered around fostering, supporting, and participating in research and economic development activities to further the educational objectives and mission of Bluefield State College. Through its charitable, educational, and scientific endeavors, this organization plays a crucial role in advancing knowledge, innovation, and economic growth within the community. By facilitating research initiatives and supporting educational objectives, the foundation contributes to the overall academic excellence and development of Bluefield State College, thereby benefiting the students, faculty, and broader community.
This information is meant to be a general summary of Applied Research Foundation Of West Virginia Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $458,109
Assets and Liabilities:
- Total Assets: $229,926
- Total Liabilities: $225,263
- Net Assets: $4,663
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Organization Details
Founding Year
2019
Phone
(304) 327-4360Principal Officer
Robin Capehart
Main Address
1815 JEFFERSON STREET, BLUEFIELD, WV, 24701
Website
www.bluefieldstate.eduNTEE Category
Code: B05 - Education
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