West Virginia Univ Foundation Inc: $137.2M Revenue, $153.4M Expenses
Morgantown, West Virginia · EIN 556017181 · Filing year 2023
West Virginia Univ Foundation Inc reported $137.2M in total revenue, $153.4M in total expenses, and $2.8B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $3.2M (2.30% of revenue). NonprofitTruth efficiency grade: D (40/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $137.2M
- Total Expenses
- $153.4M
- Total Assets
- $2.8B
- Reserve Months
- 221.1 months
- Surplus / (Deficit)
- $-16,212,769
- EIN
- 556017181
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $3.2M
- Officer Comp % of Revenue
- 2.30%
West Virginia Univ Foundation Inc pulls a D on the efficiency rubric. The composite of 40/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.
West Virginia Univ Foundation Inc is a large nonprofit by U.S. standards: $137.2M in 2023 revenue against $153.4M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Reserves are the limiting factor: West Virginia Univ Foundation Inc carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.
Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. Compensation for current officers and key employees runs $3.2M against $137.2M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. In the Education category, West Virginia Univ Foundation Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.
How West Virginia Univ Foundation Inc Compares
West Virginia Univ Foundation Inc earns a NonprofitTruth efficiency grade of D (40/100). That is 24 points below the Education category average. Compensation for current officers and key employees represents 2.30% of total revenue. The organization holds 221.1 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, West Virginia Univ Foundation Inc reported $137.2M in revenue against $153.4M in total functional expenses for filing year 2023, holding roughly 221.1 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $3.2M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 2.30% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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West Virginia Univ Foundation Inc has a NonprofitTruth Efficiency Score of D (40/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
West Virginia Univ Foundation Inc, Donor FAQ
West Virginia Univ Foundation Inc has a NonprofitTruth Efficiency Score of D (40/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
West Virginia Univ Foundation Inc reports $3.2M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 2.30% of the organization's $137.2M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
West Virginia Univ Foundation Inc reported $137.2M in annual revenue and $153.4M in total expenses for filing year 2023. The organization holds $2.8B in total assets.
West Virginia Univ Foundation Inc holds approximately 221.1 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its D efficiency grade.
West Virginia Univ Foundation Inc is a registered 501(c) organization with EIN 556017181, based in Morgantown, West Virginia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Education Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.