Overview

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Est.

1996

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Advantage Valley Inc is a nonprofit organization focused on enhancing economic opportunities for residents of the Charleston-Huntington Metro area by fostering investments, leveraging resources, and promoting collaboration among community stakeholders. With an operating budget of $1.1 million and total revenue of $1.2 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.advantagevalley.com.

Mission Statement

Grow economic opportunity for all residents of the Charleston-Huntington Metro area by increasing investments in the region, leveraging resources and building collaboration among community stakeholders.
Revenues
$1.2M
Expenses
$1.2M
Net Income:
-$55.3K
Assets
$1.3M
Liabilities
$1.3M
Net Assets:
+$15.7K
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$248.2K
Largest grant received
$248.2K
T
Terrell Ellis
Board Member
J
John Stump
Board Member
W
Wayne Morgan
Board Member

Frequently Asked Questions

What is Advantage Valley Inc’s budget?
In 2024, Advantage Valley Inc reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does Advantage Valley Inc support?
Advantage Valley Inc supports work in Business and industry.
Where does Advantage Valley Inc operate?
Advantage Valley Inc is headquartered in Charleston, WV.
Who funded Advantage Valley Inc recently?
In 2024, Advantage Valley Inc received grants from WEST VIRGINIA COMMUNITY DEVELOPMENT HUB INC and WEST VIRGINIA COMMUNITY DEVELOPMENT HUB INC. More information on this organization’s funders is available to registered users.
What is the largest grant Advantage Valley Inc received in 2024?
The largest grant to Advantage Valley Inc in 2024 exceeds $248 thousand.
What is Advantage Valley Inc’s reliance on government grants?
Advantage Valley Inc relied on government grants for more than 70% of their total revenue in 2024.