Overview

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Est.

1996

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

Advantage Valley Inc is a business and industry nonprofit focused on growing economic opportunity for residents of the Charleston-Huntington Metro area by increasing regional investment and building collaboration among community stakeholders. In filing year 2024, it reported an operating budget of $1.1M and total revenue of $1.2M, with WEST VIRGINIA COMMUNITY DEVELOPMENT HUB INC listed as its top funder at $303.1K.

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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.

Cause Areas

1
Business and industry
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Financials

2024
Revenues
$1.2M
Expenses
$1.2M
Net Income:
-$55.3K
Assets
$1.3M
Liabilities
$1.3M
Net Assets:
+$15.7K

Financial Trends

2024
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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Top Funders

Funder
Total Funding
Funding Share
WEST VIRGINIA COMMUNITY DEVELOPMENT HUB INC
Charleston, WV, US
$303.1K
16%

Grants Received

2024
Total No. of Grants
1
Median grant size
$248.2K
Largest grant received
$248.2K

Board & Team

T
Terrell Ellis
Board Member
J
John Stump
Board Member
W
Wayne Morgan
Board Member
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  • 1 funders
  • 67 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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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.