Glenville State College Research Corporation
- Assets
- $168.0k
- Revenue
- $48.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenville, WV
- Founding
- 07/1992
- Data as of
- 06/2022
- EIN
- 55-0713410
Organization Overview
Glenville State College Research Corporation is located in Glenville, WV. The organization was established in 1992. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glenville State College Research Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Glenville State College Research Corporation generated $48.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $89.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (23.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FACILITATE AND ENHANCE GRANT AND RESEARCH OPPORTUNITIES FOR GLENVILLE STATE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLENVILLE STATE COLLEGE RESEARCH CORPORATION PROVIDED GRANT AND RESEARCH SUPPORT TO GLENVILLE STATE COLEGE IN FURTHERANCE OF ITS EDUCATIONAL OBJECTIVES AND MISSION INCLUDING THE FOLLOWING ACTIVITIES:RURAL COMMUNITY DEVELOPMENT INITIATIVE - EDUCATED VARIOUS STAKEHOLDERS ON FUNDING OPPORTUNITIES, PARTNER AGENCIES, AND BUSINESS DEVELOPMENT OPPORTUNITIES.IMPROVING TEACHER QUALITY - WORKED WITH AND TRAINED SECONDARY SCHOOL TEACHERS IN MATH, REATDING, SCIENCE AND WRITING CURRICULUMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Hutchinson President | OfficerTrustee | 2 | $0 |
Leslie Mason Director | OfficerTrustee | 2 | $0 |
Bert Jedamski Treasurer | OfficerTrustee | 2 | $0 |
Gary Morris Vice President | OfficerTrustee | 2 | $0 |
Teresa Sterns Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $48,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,750 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $912 |
| Advertising and promotion | $0 |
| Office expenses | $581 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,445 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,124 |
| Insurance | $11,804 |
| All other expenses | $0 |
| Total functional expenses | $89,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$21,086 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,866 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $172,264 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $168,044 |
| Accounts payable and accrued expenses | $34,866 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $720,559 |
| Total liabilities | $755,425 |
| Net assets without donor restrictions | -$587,381 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $168,044 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Council On The Teaching Of Foreign Languages Inc Alexandria, VA | $24,618,509 | $11,102,489 |
Central Kentucky Japanese School Inc Lexington, KY | $4,784,822 | $417,989 |
Newport News Japanese School Inc Newport News, VA | $148,460 | $0 |
Glenville State College Research Corporation Glenville, WV | $168,044 | $48,445 |
Rockville Chinese School Inc Bethesda, MD | $120,148 | $59,497 |