Friends Of The Cheat Inc
- Assets
- $2.7m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 10
- Location
- Kingwood, WV
- Founding
- 12/1995
- Data as of
- 12/2023
- EIN
- 55-0739158
Organization Overview
Friends Of The Cheat Inc is located in Kingwood, WV. The organization was established in 1995. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2023, Friends Of The Cheat Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Cheat Inc 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 12/2023, Friends Of The Cheat Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RESTORE, PRESERVE AND PROMOTE THE OUTSTANDING NATURAL QUALITIES OF THE CHEAT RIVER WATERSHED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHEAT WATERSHED RESTORATION - RESTORATION OF STREAMS CONTAMINATED BY ACID MINE DRAINAGE POLLUTION IS THE ORGANIZATION'S PRIMARY FOCUS. IN 2013, FRIENDS OF THE CHEAT EXPANDED ITS SCOPE TO INCLUDE DIRECTLY MONITORING AND MAINTAINING ACID MINE DRAINAGE TREATMENT SYSTEMS AT BOND FORFEITURE SITES. THE ORGANIZATION CONTINUES TO REMEDIATE POLLUTION FROM ABANDONED MINE LANDS. THIS WORK INCLUDES STREAM MONITORING AND POLLUTION PRIORITIZATION, CONTRACT PROCUREMENT FOR ENGINEER PLANS OF TREATMENT SYSTEMS AND CONSTRUCTION OF SYSTEMS, PERMITTING, CONSTRUCTION OBSERVATION AND POST-CONSTRUCTION SYSTEM AND STREAM MONITORING.ENGINEERING PLANS FOR SEVERAL PROJECTS WERE IN VARIOUS STAGES OF DEVELOPMENT, INCLUDING THE UPPER MUDDY CREEK AND THE SOVERN TICHNELL SITE. PROGRESS WAS ALSO MADE ON NON-CONSTRUCTION PROJECTS INCLUDING WATERSHED BASED PLANNING AND TREATMENT SYSTEM EVALUATION PROJECTS.
RECREATION AND RIVER ACCESS - FRIENDS OF THE CHEAT MAINTAINS MANY WHITEWATER RIVER ACCESSES AND WORKS TO IMPLEMENT NON-MOTORIZED RAIL TRAILS IN PRESTON COUNTY. FRIENDS OF THE CHEAT ASSESSED WATER TRAIL ACCESS SITE NEEDS, EXECUTED SMALL IMPROVEMENTS AT SEVERAL SITES AND DEVELOPED INMFORMATIONAL MATERIALS.
FRIENDS OF THE CHEAT'S, INC. EDUCATION PROGRAM WORK INCLUDES REGULAR PRINT AND ONLINE PUBLICATIONS INCLUDING THE INTO THE CANYON NEWSLETTER AND STATE OF THE WATERSHED REPORT, AS WELL AS SPECIAL MATERIAL AND CURRICULA. EDUCATIONAL EVENTS AND WORKSHOPS ENGAGE PEOPLE OF ALL AGES AND ABILITIES IN OUTDOOR LEARNING EXPERIENCES, SUCH AS SNOKELING AND STREAM ASSESSMENTS, TO FOSTER ENVIRONMENTAL STEWARDSHIP AND AN APPREICATION FOR THE CHEAT RIVER WATERSHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda J Pitzer Executive Di | Officer | 40 | $55,877 |
Rick Chaney Board Member | Trustee | 1 | $0 |
Rich Dennis Board Chair | OfficerTrustee | 2.5 | $0 |
Zach Fowler Board Member | Trustee | 1 | $0 |
Sarah Hinnant Board Member | Trustee | 1 | $0 |
Ben Hogan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,173 |
| Related organizations | $0 |
| Government grants | $1,581,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $259,788 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,851,211 |
| Total Program Service Revenue | $0 |
| Investment income | $1,663 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $147,016 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,999,890 |
| 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. | $55,877 |
| Compensation of current officers, directors, key employees. | $42,376 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $207,581 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $111,046 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $67,061 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,932 |
| Advertising and promotion | $1,556 |
| Office expenses | $5,028 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,241 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $155 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,208 |
| Insurance | $8,611 |
| All other expenses | $24,497 |
| Total functional expenses | $1,404,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $558,978 |
| Savings and temporary cash investments | $44 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $166,913 |
| 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 | $14,861 |
| Net Land, buildings, and equipment | $2,001,611 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,742,407 |
| Accounts payable and accrued expenses | $86,536 |
| Grants payable | $0 |
| Deferred revenue | $185,534 |
| 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 | $62,935 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $335,005 |
| Net assets without donor restrictions | $2,287,402 |
| Net assets with donor restrictions | $120,000 |
| 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 | $2,742,407 |