BEducationEIN: 556023559· Ruling Year: 1962

Fairmont State Foundation Inc

Fairmont, West Virginia

B+Health Score
66B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org12.39×
Peer Median20.77×
💰
$2.1M
Total Revenue
📊
$3.1M
Total Expenses
🏦
$38.8M
Net Assets
📋
$429K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-36.8%
Year-over-year change (2022 → 2023)
Net Margin
-52.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.39
Net assets divided by total expenses
Liabilities-to-Assets
1.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,055,16537%$3,133,0541%$39,258,7103%
2022$3,252,54464%$3,094,9597%$38,139,38113%
2021$8,983,252121%$2,893,32510%$43,637,95125%
2020$4,067,49323%$2,633,3903%$35,036,8745%
2019$5,265,95541%$2,701,4431%$33,477,9469%
2018$3,735,02532%$2,728,47019%$30,585,9845%
2017$5,517,8778%$2,302,1678%$29,098,67821%
2016$5,969,71466%$2,141,1872%$24,126,5792%
2015$3,595,98725%$2,099,8518%$23,704,6364%
2014$2,880,99117%$1,949,25410%$22,708,61418%
2013$3,451,851125%$2,159,42820%$19,180,97514%
2012$1,534,239$1,801,187$16,897,103

Frequently Asked Questions

What does Fairmont State Foundation Inc do?

Fairmont State Foundation Inc is a education nonprofit organization based in West Virginia. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Fairmont State Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Fairmont State Foundation Inc has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Fairmont State Foundation Inc generate?

Fairmont State Foundation Inc reports $3.5M in annual revenue and holds $43.1M in total assets, based on IRS filings.

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Fairmont State Foundation Inc — Fairmont, WV | GiveScope