West Virginia University Innovation Corporation
Morgantown, West Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,493,034↓37% | $8,167,782↑66% | $57,398,686↓2% | — |
| 2022 | $2,370,971↓79% | $4,926,198↑12% | $58,745,858 | — |
| 2022 | $11,450,000↑93% | $4,408,606↓2% | $58,733,877↑1921% | — |
| 2021 | $5,942,099↑47% | $4,495,121↓16% | $2,905,835↓17% | — |
| 2020 | $4,046,281↓5% | $5,375,855↓4% | $3,495,085↓25% | — |
| 2019 | $4,275,131↑11% | $5,597,999↑8% | $4,654,420↑3% | — |
| 2018 | $3,837,215↑21% | $5,182,187↓2% | $4,513,331↓14% | — |
| 2017 | $3,182,657↑211% | $5,281,397↑106% | $5,243,648↑36% | — |
| 2016 | $1,023,519 | $2,559,274 | $3,863,406 | — |
Frequently Asked Questions
What does West Virginia University Innovation Corporation do?▼
West Virginia University Innovation Corporation is a science & technology nonprofit organization based in West Virginia. It is classified under NTEE code U99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is West Virginia University Innovation Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, West Virginia University Innovation Corporation has a score of 67/100 (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 West Virginia University Innovation Corporation generate?▼
West Virginia University Innovation Corporation reports $2.7M in annual revenue and holds $56.0M in total assets, based on IRS filings.
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