Form 990 for tax year 2024
Filed by CARDINAL INSTITUTE FOR WEST VIRGINIA POLICY INC.
Totals
- Total revenue
- $1,054,352
- Total expenses
- $1,029,153
- Contributions and grants received
- $1,030,910
- Grants paid
- $2,000
- Program service revenue
- $0
- Investment income
- $21,008
- Other revenue
- $2,434
- Total assets, end of year
- $903,122
- Total liabilities, end of year
- $29,956
- Net assets or fund balances, end of year
- $873,166
- Program services expenses (Part IX)
- $661,279
- Management and general expenses
- $162,192
- Fundraising expenses
- $205,682
- Program service expenses (Part III)
- $661,279
Program services were 64.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,030,910
-
4 · Income from investment of tax-exempt bond proceeds
total $21,008 · excluded $21,008
-
11a · Other revenue: Credit Card Cashback
total $2,434 · excluded $2,434
-
11e · Other revenue, total
$2,434
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,000 · program services $2,000
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $120,010 · program services $98,408 · management and general $7,201 · fundraising $14,401
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $327,664 · program services $270,653 · management and general $19,928 · fundraising $37,083
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $18,976 · program services $15,128 · management and general $1,212 · fundraising $2,636
-
10 · Payroll taxes
total $37,558 · program services $30,112 · management and general $2,308 · fundraising $5,138
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,113 · program services $1,994 · management and general $119
-
11c · Fees: accounting
total $46,975 · program services $13,795 · management and general $30,834 · fundraising $2,346
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $21,371 · program services $13,183 · management and general $1,993 · fundraising $6,195
-
12 · Advertising and promotion
total $66,736 · program services $62,220 · management and general $648 · fundraising $3,868
-
13 · Office expenses
total $117,729 · program services $50,312 · management and general $31,191 · fundraising $36,226
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $18,989 · program services $397 · management and general $18,576 · fundraising $16
-
17 · Travel
total $75,186 · program services $35,025 · management and general $28,634 · fundraising $11,527
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $67,688 · program services $3,703 · management and general $1,724 · fundraising $62,261
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $3,558 · management and general $3,558
-
24a · Other expenses: Research Consultants
total $84,505 · program services $63,792 · management and general $11,062 · fundraising $9,651
-
24b · Other expenses: Continuing Education / Employee Awards
total $1,884 · management and general $1,884
-
24c · Other expenses: Fundraising
total $14,857 · program services $557 · fundraising $14,300
-
24d · Other expenses: Miscellaneous
total $1,354 · management and general $1,320 · fundraising $34
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $800,921 · end of year $582,291
-
4 · Accounts receivable
beginning of year $9,250 · end of year $257,500
-
9 · Prepaid expenses and deferred charges
beginning of year $3,200 · end of year $5,637
-
15 · Other assets
beginning of year $57,694 · end of year $57,694
-
17 · Accounts payable and accrued expenses
beginning of year $23,098 · end of year $29,956
-
27 · Net assets without donor restrictions
beginning of year $847,967 · end of year $873,166
Mission and programs · 2024
Mission
Founded in 2014, the Cardinal Institute for West Virginia Policy, Inc.is a 501c3 non-profit dedicated to researching, developing, and communicating effective free-market public policies for West Virginia.
-
Dignity Project to better enable individuals to enter the workforce
Expenses $101,475
-
Education Reform to ensure every child has access to an appropriateeducation regardless of family circumstances
Expenses $394,498 · Grants $2,000
-
Policy Analysis to analyze public policies put forth in West Virginiaand evaluate their impact on the state
Expenses $163,662
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Garrett Ballengee
President / CEO
- Total calculated
- $120,010
- From this org
- $120,010
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kelvin Upson
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Melanie Hildreth
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Karen Bailey-Chapman
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Kimble
Vice-Chair
- Total calculated
- $0
- Hours/week
- 1
-
William P Cole III
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ed Gaunch
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jim Shaffer
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 August 2025
- IRS schema version
- 2024v5.2
- Source object
- 202542239349300924
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