Form 990 for tax year 2024
Filed by APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC.
Totals
- Total revenue
- $1,966,579
- Total expenses
- $1,636,159
- Contributions and grants received
- $1,269,923
- Grants paid
- $0
- Program service revenue
- $692,499
- Investment income
- $4,157
- Other revenue
- $0
- Total assets, end of year
- $3,606,820
- Total liabilities, end of year
- $842,493
- Net assets or fund balances, end of year
- $2,764,327
- Program services expenses (Part IX)
- $1,508,668
- Management and general expenses
- $127,491
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,508,668
Program services were 92.2% 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.
-
1e · Government grants (contributions)
$1,127,199
-
1f · All other contributions, gifts and grants
$142,724
-
2a · Program service revenue: INCUBATOR SERVICES
total $525,036 · related or exempt $525,036
-
2b · Program service revenue: PASS THROUGH
total $126,110 · related or exempt $126,110
-
2c · Program service revenue: CONSULTING
total $41,285 · related or exempt $41,285
-
2d · Program service revenue: OTHER
total $68 · related or exempt $68
-
3 · Investment income
total $4,157 · related or exempt $4,157
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $83,200 · program services $58,590 · management and general $24,610
-
7 · Other salaries and wages
total $595,385 · program services $548,585 · management and general $46,800
-
8 · Pension plan contributions
total $12,744 · program services $11,406 · management and general $1,338
-
9 · Other employee benefits
total $150,556 · program services $134,747 · management and general $15,809
-
10 · Payroll taxes
total $57,522 · program services $51,482 · management and general $6,040
-
11c · Fees: accounting
total $13,074 · management and general $13,074
-
11g · Fees: other
total $130,963 · program services $130,963
-
13 · Office expenses
total $23,142 · program services $20,596 · management and general $2,546
-
17 · Travel
total $30,803 · program services $29,263 · management and general $1,540
-
20 · Interest
total $11,423 · program services $11,423
-
22 · Depreciation, depletion and amortization
total $176,379 · program services $176,379
-
24a · Other expenses: OTHERUTILITIESREPAIRS ETC
total $277,547 · program services $263,670 · management and general $13,877
-
24b · Other expenses: OTHER PROGRAM EXPENSES
total $14,895 · program services $14,895
-
24c · Other expenses: FACILITY
total $44,321 · program services $44,321
-
24d · Other expenses: SUPPLIES
total $11,294 · program services $10,165 · management and general $1,129
-
24e · All other expenses
total $2,911 · program services $2,183 · management and general $728
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $77,906 · end of year $523,662
-
3 · Pledges and grants receivable
beginning of year $253,783 · end of year $174,325
-
4 · Accounts receivable
beginning of year $74,924 · end of year $71,209
-
9 · Prepaid expenses and deferred charges
beginning of year $13,128 · end of year $4,356
-
10a · Land, buildings and equipment: cost or other basis
$5,963,332
-
10b · Land, buildings and equipment: accumulated depreciation
$3,144,000
-
10c · Land, buildings and equipment, net
beginning of year $2,589,423 · end of year $2,819,332
-
15 · Other assets
beginning of year $17,327 · end of year $13,936
-
17 · Accounts payable and accrued expenses
beginning of year $30,418 · end of year $39,792
-
23 · Secured mortgages and notes payable
beginning of year $454,508 · end of year $344,413
-
25 · Other liabilities
beginning of year $107,658 · end of year $458,288
-
27 · Net assets without donor restrictions
beginning of year $782,256 · end of year $1,112,676
-
28 · Net assets with donor restrictions
beginning of year $1,651,651 · end of year $1,651,651
Mission and programs · 2024
Mission
THE ORGANIZATION IS A COMMUNITY BASED ECONOMIC DEVELOPMENT ENTITY SERVING THE 32 COUNTIES OF APPALACHIA OHIO. ITS MISSION IS TO BUILD THE CAPACITY OF APPALACHIAN COMMUNITIES TO NETWORK, WORK TOGETHER AND INNOVATE TO CREATE A DYNAMIC SUSTAINABLE REGIONAL ECONOMY.
-
THE ORGANIZATION PROVIDED SPACE FOR OVER 40 SMALL BUSINESSES. IT ALSO PROVIDED TRAINING AND TECHNICAL EXPERTISE TO A BROAD RANGE OF SMALL BUSINESSES AND FARMERS.
Expenses $1,508,668 · Revenue $1,966,579
As filed on the 2024 return.
Listed in Part VII
-
Larry FisherLARRY FISHER
EXECUTIVE DIRECTOR
- Total calculated
- $85,696
- From this org
- $83,200
- From related orgs
- $0
- Other
- $2,496
- Hours/week
- 40
-
Mollie FitzgeraldMOLLIE FITZGERALD
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Laurie McKnightLAURIE MCKNIGHT
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Larry HessLARRY HESS
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Carrie ArnoldCARRIE ARNOLD
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Erin RennichERIN RENNICH
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Theressa KaneTHERESSA KANE
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Jennifer LoganJENNIFER LOGAN
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Caitlin McDanielCAITLIN MCDANIEL
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Amber SheeksAMBER SHEEKS
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Tara SlingerlandTARA SLINGERLAND
BD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
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
- 3 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513089349300841
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.