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West Virginia · Nonprofit

Advantage Valley Inc

Advantage Valley Inc (West Virginia) receives grants from 1 organization whose IRS filings report $303,101 to it, the largest being WEST VIRGINIA COMMUNITY DEVELOPMENT HUB INC ($303,101). 1 of them have funded it in more than one year.

Revenue FY2024
$1.2M
Funders on record
1
Grants received
$303k
Net assets
$16k
1/1 repeat funderspeak grant-dependency 4%
01What it does

What Advantage Valley Inc does

Mission

Grow economic opportunity for all residents of the Charleston-Huntington Metro area by increasing investments in the region, leveraging resources and building collaboration among community stakeholders.

As stated on its FY2024 Form 990.

Programs

  1. Business Retention: Working with our network of community economic development partners, Advantage Valley funds outreach to existing manufacturers to link them with resources to retain and grow their number of employees and revenues.

    $507,566 spent
    50% of program spending
  2. Entreprenuerial Development: Advantage Valley supports the startup and expansion of existing businesses by providing business coaching, entrepreneurial training, and access to capital.

    $406,605 spent
    40% of program spending
  3. Regional Marketing: Advantage Valley seeks to increase private investment in the region by: 1) identifying business expansion projects that will lead to job growth; 2) promoting Opportunity Zone properties and businesses that represent catalytic community revitalization projects; 3) recruiting talent to live and work in the region; and 4) raising awareness about the affordability and livability of the region.

    $70,623 spent
    7% of program spending
  4. Other program services

    $37,431 spent
    4% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,022,225.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($124k) Expenses 100 ($146k) Net assets 100 ($22k)2018 Revenue 225 ($278k) Expenses 170 ($249k) Net assets 233 ($51k)2019 Revenue 178 ($220k) Expenses 162 ($238k) Net assets 152 ($33k)2020 Revenue 345 ($427k) Expenses 266 ($390k) Net assets 321 ($71k)2021 Revenue 444 ($550k) Expenses 387 ($567k) Net assets 260 ($57k)2022 Revenue 755 ($935k) Expenses 682 ($999k) Net assets -8 ($-1676)2023 Revenue 1237 ($1.5M) Expenses 1039 ($1.5M) Net assets 339 ($75k)2024 Revenue 933 ($1.2M) Expenses 826 ($1.2M) Net assets 71 ($16k)
'17'18'19'20'21'22'23'24
Revenue (933)Expenses (826)Net assets (71)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $446k to $1.3M (+197%).

$22k
$64k
$48k
$74k
$264k
$219k
$446k
$1.3M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 87% · 2019 40% · 2020 42% · 2021 64% · 2022 66% · 2023 62% · 2024 72%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$23k
’17
$29k
’18
−$18k
’19
$37k
’20
−$17k
’21
−$64k
’22
$10k
’23
−$55k
’24
2.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Terrell Ellis

President & CEO

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed22212527263544
Joined·+3+9+4+5+9+13
No longer listed·452604
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
total
funders
1
1

From the IRS filings of Advantage Valley Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Advantage Valley Inc's grant income comes from West Virginia funders.

WV

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding Advantage Valley Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.6M on record.

Federal$6.6M
grants $6.6Mcontracts $0
20
21
23
24
Top agencies
  • Department of Commerce$4.8M
  • Appalachian Regional Commission$1.7M
  • Department of Agriculture$100k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Advantage Valley Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In West Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

44
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

WV

Part of a family of 1 related entity

  • Advantage Valley Community Developm · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Advantage Valley Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Advantage Valley Inc?
Advantage Valley Inc (West Virginia) receives grants from 1 organization whose IRS filings report $303,101 to it, the largest being WEST VIRGINIA COMMUNITY DEVELOPMENT HUB INC ($303,101). 1 of them have funded it in more than one year.
How many funders does Advantage Valley Inc have?
IRS filings report 1 organization giving $303,101 in grants to Advantage Valley Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Advantage Valley Inc?
WEST VIRGINIA COMMUNITY DEVELOPMENT HUB INC is the largest funder on record, with $303,101 in grants. The full list of funders is on this page.
How can an organization like Advantage Valley Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in West Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing