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West Virginia · Nonprofit

FRIENDS OF THE CHEAT INC

FRIENDS OF THE CHEAT INC (West Virginia) receives grants from 24 organizations whose IRS filings report $897,773 to it, the largest being CLAUDE WORTHINGTON BENEDUM FOUNDATION ($125,000). 13 of them have funded it in more than one year.

Revenue FY2024
$2.5M
Funders on record
24
Grants received
$898k
Net assets
$2.7M
13/24 repeat funderspeak grant-dependency 10%
01What it does

What Friends of the Cheat Inc does

Mission

To restore, preserve and promote the outstanding natural qualities of the cheat river watershed.

As stated on its FY2024 Form 990.

Programs

  1. Cheat watershed restoration - restoration of streams contaminated by acid mine drainage pollution is the organization's primary focus. In 2013, friends of the cheat expanded its scope to include directly monitoring and maintaining acid mine drainage treatment systems at bond forfeiture sites. The organization continues to remediate pollution from abandoned mine lands. This work includes stream monitoring and pollution prioritization, contract procurement for engineer plans of treatment systems and construction of systems, permitting, construction observation and post-construction system and stream monitoring.engineering plans for several projects were in various stages of development, including the upper muddy creek and the sovern tichnell site. Progress was also made on non-construction projects including watershed based planning and treatment system evaluation projects.

    $1,420,173 spent
    74% of program spending
  2. Recreation and river access - friends of the cheat maintains many whitewater river accesses and works to implement non-motorized rail trails in preston county. Friends of the cheat assessed water trail access site needs, executed small improvements at several sites and developed inmformational materials.

    $444,493 spent
    23% of program spending
  3. Friends of the cheat's, inc. Education program work includes regular print and online publications including the into the canyon newsletter and state of the watershed report, as well as special material and curricula. Educational events and workshops engage people of all ages and abilities in outdoor learning experiences, such as snokeling and stream assessments, to foster environmental stewardship and an appreication for the cheat river watershed.

    $42,351 spent
    2% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,907,017.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($691k) Expenses 100 ($721k) Net assets 100 ($273k)2018 Revenue 119 ($822k) Expenses 114 ($819k) Net assets 101 ($277k)2019 Revenue 89 ($618k) Expenses 75 ($541k) Net assets 130 ($354k)2020 Revenue 236 ($1.6M) Expenses 205 ($1.5M) Net assets 184 ($502k)2021 Revenue 204 ($1.4M) Expenses 157 ($1.1M) Net assets 286 ($781k)2022 Revenue 277 ($1.9M) Expenses 122 ($882k) Net assets 664 ($1.8M)2023 Revenue 289 ($2.0M) Expenses 195 ($1.4M) Net assets 882 ($2.4M)2024 Revenue 367 ($2.5M) Expenses 310 ($2.2M) Net assets 991 ($2.7M)
'17'18'19'20'21'22'23'24
Revenue (367)Expenses (310)Net assets (991)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $892k to $2.4M (+165%).

$315k
$441k
$382k
$799k
$892k
$2.4M
$2.7M
$2.9M
'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: 2017 77% · 2018 78% · 2019 56% · 2020 83% · 2021 75% · 2022 72% · 2023 79% · 2024 84%. Grants only. Government contracts and fees sit inside program revenue.

95% of FRIENDS OF THE CHEAT INC’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).

This organization
Typical peer · 2,293 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

−$30k
’17
$4k
’18
$77k
’19
$148k
’20
$279k
’21
$1.0M
’22
$595k
’23
$297k
’24
3.1
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.

Board chair

Rich Dennis

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1414131111131313
Joined·+2+1+1+0+2+0+1
No longer listed·2230001
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 7 funders, grant income rose $27k → $50k.

9 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF THE CHEAT 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.

How concentrated its funding is

FRIENDS OF THE CHEAT INC has a broad base — no single funder exceeds 14% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

46% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF THE CHEAT INC.

14%
largest funder
38%
top three
~12
effective funders

Largest funder’s share by year: 2017 57% · 2018 100% · 2019 68% · 2020 61% · 2021 43% · 2022 36% · 2023 42% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.

How long its funders stay

36% of FRIENDS OF THE CHEAT INC's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

FRIENDS OF THE CHEAT INC draws 82% of its grant income from funders outside West Virginia, across 6 states in all.

VT
MI
PA
WV
DC
GA

In-state vs out-of-state, by year

’17
’19
’20
’21
’22
’23
West Virginia out of state home

Funder states come from each funder’s own filing. $254k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

Against its field

FRIENDS OF THE CHEAT INC runs a healthier operating margin than half of the 2,186 environment nonprofits its size.

Operating margin12% · above the median
Months of reserve3.1mo · below the median
Revenue growth (annualized)20% · above the median

this organization peer median middle 50% of peers· 2,186 environment nonprofits $1M–$10M, FY2024

Government funding FRIENDS OF THE CHEAT INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.7M on record.

Federal$1.7M
grants $1.7Mcontracts $0
19
20
21
22
23
Top agencies
  • Department of the Interior$1.7M
  • Appalachian Regional Commission$50k
  • Department of Agriculture$15k

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 FRIENDS OF THE CHEAT 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

85% of spending goes to programs.

Program 85%Management 12%Fundraising 3%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WV

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF THE CHEAT 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 FRIENDS OF THE CHEAT INC?
FRIENDS OF THE CHEAT INC (West Virginia) receives grants from 24 organizations whose IRS filings report $897,773 to it, the largest being CLAUDE WORTHINGTON BENEDUM FOUNDATION ($125,000). 13 of them have funded it in more than one year.
How many funders does FRIENDS OF THE CHEAT INC have?
IRS filings report 24 organizations giving $897,773 in grants to FRIENDS OF THE CHEAT INC, 13 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF THE CHEAT INC?
CLAUDE WORTHINGTON BENEDUM FOUNDATION is the largest funder on record, with $125,000 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF THE CHEAT 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 24 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