Applicant Details & Scoring
ARC State Program Manager Comments
Total Qualifying Score: 8
County (ARC Region): Yes
State (ARC Region): Yes
Q3. IRS Status: Nonprofit – 2
Q4. Parent Entity: No – 1
Q5. 2 or More Full-Time Employees : Yes (as of 12/31/2019)
Q7. Budget Level: $250,001 to $1.5 million – 5 (Last Fiscal Year Actual Income)
Q8. Restricted Reserves: Yes – 0
Q9. CARES Act Funding:
Q13. Participation by Executive: Yes
CONTACT & LOCATION INFORMATION
County (ARC Region) Preston
State (ARC Region) West Virginia
ORGANIZATIONAL & FINANCIAL INFORMATION
Friends of the Cheat’s mission is to restore, preserve, and promote the outstanding natural qualities of the Cheat River watershed.
Q2. How organization aligns with ARC’s Plan & Goals:
Friends of the Cheat strengthens our community and economic development by leveraging our regions natural heritage assets – this is a core element of our mission. FOC maintains 5 public access points to the Cheat River, and another 9 through the Cheat River Water Trail, which we sponsor. FOC raises funds yearly to keep access roads open and passable for local and visiting paddlers. FOC is also nearing the contraction phase of the 8 mile Cheat River Rail-Trail, which will help to stimulate economic growth in our surrounding area.
Q3. IRS Filing Status: 501(c)(3)
Q4. Unit or Chapter of Larger Organization: No
Full-Time/Part-Time Employees: 5/0 (as of 9/1/2020)
Full-Time/Part-Time Employees: 4/0 (as of 12/31/2019)
Current Year Income/Expenses: $1,208,469/$1,202,596
Q6. Fiscal Year: Calendar
Q7. Budget Level
Last Fiscal Year Income/Expenses (Actual): $617,544 / $540,618
Current Year Income/Expenses (Projected): $1,208,469 / $1,202,596
Q8. Restricted Reserves (Amount): Yes ($10,000)
Q9. CARES Act Funding (Amount): Yes ($43,067)
Received From: WesBanco Bank Date Received: 4/22/20
For What Purpose(s): payroll, fringe benefits
Q10. Negative Impacts from COVID-19:
FOC had to cancel our annual fundraiser and outreach event, the Cheat River Festival, which is an integral part of our yearly budget, leaving FOC with a $56,000 deficit in unrestricted fundraising. FOC has also had to significantly scale back all service and volunteering events and partnerships – normally we work with 400+ volunteers yearly on local trails, litter pickups, tree plantings, etc.
Q11. Top Three Concerns:
How to economically forecast for the next few years?
How to adjust the budget for longterm funding issues?
How to keep all staff on board throughout the pandemic and into a economically unsure future?
How Participation in Program Will Address Concerns:
The financial management courses will assist FOC exponentially with short term or multiyear budgeting concerns due to the effects of COVID that have prolonged/disrupted large-scale projects, and could negatively effect even baseline fundraising needs for the organization to stay afloat as is.
Q12. Applying as a Proposed Cohort? Yes
List of Organizations in Proposed Cohort:
Friends of Deckers Creek
Q13. Executive Director or CEO Will Participate in the Program? Yes
Q14. Top Two Choices for Cohort Instruction:
Course #1 Choice: 1-Long-term Financial Management
Course #2 Choice: 2-Short-term Financial Management
Q15. Desired Course Schedule for Cohort Instruction:
#1 Desired Course Schedule: 1-Winter 2021: 10-Week Course (Jan. 25. 2021 – Apr. 4, 2021)
#2 Desired Course Schedule: 2-Fall 2020: 11-Week Course (Nov. 9, 2020 -Jan. 24, 2021)
APPLICATION SUBMITED BY:
Name: Beth Warnick, Media & Outreach Specialist
Application Approved by Organization Director or CEO? Yes, Approved by Executive Director/CEO