The Cherry River Foundation INC
Helps people make a lasting difference in their community through charitable giving. For fiscal year 2025 it reported $699K in revenue, $345K in expenses, and $1.5M in net assets.Pt I
- Founded
- 2019
- Type
- Public foundation / grantmaker · Foundations & Grantmakers
- Location
- Richwood, WV
- Website
- thecherryriverfoundation.org
- Filings
- 7 on file (2019–2025)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
The foundation renovates and provides assistance to the alumni hall, community center, and other community facilities. These are avaliable for rent for social functions or benefit the community at large.
The foundation will distribute grants to other nonprofits to help them serve the needs of the community. Grants will be awarded through an application. Organizations will submit a project or need and discuss the reasoning and benefit of the project as well as a budget for the project.
The foundation will provide grant funds to organizations that serve the greater richwood area as well as scholarships to students of richwood high school. A grant application will be utilized to award grant funds. This will involve understanding the project, the need for the project, and BUDGET/IMPACT on the community.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Ryan Bennett’s $15K as Treasurer is at the 14th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 81% | — | — |
| Overhead ratio | 19% | — | — |
| Revenue growth | 75% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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