Civic Intelligence

Grace House Inc

990 • Fiscal year 2018 • EIN 20-2023995

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 16, 2019

11400 Rockville Pike Ste 505Rockville, MD 20852

(301) 493-6000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.88x

Higher debt load relative to assets than 90% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

2.07x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

31st percentile

-3.3%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

91st percentile

$220,496

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

30th percentile

-3.3%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

58th percentile

7.4%

Faster revenue growth than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$4,658,714

Down $158,788 (-3.3%) from 2017

Net Assets

Down

$565,088

Down $64,168 (-10%) from 2017

Liabilities

Down

$4,093,626

Down $94,620 (-2.3%) from 2017

Revenue

Up

$1,978,682

Up $136,746 (+7.4%) from 2017

Expenses

Up

$2,044,349

Up $157,890 (+8.4%) from 2017

Net Income

Down

-$65,667

Down $21,144 (-47%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $5,225,076Liabilities 2011: $4,718,352Net Assets 2011: $506,7242011Assets 2012: $5,183,079Liabilities 2012: $4,641,308Net Assets 2012: $541,7712012Assets 2013: $5,111,475Liabilities 2013: $4,541,508Net Assets 2013: $569,9672013Assets 2014: $5,048,845Liabilities 2014: $4,483,984Net Assets 2014: $564,8612014Assets 2015: $5,015,993Liabilities 2015: $4,407,602Net Assets 2015: $608,3912015Assets 2016: $4,997,475Liabilities 2016: $4,323,696Net Assets 2016: $673,7792016Assets 2017: $4,817,502Liabilities 2017: $4,188,246Net Assets 2017: $629,2562017Assets 2018: $4,658,714Liabilities 2018: $4,093,626Net Assets 2018: $565,0882018Assets 2019: $4,598,147Liabilities 2019: $3,993,987Net Assets 2019: $604,1602019Assets 2020: $4,719,594Liabilities 2020: $4,191,188Net Assets 2020: $528,4062020Assets 2021: $4,149,501Liabilities 2021: $3,845,976Net Assets 2021: $303,5252021Assets 2022: $4,068,494Liabilities 2022: $3,811,295Net Assets 2022: $257,1992022Assets 2023: $3,955,510Liabilities 2023: $3,855,101Net Assets 2023: $100,4092023Assets 2024: $3,816,474Liabilities 2024: $3,679,953Net Assets 2024: $136,5212024

Highlighted filing

2018

Assets$4,658,714
Liabilities$4,093,626
Net Assets$565,088

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,465,649Expenses 2011: $1,409,047Net Income 2011: $56,6022011Revenue 2012: $1,557,357Expenses 2012: $1,522,310Net Income 2012: $35,0472012Revenue 2013: $1,570,229Expenses 2013: $1,542,033Net Income 2013: $28,1962013Revenue 2014: $1,694,965Expenses 2014: $1,700,071Net Income 2014: -$5,1062014Revenue 2015: $1,764,494Expenses 2015: $1,720,964Net Income 2015: $43,5302015Revenue 2016: $1,811,286Expenses 2016: $1,745,898Net Income 2016: $65,3882016Revenue 2017: $1,841,936Expenses 2017: $1,886,459Net Income 2017: -$44,5232017Revenue 2018: $1,978,682Expenses 2018: $2,044,349Net Income 2018: -$65,6672018Revenue 2019: $2,132,613Expenses 2019: $2,093,541Net Income 2019: $39,0722019Revenue 2020: $2,176,963Expenses 2020: $2,252,717Net Income 2020: -$75,7542020Revenue 2021: $2,246,362Expenses 2021: $2,471,243Net Income 2021: -$224,8812021Revenue 2022: $2,479,685Expenses 2022: $2,526,011Net Income 2022: -$46,3262022Revenue 2023: $1,228,466Expenses 2023: $1,335,497Net Income 2023: -$107,0312023Revenue 2024: $2,668,638Expenses 2024: $2,632,529Net Income 2024: $36,1092024

Highlighted filing

2018

Revenue$1,978,682
Expenses$2,044,349
Net Income-$65,667
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 16, 2019
Return Version
2017v2.3
Gross Receipts
$1,978,682
Mission and Program Overview

Mission

Assisted living residence for low- and moderate-income frail elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,150,670$3,989,071▼ $161,599
Savings and Temporary Cash Investments$212,661$176,127▼ $36,534
Intangible Assets$43,253$43,253→ $0
Accounts Receivable$7,000--
Cash and Non-Interest-Bearing Accounts$300$300→ $0
Total Assets$4,803,869$4,658,714▼ $145,155
Other Assets Total$389,985$449,963▲ $59,978
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,955,992$3,849,584▼ $106,408
Other Liabilities$144,463$175,203▲ $30,740
Accounts Payable and Accrued Expenses$72,185$67,186▼ $4,999
Deferred Revenue$1,973$1,653▼ $320
Total Liabilities$4,174,613$4,093,626▼ $80,987
Net Assets / Fund Balance
Unrestricted Net Assets$629,256$563,588▼ $65,668
Temporarily Rstr Net Assets-$1,500-
Total Net Assets Fund Balance$629,256$565,088▼ $64,168
Total Liabilities and Net Assets / Fund Balance$4,803,869$4,658,714▼ $145,155

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,293,194$1,377,205$4,670,399
Land$640,000-$640,000
Other Land Buildings$44,611$216,674$261,285
Equipment$11,266$37,671$48,937
Other Assets Org$173,953--
Compensation and Service Providers

Employees

NameTitleOtherTotal
David M JohnsonDirector of Marketing and Mgmt$123,144$123,144

Board Members and Trustees

NameTitle
Paul E Johnson JrChairman
Leila a FinucaneCEO/president
Jackie SmedleyVice President
Eric SimontisDirector
Most Rev Charles AntonicelliDirector
Jeffrey BlackwellAssistant Secretary
John D SpencerSecretary
Kathleen McwilliamsTreasurer
Michelle M Limeres VergneVP Accounting and Admin Services
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,976,593
Investment Income
$2,089
Other Revenue
$0
Change in Net Assets
$-65,667
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,530,601
Salaries, Compensation, and Employee Benefits$513,748
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$332,205$8,200-$340,405
Depreciation Depletion$174,300--$174,300
Fees for Services Management-$157,345-$157,345
Other Employee Benefits$114,805--$114,805
Interest$99,786--$99,786
Payroll Taxes$58,538--$58,538
Other Expenses$54,057$250,000-$54,057
Fees for Services Accounting-$45,872-$45,872
All Other Expenses$26,279--$26,279
Office Expenses$12,698--$12,698
Advertising$8,583--$8,583
Insurance$8,004--$8,004
Information Technology-$2,304-$2,304
Occupancy$1,242--$1,242
Fees for Services Legal$251--$251
Total Functional Expenses$1,580,628$463,721$0$2,044,349
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Resident Security Deposits$173,953
Prepaid Revenue$1,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board delegates the review of the form 990 to the audit committee. The audit committee reviews the 990 and reports to the full board its recommendations and then the board approves the 990.

Form 990, Part VI, Section B, Line 12C

Part of annual financial audit by outside firm; quarterly board meetings discuss all transactions.

Form 990, Part VI, Section B, Line 15

Board of director reviews compensation of all officers and key employees.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Part VI Question 12 and Part XI Question 2

There is no single audit prepared, entity is audited as part of a consolidated group.

Filing and Contact Details

Filer

Filer Name
Grace House Inc
EIN
20-2023995
Phone
3014936000
Address
11400 ROCKVILLE PIKE STE 505, ROCKVILLE, MD 20852

Signing Officer

Name
Leila a Finucane
Title
CEO/president
Phone
3014936000
Signed
2019-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leila a Finucane
Formed
2004
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
34
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE SUITE 400E, BETHESDA, MD 20814
Preparer
Ed Ryan CPA
Phone
3016529100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Temporary restricted net assets 1,500.

Financial Statement Notes

PART X, LINE 2:

Victory has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax exempt entity pursuant to section 501 (c)(3) of the internal revenue code and did not have any unrelated business income for the years ended june 30, 2018 and 2017. Due to its tax exempt status, victory is not subject to income taxes. Victory is required to file and does file tax returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by victory are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2015 remain open.

Raw XML AppendixShowing 400 of 1,155 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt072185
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt067186
IRS990/AccountsReceivableGrp/BOYAmt07000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ASSISTED LIVING RESIDENCE FOR LOW- AND MODERATE-INCOME FRAIL ELDERLY PERSONS.
IRS990/AdvertisingGrp/ProgramServicesAmt08583
IRS990/AdvertisingGrp/TotalAmt08583
IRS990/AllOtherExpensesGrp/ProgramServicesAmt026279
IRS990/AllOtherExpensesGrp/TotalAmt026279
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0VICTORY HOUSING INC
IRS990/BooksInCareOfDetail/PhoneNum03014936000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011400 ROCKVILLE PIKE SUITE 505
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROCKVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020852
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0300
IRS990/CashNonInterestBearingGrp/EOYAmt0300
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02089
IRS990/CYOtherExpensesAmt01530601
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01976593
IRS990/CYRevenuesLessExpensesAmt0-65667
IRS990/CYSalariesCompEmpBnftPaidAmt0513748
IRS990/CYTotalExpensesAmt02044349
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01978682
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01973
IRS990/DeferredRevenueGrp/EOYAmt01653
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0174300
IRS990/DepreciationDepletionGrp/TotalAmt0174300
IRS990/Desc0ASSISTED LIVING RESIDENCE FOR LOW- AND MODERATE-INCOME FRAIL ELDERLY PERSONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt034
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01580628
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt045872
IRS990/FeesForServicesAccountingGrp/TotalAmt045872
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0251
IRS990/FeesForServicesLegalGrp/TotalAmt0251
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0157345
IRS990/FeesForServicesManagementGrp/TotalAmt0157345
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt339.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt439.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt539.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt739.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt839.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt936.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL E JOHNSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm1ERIC SIMONTIS
IRS990/Form990PartVIISectionAGrp/PersonNm2MOST REV CHARLES ANTONICELLI
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFFREY BLACKWELL
IRS990/Form990PartVIISectionAGrp/PersonNm4LEILA A FINUCANE
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN D SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm6KATHLEEN MCWILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm7JACKIE SMEDLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHELLE M LIMERES VERGNE
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID M JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3165116
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4220496
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5213091
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8176032
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9123144
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4CEO/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP ACCOUNTING AND ADMIN SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF MARKETING AND MGMT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01978682
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02304
IRS990/InformationTechnologyGrp/TotalAmt02304
IRS990/InsuranceGrp/ProgramServicesAmt08004
IRS990/InsuranceGrp/TotalAmt08004
IRS990/IntangibleAssetsGrp/BOYAmt043253
IRS990/IntangibleAssetsGrp/EOYAmt043253
IRS990/InterestGrp/ProgramServicesAmt099786
IRS990/InterestGrp/TotalAmt099786
IRS990/InvestmentIncomeGrp/ExclusionAmt02089
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02089
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01631550
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04150670
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03989071
IRS990/LandBldgEquipCostOrOtherBssAmt05620621
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ASSISTED LIVING RESIDENCE FOR LOW- AND MODERATE-INCOME FRAIL ELDERLY PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03955992
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03849584
IRS990/NetAssetsOrFundBalancesBOYAmt0629256
IRS990/NetAssetsOrFundBalancesEOYAmt0565088
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01242
IRS990/OccupancyGrp/TotalAmt01242
IRS990/OfficeExpensesGrp/ProgramServicesAmt012698
IRS990/OfficeExpensesGrp/TotalAmt012698
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0389985
IRS990/OtherAssetsTotalGrp/EOYAmt0449963
IRS990/OtherChangesInNetAssetsAmt01500
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114805
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0114805
IRS990/OtherExpensesGrp/Desc0ELDERLY CARE SERVICE EX
IRS990/OtherExpensesGrp/Desc1CONTRIBUTIONS EXPENSE
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTAINENCE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0250000
IRS990/OtherExpensesGrp/ProgramServicesAmt0573352
IRS990/OtherExpensesGrp/ProgramServicesAmt1116528
IRS990/OtherExpensesGrp/ProgramServicesAmt254057
IRS990/OtherExpensesGrp/TotalAmt0573352
IRS990/OtherExpensesGrp/TotalAmt1250000
IRS990/OtherExpensesGrp/TotalAmt2116528
IRS990/OtherExpensesGrp/TotalAmt354057
IRS990/OtherLiabilitiesGrp/BOYAmt0144463
IRS990/OtherLiabilitiesGrp/EOYAmt0175203
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08200
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0332205
IRS990/OtherSalariesAndWagesGrp/TotalAmt0340405
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt058538
IRS990/PayrollTaxesGrp/TotalAmt058538
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LEILA A FINUCANE
IRS990/PriorPeriodAdjustmentsAmt0-1
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT REVENUE - HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01966813
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01966813
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19780
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03155
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01970
IRS990/PYOtherExpensesAmt01393048
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01836811
IRS990/PYRevenuesLessExpensesAmt0-44523
IRS990/PYSalariesCompEmpBnftPaidAmt0493411
IRS990/PYTotalExpensesAmt01886459
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01841936
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-65667
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01976593
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0212661
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0176127
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt020765
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02089
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01970
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03312
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01668
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0524
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01976592
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01836811
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01807974
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01750316
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01689341
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09061034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01970
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03312
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01668
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0524
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09563
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99890
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt09081799
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01976592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01839966
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01807974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01762826
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01694441
IRS990ScheduleA/Total509Grp/TotalAmt09081799
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01978681
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01841936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01811286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01764494
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01694965
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09091362
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03293194
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01377205
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04670399
IRS990ScheduleD/EquipmentGrp/BookValueAmt011266
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037671
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048937
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0640000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0640000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0357
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1275653
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2173953
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PREPAID EXPENSES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044611
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0216674
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0261285
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0173953
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID REVENUE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VICTORY HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2018 AND 2017. DUE TO ITS TAX EXEMPT STATUS, VICTORY IS NOT SUBJECT TO INCOME TAXES. VICTORY IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY VICTORY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2015 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03989071
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0449963
IRS990ScheduleD/TotalLiabilityAmt0175203
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0165116
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1220496
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2213091
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3176032
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.82$3.68$0.14$2.67$2.63$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.96$3.86$0.10$1.23$1.34$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.07$3.81$0.26$2.48$2.53$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.15$3.85$0.30$2.25$2.47$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.72$4.19$0.53$2.18$2.25$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.60$3.99$0.60$2.13$2.09$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.66$4.09$0.57$1.98$2.04$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.82$4.19$0.63$1.84$1.89$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$4.32$0.67$1.81$1.75$0.07
2015Detailed filing. Detailed filing data is available for this year.$5.02$4.41$0.61$1.76$1.72$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.05$4.48$0.56$1.69$1.70$0.01
2013Summary only. Only limited summary data is available for this year.$5.11$4.54$0.57$1.57$1.54$0.03
2012Summary only. Only limited summary data is available for this year.$5.18$4.64$0.54$1.56$1.52$0.04
2011Summary only. Only limited summary data is available for this year.$5.23$4.72$0.51$1.47$1.41$0.06