Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
96th percentile
Higher top officer pay than 96% of similar nonprofits.
Top officer pay equals 16.4% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
38th percentile
Faster revenue growth than 38% of similar nonprofits.
Assets
Down$4,149,501
Down $570,093 (-12%) from 2020
Net Assets
Down$303,525
Down $224,881 (-43%) from 2020
Liabilities
Down$3,845,976
Down $345,212 (-8.2%) from 2020
Revenue
Up$2,246,362
Up $69,399 (+3.2%) from 2020
Expenses
Up$2,471,243
Up $218,526 (+9.7%) from 2020
Net Income
Down-$224,881
Down $149,127 (-197%) from 2020
Assisted living residence for low- and moderate-income frail elderly persons.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $3,703,013 | $3,542,907 | ▼ $160,106 |
| Intangible Assets | $43,253 | $43,253 | → $0 |
| Accounts Receivable | $8,488 | - | - |
| Savings and Temporary Cash Investments | $431,330 | $2,061 | ▼ $429,269 |
| Prepaid Expenses and Deferred Charges | - | $391 | - |
| Cash and Non-Interest-Bearing Accounts | $300 | $300 | → $0 |
| Total Assets | $4,719,594 | $4,149,501 | ▼ $570,093 |
| Other Assets Total | $533,210 | $560,589 | ▲ $27,379 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $3,615,326 | $3,521,805 | ▼ $93,521 |
| Other Liabilities | $190,160 | $189,706 | ▼ $454 |
| Accounts Payable and Accrued Expenses | $384,689 | $133,772 | ▼ $250,917 |
| Deferred Revenue | $1,013 | $693 | ▼ $320 |
| Total Liabilities | $4,191,188 | $3,845,976 | ▼ $345,212 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $526,906 | $302,025 | ▼ $224,881 |
| Net Assets With Donor Restrictions | $1,500 | $1,500 | → $0 |
| Total Net Assets Fund Balance | $528,406 | $303,525 | ▼ $224,881 |
| Total Liabilities and Net Assets / Fund Balance | $4,719,594 | $4,149,501 | ▼ $570,093 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,858,337 | $1,783,364 | $4,641,701 |
| Land | $640,000 | - | $640,000 |
| Other Land Buildings | $33,111 | $265,147 | $298,258 |
| Equipment | $11,459 | $64,978 | $76,437 |
| Other Assets Org | $513 | - | - |
| Name | Title | Other | Total |
|---|---|---|---|
| Jeffrey Blackwell | VP, Real Estate Developmenasst. Secretary | $213,961 | $213,961 |
| Name | Title |
|---|---|
| Leila a Finucane | President & CEO |
| John D Spencer | Senior Vice President |
| Jacqueline R Smedley | Vice President |
| Julie Smith | Director |
| Rev Daniel Carson | Director |
| Terry Farrell | Director |
| Edward Creskoff | Secretary |
| Michelle M Limeres | Treasurer |
| Jeffrey Blackwell | VP, Real Estate Developmenasst. Secr |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,431,243 |
| Grants and Similar Amounts Paid | $40,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $1,480,907 | $138,516 | - | $1,619,423 |
| Depreciation Depletion | $161,356 | - | - | $161,356 |
| Interest | $104,559 | - | - | $104,559 |
| Occupancy | $51,343 | - | - | $51,343 |
| Office Expenses | $49,392 | - | - | $49,392 |
| Fees for Services Accounting | - | $46,057 | - | $46,057 |
| Grants to Domestic Orgs | $40,000 | - | - | $40,000 |
| Fees for Services Other | $31,953 | - | - | $31,953 |
| Advertising | $9,219 | - | - | $9,219 |
| Insurance | $8,400 | - | - | $8,400 |
| Fees for Services Legal | $3,524 | - | - | $3,524 |
| Information Technology | $2,304 | - | - | $2,304 |
| Other Expenses | $2,119 | - | - | $2,119 |
| Conferences and Meetings | $1,454 | - | - | $1,454 |
| Total Functional Expenses | $2,286,670 | $184,573 | $0 | $2,471,243 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Victory Housing Inc | Rockville, MD | 501(c)(3) | General Support | $40,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Resident Security Deposits | $185,015 |
| Prepaid Revenue | $4,691 |
“Members there is one class of membership which consists of the archbishop of the archdiocese of washington,the moderator of the curia of the archdiocese of washington, the chancellor of the archdiocese of washington,and their successors in office, each as selected or appointed according to the discpline of the roman catholic church.”
“The election and removal of members of the board of directors and the filling of vacancies that may occur.”
“Reserved powers of corporate members: the corporate members reserve to themselves authority to authorize the following actions: (a)the oversight and authentication of the corporation's mission, (b)the adoption or amendment of a mission statement; (c)the amendment of the articles of incorporation and the amendment of the bylaws; (d)the election and removal of members to the board of directors and the filling of vacancies that may occur; (e)the appointment and termination of the president/chief executive officer ("ceo"); (f)the acquisition, purchase, sale, lease, disposition or hypothecation of real property by corporation; (g) the approval of the borrowing of money or the guarantee of any obligations; the approval of any budget which reflects an operating deficit; (i) the approval of fiscal auditors.”
“The form 990 is provided to board members for review prior to filing.”
“The organization's related organization, victory housing, has a written conflict of interest policy. The board members and officers of the organization acknowledge and adhere to this policy, and they annually disclose any conflicts of interest. Additionally, any conflicts that arise that are related to transactions considered by the board are discussed at quarterly meetings.”
“Those members of the board for whom compensation is reported in part vii of this form 990 are compensated by a related organization, victory housing, inc.”
“These documents are available upon request.”
“Grace house 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, 2021 and 2020. Due to its tax-exempt status, grace house is not subject to income taxes. Grace house 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 for grace house and it has no other tax positions which must be considered for disclosure. Income tax returns filed by grace house 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 2018 remain open.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 384689 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 133772 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 8488 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | ASSISTED LIVING RESIDENCE FOR LOW- AND MODERATE-INCOME FRAIL ELDERLY PERSONS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 9219 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 9219 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | VICTORY HOUSING INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3014936000 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 11400 ROCKVILLE PIKE SUITE 505 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ROCKVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20852 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 300 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 300 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 1454 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1454 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 40000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2199 |
| IRS990/CYOtherExpensesAmt | 0 | 2431243 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2244163 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -224881 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 2471243 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2246362 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1013 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 693 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 161356 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 161356 |
| IRS990/Desc | 0 | ASSISTED LIVING RESIDENCE FOR LOW- AND MODERATE-INCOME FRAIL ELDERLY PERSONS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1500 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1500 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 2286670 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 46057 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 46057 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 3524 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 3524 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 138516 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 1480907 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 1619423 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 31953 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 31953 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 20780 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 39149 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 33424 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 25453 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 24700 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TERRY FARRELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JULIE SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | REV DANIEL CARSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JACQUELINE R SMEDLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JOHN D SPENCER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LEILA A FINUCANE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | EDWARD CRESKOFF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JEFFREY BLACKWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MICHELLE M LIMERES |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 215514 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 230076 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 336028 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 188508 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 201854 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SENIOR VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VP, REAL ESTATE DEVELOPMENASST. SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 40000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 40000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 40000 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2246362 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 2304 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 2304 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 8400 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8400 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 43253 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 43253 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 104559 |
| IRS990/InterestGrp/TotalAmt | 0 | 104559 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2199 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2199 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 29 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2113489 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3703013 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3542907 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5656396 |
| IRS990/LegalDomicileStateCd | 0 | MD |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | ASSISTED LIVING RESIDENCE FOR LOW- AND MODERATE-INCOME FRAIL ELDERLY PERSONS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 3615326 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 3521805 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 528406 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 303525 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 526906 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 302025 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 51343 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 51343 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 49392 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 49392 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 533210 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 560589 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS ADMINISTR |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | CONTRACT |
| IRS990/OtherExpensesGrp/Desc | 3 | OTHER TAXES & LICENSES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 156214 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 150571 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 33355 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 2119 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 156214 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 150571 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 33355 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2119 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 190160 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 189706 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 391 |
| IRS990/PrincipalOfficerNm | 0 | LEILA A FINUCANE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENT REVENUE - HOUSING |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | OTHER HOUSING REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2101717 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 142446 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2101717 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 142446 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 40000 |
| IRS990/PYInvestmentIncomeAmt | 0 | -363 |
| IRS990/PYOtherExpensesAmt | 0 | 2212717 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2177326 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -75754 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 2252717 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2176963 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -224881 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 2244163 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 431330 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2061 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3155 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 3155 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 2199 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4800 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2459 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2089 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1970 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 13517 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 2244163 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 2177326 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 2130154 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1976592 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1836811 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 10365046 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 2199 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 4800 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 2459 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 2089 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1970 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 13517 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00130 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00150 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99870 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99850 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 10368201 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 2244163 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2177326 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2130154 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1976592 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1839966 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 10368201 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 2246362 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 2182126 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 2132613 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1978681 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1841936 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 10381718 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2858337 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1783364 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4641701 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 11459 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 64978 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 76437 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 640000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 640000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 375061 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 185015 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 513 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | REPLACEMENT RESERVES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RESIDENT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | DEPOSITS |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 33111 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 265147 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 298258 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 185015 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 4691 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | RESIDENT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | PREPAID REVENUE |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | GRACE HOUSE 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, 2021 AND 2020. DUE TO ITS TAX-EXEMPT STATUS, GRACE HOUSE IS NOT SUBJECT TO INCOME TAXES. GRACE HOUSE 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 FOR GRACE HOUSE AND IT HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY GRACE HOUSE 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 2018 REMAIN OPEN. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3542907 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 560589 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 189706 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 40000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | GENERAL SUPPORT |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | VICTORY HOUSING INC |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 521261881 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 11400 ROCKVILLE PIKE SUITE 505 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | ROCKVILLE |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 20852 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | GRANTS ARE ISSUED TO A RELATED ORGANIZATION. THEREFORE, USE OF FUNDS IS ABLE TO BE MONITORED. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 1 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 60000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 30000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 2 | 20000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 3 | 30000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 4 | 20000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 276028 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 200076 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 2 | 195514 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 3 | 171854 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 4 | 168508 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 3 | 0 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.