Civic Intelligence

Voa Butner Morning Glory Inc

EIN 20-2471130 • 501(c)3 • Alexandria, VA

Profile

Provides housing to elderly and disabled persons and families under section 202 of the national housing act under an agreement with the department of hud.

1660 Duke StreetAlexandria, VA 22314
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

73rd percentile

0.29x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

17th percentile

-16%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

99th percentile

$868,407

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 399.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

32nd percentile

-2.0%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

35th percentile

-1.0%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,464,433

Down $30,618 (-2.0%) from 2024

Liabilities

Up

$62,312

Up $3,239 (+5.5%) from 2024

Net Assets

Down

$1,402,121

Down $33,857 (-2.4%) from 2024

Revenue

Down

$217,221

Down $2,263 (-1.0%) from 2024

Expenses

Up

$251,078

Up $13,275 (+5.6%) from 2024

Net Income

Down

-$33,857

Down $15,538 (-85%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $2,026,225Liabilities 2011: $40,994Net Assets 2011: $1,985,2312011Assets 2012: $1,984,449Liabilities 2012: $53,397Net Assets 2012: $1,931,0522012Assets 2013: $1,937,356Liabilities 2013: $52,007Net Assets 2013: $1,885,3492013Assets 2014: $1,886,035Liabilities 2014: $50,883Net Assets 2014: $1,835,1522014Assets 2015: $1,835,202Liabilities 2015: $48,605Net Assets 2015: $1,786,5972015Assets 2016: $1,791,380Liabilities 2016: $61,252Net Assets 2016: $1,730,1282016Assets 2017: $1,739,571Liabilities 2017: $58,580Net Assets 2017: $1,680,9912017Assets 2018: $1,693,773Liabilities 2018: $72,401Net Assets 2018: $1,621,3722018Assets 2019: $1,654,466Liabilities 2019: $91,579Net Assets 2019: $1,562,8872019Assets 2020: $1,627,188Liabilities 2020: $103,461Net Assets 2020: $1,523,7272020Assets 2021: $1,576,169Liabilities 2021: $109,154Net Assets 2021: $1,467,0152021Assets 2022: $1,537,759Liabilities 2022: $81,510Net Assets 2022: $1,456,2492022Assets 2023: $1,526,084Liabilities 2023: $71,787Net Assets 2023: $1,454,2972023Assets 2024: $1,495,051Liabilities 2024: $59,073Net Assets 2024: $1,435,9782024Assets 2025: $1,464,433Liabilities 2025: $62,312Net Assets 2025: $1,402,1212025

Highlighted filing

2025

Assets$1,464,433
Liabilities$62,312
Net Assets$1,402,121

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $157,6062011Expenses 2012: $176,4692012Expenses 2013: $176,5882013Revenue 2014: $135,844Expenses 2014: $186,041Net Income 2014: -$50,1972014Revenue 2015: $149,611Expenses 2015: $198,166Net Income 2015: -$48,5552015Revenue 2016: $151,239Expenses 2016: $207,708Net Income 2016: -$56,4692016Revenue 2017: $156,768Expenses 2017: $205,905Net Income 2017: -$49,1372017Revenue 2018: $166,083Expenses 2018: $225,702Net Income 2018: -$59,6192018Revenue 2019: $172,340Expenses 2019: $230,825Net Income 2019: -$58,4852019Revenue 2020: $198,246Expenses 2020: $237,406Net Income 2020: -$39,1602020Revenue 2021: $206,884Expenses 2021: $263,596Net Income 2021: -$56,7122021Revenue 2022: $223,935Expenses 2022: $234,701Net Income 2022: -$10,7662022Revenue 2023: $227,904Expenses 2023: $229,856Net Income 2023: -$1,9522023Revenue 2024: $219,484Expenses 2024: $237,803Net Income 2024: -$18,3192024Revenue 2025: $217,221Expenses 2025: $251,078Net Income 2025: -$33,8572025

Highlighted filing

2025

Revenue$217,221
Expenses$251,078
Net Income-$33,857

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.06$1.40$0.22$0.25$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.50$0.06$1.44$0.22$0.24$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.07$1.45$0.23$0.23$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.08$1.46$0.22$0.23$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.58$0.11$1.47$0.21$0.26$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.63$0.10$1.52$0.20$0.24$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.65$0.09$1.56$0.17$0.23$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.07$1.62$0.17$0.23$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.74$0.06$1.68$0.16$0.21$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.79$0.06$1.73$0.15$0.21$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.84$0.05$1.79$0.15$0.20$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.89$0.05$1.84$0.14$0.19$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.05$1.89$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.05$1.93$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.04$1.99$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 21, 2025
Return Version
2024v5.0
Gross Receipts
$217,221
Mission and Program Overview

Mission

Provides housing to elderly and disabled persons and families under section 202 of the national housing act under an agreement with the department of hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,285,621$1,233,755▼ $51,866
Cash and Non-Interest-Bearing Accounts$52,781$70,569▲ $17,788
Prepaid Expenses and Deferred Charges$12,944$11,806▼ $1,138
Accounts Receivable-$47-
Total Assets$1,495,051$1,464,433▼ $30,618
Other Assets Total$143,705$148,256▲ $4,551
Liabilities
Accounts Payable and Accrued Expenses$37,564$40,362▲ $2,798
Mortgage Notes Payable Secured by Investment Property$13,593$13,593→ $0
Other Liabilities$7,913$7,881▼ $32
Deferred Revenue$3$476▲ $473
Total Liabilities$59,073$62,312▲ $3,239
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,196,543$2,196,543→ $0
Net Assets Without Donor Restrictions$-760,565$-794,422▼ $33,857
Total Net Assets Fund Balance$1,435,978$1,402,121▼ $33,857
Total Liabilities and Net Assets / Fund Balance$1,495,051$1,464,433▼ $30,618

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,229,716$980,063$2,209,779
Other Land Buildings$4,039$16,130$20,169
Other Assets Org$50--
Compensation and Service Providers

Employees

NameTitleOtherTotal
David NisivocciaAsst. Treas/$516,603$516,603
Joseph BudzynskiAsst Treas/s$465,439$465,439
Paul SoczynskiAsst. Treas/$378,447$378,447
Peter DesjardinsAsst. Treas/$319,503$319,503
Nancy GavinAsst. Sec/tr$285,594$285,594
Kimberly KingAsst. Treas/$256,810$256,810
David PaskoffAsst. Treas/$197,896$197,896
Dejernette BeatyAsst. Treas/$193,522$193,522
Faith NutzAsst. Sec/tr$169,200$169,200

Board Members and Trustees

NameTitle
Nancy RaseChair
Michael W KingPresident
Derrick PerkinsVice Chair
Beth MullenDirector
Carmen JacksonDirector
Janet StringfellowDirector
Jeanne PetersonDirector
Keith KnappDirector
Patrick SheridanDirector
Patti ArnoldDirector
Shawn BloomDirector
Voris VigeeDirector
Walter TejadaDirector
Joseph BudzynskiAsst Treas/sec & CFO
Faith NutzAsst. Sec/treas
Nancy GavinAsst. Sec/treas
David NisivocciaAsst. Treas/sec
David PaskoffAsst. Treas/sec
Dejernette BeatyAsst. Treas/sec
Kimberly KingAsst. Treas/sec
Paul SoczynskiAsst. Treas/sec
Peter DesjardinsAsst. Treas/sec
Karen HackettSecretary
Karen EricksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$211,185
Investment Income
$6,036
Other Revenue
$0
Change in Net Assets
$-33,857

Audited Revenue Reconciliation

Revenue per Audited Statements
$217,221
Total Revenue per Audited Statements
$217,221
Total Revenue per Form 990
$217,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,990
Salaries, Compensation, and Employee Benefits$34,088
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$59,366--$59,366
Occupancy$46,481--$46,481
Fees for Services Management-$33,986-$33,986
Other Salaries and Wages$21,120--$21,120
Other Employee Benefits$10,153--$10,153
Fees for Services Accounting-$8,627-$8,627
Office Expenses$7,090--$7,090
Payroll Taxes$2,815--$2,815
Insurance$937--$937
Other Expenses$511--$511
Conferences and Meetings-$104-$104
Advertising$51--$51
Total Functional Expenses$208,361$42,717$0$251,078

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$251,078
Total Expenses per Audited Statements$251,078
Total Expenses per Form 990$251,078
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
Tenant Security Deposits$7,881
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization has no employees, and has delegated control over certain property management duties to voa national housing corporation pursuant to a property management agreement. Volunteers of america national services assists in providing general and administrative supervision, financial management, quality assurance, regulatory compliance, real estate development and strategic planning.

Form 990, Page 6, Part VI, Line 6

Volunteers of america of the carolinas, inc. Is the sole member.

Form 990, Page 6, Part VI, Line 7A

Directors are appointed by volunteers of america of the carolinas, inc.

Form 990, Page 6, Part VI, Line 7B

The articles of incorporation of the corporation may not be amended without the prior written approval of the secretary of the u.s. Department of housing and urban development and volunteers of america of the carolinas, inc. Directors may be removed with or without cause at the request of the u.s. Department of housing and urban development. The bylaws may not be amended without the prior written consent of volunteers of america of the carolinas, inc. And volunteers of america, inc.

Form 990, Page 6, Part VI, Line 11B

The final form 990 is reviewed by asset management and an officer of the board of directors prior to filing with the irs. All members of the organizations board of directors and all officers of the board are also provided an opportunity to review the form 990 in electronic form immediately prior to filing.

Form 990, Page 6, Part VI, Line 12C

The policy requires officers, directors and key employees to disclose annu ally interests that could give rise to conflicts. The policy and disclosu re form are distributed and collected annually, and individuals are requir ed to update the disclosure form throughout the year in the event actual o r potential conflicts arise. Conflicts of interest are reviewed by the board of directors. Persons with a conflict are prohibited from participating in the governing body's deliberations and decisions in the transaction.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Voa Butner Morning Glory Inc
EIN
20-2471130
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Dejernette Beaty
Title
Asst. Treas/sec
Phone
7033415000
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dejernette Beaty
Formed
2004
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
5
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
William B Beale
Phone
2259263360
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