Civic Intelligence

Leadingage Virginia

990 • Fiscal year 2023 • EIN 51-0152918

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 18, 2023

4201 Dominion BoulevardGlen Allen, VA 23060

(804) 965-5500

Siviq Scores

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

Liabilities / Assets

79th percentile

0.41x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.25x

Higher debt load relative to revenue than 59% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

32nd percentile

-1.3%

Higher net margin than 32% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

84th percentile

$264,346

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 17.4% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

46th percentile

4.9%

Faster asset growth than 46% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

25%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$906,390

Up $42,205 (+4.9%) from 2022

Net Assets

Up

$530,954

Up $3,922 (+0.7%) from 2022

Liabilities

Up

$375,436

Up $38,283 (+11%) from 2022

Revenue

Up

$1,516,296

Up $306,209 (+25%) from 2022

Expenses

Up

$1,535,764

Up $382,570 (+33%) from 2022

Net Income

Down

-$19,468

Down $76,361 (-134%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $622,033Liabilities 2010: $0Net Assets 2010: $622,0332010Assets 2011: $673,703Liabilities 2011: $0Net Assets 2011: $673,7032011Assets 2012: $683,340Liabilities 2012: $0Net Assets 2012: $683,3402012Assets 2013: $641,066Liabilities 2013: $0Net Assets 2013: $641,0662013Assets 2014: $770,403Liabilities 2014: $0Net Assets 2014: $770,4032014Assets 2015: $622,928Liabilities 2015: $0Net Assets 2015: $622,9282015Assets 2016: $844,857Liabilities 2016: $413,629Net Assets 2016: $431,2282016Assets 2017: $758,147Liabilities 2017: $296,393Net Assets 2017: $461,7542017Assets 2018: $734,198Liabilities 2018: $209,498Net Assets 2018: $524,7002018Assets 2019: $772,388Liabilities 2019: $159,510Net Assets 2019: $612,8782019Assets 2020: $1,334,522Liabilities 2020: $924,290Net Assets 2020: $410,2322020Assets 2021: $1,309,629Liabilities 2021: $749,385Net Assets 2021: $560,2442021Assets 2022: $864,185Liabilities 2022: $337,153Net Assets 2022: $527,0322022Assets 2023: $906,390Liabilities 2023: $375,436Net Assets 2023: $530,9542023Assets 2024: $1,531,091Liabilities 2024: $978,976Net Assets 2024: $552,1152024

Highlighted filing

2023

Assets$906,390
Liabilities$375,436
Net Assets$530,954

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $793,3172010Revenue 2011: $858,504Expenses 2011: $806,834Net Income 2011: $51,6702011Expenses 2012: $766,9062012Revenue 2013: $823,327Expenses 2013: $865,600Net Income 2013: -$42,2732013Revenue 2014: $860,335Expenses 2014: $730,096Net Income 2014: $130,2392014Revenue 2015: $863,846Expenses 2015: $1,011,321Net Income 2015: -$147,4752015Revenue 2016: $983,668Expenses 2016: $630,605Net Income 2016: $353,0632016Revenue 2017: $844,804Expenses 2017: $823,265Net Income 2017: $21,5392017Revenue 2018: $959,348Expenses 2018: $906,140Net Income 2018: $53,2082018Revenue 2019: $1,099,150Expenses 2019: $967,907Net Income 2019: $131,2432019Revenue 2020: $685,828Expenses 2020: $860,909Net Income 2020: -$175,0812020Revenue 2021: $945,080Expenses 2021: $893,347Net Income 2021: $51,7332021Revenue 2022: $1,210,087Expenses 2022: $1,153,194Net Income 2022: $56,8932022Revenue 2023: $1,516,296Expenses 2023: $1,535,764Net Income 2023: -$19,4682023Revenue 2024: $2,162,335Expenses 2024: $2,196,492Net Income 2024: -$34,1572024

Highlighted filing

2023

Revenue$1,516,296
Expenses$1,535,764
Net Income-$19,468
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Dec 18, 2023
Return Version
2022v5.0
Gross Receipts
$1,832,648
Mission and Program Overview

Mission

Leadingage virginia strives to expand the world of possibilities for aging

Leadingage virginia was founded in 1973 by nursing home administrators who believed that nonprofit homes were unique in their needs and resources and required their own organization. Leadingage virginia is an association of not-for-profit aging services organizations serving residents and clients through life plan/continuing care retirement communities, senior housing, assisted living, nursing homes, adult day centers and home and community based services. We are not-for-profit organizations working together to expand the world of possibilities for aging.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$417,551$439,277▲ $21,726
Cash and Non-Interest-Bearing Accounts$207,439$129,409▼ $78,030
Pledges and Grants Receivable-$127,853-
Savings and Temporary Cash Investments$79,855$97,388▲ $17,533
Prepaid Expenses and Deferred Charges$39,766$32,942▼ $6,824
Land, Buildings, and Equipment, Net$7,285$6,463▼ $822
Accounts Receivable$112,289$4,717▼ $107,572
Total Assets$864,185$906,390▲ $42,205
Other Assets Total-$68,341-
Liabilities
Unsecured Notes Loans Payable$146,082$143,279▼ $2,803
Accounts Payable and Accrued Expenses$116,899$102,514▼ $14,385
Other Liabilities$2,762$69,313▲ $66,551
Deferred Revenue$71,410$60,330▼ $11,080
Total Liabilities$337,153$375,436▲ $38,283
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$527,032$530,954▲ $3,922
Total Net Assets Fund Balance$527,032$530,954▲ $3,922
Total Liabilities and Net Assets / Fund Balance$864,185$906,390▲ $42,205

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,572$7,788$11,360
Equipment$2,891$5,862$8,753
Other Assets Org$68,341--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa AndrewsPresident/ceFT$249,672$14,674$264,346
Melissa AndrewsPresident/CEO-$249,672$14,674$264,346
Dana ParsonsVice PresideFT$136,304$4,174$140,478

Board Members and Trustees

NameTitle
Greg StorerChair
Heather GearhartVice Chair
Andrea StaskielDirector
Ben UnkleDirector
Carrie DavisDirector
David AbrahamDirector
Glen BerkelDirector
Joan ThomasDirector
Marta Hill GrayDirector
Scott RichardsonDirector
Tracey JenningsDirector
Courtney NuzzoSecretary
John BurnsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$733,842
Program Service Revenue
$629,017
Investment Income
$27,067
Other Revenue
$126,370
All Other Contributions
$4,652
Change in Net Assets
$-19,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,516,296
Revenue Not Reported on Form 990
$29,596
Total Revenue per Audited Statements
$1,545,892
Total Revenue per Form 990
$1,516,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$884,678
Salaries, Compensation, and Employee Benefits$651,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$295,632
Current Officers, Directors, Trustees, and Key Employees---$245,337
Conferences and Meetings---$199,837
Fees for Services Management---$115,839
Occupancy---$48,159
Fees for Services Lobbying---$48,000
Other Employee Benefits---$42,864
Payroll Taxes---$39,475
Fees for Services Accounting---$32,336
Travel---$30,903
Fees for Services Legal---$30,698
Pension Plan Contributions---$27,778
Office Expenses---$21,325
Information Technology---$18,878
Interest---$4,060
Insurance---$3,943
Depreciation Depletion---$3,491
Advertising---$3,425
Fees for Service Investment Mgmnt Fees---$2,045
Fees for Services Other---$1,575
Other Expenses---$33
Total Functional Expenses$0$0$0$1,535,764

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,535,764
Total Expenses per Audited Statements$1,535,764
Total Expenses per Form 990$1,535,764
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$12,136
Total Nondeductible Lobbying and Political Cost$12,136
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability--operating Lease$69,313
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

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

The board signs a conflict of interest policy annually and discloses conflicts as they arise throughout the year.

Form 990, Page 6, Part VI, Line 18

All governing, policies, tax returns, and financial statements are available upon written request to the organization. The form 990 is also available on the guidestar website.

Form 990, Page 6, Part VI, Line 19

All governing, policies, tax returns, and financial statements are available upon written request to the organization. The form 990 is also available on the guidestar website.

Filing and Contact Details

Filer

Filer Name
Leadingage Virginia
EIN
51-0152918
Phone
8049655500
Address
4201 DOMINION BOULEVARD, GLEN ALLEN, VA 23060

Signing Officer

Name
Melissa Andrews
Title
President/CEO
Phone
8049655500
Signed
2023-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Andrews
Formed
1973
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
7

Preparer

Firm
Lane & Associates Pc
Address
2839 HATHAWAY ROAD, RICHMOND, VA 23225-1700
Preparer
Meda S Lane
Phone
8042727421
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Leadingage virginia was founded in 1973 by nursing home administrators who believed that nonprofit homes were unique in their needs and resources and required their own organization. Leadingage virginia is an association of not-for-profit aging services organizations serving residents and clients through life plan/continuing care retirement communities, senior housing, assisted living, nursing homes, adult day centers and home and community based services. We are not-for-profit organizations working together to expand the world of possibilities for aging.

Form 990, Part XI, Line 9

Depreciation difference 2,668 book tax difference in realized gains -4,437 total -1,769

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Book tax difference on sale of investments 4,437

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IRS990/MissionDesc0LEADINGAGE VIRGINIA WAS FOUNDED IN 1973 BY NURSING HOME ADMINISTRATORS WHO BELIEVED THAT NONPROFIT HOMES WERE UNIQUE IN THEIR NEEDS AND RESOURCES AND REQUIRED THEIR OWN ORGANIZATION. LEADINGAGE VIRGINIA IS AN ASSOCIATION OF NOT-FOR-PROFIT AGING SERVICES ORGANIZATIONS SERVING RESIDENTS AND CLIENTS THROUGH LIFE PLAN/CONTINUING CARE RETIREMENT COMMUNITIES, SENIOR HOUSING, ASSISTED LIVING, NURSING HOMES, ADULT DAY CENTERS AND HOME AND COMMUNITY BASED SERVICES. WE ARE NOT-FOR-PROFIT ORGANIZATIONS WORKING TOGETHER TO EXPAND THE WORLD OF POSSIBILITIES FOR AGING.
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IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc2DUES AND PUBLICATIONS
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IRS990/OtherExpensesGrp/TotalAmt333
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IRS990/OtherRevenueMiscGrp/Desc0AGENCY ADMIN FEES
IRS990/OtherRevenueMiscGrp/Desc1CONSULTING
IRS990/OtherRevenueMiscGrp/Desc2OTHER INCOME
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt146214
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IRS990/PrincipalOfficerNm0MELISSA ANDREWS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL CONFERENCE
IRS990/ProgramServiceRevenueGrp/Desc1ELITE SPONSORS
IRS990/ProgramServiceRevenueGrp/Desc2ANNUAL CONFERENCE EXHIBITS
IRS990/ProgramServiceRevenueGrp/Desc3SEMINARS (STAND ALONE ED PROG
IRS990/ProgramServiceRevenueGrp/Desc4MEMBER SERVICES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1125240
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt376112
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IRS990/PYTotalRevenueAmt01210087
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IRS990/ReportOtherAssetsInd0true
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt012136
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
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IRS990ScheduleD/EquipmentGrp/BookValueAmt02891
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05862
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08753
IRS990ScheduleD/ExpensesSubtotalAmt01535764
IRS990ScheduleD/NetUnrealizedGainsInvstAmt024755
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt068341
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSET--OPERATING LEASE
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07788
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt069313
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY--OPERATING LEASE
IRS990ScheduleD/OtherRevenueAmt04437
IRS990ScheduleD/RevenueNotReportedAmt029596
IRS990ScheduleD/RevenueSubtotalAmt01516296
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK TAX DIFFERENCE ON SALE OF INVESTMENTS 4,437
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06463
IRS990ScheduleD/TotalBookValueOtherAssetsAmt068341
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MELISSA ANDREWS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LEADINGAGE VIRGINIA WAS FOUNDED IN 1973 BY NURSING HOME ADMINISTRATORS WHO BELIEVED THAT NONPROFIT HOMES WERE UNIQUE IN THEIR NEEDS AND RESOURCES AND REQUIRED THEIR OWN ORGANIZATION. LEADINGAGE VIRGINIA IS AN ASSOCIATION OF NOT-FOR-PROFIT AGING SERVICES ORGANIZATIONS SERVING RESIDENTS AND CLIENTS THROUGH LIFE PLAN/CONTINUING CARE RETIREMENT COMMUNITIES, SENIOR HOUSING, ASSISTED LIVING, NURSING HOMES, ADULT DAY CENTERS AND HOME AND COMMUNITY BASED SERVICES. WE ARE NOT-FOR-PROFIT ORGANIZATIONS WORKING TOGETHER TO EXPAND THE WORLD OF POSSIBILITIES FOR AGING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD SIGNS A CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSES CONFLICTS AS THEY ARISE THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING, POLICIES, TAX RETURNS, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. THE FORM 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING, POLICIES, TAX RETURNS, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. THE FORM 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DEPRECIATION DIFFERENCE 2,668 BOOK TAX DIFFERENCE IN REALIZED GAINS -4,437 TOTAL -1,769
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt0733842

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.53$0.98$0.55$2.16$2.20$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.91$0.38$0.53$1.52$1.54$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.34$0.53$1.21$1.15$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.75$0.56$0.95$0.89$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.92$0.41$0.69$0.86$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.77$0.16$0.61$1.10$0.97$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.21$0.52$0.96$0.91$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.76$0.30$0.46$0.84$0.82$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.41$0.43$0.98$0.63$0.35
2015Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.86$1.01$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.86$0.73$0.13
2013Summary only. Only limited summary data is available for this year.$0.64$0.00$0.64$0.82$0.87$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.00$0.68$0.77
2011Summary only. Only limited summary data is available for this year.$0.67$0.00$0.67$0.86$0.81$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.79