Civic Intelligence

Insight Memory Care Center

990 • Fiscal year 2023 • EIN 52-1361974

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 17, 2023

3953 Pender Drive 100Fairfax, VA 22030

(703) 204-4664

Siviq Scores

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

Liabilities / Assets

78th percentile

0.37x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.47x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

42nd percentile

0.9%

Higher net margin than 42% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$151,367

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

87th percentile

42%

Faster asset growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

34th percentile

-2.6%

Faster revenue growth than 34% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$4,474,864

Up $1,319,891 (+42%) from 2022

Net Assets

Up

$2,835,421

Up $48,202 (+1.7%) from 2022

Liabilities

Up

$1,639,443

Up $1,271,689 (+346%) from 2022

Revenue

Down

$3,458,192

Down $92,034 (-2.6%) from 2022

Expenses

Up

$3,428,518

Up $460,874 (+16%) from 2022

Net Income

Down

$29,674

Down $552,908 (-95%) from 2022

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: $1,147,610Liabilities 2011: $55,410Net Assets 2011: $1,092,2002011Assets 2012: $1,196,273Liabilities 2012: $50,643Net Assets 2012: $1,145,6302012Assets 2013: $1,254,775Liabilities 2013: $68,910Net Assets 2013: $1,185,8652013Assets 2014: $1,361,230Liabilities 2014: $93,879Net Assets 2014: $1,267,3512014Assets 2015: $1,948,812Liabilities 2015: $557,573Net Assets 2015: $1,391,2392015Assets 2016: $2,088,518Liabilities 2016: $535,641Net Assets 2016: $1,552,8772016Assets 2017: $2,149,767Liabilities 2017: $546,103Net Assets 2017: $1,603,6642017Assets 2018: $2,125,669Liabilities 2018: $477,535Net Assets 2018: $1,648,1342018Assets 2019: $2,287,953Liabilities 2019: $498,119Net Assets 2019: $1,789,8342019Assets 2020: $2,198,243Liabilities 2020: $821,705Net Assets 2020: $1,376,5382020Assets 2021: $3,228,880Liabilities 2021: $760,127Net Assets 2021: $2,468,7532021Assets 2022: $3,154,973Liabilities 2022: $367,754Net Assets 2022: $2,787,2192022Assets 2023: $4,474,864Liabilities 2023: $1,639,443Net Assets 2023: $2,835,4212023Assets 2024: $4,412,714Liabilities 2024: $1,184,561Net Assets 2024: $3,228,1532024Assets 2025: $3,976,086Liabilities 2025: $432,812Net Assets 2025: $3,543,2742025

Highlighted filing

2023

Assets$4,474,864
Liabilities$1,639,443
Net Assets$2,835,421

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,189,668Expenses 2011: $1,079,474Net Income 2011: $110,1942011Revenue 2012: $1,144,746Expenses 2012: $1,091,316Net Income 2012: $53,4302012Revenue 2013: $1,262,122Expenses 2013: $1,221,887Net Income 2013: $40,2352013Revenue 2014: $1,472,391Expenses 2014: $1,390,905Net Income 2014: $81,4862014Revenue 2015: $1,857,051Expenses 2015: $1,733,163Net Income 2015: $123,8882015Revenue 2016: $2,171,253Expenses 2016: $2,009,615Net Income 2016: $161,6382016Revenue 2017: $2,395,574Expenses 2017: $2,344,787Net Income 2017: $50,7872017Revenue 2018: $2,541,839Expenses 2018: $2,497,369Net Income 2018: $44,4702018Revenue 2019: $2,584,288Expenses 2019: $2,442,588Net Income 2019: $141,7002019Revenue 2020: $2,279,542Expenses 2020: $2,692,838Net Income 2020: -$413,2962020Revenue 2021: $3,053,946Expenses 2021: $2,142,789Net Income 2021: $911,1572021Revenue 2022: $3,550,226Expenses 2022: $2,967,644Net Income 2022: $582,5822022Revenue 2023: $3,458,192Expenses 2023: $3,428,518Net Income 2023: $29,6742023Revenue 2024: $3,760,804Expenses 2024: $3,495,245Net Income 2024: $265,5592024Revenue 2025: $4,014,669Expenses 2025: $3,811,128Net Income 2025: $203,5412025

Highlighted filing

2023

Revenue$3,458,192
Expenses$3,428,518
Net Income$29,674
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 17, 2023
Return Version
2022v5.0
Gross Receipts
$3,506,464
Mission and Program Overview

Mission

Insight Memory Care Center (IMCC) is a nonprofit adult day health and resource center providing specialized care, support, and education for individuals with dementia.

Insight Memory Care Center (IMCC) is a nonprofit adult day health and resource center providing specialized care, support, and education for individuals with Alzheimers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,552,893$1,623,656▲ $70,763
Savings and Temporary Cash Investments$1,200,451$1,223,751▲ $23,300
Land, Buildings, and Equipment, Net$250,436$176,373▼ $74,063
Prepaid Expenses and Deferred Charges$40,805$49,984▲ $9,179
Accounts Receivable$45,670$39,268▼ $6,402
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,154,973$4,474,864▲ $1,319,891
Other Assets Total$64,718$1,361,832▲ $1,297,114
Liabilities
Other Liabilities$242,355$976,897▲ $734,542
Accounts Payable and Accrued Expenses$125,399$662,546▲ $537,147
Total Liabilities$367,754$1,639,443▲ $1,271,689
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,727,843$2,741,251▲ $13,408
Net Assets With Donor Restrictions$59,376$94,170▲ $34,794
Total Net Assets Fund Balance$2,787,219$2,835,421▲ $48,202
Total Liabilities and Net Assets / Fund Balance$3,154,973$4,474,864▲ $1,319,891

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$165,238$548,824$714,062
Other Land Buildings$10,018$193,213$203,231
Equipment$1,117$7,129$8,246
Other Assets Org$64,718--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anita IrvinExecutive DirectorFT$151,367$151,367
Jessica Petersassistant directorFT$138,577$138,577

Board Members and Trustees

NameTitle
Arvette ReidPresident
Tiffani C MooreVice President
Brigid ReynoldsDirector
Deborah WilsonDirector
Donald GoldrosenDirector
Jaclyn IrvineDirector
Pam ReynoldsDirector
Paul D EvansDirector
Sarah MouserDirector
Susan M StadsklevDirector
Mia Debarbierimember at large
Mark EpsteinSecretary
Ken ConnellyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$924,719
Program Service Revenue
$2,256,012
Investment Income
$54,994
Other Revenue
$222,467
All Other Contributions
$485,202
Change in Net Assets
$29,674

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,448,930
Revenue Not Reported on Financial Statements
$9,262
Revenue Not Reported on Form 990
$110,766
Total Revenue per Audited Statements
$3,559,696
Total Revenue per Form 990
$3,458,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,359,187
Other Expenses$1,069,331
Total Fundraising Expense$257,580
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,519,067$209,736$133,549$1,862,352
Occupancy$408,970$61,340$40,010$510,320
Current Officers, Directors, Trustees, and Key Employees$114,512$35,235$26,426$176,173
Other Employee Benefits$131,404$19,709$12,855$163,968
Payroll Taxes$125,575$18,835$12,284$156,694
Information Technology$108,449$16,263$10,619$135,331
Depreciation Depletion$62,224$9,331$6,093$77,648
All Other Expenses$37,054$4,436$2,894$44,384
Office Expenses$30,447$4,567$2,981$37,995
Insurance$21,861$3,278$2,140$27,279
Other Expenses$20,477$3,071$2,005$25,553
Fees for Services Other-$24,743-$24,743
Travel$10,135$1,520$992$12,647
Fees for Services Accounting-$6,750-$6,750
Total Functional Expenses$2,737,927$433,011$257,580$3,428,518

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,511,494
Expenses per Audited Statements$3,428,518
Total Expenses per Form 990$3,428,518
Expenses Not Reported on Form 990$82,976
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$270,739
Fundraising Direct Expenses$48,272
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Paintings and Pairings$239,467$239,467$11,807$227,660
Legacy Breakfast$31,272$31,272-$31,272
Total Events$270,739$270,739$48,272$222,467
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$976,897
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
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, Part VI, Section B, Line 11B

A draft of the 990 was provided to the board of directors who reviewed the return and any necessary corrections were made before completion of the return.

Form 990, Part VI, Section B, Line 15A

The board of directors approves compensation for all employees as part of the annual budget process.

Form 990, Part VI, Section C, Line 19

All documents are made available to the inquiring party upon request.

Filing and Contact Details

Filer

Filer Name
Insight Memory Care Center
EIN
52-1361974
Phone
7032044664
Address
3953 PENDER DRIVE 100, FAIRFAX, VA 22030

Signing Officer

Name
Anita Irvin
Title
Executive Director
Signed
2023-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anita Irvin
Formed
1984
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
59
Volunteers
47

Preparer

Firm
Dunham Aukamp & Rhodes Plc
Address
4443 BROOKFIELD CORPORATE DRIVE SUI, CHANTILLY, VA 20151
Preparer
Michael D Aukamp CPA
Phone
7036318940
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Uncertain Tax Positions - As of June 30, 2023, the Center has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The tax years subject to examination by the taxing authorities are the years ended June 30, 2020 through 2022.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
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IRS990/InsuranceGrp/FundraisingAmt02140
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IRS990/PYSalariesCompEmpBnftPaidAmt02023658
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IRS990/ReconcilationRevenueExpnssAmt029674
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportOtherAssetsInd0true
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01925814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0744876
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014342
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-1617
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030812

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.98$0.43$3.54$4.01$3.81$0.20
2024Detailed filing. Detailed filing data is available for this year.$4.41$1.18$3.23$3.76$3.50$0.27
2023Detailed filing. Detailed filing data is available for this year.$4.47$1.64$2.84$3.46$3.43$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.15$0.37$2.79$3.55$2.97$0.58
2021Detailed filing. Detailed filing data is available for this year.$3.23$0.76$2.47$3.05$2.14$0.91
2020Detailed filing. Detailed filing data is available for this year.$2.20$0.82$1.38$2.28$2.69$0.41
2019Detailed filing. Detailed filing data is available for this year.$2.29$0.50$1.79$2.58$2.44$0.14
2018Detailed filing. Detailed filing data is available for this year.$2.13$0.48$1.65$2.54$2.50$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.15$0.55$1.60$2.40$2.34$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.09$0.54$1.55$2.17$2.01$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.56$1.39$1.86$1.73$0.12
2014Summary only. Only limited summary data is available for this year.$1.36$0.09$1.27$1.47$1.39$0.08
2013Summary only. Only limited summary data is available for this year.$1.25$0.07$1.19$1.26$1.22$0.04
2012Summary only. Only limited summary data is available for this year.$1.20$0.05$1.15$1.14$1.09$0.05
2011Summary only. Only limited summary data is available for this year.$1.15$0.06$1.09$1.19$1.08$0.11