Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
EIN 52-1509032 • 501(c)25 • Frederick, MD
Profile
Arc properties holds title to and leases real property to its parent organization, the arc of frederick county, inc., a 501(c)(3) non-profit organization.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
36th percentile
Faster revenue growth than 36% of similar nonprofits.
Assets
Up$6,350,197
Up $181,806 (+2.9%) from 2024
Liabilities
Up$3,664,250
Up $9,725 (+0.3%) from 2024
Net Assets
Up$2,685,947
Up $172,081 (+6.8%) from 2024
Revenue
Up$398,774
Up $11,045 (+2.8%) from 2024
Expenses
Up$226,693
Up $31,459 (+16%) from 2024
Net Income
Down$172,081
Down $20,414 (-11%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
Arc properties holds title to and leases real property to its parent organization, the arc of frederick county, inc., a 501(c)(3) non-profit organization.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $4,225,148 | $3,703,590 | ▼ $521,558 |
| Cash and Non-Interest-Bearing Accounts | $1,943,243 | $2,199,927 | ▲ $256,684 |
| Total Assets | $6,168,391 | $6,350,197 | ▲ $181,806 |
| Other Assets Total | $0 | $446,680 | ▲ $446,680 |
| Liabilities | |||
| Other Liabilities | $3,654,525 | $3,654,525 | → $0 |
| Accounts Payable and Accrued Expenses | - | $9,725 | - |
| Total Liabilities | $3,654,525 | $3,664,250 | ▲ $9,725 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,513,866 | $2,685,947 | ▲ $172,081 |
| Total Net Assets Fund Balance | $2,513,866 | $2,685,947 | ▲ $172,081 |
| Total Liabilities and Net Assets / Fund Balance | $6,168,391 | $6,350,197 | ▲ $181,806 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,802,865 | $962,487 | $3,765,352 |
| Land | $900,725 | - | $900,725 |
| Equipment | $0 | $5,669 | $5,669 |
| Other Assets Org | $446,680 | - | - |
| Name | Title |
|---|---|
| Adriana Toro | President |
| Kathy Laky | Vice President |
| Shauna Mulcahy | Member at Large |
| Greta Harrison | Secretary |
| Duncan Barks | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $226,693 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | - | - | - | $112,925 |
| Depreciation Depletion | - | - | - | $112,768 |
| Fees for Services Accounting | - | - | - | $1,000 |
| Total Functional Expenses | $0 | $0 | $0 | $226,693 |
| Line Item | Amount |
|---|---|
| Expenses Not Reported on Form 990 | $13,575,739 |
| Total Expenses per Audited Statements | $13,418,432 |
| Expenses Not Reported on Financial Statements | $384,000 |
| Other Expense Adjustments | $384,000 |
| Total Expenses per Form 990 | $226,693 |
| Expenses per Audited Statements | $-157,307 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Arc of Frederick County, Inc | $3,615,525 |
| Security Deposits | $39,000 |
“A copy of the form 990 is reviewed by the 990 form review committee and is then distributed to the board of directors for review with any significant items of note being communicated.”
“The organization requires board members to sign conflict of interest disclosures annually and any potential conflicts are discussed and resolved at board meetings as they arise.”
“An annual evaluation is conducted by the board including a comparison to national and local compensation averages and 990 forms for similar organizations based on years of experience. The board of directors is asked their input into the evaluation.”
“The organization makes its form 990 available to the public upon request.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“The organization's financial statements are audited each year by an independent public accountant under the direction of the board of directors.”
“The organization follows the guidance of asc 740-10, "accounting for uncertainty in income taxes" which clarifies the accounting for the recognition and measurement of the benefits of individual tax positions in the financial statement, including those of non-profit organizations. Tax positions must meet a recognition threshold of more-likely-than-not in order for the benefit of those tax positions to be recognized in the organization's financial statements. The organization analyzes tax positions taken, including those related to the requirements set forth in irc sec. 501(c) to qualify as a tax exempt organization, activities performed by volunteers and board members, the reporting of unrelated business income, and its status as a tax-exempt organization under maryland state statute. The organization does not know of any tax benefits arising from uncertain tax positions and there was no effect on the organization's financial position or changes in net assets as a result of analyzing its tax positions.”
“Revenue of consolidated entity”
“Rental revenue eliminated on consolidated audited financial statements”
“Expenses of consolidated entity”
“Rental expense eliminated on consolidated audited financial statements”
“Other liabilities consist of amounts due to the organizations parent organization, the arc of frederick county, inc.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/Desc | 0 | ARC PROPERTIES HOLDS TITLE TO AND LEASES REAL PROPERTY TO ITS PARENT ORGANIZATION, THE ARC OF FREDERICK COUNTY, INC., A 501(C)(3) NON-PROFIT ORGANIZATION. |
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| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1986 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
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| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
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| IRS990/GrossRentsGrp/RealAmt | 0 | 384000 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
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| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 14774 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 14774 |
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| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
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| IRS990/MinutesOfCommitteesInd | 0 | 1 |
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| IRS990/MissionDesc | 0 | ARC PROPERTIES HOLDS TITLE TO AND LEASES REAL PROPERTY TO ITS PARENT ORGANIZATION, THE ARC OF FREDERICK COUNTY, INC., A 501(C)(3) NON-PROFIT ORGANIZATION. |
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| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 384000 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION FOLLOWS THE GUIDANCE OF ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS IN THE FINANCIAL STATEMENT, INCLUDING THOSE OF NON-PROFIT ORGANIZATIONS. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT OF THOSE TAX POSITIONS TO BE RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC. 501(C) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE ORGANIZATION DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE ORGANIZATION'S FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | REVENUE OF CONSOLIDATED ENTITY |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | RENTAL REVENUE ELIMINATED ON CONSOLIDATED AUDITED FINANCIAL STATEMENTS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | EXPENSES OF CONSOLIDATED ENTITY |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 4 | RENTAL EXPENSE ELIMINATED ON CONSOLIDATED AUDITED FINANCIAL STATEMENTS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 5 | OTHER LIABILITIES CONSIST OF AMOUNTS DUE TO THE ORGANIZATIONS PARENT ORGANIZATION, THE ARC OF FREDERICK COUNTY, INC. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | PAGE IV LINE 11E EXPLANATION |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3654525 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 398774 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A COPY OF THE FORM 990 IS REVIEWED BY THE 990 FORM REVIEW COMMITTEE AND IS THEN DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW WITH ANY SIGNIFICANT ITEMS OF NOTE BEING COMMUNICATED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION REQUIRES BOARD MEMBERS TO SIGN CONFLICT OF INTEREST DISCLOSURES ANNUALLY AND ANY POTENTIAL CONFLICTS ARE DISCUSSED AND RESOLVED AT BOARD MEETINGS AS THEY ARISE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AN ANNUAL EVALUATION IS CONDUCTED BY THE BOARD INCLUDING A COMPARISON TO NATIONAL AND LOCAL COMPENSATION AVERAGES AND 990 FORMS FOR SIMILAR ORGANIZATIONS BASED ON YEARS OF EXPERIENCE. THE BOARD OF DIRECTORS IS ASKED THEIR INPUT INTO THE EVALUATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED EACH YEAR BY AN INDEPENDENT PUBLIC ACCOUNTANT UNDER THE DIRECTION OF THE BOARD OF DIRECTORS. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XII, LINE 2C; |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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