Civic Intelligence

Residential Continuum Inc.

990 • Fiscal year 2023 • EIN 52-1575246

Jul 01, 2022 to Jun 30, 2023 • Filed on Mar 18, 2024

Organization ProfileN/A
15825 Shady Grove Road Ste 40Rockville, MD 20850-4033

(301) 762-1650

Siviq Scores

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

Liabilities / Assets

76th percentile

0.51x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

4.22x

Higher debt load relative to revenue than 93% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

18th percentile

-3.3%

Faster asset growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-20%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$10,043,283

Down $340,097 (-3.3%) from 2022

Net Assets

Up

$4,890,804

Up $145,632 (+3.1%) from 2022

Liabilities

Down

$5,152,479

Down $485,729 (-8.6%) from 2022

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin66th percentile

Revenue

Down

$1,222,328

Down $300,669 (-20%) from 2022

Expenses

Up

$1,076,696

Up $213,219 (+25%) from 2022

Net Income

Down

$145,632

Down $513,888 (-78%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$15M$10M$5.0M$0Assets 2011: $9,819,225Liabilities 2011: $5,146,970Net Assets 2011: $4,672,2552011Assets 2012: $9,519,725Liabilities 2012: $4,767,330Net Assets 2012: $4,752,3952012Assets 2013: $6,541,583Liabilities 2013: $4,076,794Net Assets 2013: $2,464,7892013Assets 2014: $6,493,052Liabilities 2014: $3,841,164Net Assets 2014: $2,651,8882014Assets 2015: $6,268,405Liabilities 2015: $3,570,016Net Assets 2015: $2,698,3892015Assets 2016: $6,167,130Liabilities 2016: $3,327,179Net Assets 2016: $2,839,9512016Assets 2017: $6,357,107Liabilities 2017: $3,336,826Net Assets 2017: $3,020,2812017Assets 2018: $6,484,079Liabilities 2018: $3,257,858Net Assets 2018: $3,226,2212018Assets 2019: $6,571,667Liabilities 2019: $3,074,092Net Assets 2019: $3,497,5752019Assets 2020: $6,482,712Liabilities 2020: $2,777,578Net Assets 2020: $3,705,1342020Assets 2021: $7,068,010Liabilities 2021: $2,982,358Net Assets 2021: $4,085,6522021Assets 2022: $10,383,380Liabilities 2022: $5,638,208Net Assets 2022: $4,745,1722022Assets 2023: $10,043,283Liabilities 2023: $5,152,479Net Assets 2023: $4,890,8042023Assets 2024: $9,991,401Liabilities 2024: $4,737,675Net Assets 2024: $5,253,7262024

Highlighted filing

2023

Assets$10,043,283
Liabilities$5,152,479
Net Assets$4,890,804
Open 2023 Filing

Operations Trend

Revenue Growth17th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0M-$3.0MRevenue 2011: $1,015,443Expenses 2011: $1,042,966Net Income 2011: -$27,5232011Revenue 2012: $1,085,610Expenses 2012: $1,005,472Net Income 2012: $80,1382012Revenue 2013: -$1,295,488Expenses 2013: $992,118Net Income 2013: -$2,287,6062013Revenue 2014: $1,078,443Expenses 2014: $891,344Net Income 2014: $187,0992014Revenue 2015: $946,684Expenses 2015: $900,183Net Income 2015: $46,5012015Revenue 2016: $947,825Expenses 2016: $806,263Net Income 2016: $141,5622016Revenue 2017: $1,050,041Expenses 2017: $869,711Net Income 2017: $180,3302017Revenue 2018: $980,309Expenses 2018: $774,369Net Income 2018: $205,9402018Revenue 2019: $989,218Expenses 2019: $717,864Net Income 2019: $271,3542019Revenue 2020: $899,617Expenses 2020: $692,058Net Income 2020: $207,5592020Revenue 2021: $1,101,415Expenses 2021: $720,897Net Income 2021: $380,5182021Revenue 2022: $1,522,997Expenses 2022: $863,477Net Income 2022: $659,5202022Revenue 2023: $1,222,328Expenses 2023: $1,076,696Net Income 2023: $145,6322023Revenue 2024: $1,371,611Expenses 2024: $1,008,689Net Income 2024: $362,9222024

Highlighted filing

2023

Revenue$1,222,328
Expenses$1,076,696
Net Income$145,632
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 18, 2024
Return Version
2022v5.0
Gross Receipts
$1,278,867
Mission and Program Overview

Mission

The organization was founded to acquire interest in real properties in montgomery county, maryland to provide housing and manage the properties for autistic adults and children.

The organization was founded to provide housing for children and adults with autism and other developmental disabilities. All properties are leased to community services for autistic adults and children (csaac).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,523,888$8,561,669▲ $37,781
Savings and Temporary Cash Investments$1,750,149$1,389,893▼ $360,256
Cash and Non-Interest-Bearing Accounts$51,363$37,740▼ $13,623
Prepaid Expenses and Deferred Charges-$2,997-
Accounts Receivable$11,280$2,858▼ $8,422
Total Assets$10,383,380$10,043,283▼ $340,097
Other Assets Total$46,700$48,126▲ $1,426
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,877,222$4,565,580▼ $311,642
Other Liabilities$395,051$404,914▲ $9,863
Accounts Payable and Accrued Expenses$347,326$159,042▼ $188,284
Deferred Revenue$18,609$22,943▲ $4,334
Total Liabilities$5,638,208$5,152,479▼ $485,729
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,745,172$4,890,804▲ $145,632
Total Net Assets Fund Balance$4,745,172$4,890,804▲ $145,632
Total Liabilities and Net Assets / Fund Balance$10,383,380$10,043,283▼ $340,097

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,189,548$4,826,583$10,016,131
Land$3,372,121-$3,372,121
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Scott SalzanoPresident
Glenda RoseVice President
Dr Anne RobertsonDirector
Mary MariusDirector
Molly MyersDirector
Tom ScafidiDirector
Deborah SeilsSecretary
Nilda ColgroveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,269,919
Investment Income
$-47,596
Other Revenue
$5
Change in Net Assets
$145,632

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,222,328
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,222,328
Total Revenue per Form 990
$1,222,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,076,696
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$290,311--$290,311
Interest$208,458--$208,458
Fees for Services Accounting$4,700$42,515-$47,215
Other Expenses$27,033--$27,033
All Other Expenses$9,224$2,496-$11,720
Fees for Services Other$11,408--$11,408
Total Functional Expenses$1,031,685$45,011$0$1,076,696

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,076,696
Total Expenses per Audited Statements$1,076,696
Total Expenses per Form 990$1,076,696
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Due to Csaac$382,057
Security Deposit Payable$22,857
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“NOT APPLICABLE”

Form 990, Part VI, Section B, Line 11B

“Executive director reviews form 990 and provides a copy of the form 990 to the governing body prior to it being filed.”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies, the 990 and financial statements are available at the organization's office upon request.”

Filing and Contact Details

Filer

Filer Name
Residential Continuum Inc
EIN
52-1575246
Phone
3017621650
Address
15825 SHADY GROVE ROAD STE 40, ROCKVILLE, MD 20850-4033

Signing Officer

Name
Scott Salzano
Title
President
Phone
2409122220
Signed
2024-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Salzano
Formed
1981
Legal Domicile
Md
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Lswg Pa
Address
1801 RESEARCH BLVD SUITE 320, ROCKVILLE, MD 20850
Preparer
C Eva Webb
Phone
3016629200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Miscellaneous admin: program service expenses 9,224. Management and general expenses 2,496. Fundraising expenses 0. Total expenses 11,720.”

Part XII, Line 2C

“No change in this process from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a nonprofit organization exempt from federal income taxes under section 501 (c)(3) of the internal revenue code. Income from certain activities not directly related to the organization's tax-exempt purpose is subject to taxation as unrelated business income. The organization did not engage in any unrelated business activities during the fiscal year. The organization has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. The organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the organization's financial condition, results of operations or cash flows. Accordingly, the organization has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positons at june 30, 2023. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization's policy is to classify income tax related interest and penalties in interest expense and other expenses. For tax purposes, the organization's open audit years are 2019-2021.”

Raw XML AppendixShowing 400 of 422 raw XML fields

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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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0433831
IRS990/PYOtherExpensesAmt0863477
IRS990/PYOtherRevenueAmt04288
IRS990/PYProgramServiceRevenueAmt01084878
IRS990/PYRevenuesLessExpensesAmt0659520
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0863477
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01522997
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0145632
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0952936
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01750149
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01389893
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0PROVIDES FACILITIES THAT HOUSE AUTISTIC ADULTS AND CHILDREN ON A CONTINUING BASIS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2018 AMOUNT: $ 526. 2021 AMOUNT: $ 4,288. 2022 AMOUNT: $ 5.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08943
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0718
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0867
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0991
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0192
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011711
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01269919
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01084878
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0896322
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0898626
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0948170
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05097915
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08943
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0718
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0867
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0991
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0192
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011711
IRS990ScheduleA/InvestmentIncomeCYPct00.00230
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04288
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0526
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04819
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99680
IRS990ScheduleA/PublicSupportTotal509Amt05097915
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01269919
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01084878
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0896322
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0898626
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0948170
IRS990ScheduleA/Total509Grp/TotalAmt05097915
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01278867
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01089884
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0897189
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0899617
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0948888
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05114445
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05189548
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04826583
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010016131
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01076696
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03372121
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03372121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0382057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt122857
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CSAAC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSIT PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01222328
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION DID NOT ENGAGE IN ANY UNRELATED BUSINESS ACTIVITIES DURING THE FISCAL YEAR. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITONS AT JUNE 30, 2023. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES. FOR TAX PURPOSES, THE ORGANIZATION'S OPEN AUDIT YEARS ARE 2019-2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08561669
IRS990ScheduleD/TotalExpensesPerForm990Amt01076696
IRS990ScheduleD/TotalLiabilityAmt0404914
IRS990ScheduleD/TotalRevenuePerForm990Amt01222328
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01222328
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01076696
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NOT APPLICABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE DIRECTOR REVIEWS FORM 990 AND PROVIDES A COPY OF THE FORM 990 TO THE GOVERNING BODY PRIOR TO IT BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES, THE 990 AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISCELLANEOUS ADMIN: PROGRAM SERVICE EXPENSES 9,224. MANAGEMENT AND GENERAL EXPENSES 2,496. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,720.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010383380
IRS990/TotalAssetsEOYAmt010043283
IRS990/TotalAssetsGrp/BOYAmt010383380
IRS990/TotalAssetsGrp/EOYAmt010043283
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045011
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01031685
IRS990/TotalFunctionalExpensesGrp/TotalAmt01076696
IRS990/TotalGrossUBIAmt0260444
IRS990/TotalLiabilitiesBOYAmt05638208
IRS990/TotalLiabilitiesEOYAmt05152479
IRS990/TotalLiabilitiesGrp/BOYAmt05638208
IRS990/TotalLiabilitiesGrp/EOYAmt05152479
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04745172
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04890804
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01031685
IRS990/TotalProgramServiceRevenueAmt01269919
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08948
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0952936
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01222328
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0260444
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010383380
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010043283
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015825 SHADY GROVE ROAD STE 40
IRS990/USAddress/CityNm0ROCKVILLE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd0208504033
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT SALZANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02409122220
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESIDENTIAL CONTINUUM INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O PHILLIPS & ASSOCIATES CPA
ReturnHeader/Filer/BusinessNameControlTxt0RESI

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,043,283
Liabilities
$5,152,479
Net assets
$4,890,804
Revenue
$1,222,328
Expenses
$1,076,696
Net income
$145,632
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.99$4.74$5.25$1.37$1.01$0.36
2023Detailed filing. Detailed filing data is available for this year.$10.0$5.15$4.89$1.22$1.08$0.15
2022Detailed filing. Detailed filing data is available for this year.$10.4$5.64$4.75$1.52$0.86$0.66
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.07$2.98$4.09$1.10$0.72$0.38
2020Detailed filing. Detailed filing data is available for this year.$6.48$2.78$3.71$0.90$0.69$0.21
2019Detailed filing. Detailed filing data is available for this year.$6.57$3.07$3.50$0.99$0.72$0.27
2018Detailed filing. Detailed filing data is available for this year.$6.48$3.26$3.23$0.98$0.77$0.21
2017Detailed filing. Detailed filing data is available for this year.$6.36$3.34$3.02$1.05$0.87$0.18
2016Detailed filing. Detailed filing data is available for this year.$6.17$3.33$2.84$0.95$0.81$0.14
2015Detailed filing. Detailed filing data is available for this year.$6.27$3.57$2.70$0.95$0.90$0.05
2014Detailed filing. Detailed filing data is available for this year.$6.49$3.84$2.65$1.08$0.89$0.19
2013Summary only. Only limited summary data is available for this year.$6.54$4.08$2.46$1.30$0.99$2.29
2012Summary only. Only limited summary data is available for this year.$9.52$4.77$4.75$1.09$1.01$0.08
2011Summary only. Only limited summary data is available for this year.$9.82$5.15$4.67$1.02$1.04$0.03