Civic Intelligence

Facets Cares Inc

EIN 54-1516266 • 501(c)3 • Fairfax, VA

Profile

Facets opens doors by helping parents, their children, and individualswho suffer the effects of poverty in fairfax county.

10700 Page Avenue Building BFairfax, VA 22030

www.facetscares.org

Siviq Scores

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

Liabilities / Assets

68th percentile

0.30x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.17x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

39th percentile

0.5%

Higher net margin than 39% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$169,487

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

59th percentile

7.1%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-10%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,582,818

Up $302,324 (+7.1%) from 2023

Liabilities

Up

$1,386,639

Up $228,872 (+20%) from 2023

Net Assets

Up

$3,196,179

Up $73,452 (+2.4%) from 2023

Revenue

Down

$7,948,659

Down $919,342 (-10%) from 2023

Expenses

Down

$7,907,412

Down $446,207 (-5.3%) from 2023

Net Income

Down

$41,247

Down $473,135 (-92%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,124,927Liabilities 2011: $58,745Net Assets 2011: $1,066,1822011Assets 2012: $804,262Liabilities 2012: $37,407Net Assets 2012: $766,8552012Assets 2013: $915,708Liabilities 2013: $38,052Net Assets 2013: $877,6562013Assets 2014: $1,097,037Liabilities 2014: $36,702Net Assets 2014: $1,060,3352014Assets 2015: $1,063,261Liabilities 2015: $39,536Net Assets 2015: $1,023,7252015Assets 2016: $1,040,283Liabilities 2016: $158,206Net Assets 2016: $882,0772016Assets 2017: $1,028,834Liabilities 2017: $412,709Net Assets 2017: $616,1252017Assets 2018: $1,010,850Liabilities 2018: $303,014Net Assets 2018: $707,8362018Assets 2019: $1,133,820Liabilities 2019: $346,371Net Assets 2019: $787,4492019Assets 2020: $2,480,147Liabilities 2020: $1,379,031Net Assets 2020: $1,101,1162020Assets 2021: $2,950,010Liabilities 2021: $1,138,078Net Assets 2021: $1,811,9322021Assets 2022: $3,381,594Liabilities 2022: $806,774Net Assets 2022: $2,574,8202022Assets 2023: $4,280,494Liabilities 2023: $1,157,767Net Assets 2023: $3,122,7272023Assets 2024: $4,582,818Liabilities 2024: $1,386,639Net Assets 2024: $3,196,1792024

Highlighted filing

2024

Assets$4,582,818
Liabilities$1,386,639
Net Assets$3,196,179

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,213,713Expenses 2011: $2,296,424Net Income 2011: -$82,7112011Expenses 2012: $1,782,4212012Revenue 2013: $1,974,918Expenses 2013: $1,889,316Net Income 2013: $85,6022013Revenue 2014: $2,447,708Expenses 2014: $2,304,133Net Income 2014: $143,5752014Revenue 2015: $2,431,744Expenses 2015: $2,451,813Net Income 2015: -$20,0692015Revenue 2016: $2,819,469Expenses 2016: $2,930,951Net Income 2016: -$111,4822016Revenue 2017: $3,722,301Expenses 2017: $3,889,615Net Income 2017: -$167,3142017Revenue 2018: $4,189,297Expenses 2018: $4,116,748Net Income 2018: $72,5492018Revenue 2019: $4,609,030Expenses 2019: $4,541,450Net Income 2019: $67,5802019Revenue 2020: $5,271,601Expenses 2020: $4,959,503Net Income 2020: $312,0982020Revenue 2021: $9,480,895Expenses 2021: $8,911,925Net Income 2021: $568,9702021Revenue 2022: $10,336,050Expenses 2022: $9,512,638Net Income 2022: $823,4122022Revenue 2023: $8,868,001Expenses 2023: $8,353,619Net Income 2023: $514,3822023Revenue 2024: $7,948,659Expenses 2024: $7,907,412Net Income 2024: $41,2472024

Highlighted filing

2024

Revenue$7,948,659
Expenses$7,907,412
Net Income$41,247

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.58$1.39$3.20$7.95$7.91$0.04
2023Detailed filing. Detailed filing data is available for this year.$4.28$1.16$3.12$8.87$8.35$0.51
2022Detailed filing. Detailed filing data is available for this year.$3.38$0.81$2.57$10.3$9.51$0.82
2021Detailed filing. Detailed filing data is available for this year.$2.95$1.14$1.81$9.48$8.91$0.57
2020Detailed filing. Detailed filing data is available for this year.$2.48$1.38$1.10$5.27$4.96$0.31
2019Detailed filing. Detailed filing data is available for this year.$1.13$0.35$0.79$4.61$4.54$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.01$0.30$0.71$4.19$4.12$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.03$0.41$0.62$3.72$3.89$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.16$0.88$2.82$2.93$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.06$0.04$1.02$2.43$2.45$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.10$0.04$1.06$2.45$2.30$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.04$0.88$1.97$1.89$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.04$0.77$1.78
2011Summary only. Only limited summary data is available for this year.$1.12$0.06$1.07$2.21$2.30$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$7,985,390
Mission and Program Overview

Mission

Facets transforms lives by stabilizing and empowering individuals and families facing poverty, housing instability, hunger, and financial insecurity. Through innovative programs, strong partnerships, and data-driven strategies, we create pathways to lasting and systemic change.

Facets opens doors by helping parents, their children, and individuals who suffer the effects of poverty in fairfax county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,408,325$1,407,968▼ $357
Accounts Receivable$2,049,919$1,293,181▼ $756,738
Investments in Publicly Traded Securities$437,372$656,156▲ $218,784
Prepaid Expenses and Deferred Charges$152,522$125,001▼ $27,521
Cash and Non-Interest-Bearing Accounts$157,726$110,778▼ $46,948
Land, Buildings, and Equipment, Net$62,572$108,650▲ $46,078
Total Assets$4,280,494$4,582,818▲ $302,324
Other Assets Total$12,058$881,084▲ $869,026
Liabilities
Other Liabilities$701,608$883,457▲ $181,849
Accounts Payable and Accrued Expenses$456,159$503,182▲ $47,023
Total Liabilities$1,157,767$1,386,639▲ $228,872
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,016,891$3,116,399▲ $99,508
Net Assets With Donor Restrictions$105,836$79,780▼ $26,056
Total Net Assets Fund Balance$3,122,727$3,196,179▲ $73,452
Total Liabilities and Net Assets / Fund Balance$4,280,494$4,582,818▲ $302,324

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$108,650$187,501$296,151
Other Assets Org$58,254--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe FayExecutive DirectorFT$149,979$19,508$169,487

Board Members and Trustees

NameTitle
Hugh TaylorChair
Brian IversonVice Chair
Animesh ChowdhuryBoard Member
Cheryl FitzgeraldBoard Member
Diane WeaverBoard Member
Don HarrisBoard Member
Ed GordonBoard Member
Eleanor WeisBoard Member
Eric WardenBoard Member
Gloria LettBoard Member
Karen WilliamsBoard Member
Kevin RockmannBoard Member
Pete RyanBoard Member
Valerie BaldwinBoard Member
Weetie HillBoard Member
Zaki SalehBoard Member
Pat MccallSecretary
Jerry CarusoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Csm Accounting Associates INCAccounting Services10615 JUDICIAL DRIVE SUITE 402, Fairfax, VA 22030$225,053
Revenue and Support

Revenue Composition

Contributions and Grants
$7,799,760
Program Service Revenue
$129,532
Investment Income
$46,280
Other Revenue
$-26,913
All Other Contributions
$1,703,335
Change in Net Assets
$41,247

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$677,791Fair Market Value
Other Non Cash Contri Table43$157,034Fair Market Value
Other Non Cash Contri Table57$58,681Fair Market Value
Other Non Cash Contri Table62$43,427Fair Market Value
Other Non Cash Contri Table31$38,046Fair Market Value
Total Noncash Contributions193$974,979-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,985,390
Revenue Not Reported on Financial Statements
$-36,731
Revenue Not Reported on Form 990
$812,848
Other Revenue Adjustments
$-36,731
Total Revenue per Audited Statements
$8,798,238
Total Revenue per Form 990
$7,948,659
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,577,842
Salaries, Compensation, and Employee Benefits$3,329,570
Total Fundraising Expense$196,197
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,303,818$226,078$114,175$2,644,071
Occupancy$1,089,876$2,493$384$1,092,753
Other Employee Benefits$258,149$33,294$13,774$305,217
Fees for Services Accounting$15,534$233,520-$249,054
Payroll Taxes$177,614$22,907$10,629$211,150
Fees for Services Other$35,194$130,123$7,350$172,667
Current Officers, Directors, Trustees, and Key Employees$7,744$159,273$2,115$169,132
All Other Expenses$82,758$19,195$31,260$133,213
Office Expenses$36,720$51,372$15,533$103,625
Other Expenses$84,688$-100$18$84,588
Insurance$2,968$57,875-$60,843
Travel$39,264$11,372$459$51,095
Depreciation Depletion-$35,203-$35,203
Conferences and Meetings$16,105$4,968$500$21,573
Fees for Services Legal$24$5,100-$5,124
Interest-$1,287-$1,287
Total Functional Expenses$6,716,074$995,141$196,197$7,907,412

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,700,758
Expenses per Audited Statements$7,907,412
Total Expenses per Form 990$7,907,412
Expenses Not Reported on Form 990$793,346
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$36,731
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Breakfast$102,846-$12,533-
Spring Annual Event$17,500-$5,860-
Total Events$120,346-$36,731$-36,731
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities, Operating$817,906
Lease Liabilities, Finance$58,953
Garnishment$5,598
Refundable Advances$1,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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

The form 990 is provided to the board for review prior to filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy covers all members of the board and is monitored by the chairman of the board and the executive director.

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

The process for determining compensation of the executive director includes a review and approval by the executive committee. Comparability data used in the review process is obtained from nonprofit salary reports. The deliberations and decisions are documented in the minutes of the board.

Form 990, Part VI, Section C, Line 19

Facets makes its governing documents, conflict of interest policy and financial statements available to the public by request.

Filing and Contact Details

Filer

Filer Name
Facets Cares Inc
EIN
54-1516266
Phone
7033525090
Address
10700 PAGE AVENUE BUILDING B, FAIRFAX, VA 22030
Doing Business As
Facets

Signing Officer

Name
Joe Fay
Title
Executive Director
Phone
7033525090
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Fay
Formed
1989
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
18
Employees
124
Volunteers
4,353

Preparer

Firm
Yount Hyde & Barbour Pc
Address
PO BOX 2560, WINCHESTER, VA 22604-1760
Preparer
Jennifer R Files CPA
Phone
5406623417
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Facets did not change its oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

Facets has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements and no interest and penalties have been recorded in the financial statements related to uncertain tax positions.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses -36,731.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 36,731.

Raw XML AppendixShowing 400 of 652 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/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1819508
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN IVERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1KAREN WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm2JERRY CARUSO
IRS990/Form990PartVIISectionAGrp/PersonNm3HUGH TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm4WEETIE HILL
IRS990/Form990PartVIISectionAGrp/PersonNm5PETE RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm6ED GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm7VALERIE BALDWIN
IRS990/Form990PartVIISectionAGrp/PersonNm8PAT MCCALL
IRS990/Form990PartVIISectionAGrp/PersonNm9ZAKI SALEH
IRS990/Form990PartVIISectionAGrp/PersonNm10GLORIA LETT
IRS990/Form990PartVIISectionAGrp/PersonNm11CHERYL FITZGERALD
IRS990/Form990PartVIISectionAGrp/PersonNm12ANIMESH CHOWDHURY
IRS990/Form990PartVIISectionAGrp/PersonNm13DIANE WEAVER
IRS990/Form990PartVIISectionAGrp/PersonNm14KEVIN ROCKMANN
IRS990/Form990PartVIISectionAGrp/PersonNm15ERIC WARDEN
IRS990/Form990PartVIISectionAGrp/PersonNm16DON HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm17ELEANOR WEIS
IRS990/Form990PartVIISectionAGrp/PersonNm18JOE FAY
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18149979
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
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IRS990/GrantsToOrganizationsInd00
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt0656156
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0FACETS OPENS DOORS BY HELPING PARENTS, THEIR CHILDREN, AND INDIVIDUALSWHO SUFFER THE EFFECTS OF POVERTY IN FAIRFAX COUNTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/ProgSrvcAccomActy2Grp/Desc0DURING FY24, FACETS PARTICIPATED IN VARIOUS COVID-19 RESPONSE INITIATIVES, INCLUDING: REGULAR FOOD AND SUPPLY DISTRIBUTIONS IN THE COMMUNITY; SIGNIFICANT FINANCIAL AND RENTAL ASSISTANCE PROGRAMS FOR THOSE ECONOMICALLY AFFECTED BY THE PANDEMIC.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01445619
IRS990/ProgSrvcAccomActy3Grp/Desc0HOUSING SERVICES TO BRING PEOPLE HOME: FACETS PROVIDES SUPPORTIVE AND LONG-TERM HOUSING FOR INDIVIDUALS AND FAMILIES WHO ARE CURRENTLY HOMELESS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01897383
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0129532
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EDUCATION AND COMMUNITY DEVELOPMENT TO BREAK THE CYCLE OF POVERTY:FACETS WORKS IN FOUR COMMUNITY CENTERS SPREAD ACROSS FAIRFAX COUNTY, PROVIDING AFTER SCHOOL AND SUMMER PROGRAMS FOR YOUTH, AS WELL AS PROGRAMS, CLASSES AND CASE MANAGEMENT FOR ADULTS IN THESE COMMUNITIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0938896
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IRS990/PYContributionsGrantsAmt08729975
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IRS990/PYOtherRevenueAmt04566
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IRS990/PYSalariesCompEmpBnftPaidAmt03317226
IRS990/PYTotalExpensesAmt08353619
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08868001
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt041247
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07799760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08729975

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