Civic Intelligence

Reston Study Center Inc.

990 • Fiscal year 2022 • EIN 54-1826300

Jul 01, 2021 to Jun 30, 2022 • Filed on Aug 06, 2022

1810 Old Reston AveReston, VA 20190

(703) 689-3433

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

8th percentile

-40%

Higher net margin than 8% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

34th percentile

-3.7%

Faster asset growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

28th percentile

-8.6%

Faster revenue growth than 28% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$5,200,473

Down $201,378 (-3.7%) from 2021

Net Assets

Down

$5,200,473

Down $201,378 (-3.7%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$502,193

Down $47,266 (-8.6%) from 2021

Expenses

Up

$703,571

Up $7,406 (+1.1%) from 2021

Net Income

Down

-$201,378

Down $54,672 (-37%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $7,215,864Liabilities 2012: $172,052Net Assets 2012: $7,043,8122012Assets 2013: $6,926,184Liabilities 2013: $84,876Net Assets 2013: $6,841,3082013Assets 2014: $6,687,499Liabilities 2014: $53,728Net Assets 2014: $6,633,7712014Assets 2015: $6,447,162Liabilities 2015: $21,235Net Assets 2015: $6,425,9272015Assets 2016: $6,242,479Liabilities 2016: $14,840Net Assets 2016: $6,227,6392016Assets 2017: $6,070,695Liabilities 2017: $0Net Assets 2017: $6,070,6952017Assets 2018: $5,902,482Liabilities 2018: $0Net Assets 2018: $5,902,4822018Assets 2019: $5,800,865Liabilities 2019: $0Net Assets 2019: $5,800,8652019Assets 2020: $5,548,557Liabilities 2020: $0Net Assets 2020: $5,548,5572020Assets 2021: $5,401,851Liabilities 2021: $0Net Assets 2021: $5,401,8512021Assets 2022: $5,200,473Liabilities 2022: $0Net Assets 2022: $5,200,4732022Assets 2023: $5,027,772Liabilities 2023: $0Net Assets 2023: $5,027,7722023Assets 2024: $4,829,282Liabilities 2024: $0Net Assets 2024: $4,829,2822024Assets 2025: $4,673,304Liabilities 2025: $0Net Assets 2025: $4,673,3042025

Highlighted filing

2022

Assets$5,200,473
Liabilities$0
Net Assets$5,200,473

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $547,157Expenses 2012: $700,624Net Income 2012: -$153,4672012Revenue 2013: $490,876Expenses 2013: $693,380Net Income 2013: -$202,5042013Revenue 2014: $496,334Expenses 2014: $703,871Net Income 2014: -$207,5372014Revenue 2015: $510,485Expenses 2015: $718,329Net Income 2015: -$207,8442015Revenue 2016: $2,360,899Expenses 2016: $2,559,187Net Income 2016: -$198,2882016Revenue 2017: $514,682Expenses 2017: $671,626Net Income 2017: -$156,9442017Revenue 2018: $528,587Expenses 2018: $696,801Net Income 2018: -$168,2142018Revenue 2019: $913,436Expenses 2019: $1,015,053Net Income 2019: -$101,6172019Revenue 2020: $426,108Expenses 2020: $678,416Net Income 2020: -$252,3082020Revenue 2021: $549,459Expenses 2021: $696,165Net Income 2021: -$146,7062021Revenue 2022: $502,193Expenses 2022: $703,571Net Income 2022: -$201,3782022Revenue 2023: $547,242Expenses 2023: $719,943Net Income 2023: -$172,7012023Revenue 2024: $502,416Expenses 2024: $700,906Net Income 2024: -$198,4902024Revenue 2025: $518,057Expenses 2025: $674,035Net Income 2025: -$155,9782025

Highlighted filing

2022

Revenue$502,193
Expenses$703,571
Net Income-$201,378
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 6, 2022
Return Version
2021v4.0
Gross Receipts
$502,193
Mission and Program Overview

Mission

Provide classes and mentoring aimed at personal, spiritual and professional development of youths and adults.

Provide classes and mentoring aimed at personal, spiritual and professional development of youths and adults

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,159,263$5,044,204▼ $115,059
Cash and Non-Interest-Bearing Accounts$242,588$156,269▼ $86,319
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0--
Total Assets$5,401,851$5,200,473▼ $201,378
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,401,851$5,200,473▼ $201,378
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$5,401,851$5,200,473▼ $201,378
Total Liabilities and Net Assets / Fund Balance$5,401,851$5,200,473▼ $201,378

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,439,411$3,472,519$0
Other Land Buildings$1,019$60,750$0
Land$503,609-$0
Equipment$100,165$11,130$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daryl GlickPresident and Director
Anthony McCarthyDirector
Eric HeilDirector
Paul WaddeloveDirector
Stephen GabrielDirector
John FaganSec./Treas. and Director
Peter BancroftVP and Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Stonecrest Home Arts IncOperations and Housekeeping4201 43rd St, Washington, DC 20016$222,000
Revenue and Support

Revenue Composition

Contributions and Grants
$309,812
Program Service Revenue
$192,381
Investment Income
$0
Other Revenue
$0
All Other Contributions
$309,812
Change in Net Assets
$-201,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$703,571
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$169,765$56,589$0$226,354
Fees for Services Other$166,500$55,500$0$222,000
Occupancy$87,921$29,307$0$117,228
Other Expenses$55,679$18,560$0$74,239
Insurance$15,762$5,254$0$21,016
Conferences and Meetings$17,768$0$0$17,768
Office Expenses$11,926$3,975$0$15,901
Travel$6,797$2,266$0$9,063
All Other Expenses$2$0$0$2
Total Functional Expenses$532,120$171,451$0$703,571
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Part VI, Section A, Line 7A

The directors elect the officers and directors of the organization

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

Form 990 is reviewed by the directors prior to filing.

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

Officers and directors are required to advise on any conflict of interest. Thus far, there have been none.

Form 990, Part VI, Section C, Line 19

Form 990 is available upon request at the organization's office. It is also available on the Guide Star website.

Filing and Contact Details

Filer

Filer Name
Reston Study Center Inc
EIN
54-1826300
Phone
7036893433
Address
1810 Old Reston Ave, Reston, VA 20190

Signing Officer

Name
John Fagan
Title
Treasurer
Phone
7038516783
Signed
2022-08-06

Organization Details

Principal Officer
Daryl Glick
Formed
1996
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
50
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

This is the amount paid for administrative, operations and housekeeping services.

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IRS990/Desc0Reston Study Center, through its volunteers and resident staff of priests and laymen, conducted over 100 Catholic spiritual retreats and days of recollection with 20-40 participants per event. It also provided counseling to over 200 people and conducted over 75 classes of Catholic doctrine and morality with 10-20 participants per class. In addition it conducted enrichment seminars for college students and young adults and a club for elementary school students.
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IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03544399
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05159263
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05044204
IRS990/LandBldgEquipCostOrOtherBssAmt08588603
IRS990/LegalDomicileStateCd0VA
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Provide classes and mentoring aimed at personal, spiritual and professional development of youths and adults.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt05401851
IRS990/NetAssetsOrFundBalancesEOYAmt05200473
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05401851
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05200473
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt029307
IRS990/OccupancyGrp/ProgramServicesAmt087921
IRS990/OccupancyGrp/TotalAmt0117228
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03975
IRS990/OfficeExpensesGrp/ProgramServicesAmt011926
IRS990/OfficeExpensesGrp/TotalAmt015901
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018560
IRS990/OtherExpensesGrp/ProgramServicesAmt055679
IRS990/OtherExpensesGrp/TotalAmt074239
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrincipalOfficerNm0Daryl Glick
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1721310
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and Activities
IRS990/ProgramServiceRevenueGrp/Desc1Resident Staff Room and Board
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020131
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1172250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020131
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1172250
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0362358
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0696165
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0187101
IRS990/PYRevenuesLessExpensesAmt0-146706
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0696165
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0549459
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-201378
IRS990/RegularMonitoringEnfrcInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.67$0.00$4.67$0.52$0.67$0.16
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.83$0.00$4.83$0.50$0.70$0.20
2023Detailed filing. Detailed filing data is available for this year.$5.03$0.00$5.03$0.55$0.72$0.17
2022Detailed filing. Detailed filing data is available for this year.$5.20$0.00$5.20$0.50$0.70$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.40$0.00$5.40$0.55$0.70$0.15
2020Summary only. Only limited summary data is available for this year.$5.55$0.00$5.55$0.43$0.68$0.25
2019Summary only. Only limited summary data is available for this year.$5.80$0.00$5.80$0.91$1.02$0.10
2018Summary only. Only limited summary data is available for this year.$5.90$0.00$5.90$0.53$0.70$0.17
2017Summary only. Only limited summary data is available for this year.$6.07$0.00$6.07$0.51$0.67$0.16
2016Summary only. Only limited summary data is available for this year.$6.24$0.01$6.23$2.36$2.56$0.20
2015Summary only. Only limited summary data is available for this year.$6.45$0.02$6.43$0.51$0.72$0.21
2014Summary only. Only limited summary data is available for this year.$6.69$0.05$6.63$0.50$0.70$0.21
2013Summary only. Only limited summary data is available for this year.$6.93$0.08$6.84$0.49$0.69$0.20
2012Summary only. Only limited summary data is available for this year.$7.22$0.17$7.04$0.55$0.70$0.15