Civic Intelligence

Prince Georges Co Voa Living Center

990 • Fiscal year 2014 • EIN 58-2040928

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 10, 2014

1660 Duke Street22314

(703) 341-5000

Siviq Scores

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

Liabilities / Assets

87th percentile

0.81x

Higher debt load relative to assets than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

9.78x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

16th percentile

-15%

Higher net margin than 16% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

98th percentile

$487,861

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 359.8% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

39th percentile

-0.4%

Faster asset growth than 39% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$1,645,525

Down $7,402 (-0.4%) from 2013

Net Assets

Down

$318,693

Down $20,238 (-6.0%) from 2013

Liabilities

Up

$1,326,832

Up $12,836 (+1.0%) from 2013

Revenue

$135,605

No earlier filing loaded for comparison.

Expenses

Up

$155,843

Up $31,334 (+25%) from 2013

Net Income

-$20,238

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,643,564Liabilities 2011: $1,326,986Net Assets 2011: $316,5782011Assets 2012: $1,635,506Liabilities 2012: $1,312,901Net Assets 2012: $322,6052012Assets 2013: $1,652,927Liabilities 2013: $1,313,996Net Assets 2013: $338,9312013Assets 2014: $1,645,525Liabilities 2014: $1,326,832Net Assets 2014: $318,6932014Assets 2015: $1,633,600Liabilities 2015: $1,324,822Net Assets 2015: $308,7782015Assets 2016: $1,620,580Liabilities 2016: $1,405,358Net Assets 2016: $215,2222016Assets 2017: $1,597,348Liabilities 2017: $1,384,336Net Assets 2017: $213,0122017Assets 2018: $1,553,987Liabilities 2018: $1,257,110Net Assets 2018: $296,8772018Assets 2019: $1,567,266Liabilities 2019: $1,262,124Net Assets 2019: $305,1422019Assets 2020: $1,563,537Liabilities 2020: $1,273,866Net Assets 2020: $289,6712020Assets 2021: $1,524,353Liabilities 2021: $1,277,279Net Assets 2021: $247,0742021Assets 2022: $1,528,027Liabilities 2022: $1,252,411Net Assets 2022: $275,6162022Assets 2023: $1,566,853Liabilities 2023: $1,280,686Net Assets 2023: $286,1672023Assets 2024: $1,609,988Liabilities 2024: $1,291,917Net Assets 2024: $318,0712024Assets 2025: $1,628,927Liabilities 2025: $1,296,890Net Assets 2025: $332,0372025

Highlighted filing

2014

Assets$1,645,525
Liabilities$1,326,832
Net Assets$318,693

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $130,1132011Expenses 2012: $136,0682012Expenses 2013: $124,5092013Revenue 2014: $135,605Expenses 2014: $155,843Net Income 2014: -$20,2382014Revenue 2015: $142,347Expenses 2015: $152,262Net Income 2015: -$9,9152015Revenue 2016: $147,183Expenses 2016: $240,739Net Income 2016: -$93,5562016Revenue 2017: $159,332Expenses 2017: $161,542Net Income 2017: -$2,2102017Revenue 2018: $241,862Expenses 2018: $157,997Net Income 2018: $83,8652018Revenue 2019: $181,701Expenses 2019: $173,436Net Income 2019: $8,2652019Revenue 2020: $167,491Expenses 2020: $182,962Net Income 2020: -$15,4712020Revenue 2021: $143,547Expenses 2021: $186,144Net Income 2021: -$42,5972021Revenue 2022: $204,825Expenses 2022: $176,283Net Income 2022: $28,5422022Revenue 2023: $225,674Expenses 2023: $215,123Net Income 2023: $10,5512023Revenue 2024: $211,620Expenses 2024: $179,716Net Income 2024: $31,9042024Revenue 2025: $172,546Expenses 2025: $158,580Net Income 2025: $13,9662025

Highlighted filing

2014

Revenue$135,605
Expenses$155,843
Net Income-$20,238
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$135,605
Mission and Program Overview

Mission

Provides housing to disabled persons under section 811 of the national housing act under agreement with the department of hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,010,826$984,856▼ $25,970
Cash and Non-Interest-Bearing Accounts$54,071$27,138▼ $26,933
Prepaid Expenses and Deferred Charges$5,581$5,882▲ $301
Accounts Receivable$2,970$4,071▲ $1,101
Total Assets$1,652,927$1,645,525▼ $7,402
Other Assets Total$579,479$623,578▲ $44,099
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,307,701$1,307,701→ $0
Accounts Payable and Accrued Expenses$3,536$16,586▲ $13,050
Other Liabilities$1,547$1,333▼ $214
Deferred Revenue$1,212$1,212→ $0
Total Liabilities$1,313,996$1,326,832▲ $12,836
Net Assets / Fund Balance
Unrestricted Net Assets$338,931$318,693▼ $20,238
Total Net Assets Fund Balance$338,931$318,693▼ $20,238
Total Liabilities and Net Assets / Fund Balance$1,652,927$1,645,525▼ $7,402

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$429,489$349,336$778,825
Land$547,000-$547,000
Other Land Buildings$4,184$28,637$32,821
Equipment$4,183$1,743$5,926
Other Assets Org$415--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Michael W KingPresident/di$487,861$487,861
Thomas D TurnbullAsst. Sec/tr$340,573$340,573
David T BowmanAsst. Sec/tr$281,374$281,374
Joseph a BudzynskiAsst. Sec/tr$246,967$246,967
Nancy GavinAsst Sec/tre$212,691$212,691
Deborah PerryAsst. Sec/tr$181,587$181,587

Board Members and Trustees

NameTitle
C David KikumotoChair
Michael W KingPresident/direc
Shawn BloomVice Chair
Ann SchnareDirector
Carlos MaeseDirector
John MorlandDirector
Karen DaleDirector
Michael SpilaneDirector
Michael SullivanDirector
Steve WakefieldDirector
Wilfred N Cooper SrDirector
Nancy GavinAsst Sec/treas
Patrick SheridanAsst. Sec.
Robin KellerAsst. Sec.
David T BowmanAsst. Sec/treas
Deborah PerryAsst. Sec/treas
Thomas D TurnbullAsst. Sec/treas
Joseph a BudzynskiAsst. Sec/treas, CFO
Robert D GibsonKey Employee
Wayne C OlsonKey Employee
Carol MooreSecretary
Nancy J FeldmanTreasurer/di
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$134,721
Investment Income
$884
Other Revenue
$0
Change in Net Assets
$-20,238

Audited Revenue Reconciliation

Revenue per Audited Statements
$135,605
Total Revenue per Audited Statements
$135,605
Total Revenue per Form 990
$135,605
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,152
Salaries, Compensation, and Employee Benefits$22,691
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$54,879--$54,879
Depreciation Depletion$25,970--$25,970
Other Salaries and Wages$19,801--$19,801
Fees for Services Management-$9,324-$9,324
Fees for Services Accounting-$6,590-$6,590
Office Expenses$5,210--$5,210
Other Expenses$3,708--$3,708
Payroll Taxes$2,542--$2,542
Insurance$963--$963
Other Employee Benefits$348--$348
Advertising$173--$173
Total Functional Expenses$139,929$15,914$0$155,843

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$155,843
Total Expenses per Audited Statements$155,843
Total Expenses per Form 990$155,843
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
Tenant Security Deposits$1,333
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 1A

The organizations governing body delegated broad authority to an executive committee. The executive committee is composed of the following five officers of the organization: chair, president, vice chair, secretary, and treasurer. There are no executive committee members who are not on the governing body. The executive committee has the authority of the governing body in the management of the business of the organization.

Form 990, Page 6, Part VI, Line 2

Michael king president dir and/or officer of voa david bowman asst. Sec./a dir and/or officer of voa thomas turnbull asst. Sec./a dir and/or officer of voa patrick sheridan assistant se dir and/or officer of voa joseph budzynski asst. Sec./a dir and/or officer of voa nancy gavin asst. Sec./a dir and/or officer of voa deborah perry asst. Sec./a dir and/or officer of voa robin keller assistant se dir and/or officer of voa

Form 990, Page 6, Part VI, Line 3

The organization has no employees, and has delegated control over certain property management duties to vista capital management group pursuant to a property management agreement. Volunteers of america national services, as the parent and sponsoring corporation, assists in providing to its subordinate corporations general and administrative supervision, financial management, quality assurance, regulatory compliance, real estate development and strategic planning.

Form 990, Page 6, Part VI, Line 7A

Volunteers of america, inc. Has the right to appoint or approve directors and volunteers of america, inc. Has, in turn, transferred this authority to volunteers of america national services.

Form 990, Page 6, Part VI, Line 7B

The articles of incorporation and bylaws of the corporation may not be amended without the prior written approval of the secretary of the u.s. Department of housing and urban development. Directors may be removed with or without cause at the request of the u.s. Department of housing and urban development. The bylaws may not be amended without the prior written consent of volunteers of america, inc.

Form 990, Page 6, Part VI, Line 11B

The final form 990 is reviewed by asset management and an officer of the board of directors prior to filing with the irs. All members of the organizations board of directors and all officers of the board are also provided an opportunity to review the form 990 in electronic form immediately prior to filing.

Form 990, Page 6, Part VI, Line 12C

The policy requires officers, directors and key employees to disclose annually interests that could give rise to conflicts. The policy and disclosure form are distributed and collected annually, and individuals are required to update the disclosure form throughout the year in the event actual or potential conflicts arise. Conflicts of interest are reviewed by the board of directors. Persons with a conflict are prohibited from participating in the governing body's deliberations and decisions in the transaction.

Form 990, Page 6, Part VI, Line 19

Available at the address below: 1660 duke street alexandria, va 22314

Filing and Contact Details

Filer

EIN
58-2040928
Phone
7033415000

Signing Officer

Name
Thomas D Turnbull
Title
Asst. Sec/treas
Phone
7033415000
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
Md
Voting Board Members
13
Independent Board Members
11
Employees
0

Preparer

Preparer
William B Beale
Phone
2259263360
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER/DI
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASST SEC/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt20KEY EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21KEY EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01992
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IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0135605
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/InsuranceGrp/ProgramServicesAmt0963
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IRS990/LandBldgEquipCostOrOtherBssAmt01364572
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDES HOUSING TO DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01307701
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IRS990/OfficeExpensesGrp/ProgramServicesAmt05210
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0348
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0348
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0139031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0143426
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0135605
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0142095
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0139757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0143601
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0701893
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0429489
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0349336
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0778825
IRS990ScheduleD/EquipmentGrp/BookValueAmt04183
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01743
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05926
IRS990ScheduleD/ExpensesSubtotalAmt0155843
IRS990ScheduleD/LandGrp/BookValueAmt0547000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0547000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$1.30$0.33$0.17$0.16$0.01
2024Summary only. Only limited summary data is available for this year.$1.61$1.29$0.32$0.21$0.18$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$1.28$0.29$0.23$0.22$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$1.25$0.28$0.20$0.18$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$1.28$0.25$0.14$0.19$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$1.27$0.29$0.17$0.18$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$1.26$0.31$0.18$0.17$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$1.26$0.30$0.24$0.16$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$1.38$0.21$0.16$0.16$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.62$1.41$0.22$0.15$0.24$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.63$1.32$0.31$0.14$0.15$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.65$1.33$0.32$0.14$0.16$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$1.31$0.34$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$1.31$0.32$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$1.33$0.32$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits