Innisfree Inc
- Assets
- $34.5m
- Revenue
- $6.6m
- Investments
- $33.2k
- Employees
- 61
- Location
- Crozet, VA
- Founding
- 12/1970
- Data as of
- 12/2021
- EIN
- 23-7087873
Organization Overview
Innisfree Inc is located in Crozet, VA. The organization was established in 1970. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Innisfree Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innisfree Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Innisfree Inc generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LIFE SHARING RESIDENTIAL CARE FOR ADULTS WITH INTELLECTUAL DISABILITIES AND THE STEWARDSHIP OF LAND, ACKNOWLEDGING THE RECIPROCAL RELATIONSHIP BETWEEN HUMAN HEALTH AND THE NATURAL ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INNISFREE IS DEDICATED TO PROVIDING A LIFESHARING HOME AND WORK ENVIRONMENT WITH ADULTS WITH INTELLECTUAL DISABILITIES. RESIDENTS ENGAGE IN ON-CAMPUS ARTISAN AND LIFE SKILLS TRAINING, DIRECTED AND SUPPORTED BY TRAINED HOUSE PARENTS AND STAFF. AS PART OF ITS CHARITABLE MISSION, INNISFREE VALUES WORK AND FOSTERS CREATIVITY THROUGH ARTISTIC CRAFTS, AND THE STEWARDSHIP OF THE LAND TO ACKNOWLEDGE THE RECIPROCAL RELATIONSHIP BETWEEN HUMAN HEALTH AND THE NATURAL ENVIRONMENT, WHICH INCLUDES THE CREATION OF A STREAM MITIGATION BANK.
FINANCIAL ASSISTANCE IN THE FORM OF REDUCED TUITION WAS PROVIDED TO SEVERAL RESIDENTS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aurore Hutter Exec. Direct | OfficerTrustee | 40 | $121,259 |
Tim Wool Director | Trustee | 40 | $33,759 |
Kathy Abell Asst. Treasu | Trustee | 5 | $0 |
Craig Dreilinger Director | Trustee | 2 | $0 |
Michael Darby Director | Trustee | 2 | $0 |
Barbara Fried Chairman | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $540,589 |
| Noncash contributions included in lines 1a–1f | $482 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $540,589 |
| Total Program Service Revenue | $1,971,290 |
| Investment income | $383,576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,709,187 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,604,642 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $129,910 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,018 |
| Compensation of current officers, directors, key employees. | $97,007 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,113,255 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $225,750 |
| Payroll taxes | $102,492 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,410 |
| Fees for services: Accounting | $25,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,466 |
| Fees for services: Other | $67,956 |
| Advertising and promotion | $0 |
| Office expenses | $29,647 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $352,224 |
| Insurance | $162,532 |
| All other expenses | $217,502 |
| Total functional expenses | $3,070,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,344,546 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,580 |
| Accounts receivable, net | $35,968 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $200,605 |
| Net Land, buildings, and equipment | $9,234,778 |
| Investments—publicly traded securities | $20,110,438 |
| Investments—other securities | $33,152 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $529,589 |
| Total assets | $34,491,656 |
| Accounts payable and accrued expenses | $77,121 |
| Grants payable | $0 |
| Deferred revenue | $52,506 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $129,627 |
| Net assets without donor restrictions | $33,850,417 |
| Net assets with donor restrictions | $511,612 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $34,491,656 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Innisfree Inc has recieved totaling $124,930.
| Awarding Organization | Amount |
|---|---|
Perry Foundation Incorporated Charlottesville, VA PURPOSE: PURPOSE OF DONEE | $50,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: SPECIAL PROJECT | $40,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $31,180 |
The Better Living Foundation Charlottesville, VA PURPOSE: GENERAL PURPOSE OF DONEE | $3,000 |
Barr Foundation Boston, MA PURPOSE: MATCHING GIFTS PROGRAM: FOR UNRESTRICTED SUPPORT | $750 |
Endowment Analysis
| Beg. Balance | $19,125,565 |
| Earnings | $2,511,810 |
| Admin Expense | $33,466 |
| Net Contributions | $249,730 |
| Other Expense | $700,914 |
| Ending Balance | $21,152,725 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boulder Crest Foundation Bluemont, VA | $39,968,822 | $23,145,930 |
Central Fairfax Services Inc Springfield, VA | $6,565,063 | $13,281,706 |
Area Congregations Together In Service Richmond, VA | $1,536,280 | $15,128,315 |
Delmarva Community Services Inc Cambridge, MD | $28,890,854 | $21,269,645 |
Cedars Of Chapel Hill Club Inc Chapel Hill, NC | $6,435,897 | $14,257,296 |
Behavioral Healthcare Services Inc Owensboro, KY | $8,995,827 | $13,461,445 |
Meritan Inc Memphis, TN | $4,688,088 | $16,356,031 |
Hilltoppers Inc Crossville, TN | $11,714,552 | $11,864,400 |
Lakeway Center Of The Handicapped Inc Morristown, TN | $5,691,574 | $10,737,798 |
Prs Inc Oakton, VA | $7,358,160 | $12,734,897 |
Faith Healthcare Louisville, KY | $3,715,273 | $10,559,306 |
The League For People With Disabilities Inc Baltimore, MD | $20,314,618 | $12,893,784 |