Washington Home Inc
- Assets
- $62.6m
- Revenue
- $7.5m
- Investments
- $49.5m
- Employees
- 89
- Location
- Washington, DC
- Founding
- 08/1942
- Data as of
- 06/2022
- EIN
- 53-0196647
Organization Overview
Washington Home Inc is located in Washington, DC. The organization was established in 1942. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2022, Washington Home Inc employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Home 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 06/2022, Washington Home Inc generated $7.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $5.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (21.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Washington Home Inc has awarded 67 individual grants totaling $8,271,857. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING TO ENTITIES THAT PROVIDE INNOVATIVE, COMPASSIONATE, AND WELL-MANAGED PROGRAMS TO IMPROVE THE QUALITY OF LIFE FOR ELDERLY AND/OR TERMINALLY ILL RESIDENTS IN THE WASHINGTON, DC METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
END OF LIFE CARE: WE PROVIDED HOSPICE SERVICES FOR PEOPLE WHO ARE LIVING WITH TERMINAL ILLNESSES IN THE 1ST QTR OF FY 2020. WE ASSISTED 80 TERMINALLY ILL PATIENTS WITH PAIN RELIEF, SYMPTOM MANAGEMENT, EMOTIONAL SUPPORT AND SPIRITUAL GUIDANCE DURING THAT TIME.
DURING THE REMAINDER OF FY 2020 WE BEGAN POSITIONING THE ORGANIZATION TO TURN INTO A PRIVATE FOUNDATION AND PROVIDED COVID RELIEF TO NON-PROFITS HELPING THE TERMINALLY ILL OR TO IMPROVE QUALITY OF LIFE FOR THE ELDERLY.
END OF LIFE CARE: WE PROVIDED HOSPICE SERVICES FOR PEOPLE WHO ARE LIVING WITH TERMINAL ILLNESSES IN THE 1ST QTR OF FY 2020. WE ASSISTED 80 TERMINALLY ILL PATIENTS WITH PAIN RELIEF, SYMPTOM MANAGEMENT, EMOTIONAL SUPPORT AND SPIRITUAL GUIDANCE DURING THAT TIME.
DURING THE REMAINDER OF FY 2020 WE BEGAN POSITIONING THE ORGANIZATION TO TURN INTO A PRIVATE FOUNDATION AND PROVIDED COVID RELIEF TO NON-PROFITS HELPING THE TERMINALLY ILL OR TO IMPROVE QUALITY OF LIFE FOR THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phyllis Dillinger Ceo/cfo | 40 | $300,021 | |
Raghavendra P Batni Manager Of Finance | 40 | $131,441 | |
Tiffany S Oscar Program Manager | 40 | $99,030 | |
Chenelyn C Barker Sr. Programs & Admin | 40 | $74,701 | |
Mohamed S Zulkifly Junior Accountant | 40 | $62,056 | |
David Canham Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rsm Us Llp | 6/29/22 | $76,480 |
Vytelis Inc | 6/29/22 | $73,502 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $925,327 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,200,873 |
| Net Rental Income | $4,159,715 |
| Net Gain on Sale of Assets | $606,355 |
| Capital Gain Net Income | $555,001 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,421,756 |
| Total Revenue | $7,470,514 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $317,507 |
| Other employee salaries and wages | $395,751 |
| Pension plans, employee benefits | $19,118 |
| Interest | $0 |
| Taxes | $127,082 |
| Depreciation | $521,160 |
| Occupancy | $226,427 |
| Travel, conferences, and meetings | $7,100 |
| Printing and publications | $0 |
| Other expenses | $107,279 |
| Total operating and administrative expenses | $2,192,138 |
| Contributions, gifts, grants paid | $3,500,166 |
| Total expenses and disbursements | $5,692,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,662,273 |
| Net Accounts receivable | $40,205 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $62,415 |
| Net Investments - land, buildings, equipment | $2,049,837 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,339,993 |
| Total assets | $62,634,871 |
| Accounts payable and accrued expenses | $335,830 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $386,393 |
| Total liabilities | $722,223 |
Grants Awarded
Over the last fiscal year, Washington Home Inc has awarded $3,340,566 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
CAPITAL CARING HEALTH PURPOSE: CRITICALLY ILL | $469,200 |
WASHINGTON HOSPITAL CENTER DBA MEDSTAR WASHINGTON PURPOSE: CRITICALLY ILL | $467,983 |
THE GEORGE WASHINGTON UNIVERSITY PURPOSE: CRITICALLY ILL | $364,906 |
Washington, DC PURPOSE: CRITICALLY ILL | $300,000 |
Washington, DC PURPOSE: CAREGIVERS RELIEF, SOCIAL ISOLATION, SPONSORSHIP | $231,000 |
Washington, DC PURPOSE: CRITICALLY ILL | $187,991 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Washington Home Inc has recieved totaling $35,354.
| Awarding Organization | Amount |
|---|---|
Greater Washington Community Foundation Washington, DC PURPOSE: general support | $35,354 |
Endowment Analysis
| Beg. Balance | $11,222,814 |
| Earnings | $289,352 |
| Other Expense | $691,484 |
| Ending Balance | $10,820,682 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Mennonite Home Inc Harrisonburg, VA | $28,962,463 | $20,540,544 |
Virginia Home Richmond, VA | $132,722,142 | $34,605,321 |
Friendship Health And Rehab Center South Inc Roanoke, VA | $18,559,390 | $15,531,825 |
Calvert County Nursing Center Inc Frederick, MD | $7,422,368 | $12,166,264 |
Friends House Retirement Community Inc Sandy Spring, MD | $50,375,477 | $12,782,756 |
St Mary S Nursing Center Inc Leonardtown, MD | $21,161,426 | $14,751,759 |
Loudoun Nursing And Rehabilitation Center Fairfax, VA | $6,130,006 | $11,996,815 |
Masonic Home Of Virginia Henrico, VA | $90,834,836 | $9,902,177 |
Nrv Nursing Center Incorporated Blacksburg, VA | $7,964,954 | $10,164,817 |
St Martins Home For The Aged Little Sisters Of The Poor Baltimore Inc Baltimore, MD | $46,229,528 | $12,673,255 |
Coffman Nursing Home Inc Hagerstown, MD | $4,992,098 | $5,813,675 |
Sacred Hearted Home Inc Hyattsville, MD | $27,059,718 | $7,295,911 |