Seabury Resources For Aging
- Assets
- $14.1m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 140
- Location
- Washington, DC
- Founding
- 02/1972
- Data as of
- 09/2021
- EIN
- 53-0204693
Organization Overview
Seabury Resources For Aging is located in Washington, DC. The organization was established in 1972. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 09/2021, Seabury Resources For Aging employed 140 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seabury Resources For Aging 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 09/2021, Seabury Resources For Aging generated $8.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $8.2m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 years. 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
SEABURY RESOURCES FOR AGING'S MISSION IS TO PROVIDE PERSONALIZED, AFFORDABLE SERVICES AND HOUSING OPTIONS TO HELP OLDER ADULTS IN THE GREATER WASHINGTON, D.C. AREA LIVE WITH INDEPENDENCE AND DIGNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINED AND PROVIDED FACILITIES, SERVICES, AND A BROAD RANGE OF SOCIAL SERVICE PROGRAMS FOR OLDER ADULTS THROUGHOUT THE WASHINGTON, D.C. AREA INCLUDING AFFORDABLE HOUSING, TRANSPORTATION, CASE MANAGEMENT, HOME DELIVERED MEALS, CARE MANAGEMENT, COMMUNITY OUTREACH, AND SUPPORT TO CONGREGATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Quattlebaum CEO | Officer | 40 | $133,217 |
Deborah Royster CEO | Officer | 40 | $120,379 |
Kate Lewis Cao/coo | Officer | 40 | $120,230 |
Nikhil Kumtha Secretary | OfficerTrustee | 1 | $0 |
Marti Bailey Vice President | OfficerTrustee | 1 | $0 |
Rt Rev Mariann Edgar Budde Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jones & Mcintyre Pllc Accounting Services | 9/29/21 | $152,426 |
F & D Auto Repair Llc Auto Repairs | 9/29/21 | $151,257 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $67,523 |
| Related organizations | $0 |
| Government grants | $6,377,040 |
| All other contributions, gifts, grants, and similar amounts not included above | $583,764 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,028,327 |
| Total Program Service Revenue | $729,270 |
| Investment income | $134,103 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $934,576 |
| Net Income from Fundraising Events | -$26,501 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,799,775 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $316,107 |
| Compensation of current officers, directors, key employees. | $316,107 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,132,738 |
| Pension plan accruals and contributions | $361,714 |
| Other employee benefits | $286,991 |
| Payroll taxes | $201,813 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,158 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $342,297 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $442,304 |
| Travel | $25,745 |
| 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 | $11,990 |
| Insurance | $310,466 |
| All other expenses | $0 |
| Total functional expenses | $8,235,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,286,936 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,119,860 |
| Accounts receivable, net | $122,897 |
| 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 | $58,095 |
| Net Land, buildings, and equipment | $32,437 |
| Investments—publicly traded securities | $9,646,536 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,837,439 |
| Total assets | $14,104,200 |
| Accounts payable and accrued expenses | $310,454 |
| Grants payable | $0 |
| Deferred revenue | $40,978 |
| 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 | $1,291,363 |
| Other liabilities | $366,116 |
| Total liabilities | $2,008,911 |
| Net assets without donor restrictions | $11,719,688 |
| Net assets with donor restrictions | $375,601 |
| 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 | $14,104,200 |
Grants Awarded
Over the last fiscal year, Seabury Resources For Aging has awarded $74,889 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: Scholarship funds | $37,445 |
Washington, DC PURPOSE: Scholarship funds | $37,444 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Seabury Resources For Aging has recieved totaling $39,500.
| Awarding Organization | Amount |
|---|---|
Agua Fund Inc Washington, DC PURPOSE: FOR AGE-IN-PLACE PROGRAM | $20,000 |
Agua Fund Inc Washington, DC PURPOSE: FOR AGE-IN-PLACE PROGRAM | $10,000 |
Helen Wardman Naselli Memorial Fund Orlando, FL PURPOSE: GENERAL OPERATING | $5,000 |
Dimick Foundation Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $4,500 |
Endowment Analysis
| Beg. Balance | $9,709,149 |
| Earnings | $1,598,825 |
| Other Expense | $2,097,712 |
| Ending Balance | $9,210,262 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mountain Empire Older Citizens Inc Big Stone Gap, VA | $8,808,055 | $17,898,946 |
Appalachian Agency For Senior Citizens Cedar Bluff, VA | $13,226,617 | $17,944,269 |
The 60 Plus Association Inc Alexandria, VA | $451,230 | $11,797,770 |
Senior Connections The Capital Area Agency On Aging Richmond, VA | $3,890,692 | $8,738,746 |
Seabury Resources For Aging Washington, DC | $14,104,200 | $8,799,775 |
Iona Senior Services Washington, DC | $16,563,126 | $7,664,023 |
Mac Incorporated Salisbury, MD | $10,678,117 | $7,288,274 |
Seniors Coalition Inc Washington, DC | $93,790 | $5,116,241 |
Southern Area Agency On Aging Inc Martinsville, VA | $933,315 | $5,349,811 |
Jewish Council For The Aging Of Greater Washington Inc Rockville, MD | $8,478,320 | $4,294,659 |
Peninsula Agency On Aging Inc Newport News, VA | $1,316,632 | $4,673,124 |
Central Virginia Alliance For Community Living Inc Lynchburg, VA | $3,261,044 | $4,461,428 |