Adult Care Center Of Central Virginia Inc
- Assets
- $286.4k
- Revenue
- $296.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Lynchburg, VA
- Founding
- 04/1985
- Data as of
- 06/2021
- EIN
- 54-1297050
Organization Overview
Adult Care Center Of Central Virginia Inc is located in Lynchburg, VA. The organization was established in 1985. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2021, Adult Care Center Of Central Virginia Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adult Care Center Of Central Virginia 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 06/2021, Adult Care Center Of Central Virginia Inc generated $296.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $275.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) 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
ADULT DAY CARE FOR FRAIL OLDER ADULTS, PARTICULARLY THOSE WITH SOME FORM OF DEMENTIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT DAY CARE- PROVIDES DAYCARE FOR FRAIL ADULTS NEEDING CARE AND HAVING A DOCTOR'S CERTIFICATE. MOST SERVED HAVE ALZHEIMER'S SYMPTOMS OR SOME OTHER EVIDENCE OF DEMENTIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Venus Wilmer Vice President | OfficerTrustee | 5 | $0 |
James Vandewater President | OfficerTrustee | 5 | $0 |
Will Poats Treasurer | OfficerTrustee | 5 | $0 |
Tana Ballowe Secretary | OfficerTrustee | 5 | $0 |
George Kolar Director | Trustee | 2 | $0 |
Veronica Washington Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $33,991 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,595 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,586 |
| Total Program Service Revenue | $132,452 |
| Investment income | $771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,460 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $296,269 |
| 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. | $56,577 |
| Compensation of current officers, directors, key employees. | $2,829 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $125,858 |
| Pension plan accruals and contributions | $2,108 |
| Other employee benefits | $30,354 |
| Payroll taxes | $5,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $114 |
| Fees for services: Accounting | $2,676 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $889 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,698 |
| Travel | -$1,951 |
| 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 | $4,026 |
| Insurance | $6,212 |
| All other expenses | $4,894 |
| Total functional expenses | $275,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,477 |
| Savings and temporary cash investments | $65,909 |
| Pledges and grants receivable | $34,120 |
| Accounts receivable, net | $55,529 |
| 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 | $3,147 |
| Net Land, buildings, and equipment | $16,459 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,731 |
| Total assets | $286,372 |
| Accounts payable and accrued expenses | $4,486 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $61,112 |
| Other liabilities | $29,496 |
| Total liabilities | $95,094 |
| Net assets without donor restrictions | $97,436 |
| Net assets with donor restrictions | $93,842 |
| 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 | $286,372 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Adult Care Center Of Central Virginia Inc has recieved totaling $52,567.
| Awarding Organization | Amount |
|---|---|
Smith Mountain Lake Charity Home Tour Inc Moneta, VA PURPOSE: General service support | $15,574 |
Greater Lynchburg Community Foundation Lynchburg, VA PURPOSE: ANNUAL DONOR-DESIGNATED GRANT; CENTRAL VA COUNTIES TRANSPORTATION PROJECT; PLYMALE FOUNDATION | $14,032 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,927 |
Centra Health Inc Lynchburg, VA PURPOSE: Community Svcs | $9,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Endowment Analysis
| Beg. Balance | $47,756 |
| Earnings | $12,883 |
| Admin Expense | $889 |
| Net Contributions | $300 |
| Grants | $2,319 |
| Ending Balance | $57,731 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwin House Incorporated Alexandria, VA | $441,770,291 | $109,508,883 |
Westminster-Canterbury Corporation Richmond, VA | $326,286,753 | $77,739,552 |
Virginia United Methodist Homes Inc Glen Allen, VA | $253,887,875 | $70,234,834 |
Albright Care Services Frederick, MD | $96,340,327 | $64,491,895 |
Westminster-Canterbury On Chesapeake Bay Virginia Beach, VA | $226,856,514 | $70,077,492 |
Givens Estates Inc Asheville, NC | $338,452,219 | $72,683,846 |
Presbyterian Homes Inc Colfax, NC | $256,348,828 | $62,438,008 |
Aldersgate United Methodist Retirement Community Inc Charlotte, NC | $165,248,151 | $44,725,662 |
Everyage Newton, NC | $158,969,277 | $58,100,743 |
Southminster Inc Charlotte, NC | $251,267,272 | $46,562,509 |
Sunnyside Presbyterian Home Harrisonburg, VA | $146,625,946 | $50,868,403 |
Masonic Homes Of Kentucky Inc Masonic Home, KY | $92,700,057 | $43,584,418 |