Lynn House Of Potomac Valley Inc
- Assets
- $6.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 43
- Location
- Alexandria, VA
- Founding
- 05/1965
- Data as of
- 12/2021
- EIN
- 52-0808109
Organization Overview
Lynn House Of Potomac Valley Inc is located in Alexandria, VA. The organization was established in 1965. 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 12/2021, Lynn House Of Potomac Valley Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lynn House Of Potomac Valley 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, Lynn House Of Potomac Valley Inc generated $2.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 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
WE JOIN TOGETHER TO CHERISH AND SUPPORT THOSE PRACTICING CHRISTIAN SCIENCE, WITH ITS EXPECTANCY OF QUICK AND WHOLE HEALING, AND PROVIDE CHRISTIAN SCIENCE NURSING CARE THAT IS IN ACCORDANCE WITH THE MANUAL OF THE MOTHER CHURCH BY MARY BAKER EDDY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN SCIENCE NURSING CARE IN THE FACILITY IS PROVIDED FOR THOSE INDIVIDUALS REQUIRING THE SKILLS, JUDGMENT, AND SPIRITUAL READINESS OF A JOURNAL-LISTED CHRISTIAN SCIENCE NURSE. THE ORGANIZATION ALSO CARES FOR THOSE WITH LESS ACUTE CARE NEEDS. OUTPATIENT SERVICES ARE AVAILABLE AT THE FACILITY AS WELL. ADDITIONALLY, THE ORGANIZATION OFFERS THE OPPORTUNITY FOR A SPIRITUAL RETREAT IN THEIR REST AND STUDY ROOMS. INTRODUCTORY COURSES FOR THOSE CONSIDERING THE MINISTRY OF CHRISTIAN SCIENCE NURSING CARE ARE OFFERED THROUGHOUT THE YEAR.
THE RESIDENCES AT LYNN HOUSE IS A STATE-LICENSED RESIDENTIAL/ASSISTED LIVING PROGRAM FOR STUDENTS OF CHRISTIAN SCIENCE. IT PROVIDES SHELTERED LIVING WITH THE AVAILABILITY OF LIGHT CHRISTIAN SCIENCE NURSING CARE AND SUPPORT.
VISITING CHRISTIAN SCIENCE NURSING SERVICE - CHRISTIAN SCIENCE NURSES TRAVEL TO HOMES IN THE WASHINGTON, D.C. AREA AND SURROUNDING 6-STATE REGION TO PROVIDE CARE IN THE HOME.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose Mudida Adcsn | 40 | $137,083 | |
David B Sand Executive Dir. | Officer | 40 | $101,400 |
Pamela Wayne Secretary | OfficerTrustee | 3 | $0 |
Amy Bordeaux Vice Chairman | OfficerTrustee | 3 | $0 |
Randy Dingwell Chairman | OfficerTrustee | 3 | $0 |
Sandra Workman Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $359,527 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,086,346 |
| Noncash contributions included in lines 1a–1f | $53,175 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,445,873 |
| Total Program Service Revenue | $1,006,257 |
| Investment income | $50,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,365 |
| Net Gain/Loss on Asset Sales | $28,691 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,535,013 |
| 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. | $106,964 |
| Compensation of current officers, directors, key employees. | $106,964 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,477,910 |
| Pension plan accruals and contributions | $68,718 |
| Other employee benefits | $0 |
| Payroll taxes | $134,642 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,688 |
| Fees for services: Accounting | $41,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,233 |
| Fees for services: Other | $8,681 |
| Advertising and promotion | $0 |
| Office expenses | $62,316 |
| Information technology | $48,095 |
| Royalties | $0 |
| Occupancy | $63,678 |
| Travel | $14,368 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,947 |
| Insurance | $52,020 |
| All other expenses | $29,219 |
| Total functional expenses | $2,490,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $568 |
| Savings and temporary cash investments | $391,619 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $116,413 |
| 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 | $10,881 |
| Net Land, buildings, and equipment | $2,640,114 |
| Investments—publicly traded securities | $2,970,896 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,130,491 |
| Accounts payable and accrued expenses | $100,544 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $100,544 |
| Net assets without donor restrictions | $3,227,842 |
| Net assets with donor restrictions | $2,802,105 |
| 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 | $6,130,491 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Lynn House Of Potomac Valley Inc has recieved totaling $56,396.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $16,150 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $6,000 |
United Way Of The National Capital Area Vienna, VA PURPOSE: DESIGNATED AND/OR GRANTED IN SUPPORT OF AGENCY PROGRAMS | $5,001 |
Martin Family Charitable Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Mueller Hoisel Wanger Charitable Foundation Venice, FL PURPOSE: CHARITY | $2,000 |
Endowment Analysis
| Beg. Balance | $2,222,139 |
| Net Contributions | $87,700 |
| Other Expense | $223,654 |
| Ending Balance | $2,086,185 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakeshore Estate Inc Nashville, TN | $27,064,642 | $18,022,154 |
Beth Sholom Home Of Eastern Virginia Virginia Beach, VA | $27,551,493 | $20,688,012 |
Presbyterian Homes And Services Of Ky Inc Louisville, KY | $21,197,492 | $21,992,512 |
Samaritan Housing Foundation Inc Cary, NC | $309,375,809 | $14,744,618 |
Columbia Vantage House Corporation Columbia, MD | $57,259,023 | $17,855,737 |
Penick Village Inc Southern Pines, NC | $72,235,809 | $19,517,376 |
Lexington Retirement Community Inc Lexington, VA | $110,623,438 | $22,740,309 |
Ave Maria Home Memphis, TN | $24,665,366 | $18,165,699 |
Blakeford At Green Hills Corporation Nashville, TN | $102,878,006 | $17,185,961 |
Laurel Heights Home For The Elderly London, KY | $12,389,193 | $18,787,244 |
Masonic And Eastern Star Home Greensboro, NC | $138,321,577 | $15,654,772 |
Culpeper Baptist Retirement Community Inc Glen Allen, VA | $85,756,806 | $15,427,505 |