Skyline Cap Inc
- Assets
- $2.1m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 61
- Location
- Madison, VA
- Founding
- 05/1991
- Data as of
- 06/2021
- EIN
- 54-1570712
Organization Overview
Skyline Cap Inc is located in Madison, VA. The organization was established in 1991. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Skyline Cap Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skyline Cap 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, Skyline Cap Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $2.8m during the year ending 06/2021. While expenses have increased by 5.0% per year over the past 6 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
TO ADVANCE THE GENERAL WELFARE AND CONDITIONS OF LOW-INCOME, ELDERLY, AND/OR DISADVANTAGED PERSONS BY PROVIDING PROGRAMS AND SERVICES THAT SHALL PROMOTE, DEVELOP, AND ENCOURAGE ACTIVITIES AND MEANS TO IMPROVE HOUSING, EDUCATIONAL, AND LITERACY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START PROVIDED EARLY CHILDHOOD EDUCATION, HEALTH, AND NUTRITION SERVICES TO 225 CHILDREN. THE PROGRAM ALSO PROVIDED PARENTING AND SELF- SUFFICIENCY TRAINING TO FAMILIES OF ENROLLED CHILDREN.
VARIOUS OTHER PROGRAMS DESIGNED TO AMELIORATE POVERTY AND INCREASE SELF- SUFFICIENCY OF LOW INCOME RESIDENTS.
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 |
|---|---|---|---|
Simon Fiscus Executive Di | Officer | 40 | $85,899 |
Carlton Yowell Finance Dire | Officer | 40 | $61,501 |
Kerri Banks Secretary | Trustee | 1 | $0 |
Frank Berry Treasurer | Trustee | 1 | $0 |
Melanie Burch Director | Trustee | 1 | $0 |
Dan Corrow Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,510,719 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,162 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,520,881 |
| Total Program Service Revenue | $365,721 |
| Investment income | $3,053 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $99,606 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,989,261 |
| 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. | $147,400 |
| Compensation of current officers, directors, key employees. | $72,225 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,569,009 |
| Pension plan accruals and contributions | $35,907 |
| Other employee benefits | $168,195 |
| Payroll taxes | $155,812 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $210,845 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $160,303 |
| Travel | $22,462 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,711 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,268 |
| Insurance | $21,086 |
| All other expenses | $32,250 |
| Total functional expenses | $2,834,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,393 |
| Savings and temporary cash investments | $393,625 |
| Pledges and grants receivable | $226,187 |
| Accounts receivable, net | $0 |
| 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 | $50,414 |
| Net Land, buildings, and equipment | $755,911 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $79,358 |
| Total assets | $2,055,888 |
| Accounts payable and accrued expenses | $134,991 |
| 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 | $134,991 |
| Net assets without donor restrictions | $1,427,293 |
| Net assets with donor restrictions | $493,604 |
| 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 | $2,055,888 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Skyline Cap Inc has recieved totaling $9,505.
| Awarding Organization | Amount |
|---|---|
Charlottesville Area Community Foundation Charlottesville, VA PURPOSE: BAMAWORKS 2021 GRANT | $7,000 |
American Woodmark Foundation Inc Winchester, VA PURPOSE: SUPPORT THE HOUSING PROGRAM WITH EMERGENCY HOME REPAIRS AND HOUSING COUNSELING SERVICES | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dogwood Housing Inc North Bethesda, MD | $86,669,090 | $22,202,788 |
Abraham And Laura Lisner Home For Aged Women Washington, DC | $22,620,580 | $13,905,589 |
Lutheran Home-Hickory West Inc Salisbury, NC | $4,616,109 | $14,117,518 |
Lutheran Home - Wilmington Inc Salisbury, NC | $3,485,965 | $12,654,546 |
Community Affordable Housing Equity Corporation Raleigh, NC | $30,228,876 | $11,307,712 |
National Low Income Housing Coalition And Low Income Housing Washington, DC | $13,467,381 | $12,702,610 |
National Foundation For Affordable Housing Solutions Inc North Bethesda, MD | $263,616,606 | $53,198,670 |
Healing Place Inc Louisville, KY | $37,666,074 | $13,853,449 |
Magnolia Housing Inc North Bethesda, MD | $6,233,975 | $1,178,678 |
Lutheran Home-Albemarle Inc Salisbury, NC | $5,090,743 | $9,142,249 |
Chambliss Center For Children Chattanooga, TN | $13,773,339 | $7,553,657 |
Prologue Inc Baltimore, MD | $8,569,201 | $6,794,698 |