Arc Acres Group Home Inc is located in Lexington, VA. The organization was established in 2005. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Acres Group 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 12/2022, Arc Acres Group Home Inc generated $10.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $30.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE HOUSING FOR INDIVIDUALS THAT ARE MENTALLY ILL OR SUBSTANCE ABUSE DEPENDENT IN A 5 UNIT FACILITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann-Ashby Mckissick Chair | 0.25 | $0 | |
Perlista Yvonne Henry Vice Chair | 0.25 | $0 | |
Kevin Kendall Board Member | 0.25 | $0 | |
Bruce Sigler Board Member | 0.25 | $0 | |
Hugh Ferguson Board Member | 0.25 | $0 | |
Michael Gilmore Board Member | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,763 |
Total Program Service Revenue | $3,999 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $10,764 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $10,923 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,930 |
Total expenses | $30,853 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,896 |
Other assets | $0 |
Total assets | $216,748 |
Total liabilities | $674 |
Net assets or fund balances | $216,074 |