Foundation of the Arc of Northern Virginia

EIN: 541547443 501(c)(3)

Fairfax, VA

Total Revenue
$816,010
Total Expenses
$827,652
Total Assets
$2,018,773
Net Assets
$1,998,818
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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
VA
Principal Officer
Mary Whalen
Phone
7032081119
Tax Period
2024-07-01 to 2025-06-30

Foundation of the Arc of Northern Virginia, founded in 1989, is a small nonprofit that reported $816K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Net assets of $2.0M represent 29 months of operating reserves.

Mission

The Foundation supports The Arc of Northern Virginia ("The Arc"). This is accomplished by managing an endowment fund investment portfolio, providing special needs trust oversight, offering strategic and operational business advice, (Continued on Schedule O)and providing entree to individuals and organizations to support The Arc. The Foundation works to ensure a secure financial future for The Arc to enable The Arc to fulfill its mission to promote and protect the human rights of people with intellectual and developmental disabilities and actively support their full inclusion and participation in the community throughout their lifetimes.

Program Service Accomplishments

Program 1
Expenses: $657,751 Revenue: $679,349

Special Needs Trust - The Foundation oversees special needs trust management services that provide individuals with disabilities and their family members with future planning options to ensure the...

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Special Needs Trust - The Foundation oversees special needs trust management services that provide individuals with disabilities and their family members with future planning options to ensure the needs of individuals with disabilities are adequately provided for. The Special Needs Trust Program provides professional management and support services.

Program 2
Expenses: $80,515

Financial and Business Guidance - The Foundation serves as a source of financial support to The Arc, manages an endowment fund investment portfolio to support The Arc, and supports The Arc's...

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Financial and Business Guidance - The Foundation serves as a source of financial support to The Arc, manages an endowment fund investment portfolio to support The Arc, and supports The Arc's fundraising activities. The Foundation provides guidance to ensure the long-term security of The Arc.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,884
Program Service Revenue $679,349
Investment Income $60,777
Other Revenue $0
TOTAL REVENUE $816,010

Expense Breakdown

Grants Paid $80,515
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $738,266
Other Expenses $747,137
TOTAL EXPENSES $827,652

Year-over-Year Comparison

2024 2023 Change
Revenue $816,010 $940,851 -0.1%
Expenses $827,652 $937,513 -0.1%
Net Income $-11,642 $3,338 -4.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$161,844
Total Directors
6
$161,844
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melissa Heifetz Executive Director 10.00
Officer Director
$0 $3,544 $161,844
Douglas M Church Jr Chair 3.00
Officer Director
$0 $0 $0
Alexander Yellin Secretary 0.50
Officer Director
$0 $0 $0
Alan Harbitter Treasurer 0.50
Officer Director
$0 $0 $0
Michael Zoskey Director 0.50
Director
$0 $0 $0
Jouya Rastegar Director 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $816,010 $827,652 $2,018,773 $-11,642
2024 $940,851 $937,513 $1,947,064 $3,338
2023 $742,587 $836,678 $1,888,147 $-94,091
2022 $870,611 $752,946 $1,715,196 $117,665
2021 $768,510 $611,347 $1,798,207 $157,163
2020 $973,721 $531,011 $1,472,350 $442,710
2019 $557,166 $493,160 $1,026,860 $64,006
2018 $514,217 $456,507 $948,624 $57,710
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