RESTON STUDY CENTER INC

EIN: 541826300 501(c)(3) Religion

Reston, VA

Total Revenue
$518,057
Total Expenses
$674,035
Total Assets
$4,673,304
Net Assets
$4,673,304
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
VA
Principal Officer
Eric Heil
Phone
7036893433
Tax Period
2024-07-01 to 2025-06-30

RESTON STUDY CENTER INC, founded in 1996, is a small nonprofit in the Religion sector that reported $518K in total revenue in fiscal year 2024. Expenses of $674K exceeded revenue, resulting in a 30% operating deficit.

Mission

Provide classes and mentoring aimed at personal, spiritual and professional development of youths and adults.

Program Service Accomplishments

Program 1
Expenses: $511,353 Revenue: $518,056

Reston Study Center, through its volunteers and resident staff of priests and laymen, conducted over 50 Catholic spiritual retreats and days of recollection with 20-40 participants per event. It also...

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Reston Study Center, through its volunteers and resident staff of priests and laymen, conducted over 50 Catholic spiritual retreats and days of recollection with 20-40 participants per event. It also provided counseling to over 200 people and conducted over 75 classes of Catholic doctrine and morality with 10-20 participants per class. In addition it conducted enrichment seminars for college students and young adults and a club for elementary school students.

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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 $318,330
Program Service Revenue $199,727
Investment Income $0
Other Revenue $0
TOTAL REVENUE $518,057

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $511,353
Other Expenses $674,035
TOTAL EXPENSES $674,035

Year-over-Year Comparison

2024 2023 Change
Revenue $518,057 $502,416 +0.0%
Expenses $674,035 $700,906 0.0%
Net Income $-155,978 $-198,490 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
80

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Bancroft VP and Director 20
Officer Director
$0 $0 $0
John Fagan Sec./Treas. and Director 40
Officer Director
$0 $0 $0
Stephen Gabriel Director 2
Director
$0 $0 $0
Daryl Glick Director 10
Director
$0 $0 $0
Eric Heil President and Director 20
Officer Director
$0 $0 $0
Anthony McCarthy Director 2
Director
$0 $0 $0
Paul Waddelove Director 2
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 $518,057 $674,035 $4,673,304 $-155,978
2024 $502,416 $700,906 $4,829,282 $-198,490
2023 $547,242 $719,943 $5,027,772 $-172,701
2022 $502,193 $703,571 $5,200,473 $-201,378
2021 $549,459 $696,165 $5,401,851 $-146,706
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