2024-03-31T09:40:17-05:00 2023-06-30 260794367 UHY ADVISORS MID-ATLANTIC INC 7900 WESTPARK DR SUITE T420 MCLEAN VA 22102 990 2022-07-01 541547443 FOUNDATION OF THE ARC OF NORTHERN VIRGINIA FOUN 7032081119 3060 WILLIAMS DRIVE 300 FAIRFAX VA 22031 MELISSA HEIFETZ EXECUTIVE DIRECTOR 7035777125 2024-03-27 1 MELISSA HEIFETZ XXX-XX-XXXX 0 JEFFREY P HAYDEN P00057870 7038932660 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MELISSA HEIFETZ 3060 WILLIAMS DRIVE 300 FAIRFAX VA 22031 860347 0 X WWW.THEARCOFNOVATRUST.ORG X 1989 VA TO PROMOTE LIFELONG OPPORTUNITIES FOR ALL INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES 6 5 0 10 0 0 285833 180085 562659 521921 22119 40581 0 0 870611 742587 57651 103842 0 0 0 0 0 0 0 695295 732836 752946 836678 117665 -94091 1715196 1888147 77252 108119 1637944 1780028 X 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, ...SEE SCHEDULE OCONTINUED FROM PAGE 2... 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. 0 0 680755 521921 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. 103842 103842 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. 784597 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 X THE ORGANIZATION 7032081119 3060 WILLIAMS DRIVE 300 FAIRFAX VA 22031 DOUGLAS M CHURCH JR CHAIRPERSON 3.00 2.00 X X 0 0 0 ALEXANDER YELLIN SECRETARY 1.00 X X 0 0 0 ALAN HARBITTER TREASURER 1.00 X X 0 0 0 RIKKI EPSTEIN M ED EXECUTIVE DIRECTOR, ARC (UNTIL 12/22) 2.00 50.00 X X 0 144750 1500 MICHAEL ZOSKEY DIRECTOR 1.00 X 0 0 0 JOUYA RASTEGAR DIRECTOR 1.00 X 0 0 0 MELISSA HEIFETZ EXECUTIVE DIRECTOR, ARC (BEG 12/22) 10.00 30.00 X X 0 1564 0 0 146314 1500 0 0 0 0 0 180085 180085 TRUST FEES 900099 521921 521921 521921 50806 50806 107535 117760 -10225 -10225 -10225 742587 521921 0 40581 103842 103842 618252 618252 18122 18122 10199 10199 5123 4520 603 1647 1647 4745 3704 1041 9011 1800 7211 4679 4679 4859 4299 560 14205 14205 100 100 BAD DEBT LOSS 41854 41854 40 40 836678 784597 52081 0 144061 36545 58694 133221 172 319955 50216 35880 11967 7908 94274 88715 5045 5559 1389755 1285534 55286 63545 1715196 1888147 21008 9120 16357 56244 56766 0 25876 77252 108119 X 1637772 1460073 172 319955 1637944 1780028 1715196 1888147 -94091 84197 151978 0 X X 1 X 0 1 0 X X 1 ARC OF NORTHERN VIRGINIA INC 540675506 7 1 722094 0 1 722094 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1389755 134598 -124778 -103842 -10199 1285534 1213287 449336 -202309 57651 12908 1389755 663292 350237 238547 29505 9284 1213287 633031 45195 36139 45216 5857 663292 606445 31666 31965 31380 5666 633031 1.00000 0.00000 0.00000 0 0 94274 88715 5559 5559 DUE TO ARC 25876 25876 X PART IV, LINE 2B: THE FOUNDATION MAINTAINS DEPOSITS ON BEHALF OF CERTAIN INDIVIDUALS IN ITS SPECIAL NEEDS TRUST PROGRAM. AMOUNTS ARE DISBURSED FROM THE DEPOSITS IN ACCORDANCE WITH INDIVIDUAL AGREEMENTS WITH THE PARTICIPANTS. THE FOUNDATION RECORDS A LIABILITY FOR THE BALANCE OF THE DEPOSITS. THE DEPOSITS OF $55,766 ARE INCLUDED IN SAVINGS AND TEMPORARY CASH INVESTMENTS. PART V, LINE 4: THE FOUNDATION'S OVERALL INVESTMENT OBJECTIVE IS TO MANAGE ITS ASSETS IN SUCH A WAY AS TO ENSURE LONG-TERM APPRECIATION. WHILE GROWTH IN THE VALUE OF ASSETS IS THE PRIMARY IMVESTMENT OBJECTIVE, THE FOUNDATION IS ALSO CONCERNED WITH THE CONSERVATION OF ITS CAPITAL. GENERALLY, THE FOUNDATION DONATES FIVE PERCENT OF THE VALUE OF ITS UNRESERVED INVESTMENTS TO THE ARC ON A QUARTERLY BASIS. PART X, LINE 2: THE FOUNDATION IS REQUIRED TO MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN INCOME TAX POSITIONS THE FOUNDATION HAS TAKEN IN THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION OR EXPECTS TO TAKE ON AN INCOME TAX RETURN. THE FOUNDATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN INCOME TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAX AUTHORITIES. THE FOUNDATION RECORDED NO LIABILITY FOR UNCERTAIN INCOME TAX POSITIONS FOR ANY OPEN TAX YEARS. 1 ARC OF NORTHERN VIRGINIA INC 3060 WILLIAMS DRIVE SUITE 300 FAIRFAX VA 22031 540675506 501C3 103842 0 GENERAL SUPPORT PART I, LINE 2: THE FOUNDATION SHARES A BOARD MEMBER WITH THE ARC OF NORTHERN VIRGINIA, INC. AND THE EXECUTIVE DIRECTOR OF THE ARC OF NORTHERN VIRGINIA, INC. SERVES ON THE FOUNDATION'S BOARD. DETAILED REQUESTS ARE MADE TO THE FOUNDATION BOARD PRIOR TO GRANTING FUNDS. THE OVERLAP OF BOARD MEMBERS ALLOWS FOR MONITORING OF USE OF FUNDS DONATED TO THE ARC OF NORTHERN VIRGINIA. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWED AND APPROVED THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS APPROVED BY THE ARC BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGET PROCESS. THE ARC BOARD OF DIRECTORS REVIEWS EXECUTIVE COMPENSATION FROM OTHER NOT-FOR-PROFIT ORGANIZATIONS THAT ARE SIMILAR IN SIZE AND MISSION TO THE ARC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION A, LINE 1A THE EXECUTIVE DIRECTOR RECEIVES COMPENSATION FROM THE ARC OF NORTHERN VIRGINIA, INC. THE FOUNDATION IS BILLED FOR SHARED SERVICES WHICH INCLUDES HER SERVICES. THE ARC OF NORTHERN VIRGINIA 3060 WILLIAMS DRIVE SUITE 300 FAIRFAX VA 22031 540675506 BUILD COMMUN OPPOR FOR INDIVS & FAMILIES LIVING WITH DISABILITES (ID & DD) VA 501C3 LINE 7 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 ARC OF NORTHERN VIRGINIA INC M 618252 FMV ARC OF NORTHERN VIRGINIA INC S 114356 FMV ARC OF NORTHERN VIRGINIA INC B 103742 FMV