The Organization provides affordable housing and services to older adults.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $77K a year · 4% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.7M
94% of total assets
Concern: liabilities are 94% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+6% vs prior year
Spent
$1.9M
To programs
91%
Net assets
$308K
By yearFY2020–FY2025
Revenue
$1.8M
FY2022▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.7M
FY2022$1.8M
FY2023$1.9M
FY2024$1.9M
FY2025$2.0M
Expenses
$1.9M
FY2022▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$1.7M
FY2022$1.9M
FY2023$2.0M
FY2024$2.2M
FY2025$2.1M
Net assets
$308K
FY2022▼ -26%
Tap a bar for its year
Net assets by fiscal year
FY2020$432K
FY2021$414K
FY2022$308K
FY2023$162K
FY2024−$78K
FY2025−$190K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2010-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Jan 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $1.7M Management & general 9% · $165K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Lake Ridge Elderly Development INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides affordable housing and services for low-income seniors and people with disabilities.

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Provided by the organization

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1 program · $1.7M · in their own filed words · FY2021
01

Fellowship square provides affordable housing and services to seniors who have very limited incomes and resources. Since 1960, fellowship square foundation has provided quality, independent apartment living in reston and woodbridge, virginia and upper marlboro, maryland for more than 3,000 RESIDENTS.LAKE ridge fellowship house opened in…

$1.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.7M
Gifts and grantsLn 1h$114K
Other incomeLn 4–11$48K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.7M
Managementcol C$165K
Owns and owesPt X
$308K
net assets · Ln 32
Cash and savingsLn 1–2$267K
Total assetsLn 16$5.0M
LiabilitiesLn 26$4.7M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$114K
Government grantsLn 1e$37K
Noncash giftsLn 1g$77K
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$744
Other incomeLn 4–11$48K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$267K
Cash and savings togetherLn 1–2$267K
Land, buildings, equipmentLn 10c$3.8M
Other assetsLn 15$921K
Total assetsLn 16$5.0M
LiabilitiesLn 26$4.7M
Net assetsLn 32$308K
OperationsPt I, VI
EmployeesI 50
VolunteersI 654
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$77K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$103K$267K
Land, buildings, equipmentLn 10c$3.9M$3.8M
Total assetsLn 16$5.2M$5.0M
LiabilitiesLn 26$4.7M$4.7M
Net assetsLn 32$414K$308K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$495K$495K
Pension plan contributionsLn 8$2K$2K
Other employee benefitsLn 9$63K$63K
Payroll taxesLn 10$39K$39K
Management feesLn 11a$70K$70K
Accounting feesLn 11c$13K$13K
Other fees for servicesLn 11g$129K$47K$82K
Advertising and promotionLn 12$295$295
Office expensesLn 13$129K$129K
Information technologyLn 14$120$120
OccupancyLn 16$398K$398K
TravelLn 17−$25−$25
InterestLn 20$151K$151K
Depreciation, depletion and amortizationLn 22$350K$350K
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$6K$6K
Total functional expensesLn 25$1.9M$1.7M$165K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.0M$2.1M−$112K−$190K 990 PDF
FY2024Filed with the IRS Mar 11, 2025 $1.9M$2.2M−$240K−$78K 990 PDF
FY2023Filed with the IRS Apr 26, 2024 $1.9M$2.0M−$117K$162K 990 PDF
FY2022 ViewingFiled with the IRS Apr 28, 2023 $1.8M$1.9M−$29K$308K 990 PDF
FY2021Filed with the IRS Feb 15, 2022 $1.7M$1.7M−$18K$414K 990 PDF
FY2020Filed with the IRS Feb 1, 2021 $1.8M$1.7M$53K$432K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,837,167 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $18,979$113,579
I-9 Program service revenuePrior year $1,643,946$1,674,652
I-10 Investment incomePrior year $845$744
I-11 Other revenuePrior year $64,651$48,192
I-12 Total revenuePrior year $1,728,421$1,837,167
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $475,246$599,244
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,271,483$1,266,561
I-18 Total expensesPrior year $1,746,729$1,865,805
I-19 Revenue less expensesPrior year −$18,308−$28,638
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,837,167 across 8 lines filed
Lines not itemized here account for $3,713 of total revenue; see the IRS return.
VIII-1e Government grants$36,523
VIII-1f All other contributions, gifts and grants$77,056
VIII-1g Noncash contributions (included above)$77,056
VIII-1h Total contributions, gifts and grants$113,579
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,674,652$1,674,652
VIII-3 Investment incomeExcluded from tax $744$744
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $44,479$44,479
VIII-12 Total revenueRelated to mission $1,674,652 · Unrelated business $0 · Excluded from tax $48,936$1,837,167
Part IX · Statement of functional expenses $1,865,805 across 16 lines filed
IX-7 Other salaries and wagesPrograms $495,474$495,474
IX-8 Pension plan contributionsPrograms $2,312$2,312
IX-9 Other employee benefitsPrograms $62,560$62,560
IX-10 Payroll taxesPrograms $38,898$38,898
IX-11a Management feesManagement $69,797$69,797
IX-11c Accounting feesManagement $13,075$13,075
IX-11g Other fees for servicesPrograms $46,635 · Management $82,081$128,716
IX-12 Advertising and promotionPrograms $295$295
IX-13 Office expensesPrograms $128,807$128,807
IX-14 Information technologyPrograms $120$120
IX-16 OccupancyPrograms $398,064$398,064
IX-17 TravelPrograms −$25−$25
IX-20 InterestPrograms $151,284$151,284
IX-22 Depreciation, depletion and amortizationPrograms $349,687$349,687
IX-23 InsurancePrograms $21,218$21,218
IX-24 Other expenses (24a–d)Programs $5,523$5,523
IX-25 Total functional expensesPrograms $1,700,852 · Management $164,953 · Fundraising $0$1,865,805
Part X · Balance sheet $4,977,031 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $102,963$266,838
X-4 Accounts receivableStart of year $1,880$28,632
X-10c Land, buildings and equipment, netStart of year $3,866,059$3,760,911
X-15 Other assetsStart of year $1,183,912$920,650
X-16 Total assetsStart of year $5,154,814$4,977,031
X-17 Accounts payable and accrued expensesStart of year $40,110$47,734
X-19 Deferred revenue$27,376
X-25 Other liabilitiesStart of year $7,136$9,317
X-26 Total liabilitiesStart of year $4,741,023$4,668,934
X-27 Net assets without donor restrictionsStart of year $413,791$308,097
X-32 Total net assets or fund balancesStart of year $413,791$308,097
X-33 Total liabilities and net assetsStart of year $5,154,814$4,977,031
Part XI · Reconciliation of net assets $308,097 net assets at year end
XI-1 Total revenue$1,837,167
XI-2 Total expenses$1,865,805
XI-3 Revenue less expenses−$28,638
XI-4 Net assets at start of year$413,791
XI-9 Other changes in net assets−$77,056
XI-10 Net assets at end of year$308,097

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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