Medarva Imaging

IRS exemption revoked

Richmond, VA501(c)(3)Health Care EIN 54-2040968Revenue $1.6M in FY2022Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSmedarva.comRichmond, VATax-exempt since Nov 2002Supporting organization — 509(a)(3)

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The organization was created to support the exempt purpose of richmond eye and ear healthcare alliance to resore and enrich lives through health technology, education, and by operating a diagnostic Imaging center serving patients in greater richmond and the surrounding areas.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-2040968) · Dispute this line
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
The IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $750K a year · 113% of revenue · last 3 filings
A surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
93%
of spending
93% of spending went to programs.
Pt IX · Ln 25 · col B
0.5 mo
of spending, in cash
0.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6.7M
152% of total assets
Liabilities are 152% of assets.
Pt X · Ln 26
Revenue
$1.6M
+378% vs prior year
Spent
$1.8M
To programs
93%
Net assets
−$2.3M
By yearFY2020–FY2022
Revenue
$1.6M
FY2022▲ +378%
Tap a bar for its year
Revenue by fiscal year
FY2020$50K
FY2021$336K
FY2022$1.6M
Expenses
$1.8M
FY2022▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$985K
FY2021$1.5M
FY2022$1.8M
Net assets
−$2.3M
FY2022▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020−$935K
FY2021−$2.1M
FY2022−$2.3M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

IRS revoked this organization's tax-exempt status on May 15, 2026

Is it real?

No. The IRS revoked its tax exemption. Latest filing we have: FY2022. IRS ruling in Nov 2002.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $1.6M Management & general 7% · $126K

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

Something off? Claim to add context

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Medarva Imaging executive salaries →

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 15aYes

Programs and updates

Provides health technology and education, operating a diagnostic imaging center for greater Richmond.

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1 program · $1.6M · in their own filed words · FY2022
01

The organization was created to support the exempt purpose of richmond eye and ear healthcare alliance to resore and enrich lives through health technology, education, and by operating a diagnostic imaging center serving patients in greater richmond and the surrounding areas.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-2040968) · Dispute this line
$1.6Mprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.6M
Money outPt IX
$1.8M
Ln 25
Programscol B$1.6M
Managementcol C$126K
Owns and owesPt X
−$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$71K
Total assetsLn 16$4.4M
LiabilitiesLn 26$6.7M
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.6M
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$71K
Cash and savings togetherLn 1–2$71K
Accounts receivableLn 4$140K
Inventories for sale or useLn 8$20K
Prepaid expenses and deferred chargesLn 9$37K
Land, buildings, equipmentLn 10c$4.1M
Total assetsLn 16$4.4M
LiabilitiesLn 26$6.7M
Net assetsLn 32−$2.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2−$26$71K
Land, buildings, equipmentLn 10c$4.5M$4.1M
Total assetsLn 16$4.6M$4.4M
LiabilitiesLn 26$6.7M$6.7M
Net assetsLn 32−$2.1M−$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$7K$7K
Other fees for servicesLn 11g$14K$14K
Advertising and promotionLn 12$51K$51K
Office expensesLn 13$124K$124K
Information technologyLn 14$131K$131K
OccupancyLn 16$189K$189K
TravelLn 17$71$71
InterestLn 20$108K$108K
Payments to affiliatesLn 21$421K$294K$126K
Depreciation, depletion and amortizationLn 22$492K$492K
Other expenses (24a–d)Ln 24$232K$232K$0$0
Total functional expensesLn 25$1.8M$1.6M$126K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest ViewingFiled with the IRS Oct 16, 2023 $1.6M$1.8M−$164K−$2.3M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $336K$1.5M−$1.2M−$2.1M 990 PDF
FY2020Filed with the IRS Nov 16, 2021 $50K$985K−$935K−$935K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $1,604,223 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $335,598$1,604,223
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $335,598$1,604,223
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 $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,486,978$1,768,041
I-18 Total expensesPrior year $1,486,978$1,768,041
I-19 Revenue less expensesPrior year −$1,151,380−$163,818
Part VI · Governance no flags
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,604,223 across 3 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,604,223 · Unrelated business $0 · Excluded from tax $0$1,604,223
VIII-12 Total revenueRelated to mission $1,604,223 · Unrelated business $0 · Excluded from tax $0$1,604,223
Part IX · Statement of functional expenses $1,768,041 across 11 lines filed
IX-11b Legal feesPrograms $6,644$6,644
IX-11g Other fees for servicesPrograms $14,275$14,275
IX-12 Advertising and promotionPrograms $50,589$50,589
IX-13 Office expensesPrograms $123,506$123,506
IX-14 Information technologyPrograms $131,118$131,118
IX-16 OccupancyPrograms $189,216$189,216
IX-17 TravelPrograms $71$71
IX-20 InterestPrograms $107,851$107,851
IX-21 Payments to affiliatesPrograms $294,492 · Management $126,211$420,703
IX-22 Depreciation, depletion and amortizationPrograms $491,813$491,813
IX-24 Other expenses (24a–d)Programs $232,255 · Management $0 · Fundraising $0$232,255
IX-25 Total functional expensesPrograms $1,641,830 · Management $126,211 · Fundraising $0$1,768,041
Part X · Balance sheet $4,383,830 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year −$26$71,221
X-4 Accounts receivableStart of year $74,545$140,170
X-8 Inventories for sale or use$20,432
X-9 Prepaid expenses and deferred chargesStart of year $14,903$36,628
X-10c Land, buildings and equipment, netStart of year $4,533,892$4,115,379
X-16 Total assetsStart of year $4,623,314$4,383,830
X-17 Accounts payable and accrued expensesStart of year $51,869$30,053
X-23 Secured mortgages and notes payableStart of year $2,208,237$1,927,718
X-25 Other liabilitiesStart of year $4,449,608$4,719,149
X-26 Total liabilitiesStart of year $6,709,714$6,676,920
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year −$2,086,400−$2,293,090
X-32 Total net assets or fund balancesStart of year −$2,086,400−$2,293,090
X-33 Total liabilities and net assetsStart of year $4,623,314$4,383,830
Part XI · Reconciliation of net assets −$2,293,090 net assets at year end
XI-1 Total revenue$1,604,223
XI-2 Total expenses$1,768,041
XI-3 Revenue less expenses−$163,818
XI-4 Net assets at start of year−$2,086,400
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$42,872
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$2,293,090

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

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