Medarva Imaging FY2020 filing

IRS exemption revoked

Richmond, VA501(c)(3)Health Care EIN 54-2040968Revenue $50K in FY2020Latest 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, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-2040968) · Dispute this line
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · 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
99%
of spending
99% of spending went to programs.
Pt IX · Ln 25 · col B
0.3 mo
of spending, in cash
0.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5.7M
119% of total assets
Liabilities are 119% of assets.
Pt X · Ln 26
Independent board members
22
of 23 voting members
22 of 23 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$50K
Spent
$985K
To programs
99%
Net assets
−$935K
By yearFY2020–FY2022
Revenue
$50K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$50K
FY2021$336K
FY2022$1.6M
Expenses
$985K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$985K
FY2021$1.5M
FY2022$1.8M
Net assets
−$935K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$935K
FY2021−$2.1M
FY2022−$2.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

IRS revoked this organization's tax-exempt status on May 15, 2026
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

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

99 cents of each dollar spent went to programs.

Program services 99% · $971K Management & general 1% · $13K

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

20 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
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$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 15aNo

Programs and updates

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

Questions for Medarva Imaging

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1 program · $971K · in their own filed words · FY2020
01

Operated a diagnostic imaging center, serving patients in greater richmond and surrounding areas

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-2040968) · Dispute this line
$971Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$50K
Ln 12
Fees for servicesLn 2g$50K
Money outPt IX
$985K
Ln 25
Programscol B$971K
Managementcol C$13K
Owns and owesPt X
−$935K
net assets · Ln 32
Cash and savingsLn 1–2$25K
Total assetsLn 16$4.8M
LiabilitiesLn 26$5.7M
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a23
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$50K
Total revenueLn 12$50K
Assets in detailPt X, end of year
CashLn 1$25K
Cash and savings togetherLn 1–2$25K
Accounts receivableLn 4$44K
Prepaid expenses and deferred chargesLn 9$2K
Land, buildings, equipmentLn 10c$4.7M
Total assetsLn 16$4.8M
LiabilitiesLn 26$5.7M
Net assetsLn 32−$935K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$0$25K
Land, buildings, equipmentLn 10c$0$4.7M
Total assetsLn 16$0$4.8M
LiabilitiesLn 26$0$5.7M
Net assetsLn 32$0−$935K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$99K$89K$10K
Legal feesLn 11b$3K$3K
Advertising and promotionLn 12$71K$71K
Information technologyLn 14$15K$15K
OccupancyLn 16$191K$191K
InterestLn 20$75K$75K
Depreciation, depletion and amortizationLn 22$330K$330K
Other expenses (24a–d)Ln 24$200K$200K$0$0
Total functional expensesLn 25$985K$971K$13K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled 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
FY2020 ViewingFiled 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 FY2020 990
Part I · Summary $49,582 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$49,582
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $0$49,582
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 $0$984,602
I-18 Total expensesPrior year $0$984,602
I-19 Revenue less expensesPrior year $0−$935,020
Part VI · Governance 22 of 23 board members independent, 2 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members22
VI-13 Written whistleblower policyNo
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-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $49,582 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 $49,582 · Unrelated business $0 · Excluded from tax $0$49,582
VIII-12 Total revenueRelated to mission $49,582 · Unrelated business $0 · Excluded from tax $0$49,582
Part IX · Statement of functional expenses $984,602 across 8 lines filed
IX-11a Management feesPrograms $88,661 · Management $9,840$98,501
IX-11b Legal feesManagement $3,414$3,414
IX-12 Advertising and promotionPrograms $71,421$71,421
IX-14 Information technologyPrograms $14,778$14,778
IX-16 OccupancyPrograms $191,165$191,165
IX-20 InterestPrograms $74,805$74,805
IX-22 Depreciation, depletion and amortizationPrograms $330,332$330,332
IX-24 Other expenses (24a–d)Programs $200,186 · Management $0 · Fundraising $0$200,186
IX-25 Total functional expensesPrograms $971,348 · Management $13,254 · Fundraising $0$984,602
Part X · Balance sheet $4,806,887 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $0$24,707
X-4 Accounts receivableStart of year $0$43,673
X-9 Prepaid expenses and deferred chargesStart of year $0$2,302
X-10c Land, buildings and equipment, netStart of year $0$4,736,205
X-16 Total assetsStart of year $0$4,806,887
X-17 Accounts payable and accrued expensesStart of year $0$5,631
X-23 Secured mortgages and notes payableStart of year $0$2,802,231
X-25 Other liabilitiesStart of year $0$2,934,045
X-26 Total liabilitiesStart of year $0$5,741,907
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 $0−$935,020
X-32 Total net assets or fund balancesStart of year $0−$935,020
X-33 Total liabilities and net assetsStart of year $0$4,806,887
Part XI · Reconciliation of net assets −$935,020 net assets at year end
XI-1 Total revenue$49,582
XI-2 Total expenses$984,602
XI-3 Revenue less expenses−$935,020
XI-4 Net assets at start of year$0
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$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$935,020

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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