2022-03-21T18:16:01-05:00 2021-06-30 521373858 DELEON & STANG CPAS AND ADVISORS 100 LAKEFOREST BLVD STE 650 GAITHERSBURG MD 208772609 990 2020-07-01 471551850 PCR HOUSE INC PCRH 3013650561 9200 KENTSDALE DRIVE POTOMAC MD 20854 STEPHEN RILEY PRESIDENT 3013650561 2022-03-08 true STEPHEN RILEY XXX-XX-XXXX CLINT LEHMAN CPA P00840525 3019489825 2022-03-20 2020 2022-09-23 18:48:47Z STEPHEN RILEY 9200 KENTSDALE DRIVE POTOMAC MD 20854 86734 false X N/A X 2014 MD CONSTRUCTION AND OPERATION OF A HOUSE FOR INDIVIDUALS WITH INTELLECTUAL/ DEVELOPMENTAL DISABILITIES. 5 5 0 2 0 40886 48074 34514 38660 0 2168 0 77568 86734 0 0 12604 13065 0 0 64819 57469 77423 70534 145 16200 1555710 1571910 0 1555710 1571910 TO PROVIDE SAFE, AFFORDABLE, COMMUNITYBASED RESIDENTIAL OPPORTUNITIES FOR INDIVIDUALS WITH DEVELOPMENTAL DIFFERENCES/INTELLECTUAL DISABILITIES. false false THE ORGANIZATION HAS COLLABORATED WITH OUR LADY OF MERCY PARISH, THE ARCHDIOCESE OF WASHINGTON, MONTGOMERY COUNTY, MARYLAND, AND THE STATE OF MARYLAND TO CONSTRUCT A HOUSE FOR INDIVIDUALS WITH INTELLECTUAL/ DEVELOPMENTAL DISABILITIES. HOUSE CONTRUCTION EXPENSES ARE CAPITALIZED AND REPORTED ON THE ORGANIZATION'S BALANCE SHEET. true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false false false false X 5 5 false false false false false false false true false false false false false false false false false false MICHAEL CIPPEL 7034626200 8330 BOONE BLVD SUITE 350 VIENNA VA 22182 X MSGR CHARLES V ANTONICELLI VICE PRESIDE 1.00 X X 0 0 0 EDWARD QUINN VP AND SECRE 1.00 X X 0 0 0 STEPHEN RILEY PRESIDENT 1.00 40.00 X X 0 0 0 KATHLEEN SULLIVAN TYSON BOARD CHAIR 1.00 X X 0 0 0 DANIEL VERNER TREASURER 1.00 X X 0 0 0 false false false X 48074 48074 FAMILY SUPPORT 900099 19730 19730 RENTAL PAYMENTS 900099 18930 18930 38660 86734 38660 X 13065 13065 7399 7399 7676 7676 13074 13074 9763 9763 BUILDING AND GROUNDS 11034 11034 HOSPITALITY 4781 4781 HOUSEHOLD SUPPLIES 3628 3628 MISCELLANEOUS 114 114 70534 0 70534 0 X 47 247 16000 1555663 1555663 1555663 1555710 1571910 0 0 X 1555710 1571910 1555710 1571910 1555710 1571910 16200 X X false false false X 1007968 19776 40886 48074 1116704 1007968 19776 40886 48074 1116704 1116704 1990 2168 4158 1120862 38660 X PART II, LINE 10 4,158 1525031 1525031 30632 30632 1555663 FORM 990, PAGE 6, PART VI, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE ORGANIZATION'S OUTSOURCED ACCOUNTANTS, AS WELL AS THE PRESIDENT AND TREASURER PRIOR TO BEING FILED. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION WOULD CONSIDER MAKING THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IF REQUESTED TO DO SO. HOWEVER, THESE DOCUMENTS ARE TYPICALLY NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTING 0 7,676 0 FORM 990, PART XI THE ORGANIZATION DEFINES BOARD-DESIGNATED OPERATING RESERVES AS THE PORTION OF "UNRESTRICTED NET ASSETS" THAT THE BOARD HAS DESIGNATED FOR USE IN EMERGENCIES TO SUSTAIN FINANCIAL OPERATIONS IN THE EVENT OF SIGNIFICANT UNBUDGETED INCREASES IN OPERATING EXPENSES AND/OR LOSSES IN OPERATING REVENUES. THE AMOUNT OF ACCUMULATED "UNRESTRICTED NET ASSETS" IS INCREASED OR DECREASED AS THE RESULT OF ANNUAL OPERATING SURPLUSES OR DEFICITS. THE ORGANIZATION PURSUES FINANCIAL STABILITY BY BUDGETING FOR - AND THEN ACHIEVING REASONABLE, MODEST SURPLUSES YEAR AFTER YEAR TO MEET THEIR OPERATING RESERVE OBJECTIVES. THE ORGANIZATION RECEIVED A SPECIAL UNRESTRICTED DONOR CONTRIBUTION OF 16,000 DURING FY 2021 TO ESTABLISH THE OPERATING RESERVE, WHICH THE BOARD HAS DESIGNATED AS A CONTRIBUTION TO THE OPERATING RESERVE. THE BALANCE OF BOARD-DESIGNATED OPERATING RESERVE HELD BY THE ORGANIZATION AT 6/30/2021 IS CALCULATED AS FOLLOWS: TOTAL LIABILITIES AND NET ASSETS/FUND BALANCES 1,571,910 LESS: RESTRICTED FUND BALANCES 0 LESS: EQUITY IN FIXED ASSETS(1,555,663) UNRESTRICTED NET ASSETS AVAILABLE FOR DESIGNATION 16,247 LESS: BOARD-DESIGNATED OPERATING RESERVE 16,000 UNDESIGNATED OPERATING FUNDS 247 PCR HOUSE CALCULATES ITS RESULTS FROM OPERATIONS, LESS CONTRIBUTIONS, AS FOLLOWS: PROGRAM SERVICE REVENUE OF 38,600 LESS EXPENSES OF 70,534 - RESULTING IN AN OPERATING DEFICIT OF 31,934 FOR FY 2021. FORM 990, PAGE 12, PART XII, LINE 1 THE ORGANIZATION PREPARES ITS FINANCIAL STATEMENTS ON A MODIFIED CASH BASIS OF ACCOUNTING, WHICH IS A COMPREHENSIVE BASIS OF ACCOUNTING RATHER THAN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. CONSEQUENTLY, CERTAIN REVENUE IS RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED OR PROMISED AND EXPENSES ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATION IS INCURRED. ASSETS AND LIABILITIES ARISING FROM TRANSACTIONS THAT ARE ALSO RECORDED INCLUDE: (1) AMOUNTS RECEIVABLE FROM OR PAYABLES TO AFFILIATES, AND (2) THE COST OF PROPERTY AND EQUIPMENT. POTOMAC COMMUNITY RESOURCES INC 9200 KENTSDALE DRIVE POTOMAC MD 20854 522286949 PROGRAMS MD C3 7 N/A false false false true false false false false false false false false false false false false true false false true POTOMAC COMMUNITY RESOURCES C 39146 COST POTOMAC COMMUNITY RESOURCES P 66325 COST POTOMAC COMMUNITY RESOURCES S 57397 COST