IVNA Health Services
IVNA HEALTH SERVICES PROVIDES SERVICES TO UNDERINSURED AND UNINSURED PERSONS THROUGHOUT THE GREATER RICHMOND AREA.
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$337
Total Expenses
$837K
Net Assets
$5.5M
Employees
15
Program Expense Ratio
91.7%
This nonprofit profile presents IRS Form 990 tax filing data for IVNA Health Services (EIN: 54-1479847), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
IVNA Health Services is a 501(c)(3) nonprofit headquartered in Richmond, VA, founded in 1989. It is classified under NTEE code E92 (Home Health Care), within the Healthcare category. The organization has held tax-exempt status since 2014. In its 2024 filing, the organization reported $337 in total revenue, a 99.9% decrease from the prior year, and $837K in total expenses. The organization employed 15 people. Michael Lutes, President/CEO - Richmond, is the highest-compensated individual at $1,433,183. The organization runs 1 program, totaling $767K in program expenses. 4 of 6 recommended governance policies are in place.
IVNA Health Services is classified under NTEE code E92 (Home Health Care), which falls within the Healthcare category. Its foundation type is 16.
Programs(Tax Year 2024)
1 record
IVNA Health Services operates 1 program, with total program expenses of $767K. IVNA Health Services's largest program accounts for 100% of total program spending.
CHARITY HOME CARE: HOME BASED SKILLED CARE INCLUDING SKILLED NURSING CARE; PHYSICAL REHAB, SPEECH AND OCCUPATIONAL THERAPIES; INFUSION SERVICES AND SOCIAL WORK SERVICES TO HOME-BOUND PERSONS IN NEED. THESE SERVICES ARE SUPPORTED BY IVNA CHARITY FUNDS AND PROVIDED BY ACCREDITED SUBCONTRACTORS. IVNA LIFELINE - A PERSONAL EMERGENCY RESPONSE ALARM, WHICH ENABLES A HOME-BOUND PATIENT TO CONTACT EMERGENCY SERVICES AT THE PUSH OF A BUTTON, WHICH IS WORN AS A BRACELET OR PENDANT. VOLUNTEER SUPPORT SERVICES - RECRUITMENT, TRAINING AND COORDINATION SERVICES FOR PERSONS INTERESTED IN GIVING OF THEIR TIME AND TALENT BY SUPPORTING ANY OF THE SERVICES ABOVE. COMMUNITY WELLNESS: COMMUNITY CLINIC AND OUTREACH INCLUDING AN INTENSIVE FLU IMMUNIZATION OUTREACH PROGRAM, WORKSITE HEALTH SCREENING CLINICS, HEALTH EDUCATION SERVICES AND IMMUNIZATIONS SUCH AS SHINGLES, PNEUMONIA, ETC. SERVICES ARE PROVIDED BY IVNA STAFF. FLU IMMUNIZATION PROGRAMS AND TB SCREENING CLINICS
Financial Overview(Tax Years 2019–2024)
5 records
Over the past 5 years, IVNA Health Services's revenue has declined from $387K to $337, a 99.9% decrease. Program expenses represent 92% of total spending.
Revenue decreased 99.9% year-over-year, while expenses declined 37.6%. net assets rose to $5.5M, up 12.2% from the prior year. the organization reduced headcount by 20 employees.
IVNA Health Services derives 100% from program services.
IVNA Health Services allocates 92% to programs, 8% to management and general.
Revenue declined by 99.9% and expenses declined by 37.6% year over year.
Over 5 filings from 2019–2024, IVNA Health Services declined revenue from $387K to $337 (-99.9%) while maintaining a program expense ratio of 92%. During this period, the organization reduced from 52 to 15 employees.
IVNA Health Services holds $5.7M in total assets against $187K in liabilities (debt-to-asset ratio of 3%). The organization has 79.1 months of operating reserves. Cash and equivalents of $102K cover approximately 1.5 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $337 | $0 | $0 | $337 | $0 |
| 2023 | $277K | $164K | $0 | $34K | $0 |
| 2021 | $412K | $0 | $0 | $388K | $131 |
| 2020 | $677K | $9K | $0 | $472K | $680 |
| 2019 | $387K | $8K | $8K | $314K | $5K |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $837K | $767K | $70K | $0 | $0 |
| 2023 | $1.3M | $1.3M | $84K | $0 | $0 |
| 2021 | $812K | $770K | $42K | $0 | $0 |
| 2020 | $1.6M | $1.5M | $129K | $0 | $0 |
| 2019 | $1.4M | $1.3M | $116K | $0 | $0 |
Program Expense Ratio
91.7%
Admin Expense Ratio
8.3%
Fundraising Efficiency
—
Operating Reserve
79.1 mo
People & Compensation(Tax Year 2024)
10 records
IVNA Health Services reported compensation for 10 officers and key employees. Total officer compensation was $5.4M, representing 644.7% of total expenses. 4 individuals received total compensation exceeding $500,000.
IVNA Health Services's highest-compensated individual received $1.4M in total compensation. Total officer compensation of $5.4M represents 644.7% of total expenses. 1 individual received total compensation exceeding $1,000,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| Michael Lutes | President/CEO - Richmond | Officer | 0.50 | $0 | $1,113,136 | $1,433,183 |
| Brian Yanofchick | Board Member, Chief Sponsorship Officer | Director | 0.50 | $0 | $716,610 | $739,855 |
| Haroon Hyder MD | Board Member, Physician | Director | 0.50 | $0 | $570,299 | $623,881 |
| BRENDA WOODCOCK | Secretary/Treasurer; President, SMC and SVMC | OfficerDirector | 0.50 | $0 | $477,857 | $523,948 |
| Paul Smith | Former Interim President - Richmond | Former | — | $0 | $481,031 | $482,020 |
| Leanne Yanni MD | Board Member, CMO - Richmond | Director | 0.50 | $0 | $440,790 | $452,798 |
| Melanie Green | Former Chairman, VP Higher Education | Former | — | $0 | $402,566 | $435,368 |
| RYAN STUHLREYER | President/Chair-IVNA | OfficerDirector | 0.50 | $0 | $243,751 | $270,662 |
| ANDREW BURRICHTER | Board Member, VP Mission | Director | 0.50 | $0 | $211,604 | $221,744 |
| DEE SAWYER | Former Secretary/Treasurer, Director Home Care & Hospice | Former | — | $0 | $182,523 | $209,572 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
RYAN STUHLREYER
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
BRENDA WOODCOCK
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Leanne Yanni MD
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Brian Yanofchick
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
ANDREW BURRICHTER
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Haroon Hyder MD
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Melanie Green
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Paul Smith
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
DEE SAWYER
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Michael Lutes
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Governance & Compliance(Tax Year 2024)
IVNA Health Services has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 6 members, 0 of whom are independent.
IVNA Health Services's financial statements are audited, an audit committee oversees the process.
Policies & Oversight
Audit & Financial Oversight
Filing History(Tax Years 2014–2024)
5 records
Showing the 5 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $337 | $837K | $5.5M |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $277K | $1.3M | $4.9M |
| 2021 | 990 | 2021-09-01 – 2021-12-31 | $412K | $812K | $7.4M |
| 2020 | 990 | 2020-09-01 – 2021-08-31 | $677K | $1.6M | $6.9M |
| 2019 | 990 | 2019-09-01 – 2020-08-31 | $387K | $1.4M | $4.7M |
| 2014–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does IVNA Health Services do?
IVNA HEALTH SERVICES PROVIDES SERVICES TO UNDERINSURED AND UNINSURED PERSONS THROUGHOUT THE GREATER RICHMOND AREA.
How much revenue does IVNA Health Services have?
IVNA Health Services reported $337 in total revenue for tax year 2024, down 99.9% from the prior year.
Who is the highest-paid executive at IVNA Health Services?
Michael Lutes, President/CEO - Richmond, received $1,433,183 in total compensation as of tax year 2024.
Is IVNA Health Services a 501(c)(3)?
Yes, IVNA Health Services is classified as a 501(c)(3) tax-exempt organization.
Where is IVNA Health Services located?
IVNA Health Services is headquartered in Richmond, VA 23230.
How many employees does IVNA Health Services have?
IVNA Health Services has 15 employees as of tax year 2024.
What type of nonprofit is IVNA Health Services?
IVNA Health Services is classified under NTEE code E92 (Home Health Care), within the Healthcare category. It is a 501(c)(3) tax-exempt organization.
Is IVNA Health Services audited?
Yes, IVNA Health Services's financial statements are audited, and the organization has an audit committee.
Data Source
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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