National Senior Communities
Legal name: Ashby Ponds Inc
Nonprofit profile at a glance
- EIN
- 205609803
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Ashburn, VA, USA
- Phone
- 7037231999
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $114,534,137
- Expenses
- $131,381,519
- Assets
- $710,885,111
- Liabilities
- $815,515,823
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- MONTY C LEONARD (CHAIR & PRESIDENT)
- TOM CHANNON (EXECUTIVE DIRECTOR)
Highest reported compensation
- SCOTT SAWICKI (ASSISTANT SECRETARY (BEG 4/1/24)): $344,732 total reported compensation
- TOM CHANNON (EXECUTIVE DIRECTOR): $269,078 total reported compensation
- DANA BRADSHAW (SALES COUNSELOR): $196,386 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our goal is simple: to improve the lives of seniors and those who support them, both within our communities and beyond, through strong governance, financial oversight, exceptional people experiences, advocacy, and continued growth. Advocacy is defined as the efforts and processes by which an organization utilizes its knowledge, expertise, and resources to raise awareness, secure expanding programs and resources, and create change in furtherance of its mission. Strategic Imperative: As one of the largest senior living organizations in the United States, NSC aspires to be a leading voice advocating for seniors and those who support them in furtherance of its mission. As one of the largest senior living organizations in the United States, NSC aspires to be a leading voice advocating for seniors and those who support them in furtherance of its mission. Growth.
What it reported doing in 2024
Ashby ponds provides services needed by senior residents, who reside in 1,583 independent living units, 56 assisted living units, 44 skilled nursing units, and 36 memory care units. The services we provide to our residents include, but are not limited to housing, food, medical, security and maintenance services, recreational and pastoral activities.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 79
- Accountability: 82
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.4%; rating input score 88
- Fundraising efficiency: $8.24 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 31st percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 92.2%; rating input score 92; 24th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 69.2%; rating input score 69; 20th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -14.7%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 5.41; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 1.15; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 1.1%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 11.2% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 9.7% per year; rating input score 100; 68th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 100% of revenue deployed · 88.4% of spending went to programs
- Governance: 9 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $116.1M in reported program spending
- Leadership: top reported pay $345K · 27 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $17.7M reported
- Consistency: 37 of 38 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 24 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.