Advent Christian Village

The information on this page was last updated 1/22/2024. If you see errors or omissions, please email: [email protected]


Summary

ACV is a senior living community offering independent living, assisted living, skilled nursing care, home health, and rehab -- a full continuum of care in a beautiful setting. Along with serving senior adults, included in ACV's mission is a heart for families with special needs, and children. Advent Christian Village provides a variety of services, including help for grandparents raising their grandchildren, retreats for foster children, and leadership training, which helps develop high school juniors and seniors into strong leaders with integrity and confidence. Additionally, a licensed marriage and family therapist offers counseling to the Village community and beyond. ACV remains committed to meeting the needs of senior adults, families with special needs, and children.

Through the Benevolent Fund, each month approximately 300 Advent Christian Village members with limited resources are given assistance with the cost of basic necessities. They are also able to benefit from the full continuum of care available at ACV.


Contact information

Mailing address:
Advent Christian Village
P.O. Box 4345
Dowling Park, FL 32064

Website: acvillage.net

Phone: 1-800-647-3353

Email: [email protected]


Organization details

EIN: 590751905

CEO/President: Craig A. Carter

Chairman: Rolly Chambers

Board size: 17

Founder:

Ruling year: 1949

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

Through the years, we have been a leader in developing innovative solutions for retirement living and healthcare. Today, we remain dedicated to providing quality, comprehensive services with compassion. We offer a strong spirit of community where residents care for one another and independence is encouraged to live life fully, every day.


Mission statement

The mission of Advent Christian Village is to express Christ's love by providing compassionate care and quality comprehensive services for senior adults, families with special needs, and children in a secure, supportive residential setting and in the surrounding communities.


Statement of faith

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating929 of 110496 of 122
Fund acquisition rating517 of 110547 of 122
Resource allocation rating893 of 1105104 of 122
Asset utilization rating940 of 1104102 of 122

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%6%14%18%14%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%1%1%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%15%7%5%6%6%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%1%1%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%85%93%95%94%94%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%73%72%74%75%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%98%91%101%99%100%
Program output ratio Program output ratio =
Program services /
Total revenue
75%71%66%75%75%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%2%9%-1%1%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%1%5%-1%0%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%26%27%25%24%23%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.840.500.460.520.560.57
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.742.552.212.182.432.31
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.721.271.021.131.351.31
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.077.709.797.876.547.64
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.130.100.130.150.13
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.278.2310.559.277.527.94
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%15%15%24%21%23%
Debt ratio Debt ratio =
Debt /
Total assets
0%7%8%16%13%15%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
101%170%183%146%142%135%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$181,472$2,461,704$3,992,454$28,564($21,719)
Receivables, inventories, prepaids$4,389,362$4,359,717$5,316,440$5,841,698$4,636,652
Short-term investments$13,843,105$15,609,242$12,739,721$13,308,885$14,148,055
Other current assets$0$0$0$0$0
Total current assets$18,413,939$22,430,663$22,048,615$19,179,147$18,762,988
Long-term investments$5,361,241$2,688,873$1,581,706$2,251,846$1,793,837
Fixed assets$16,632,092$17,654,967$18,457,514$19,546,034$20,269,151
Other long-term assets$6,531,597$6,798,074$6,050,356$5,636,991$2,429,390
Total long-term assets$28,524,930$27,141,914$26,089,576$27,434,871$24,492,378
Total assets$46,938,869$49,572,577$48,138,191$46,614,018$43,255,366
 
Liabilities20222021202020192018
Payables and accrued expenses$2,051,476$1,810,224$2,018,681$2,629,011$2,314,141
Other current liabilities$339,833$481,522$784,551$303,621$141,919
Total current liabilities$2,391,309$2,291,746$2,803,232$2,932,632$2,456,060
Debt$3,144,661$3,993,582$7,566,631$5,837,880$6,398,934
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,681,883$1,368,279$1,352,184$1,041,953$1,007,811
Total long-term liabilities$4,826,544$5,361,861$8,918,815$6,879,833$7,406,745
Total liabilities$7,217,853$7,653,607$11,722,047$9,812,465$9,862,805
 
Net assets20222021202020192018
Without donor restrictions$30,672,153$31,483,589$27,868,352$28,187,497$28,601,502
With donor restrictions$9,048,863$10,435,381$8,547,792$8,614,056$4,791,059
Net assets$39,721,016$41,918,970$36,416,144$36,801,553$33,392,561
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$3,643,438$1,878,538$1,254,986$1,597,975$1,381,204
Program service revenue$18,836,009$18,807,174$22,549,384$24,031,276$22,466,112
Membership dues$0$0$0$0$0
Investment income$811,286$862,806$253,948$442,365$867,860
Other revenue$622,113$3,602,420$599,649$0$0
Total other revenue$20,269,408$23,272,400$23,402,981$24,473,641$23,333,972
Total revenue$23,912,846$25,150,938$24,657,967$26,071,616$24,715,176
 
Expenses20222021202020192018
Program services$16,955,046$16,519,849$18,384,244$19,478,103$18,676,195
Management and general$6,175,972$6,130,698$6,312,062$6,223,848$5,755,926
Fundraising$221,957$264,538$228,303$219,827$218,022
Total expenses$23,352,975$22,915,085$24,924,609$25,921,778$24,650,143
 
Change in net assets20222021202020192018
Surplus (deficit)$559,871$2,235,853($266,642)$149,838$65,033
Other changes in net assets$0$0$0$0$0
Total change in net assets$559,871$2,235,853($266,642)$149,838$65,033

Compensation

NameTitleCompensation
Dr Diane DodgenPhysician$223,643
Craig CarterPresidentceo$168,232
Keri HilliardVice President$141,607
James A SchenckVice President$137,852
Steven HettVice Presidentcfo$137,256
Lee Anne TadlockPharmacist$114,629

Compensation data as of: 6/30/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 1/22/2024. To update the information below, please email: [email protected]


History

Dowling Park was the fastest growing town in Florida in the early 1900s. It was built by affluent businessman Thomas Dowling who owned a lumber mill here. Dowling donated a parcel of the land to the Advent Christian denomination, and in 1913, Advent Christian Village was founded as a home for orphaned children and retired ministers and missionaries. Through the decades, the community developed and grew, adapting its methods to keep pace with the needs of a changing society. Yet it has remained true its mission, which is "to express Christ's love by providing compassionate care and quality comprehensive services" to those it serves. Today, Advent Christian Village (ACV) is a thriving community of nearly 800 members and 500 employees.

The 1,200-acre campus offers scenic landscapes along the Suwannee River within a hometown atmosphere. At ACV, neighbors care about each other. This unique community is enriched by members of all backgrounds, faiths and economic abilities. No entrance fees and reasonable rates make it a viable option for virtually anyone. Along with a full continuum of care, including independent living, assisted living and acclaimed skilled nursing care, ACV offers a range of rental options and even home ownership. Members may choose from an array of services, paying only for the ones they use. It is one of only 15% of communities accredited by CARF-CCAC, the nation's sole accreditor of retirement communities. This self-contained village has the benets of a city, complete with a wellness center, quality medical clinic, dining choices, pharmacy, grocery store and market center. There is plenty to do, with engaging activities and a variety of volunteer opportunities with nearly 40,000 volunteer hours performed annually.


Program accomplishments


Needs