Quick charity verification for Aging In America Inc (EIN: 136126508)
Verdict: Aging In America Inc appears trustworthy
70/100Mission Score
$10.0MRevenue
$36.3MAssets
2Red Flags
4Strengths
Red Flags
Consistent operational deficits where expenses exceed revenue (e.g., 2023: $1,155,136 expenses vs. $760,006 revenue; 2022: $1,132,004 expenses vs. $209,267 revenue).
Significant fluctuations in annual revenue, making financial planning potentially challenging (e.g., $209,267 in 2022 vs. $1,992,327 in 2021).
Strengths
Strong asset base providing financial stability and reserves ($32,035,715 in 2023).
Zero reported officer compensation across all filings, indicating efficient use of funds and high transparency regarding executive pay.
Low liabilities relative to assets ($408,075 liabilities vs. $32,035,715 assets in 2023), indicating a healthy balance sheet.
Consistent filing of IRS Form 990s (13 filings), demonstrating a commitment to transparency and regulatory compliance.
Spending Breakdown
How Aging In America Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Aging In America Inc
Is Aging In America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aging In America Inc (EIN: 136126508) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Aging In America Inc a good charity to donate to?
Aging In America Inc has a Mission Score of 70/100. Revenue: $10.0M. Assets: $36.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aging In America Inc?
The Employer Identification Number (EIN) for Aging In America Inc is 136126508. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Aging In America Inc spend its money?
Aging In America Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aging In America Inc's tax-exempt status?
You can verify Aging In America Inc's tax-exempt status using EIN 136126508 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Aging In America Inc demonstrates a consistent operational history with 13 filings, indicating a commitment to regular financial reporting. However, a notable trend in recent years is that expenses have frequently exceeded revenue. For instance, in 2023, expenses were $1,155,136 against revenues of $760,006, and in 2022, expenses were $1,132,004 against revenues of $209,267. This suggests a reliance on prior year surpluses or asset drawdowns to cover operational costs, which could be a concern for long-term financial sustainability if not addressed. Despite this, the organization maintains substantial assets, reported at $32,035,715 in 2023, far exceeding its liabilities of $408,075, indicating a strong balance sheet.
The organization's NTEE code P81Z (Geriatric Health) suggests a focus on programs for the elderly. Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, it's challenging to fully assess spending efficiency. However, the consistent reporting and zero officer compensation reported across all available filings point to a high degree of transparency regarding executive pay, which is a positive indicator. The significant asset base provides a buffer, but the recurring operational deficits warrant closer examination of funding sources and expenditure management to ensure the organization can continue its mission effectively.