Is Montgomery County Office For The Aging…

Quick charity verification for Montgomery County Office For The Aging Inc (EIN: 141792216)

Strengths

Strong program spending, with a very high percentage of expenses likely directed to direct services given the 0% officer compensation.
Consistent revenue growth, from $1.46M in 2015 to $2.18M in 2024, indicating stable and increasing support.
Healthy and growing asset base, increasing from $995,844 in 2015 to $1,742,551 in 2024, demonstrating financial stability.
Low liabilities relative to assets, indicating a strong balance sheet and fiscal prudence.
Consistent operational efficiency, with expenses generally tracking revenue and no significant deficits over the past decade.

Spending Breakdown

How Montgomery County Office For The Aging Inc allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Montgomery County Office For The Aging Inc

Is Montgomery County Office For The Aging Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Montgomery County Office For The Aging Inc (EIN: 141792216) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Montgomery County Office For The Aging Inc a good charity to donate to?

Montgomery County Office For The Aging Inc has a Mission Score of 95/100. Revenue: $2.4M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Montgomery County Office For The Aging Inc?

The Employer Identification Number (EIN) for Montgomery County Office For The Aging Inc is 141792216. 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 Montgomery County Office For The Aging Inc spend its money?

Montgomery County Office For The Aging Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Montgomery County Office For The Aging Inc's tax-exempt status?

You can verify Montgomery County Office For The Aging Inc's tax-exempt status using EIN 141792216 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

Montgomery County Office For The Aging Inc demonstrates consistent financial stability and a strong commitment to its program services. Over the past decade, the organization has shown steady growth in both revenue and assets, with revenue increasing from $1,458,463 in 2015 to $2,177,680 in 2024. Expenses have generally tracked revenue, indicating responsible spending. The organization consistently reports 0% officer compensation, which is a significant indicator of financial efficiency and a focus on mission over executive pay. Their asset base has also grown substantially, from $995,844 in 2015 to $1,742,551 in 2024, suggesting prudent financial management and accumulation of resources to support future operations.

The organization's financial health appears robust, with a healthy ratio of assets to liabilities. For example, in 2024, assets were $1,742,551 against liabilities of $512,315. This strong financial position, combined with consistent program spending, suggests effective stewardship of resources. The absence of reported officer compensation further enhances their transparency and efficiency profile, indicating that a very high proportion of funds are directed towards their charitable purpose.

Is Montgomery County Office For The Aging Inc Legit?

Verdict: Montgomery County Office For The Aging Inc appears trustworthy

Red Flags