Age Well Forsyth Inc
Age Well Forsyth Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 208235119 · Cumming, GA · NTEE: P99 · Updated: 2026-03-28
Is Age Well Forsyth Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Age Well Forsyth Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Age Well Forsyth Inc
Age Well Forsyth Inc (EIN: 208235119) is a nonprofit organization based in Cumming, GA, classified under NTEE code P99. The organization reported total revenue of $141K and total assets of $236K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Age Well Forsyth Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Age Well Forsyth Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $130K |
| Surplus / Deficit | +$40K |
| Total Assets | $216K |
| Net Assets | $216K |
| Operating Margin | 23.4% |
| Months of Reserves | 20.0 months |
Financial Health Grade: A
In 2023, Age Well Forsyth Inc reported a surplus of $40K with revenue exceeding expenses, holds 20.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Age Well Forsyth Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.6% | +3.2% | +22.4% |
| 2022 | +78.8% | +140.0% | +0.0% |
| 2021 | +27.4% | -1.9% | +11.3% |
| 2020 | -25.9% | -28.1% | +1.2% |
| 2019 | -23.6% | +20.5% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Age Well Forsyth Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Age Well Forsyth Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
Executive Compensation Analysis
Age Well Forsyth Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size and suggests a volunteer-driven leadership model.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Age Well Forsyth Inc:
- Consistent revenue growth, from $55,241 in 2020 to $169,436 in 2023.
- Strong asset accumulation, reaching $216,397 in 2023 with minimal liabilities.
- 0% officer compensation reported across all filings, indicating high dedication to mission.
- Excellent financial health with expenses consistently well below revenue.
- Consistent filing history (13 filings) demonstrating transparency.
Frequently Asked Questions about Age Well Forsyth Inc
Is Age Well Forsyth Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Age Well Forsyth Inc (EIN: 208235119) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Age Well Forsyth Inc spend its money?
Age Well Forsyth Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Age Well Forsyth Inc tax-deductible?
Age Well Forsyth Inc is registered as a tax-exempt nonprofit (EIN: 208235119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Age Well Forsyth Inc a good charity?
Based on its financial data, Age Well Forsyth Inc appears to be a very good charity. It demonstrates strong financial health, efficient spending, and a clear dedication to its mission, as evidenced by consistent revenue growth, asset accumulation, and 0% officer compensation.
How has Age Well Forsyth Inc's revenue changed over time?
Age Well Forsyth Inc has shown significant revenue growth, increasing from $55,241 in 2020 to $169,436 in 2023, indicating growing support and capacity.
What is Age Well Forsyth Inc's financial stability?
The organization exhibits strong financial stability, with assets growing from $158,844 in 2020 to $216,397 in 2023, and consistently reporting $0 in liabilities in recent years, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Age Well Forsyth Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Age Well Forsyth Inc's revenue has grown by 3.5%, moving from $164K to $169K. Total assets increased by 160.4% over the same period, from $83K to $216K. Total functional expenses rose by 1.1%, from $128K to $130K. In its most recent filing year (2023), Age Well Forsyth Inc reported a surplus of $40K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $169K | $130K | $216K | $0 | — | — |
| 2022 | $126K | $126K | $177K | $0 | — | View 990 |
| 2021 | $70K | $52K | $177K | $0 | — | View 990 |
| 2020 | $55K | $53K | $159K | $0 | — | — |
| 2019 | $75K | $74K | $157K | $0 | — | View 990 |
| 2018 | $98K | $62K | $158K | $747 | — | View 990 |
| 2017 | $66K | $67K | $122K | $676 | — | — |
| 2016 | $102K | $83K | $122K | $611 | — | View 990 |
| 2015 | $92K | $70K | $104K | $702 | — | View 990 |
| 2014 | $59K | $43K | $86K | $5K | — | View 990 |
| 2013 | $84K | $71K | $71K | $6K | — | View 990 |
| 2012 | $64K | $80K | $57K | $5K | — | View 990 |
| 2011 | $164K | $128K | $83K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $169K, expenses of $130K, and assets of $216K (revenue +34.6% year-over-year).
- 2022: Revenue of $126K, expenses of $126K, and assets of $177K (revenue +78.8% year-over-year).
- 2021: Revenue of $70K, expenses of $52K, and assets of $177K (revenue +27.4% year-over-year).
- 2020: Revenue of $55K, expenses of $53K, and assets of $159K (revenue -25.9% year-over-year).
- 2019: Revenue of $75K, expenses of $74K, and assets of $157K (revenue -23.6% year-over-year).
- 2018: Revenue of $98K, expenses of $62K, and assets of $158K (revenue +47.3% year-over-year).
- 2017: Revenue of $66K, expenses of $67K, and assets of $122K (revenue -34.8% year-over-year).
- 2016: Revenue of $102K, expenses of $83K, and assets of $122K (revenue +10.3% year-over-year).
- 2015: Revenue of $92K, expenses of $70K, and assets of $104K (revenue +56.0% year-over-year).
- 2014: Revenue of $59K, expenses of $43K, and assets of $86K (revenue -29.5% year-over-year).
- 2013: Revenue of $84K, expenses of $71K, and assets of $71K (revenue +31.5% year-over-year).
- 2012: Revenue of $64K, expenses of $80K, and assets of $57K (revenue -61.1% year-over-year).
- 2011: Revenue of $164K, expenses of $128K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Age Well Forsyth Inc:
Data Sources and Methodology
This transparency report for Age Well Forsyth Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.