Aging Services For Communities
Aging Services For Communities maintains stable revenue with no reported officer compensation, but recent liabilities warrant scrutiny.
EIN: 201939963 · Montgomery, MN · NTEE: P44 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $995K |
| Total Expenses | $768K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $994,519 |
| Net Assets | $493K |
| Transparency Score | 85/100 |
Is Aging Services For Communities Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aging Services For Communities directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aging Services For Communities
Aging Services For Communities (EIN: 201939963) is a nonprofit organization based in Montgomery, MN, classified under NTEE code P44. The organization reported total revenue of $995K and total assets of $558K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aging Services For Communities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aging Services For Communities is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $799K |
| Total Expenses | $768K |
| Surplus / Deficit | +$32K |
| Total Assets | $494K |
| Total Liabilities | $552 |
| Net Assets | $493K |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Aging Services For Communities reported a surplus of $32K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aging Services For Communities's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.2% | +8.7% | +7.0% |
| 2022 | +0.6% | +13.6% | -2.6% |
| 2021 | -7.6% | -2.3% | -4.3% |
| 2020 | -5.1% | -23.0% | +28.8% |
| 2019 | -9.7% | -0.7% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Aging Services For Communities with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Aging Services For Communities allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Aging Services For Communities consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size (latest revenue $994,519).
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.
Red Flags
The following concerns were identified during AI analysis of Aging Services For Communities's IRS 990 filings:
- Sudden appearance of $552,000 in liabilities in the 202312 filing after years of reporting $0 liabilities.
Strengths
The following positive indicators were identified for Aging Services For Communities:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship regarding executive pay.
- Stable revenue generation, consistently in the high six-figure range, demonstrating operational sustainability.
- Positive net assets growth over the long term, from $204,855 in 201512 to $493,559 in 202312 (excluding the impact of recent liabilities).
Frequently Asked Questions about Aging Services For Communities
Is Aging Services For Communities a legitimate charity?
Based on AI analysis of IRS 990 filings, Aging Services For Communities (EIN: 201939963) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Aging Services For Communities spend its money?
Aging Services For Communities directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aging Services For Communities tax-deductible?
Aging Services For Communities is registered as a tax-exempt nonprofit (EIN: 201939963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aging Services For Communities CEO make?
Aging Services For Communities's highest-compensated officer earns $994,519 annually. The organization reported $995K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aging Services For Communities's spending goes to programs?
Aging Services For Communities directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aging Services For Communities compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Aging Services For Communities is above average for NTEE category P44 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aging Services For Communities located?
Aging Services For Communities is headquartered in Montgomery, Minnesota and files with the IRS under EIN 201939963. It is classified under NTEE code P44.
How many years of IRS 990 filings does Aging Services For Communities have?
Aging Services For Communities has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $995K in total revenue.
What is the nature and purpose of the $552,000 in liabilities reported in the 202312 filing, given previous filings showed $0 in liabilities?
The sudden appearance of significant liabilities in the latest filing is a key area for further investigation to understand its impact on the organization's financial stability and future operations.
How does Aging Services For Communities manage its operations without any reported officer compensation?
The consistent reporting of 0% officer compensation suggests a unique operational model, possibly relying heavily on volunteer leadership or a different compensation structure not captured under 'officer compensation'.
What are the specific program activities and their associated costs for Aging Services For Communities?
Understanding the detailed breakdown of program expenses would provide greater insight into the direct impact of the organization's spending on its mission to serve the elderly.
Filing History
IRS 990 filing history for Aging Services For Communities showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aging Services For Communities's revenue has grown by 21.5%, moving from $658K to $799K. Total assets increased by 321.8% over the same period, from $117K to $494K. Total functional expenses rose by 14.2%, from $672K to $768K. In its most recent filing year (2023), Aging Services For Communities reported a surplus of $32K, with revenue exceeding expenses. The organization holds $552 in liabilities against $494K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $493K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $799K | $768K | $494K | $552 | — | — |
| 2022 | $694K | $706K | $461K | $0 | — | View 990 |
| 2021 | $690K | $622K | $474K | $0 | — | — |
| 2020 | $747K | $636K | $495K | $0 | — | View 990 |
| 2019 | $787K | $826K | $384K | $0 | — | View 990 |
| 2018 | $871K | $832K | $424K | $0 | — | View 990 |
| 2017 | $966K | $914K | $355K | $0 | — | View 990 |
| 2016 | $857K | $837K | $244K | $0 | — | View 990 |
| 2015 | $895K | $821K | $205K | $0 | — | View 990 |
| 2014 | $850K | $866K | $230K | $0 | — | View 990 |
| 2013 | $807K | $780K | $131K | $17K | — | View 990 |
| 2012 | $662K | $681K | $99K | $12K | — | View 990 |
| 2011 | $658K | $672K | $117K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $799K, expenses of $768K, and assets of $494K (revenue +15.2% year-over-year).
- 2022: Revenue of $694K, expenses of $706K, and assets of $461K (revenue +0.6% year-over-year).
- 2021: Revenue of $690K, expenses of $622K, and assets of $474K (revenue -7.6% year-over-year).
- 2020: Revenue of $747K, expenses of $636K, and assets of $495K (revenue -5.1% year-over-year).
- 2019: Revenue of $787K, expenses of $826K, and assets of $384K (revenue -9.7% year-over-year).
- 2018: Revenue of $871K, expenses of $832K, and assets of $424K (revenue -9.8% year-over-year).
- 2017: Revenue of $966K, expenses of $914K, and assets of $355K (revenue +12.6% year-over-year).
- 2016: Revenue of $857K, expenses of $837K, and assets of $244K (revenue -4.2% year-over-year).
- 2015: Revenue of $895K, expenses of $821K, and assets of $205K (revenue +5.2% year-over-year).
- 2014: Revenue of $850K, expenses of $866K, and assets of $230K (revenue +5.4% year-over-year).
- 2013: Revenue of $807K, expenses of $780K, and assets of $131K (revenue +21.9% year-over-year).
- 2012: Revenue of $662K, expenses of $681K, and assets of $99K (revenue +0.6% year-over-year).
- 2011: Revenue of $658K, expenses of $672K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aging Services For Communities:
Data Sources and Methodology
This transparency report for Aging Services For Communities 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.