Council On Aging Of Greater Nashville
EIN: 621867122 · Nashville, TN · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $865K |
| Total Expenses | $654K |
| Net Assets | $334K |
Is Council On Aging Of Greater Nashville Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Council On Aging Of Greater Nashville
Council On Aging Of Greater Nashville (EIN: 621867122) is a nonprofit organization based in Nashville, TN, classified under NTEE code P99. The organization reported total revenue of $865K and total assets of $433K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Council On Aging Of Greater Nashville's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Council On Aging Of Greater Nashville is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $666K |
| Total Expenses | $654K |
| Surplus / Deficit | +$12K |
| Total Assets | $402K |
| Total Liabilities | $68K |
| Net Assets | $334K |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 17.0% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Council On Aging Of Greater Nashville reported a surplus of $12K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 17.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Council On Aging Of Greater Nashville's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.7% | +22.5% | -11.7% |
| 2022 | -12.2% | -5.2% | +32.3% |
| 2021 | -1.4% | +2.7% | -3.9% |
| 2020 | +39.2% | +17.0% | +72.4% |
| 2019 | +22.7% | +10.1% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Council On Aging Of Greater Nashville has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Council On Aging Of Greater Nashville with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.0%.
Frequently Asked Questions about Council On Aging Of Greater Nashville
Is Council On Aging Of Greater Nashville a legitimate charity?
Council On Aging Of Greater Nashville (EIN: 621867122) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $865K. No red flags identified. Financial health grade: A.
How does Council On Aging Of Greater Nashville spend its money?
Council On Aging Of Greater Nashville reported $865K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Council On Aging Of Greater Nashville tax-deductible?
Council On Aging Of Greater Nashville is registered as a tax-exempt nonprofit (EIN: 621867122). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Council On Aging Of Greater Nashville located?
Council On Aging Of Greater Nashville is headquartered in Nashville, Tennessee and files with the IRS under EIN 621867122. It is classified under NTEE code P99.
How many years of IRS 990 filings does Council On Aging Of Greater Nashville have?
Council On Aging Of Greater Nashville 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 $865K in total revenue.
Filing History
IRS 990 filing history for Council On Aging Of Greater Nashville showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Council On Aging Of Greater Nashville's revenue has grown by 313.5%, moving from $161K to $666K. Total assets increased by 408.1% over the same period, from $79K to $402K. Total functional expenses rose by 287.5%, from $169K to $654K. In its most recent filing year (2023), Council On Aging Of Greater Nashville reported a surplus of $12K, with revenue exceeding expenses. The organization holds $68K in liabilities against $402K in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $334K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $666K | $654K | $402K | $68K | — | — |
| 2022 | $534K | $534K | $455K | $134K | — | — |
| 2021 | $608K | $563K | $344K | $23K | — | View 990 |
| 2020 | $616K | $548K | $358K | $82K | — | — |
| 2019 | $443K | $469K | $208K | $68K | — | View 990 |
| 2018 | $361K | $426K | $186K | $20K | — | View 990 |
| 2017 | $471K | $493K | $232K | $880 | — | View 990 |
| 2016 | $359K | $352K | $254K | $2K | — | View 990 |
| 2015 | $268K | $276K | $248K | $2K | — | View 990 |
| 2014 | $317K | $204K | $255K | $2K | — | View 990 |
| 2013 | $240K | $231K | $149K | $8K | — | View 990 |
| 2012 | $239K | $186K | $133K | $984 | — | View 990 |
| 2011 | $161K | $169K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $666K, expenses of $654K, and assets of $402K (revenue +24.7% year-over-year).
- 2022: Revenue of $534K, expenses of $534K, and assets of $455K (revenue -12.2% year-over-year).
- 2021: Revenue of $608K, expenses of $563K, and assets of $344K (revenue -1.4% year-over-year).
- 2020: Revenue of $616K, expenses of $548K, and assets of $358K (revenue +39.2% year-over-year).
- 2019: Revenue of $443K, expenses of $469K, and assets of $208K (revenue +22.7% year-over-year).
- 2018: Revenue of $361K, expenses of $426K, and assets of $186K (revenue -23.4% year-over-year).
- 2017: Revenue of $471K, expenses of $493K, and assets of $232K (revenue +31.3% year-over-year).
- 2016: Revenue of $359K, expenses of $352K, and assets of $254K (revenue +33.9% year-over-year).
- 2015: Revenue of $268K, expenses of $276K, and assets of $248K (revenue -15.3% year-over-year).
- 2014: Revenue of $317K, expenses of $204K, and assets of $255K (revenue +31.9% year-over-year).
- 2013: Revenue of $240K, expenses of $231K, and assets of $149K (revenue +0.4% year-over-year).
- 2012: Revenue of $239K, expenses of $186K, and assets of $133K (revenue +48.3% year-over-year).
- 2011: Revenue of $161K, expenses of $169K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Council On Aging Of Greater Nashville:
Data Sources and Methodology
This transparency report for Council On Aging Of Greater Nashville 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.