Elder Life Management Inc
Elder Life Management Inc: Declining Revenues and Negative Net Income Raise Concerns
EIN: 222854545 · Ocean, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $479K |
| Program Spending | 70% |
| Net Assets | $236K |
| Transparency Score | 45/100 |
Search Intent Cockpit
Elder Life Management Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Elder Life Management Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Elder Life Management Inc in one place.
Form 990 Filing Summary
4 filing years are available, with latest revenue of $453K and expenses of $479K.
Revenue and Expenses
Elder Life Management Inc reported $453K in revenue and $479K in expenses, a deficit of $26K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
45/100 mission score, 3 red flags, and 1 strength are shown from structured and AI review.
Is Elder Life Management Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $335K (70%) |
Across stored filings, Elder Life Management Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 3 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 4 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Dance For The Cure Inc →All New Jersey nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Ocean, NJ nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Merck Patient Assistance Program Inc
Rahway, NJ · $1.9B revenue · Score 98/100
Compare side-by-sideMedical Dosimetrist Certification Board
Mount Laurel, NJ · $4.3M revenue · Score 92/100
Compare side-by-sideAtlantic Cape Family Support Organization Inc
Northfield, NJ · $1.1M revenue · Score 92/100
Compare side-by-sideJanet H And C Harry Knowles Foundation Inc
Moorestown, NJ · $29.4M revenue · Score 90/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Elder Life Management Inc with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
Elder Life Management Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Elder Life Management Inc
Elder Life Management Inc (EIN: 222854545) is a nonprofit organization based in Ocean, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elder Life Management Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elder Life Management Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -13.5%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $453K |
| Total Expenses | $479K |
| Surplus / Deficit | $-26,350 |
| Total Assets | $270K |
| Total Liabilities | $34K |
| Net Assets | $236K |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 6.8 months |
Financial Health Grade: B
In 2014, Elder Life Management Inc reported a deficit of $26K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Elder Life Management Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -22.5% | -35.0% | -17.4% |
| 2013 | -32.1% | -11.5% | -31.9% |
| 2012 | +22.9% | +6.8% | -11.6% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elder Life Management Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Elder Life Management Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.8%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data.
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 Elder Life Management Inc's IRS 990 filings:
- Consistent negative net income across all reported years, indicating financial instability.
- Significant decline in revenue by over 47% from 2012 to 2014.
- Liabilities of $34,493 in 2014 against assets of $270,198, showing a concerning debt-to-asset ratio.
Strengths
The following positive indicators were identified for Elder Life Management Inc:
- None apparent from the provided financial data.
Frequently Asked Questions about Elder Life Management Inc
Is Elder Life Management Inc a legitimate charity?
Elder Life Management Inc (EIN: 222854545) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 45/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Elder Life Management Inc spend its money?
Elder Life Management Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Elder Life Management Inc tax-deductible?
Elder Life Management Inc is registered as a tax-exempt nonprofit (EIN: 222854545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Elder Life Management Inc's spending goes to programs?
Elder Life Management Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Elder Life Management Inc located?
Elder Life Management Inc is headquartered in Ocean, New Jersey and files with the IRS under EIN 222854545.
How many years of IRS 990 filings does Elder Life Management Inc have?
Elder Life Management Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What does Elder Life Management Inc do?
Elder Life Management Inc is a nonprofit organization in the Unknown sector, located in Ocean, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Elder Life Management Inc have?
Elder Life Management Inc reported total revenue of N/A. Based on 4 IRS 990 filings on record.
What are Elder Life Management Inc's total assets?
Elder Life Management Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Elder Life Management Inc located?
Elder Life Management Inc is based in Ocean, New Jersey.
What is Elder Life Management Inc's EIN?
Elder Life Management Inc's Employer Identification Number (EIN) is 222854545. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Elder Life Management Inc?
Elder Life Management Inc is classified under NTEE code Unknown (Unknown).
Is Elder Life Management Inc a registered 501(c)(3)?
Elder Life Management Inc appears in IRS records (EIN: 222854545). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Elder Life Management Inc file IRS Form 990?
Yes, Elder Life Management Inc has 4 IRS Form 990 filings on record. The most recent covers tax period 201412.
What was Elder Life Management Inc's revenue in 2014?
In the 201412 filing period, Elder Life Management Inc reported total revenue of $452,852, total expenses of $479,202, and net assets of $270,198.
Is Elder Life Management Inc's revenue growing or declining?
Elder Life Management Inc's revenue is declining. Revenue went from $584,234 (201312) to $452,852 (201412), a -22.5% change. Based on 4 filings on record.
What is Elder Life Management Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Elder Life Management Inc covers tax period 201412. It shows revenue of $452,852, expenses of $479,202, total assets of $270,198, and liabilities of $34,493.
How much does Elder Life Management Inc spend on programs vs administration?
Based on IRS 990 analysis, Elder Life Management Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Elder Life Management Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Elder Life Management Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 1 strength noted.
What are the red flags for Elder Life Management Inc?
The following concerns were identified: Consistent negative net income across all reported years, indicating financial instability.. Significant decline in revenue by over 47% from 2012 to 2014.. Liabilities of $34,493 in 2014 against assets of $270,198, showing a concerning debt-to-asset ratio.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Elder Life Management Inc's strengths?
Positive indicators for Elder Life Management Inc include: None apparent from the provided financial data.. These findings are derived from AI analysis of the organization's financial filings.
How does Elder Life Management Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the long-term sustainability plan given the consistent decline in revenue and negative net income?
The provided data does not offer insights into the organization's strategic plans to address the persistent financial challenges, such as revenue diversification or expense reduction initiatives.
Filing History
IRS 990 filing history for Elder Life Management Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Elder Life Management Inc's revenue has declined by 35.3%, moving from $700K to $453K. Total assets decreased by 50.2% over the same period, from $543K to $270K. Total functional expenses fell by 38.5%, from $779K to $479K. In its most recent filing year (2014), Elder Life Management Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $34K in liabilities against $270K in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $236K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $453K | $479K | $270K | $34K | — | View 990 |
| 2013 | $584K | $737K | $327K | $65K | — | View 990 |
| 2012 | $860K | $832K | $480K | $65K | — | View 990 |
| 2011 | $700K | $779K | $543K | $156K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $453K, expenses of $479K, and assets of $270K (revenue -22.5% year-over-year).
- 2013: Revenue of $584K, expenses of $737K, and assets of $327K (revenue -32.1% year-over-year).
- 2012: Revenue of $860K, expenses of $832K, and assets of $480K (revenue +22.9% year-over-year).
- 2011: Revenue of $700K, expenses of $779K, and assets of $543K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elder Life Management Inc:
Data Sources and Methodology
This transparency report for Elder Life Management 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.