Find Aid For The Aged Inc
Find Aid For The Aged Inc consistently grows assets with no reported officer compensation.
EIN: 132666921 · New Yok, NY · NTEE: P810 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $6.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $23.9M |
| Transparency Score | 85/100 |
Is Find Aid For The Aged Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Find Aid For The Aged Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Find Aid For The Aged Inc
Find Aid For The Aged Inc (EIN: 132666921) is a nonprofit organization based in New Yok, NY, classified under NTEE code P810. The organization reported total revenue of $6.8M and total assets of $27.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Find Aid For The Aged Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Find Aid For The Aged Inc is a mid-size nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.4M |
| Total Expenses | $6.2M |
| Surplus / Deficit | +$288K |
| Total Assets | $27.8M |
| Total Liabilities | $3.9M |
| Net Assets | $23.9M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 54.1 months |
Financial Health Grade: A
In 2023, Find Aid For The Aged Inc reported a surplus of $288K with revenue exceeding expenses, holds 54.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Find Aid For The Aged Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.4% | +1.9% | +2.9% |
| 2022 | +63.2% | +19.8% | +20.6% |
| 2021 | -67.0% | -3.0% | +7.3% |
| 2020 | +199.5% | -1.5% | +189.0% |
| 2019 | +16.1% | -2.2% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
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 Find Aid For The Aged Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Find Aid For The Aged 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 $288K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $6 million and assets over $27 million. This suggests either a fully volunteer-led executive team or that compensation is structured in a way that is not reported under 'officer compensation' on the 990, warranting further investigation for complete transparency.
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 Find Aid For The Aged Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could indicate incomplete compensation disclosure or an unsustainable reliance on unpaid leadership.
Strengths
The following positive indicators were identified for Find Aid For The Aged Inc:
- Strong and consistent asset growth, increasing from $4.3 million in 2014 to $27.7 million in 2023, indicating robust financial management.
- Generally operates with an operational surplus, with revenues consistently exceeding expenses (e.g., $6.4M revenue vs. $6.1M expenses in 2023), contributing to financial stability.
- Healthy liability-to-asset ratio, with liabilities at approximately 14% of assets in 2023 ($3.8M liabilities / $27.7M assets), indicating low financial risk.
Frequently Asked Questions about Find Aid For The Aged Inc
Is Find Aid For The Aged Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Find Aid For The Aged Inc (EIN: 132666921) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Find Aid For The Aged Inc spend its money?
Find Aid For The Aged Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Find Aid For The Aged Inc tax-deductible?
Find Aid For The Aged Inc is registered as a tax-exempt nonprofit (EIN: 132666921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Find Aid For The Aged Inc CEO make?
Find Aid For The Aged Inc's highest-compensated officer earns $6 annually. The organization reported $6.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Find Aid For The Aged Inc's spending goes to programs?
Find Aid For The Aged Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Find Aid For The Aged Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Find Aid For The Aged Inc is above average for NTEE category P810 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Find Aid For The Aged Inc located?
Find Aid For The Aged Inc is headquartered in New Yok, New York and files with the IRS under EIN 132666921. It is classified under NTEE code P810.
How many years of IRS 990 filings does Find Aid For The Aged Inc have?
Find Aid For The Aged Inc 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 $6.8M in total revenue.
How does Find Aid For The Aged Inc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It suggests either a fully volunteer executive leadership or that compensation is categorized differently on the IRS Form 990, which would require further clarification from the organization to understand their full compensation practices.
What caused the significant revenue spike in 2020 to nearly $18 million?
In 2020, the organization reported revenue of $17,960,758, a substantial increase from $5,997,388 in 2019 and $5,931,785 in 2021. This spike warrants further investigation to understand its source, such as a large one-time grant, a major fundraising campaign, or an unusual investment gain, and whether it was a sustainable or anomalous event.
What is the organization's strategy for managing its growing asset base?
Find Aid For The Aged Inc has significantly grown its assets from $4,361,206 in 2014 to $27,764,761 in 2023. Understanding their investment strategy and how these accumulated assets are utilized to further their mission would provide insight into their long-term financial planning and impact.
Filing History
IRS 990 filing history for Find Aid For The Aged Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Find Aid For The Aged Inc's revenue has grown by 63.9%, moving from $3.9M to $6.4M. Total assets increased by 683.9% over the same period, from $3.5M to $27.8M. Total functional expenses rose by 82%, from $3.4M to $6.2M. In its most recent filing year (2023), Find Aid For The Aged Inc reported a surplus of $288K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $27.8M in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $23.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $6.2M | $27.8M | $3.9M | — | — |
| 2022 | $9.7M | $6.0M | $27.0M | $3.8M | — | View 990 |
| 2021 | $5.9M | $5.0M | $22.4M | $2.4M | — | View 990 |
| 2020 | $18.0M | $5.2M | $20.8M | $2.0M | — | View 990 |
| 2019 | $6.0M | $5.3M | $7.2M | $1.4M | — | View 990 |
| 2018 | $5.2M | $5.4M | $6.2M | $1.4M | — | View 990 |
| 2017 | $5.0M | $4.8M | $6.2M | $1.1M | — | — |
| 2016 | $6.0M | $4.6M | $5.9M | $1.1M | — | View 990 |
| 2015 | $4.4M | $4.4M | $4.3M | $956K | — | View 990 |
| 2014 | $4.5M | $4.2M | $4.4M | $853K | — | View 990 |
| 2013 | $4.0M | $3.9M | $4.1M | $812K | — | View 990 |
| 2012 | $3.9M | $3.7M | $3.9M | $815K | — | View 990 |
| 2011 | $3.9M | $3.4M | $3.5M | $717K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $6.2M, and assets of $27.8M (revenue -33.4% year-over-year).
- 2022: Revenue of $9.7M, expenses of $6.0M, and assets of $27.0M (revenue +63.2% year-over-year).
- 2021: Revenue of $5.9M, expenses of $5.0M, and assets of $22.4M (revenue -67.0% year-over-year).
- 2020: Revenue of $18.0M, expenses of $5.2M, and assets of $20.8M (revenue +199.5% year-over-year).
- 2019: Revenue of $6.0M, expenses of $5.3M, and assets of $7.2M (revenue +16.1% year-over-year).
- 2018: Revenue of $5.2M, expenses of $5.4M, and assets of $6.2M (revenue +3.8% year-over-year).
- 2017: Revenue of $5.0M, expenses of $4.8M, and assets of $6.2M (revenue -16.6% year-over-year).
- 2016: Revenue of $6.0M, expenses of $4.6M, and assets of $5.9M (revenue +37.0% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.4M, and assets of $4.3M (revenue -3.1% year-over-year).
- 2014: Revenue of $4.5M, expenses of $4.2M, and assets of $4.4M (revenue +12.4% year-over-year).
- 2013: Revenue of $4.0M, expenses of $3.9M, and assets of $4.1M (revenue +3.5% year-over-year).
- 2012: Revenue of $3.9M, expenses of $3.7M, and assets of $3.9M (revenue -1.8% year-over-year).
- 2011: Revenue of $3.9M, expenses of $3.4M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Find Aid For The Aged Inc:
Data Sources and Methodology
This transparency report for Find Aid For The Aged 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.