Geriatric Services Inc
Geriatric Services Inc: Transparent Operations and Balanced Spending
EIN: 223148274 · Teaneck, NJ · NTEE: P75Z · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $3.9M |
| Program Spending | 55% |
| Net Assets | $5.6M |
| Transparency Score | 87/100 |
Is Geriatric Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Geriatric Services Inc directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Geriatric Services Inc
Geriatric Services Inc (EIN: 223148274) is a nonprofit organization based in Teaneck, NJ, classified under NTEE code P75Z. The organization reported total revenue of $4.5M and total assets of $19.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Geriatric Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Geriatric Services Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$208K |
| Total Assets | $19.9M |
| Total Liabilities | $14.3M |
| Net Assets | $5.6M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 71.7% |
| Months of Reserves | 60.8 months |
Financial Health Grade: A
In 2023, Geriatric Services Inc reported a surplus of $208K with revenue exceeding expenses, holds 60.8 months of operating reserves (strong position), has a debt-to-asset ratio of 71.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Geriatric Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | +10.1% | +0.9% |
| 2022 | -24.6% | +22.7% | +11.1% |
| 2021 | +79.5% | +0.6% | +7.8% |
| 2020 | +21.5% | +7.1% | +2.8% |
| 2019 | +2.6% | +1.8% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Geriatric Services Inc with a Mission Score of 87 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: 25%
- programs: 55%
- fundraising: 20%
According to IRS 990 filings, Geriatric Services Inc allocates its expenses as follows: admin: 25%, programs: 55%, fundraising: 20%. Approximately 55% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $208K, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.7%.
Executive Compensation Analysis
Executive compensation remains at a modest level, with no significant increases over the past five years.
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 Geriatric Services Inc's IRS 990 filings:
- No significant changes in spending categories over the past five years.
Strengths
The following positive indicators were identified for Geriatric Services Inc:
- Consistent and detailed financial reporting, allowing for easy tracking of expenses and program effectiveness.
Frequently Asked Questions about Geriatric Services Inc
Is Geriatric Services Inc a legitimate charity?
Geriatric Services Inc (EIN: 223148274) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 87/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.5M. 1 red flag identified. 1 strength noted. Financial health grade: A.
How does Geriatric Services Inc spend its money?
Geriatric Services Inc directs 55% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Geriatric Services Inc tax-deductible?
Geriatric Services Inc is registered as a tax-exempt nonprofit (EIN: 223148274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Geriatric Services Inc's spending goes to programs?
Geriatric Services Inc directs 55% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Geriatric Services Inc compare to similar nonprofits?
With a transparency score of 87/100 (Excellent), Geriatric Services Inc is above average for NTEE category P75Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Geriatric Services Inc located?
Geriatric Services Inc is headquartered in Teaneck, New Jersey and files with the IRS under EIN 223148274. It is classified under NTEE code P75Z.
How many years of IRS 990 filings does Geriatric Services Inc have?
Geriatric Services 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 $4.5M in total revenue.
What does Geriatric Services Inc do?
Geriatric Services Inc is a nonprofit organization in the Human Services sector, located in Teaneck, New Jersey. It is classified under NTEE code P75Z.
How much revenue does Geriatric Services Inc have?
Geriatric Services Inc reported total revenue of $4,523,863. Based on 13 IRS 990 filings on record.
What are Geriatric Services Inc's total assets?
Geriatric Services Inc holds total assets of $19,867,222 as reported in IRS 990 filings.
Where is Geriatric Services Inc located?
Geriatric Services Inc is based in Teaneck, New Jersey.
What is Geriatric Services Inc's EIN?
Geriatric Services Inc's Employer Identification Number (EIN) is 223148274. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Geriatric Services Inc?
Geriatric Services Inc is classified under NTEE code P75Z (Human Services).
Is Geriatric Services Inc a registered 501(c)(3)?
Yes, Geriatric Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 223148274.
Does Geriatric Services Inc file IRS Form 990?
Yes, Geriatric Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Geriatric Services Inc's revenue in 2023?
In the 202312 filing period, Geriatric Services Inc reported total revenue of $4,138,766, total expenses of $3,930,802, and net assets of $19,912,007.
Is Geriatric Services Inc's revenue growing or declining?
Geriatric Services Inc's revenue is relatively stable. Revenue went from $4,268,218 (202212) to $4,138,766 (202312), a -3.0% change. Based on 13 filings on record.
What is Geriatric Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Geriatric Services Inc covers tax period 202312. It shows revenue of $4,138,766, expenses of $3,930,802, total assets of $19,912,007, and liabilities of $14,281,147.
How much does Geriatric Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Geriatric Services Inc allocates approximately 55% of expenses to program services, 25% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Geriatric Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Geriatric Services Inc appears trustworthy. Mission Score: 87/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Geriatric Services Inc?
The following concerns were identified: No significant changes in spending categories over the past five years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Geriatric Services Inc's strengths?
Positive indicators for Geriatric Services Inc include: Consistent and detailed financial reporting, allowing for easy tracking of expenses and program effectiveness.. These findings are derived from AI analysis of the organization's financial filings.
How does Geriatric Services Inc compensate executives?
Executive compensation remains at a modest level, with no significant increases over the past five years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Geriatric Services Inc ensure that the majority of funds are allocated to programs?
Geriatric Services Inc allocates over 55% of its total expenses to programs, ensuring that the majority of funds are directed towards services for the elderly.
What is the trend in executive compensation at Geriatric Services Inc?
Executive compensation at Geriatric Services Inc has remained stable over the past five years, with no significant increases, indicating a commitment to fair compensation.
Can you explain the organization's spending breakdown?
Geriatric Services Inc spends approximately 55% on programs, 25% on administration, and 20% on fundraising, ensuring a balanced allocation of resources.
Filing History
IRS 990 filing history for Geriatric Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Geriatric Services Inc's revenue has grown by 104.4%, moving from $2.0M to $4.1M. Total assets increased by 397% over the same period, from $4.0M to $19.9M. Total functional expenses rose by 97.7%, from $2.0M to $3.9M. In its most recent filing year (2023), Geriatric Services Inc reported a surplus of $208K, with revenue exceeding expenses. The organization holds $14.3M in liabilities against $19.9M in assets (debt-to-asset ratio: 71.7%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $3.9M | $19.9M | $14.3M | — | View 990 |
| 2022 | $4.3M | $3.6M | $19.7M | $14.3M | — | View 990 |
| 2021 | $5.7M | $2.9M | $17.8M | $12.9M | — | View 990 |
| 2020 | $3.2M | $2.9M | $16.5M | $14.5M | — | — |
| 2019 | $2.6M | $2.7M | $16.0M | $14.4M | — | View 990 |
| 2018 | $2.5M | $2.7M | $16.1M | $14.5M | — | View 990 |
| 2017 | $2.7M | $2.6M | $16.4M | $14.6M | — | View 990 |
| 2016 | $3.1M | $2.5M | $10.3M | $8.7M | — | View 990 |
| 2015 | $2.7M | $2.7M | $7.6M | $6.5M | — | View 990 |
| 2014 | $2.5M | $2.2M | $5.8M | $4.7M | — | View 990 |
| 2013 | $2.1M | $2.0M | $3.8M | $3.7M | — | View 990 |
| 2012 | $2.0M | $2.0M | $3.9M | $3.7M | — | View 990 |
| 2011 | $2.0M | $2.0M | $4.0M | $3.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $3.9M, and assets of $19.9M (revenue -3.0% year-over-year).
- 2022: Revenue of $4.3M, expenses of $3.6M, and assets of $19.7M (revenue -24.6% year-over-year).
- 2021: Revenue of $5.7M, expenses of $2.9M, and assets of $17.8M (revenue +79.5% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.9M, and assets of $16.5M (revenue +21.5% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.7M, and assets of $16.0M (revenue +2.6% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.7M, and assets of $16.1M (revenue -6.2% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.6M, and assets of $16.4M (revenue -11.6% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.5M, and assets of $10.3M (revenue +15.1% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.7M, and assets of $7.6M (revenue +7.1% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.2M, and assets of $5.8M (revenue +19.6% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.0M, and assets of $3.8M (revenue +3.5% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.0M, and assets of $3.9M (revenue -1.0% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.0M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Geriatric Services Inc:
Data Sources and Methodology
This transparency report for Geriatric Services 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.