Grantmakers In Aging Inc
Grantmakers In Aging Inc shows stable finances with fluctuating revenues and consistent 0% reported officer compensation.
EIN: 134014982 · Arlington, VA · NTEE: P81 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $1.9M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.3M |
| Transparency Score | 85/100 |
Is Grantmakers In Aging Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grantmakers In Aging Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Grantmakers In Aging Inc
Grantmakers In Aging Inc (EIN: 134014982) is a nonprofit organization based in Arlington, VA, classified under NTEE code P81. The organization reported total revenue of $2.7M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grantmakers In Aging Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grantmakers In Aging Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$128K |
| Total Assets | $2.5M |
| Total Liabilities | $230K |
| Net Assets | $2.3M |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 15.6 months |
Financial Health Grade: A
In 2023, Grantmakers In Aging Inc reported a surplus of $128K with revenue exceeding expenses, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grantmakers In Aging Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.6% | +10.5% | +6.5% |
| 2022 | -7.1% | +64.9% | -2.1% |
| 2021 | +13.5% | -18.4% | +40.7% |
| 2020 | -22.1% | -10.3% | +25.0% |
| 2019 | +63.2% | -14.4% | +46.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Grantmakers In Aging 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Grantmakers In Aging Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% 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 $128K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $2 million in recent years. This suggests that executive leadership may be compensated through other means not classified as officer compensation, or they are entirely volunteer, which would be a significant strength in terms of resource allocation.
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 Grantmakers In Aging Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting full efficiency assessment.
- Periods of significant deficit spending (e.g., 2015, 2016, 2017, 2018, 2022) indicate potential challenges in consistent financial planning or revenue generation.
Strengths
The following positive indicators were identified for Grantmakers In Aging Inc:
- Consistent reporting of 0% officer compensation, indicating high transparency or efficient use of funds at the executive level.
- Healthy asset-to-liability ratio, with assets consistently exceeding liabilities (e.g., $2,481,115 assets vs. $230,318 liabilities in 2023).
- Positive net income in recent years (e.g., $127,775 surplus in 2023), demonstrating financial stability and growth.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and public disclosure.
- Growth in revenue in the most recent period (2023 revenue of $2,036,121, up from $1,620,901 in 2022).
Frequently Asked Questions about Grantmakers In Aging Inc
Is Grantmakers In Aging Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grantmakers In Aging Inc (EIN: 134014982) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Grantmakers In Aging Inc spend its money?
Grantmakers In Aging Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grantmakers In Aging Inc tax-deductible?
Grantmakers In Aging Inc is registered as a tax-exempt nonprofit (EIN: 134014982). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Grantmakers In Aging Inc CEO make?
Grantmakers In Aging Inc's highest-compensated officer earns $2 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Grantmakers In Aging Inc's spending goes to programs?
Grantmakers In Aging Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Grantmakers In Aging Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Grantmakers In Aging Inc is above average for NTEE category P81 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grantmakers In Aging Inc located?
Grantmakers In Aging Inc is headquartered in Arlington, Virginia and files with the IRS under EIN 134014982. It is classified under NTEE code P81.
How many years of IRS 990 filings does Grantmakers In Aging Inc have?
Grantmakers In Aging 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 $2.7M in total revenue.
Is Grantmakers In Aging Inc a good charity?
Based on the available financial data, Grantmakers In Aging Inc appears to be a financially stable organization with a healthy asset base and a strong commitment to transparency regarding officer compensation (reporting 0%). Its mission, as indicated by NTEE code P81, is to support philanthropy, which is a crucial role in the nonprofit ecosystem. However, a definitive 'good' rating would benefit from a detailed breakdown of program spending versus administrative and fundraising costs, which is not provided in the summary data.
How does Grantmakers In Aging Inc manage its executive compensation?
Grantmakers In Aging Inc consistently reports 0% for officer compensation in its IRS 990 filings. This is a notable point and suggests that either the top leadership is entirely volunteer, or their compensation is categorized differently within the financial statements (e.g., as general salaries or contractor fees) rather than as direct officer compensation. Further investigation into their full 990 forms would be needed to understand the complete picture of executive remuneration.
What are the trends in Grantmakers In Aging Inc's revenue and expenses?
Grantmakers In Aging Inc has experienced fluctuations in both revenue and expenses over the past decade. Revenue has ranged from a low of $968,740 in 2016 to a high of $3,795,385 in 2014. In recent years, revenue has shown growth, increasing from $1,620,901 in 2022 to $2,036,121 in 2023. Expenses have generally followed revenue trends, with some periods of deficit spending (e.g., 2015, 2016, 2017, 2018, 2022) and other periods of surplus (e.g., 2019, 2020, 2021, 2023). The organization has demonstrated an ability to manage these fluctuations and maintain a positive asset balance.
Filing History
IRS 990 filing history for Grantmakers In Aging Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grantmakers In Aging Inc's revenue has grown by 70.3%, moving from $1.2M to $2.0M. Total assets increased by 204.8% over the same period, from $814K to $2.5M. Total functional expenses rose by 52.9%, from $1.2M to $1.9M. In its most recent filing year (2023), Grantmakers In Aging Inc reported a surplus of $128K, with revenue exceeding expenses. The organization holds $230K in liabilities against $2.5M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.9M | $2.5M | $230K | — | — |
| 2022 | $1.6M | $1.7M | $2.3M | $257K | — | — |
| 2021 | $1.7M | $1.0M | $2.4M | $200K | — | View 990 |
| 2020 | $1.5M | $1.3M | $1.7M | $208K | — | — |
| 2019 | $2.0M | $1.4M | $1.4M | $123K | — | View 990 |
| 2018 | $1.2M | $1.7M | $925K | $237K | — | View 990 |
| 2017 | $1.5M | $1.9M | $1.4M | $298K | — | View 990 |
| 2016 | $969K | $1.7M | $1.7M | $220K | — | View 990 |
| 2015 | $2.1M | $2.5M | $2.5M | $184K | — | View 990 |
| 2014 | $3.8M | $2.6M | $2.9M | $205K | — | View 990 |
| 2013 | $2.1M | $2.1M | $1.7M | $125K | — | View 990 |
| 2012 | $1.9M | $1.7M | $1.8M | $127K | — | View 990 |
| 2011 | $1.2M | $1.2M | $814K | $95K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.9M, and assets of $2.5M (revenue +25.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.7M, and assets of $2.3M (revenue -7.1% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.0M, and assets of $2.4M (revenue +13.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $1.7M (revenue -22.1% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.4M, and assets of $1.4M (revenue +63.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.7M, and assets of $925K (revenue -20.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.9M, and assets of $1.4M (revenue +57.8% year-over-year).
- 2016: Revenue of $969K, expenses of $1.7M, and assets of $1.7M (revenue -53.7% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.5M, and assets of $2.5M (revenue -44.9% year-over-year).
- 2014: Revenue of $3.8M, expenses of $2.6M, and assets of $2.9M (revenue +76.8% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $1.7M (revenue +10.3% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.7M, and assets of $1.8M (revenue +62.6% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $814K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grantmakers In Aging Inc:
Data Sources and Methodology
This transparency report for Grantmakers In Aging 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.