Institute For Applied Gerontology Inc
Institute For Applied Gerontology Inc. shows fluctuating revenues and unusual historical financial reporting.
EIN: 113135751 · New York, NY · NTEE: P81Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $2.7M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $500K |
| Transparency Score | 60/100 |
Is Institute For Applied Gerontology Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute For Applied Gerontology Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Institute For Applied Gerontology Inc
Institute For Applied Gerontology Inc (EIN: 113135751) is a nonprofit organization based in New York, NY, classified under NTEE code P81Z. The organization reported total revenue of $2.1M and total assets of $867K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute For Applied Gerontology Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute For Applied Gerontology Inc is a mid-size nonprofit that has been operating for 3 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 3940.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-10,539 |
| Total Assets | $1.1M |
| Total Liabilities | $556K |
| Net Assets | $500K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 52.6% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2015, Institute For Applied Gerontology Inc reported a deficit of $11K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 52.6% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Institute For Applied Gerontology Inc's revenue has grown at a compound annual growth rate (CAGR) of 3940.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +29.7% | +73.3% | +45.5% |
| 2014 | +205421300.0% | — | +72603100.0% |
| 2013 | +0.0% | — | +0.0% |
| 2012 | +0.0% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1300 |
| IRS Ruling Date | 2023 |
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 Institute For Applied Gerontology Inc with a Mission Score of 60 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Institute For Applied Gerontology Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is unusual for an organization with over $2 million in revenue and suggests either a volunteer-led executive team or that compensation is categorized differently.
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 Institute For Applied Gerontology Inc's IRS 990 filings:
- Inconsistent historical financial reporting (e.g., $1 revenue/assets for multiple years)
- Lack of clarity on executive compensation given 0% reported for an active organization
Strengths
The following positive indicators were identified for Institute For Applied Gerontology Inc:
- Significant program focus (estimated 75% program spending)
- Substantial recent revenue generation (over $2 million in latest period)
Frequently Asked Questions about Institute For Applied Gerontology Inc
Is Institute For Applied Gerontology Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute For Applied Gerontology Inc (EIN: 113135751) some concerns. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.
How does Institute For Applied Gerontology Inc spend its money?
Institute For Applied Gerontology Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Institute For Applied Gerontology Inc tax-deductible?
Institute For Applied Gerontology Inc is registered as a tax-exempt nonprofit (EIN: 113135751). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Institute For Applied Gerontology Inc CEO make?
Institute For Applied Gerontology Inc's highest-compensated officer earns $2 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Institute For Applied Gerontology Inc's spending goes to programs?
Institute For Applied Gerontology Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Institute For Applied Gerontology Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Institute For Applied Gerontology Inc is above average for NTEE category P81Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Institute For Applied Gerontology Inc located?
Institute For Applied Gerontology Inc is headquartered in New York, New York and files with the IRS under EIN 113135751. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Institute For Applied Gerontology Inc have?
Institute For Applied Gerontology Inc has 5 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 $2.1M in total revenue.
Is Institute For Applied Gerontology Inc. a good charity?
The charity's 'goodness' is difficult to fully ascertain due to inconsistent historical financial reporting. While recent revenue figures are substantial, the nominal reporting in earlier years (2011-2013) raises concerns about transparency and data reliability. The 0% officer compensation is a positive indicator if accurate, but the overall financial picture is not entirely clear.
Why are some years reporting $1 in revenue and assets?
The filings for periods 201112, 201212, and 201312 show $1 for revenue, expenses, and assets. This is highly unusual and could indicate errors in filing, periods of inactivity not fully explained, or a lack of complete financial disclosure for those years. It significantly hinders a comprehensive financial analysis.
What is the trend in the organization's revenue?
Excluding the nominal $1 filings, the organization's revenue has fluctuated. It was $2,054,214 in 201412, increased to $2,664,631 in 201512, and then decreased to $2,139,417 in the latest reported period. This indicates variability in its funding.
Filing History
IRS 990 filing history for Institute For Applied Gerontology Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Institute For Applied Gerontology Inc's revenue has grown by 266463000%, moving from $1 to $2.7M. Total assets increased by 105603500% over the same period, from $1 to $1.1M. In its most recent filing year (2015), Institute For Applied Gerontology Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $556K in liabilities against $1.1M in assets (debt-to-asset ratio: 52.6%), resulting in net assets of $500K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $2.7M | $2.7M | $1.1M | $556K | — | View 990 |
| 2014 | $2.1M | $1.5M | $726K | $215K | — | View 990 |
| 2013 | $1 | $0 | $1 | $1 | — | View 990 |
| 2012 | $1 | $0 | $1 | $1 | — | View 990 |
| 2011 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $2.7M, expenses of $2.7M, and assets of $1.1M (revenue +29.7% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.5M, and assets of $726K (revenue +205421300.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute For Applied Gerontology Inc:
Data Sources and Methodology
This transparency report for Institute For Applied Gerontology 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.