National Council On Aging Inc
National Council On Aging Inc reports a $3.3 million deficit in latest filing after a period of revenue growth.
EIN: 131932384 · Arlington, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $110.2M |
| Total Expenses | $72.8M |
| Program Spending | 75% |
| Net Assets | $9.7M |
| Transparency Score | 70/100 |
Is National Council On Aging Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Council On Aging Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Council On Aging Inc
National Council On Aging Inc (EIN: 131932384) is a nonprofit organization based in Arlington, VA. The organization reported total revenue of $110.2M and total assets of $23.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Council On Aging Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Council On Aging Inc is a major nonprofit that has been operating for 65 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69.4M |
| Total Expenses | $72.8M |
| Surplus / Deficit | $-3,356,051 |
| Total Assets | $23.8M |
| Total Liabilities | $14.2M |
| Net Assets | $9.7M |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 59.4% |
| Months of Reserves | 3.9 months |
Financial Health Grade: C
In 2023, National Council On Aging Inc reported a deficit of $3.4M with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 59.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Council On Aging Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | +18.2% | -13.3% |
| 2022 | +30.2% | +4.1% | +153.0% |
| 2021 | -9.2% | -0.1% | -34.8% |
| 2020 | +6.5% | +0.8% | +4.9% |
| 2019 | -13.4% | -0.5% | -16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1961 |
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 National Council On Aging Inc with a Mission Score of 70 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, National Council On Aging 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 59.4%.
Executive Compensation Analysis
The provided data consistently shows 0% for Officer Comp across all filings, which is unusual for an organization of this size and suggests that executive compensation details are either not captured in this specific data point or are reported elsewhere, making it difficult to assess relative to the organization's scale.
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 National Council On Aging Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, potentially obscuring executive pay details.
- Deficit in the latest fiscal period (202306) where expenses exceeded revenue by over $3 million.
Strengths
The following positive indicators were identified for National Council On Aging Inc:
- Significant and growing revenue base, reaching over $69 million in 202306.
- Healthy asset base of $23,823,784 in 202306, indicating financial stability.
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and operational longevity.
- Demonstrated ability to generate surpluses in multiple periods, such as $9,145,919 in 202206.
Frequently Asked Questions about National Council On Aging Inc
Is National Council On Aging Inc a legitimate charity?
National Council On Aging Inc (EIN: 131932384) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $110.2M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does National Council On Aging Inc spend its money?
National Council On Aging Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to National Council On Aging Inc tax-deductible?
National Council On Aging Inc is registered as a tax-exempt nonprofit (EIN: 131932384). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Council On Aging Inc's spending goes to programs?
National Council On Aging Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Council On Aging Inc located?
National Council On Aging Inc is headquartered in Arlington, Virginia and files with the IRS under EIN 131932384.
How many years of IRS 990 filings does National Council On Aging Inc have?
National Council On 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 $110.2M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses for the latest fiscal year?
The provided summary data does not include a detailed breakdown of program, administrative, and fundraising expenses. This information would typically be found in Part IX of the IRS Form 990.
Why is officer compensation consistently reported as 0% across all filings?
The consistent reporting of 0% for officer compensation suggests that either the data point provided does not capture the full executive compensation, or compensation is structured in a way that it's not categorized as 'officer comp' in this specific summary. Further review of the full IRS 990, specifically Schedule J, would be needed to understand executive compensation.
What caused the deficit of $3,356,051 in the 202306 fiscal period?
The summary data indicates that expenses ($72,751,659) exceeded revenue ($69,395,608) in the 202306 period, resulting in a deficit. A detailed analysis of the full IRS 990 would be required to identify the specific expense categories that led to this deficit.
Filing History
IRS 990 filing history for National Council On Aging Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Council On Aging Inc's revenue has grown by 11.6%, moving from $62.2M to $69.4M. Total assets increased by 115.1% over the same period, from $11.1M to $23.8M. Total functional expenses rose by 9.2%, from $66.6M to $72.8M. In its most recent filing year (2023), National Council On Aging Inc reported a deficit of $3.4M, with expenses exceeding revenue. The organization holds $14.2M in liabilities against $23.8M in assets (debt-to-asset ratio: 59.4%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69.4M | $72.8M | $23.8M | $14.2M | — | View 990 |
| 2022 | $70.7M | $61.6M | $27.5M | $15.3M | — | View 990 |
| 2021 | $54.3M | $59.2M | $10.9M | $8.2M | — | View 990 |
| 2020 | $59.8M | $59.2M | $16.7M | $9.8M | — | View 990 |
| 2019 | $56.2M | $58.7M | $15.9M | $8.8M | — | View 990 |
| 2018 | $64.9M | $59.0M | $19.0M | $9.1M | — | View 990 |
| 2017 | $49.4M | $52.1M | $12.2M | $8.1M | — | View 990 |
| 2016 | $48.7M | $45.7M | $15.3M | $8.4M | — | View 990 |
| 2015 | $45.4M | $44.0M | $12.8M | $7.2M | — | View 990 |
| 2014 | $39.0M | $40.8M | $9.8M | $5.4M | — | View 990 |
| 2013 | $40.8M | $41.6M | $12.6M | $6.8M | — | View 990 |
| 2012 | $50.1M | $47.9M | $12.8M | $7.1M | — | View 990 |
| 2011 | $62.2M | $66.6M | $11.1M | $6.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69.4M, expenses of $72.8M, and assets of $23.8M (revenue -1.9% year-over-year).
- 2022: Revenue of $70.7M, expenses of $61.6M, and assets of $27.5M (revenue +30.2% year-over-year).
- 2021: Revenue of $54.3M, expenses of $59.2M, and assets of $10.9M (revenue -9.2% year-over-year).
- 2020: Revenue of $59.8M, expenses of $59.2M, and assets of $16.7M (revenue +6.5% year-over-year).
- 2019: Revenue of $56.2M, expenses of $58.7M, and assets of $15.9M (revenue -13.4% year-over-year).
- 2018: Revenue of $64.9M, expenses of $59.0M, and assets of $19.0M (revenue +31.4% year-over-year).
- 2017: Revenue of $49.4M, expenses of $52.1M, and assets of $12.2M (revenue +1.4% year-over-year).
- 2016: Revenue of $48.7M, expenses of $45.7M, and assets of $15.3M (revenue +7.2% year-over-year).
- 2015: Revenue of $45.4M, expenses of $44.0M, and assets of $12.8M (revenue +16.4% year-over-year).
- 2014: Revenue of $39.0M, expenses of $40.8M, and assets of $9.8M (revenue -4.3% year-over-year).
- 2013: Revenue of $40.8M, expenses of $41.6M, and assets of $12.6M (revenue -18.7% year-over-year).
- 2012: Revenue of $50.1M, expenses of $47.9M, and assets of $12.8M (revenue -19.3% year-over-year).
- 2011: Revenue of $62.2M, expenses of $66.6M, and assets of $11.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Council On Aging Inc:
Data Sources and Methodology
This transparency report for National Council On 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.