Innovations in Aging Collaborative FY2022 filing

Colorado Springs, CO · Unknown exempt organization

Latest data FY2022
Revenue
$230K
▲ +10% vs prior year
Spent
$208K
To programs
82%
Net assets
$244K
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. The Joseph Henry Edmondson Foundation
$16K in the latest grant year.
Spent on programs?
82% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +10% vs prior year
Legal name (IRS)Hdr · item CInnovations in Aging Collaborative
EINHdr · item D46-0968566
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CColorado Springs, CO
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jinnovationsinaging.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.15 Fundraising $0.03
Program services82%$170K
Management & general15%$30K
Fundraising3%$7K
Total functional expensesLn 25$208K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$230K
FY2022▲ +10%
Expenses
$208K
FY2022▲ +5%
Surplus margin
+10%
revenue over expenses, this year
Program spending
82%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$303K
FY2022▲ +20%
Total liabilities
$59K
FY2022▲ +57%
Revenue less expensesPt I · Ln 19$23K
Total assetsPt X · Ln 16$303K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$251K
Total assetsLn 16$303K
Total liabilitiesLn 26$59K
Total net assetsLn 32$244K
Months of cash on handcomputed14.5

Statement of Revenue

Part VIII
Contributions & grants100%$230K
Investment income$706
— government grantsLn 1e$170K
Total revenueLn 12$230K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $251K · Operating expenses/yr $208K
14.5 months
Where the money goes
Program services
Program services $170K · Total expenses $208K
82%
Management & General
Management & general $30K · Total expenses $208K
15%
Fundraising
Fundraising $7K · Total expenses $208K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $66K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $230K · Total revenue $230K
100%
Government reliance
Government grants $170K · Total revenue $230K
74%
Earned-income share
Program service revenue $0 · Total revenue $230K
0%
Investment reliance
Investment income $706 · Total revenue $230K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $208K
0%
Growth & trend
Revenue growth (YoY)
This year $230K · Prior year $210K
+10%
Net-asset trend (YoY)
End of year $244K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $230K · Expenses $208K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $303K
—
Net-asset ratio
Net assets $244K · Total assets $303K
81%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $303K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Claire Anderson · Reported title EXECUTIVE DIRECTOR - NONVOTING · Highest reported compensation $53K · Total expenses $208K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $123K · Total expenses $208K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 15%——
Fundraising cost ratio 3%——
Revenue growth 10%——
Accounting fee ratio 5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director - Nonvoting
$52,773Pt VII · Sec A
Director
$26,886Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director & Governance Committee Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Erin Maruzzella$53,000$90,000———
Claire Anderson——$52,773$65,762$65,810
Paula Pollet——$26,886——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Brings people together to find new ways to tackle aging's challenges and opportunities.

Provided by the organization

This section is blank until Innovations in Aging Collaborative claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $170K of program spending, described in the organization's own filed words · FY2022.
01

-iiac created the age-friendly pikes peak action plan in collaboration with the city of colorado springs and el paso county, colorado. This action plan guides design and development of lifelong equity in livable communities in the region.

$170Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$16K
Grants paid · 1 grant · $25K · 2024–2024

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $101K$188K-37% 990 PDF
FY2023 $160K$259K-30% 990 PDF
FY2022 Viewing $230K$208K+10% 990 PDF
FY2021 $210K$197K+26% 990 PDF
FY2020 $167K$139K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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