Age Well Arrowhead INC FY2020 filing

Tax-deductible

Duluth, MN501(c)(3)Human ServicesEIN 46-5092311Revenue $361K in FY2020

On file with the IRSagewellarrowhead.org306 W Superior St Ste 10, 55802-5025 · Duluth, MNTax-exempt since Aug 2016Publicly supported charity — 170(b)(1)(A)(vi)

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Connecting older adults and caregivers to services that support healthy aging and independence.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$76K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $95K a year · 21% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$76K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 10.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $50K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$361K
Spent
$278K
To programs
87%
Net assets
$336K
By yearFY2020–FY2024
Revenue
$361K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$361K
FY2021$398K
FY2022$526K
FY2023$499K
FY2024$513K
Expenses
$278K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$278K
FY2021$333K
FY2022$379K
FY2023$372K
FY2024$459K
Net assets
$336K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$336K
FY2021$400K
FY2022$547K
FY2023$674K
FY2024$729K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $241K Management & general 12% · $33K Fundraising 2% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $76K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$75,562Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Marianne Bovee’s $104K as Executive Director is at the 88th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marianne Bovee$103,594$92,755$85,312$97,930$75,562

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects older adults and caregivers to services for healthy aging and independence.

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Provided by the organization

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1 program · $241K · in their own filed words · FY2020
01

Provides professional consultation to older adults and caregivers and in home supportive services including homemaker, chore, grocery shopping and delivery, transportation, companionship, and transitions.

$241Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$50K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$361K
Ln 12
Gifts and grantsLn 1h$281K
Fees for servicesLn 2g$80K
Money outPt IX
$278K
Ln 25
Programscol B$241K
Managementcol C$33K
Fundraisingcol D$5K
Owns and owesPt X
$336K
net assets · Ln 32
Cash and savingsLn 1–2$250K
Total assetsLn 16$341K
LiabilitiesLn 26$6K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$281K
Government grantsLn 1e$254K
Fees for servicesLn 2g$80K
Total revenueLn 12$361K
Assets in detailPt X, end of year
CashLn 1$250K
Cash and savings togetherLn 1–2$250K
Land, buildings, equipmentLn 10c$12K
Total assetsLn 16$341K
LiabilitiesLn 26$6K
Net assetsLn 32$336K
OperationsPt I, VI
EmployeesI 512
VolunteersI 6200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$170K$250K
Land, buildings, equipmentLn 10c$6K$12K
Total assetsLn 16$260K$341K
LiabilitiesLn 26$7K$6K
Net assetsLn 32$253K$336K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$76K$57K$15K$4K
Other salaries and wagesLn 7$121K$121K$0$0
Other employee benefitsLn 9$11K$10K$684$228
Payroll taxesLn 10$16K$15K$971$324
Accounting feesLn 11c$2K$0$2K$0
Advertising and promotionLn 12$1K$1K$0$0
Office expensesLn 13$3K$2K$633$158
OccupancyLn 16$17K$11K$6K$0
TravelLn 17$3K$3K$174$0
Depreciation, depletion and amortizationLn 22$2K$2K$602$0
InsuranceLn 23$3K$3K$641$0
Other expenses (24a–d)Ln 24$5K$3K$2K$0
All other expensesLn 24e$17K$12K$5K$19
Total functional expensesLn 25$278K$241K$33K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $513K$459K$54K$729K 990 PDF
FY2023 $499K$372K$127K$674K 990 PDF
FY2022 $526K$379K$147K$547K 990 PDF
FY2021 $398K$333K$64K$400K 990 PDF
FY2020 Viewing $361K$278K$83K$336K 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
See the full FY2020 990 (6 parts)
Part I · Summary $361,009 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $354,649$281,223
I-9 Program service revenuePrior year $83,157$79,786
I-10 Investment income$0
I-11 Other revenuePrior year $22,368$0
I-12 Total revenuePrior year $460,174$361,009
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $253,729$224,473
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $63,105$54,024
I-18 Total expensesPrior year $316,834$278,497
I-19 Revenue less expensesPrior year $143,340$82,512
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $361,009 across 5 lines filed
Lines not itemized here account for $20,170 of total revenue; see the IRS return.
VIII-1e Government grants$254,131
VIII-1f All other contributions, gifts and grants$27,092
VIII-1h Total contributions, gifts and grants$281,223
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$59,616
VIII-12 Total revenueRelated to mission $79,786 · Unrelated business $0 · Excluded from tax $0$361,009
Part IX · Statement of functional expenses $278,497 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $56,672 · Management $15,112 · Fundraising $3,778$75,562
IX-7 Other salaries and wagesPrograms $121,321 · Management $0 · Fundraising $0$121,321
IX-9 Other employee benefitsPrograms $10,495 · Management $684 · Fundraising $228$11,407
IX-10 Payroll taxesPrograms $14,888 · Management $971 · Fundraising $324$16,183
IX-11c Accounting feesPrograms $0 · Management $1,775 · Fundraising $0$1,775
IX-12 Advertising and promotionPrograms $1,149 · Management $0 · Fundraising $0$1,149
IX-13 Office expensesPrograms $2,366 · Management $633 · Fundraising $158$3,157
IX-16 OccupancyPrograms $11,427 · Management $5,628 · Fundraising $0$17,055
IX-17 TravelPrograms $3,309 · Management $174 · Fundraising $0$3,483
IX-22 Depreciation, depletion and amortizationPrograms $1,807 · Management $602 · Fundraising $0$2,409
IX-23 InsurancePrograms $2,565 · Management $641 · Fundraising $0$3,206
IX-24 Other expenses (24a–d)Programs $2,897 · Management $1,755 · Fundraising $0$4,652
IX-24e All other expensesPrograms $12,333 · Management $4,786 · Fundraising $19$17,138
IX-25 Total functional expensesPrograms $241,229 · Management $32,761 · Fundraising $4,507$278,497
Part X · Balance sheet $341,283 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $169,740$250,476
X-3 Pledges and grants receivableStart of year $74,039$69,258
X-4 Accounts receivableStart of year $10,770$6,697
X-9 Prepaid expenses and deferred charges$2,857
X-10c Land, buildings and equipment, netStart of year $5,789$11,995
X-16 Total assetsStart of year $260,338$341,283
X-17 Accounts payable and accrued expensesStart of year $7,099$5,532
X-26 Total liabilitiesStart of year $7,099$5,532
X-27 Net assets without donor restrictionsStart of year $253,239$335,751
X-32 Total net assets or fund balancesStart of year $253,239$335,751
X-33 Total liabilities and net assetsStart of year $260,338$341,283
Part XI · Reconciliation of net assets $335,751 net assets at year end
XI-1 Total revenue$361,009
XI-2 Total expenses$278,497
XI-3 Revenue less expenses$82,512
XI-4 Net assets at start of year$253,239
XI-10 Net assets at end of year$335,751

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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