Elderserve, INC. Provides services to empower older adults to live indepeendently with dignity in louisville/jefferson county.

501(c)(3) charity; gifts are tax-deductible.
22¢ of each $1 spent went to programs.
$120K 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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FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $76K a year · 5% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
22%
of spending
Concern: 22% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$120K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $62K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
44% of total assets
Looks good: liabilities are 44% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
+72% vs prior year
Spent
$1.0M
To programs
22%
Net assets
$2.0M
By yearFY2020–FY2025
Revenue
$1.7M
FY2024▲ +72%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$1.9M
FY2022$941K
FY2023$968K
FY2024$1.7M
FY2025$912K
Expenses
$1.0M
FY2024▲ +99%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.6M
FY2021$2.0M
FY2022$1.1M
FY2023$512K
FY2024$1.0M
FY2025$932K
Net assets
$2.0M
FY2024▲ +48%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.9M
FY2021$1.1M
FY2022$884K
FY2023$1.3M
FY2024$2.0M
FY2025$2.0M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1968.

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

Where the money goes

22 cents of each dollar spent went to programs.

Program services 22% · $227K Management & general 76% · $780K Fundraising 1% · $13K

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

10 people listed on the 990; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chief Executive Officer
$120,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Timothy Findley JR’s $120K as Chief Exec. is at the 93rd 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Timothy Findley JR$120,000$120,000$50,308——
Julie Guenthner————$101,099
Patty Belden———$99,000$84,868

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

Empowers older adults with services for independent, dignified living.

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Provided by the organization

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1 program · $227K · in their own filed words · FY2023
01

Senior Center Program Services

$227Kprogram 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 · FY2024
Total grants receivedfrom 2 funders$62K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Gifts and grantsLn 1h$1.6M
Other incomeLn 4–11$28K
Investment incomeLn 3$1K
Money outPt IX
$1.0M
Ln 25
Programscol B$227K
Managementcol C$780K
Fundraisingcol D$13K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$49K
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$1.1M
Investment incomeLn 3$1K
Other incomeLn 4–11$28K
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$49K
Cash and savings togetherLn 1–2$49K
Land, buildings, equipmentLn 10c$2.5M
Other assetsLn 15$158K
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.5M
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 55
VolunteersI 615
Fiscal year endsHeaderJune
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 FY24End FY24
Cash and savingsLn 1–2$270K$49K
Land, buildings, equipmentLn 10c$1.3M$2.5M
Total assetsLn 16$2.8M$3.5M
LiabilitiesLn 26$1.5M$1.5M
Net assetsLn 32$1.3M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$120K$120K
Pay of disqualified personsLn 6$238K$108K$130K
Other employee benefitsLn 9$30K$9K$21K
Payroll taxesLn 10$27K$8K$18K
Accounting feesLn 11c$43K$43K
Other fees for servicesLn 11g$118K$118K
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$4K$4K
Information technologyLn 14$5K$5K
OccupancyLn 16$157K$157K
Conferences, conventions and meetingsLn 19$122$122
InterestLn 20$22K$22K
Depreciation, depletion and amortizationLn 22$51K$51K
InsuranceLn 23$56K$56K
Other expenses (24a–d)Ln 24$110K$80K$17K$13K
All other expensesLn 24e$33K$22K$11K
Total functional expensesLn 25$1.0M$227K$780K$13K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $912K$932K−$21K$2.0M 990 PDF
FY2024 Viewing $1.7M$1.0M$640K$2.0M 990 PDF
FY2023 $968K$512K$456K$1.3M 990 PDF
FY2022 $941K$1.1M−$185K$884K 990 PDF
FY2021 $1.9M$2.0M−$178K$1.1M 990 PDF
FY2020 $2.3M$2.6M−$258K$1.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,660,163 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $943,246$1,631,228
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $23,227$1,235
I-11 Other revenuePrior year $1,200$27,700
I-12 Total revenuePrior year $967,673$1,660,163
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $242,673$414,062
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $269,226$606,005
I-18 Total expensesPrior year $511,899$1,020,067
I-19 Revenue less expensesPrior year $455,774$640,096
Part VI · Governance 18 of 18 board members independent, no flags
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
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 $1,660,163 across 6 lines filed
VIII-1e Government grants$1,139,869
VIII-1f All other contributions, gifts and grants$383,189
VIII-1h Total contributions, gifts and grants$1,631,228
VIII-3 Investment incomeExcluded from tax $1,235$1,235
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $27,700$27,700
VIII-12 Total revenueRelated to mission $27,700 · Unrelated business $0 · Excluded from tax $1,235$1,660,163
Part IX · Statement of functional expenses $1,020,067 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $120,000$120,000
IX-6 Pay of disqualified personsPrograms $108,150 · Management $129,729$237,879
IX-9 Other employee benefitsPrograms $8,904 · Management $20,707$29,611
IX-10 Payroll taxesPrograms $8,220 · Management $18,352$26,572
IX-11c Accounting feesManagement $43,162$43,162
IX-11g Other fees for servicesManagement $117,787$117,787
IX-12 Advertising and promotionManagement $7,849$7,849
IX-13 Office expensesManagement $3,768$3,768
IX-14 Information technologyManagement $5,015$5,015
IX-16 OccupancyManagement $156,666$156,666
IX-19 Conferences, conventions and meetingsManagement $122$122
IX-20 InterestManagement $21,720$21,720
IX-22 Depreciation, depletion and amortizationManagement $50,989$50,989
IX-23 InsuranceManagement $55,977$55,977
IX-24 Other expenses (24a–d)Programs $79,926 · Management $17,270 · Fundraising $13,215$110,411
IX-24e All other expensesPrograms $21,837 · Management $10,702$32,539
IX-25 Total functional expensesPrograms $227,037 · Management $779,815 · Fundraising $13,215$1,020,067
Part X · Balance sheet $3,509,999 assets, 14 lines filed
Asset lines not itemized here account for $7,835; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $269,578$49,160
X-4 Accounts receivableStart of year $1,074,069$753,975
X-9 Prepaid expenses and deferred chargesStart of year $42,236$2,110
X-10c Land, buildings and equipment, netStart of year $1,301,389$2,527,912
X-14 Intangible assetsStart of year $5,000$10,730
X-15 Other assetsStart of year $155,489$158,277
X-16 Total assetsStart of year $2,847,761$3,509,999
X-17 Accounts payable and accrued expensesStart of year $29,451$82,209
X-25 Other liabilitiesStart of year $1,220,758$919,892
X-26 Total liabilitiesStart of year $1,507,708$1,529,848
X-27 Net assets without donor restrictionsStart of year $1,159,045$1,799,143
X-28 Net assets with donor restrictionsStart of year $181,008$181,008
X-32 Total net assets or fund balancesStart of year $1,340,053$1,980,151
X-33 Total liabilities and net assetsStart of year $2,847,761$3,509,999
Part XI · Reconciliation of net assets $1,980,151 net assets at year end
XI-1 Total revenue$1,660,163
XI-2 Total expenses$1,020,067
XI-3 Revenue less expenses$640,096
XI-4 Net assets at start of year$1,340,053
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,980,151

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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