Positive Maturity INC FY2020 filing

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Enhance lives of mature adults through social services and civic engagement: through retired senior volunteer, foster grandparent, and senior companion programs, as well as geriatric social services and nutrition programs.

501(c)(3) charity; gifts are tax-deductible.
77¢ 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

Before you give

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
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
5 of 6
filings with a surplus
Average surplus $37K a year · 2% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% 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 · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $588K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$55K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
Spent
$1.5M
To programs
77%
Net assets
$959K
By yearFY2020–FY2025
Revenue
$1.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.5M
FY2022$1.5M
FY2023$1.6M
FY2024$1.8M
FY2025$1.8M
Expenses
$1.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.4M
FY2022$1.5M
FY2023$1.6M
FY2024$1.7M
FY2025$1.9M
Net assets
$959K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$959K
FY2021$1.1M
FY2022$1.1M
FY2023$1.2M
FY2024$1.3M
FY2025$1.3M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 May 1971.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $1.1M Management & general 23% · $335K

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

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

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$76,286Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Penny Kakoliris’s $91K as Executive Director is at the 26th percentile of top reported officer pay among 3869 $1–10M 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Penny Kakoliris$91,330$91,330$79,790$76,979$75,222$76,286
Michele Blackmon$64,179$64,179$54,638$54,277$53,109—

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.

See Positive Maturity INC executive salaries →

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 mature adults with volunteer opportunities and vital social services.

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3 programs · $974K · in their own filed words · FY2019
01

Senior Companion Program (scp)

Aging seniors who are frail or ill are often unable to manage their day-to-day tasks such as meal preparation,laundry, transportation, and remembering to take their medication. Frail seniors are also at risk of social isolation as more families are working full time and are unable to stay with an aging parent during the day.

$360Kprogram expense
02

Foster Grandparent Program (fgp)

Alabama ranks 47th in the nation for education and has one of the higher high school drop-out rates. In addition to the academic needs of younter children to be successful, the increased geographic mobility, lack of organized activities in poor neighboorhoods, and the rise of single-parent families and families with two working parents…

$331Kprogram expense
03

Retired Senior Volunteer Program (rsvp)

All communities depend on volunteers, both formal and informal, to address a range of problems and needs that other social institutions cannot handle themselves. Research has shown there are many benefits for those who volunteer and it is more beneficial to older adults than to younger people.

$283Kprogram 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$588K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Sep 2024 · $902K federal money spent
Americorps Seniors Foster Grandparent Program (fgp) 94.011AmeriCorps · ALN 94.011 · Direct$385K
Americorps Seniors Senior Companion Program (scp) 94.016AmeriCorps · ALN 94.016 · Direct$330K
Americorps Seniors Retired and Senior Volunteer Program (rsvp) 94.002AmeriCorps · ALN 94.002 · Direct$143K
Community Development Block Grants/Entitlement GrantsDepartment of Housing and Urban Development · ALN 14.218 · Direct$28K
Special Programs for the Aging, Title III, Part C, Nutrition ServicesDepartment of Health and Human Services · ALN 93.045 · Direct$15K

The auditor reported no findings.

Year ending Sep 2023 · $811K federal money spent
Foster Grandparent ProgramAmeriCorps · ALN 94.011 · Direct$357K
Senior Companion ProgramAmeriCorps · ALN 94.016 · Direct$271K
Retired and Senior Volunteer ProgramAmeriCorps · ALN 94.002 · Direct$141K
Community Development Block Grants/Entitlement GrantsDepartment of Housing and Urban Development · ALN 14.218 · Through City of Birmingham$28K
Special Programs for the Aging_title III, Part C_nutrition ServicesDepartment of Health and Human Services · ALN 93.045 · Direct$15K

The auditor reported no findings.

Year ending Sep 2022 · $781K federal money spent
Senior Companion ProgramAmeriCorps · ALN 94.016 · Direct$262K
Intergovernmental Personnel Act (ipa) Mobility ProgramOffice of Personnel Management · ALN 27.011 · Direct$184K
Foster Grandparent ProgramAmeriCorps · ALN 94.011 · Direct$157K
Retired and Senior Volunteer ProgramAmeriCorps · ALN 94.002 · Direct$137K
Community Development Block Grants/Entitlement GrantsDepartment of Housing and Urban Development · ALN 14.218 · Direct$25K

Plus 2 smaller programs.

The auditor reported no findings.

Year ending Sep 2021 · $793K federal money spent
Foster Grandparent ProgramAmeriCorps · ALN 94.011 · Direct$311K
Senior Companion ProgramAmeriCorps · ALN 94.016 · Direct$284K
Retired and Senior Volunteer ProgramAmeriCorps · ALN 94.002 · Direct$138K
Community Development Block Grants/Entitlement GrantsDepartment of Housing and Urban Development · ALN 14.218 · Direct$27K
Operation AmericorpsAmeriCorps · ALN 94.025 · Direct$23K

Plus 1 smaller program.

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.5M
Investment incomeLn 3$11K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.1M
Managementcol C$335K
Owns and owesPt X
$959K
net assets · Ln 32
Cash and savingsLn 1–2$679K
Total assetsLn 16$1.0M
LiabilitiesLn 26$55K
PeoplePt VI, VII
24
listed · VII A
PaidVII A1
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$784K
Investment incomeLn 3$11K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$513K
SavingsLn 2$165K
Cash and savings togetherLn 1–2$679K
Pledges and grants receivableLn 3$51K
Accounts receivableLn 4$100
Prepaid expenses and deferred chargesLn 9$18K
Land, buildings, equipmentLn 10c$4K
InvestmentsLn 11–13$262K
Total assetsLn 16$1.0M
LiabilitiesLn 26$55K
Net assetsLn 32$959K
OperationsPt I, VI
EmployeesI 519
VolunteersI 61,317
Fiscal year endsHeaderSeptember
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$607K$679K
InvestmentsLn 11–13$232K$262K
Land, buildings, equipmentLn 10c$941$4K
Total assetsLn 16$924K$1.0M
LiabilitiesLn 26$33K$55K
Net assetsLn 32$891K$959K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$76K$52K$24K
Other salaries and wagesLn 7$453K$311K$142K
Pension plan contributionsLn 8$28K$13K$14K
Other employee benefitsLn 9$57K$27K$30K
Payroll taxesLn 10$39K$28K$12K
Other fees for servicesLn 11g$65K$24K$41K
Office expensesLn 13$22K$17K$6K
OccupancyLn 16$78K$38K$39K
TravelLn 17$6K$5K$700
Conferences, conventions and meetingsLn 19$7K$3K$5K
Depreciation, depletion and amortizationLn 22$2K$2K$88
InsuranceLn 23$26K$22K$4K
Other expenses (24a–d)Ln 24$605K$587K$18K
Total functional expensesLn 25$1.5M$1.1M$335K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 14, 2026 $1.8M$1.9M−$37K$1.3M 990 PDF
FY2024Filed with the IRS Apr 17, 2025 $1.8M$1.7M$49K$1.3M 990 PDF
FY2023Filed with the IRS Jun 4, 2024 $1.6M$1.6M$20K$1.2M 990 PDF
FY2022Filed with the IRS May 10, 2023 $1.5M$1.5M$29K$1.1M 990 PDF
FY2021Filed with the IRS Jun 29, 2022 $1.5M$1.4M$115K$1.1M 990 PDF
FY2020 ViewingFiled with the IRS Jan 18, 2021 $1.5M$1.5M$43K$959K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,507,210 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,565,978$1,496,154
I-9 Program service revenue$0
I-10 Investment incomePrior year $9,307$11,056
I-11 Other revenuePrior year $33,404$0
I-12 Total revenuePrior year $1,608,689$1,507,210
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $711,705$653,094
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $844,856$810,623
I-18 Total expensesPrior year $1,556,561$1,463,717
I-19 Revenue less expensesPrior year $52,128$43,493
Part VI · Governance 23 of 23 board members independent, no flags
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
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 $1,507,210 across 6 lines filed
VIII-1a Federated campaigns$637,158
VIII-1e Government grants$783,975
VIII-1f All other contributions, gifts and grants$75,021
VIII-1h Total contributions, gifts and grants$1,496,154
VIII-3 Investment incomeExcluded from tax $11,056$11,056
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $11,056$1,507,210
Part IX · Statement of functional expenses $1,463,717 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $52,328 · Management $23,958$76,286
IX-7 Other salaries and wagesPrograms $310,607 · Management $142,210$452,817
IX-8 Pension plan contributionsPrograms $13,236 · Management $14,370$27,606
IX-9 Other employee benefitsPrograms $27,323 · Management $29,661$56,984
IX-10 Payroll taxesPrograms $27,718 · Management $11,683$39,401
IX-11g Other fees for servicesPrograms $24,007 · Management $41,371$65,378
IX-13 Office expensesPrograms $16,638 · Management $5,537$22,175
IX-16 OccupancyPrograms $38,447 · Management $39,480$77,927
IX-17 TravelPrograms $4,937 · Management $700$5,637
IX-19 Conferences, conventions and meetingsPrograms $2,790 · Management $4,605$7,395
IX-22 Depreciation, depletion and amortizationPrograms $1,871 · Management $88$1,959
IX-23 InsurancePrograms $21,924 · Management $3,647$25,571
IX-24 Other expenses (24a–d)Programs $586,614 · Management $17,967$604,581
IX-25 Total functional expensesPrograms $1,128,440 · Management $335,277 · Fundraising $0$1,463,717
Part X · Balance sheet $1,014,352 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $447,292$513,186
X-2 Savings and temporary cash investmentsStart of year $160,090$165,456
X-3 Pledges and grants receivableStart of year $68,575$51,006
X-4 Accounts receivableStart of year $4,833$100
X-9 Prepaid expenses and deferred chargesStart of year $9,821$18,376
X-10c Land, buildings and equipment, netStart of year $941$4,212
X-11 Publicly traded securitiesStart of year $232,383$262,016
X-16 Total assetsStart of year $923,935$1,014,352
X-17 Accounts payable and accrued expensesStart of year $32,854$5,014
X-24 Unsecured notes and loans payable$50,000
X-26 Total liabilitiesStart of year $32,854$55,014
X-27 Net assets without donor restrictionsStart of year $841,816$932,474
X-28 Net assets with donor restrictionsStart of year $49,265$26,864
X-32 Total net assets or fund balancesStart of year $891,081$959,338
X-33 Total liabilities and net assetsStart of year $923,935$1,014,352
Part XI · Reconciliation of net assets $959,338 net assets at year end
XI-1 Total revenue$1,507,210
XI-2 Total expenses$1,463,717
XI-3 Revenue less expenses$43,493
XI-4 Net assets at start of year$891,081
XI-5 Net unrealized gains (losses) on investments$24,764
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$959,338

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

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