Age Friendly Foundation FY2022 filing

Waltham, MA · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible Latest data FY2022
Revenue
$35K
▼ -89% vs prior year
Spent
$593K
To programs
8%
Net assets
$27K
By yearFY2020–FY2024
Revenue
$35K
FY2022▼ -89%
Revenue by fiscal year
FY2020$19K
FY2021$322K
FY2022$35K
FY2023$32K
FY2024$288K
Expenses
$593K
FY2022▲ +26%
Expenses by fiscal year
FY2020Not on file
FY2021$469K
FY2022$593K
FY2023$604K
FY2024$12K
Net assets
$27K
FY2022▲ +120%
Net assets by fiscal year
FY2020$12K
FY2021$-134K
FY2022$27K
FY2023$-267K
FY2024$9K
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?
Yes
Per the IRS master 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?
3 funders, incl. John a Hartford Foundation
$535K in the latest grant year.
Spent on programs?
8% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -89% vs prior year
Legal name (IRS)Hdr · item CAge Friendly Foundation
EINHdr · item D83-3954823
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 2019
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CWaltham, MA
NTEE classificationIRS BMFHuman Services (P80)
WebsiteHdr · item Jinstitute.agefriendly.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.08 Management & general $0.92
Program services8%$50K
Management & general92%$543K
Total functional expensesLn 25$593K

Financial health

Program efficiency
8%
of spending reaches programs
Operating runway
6.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-1605%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$350K
FY2022▼ -72%
Total assets by fiscal year
FY2020Not on file
FY2021$1.2M
FY2022$350K
FY2023$24K
FY2024$9K
Total liabilities
$322K
FY2022▼ -77%
Total liabilities by fiscal year
FY2020Not on file
FY2021$1.4M
FY2022$322K
FY2023$291K
FY2024$400
Revenue less expensesPt I · Ln 19−$558K
Total assetsPt X · Ln 16$350K
Program-expense ratioPt IX · col B8%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$331K
Total assetsLn 16$350K
Total liabilitiesLn 26$322K
Total net assetsLn 32$27K
Months of cash on handcomputed6.7

Statement of Revenue

Part VIII
Contributions & grants$126K · 361%
Program service revenue$21K · 60%
Contributions & grants361%$126K
Program service revenue60%$21K
Total revenueLn 12$35K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $331K · Operating expenses/yr $593K
6.7 months
Where the money goes
Program services
Program services $50K · Total expenses $593K
8%
Management & General
Management & general $543K · Total expenses $593K
92%
Fundraising
Fundraising $0 · Total expenses $593K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $220K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $126K · Total revenue $35K
361%
Government reliance
Government grants — · Total revenue $35K
—
Earned-income share
Program service revenue $21K · Total revenue $35K
60%
Investment reliance
Investment income $0 · Total revenue $35K
0%
Program self-sufficiency
Program service revenue $21K · Total expenses $593K
4%
Growth & trend
Revenue growth (YoY)
This year $35K · Prior year $322K
-89%
Net-asset trend (YoY)
End of year $27K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $35K · Expenses $593K
-1605%
Liabilities-to-Assets
Total liabilities — · Total assets $350K
—
Net-asset ratio
Net assets $27K · Total assets $350K
8%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $350K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jody Shue · Reported title Executive Director · Highest reported compensation $40K · Total expenses $593K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $46K · Total expenses $593K
8%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 8%——
Overhead ratio 92%——
Fundraising cost ratio 0%——
Revenue growth -89%——
Legal fee ratio 4%——
Accounting fee ratio 4%——

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
$40,001Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Susan Lowe’s $675 as Treasurer/Clerk is at the 0th 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Jody Shue——$40,001$40,000
Susan Lowe$675$10,538——

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 Age Friendly Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
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

Educates people on productive and healthy lifestyles.

Provided by the organization

This section is blank until Age Friendly Foundation claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $50K of program spending, described in the organization's own filed words · FY2022.
01

Administration of a program to identify and certify employers as Certified Age Friendly Employers (CAFE) based on evidence they are committed to objectively consider older workers for appropriate employment free from discrimination and make the names of these employers available to the public at no cost.

$50Kprogram expense

Run this program? Claim this org to tell your story

Funders

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 3 funders$535K
See all 3 funders →

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $288K$12K+805% 990 PDF
FY2023 $32K$604K-9% 990 PDF
FY2022 Viewing $35K$593K-89% 990 PDF
FY2021 $322K$469K×17 990 PDF
FY2020 $19K— 990 PDF

Want to add your own materials alongside these filings? Claim this org

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.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Age Friendly Foundation →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

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

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.