Grantmakers In Aging Inc
- Assets
- $2.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 4
- Location
- White Plains, NY
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 13-4014982
Organization Overview
Grantmakers In Aging Inc is located in White Plains, NY. The organization was established in 1998. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Grantmakers In Aging Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grantmakers In Aging Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Grantmakers In Aging Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKERS IN AGING SERVES AS A NETWORK AND RESOURCE FOR FUNDERS AND A CHAMPION FOR AGING-RELATED ISSUES AND INVESTMENTS. AS THE HUB OF THE AGING PHILANTHROPY ECOSYSTEM, WE DEVELOP AND DISSEMINATE CONTENT AND PROVIDE DUES-PAYING MEMBERS WITH NETWORKING OPPORTUNITIES. IN 2021, WE SERVED 100 MEMBERS; HOSTED 11 WEBINARS OPEN TO THE GENERAL PUBLIC AND 10 MEMBER-ONLY MEETUPS; FACILITATED 4 FUNDERS COMMUNITIES; PROVIDED 217 1:1 CONSULTATIONS; PUBLISHED ONE ISSUE BRIEF AND 11 NEWSLETTERS; AND HOSTED A VIRTUAL ANNUAL CONFERENCE WITH 207 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsay Goldman Chief Executive Officer | Officer | 40 | $225,000 |
Andrew Levack Vice Chair | OfficerTrustee | 2 | $0 |
Vincent Tilford Treasurer | OfficerTrustee | 2 | $0 |
Susan Althans Chair | OfficerTrustee | 2 | $0 |
Peggy Maguire Secretary | OfficerTrustee | 2 | $0 |
Amber Talburt Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Communications And Planning Communications Consulting; Product Devel | 12/30/17 | $267,507 |
Frameworks Institute Project Management; Evaluation | 12/30/17 | $147,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $125,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,288,806 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,413,806 |
| Total Program Service Revenue | $326,096 |
| Investment income | $1,738 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,744,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $229,500 |
| Compensation of current officers, directors, key employees. | $50,380 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $225,127 |
| Pension plan accruals and contributions | $8,031 |
| Other employee benefits | $50,962 |
| Payroll taxes | $29,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,511 |
| Fees for services: Accounting | $89,463 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $144,568 |
| Advertising and promotion | $0 |
| Office expenses | $2,840 |
| Information technology | $86,115 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $62 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $139,602 |
| Interest | $467 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,108 |
| Insurance | $4,163 |
| All other expenses | $0 |
| Total functional expenses | $1,047,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,441,737 |
| Savings and temporary cash investments | $317,458 |
| Pledges and grants receivable | $587,443 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,621 |
| Net Land, buildings, and equipment | $14,485 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $2,377,744 |
| Accounts payable and accrued expenses | $101,320 |
| Grants payable | $0 |
| Deferred revenue | $98,316 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $199,636 |
| Net assets without donor restrictions | $1,335,127 |
| Net assets with donor restrictions | $842,981 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,377,744 |
Grants Awarded
Over the last fiscal year, Grantmakers In Aging Inc has awarded $156,971 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Sioux Falls, SD PURPOSE: HOME & HEART: SOAR | $59,081 |
Pierre, SD PURPOSE: HOME & HEART: SOAR | $52,390 |
Wasilla, AK PURPOSE: HOME & HEART: SOAR | $45,500 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Grantmakers In Aging Inc has recieved totaling $390,067.
| Awarding Organization | Amount |
|---|---|
Tufts Health Plan Foundation Inc Canton, MA PURPOSE: Fund the Future Matching Gifts | $60,000 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ PURPOSE: SUPPORT FOR THE 2022 ANNUAL CONFERENCE. | $50,000 |
St Davids Foundation Austin, TX PURPOSE: HEALTH ACCESS GRANT | $50,000 |
The Harry & Jeanette Weinberg Foundation Inc Owings Mills, MD PURPOSE: TO SUPPORT MEMBERSHIP DUES FOR THE PERIOD OF 1/1/2021 THROUGH 12/31/2021. | $50,000 |
The Mcgregor Foundation East Cleveland, OH PURPOSE: for the 2021 CONFERENCE | $30,000 |
Stupski Foundation San Francisco, CA PURPOSE: TO SUPPORT THE SERIOUS ILLNESS AND END-OF-LIFE CARE COLLABORATIVE. | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aging Services Of North Central Massachusetts Inc Leominster, MA | $14,624,606 | $19,675,001 |
Southwestern Pennsylvania Area Charleroi, PA | $3,794,920 | $18,303,240 |
Elder Services Of Berkshire County Inc Pittsfield, MA | $9,516,425 | $19,015,967 |
Health And Social Services Consortium Inc Sharon, MA | $5,836,726 | $15,789,545 |
Regional Aid For Interim Needs Inc Bronx, NY | $8,633,241 | $14,474,585 |
Southwestern Connecticut Agency On Aging Inc Bridgeport, CT | $5,636,957 | $14,605,418 |
Agency On Aging Of South Central Connecticut Inc North Haven, CT | $13,700,521 | $15,421,651 |
Lifespan Of Greater Rochester Inc Rochester, NY | $9,941,084 | $14,510,334 |
New York Foundation For Senior Citizens Inc New York, NY | $13,582,730 | $12,552,678 |
Greater Boston Chinese Golden Age Center Inc Boston, MA | $9,742,938 | $12,906,257 |
Dorot Inc New York, NY | $35,059,991 | $15,081,294 |
Blair Senior Services Inc Altoona, PA | $9,557,910 | $10,335,546 |