Bay Area Older Adults Inc
- Assets
- $572.6k
- Revenue
- $203.6k
- Investments
- $0.0
- Employees
- 1
- Location
- San Jose, CA
- Founding
- 08/2009
- Data as of
- 09/2023
- EIN
- 80-0286918
Organization Overview
Bay Area Older Adults Inc is located in San Jose, CA. The organization was established in 2009. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Area Older Adults 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 09/2023, Bay Area Older Adults Inc generated $203.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $181.7k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER ADULTS OF ALL ABILITIES TO TAKE CHARGE OF THEIR HEALTH, EMBRACE DIVERSITY, AND BECOME CHANGE AGENTS FOR ENVIRONMENTAL SUSTAINABILITY. PLEASE REFER TO NOTES IN SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIVING PROGRAM: HEALTH EDUCATION, CULTURAL LEARNING, SOCIALIZATION AND PHYSICAL ACTIVITY PROGRAMS AND RESOURCES FOR ADULTS OF ALL ABILITIES. ACCOMPLISHMENTS: THIS YEAR BAO SERVED MORE THAN 1.8 M OLDER, DISABLED AND LOW-INCOME ADULTS AND THEIR CAREGIVERS THROUGH A PORTFOLIO OF NOVEL OUTDOOR, EDUCATIONAL, CULTURAL AND EVIDENCE-BASED SOCIALIZATION PROGRAMS. THE GOALS OF THE PROGRAMS ARE TO PREVENT FUTURE ILLNESSES, STABILIZE EXISTING CHRONIC CONDITIONS AND CREATE A HEALTHY ENVIRONMENT FOR ALL OF US TO LIVE. WE PARTNERED WITH VISTA CENTER FOR THE BLIND AND ALZHEIMER'S ASSOCIATION TO PROVIDE THEIR CLIENTS NOVEL MULTISENSORY PROGRAMS. BAO OUTPERFORMED ON EVERY MEASURE AND RECEIVED VERY POSITIVE QUALITATIVE FEEDBACK FROM CLIENTS. PLEASE REFER TO OUR ANNUAL REPORT THAT CAN BE FOUND HERE HTTPS://WWW.BAYAREAOLDERADULTS.ORG/CONTENT/FY2022-2023_BAO_ANNUAL_REPORT.PDF AN ESTIMATE OF THE VALUE OF DONATED SERVICES IS MORE THAN $400,000. THIS AMOUNT INCLUDES 1 FULL TIME VOLUNTEER EXECUTIVE DIRECTOR, 21 VOLUNTEER HIKE GUIDES, 15 SOFTWARE ENGINEERS, 1 VIDEOGRAPHER, 2 GRAPHIC ARTISTS, 3 VOLUNTEER LECTURERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Nusrat Khaleeli Chief Operating Officer | Officer | 50 | $60,000 |
Dr Anne Ferguson Executive Director And Member Of The Board | OfficerTrustee | 50 | $0 |
Huong Thu Trinh Cfo. Treasurer | Officer | 0 | $0 |
Dr Kevin Sato Secretary | Officer | 0 | $0 |
John Przypek Member Of The Board | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,898 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,704 |
| Noncash contributions included in lines 1a–1f | $2,785 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,602 |
| Total Program Service Revenue | $56,071 |
| Investment income | $18,770 |
| 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 | $203,590 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $37,500 |
| Other employee benefits | $6,477 |
| Payroll taxes | $4,590 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,250 |
| Advertising and promotion | $0 |
| Office expenses | $4,064 |
| Information technology | $1,192 |
| Royalties | $0 |
| Occupancy | $22,343 |
| Travel | $11,519 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,820 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,426 |
| All other expenses | $0 |
| Total functional expenses | $181,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,380 |
| Savings and temporary cash investments | $13,136 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $492,045 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $572,561 |
| Accounts payable and accrued expenses | $3,839 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $354,700 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $358,539 |
| Net assets without donor restrictions | $214,022 |
| Net assets with donor restrictions | $0 |
| 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 | $572,561 |