Aging Out Institute
- Assets
- $12.8k
- Revenue
- $531.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Harrisburg, PA
- Founding
- Data as of
- 12/2023
- EIN
- 86-2008303
Organization Overview
Aging Out Institute is located in Harrisburg, PA. According to its NTEE Classification (P30) the organization is classified as: Children & Youth 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. Aging Out Institute 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 12/2023, Aging Out Institute generated $531.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $523.3k during the year ending 12/2023. While expenses have increased by 6.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Aging Out Institute has awarded 26 individual grants totaling $1,358,699. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AGING OUT INSTITUTE IS A 501(C)(3) ORGANIZATION DEDICATED TO CONNECTING PROFESSIONALS WHO WORK WITH FOSTER YOUTH WITH RESOURCES AND STRATEGIES THAT HELP YOUTH AGE OUT OF FOSTER CARE AND INTO ADULTHOOD SUCCESSFULLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AOI AWARDS PROGRAM: THE ORGANIZATION RUNS AN ANNUAL AWARDS PROGRAM IN WHICH ANY PROGRAMS THAT SUPPORT YOUTH AGING OUT OF FOSTER CARE THROUGHOUT THE COUNTRY CAN SUBMIT AN APPLICATION THAT DESCRIBES TEIR PROGRAMS STRATEGIES. JUDGES THAT WORK WITH YOUTH AGING OUT OF CARE THEN REVIEW AND SCORE THE APPLICATIONS AND SELECT THE WINNERS, WHO ARE RECOGNIZED ON THE AOI WEBSITE THROUGH PRESS RELEASES AND ON PODCASTS. IN 2023, THE ORGANIZATION DISTRIBUTED A TOTAL OF $460,500 TO XX DIFFERENT NONPROFIT ORGANIZATIONS THAT SUPPORT YOUTH AGING OUT OF FOSTER CARE.
AOI PODCASTS AND LEARNING: THE ORGANIZATION PUBLISHED 23 PODCAST EPISODES IN THE SERIES PREPARING FOSTER YOUTH FOR ADULTING.
AOI COMMUNITY: THE ORGANIZATION LAUCHED ITS NEW ONLINE COMMUNITY LAST YEAR. THE ONLINE COMMUNITY IS FOR ORGANIZATIONS AND INDIVIDUALS WHO WORK WITH AND SUPPORT FOSTER YOUTH AND/OR YOUTH WHO HAVE AGED OUT OF CARE. THE COSTS FOR THIS ONLINE COMMUNITY INITATIVE IN 2023 WERE XX,XXX.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara L Tonini Presidentecect Dir | OfficerTrustee | 15 | $11,600 |
Franco Vega Secretary | OfficerTrustee | 1 | $0 |
Richard Pierce Treasuruer | OfficerTrustee | 1 | $0 |
Tawnya Hansen Board Member | Officer | 1 | $0 |
Alixandra Moyer Board Member | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $99 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $516,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $516,099 |
| Total Program Service Revenue | $14,540 |
| Investment income | $417 |
| 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 | $531,056 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $460,500 |
| 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. | $11,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $798 |
| Fees for services: Management | $1,578 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,669 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,063 |
| Advertising and promotion | $5,398 |
| Office expenses | $5,381 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,361 |
| All other expenses | $0 |
| Total functional expenses | $523,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,211 |
| Savings and temporary cash investments | $0 |
| 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 | $626 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,837 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $12,837 |
| 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 | $12,837 |
Grants Awarded
Over the last fiscal year, Aging Out Institute has awarded $411,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHAIR-ITY INC | | | $41,000 |
FOSTER PROGRESS | | | $8,000 |
JOHN MUIR LAND TRUST | | | $40,000 |
KIDS IN THE SPOTLIGHT | | | $51,000 |
LIFE SKILLS FOUNDATION | | | $41,000 |
OHIO CHILDRENS ALLIANCE | | | $90,000 |