Overview
What is Services For Aging Inc?
Services For Aging Inc is a nonprofit organization committed to supporting senior citizens. Their mission is to enable senior citizens to live independently. They achieve this by implementing an age exchange program, allowing seniors to tutor and mentor struggling school children, thereby fostering intergenerational learning. Additionally, they provide on-site nutrition programs and deliver meals directly to seniors' homes, ensuring they have access to nutritious meals. This holistic approach aims to improve the quality of life for senior citizens, enabling them to maintain their independence.
Official website here: www.sfaconnection.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating on Charity Navigator)
Services For Aging Inc has received a high score of 96%, indicating a strong commitment to accountability and finance. This rating is derived entirely from the organization's performance in these areas, reflecting its effective governance and financial health. The organization boasts a fully independent board with 100% of its members being independent, which ensures unbiased oversight.
The financial management of Services For Aging Inc is particularly noteworthy, with an impressive program expense ratio of 87.93%. This suggests that a significant majority of its expenses are directed toward its programs rather than administrative costs. Additionally, the organization maintains a low liabilities to assets ratio of 14.37%, further demonstrating its financial stability and effective resource management.
While the data highlights robust governance and financial practices, it does not provide information on the direct impact of Services For Aging Inc's programs. However, their strong rating and high standards of accountability suggest they are well-positioned to support their mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Services For Aging Inc legitimate?
Services For Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Services For Aging Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $76,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $910,061
For more financial information, click here
Official website here: www.sfaconnection.org
What is the mission statement of Services For Aging Inc?
Services for Aging Inc. focuses on assisting senior citizens to lead independent lives. One of their initiatives involves an age exchange program, allowing elderly individuals to tutor and mentor younger students struggling academically, thereby fostering intergenerational bonding. Additionally, the organization provides on-site nutrition programs and home-delivered meals to support senior health and well-being. Their primary objective is to enable senior citizens to maintain their independence.
Official website here: www.sfaconnection.org
What is the revenue of Services For Aging Inc?
Services For Aging Inc's revenue in 2023 was $2,013,807.
Official website here: www.sfaconnection.org
Who are the executives of Services For Aging Inc and what are their salaries?
The average compensation at Services For Aging Inc during 2023 was $18,265. There are 54 employees and 150 volunteers at Services For Aging Inc.
Here are 11 key members and their salaries:
- Compensation: $76,249
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Official website here: www.sfaconnection.org
Where can I find the form 990 for Services For Aging Inc?
Services For Aging Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sfaconnection.org
Learn more at the official website: www.sfaconnection.org
Mission Statement of Services For Aging Inc
Services For Aging Inc, a reputable organization, is dedicated to aiding senior citizens in their quest to live independently. One of their key initiatives involves an age exchange program, where elderly individuals serve as tutors and mentors for younger schoolchildren who require assistance in excelling academically. This program not only benefits the children but also provides seniors with a sense of purpose and engagement.
Beyond the age exchange program, Services For Aging Inc offers a variety of services designed to support senior citizens in maintaining their independence. These include on-site nutrition programs, where seniors can enjoy nutritious meals, and home-delivered meals, ensuring that those who may find it challenging to leave their homes can still enjoy balanced meals. The organization's commitment to seniors' well-being extends beyond nutrition, as they also provide programs and resources to help them navigate their daily lives more easily.
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Impact
October, 2024
Services for Aging Inc has a profound impact on the community by enhancing the quality of life for senior citizens and fostering intergenerational connections. By implementing an age exchange program, seniors are empowered to share their knowledge and experiences, mentoring young students who may struggle academically. This not only supports the educational development of youth, but also instills a sense of purpose and engagement in older adults.
Additionally, the organization provides essential support through on-site nutrition programs and home-delivered meals, ensuring that seniors have access to healthy food options. These services play a critical role in enabling older individuals to live independently, promoting both their physical health and emotional well-being. Overall, Services for Aging Inc serves as a vital resource in Norwalk, OH, enriching lives across generations and fostering a thriving community.
This information is meant to be a general summary of Services For Aging Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $38,670
- Program Service Revenue: $569,740
- Gross Receipts: $2,017,271
Assets and Liabilities:
- Total Assets: $1,639,498
- Total Liabilities: $132,727
- Net Assets: $1,506,771
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SENIOR TRIPS REVENUE
Revenue
$386,948
CONTRACT ACCOUNTS REVENUE - T
Revenue
$35,619
NGA - CASH
Revenue
$35,203
FARES
Revenue
$30,892
MEALS CONTRACT
Revenue
$28,833
Organization Details
Founding Year
1972
Principal Officer
Steve Beal
Website
www.sfaconnection.orgNTEE Category
Code: P81Z - Human services
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