Overview
What is The Age Friendly Foundation Inc?
The Age Friendly Foundation Inc, operating under the name The Age Friendly Institute Inc, is a Massachusetts-based nonprofit organization situated at 204 Second Avenue, Waltham. Their primary mission is to drive innovation that simplifies the aging process. They achieve this through various means, including education, research, advocacy, and support. One of their notable initiatives is the Certified Age Friendly Employers (CAFE) program, which recognizes employers that demonstrate a commitment to fairly consider older workers for suitable positions, free from discrimination. This information is openly accessible to the public at no cost. With a dedicated team of one employee, The Age Friendly Foundation Inc is dedicated to enhancing the lives of older individuals, advocating for their rights, and promoting an inclusive work environment.
Official website here: www.institute.agefriendly.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47% (Zero-Star out of Four Star rating)
The Age Friendly Foundation Inc received a zero-star rating from Charity Navigator, indicating significant concerns regarding its financial transparency and accountability. The overall score is calculated solely from the Accountability & Finance beacon, highlighting a need for improvement in its financial management practices. While the organization scores well in areas such as having a majority independent board and maintaining essential policies, it has been penalized for its high liabilities to assets ratio and low program expense ratio.
Strengths identified include a complete independent board and adherence to various governance policies, which shows a commitment to ethical practices. However, the organization has not demonstrated sufficient program expenses relative to its total expenditures, suggesting that a minimal portion of its funds is directed towards its mission-driven activities. Furthermore, the absence of its tax form on the nonprofit's website raises transparency issues that may concern potential donors.
Overall, while The Age Friendly Foundation Inc has established a framework of policies that exhibit accountability, its financial ratios indicate challenges in effectively allocating resources towards its programs. This zero-star rating serves as a critical reminder for the organization to address these weaknesses to enhance its credibility and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Age Friendly Foundation Inc legitimate?
The Age Friendly Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Age Friendly Foundation 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: $40,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.institute.agefriendly.org/
What is the mission statement of The Age Friendly Foundation Inc?
The Age Friendly Foundation Inc's mission is centered around fostering innovation to simplify the aging process. They achieve this through various means, including education, research, support, and advocacy. The organization's primary goal is to make aging easier for individuals. To accomplish this, they actively promote and recognize employers who demonstrate a commitment to fairly consider older workers for employment opportunities and avoid discrimination. This information is publicly accessible, marking these employers as Certified Age Friendly Employers (CAFE).
Official website here: www.institute.agefriendly.org/
Who is the CEO of The Age Friendly Foundation Inc?
Timothy Driver is the Director of The Age Friendly Foundation Inc.
Official website here: www.institute.agefriendly.org/
What is the revenue of The Age Friendly Foundation Inc?
The Age Friendly Foundation Inc's revenue in 2022 was $34,767.
Official website here: www.institute.agefriendly.org/
Who are the executives of The Age Friendly Foundation Inc and what are their salaries?
The average compensation at The Age Friendly Foundation Inc during 2022 was $40,001. There is 1 employee at The Age Friendly Foundation Inc.
Here are 7 key members and their salaries:
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- Other: $230,000
- Compensation: $40,001
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- Other: $16,627
Official website here: www.institute.agefriendly.org/
Where can I find the form 990 for The Age Friendly Foundation Inc?
The Age Friendly Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.institute.agefriendly.org/
Learn more at the official website: www.institute.agefriendly.org/
Mission Statement of The Age Friendly Foundation Inc
The Age Friendly Foundation Inc, in its mission, aims to stimulate innovation that simplifies the aging process. This is accomplished through various means including education, research, support, and advocacy. The organization's primary objective is to make aging more manageable, thereby enhancing the quality of life for individuals as they grow older.
In essence, The Age Friendly Foundation Inc functions as a catalyst for change, fostering an environment that encourages the development and implementation of strategies that make aging easier. This is achieved by providing resources, conducting research, and advocating for policies that support older adults. Moreover, the foundation offers support to individuals and organizations that share its vision, working together to create a more age-friendly society.
An integral part of The Age Friendly Foundation Inc's mission is its Certified Age Friendly Employers (CAFE) program. This initiative recognizes employers that demonstrate a commitment to treating older workers fairly and without discrimination. By identifying and certifying these employers, the foundation seeks to make it easier for older workers to secure employment and contribute to the workforce, thereby enhancing societal well-being as a whole.
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Impact
August, 2024
The Age Friendly Foundation Inc fuels innovation that makes aging easier through education, research, support, and advocacy. They administer a program that identifies and certifies employers as Certified Age Friendly Employers (CAFE), ensuring older workers are considered for employment free from discrimination. By making the names of these employers public at no cost, they are advancing inclusivity and equality in the workforce. Their impact lies in bridging the gap between older workers and employment opportunities, promoting a more age-friendly society.
This information is meant to be a general summary of The Age Friendly Foundation 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 2022.
- Program Service Revenue: $20,888
- Gross Receipts: $167,508
Assets and Liabilities:
- Total Assets: $349,610
- Total Liabilities: $322,457
- Net Assets: $27,153
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAFE Program Revenue
Revenue
$20,888
Organization Details
Founding Year
2019
Phone
(781) 801-4487Principal Officer
Timothy Driver
Main Address
204 Second Avenue, Waltham, MA, 02451
NTEE Category
Code: P80 - Human services
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