Aging Out Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 862008303 ✦ Harrisburg, PA ✦ Designated as a 501(c)(3)

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Overview

What is Aging Out Institute?

The Aging Out Institute is a 501(c)(3) nonprofit organization situated in Harrisburg, Pennsylvania, specifically at 4517 Laurelwood Drive. Their primary mission is to support youth transitioning out of foster care, connecting them with necessary resources and strategies to ensure a successful transition into adulthood. This is achieved through an annual awards program, where organizations across the nation that focus on this cause can apply for funding. In 2022, the institute distributed a total of 440,000 dollars to eight selected nonprofit organizations. The Aging Out Institute serves as a valuable resource for professionals working with foster youth, providing them with the tools needed to facilitate a smooth transition to independent living.


Official website here: www.agingoutinstitute.org

Is Aging Out Institute legitimate?

Aging Out Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aging Out Institute 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: $11,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.agingoutinstitute.org

What is the mission statement of Aging Out Institute?

The Aging Out Institute, a 501(c)(3) organization, is committed to aiding professionals who work with foster youth. Its mission is to provide them with necessary resources and strategies that facilitate the successful transition of foster youth from foster care into adulthood. The institute accomplishes this by connecting professionals with relevant resources, thereby enhancing the prospects of these youth as they navigate their way into independent living. In addition, the organization runs an annual awards program, where programs supporting youth aging out of foster care across the nation submit applications outlining their strategies. Judges who work with such youth then evaluate and score the applications, ultimately recognizing the winning organizations on the Aging Out Institute's website, press releases, and podcasts. Notably, in 2022, the organization distributed a total of 440,000 to eight different nonprofit organizations that support youth aging out of foster care.


Official website here: www.agingoutinstitute.org

What is the revenue of Aging Out Institute?

Aging Out Institute's revenue in 2023 was $531,056.


Official website here: www.agingoutinstitute.org

Who are the executives of Aging Out Institute and what are their salaries?

The average compensation at Aging Out Institute during 2023 was $11,600. There is 1 employee at Aging Out Institute.

Here are 5 key members and their salaries:


Barbara L Tonini (Presidentecect Dir)
  • Compensation: $11,600
  • Related: $0
  • Other: $0
Franco Vega (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Pierce (Treasuruer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tawnya Hansen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alixandra Moyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.agingoutinstitute.org

Where can I find the form 990 for Aging Out Institute?

Aging Out Institute's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.agingoutinstitute.org

Learn more at the official website: www.agingoutinstitute.org

Mission Statement of Aging Out Institute

The Aging Out Institute is a nonprofit organization, classified as a 501(c)(3), dedicated to a significant cause. Its mission lies in connecting professionals who work with foster youth with resources and strategic approaches that facilitate the successful transition of these youth from foster care into adulthood. The organization's primary objective is to provide these professionals with the tools necessary to assist foster youth in overcoming the challenges associated with aging out of the foster care system.

In essence, the Aging Out Institute serves as a bridge, connecting resources and strategies with the individuals who can make a tangible difference in the lives of foster youth. By doing so, the organization aims to empower these young adults to navigate their future with confidence and achieve success in their personal and professional lives. This overarching mission is achieved through various initiatives, including an annual awards program that recognizes and supports programs that focus on youth aging out of foster care. In 2022, the organization distributed a substantial amount, totaling 440,000 dollars, to eight different nonprofit organizations that share this commitment to supporting foster youth.

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Impact




July, 2024

Aging Out Institute's impact includes connecting professionals who work with foster youth with resources and strategies to help youth successfully transition out of foster care and into adulthood. The organization runs an annual awards program that recognizes programs supporting youth aging out of foster care nationwide. In 2022, Aging Out Institute distributed a total of $440,000 to eight different organizations that support this cause. Through initiatives like these, Aging Out Institute is making a significant difference in the lives of foster youth, providing them with essential support and guidance as they navigate the challenges of aging out of the foster care system.




This information is meant to be a general summary of Aging Out Institute. 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.

Revenue
$531,056 (2023)
Expenses
$523,348 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $417
  • Program Service Revenue: $14,540
  • Gross Receipts: $531,056

Assets and Liabilities:

  • Total Assets: $5,129
  • Total Liabilities: $0
  • Net Assets: $5,129

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AOI COMMUNITY ACCESS

Revenue

$14,540

Organization Details

Founding Year

2021

Principal Officer

Franco Vega

NTEE Category

Code: P30 - Human services

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