Civic Intelligence

Grantmakers in Aging Inc.

990 • Fiscal year 2022 • EIN 13-4014982

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 02, 2023

333 Mamaroneck Avenue 238White Plains, NY 10605

(703) 413-0413

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.11x

Higher debt load relative to assets than 58% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.16x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

24th percentile

-6.6%

Higher net margin than 24% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$256,836

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

39th percentile

-2.1%

Faster asset growth than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-7.1%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,328,704

Down $49,040 (-2.1%) from 2021

Net Assets

Down

$2,071,318

Down $106,790 (-4.9%) from 2021

Liabilities

Up

$257,386

Up $57,750 (+29%) from 2021

Revenue

Down

$1,620,901

Down $123,194 (-7.1%) from 2021

Expenses

Up

$1,727,691

Up $680,102 (+65%) from 2021

Net Income

Down

-$106,790

Down $803,296 (-115%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $997,802Liabilities 2010: $226,645Net Assets 2010: $771,1572010Assets 2011: $813,974Liabilities 2011: $94,895Net Assets 2011: $719,0792011Assets 2012: $1,801,609Liabilities 2012: $126,951Net Assets 2012: $1,674,6582012Assets 2013: $1,682,145Liabilities 2013: $125,470Net Assets 2013: $1,556,6752013Assets 2014: $2,939,785Liabilities 2014: $204,547Net Assets 2014: $2,735,2382014Assets 2015: $2,480,102Liabilities 2015: $183,669Net Assets 2015: $2,296,4332015Assets 2016: $1,742,231Liabilities 2016: $219,734Net Assets 2016: $1,522,4972016Assets 2017: $1,448,810Liabilities 2017: $297,905Net Assets 2017: $1,150,9052017Assets 2018: $924,630Liabilities 2018: $237,497Net Assets 2018: $687,1332018Assets 2019: $1,352,374Liabilities 2019: $123,086Net Assets 2019: $1,229,2882019Assets 2020: $1,690,061Liabilities 2020: $208,459Net Assets 2020: $1,481,6022020Assets 2021: $2,377,744Liabilities 2021: $199,636Net Assets 2021: $2,178,1082021Assets 2022: $2,328,704Liabilities 2022: $257,386Net Assets 2022: $2,071,3182022Assets 2023: $2,481,115Liabilities 2023: $230,318Net Assets 2023: $2,250,7972023Assets 2024: $3,021,330Liabilities 2024: $331,478Net Assets 2024: $2,689,8522024

Highlighted filing

2022

Assets$2,328,704
Liabilities$257,386
Net Assets$2,071,318

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,172,3772010Expenses 2011: $1,247,9542011Expenses 2012: $1,680,5072012Revenue 2013: $2,146,152Expenses 2013: $2,134,135Net Income 2013: $12,0172013Revenue 2014: $3,795,385Expenses 2014: $2,616,822Net Income 2014: $1,178,5632014Revenue 2015: $2,091,317Expenses 2015: $2,530,122Net Income 2015: -$438,8052015Revenue 2016: $968,740Expenses 2016: $1,742,676Net Income 2016: -$773,9362016Revenue 2017: $1,528,890Expenses 2017: $1,900,482Net Income 2017: -$371,5922017Revenue 2018: $1,209,096Expenses 2018: $1,672,868Net Income 2018: -$463,7722018Revenue 2019: $1,973,631Expenses 2019: $1,431,476Net Income 2019: $542,1552019Revenue 2020: $1,536,611Expenses 2020: $1,284,297Net Income 2020: $252,3142020Revenue 2021: $1,744,095Expenses 2021: $1,047,589Net Income 2021: $696,5062021Revenue 2022: $1,620,901Expenses 2022: $1,727,691Net Income 2022: -$106,7902022Revenue 2023: $2,036,121Expenses 2023: $1,908,346Net Income 2023: $127,7752023Revenue 2024: $2,573,979Expenses 2024: $2,153,958Net Income 2024: $420,0212024

Highlighted filing

2022

Revenue$1,620,901
Expenses$1,727,691
Net Income-$106,790
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 2, 2023
Return Version
2022v5.0
Gross Receipts
$1,620,901
Mission and Program Overview

Mission

Gia is an inclusive and responsive membership organization comprised of all types of philanthropies, with a common dedication to improving the experience of aging in america, especially for persons who are vulnerable. (continued on schedule o) gia members have a shared recognition that a society that is better for older adults is a society that is better for people of all ages. Gia works to achieve its vision of a better society for older adults and people through leadership, community building, education, and partnerships.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,441,737$1,314,304▼ $127,433
Savings and Temporary Cash Investments$317,458$722,794▲ $405,336
Pledges and Grants Receivable$587,443$236,000▼ $351,443
Land, Buildings, and Equipment, Net$14,485$44,431▲ $29,946
Prepaid Expenses and Deferred Charges$11,621$3,675▼ $7,946
Total Assets$2,377,744$2,328,704▼ $49,040
Other Assets Total$5,000$7,500▲ $2,500
Liabilities
Deferred Revenue$98,316$146,821▲ $48,505
Accounts Payable and Accrued Expenses$101,320$110,565▲ $9,245
Total Liabilities$199,636$257,386▲ $57,750
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,335,127$1,358,071▲ $22,944
Net Assets With Donor Restrictions$842,981$713,247▼ $129,734
Total Net Assets Fund Balance$2,178,108$2,071,318▼ $106,790
Total Liabilities and Net Assets / Fund Balance$2,377,744$2,328,704▼ $49,040

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$35,914$181,159$217,073
Equipment$8,517$2,056$10,573
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lindsay GoldmanChief Executive OfficerFT$232,300$24,536$256,836

Board Members and Trustees

NameTitle
Susan AlthansChair
Andrew LevackVice Chair
Amber SlichtaDirector
Amber TalburtDirector
Dianne OliverDirector
Earl MillettDirector
Jasmine LacsamanaDirector
Kelly KentDirector
Phillip GonzalezDirector
Rani SnyderDirector
Trent StampDirector
Vyan NguyenDirector
Peggy MaguireSecretary
Vincent TilfordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,148,526
Program Service Revenue
$466,222
Investment Income
$5,939
Other Revenue
$214
All Other Contributions
$1,148,526
Change in Net Assets
$-106,790

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,620,901
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$6,500
Total Revenue per Audited Statements
$1,627,401
Total Revenue per Form 990
$1,620,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$809,333
Salaries, Compensation, and Employee Benefits$632,006
Grants and Similar Amounts Paid$286,352
Total Fundraising Expense$174,581
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$352,224$708$832$353,764
Grants to Domestic Orgs$286,352--$286,352
Other Salaries and Wages$98,350$60,741$114,597$273,688
Current Officers, Directors, Trustees, and Key Employees$200,332$56,504-$256,836
Fees for Services Other$143,338$16,324$19,197$178,859
Fees for Services Accounting-$123,544-$123,544
Other Employee Benefits$33,082$13,035$12,862$58,979
Information Technology$38,447$7,802$8,460$54,709
Travel$14,616$38,258-$52,874
Payroll Taxes$19,318$7,612$7,511$34,441
Office Expenses$5,472$3,171$2,010$10,653
Depreciation Depletion$4,666$1,838$1,815$8,319
Pension Plan Contributions$3,419$1,787$2,856$8,062
Fees for Services Legal$3,741$575$676$4,992
Insurance$1,707$1,594$664$3,965
All Other Expenses$395$142$140$677
Other Expenses$118$111$46$275
Total Functional Expenses$1,213,074$340,036$174,581$1,727,691

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,734,191
Expenses per Audited Statements$1,727,691
Total Expenses per Form 990$1,727,691
Expenses Not Reported on Form 990$6,500
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community CatalystBoston, MA501(c)(3)Changing Care Conversion Project$90,048
University of Massachusetts BostonBoston, MA501(c)(3)Changing Care Conversion Project$26,304
University of Southern CaliforniaLos Angeles, CA501(c)(3)Changing Care Conversion Project$20,000
AgeoptionsOak Park, IL501(c)(3)Changing Care Conversion Project$15,000
Aging Services Council of Central TexasAustin, TX501(c)(3)Changing Care Conversion Project$15,000
Arizona Caregiver CoalitionPhoenix, AZ501(c)(3)Changing Care Conversion Project$15,000
Family Caregiver Collaborative(utah)Salt Lake City, UTN/aChanging Care Conversion Project$15,000
Hawaii Family Caregiver CoalitionHonolulu, HI501(c)(3)Changing Care Conversion Project$15,000
New York State Caregiving and RespiteRochester, NYN/aChanging Care Conversion Project$15,000
North Carolina Coalition on AgingRaleigh, NC501(c)(3)Changing Care Conversion Project$15,000
Southeast Michigan Senior Regional CollaborativeDetroit, MI501(c)(3)Changing Care Conversion Project$15,000
Usc Family Caregiver Support CenterLos Angeles, CA501(c)(3)Changing Care Conversion Project$15,000
Wisconsin Aging Advocacy NetworkMadison, WI501(c)(3)Changing Care Conversion Project$15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Membership in grantmakers in aging is open to any grantmaking institution, private foundation or donor interested in issues of aging.

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by gia's audit firm and is reviewed by gia staff, outsourced accountants, and the audit committee. Prior to filing, a copy of the 990 was made available to all board members.

Form 990, Part VI, Section B, Line 12C

Board and staff annually complete a conflict of interest form. In case of a conflict or the appearance thereof, it is the responsibility of the gia board, committee or staff member to disclose the conflict prior to making any related decision. Once a disclosure has been made in cases involving the board or committees, the remaining board or committee members determine whether or not there is a potential conflict of interest. In the case involving staff, the gia president (or, if the president has the potential of conflict, the board) determines whether or not there is potential conflict of interest. For the board and committees, if a conflict of interest is present, the director or committee member involved does not vote, but remains in the room to answer questions of a factual nature that may assist the board or committee in its deliberations.

Form 990, Part VI, Section B, Line 15A

The compensation for the top management official was determined by the executive committee and reviewed by the chairman. Comparable data was used in the process and a deliberation was conducted and documented in the board minutes. The last compensation review took place in december 2022.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Grantmakers in Aging Inc
EIN
13-4014982
Phone
7034130413
Address
333 MAMARONECK AVENUE 238, WHITE PLAINS, NY 10605

Signing Officer

Name
Lindsay Goldman
Title
CEO
Phone
7034130413
Signed
2023-08-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lindsay Goldman
Formed
1998
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
5
Volunteers
22

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Richard J Locastro CPA
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other consultants: program service expenses 32,989. Management and general expenses 5,070. Fundraising expenses 5,962. Total expenses 44,021. Program consultants: program service expenses 37,124. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,124. Hr consultants: program service expenses 8,111. Management and general expenses 1,247. Fundraising expenses 1,466. Total expenses 10,824. Communication consultants: program service expenses 65,114. Management and general expenses 10,007. Fundraising expenses 11,769. Total expenses 86,890.

Financial Statement Notes

PART X, LINE 2:

For the years ended december 31, 2022 and 2021, gia has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.

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IRS990/Desc0GRANTMAKERS IN AGING SERVES AS A NETWORK AND RESOURCE FOR FUNDERS AND A CHAMPION FOR AGING-RELATED ISSUES AND INVESTMENTS. AS THE HUB OF THE AGING PHILANTHROPY ECOSYSTEM, WE DEVELOP AND DISSEMINATE CONTENT AND PROVIDE DUES-PAYING MEMBERS WITH NETWORKING OPPORTUNITIES. IN 2022, WE SERVED 125 MEMBERS, HOSTED 8 WEBINARS OPEN TO THE GENERAL PUBLIC AND 10 MEMBER-ONLY MEETUPS, FACILITATED 6 FUNDERS COMMUNITIES, PROVIDED 287 1:1 CONSULTATIONS, PUBLISHED 2 ISSUE BRIEF AND 11 NEWSLETTERS, AND HOSTED AN ANNUAL CONFERENCE WITH 160 PARTICIPANTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF EXECUTIVE OFFICER
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0GIA IS AN INCLUSIVE AND RESPONSIVE MEMBERSHIP ORGANIZATION COMPRISED OF ALL TYPES OF PHILANTHROPIES, WITH A COMMON DEDICATION TO IMPROVING THE EXPERIENCE OF AGING IN AMERICA, ESPECIALLY FOR PERSONS WHO ARE VULNERABLE. (CONTINUED ON SCHEDULE O) GIA MEMBERS HAVE A SHARED RECOGNITION THAT A SOCIETY THAT IS BETTER FOR OLDER ADULTS IS A SOCIETY THAT IS BETTER FOR PEOPLE OF ALL AGES. GIA WORKS TO ACHIEVE ITS VISION OF A BETTER SOCIETY FOR OLDER ADULTS AND PEOPLE THROUGH LEADERSHIP, COMMUNITY BUILDING, EDUCATION, AND PARTNERSHIPS.
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03171
IRS990/OfficeExpensesGrp/ProgramServicesAmt05472
IRS990/OfficeExpensesGrp/TotalAmt010653
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt033082
IRS990/OtherEmployeeBenefitsGrp/TotalAmt058979
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1PROF. DEVELOPMENT
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IRS990/OtherExpensesGrp/FundraisingAmt1655
IRS990/OtherExpensesGrp/FundraisingAmt2511
IRS990/OtherExpensesGrp/FundraisingAmt346
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2518
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IRS990/OtherExpensesGrp/ProgramServicesAmt11684
IRS990/OtherExpensesGrp/ProgramServicesAmt21315
IRS990/OtherExpensesGrp/ProgramServicesAmt3118
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IRS990/OtherExpensesGrp/TotalAmt13912
IRS990/OtherExpensesGrp/TotalAmt22344
IRS990/OtherExpensesGrp/TotalAmt3275
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IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM SERVICES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1129853
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1129853
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt220625
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IRS990/PYTotalExpensesAmt01047589
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-106790
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0466222
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0317458
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0722794
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.33$2.69$2.57$2.15$0.42
2023Summary only. Only limited summary data is available for this year.$2.48$0.23$2.25$2.04$1.91$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.33$0.26$2.07$1.62$1.73$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.38$0.20$2.18$1.74$1.05$0.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.21$1.48$1.54$1.28$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.12$1.23$1.97$1.43$0.54
2018Summary only. Only limited summary data is available for this year.$0.92$0.24$0.69$1.21$1.67$0.46
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.30$1.15$1.53$1.90$0.37
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.22$1.52$0.97$1.74$0.77
2015Detailed filing. Detailed filing data is available for this year.$2.48$0.18$2.30$2.09$2.53$0.44
2014Summary only. Only limited summary data is available for this year.$2.94$0.20$2.74$3.80$2.62$1.18
2013Summary only. Only limited summary data is available for this year.$1.68$0.13$1.56$2.15$2.13$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.13$1.67$1.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.09$0.72$1.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.23$0.77$1.17
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $1M-$5M nonprofits