Liabilities / Assets
51st percentile
Higher debt load relative to assets than 51% of similar nonprofits.
EIN 31-1622556 • 501(c)3 • New York, NY
Profile
To improve the health, independence, and quality of life of all older people. All older adults and caregivers will be empowered to actively participate in health care and decision-making.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
51st percentile
Higher debt load relative to assets than 51% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Assets
Up$978,768
Up $81,750 (+9.1%) from 2023
Liabilities
Up$17,774
Up $6,719 (+61%) from 2023
Net Assets
Up$960,994
Up $75,031 (+8.5%) from 2023
Revenue
Up$84,443
Up $5,638 (+7.2%) from 2023
Expenses
Down$50,169
Down $39,524 (-44%) from 2023
Net Income
Up$34,274
Up $45,162 (+415%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To improve the health, independence, and quality of life of all older people. All older adults and caregivers will be empowered to actively participate in health care and decision-making.
To improve the health, independence and quality of life of all older people. All older adults and caregivers will be empowered to actively participate in health care and decision-making.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $799,371 | $877,249 | ▲ $77,878 |
| Cash and Non-Interest-Bearing Accounts | $36,794 | $69,254 | ▲ $32,460 |
| Pledges and Grants Receivable | $22,730 | $13,630 | ▼ $9,100 |
| Accounts Receivable | $7,508 | $11,841 | ▲ $4,333 |
| Savings and Temporary Cash Investments | $30,615 | $6,794 | ▼ $23,821 |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Land, Buildings, and Equipment, Net | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $897,018 | $978,768 | ▲ $81,750 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $11,055 | $17,774 | ▲ $6,719 |
| Total Liabilities | $11,055 | $17,774 | ▲ $6,719 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $567,465 | $581,000 | ▲ $13,535 |
| Net Assets With Donor Restrictions | $318,498 | $379,994 | ▲ $61,496 |
| Total Net Assets Fund Balance | $885,963 | $960,994 | ▲ $75,031 |
| Total Liabilities and Net Assets / Fund Balance | $897,018 | $978,768 | ▲ $81,750 |
| Name | Title |
|---|---|
| Jan Busby-whitehead Md Agsf | Chair |
| Jerry Johnson MD A | Vice Chair (former) |
| F Michael Gloth Iii Md Facp | Director |
| James Pacala Md Ms | Director |
| Lynn Spragens Mba | Director |
| Sharon Brangman Md Agsf | Director |
| Joseph G Ouslander Md Agsf | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $32,819 |
| Grants and Similar Amounts Paid | $17,350 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $17,350 | - | - | $17,350 |
| Fees for Services Accounting | - | $17,000 | - | $17,000 |
| Fees for Services Management | $9,770 | $730 | - | $10,500 |
| Fees for Services Other | $2,303 | $850 | - | $3,153 |
| Office Expenses | - | $2,166 | - | $2,166 |
| Total Functional Expenses | $29,423 | $20,746 | $0 | $50,169 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $50,169 |
| Total Expenses per Audited Statements | $50,169 |
| Total Expenses per Form 990 | $50,169 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The American Geriatrics Society provides staff support in-kind to the AGS health in Aging Foundation. The HiAF Board determines the strategies that the HiAF uses to advance its mission (public education, named awards, and trainee support) and oversees the work of the AGS staff to advance these strategies.”
“Management reviewed the draft Form 990 with the Audit Committee and provided any edits to the tax preparer. After this process was performed, the Form 990 was sent to the full Board of Directors prior to being filed with the IRS.”
“Board of directors, committee members, and others acting on behalf of the organization must complete a conflict-of-interest disclosure form. Completion is required annually or as needed if an individual's circumstances change. Conflicts are disclosed in writing at board and committee meetings and attendees are asked to disclose any additional conflicts at the start of any meeting.”
“Available on our website.”
“The health in aging foundation has a formal policy that outlines the grant selection process. This includes submission of an application, proposal and budget that is reviewed by a grant selection committee. Upon approval, all grants require periodic expense reports compared with the approved budget and written program status reports. These reports are reviewed and approved by the program manager prior to hiaf dispensing additional grant funding.”
“4a. Awards and Travel Stipends ($17,350)The Health in Aging Foundation supports health professional trainees through travel stipends and also recognizes distinguished achievements in the field through awards programs. In 2024, the Health in Aging Foundation supported the following: The Rising Star Fund provides travel stipends to support health professional trainees who are invited to attend the American Geriatrics Society's Annual Scientific Meeting. Trainees who attend the Annual Meeting have the opportunity to interact with geriatrics professionals from a range of disciplines and to learn about cutting edge research, innovations in clinical care, and educational and career opportunities. The Health in Aging Foundation New Investigator Awards are presented to Individuals whose original research, as presented in a submitted abstract for an AGS Annual Scientific Meeting, reflects new and relevant research in Geriatrics. The award is designed to recognize individuals who are committed to a career in aging research. The Jeffrey H. Silverstein Memorial Award for Emerging Investigators in the Surgical and Related Medical Specialties recognizes emerging investigators whose research is focused on the role of geriatrics expertise in their specialties, and who are committed to careers in aging research. The Thomas and Catherine Yoshikawa Award for Outstanding Scientific Achievement in Clinical Investigation recognizes emerging geriatrics scholars who represent the early promise of the Yoshikawa's illustrious career. We did not present the Arti Hurria Memorial Award for Emerging Investigators in Internal Medicine in 2024. This award recognizes individuals who are focused on the care of older adults supports the next generation of clinician investigators in internal medicine who are dedicating their careers to improving care of older adults through a research career focused on aging.”
“Consulting Services: - Program $2,303 - Mgmt/General $850”
“Yes”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | Awards and Travel StipendsThe Health in Aging Foundation supports health professional trainees through travel stipends and also recognizes distinguished achievements in the field through four award programs. In 2024, the Health in Aging Foundation provide stipends to rising Geriatrics Fellows to attend the virtual AGS Annual Scientific meeting; funded four new investigator awardees; and made two named awards (Yoshikawa and Silverstein). See schedule O for more details on the AGS Awards program. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Public Education MaterialsHealthinAging.org is the Health in Aging Foundations public education portal, providing older adults and caregivers with up-to-date information on health and agingas well as access to a network of geriatrics healthcare professionals. Overseen by experts on caring for older adults, HealthinAging.org content is based on resources that the American Geriatrics Society has developed for its professional members. This program also includes $112,627 in in-kind management support from the American Geriatrics Society (AGS). This reflects that the AGS manages the development of public education materials which are based on AGS products. |
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| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | New Investigator Award |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 1 | Rising Star Award |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | The Health in Aging Foundation has formal policies that outline eligibility criteria for the stipend and award programs, as well as selection processes. The awards process is managed through the American Geriatrics Society (AGS) Annual Scientific Meetings Abstract Selection Committee, which includes the submission of an application, research abstract, bio sketch, applicant letter, a letter of recommendation, and a summary of achievements. The Rising Star trainee stipends program is also managed by the AGS Abstract Selection Committee and involves the submission of a research abstract which is scored by the committee.In instances where the foundation is making a grant, the Health in Aging Foundation has a formal policy that outlines the grant selection process. This includes submission of an application, proposal and budget that is reviewed by a grant selection committee. Upon approval, all grants require periodic expense reports compared with the approved budget and written program status reports. These reports are reviewed and approved by the program manager prior to HiAF dispensing any additional grant funding. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Additional Supplemental Information |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The American Geriatrics Society provides staff support in-kind to the AGS health in Aging Foundation. The HiAF Board determines the strategies that the HiAF uses to advance its mission (public education, named awards, and trainee support) and oversees the work of the AGS staff to advance these strategies. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Management reviewed the draft Form 990 with the Audit Committee and provided any edits to the tax preparer. After this process was performed, the Form 990 was sent to the full Board of Directors prior to being filed with the IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Board of directors, committee members, and others acting on behalf of the organization must complete a conflict-of-interest disclosure form. Completion is required annually or as needed if an individual's circumstances change. Conflicts are disclosed in writing at board and committee meetings and attendees are asked to disclose any additional conflicts at the start of any meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Available on our website. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE HEALTH IN AGING FOUNDATION HAS A FORMAL POLICY THAT OUTLINES THE GRANT SELECTION PROCESS. THIS INCLUDES SUBMISSION OF AN APPLICATION, PROPOSAL AND BUDGET THAT IS REVIEWED BY A GRANT SELECTION COMMITTEE. UPON APPROVAL, ALL GRANTS REQUIRE PERIODIC EXPENSE REPORTS COMPARED WITH THE APPROVED BUDGET AND WRITTEN PROGRAM STATUS REPORTS. THESE REPORTS ARE REVIEWED AND APPROVED BY THE PROGRAM MANAGER PRIOR TO HIAF DISPENSING ADDITIONAL GRANT FUNDING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 4a. Awards and Travel Stipends ($17,350)The Health in Aging Foundation supports health professional trainees through travel stipends and also recognizes distinguished achievements in the field through awards programs. In 2024, the Health in Aging Foundation supported the following: The Rising Star Fund provides travel stipends to support health professional trainees who are invited to attend the American Geriatrics Society's Annual Scientific Meeting. Trainees who attend the Annual Meeting have the opportunity to interact with geriatrics professionals from a range of disciplines and to learn about cutting edge research, innovations in clinical care, and educational and career opportunities. The Health in Aging Foundation New Investigator Awards are presented to Individuals whose original research, as presented in a submitted abstract for an AGS Annual Scientific Meeting, reflects new and relevant research in Geriatrics. The award is designed to recognize individuals who are committed to a career in aging research. The Jeffrey H. Silverstein Memorial Award for Emerging Investigators in the Surgical and Related Medical Specialties recognizes emerging investigators whose research is focused on the role of geriatrics expertise in their specialties, and who are committed to careers in aging research. The Thomas and Catherine Yoshikawa Award for Outstanding Scientific Achievement in Clinical Investigation recognizes emerging geriatrics scholars who represent the early promise of the Yoshikawa's illustrious career. We did not present the Arti Hurria Memorial Award for Emerging Investigators in Internal Medicine in 2024. This award recognizes individuals who are focused on the care of older adults supports the next generation of clinician investigators in internal medicine who are dedicating their careers to improving care of older adults through a research career focused on aging. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Consulting Services: - Program $2,303 - Mgmt/General $850 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | 990 Part IV, Line 22 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | 990, Part III, Line 4a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | 990, Part IX, Line 11g |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | THE AMERICAN GERIATRICS SOCIETY INC |
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