Civic Intelligence

Agebetter Inc.

990 • Fiscal year 2022 • EIN 39-1969761

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

6209 Mineral Point Rd Suite 210Madison, WI 53705

(608) 230-4445

Siviq Scores

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

Liabilities / Assets

87th percentile

0.34x

Higher debt load relative to assets than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

34th percentile

-3.3%

Higher net margin than 34% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

98th percentile

$101,662

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 24.7% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

40th percentile

-3.4%

Faster asset growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

50th percentile

9.0%

Faster revenue growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$250,524

Down $8,887 (-3.4%) from 2021

Net Assets

Down

$164,382

Down $17,440 (-9.6%) from 2021

Liabilities

Up

$86,142

Up $8,553 (+11%) from 2021

Revenue

Up

$411,702

Up $34,095 (+9.0%) from 2021

Expenses

Up

$425,144

Up $36,195 (+9.3%) from 2021

Net Income

Down

-$13,442

Down $2,100 (-19%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2010: $33,985Liabilities 2010: $36,452Net Assets 2010: -$2,4672010Assets 2011: $74,942Liabilities 2011: $49,170Net Assets 2011: $25,7722011Assets 2012: $74,984Liabilities 2012: $45,367Net Assets 2012: $29,6172012Assets 2013: $60,713Liabilities 2013: $61,410Net Assets 2013: -$6972013Assets 2014: $160,573Liabilities 2014: $111,403Net Assets 2014: $49,1702014Assets 2015: $163,777Liabilities 2015: $80,732Net Assets 2015: $83,0452015Assets 2016: $135,557Liabilities 2016: $77,002Net Assets 2016: $58,5552016Assets 2017: $145,998Liabilities 2017: $75,057Net Assets 2017: $70,9412017Assets 2018: $162,800Liabilities 2018: $68,872Net Assets 2018: $93,9282018Assets 2019: $193,609Liabilities 2019: $70,857Net Assets 2019: $122,7522019Assets 2020: $266,598Liabilities 2020: $73,434Net Assets 2020: $193,1642020Assets 2021: $259,411Liabilities 2021: $77,589Net Assets 2021: $181,8222021Assets 2022: $250,524Liabilities 2022: $86,142Net Assets 2022: $164,3822022Assets 2023: $259,189Liabilities 2023: $97,990Net Assets 2023: $161,1992023Assets 2024: $311,901Liabilities 2024: $75,190Net Assets 2024: $236,7112024

Highlighted filing

2022

Assets$250,524
Liabilities$86,142
Net Assets$164,382

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $199,428Expenses 2010: $228,539Net Income 2010: -$29,1112010Expenses 2011: $241,2492011Expenses 2012: $279,4852012Revenue 2013: $294,415Expenses 2013: $324,729Net Income 2013: -$30,3142013Revenue 2014: $327,544Expenses 2014: $277,709Net Income 2014: $49,8352014Revenue 2015: $319,193Expenses 2015: $285,318Net Income 2015: $33,8752015Revenue 2016: $262,291Expenses 2016: $278,304Net Income 2016: -$16,0132016Revenue 2017: $254,581Expenses 2017: $242,168Net Income 2017: $12,4132017Revenue 2018: $277,024Expenses 2018: $253,714Net Income 2018: $23,3102018Revenue 2019: $351,610Expenses 2019: $322,786Net Income 2019: $28,8242019Revenue 2020: $416,767Expenses 2020: $346,355Net Income 2020: $70,4122020Revenue 2021: $377,607Expenses 2021: $388,949Net Income 2021: -$11,3422021Revenue 2022: $411,702Expenses 2022: $425,144Net Income 2022: -$13,4422022Revenue 2023: $421,456Expenses 2023: $428,472Net Income 2023: -$7,0162023Revenue 2024: $471,475Expenses 2024: $399,993Net Income 2024: $71,4822024

Highlighted filing

2022

Revenue$411,702
Expenses$425,144
Net Income-$13,442
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$411,702
Mission and Program Overview

Mission

The mission of agebetter, inc. Is to work collaboratively with older people, their families, caregivers, physicians, payers, providers, and educators to enhance their health, wellness, independence, and quality of life.

The mission of agebetter, inc is to work collaboratively with older people, their families, caregivers, physicians, payers, providers, and educators to enhance their health, wellness, independence,and quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$106,210$106,540▲ $330
Cash and Non-Interest-Bearing Accounts$111,948$91,372▼ $20,576
Accounts Receivable$4,603$28,576▲ $23,973
Investments in Publicly Traded Securities$25,000$21,630▼ $3,370
Pledges and Grants Receivable$11,650--
Prepaid Expenses and Deferred Charges-$2,406-
Total Assets$259,411$250,524▼ $8,887
Liabilities
Accounts Payable and Accrued Expenses$6,525$44,781▲ $38,256
Deferred Revenue$71,064$41,361▼ $29,703
Total Liabilities$77,589$86,142▲ $8,553
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$181,822$129,382▼ $52,440
Net Assets With Donor Restrictions-$35,000-
Total Net Assets Fund Balance$181,822$164,382▼ $17,440
Total Liabilities and Net Assets / Fund Balance$259,411$250,524▼ $8,887

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$88,769$9,609▼ $13,191-$84,315
2021$76,196$2,225▲ $13,339-$88,769
2020$56,712$16,252▲ $5,319-$76,196
2019$46,336$1,776▲ $10,421-$56,712
2018$36,471$12,122▼ $743-$46,336
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ann AlbertExecutive DiFT$101,662$101,662

Board Members and Trustees

NameTitle
Barbara GessnerPresident
Kristen PetersonDirector
Marje MurrayDirector
Meredith DegenDirector
Michelle GodfreySecretary
Linda JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$278,711
Program Service Revenue
$132,003
Investment Income
$958
Other Revenue
$30
All Other Contributions
$278,711
Change in Net Assets
$-13,442

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table2$26,829
Total Noncash Contributions2$26,829
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$316,833
Other Expenses$108,311
Total Fundraising Expense$306
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$215,171--$215,171
Current Officers, Directors, Trustees, and Key Employees$81,330$20,332-$101,662
Occupancy-$25,000-$25,000
Advertising$11,244$1,984-$13,228
Office Expenses$10,711$1,890-$12,601
Fees for Services Management-$12,213-$12,213
All Other Expenses$3,116$549$306$3,971
Other Expenses$2,023$357-$2,380
Fees for Services Legal-$1,829-$1,829
Travel$1,289--$1,289
Fees for Services Other$787$197-$984
Insurance$768$135-$903
Conferences and Meetings$320$56-$376
Total Functional Expenses$360,296$64,542$306$425,144
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
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
Yes
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, Page 6, Part VI, Line 2

Michelle godfrey kristen peterson secretary director business relationship

Form 990, Page 6, Part VI, Line 8B

The organization does not have committees with authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

The form 990 is initially reviewed by the board's treasurer. A pdf of the final form 990, or a paper copy if requested, is subsequently sent to all board members for review prior to filing.

Form 990, Page 6, Part VI, Line 12C

If a conflict existed, the person would abstain from voting on that particular issue. The conflict of interest policy is located in the agebetter information file at the organization's address.

Form 990, Page 6, Part VI, Line 15A

The compensation process for the executive director, officers, and key employees are managed by their employer for payroll purposes, oakwood lutheran homes association, inc. The hr committee of the oakwood lutheran homes association board reviews the compensation for the key positions on a regular basis to determine a grading and compensation level appropriate for the positions.

Form 990, Page 6, Part VI, Line 15B

The compensation process for the executive director, officers, and key employees is the same as the process for the top offical.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Agebetter Inc
EIN
39-1969761
Phone
6082304445
Address
6209 MINERAL POINT RD SUITE 210, MADISON, WI 53705

Signing Officer

Name
Linda Johnson
Title
Treasurer
Phone
6082304445
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Johnson
Formed
1998
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
75

Preparer

Firm
Kollath & Associates CPA LLC
Address
421 WATER ST STE 111, PRAIRIE DU SAC, WI 53578
Preparer
Julie Miller
Phone
6086440206
Supplemental Narrative

Additional Explanations

Form 990

Part 1, line 5: the organziation reports "0" employees because all employees are paid via oakwood lutheran homes assocation, inc. A sponsoring organization. The organization reimbursed oakwood lutheran homes association, inc. For salary and benefits expenses incurred in connection with the employees who perform services on its behalf.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Funds are to be used for the sail program.

Raw XML AppendixShowing 400 of 435 raw XML fields

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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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0543
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDS ARE TO BE USED FOR THE SAIL PROGRAM.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART 1, LINE 5: THE ORGANZIATION REPORTS "0" EMPLOYEES BECAUSE ALL EMPLOYEES ARE PAID VIA OAKWOOD LUTHERAN HOMES ASSOCATION, INC. A SPONSORING ORGANIZATION. THE ORGANIZATION REIMBURSED OAKWOOD LUTHERAN HOMES ASSOCIATION, INC. FOR SALARY AND BENEFITS EXPENSES INCURRED IN CONNECTION WITH THE EMPLOYEES WHO PERFORM SERVICES ON ITS BEHALF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MICHELLE GODFREY KRISTEN PETERSON SECRETARY DIRECTOR BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS INITIALLY REVIEWED BY THE BOARD'S TREASURER. A PDF OF THE FINAL FORM 990, OR A PAPER COPY IF REQUESTED, IS SUBSEQUENTLY SENT TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IF A CONFLICT EXISTED, THE PERSON WOULD ABSTAIN FROM VOTING ON THAT PARTICULAR ISSUE. THE CONFLICT OF INTEREST POLICY IS LOCATED IN THE AGEBETTER INFORMATION FILE AT THE ORGANIZATION'S ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION PROCESS FOR THE EXECUTIVE DIRECTOR, OFFICERS, AND KEY EMPLOYEES ARE MANAGED BY THEIR EMPLOYER FOR PAYROLL PURPOSES, OAKWOOD LUTHERAN HOMES ASSOCIATION, INC. THE HR COMMITTEE OF THE OAKWOOD LUTHERAN HOMES ASSOCIATION BOARD REVIEWS THE COMPENSATION FOR THE KEY POSITIONS ON A REGULAR BASIS TO DETERMINE A GRADING AND COMPENSATION LEVEL APPROPRIATE FOR THE POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COMPENSATION PROCESS FOR THE EXECUTIVE DIRECTOR, OFFICERS, AND KEY EMPLOYEES IS THE SAME AS THE PROCESS FOR THE TOP OFFICAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0360296
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IRS990/TotalLiabilitiesGrp/BOYAmt077589
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IRS990/TravelGrp/ProgramServicesAmt01289
IRS990/TravelGrp/TotalAmt01289
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06209 MINERAL POINT RD STE 210
IRS990/USAddress/CityNm0MADISON
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053705

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.75$2.37$4.71$4.00$0.71
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$0.98$1.61$4.21$4.28$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.51$0.86$1.64$4.12$4.25$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$0.78$1.82$3.78$3.89$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.73$1.93$4.17$3.46$0.70
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.71$1.23$3.52$3.23$0.29
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.69$0.94$2.77$2.54$0.23
2017Summary only. Only limited summary data is available for this year.$1.46$0.75$0.71$2.55$2.42$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.77$0.59$2.62$2.78$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.81$0.83$3.19$2.85$0.34
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$1.11$0.49$3.28$2.78$0.50
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.61$0.01$2.94$3.25$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.45$0.30$2.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.49$0.26$2.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.36$0.02$1.99$2.29$0.29
Peer Organizations

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