AMERICAN FEDERATION FOR AGING RESEARCH INC

EIN: 133045282 501(c)(3) Social Science

NEW YORK, NY

Total Revenue
$22,829,335
Total Expenses
$17,507,802
Total Assets
$46,621,992
Net Assets
$30,696,432
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
NY
Principal Officer
STEPHANIE LEDERMAN
Phone
2127039977
Tax Period
2023-01-01 to 2023-12-31

AMERICAN FEDERATION FOR AGING RESEARCH INC, founded in 1980, is a mid-sized nonprofit in the Social Science sector that reported $22.8M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.3M, a strong 23% operating margin.

Mission

THE AMERICAN FEDERATION FOR AGING RESEARCH ("AFAR") IS COMMITTED TO SUPPORTING THE SCIENCE OF HEALTHIER AGING. AFAR SUPPORTS NEW AND EARLY CAREER SCIENTISTS WHOSE RESEARCH EXPLORES THE BIOLOGY OF HOW PEOPLE AGE AND THE BIOLOGICAL CHANGES THAT CAUSE AGE-RELATED DISEASE. AFAR IDENTIFIES AND FUNDS A BROAD RANGE OF CUTTING EDGE RESEARCH THAT IS MOST LIKELY TO INCREASE THE BODY OF KNOWLEDGE ON THE BIOLOGY OF AGING AND LEAD TO SIGNIFICANT MEDICAL BREAK-THROUGHS IN PREVENTING AND TREATING DISEASE AND INCREASING A HEALTHY LIFESPAN. IN ADDITION, AFAR ADDRESSES THE CRITICAL SHORTAGE OF PHYSICIANS WHO ARE ADEQUATELY TRAINED TO TAKE CARE OF AN AGING SOCIETY BY COLLABORATING WITH FOUNDATIONS, CORPORATIONS AND INDIVIDUALS TO OFFER UNIQUE GRANT OPPORTUNITIES.

Program Service Accomplishments

Program 1
Expenses: $16,552,718 Revenue: $0

SCIENTIFIC PROGRAMS: AWARDS FOR BIOMEDICAL RESEARCH INTO AGING. IN 2023 AFAR AWARDED $13,161,657 TO 102 RESEARCHERS AND RESEARCH CENTERS. CREATING OPPORTUNITIES FOR SCIENTISTS AND CLINICIANS TO SHARE...

Read more

SCIENTIFIC PROGRAMS: AWARDS FOR BIOMEDICAL RESEARCH INTO AGING. IN 2023 AFAR AWARDED $13,161,657 TO 102 RESEARCHERS AND RESEARCH CENTERS. CREATING OPPORTUNITIES FOR SCIENTISTS AND CLINICIANS TO SHARE KNOWLEDGE AND EXCHANGE IDEAS TO ENCOURAGE INNOVATIVE THINKING AND COLLABORATIONS. IN 2023 AFAR CONDUCTED 5 CONFERENCES AND WORKSHOPS THAT CONNECTED RESEARCHERS ACROSS THE COUNTRY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,132,211
Program Service Revenue $0
Investment Income $697,124
Other Revenue $0
TOTAL REVENUE $22,829,335

Expense Breakdown

Grants Paid $13,161,657
Salaries & Benefits $2,130,596
Fundraising Expenses $199,509
Program Expenses $16,552,718
Other Expenses $2,215,549
TOTAL EXPENSES $17,507,802

Year-over-Year Comparison

2023 2022 Change
Revenue $22,829,335 $15,127,134 +0.5%
Expenses $17,507,802 $16,259,535 +0.1%
Net Income $5,321,533 $-1,132,401 -5.7%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
35
Independent Members
34
Employees
13
Volunteers
322

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$548,569
Total Directors
35
$42,500
Key Employees
1
$301,247
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN N AUSTAD PHD INTERIM CHAIR/CONSULTANT 10.00
Officer Director
$41,500 $0 $41,500
LAURA M BARZILAI JD LLM VICE CHAIR 4.00
Officer Director
$0 $0 $0
MARK S LACHS MD MPH IMMEDIATE PAST PRESIDENT 4.00
Officer Director
$0 $0 $0
JAMES L KIRKLAND MD PHD PRESIDENT 4.00
Officer Director
$0 $0 $0
THOMAS A RANDO MD PHD PRESIDENT-ELECT 4.00
Officer Director
$0 $0 $0
CHARLES BEEVER MBA TREASURER AND SECRETARY 4.00
Officer Director
$0 $0 $0
NIR BARZILAI MD SCIENTIFIC DIRECTOR 4.00
Officer Director
$0 $0 $0
RICHARD W BESDINE MD DIRECTOR 2.00
Director
$0 $0 $0
HARVEY JAY COHEN MD DIRECTOR 2.00
Director
$1,000 $0 $1,000
TERRIE FOX WETLE PHD DIRECTOR 2.00
Director
$0 $0 $0
ANDRE BERTRAM DIRECTOR 2.00
Director
$0 $0 $0
KENNETH A BUCKFIRE DIRECTOR 2.00
Director
$0 $0 $0
MARK R COLLINS DIRECTOR 2.00
Director
$0 $0 $0
ANA MARIA CUERVO MD PHD DIRECTOR 2.00
Director
$0 $0 $0
NATHANIEL E DAVID PHD DIRECTOR 2.00
Director
$0 $0 $0
DAVID L EIGEN DIRECTOR 2.00
Director
$0 $0 $0
NIGEL F EMMETT DIRECTOR 2.00
Director
$0 $0 $0
RICHARD GA FARAGHER PHD DIRECTOR 2.00
Director
$0 $0 $0
JAMES FICKEL DIRECTOR 2.00
Director
$0 $0 $0
ALEXANDRA L GATJE DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL W HODIN PHD DIRECTOR 2.00
Director
$0 $0 $0
THOMAS G KAHN CFA DIRECTOR 2.00
Director
$0 $0 $0
PETER KIMMELMAN DIRECTOR 2.00
Director
$0 $0 $0
KEVIN J LEE PHD DIRECTOR 2.00
Director
$0 $0 $0
DENISE LEFEBVRE DIRECTOR 2.00
Director
$0 $0 $0
JAMES MELLON DIRECTOR 2.00
Director
$0 $0 $0
LAURA NIEDERNHOFER MD PHD DIRECTOR 2.00
Director
$0 $0 $0
S JAY OLSHANSKY PHD DIRECTOR 2.00
Director
$0 $0 $0
SAMI SAGOL DIRECTOR 2.00
Director
$0 $0 $0
DAVID A SINCLAIR PHD AO DIRECTOR 2.00
Director
$0 $0 $0
POL VANDENBROUCKE MD DIRECTOR 2.00
Director
$0 $0 $0
NORMAL VOLK DIRECTOR 2.00
Director
$0 $0 $0
KEITH WHITFIELD DIRECTOR 2.00
Director
$0 $0 $0
JOYCE M YAEGER DIRECTOR 2.00
Director
$0 $0 $0
SERGEY YOUNG DIRECTOR 2.00
Director
$0 $0 $0
STEPHANIE LEDERMAN EXECUTIVE DIRECTOR 40.00
Officer
$427,729 $79,340 $507,069
ODETTE VAN DER WILLIK PROGRAM DIRECTOR 40.00
Key Emp
$241,372 $59,875 $301,247
FREDERICA BLUM FINANCE DIRECTOR 40.00
Highest
$182,049 $36,716 $218,765
JOHN CHAICH COMMUNICATIONS DIRECTOR 40.00
Highest
$156,743 $33,929 $190,672
HATTIE HERMAN SR. PROJECT OFFICER 40.00
Highest
$137,061 $35,075 $172,136
CATHERINE CULLAR ADMINISTRATIVE MANAGER 40.00
Highest
$118,259 $29,907 $148,166
ANDREA SHERMAN PROJECT MANAGER 40.00
Highest
$110,923 $2,876 $113,799
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $22,829,335 $17,507,802 $46,621,992 $5,321,533
2022 $15,127,134 $16,259,535 $33,818,934 $-1,132,401
2021 $13,781,782 $7,677,106 $30,014,800 $6,104,676
2020 $5,955,304 $5,104,050 $21,962,273 $851,254
2019 $3,082,374 $7,185,810 $19,135,412 $-4,103,436
2018 $4,095,126 $6,138,794 $21,139,950 $-2,043,668
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AMERICAN FEDERATION FOR AGING RESEARCH INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.