AREA FIVE AGENCY ON AGING & COMMUNITY SERVICES

EIN: 237444508 501(c)(3) Human Services

LOGANSPORT, IN

Total Revenue
$9,285,456
Total Expenses
$9,041,991
Total Assets
$5,878,556
Net Assets
$2,915,831
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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
IN
Phone
5747224451
Tax Period
2023-01-01 to 2023-12-31

AREA FIVE AGENCY ON AGING & COMMUNITY SERVICES, founded in 1974, is a community nonprofit in the Human Services sector that reported $9.3M in total revenue in fiscal year 2023.

Mission

AREA FIVE AGENCY ON AGING AND COMMUNITY SERVICES IS DEDICATED TO SERVING THE ELDERLY, THE DISABLED, AND THE DISADVANTAGED MEMBERS OF CASS, FULTON, HOWARD, MIAMI, TIPTON, AND WABASH COUNTIES OF INDIANA.

Program Service Accomplishments

Program 1
Expenses: $3,828,783 Revenue: $543,592

AGING AND IN HOME SERVICES IS DESIGNED TO PROVIDE OPTIONS FOR INDIVIDUALS TO ASSIST THEMSELVES IN ACTIVITIES OF DAILY LIVING AND TO MAKE AVAILABLE OPPORTUNITIES FOR A SAFE, HEALTHLY HOME ENVIRONMENT...

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AGING AND IN HOME SERVICES IS DESIGNED TO PROVIDE OPTIONS FOR INDIVIDUALS TO ASSIST THEMSELVES IN ACTIVITIES OF DAILY LIVING AND TO MAKE AVAILABLE OPPORTUNITIES FOR A SAFE, HEALTHLY HOME ENVIRONMENT. HOME VISITS ARE MADE TO CLIENTS TO ASSESS MENTAL AND PHYSICAL ABILITY AS WELL AS THEIR FINANCIAL SITUATION. THROUGH A SYSTEMATIC ANALYSIS OF CARE, APPROPRIATE SERVICES ARE RECOMMENDED AND BROKERED THROUGH A VARIETY OF HOME CARE SERVICE PROVIDERS. THIS PROCESS ALLOWS INDIVIDUALS TO MAINTAIN INDEPENDENCE IN THEIR HOMES RATHER THAN RISK INSTITUTIONAL PLACEMENT. HOWEVER, THERE ARE SITUATIONS WHERE RESIDENCY WITHIN A LONG-TERM CARE FACILITY IS IMMINENT. AREA FIVE PROVIDES AN INDEPENDENT EVALUATION FOR THE LEVEL OF CARE FOR INDIVIDUALS ENTERING A NURSING HOME FACILITY. THIS OPPORTUNITY ALLOWS THE INDIVIDUAL AND THEIR FAMILY TO MAKE A MORE INFORMED DECISION REGARDING THEIR OPTIONS, AS WELL AS TO PREVENT INAPPROPRIATE PLACEMENT. THE SENIOR NUTRITION PROGRAM IS DESIGNED TO PROVIDE AN ENVIRONMENT OF FELLOWSHIP AND FUN FOR SENIORS IN OUR AREA. PROGRAM ACTIVITIES ARE PROVIDED AT THE CONGREGATE SITES AND VARIOUS AGENDAS OF INTEREST ARE SHARED WITH THE PARTICIPANTS. AREA FIVE SERVES CONGREGATE MEALS AT 11 SITES AND PROVIDES HOME DELIVERED MEALS TO PARTICIPANTS UNABLE TO LEAVE THEIR HOME IN OUR SIX COUNTIES. OTHER ACTIVITIES THAT AREA FIVE PROVIDES EITHER DIRECTLY OR INDIRECTLY THROUGH AVAILABLE PROVIDERS INCLUDE TRANSPORTATION SERVICES AND INFORMATION AND REFERRAL SERVICES. CAREGIVER SUPPORT, RESPITE ASSISTANCE, AND GUIDANCE FOR GRANDPARENTS RAISING GRANDCHILDREN ARE ALSO AVAILABLE THROUGH OUR PROGRAMS.

Program 2
Expenses: $2,384,632 Revenue: $0

HEAD START PROGRAM - AREA FIVE'S HEAD START PROGRAM SERVES OVER 179 CHILDREN AND FAMILIES IN CASS, FULTON, AND WABASH COUNTIES. CLASS SIZE WAS REDUCED TO 13 EACH DUE TO THE PANDEMIC SO NUMBERED...

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HEAD START PROGRAM - AREA FIVE'S HEAD START PROGRAM SERVES OVER 179 CHILDREN AND FAMILIES IN CASS, FULTON, AND WABASH COUNTIES. CLASS SIZE WAS REDUCED TO 13 EACH DUE TO THE PANDEMIC SO NUMBERED SERVED IS MUCH LESS THAN PREVIOUS YEARS. ALONG WITH NUTRITIONALLY BALANCES BREAKFASTS, LUNCHES, AND SNACKS, CHILDREN FROM LOW-INCOME FAMILIES (100% POVERTY OR BELOW) RECEIVE DEVELOPMENTALLY APPROPRIATE AND INDIVIDUALIZED INSTRUCTION. THERE IS AN EMPHASIS ON LITERACY, NUMERACY, MATH, AND SCIENCE, ALLOWING THE CHILDREN TO LEARN IN CONTEXT, WHILE SURROUNDED BY ACCEPTANCE, LOVE, UNDERSTANDING AND A FEELING OF SECURITY AND STRUCTURE. THE ADMINISTRATIVE STAFF, IN CONJUNCTION WITH THE TEACHERS AND ASSISTANT TEACHERS, WORK THROUGHOUT THE YEAR TO HELP PARENTS SET GOALS FOR THEMSELVES AND THEIR FAMILIES AND TO ASSIST THEM IN LEARNING THE VALUE OF WORKING TOWARD AND ACCOMPLISHING THEIR OBJECTIVE AND GOALS. EVERY DAY OUR PROGRAM SEES PARENTS HELPING THEIR CHILDREN GROW BY JOINING THEM IN THE CLASSROOM FOR THE DAY AS A VOLUNTEER OR BY SERVING AS A MEMBER OF THE PARENT COMMITTEE OR POLICY COUNCIL.

Program 3
Expenses: $1,465,170 Revenue: $0

AS A DUAL AREA AGENCY ON AGING AND A COMMUNITY ACTION AGENCY, AREA FIVE HAS THE CAPACITY TO FULFILL THE NEEDS OF FAMILIES FROM BIRTH THROUGH THE AGING YEARS. THE COMMUNITY SERVICE PROGRAM ATTEMPTS TO...

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AS A DUAL AREA AGENCY ON AGING AND A COMMUNITY ACTION AGENCY, AREA FIVE HAS THE CAPACITY TO FULFILL THE NEEDS OF FAMILIES FROM BIRTH THROUGH THE AGING YEARS. THE COMMUNITY SERVICE PROGRAM ATTEMPTS TO MOVE FAMILIES TOWARD SELF-SUFFICIENCY. THIS IS DONE THROUGH A VARIETY OF PROGRAMS, TECHNIQUES, AND ACTIVITIES. WE ASSIST INDIVIDUALS AND FAMILIES IN ACCESSING APPROPRIATE ACTIVITIES TO MEET THEIR INDIVIDUAL NEEDS, WHILE MAKING THE BEST USE OF THEIR AVAILABLE RESOURCES. INDIVIDUAL DEVELOPMENT ACCOUNTS HELP BUILD AN APPROACH TO INVESTING IN A SAVINGS ACCOUNT THAT CAN BE USED TOWARD HOME OWNERSHIP, EDUCATION, OR BUSINESS DEVELOPMENT. OTHER PROGRAMS THAT ARE OFFERED AS A PART OF OUR COMMUNITY SERVICE PROGRAM INCLUDE THE SMALL BUSINESS DEVELOPMENT PROGRAM, PARENT SUPPORT AND EDUCATION GROUPS, AND HEALTH INITIATIVES AND MANY OTHER ACTIVITIES THAT SUPPLEMENT THESE AND OTHER PROGRAMS. WE HAVE HUNDREDS OF VOLUNTEERS WHO DONATE THOUSANDS OF HOURS TOWARD HELPING OUR FAMILIES. WE HAVE A MULTI-FACETED MISSION THAT DRIVES OUR STAFF TO EITHER PROVIDE OR MAKE A REFERRAL TO SERVICES THAT ARE APPROPRIATE FOR PARTICIPANTS. WE HAVE MANY TOOLS AVAILABLE TO US IN THE AGENCY, AS WELL AS WITHIN OUR COMMUNITY, THAT WE UTILIZE AND SHARE TO MAKE LINKAGES TO HELP JUST ABOUT ANYONE, AND WE CHALLENGE OUR STAFF, FAMILIES, AND COMMUNITY CITIZENS TO HELP US BUILD ON THIS FOUNDATION.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,567,160
Program Service Revenue $600,191
Investment Income $84,536
Other Revenue $33,569
TOTAL REVENUE $9,285,456

Expense Breakdown

Grants Paid $1,786,801
Salaries & Benefits $5,233,139
Fundraising Expenses $0
Program Expenses $8,548,965
Other Expenses $2,022,051
TOTAL EXPENSES $9,041,991

Year-over-Year Comparison

2023 2022 Change
Revenue $9,285,456 $8,866,491 +0.0%
Expenses $9,041,991 $8,735,315 +0.0%
Net Income $243,465 $131,176 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
190
Volunteers
668

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
6
$264,483
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A President 1.0
Officer Director
$0 $0 $0
N/A Treasurer 1.0
Officer Director
$0 $0 $0
N/A Secretary 1.0
Officer Director
$0 $0 $0
N/A Vice President 1.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER (Through 4/23) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Director (Beginning 5/26/23) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER (Through 5/24/23) 1.0
Director
$0 $0 $0
N/A Executive Director 40.0
Officer
$141,990 $19,554 $161,544
N/A Chief Financial Officer 40.0
Officer
$88,041 $14,898 $102,939
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 $9,285,456 $9,041,991 $5,878,556 $243,465
2022 $8,866,491 $8,735,315 $5,754,236 $131,176
2021 $8,306,706 $7,947,808 $5,632,774 $358,898
2020 $8,768,440 $8,424,572 $5,351,655 $343,868
2019 $8,089,428 $7,937,550 $5,332,071 $151,878
2018 $7,692,470 $7,786,295 $5,386,449 $-93,825
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