Indiana Association of Area Agencies on Aging Inc

EIN: 352122608 Civil Rights & Advocacy

Indianapolis, IN

Total Revenue
$562,917
Total Expenses
$527,014
Total Assets
$324,997
Net Assets
$133,847
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
IN
Principal Officer
Hannah Carlock
Phone
3172059201
Tax Period
2023-07-01 to 2024-06-30

Indiana Association of Area Agencies on Aging Inc, founded in 2000, is a small nonprofit in the Civil Rights & Advocacy sector that reported $563K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $527K left a modest 6% surplus.

Mission

To promote awareness of the issues affecting older citizens, primarily in the state of Indiana, through advocacy and lobbying activities.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $562,915
Investment Income $2
Other Revenue $0
TOTAL REVENUE $562,917

Expense Breakdown

Grants Paid $0
Salaries & Benefits $156,801
Fundraising Expenses $0
Other Expenses $370,213
TOTAL EXPENSES $527,014

Year-over-Year Comparison

2023 2022 Change
Revenue $562,917 $511,915 +0.1%
Expenses $527,014 $540,453 0.0%
Net Income $35,903 $-28,538 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
6
Volunteers
16

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
5
$105,343
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chuck Ladow President 1.00
Officer Director
$0 $0 $0
Michael Edwards 1st Vice-President 1.00
Officer Director
$0 $0 $0
Erin Thomas 2nd Vice-President 1.00
Officer Director
$0 $0 $0
Mark Lindenlaub Secretary/Treasurer- Exit 5/24 1.00
Officer Director
$0 $0 $0
Tauhric Brown Member 1.00
Director
$0 $0 $0
Lora Clark Member 1.00
Director
$0 $0 $0
Jenny Hamilton Member 1.00
Director
$0 $0 $0
Laura Holscher Member 1.00
Director
$0 $0 $0
Elva James Member 1.00
Director
$0 $0 $0
Ryan Keller Member 1.00
Director
$0 $0 $0
Jennifer Malone Member 1.00
Director
$0 $0 $0
Karla Fales Member 1.00
Director
$0 $0 $0
Chris Myers Member 1.00
Director
$0 $0 $0
Maureen Musi Member 1.00
Director
$0 $0 $0
Rhonda Zuber Member 1.00
Director
$0 $0 $0
Teresa Lorenz- Start 524 Member 1.00
Director
$0 $0 $0
Kristen Leace Chief Executive Officer 40.00
Officer
$103,535 $1,808 $105,343
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
2025 No data No data No data No data
2024 $562,917 $527,014 $324,997 $35,903
2023 $511,915 $540,453 $272,244 $-28,538
2022 $1,137,951 $1,092,195 $166,539 $45,756
2021 $411,537 $424,961 $120,566 $-13,424
2020 $403,610 $420,662 $131,326 $-17,052
2019 $335,733 $337,630 $138,812 $-1,897
2018 $547,297 $543,369 $135,466 $3,928
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