GLOBAL AGING INSTITUTE

EIN: 465731747 501(c)(3) Diseases & Disorders

ALEXANDRIA, VA

Total Revenue
$141,000
Total Expenses
$128,733
Total Assets
$18,325
Net Assets
$16,708
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
VA
Principal Officer
RICHARD JACKSON PHD
Phone
7033603281
Tax Period
2023-01-01 to 2023-12-31

GLOBAL AGING INSTITUTE, founded in 2014, is a small nonprofit in the Diseases & Disorders sector that reported $141K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $129K left a modest 9% surplus.

Mission

TO RAISE AWARENESS ABOUT GLOBAL AGING AND TO ENCOURAGE CONSTRUCTIVE POLICY RESPONSES. THE INSTITUTE PURSUES ITS MISSION BY CONDUCTING RESEARCH, PUBLISHING ARTICLES AND REPORTS, ORGANIZING CONFERENCES, AND GIVING PRESENTATIONS AND MEDIA INTERVIEWS ON GLOBAL AGING.

Program Service Accomplishments

Program 1
Expenses: $57,538

CRITICAL ISSUES & VANTAGE POINT. THE GLOBAL AGING INSTITUTE (GAI) RECEIVED FUNDING TO WRITE TWO RELATED ISSUE BRIEF SERIES ON THE DEMOGRAPHIC AND ECONOMIC TRENDS RESHAPING AMERICA AND THE WORLD. ONE...

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CRITICAL ISSUES & VANTAGE POINT. THE GLOBAL AGING INSTITUTE (GAI) RECEIVED FUNDING TO WRITE TWO RELATED ISSUE BRIEF SERIES ON THE DEMOGRAPHIC AND ECONOMIC TRENDS RESHAPING AMERICA AND THE WORLD. ONE OF THE SERIES (CRITICAL ISSUES) CONSISTS OF IN-DEPTH ANALYSES AND THE OTHER (VANTAGE POINT) CONSISTS OF SHORTER MINI-BRIEFS. TOPICS EXPLORED INCLUDED THE POTENTIAL BENEFITS OF IMMIGRATION IN AN AGING AMERICA, THE LONG-TERM U.S. DEMOGRAPHIC AND FISCAL OUTLOOK, AND THE IMPACT OF FALLING BIRTHRATES ON CHINA'S LONG-TERM ECONOMIC AND GEOPOLITICAL PROSPECTS.

Program 2
Expenses: $39,476

EDUCATIONAL OUTREACH. IN ADDITION TO UNDERTAKING RESEARCH PROJECTS, THE GLOBAL AGING INSTITUTE (GAI) PURSUES ITS BROAD EDUCATIONAL MISSION BY PARTICIPATING IN NATIONAL AND INTERNATIONAL CONFERENCES...

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EDUCATIONAL OUTREACH. IN ADDITION TO UNDERTAKING RESEARCH PROJECTS, THE GLOBAL AGING INSTITUTE (GAI) PURSUES ITS BROAD EDUCATIONAL MISSION BY PARTICIPATING IN NATIONAL AND INTERNATIONAL CONFERENCES, GIVING SPEECHES AND MEDIA INTERVIEWS, AND BRIEFING STAKEHOLDERS ON THE CHALLENGE OF GLOBAL AGING. IN 2023, GAI GAVE PRESENTATIONS AT EVENTS SPONSORED BY, AMONG OTHERS, THE GLOBAL FEDERATION OF INSURANCE ASSOCIATIONS, THE EMPLOYEES PROVIDENT FUND OF MALAYSIA, THE CENTER FOR STRATEGIC AND BUDGETARY ASSESSMENTS, AND THE CONFERENCE OF CONSULTING ACTUARIES.

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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 $141,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $141,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,650
Fundraising Expenses $0
Program Expenses $97,014
Other Expenses $18,083
TOTAL EXPENSES $128,733

Year-over-Year Comparison

2023 2022 Change
Revenue $141,000 $124,980 +0.1%
Expenses $128,733 $120,850 +0.1%
Net Income $12,267 $4,130 +2.0%
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
3
Independent Members
2
Employees
1
Volunteers
N/A

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
3
$103,000
Total Directors
3
$103,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD P JACKSON PRESIDENT & TREASURER 30.00
Officer Director
$100,000 $3,000 $103,000
NEIL HOWE SECRETARY 1.00
Officer Director
$0 $0 $0
THOMAS S TERRY CHAIRMAN 1.00
Officer Director
$0 $0 $0
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 $141,000 $128,733 $18,325 $12,267
2022 $124,980 $120,850 $7,347 $4,130
2021 $188,335 $176,872 $16,080 $11,463
2020 $157,504 $182,760 $18,888 $-25,256
2019 $198,000 $190,836 $41,684 $7,164
2018 $209,500 $204,539 $13,933 $4,961
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