Older Adults Technology Services (EIN 550882599) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Thomas Kamber

Phone

7183601707

Tax Period

2024-01-01 to 2024-12-31

Older Adults Technology Services, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $18.7M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 16% operating margin.

Mission

The organization's mission is to harness the power of technology to change the way we age.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,964,194

Program Service Revenue $1,654,468

Investment Income $67,535

Other Revenue $0

TOTAL REVENUE $18,686,197

Expense Breakdown

Grants Paid $442,600

Salaries & Benefits $10,770,561

Fundraising Expenses $422,239

Program Expenses $13,750,920

Other Expenses $4,547,011

TOTAL EXPENSES $15,760,172

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,686,197	$13,257,588	+0.4%
Expenses	$15,760,172	$13,044,313	+0.2%
Net Income	$2,926,025	$213,275	+12.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,605,842

Total Directors

$1,099,565

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Neil Harrison	Interim Chair as of 1/19/2024	1.00	Director	$0	$0	$0
Amanda Del Balso Cantwell	Director	1.00	Director	$0	$0	$0
Robert DiMatteo	Director	1.00	Director	$0	$0	$0
Jared Goralnick	Director	1.00	Director	$0	$0	$0
Anita L Holt	Director	1.00	Director	$0	$0	$0
Lenard Kaye	Director until 9/10/2024	1.00	Director	$0	$0	$0
Jeannee Parker Martin	Director	1.00	Director	$0	$0	$0
Aviva Sufian	Director	1.00	Director	$0	$0	$0
Michele Thomas	Director	1.00	Director	$0	$0	$0
Najia Orr	Director - 3/5/2024	1.00	Director	$0	$0	$0
Rigo Saborio	Director - 3/5/2024	1.00	Director	$0	$0	$0
Ginna Baik	Chair until 1/19/2024	1.00	Director	$0	$0	$0
Scott M Frisch	Director & AARP EVP & COO	1.00	Director	$0	$75,492	$1,099,565
Sarah Shaw	Secretary & AARP SVP Legal	1.00	Officer	$0	$64,426	$464,470
Thomas Kamber	OATS Executive Director	40.00	Officer	$560,182	$57,258	$617,440
Frederick Fields	VP - Strat, Planning & Adm	40.00	Officer	$448,710	$75,222	$523,932
Alexander Glazebrook	VP - Program Operations	40.00	Highest	$256,333	$35,933	$292,266
Marisa Giorgi	Director - Curriculum	40.00	Highest	$175,069	$51,536	$226,605
Suzanne Myklebust	Director - Communications	40.00	Highest	$175,350	$33,854	$209,204
Ines Escandon	Director - Impact & Learning	40.00	Highest	$159,925	$38,355	$198,280
Jesse Werthman	Finance Director - NYC	40.00	Highest	$174,460	$51,431	$225,891

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	$18,686,197	$15,760,172	$15,158,472	$2,926,025
2024	$18,686,197	$15,760,172	$15,158,472	$2,926,025
2023	$13,257,588	$13,044,313	$10,594,747	$213,275
2022	$11,697,165	$13,168,929	$6,947,521	$-1,471,764
2021	$10,527,864	$8,461,544	$6,542,984	$2,066,320
2020	$6,770,707	$6,781,460	$4,283,577	$-10,753
2019	$5,613,566	$5,414,310	$5,017,913	$199,256
2018	$6,344,538	$4,126,706	$3,910,109	$2,217,832

Older Adults Technology Services