COUNCIL ON AGING OF VOLUSIA COUNTY INC

EIN: 591160221 501(c)(3)

DAYTONA BEACH, FL

Total Revenue
$8,882,672
Total Expenses
$9,006,393
Total Assets
$7,418,975
Net Assets
$994,379
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
FL
Principal Officer
TERRI KAROL
Phone
3862534700
Tax Period
2023-10-01 to 2024-09-30

COUNCIL ON AGING OF VOLUSIA COUNTY INC, founded in 1967, is a community nonprofit that reported $8.9M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE LEADERSHIP, ADVOCACY, CRITICAL SUPPORT SERVICES AND AN ADMINISTRATIVE ORGANIZATION ON BEHALF OF OLDER PERSONS IN VOLUSIA COUNTY, FLORIDA, WITH THE PURPOSE OF ASSURING TO THEM THE MAXIMUM POSSIBLE INDEPENDENCE, DIGNITY AND PERSONAL WELFARE.

Program Service Accomplishments

Program 1
Expenses: $7,360,830 Revenue: $304,375

OLDER AMERICANS ACT - UNDER THE OLDER AMERICANS ACT LEGISLATION, U.S. RESIDENTS OVER 60 YEARS OF AGE ARE ELIGIBLE FOR SERVICES WITH PRIORITY GIVEN TO THE PEOPLE WITH THE MOST ECONOMIC AND SOCIAL...

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OLDER AMERICANS ACT - UNDER THE OLDER AMERICANS ACT LEGISLATION, U.S. RESIDENTS OVER 60 YEARS OF AGE ARE ELIGIBLE FOR SERVICES WITH PRIORITY GIVEN TO THE PEOPLE WITH THE MOST ECONOMIC AND SOCIAL NEED. THESE SERVICES INCLUDE CONGREGATE AND HOME DELIVERED MEALS, NUTRITION EDUCATION, HOMEMAKING, PERSONAL CARE, MATERIAL AID, TRANSPORTATION, IN-HOME AND IN-FACILITY RESPITE, CAREGIVER TRAINING AND SUPPORT, INFORMATION, REFERRAL, OUTREACH, EDUCATION AND COUNSELING.COMMUNITY CARE FOR THE ELDERLY - THE STATE OF FLORIDA GENERAL REVENUE PROGRAM PROVIDES IN-HOME SERVICES FOR CLIENTS OVER 60 YEARS OF AGE WHO HAVE BEEN ASSESSED FUNCTIONALLY IMPAIRED BY TRAINED CASE MANAGERS. THIS PROGRAM INCLUDES FOLLOW-UP VISITS AND PROVIDES LINKS TO OTHER COMMUNITY SERVICES. THESE SERVICES INCLUDE CASE MANAGEMENT, HOMEMAKING, PERSONAL CARE, RESPITE, ADULT DAY CARE, MEALS, EMERGENCY ALERT RESPONSE, MEDICAL TRANSPORTATION, MATERIAL AID AND PEST CONTROL.ALZHEIMER'S DISEASE INITIATIVE - THE STATE FUNDED PROGRAM PROVIDES RESPITE CARE SERVICES, INCLUDING IN-HOME SERVICES FOR THE VICTIMS OF ALZHEIMER'S DISEASE AND PROVIDES TRAINING FOR CAREGIVERS OF THESE VICTIMS.HOME CARE FOR THE ELDERLY - THE GOAL OF THE HCE PROGRAM IS TO ENCOURAGE THE PROVISION OF CARE FOR ELDERS IN FAMILY-TYPE LIVING ARRANGEMENTS IN PRIVATE HOMES AS AN ALTERNATIVE TO INSTITUTIONAL CARE. THE PROGRAM ENCOURAGES CAREGIVERS TO PROVIDE, ON A NOT-FOR-PROFIT BASIS, BASIC SUPPORT AND MAINTENANCE, AS WELL AS ASSISTANCE IN ARRANGING SPECIALIZED SERVICES FOR ELDERLY RELATIVES OR NON-RELATIVES. CASE MANAGEMENT AND SUBSIDY PAYMENTS ARE AVAILABLE TO QUALIFIED CAREGIVERS AND/OR VENDORS ON BEHALF OF ELIGIBLE CLIENTS.

Program 2
Expenses: $586,326 Revenue: $46,005

PUBLIC GUARDIANSHIP PROGRAM - THE COUNCIL ON AGING IS THE PUBLIC GUARDIAN FOR VOLUSIA COUNTY, CARING FOR THE MOST INDIFENT INDIVIDUALS AS DETERMINED BY THE COURT TO BE UNABLE TO MANAGE THEIR OWN...

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PUBLIC GUARDIANSHIP PROGRAM - THE COUNCIL ON AGING IS THE PUBLIC GUARDIAN FOR VOLUSIA COUNTY, CARING FOR THE MOST INDIFENT INDIVIDUALS AS DETERMINED BY THE COURT TO BE UNABLE TO MANAGE THEIR OWN AFFAIRS. GUARDIANSHIP MAY BE FOR THE PERSON, THEIR PROPERTY, OR BOTH. COA ALSO ACTS AS A PROFESSIONAL GUARDIAN EXPANDING THE PROGRAM TO THOSE THAT DO NOT QUALIFY UNDER THE PUBLIC PROGRAM.

Program 3
Expenses: $279,246 Revenue: $133,669

SENIOR CENTERS - THE COUNCIL ON AGING OPERATES AND MAINTAINS FOUR FULL-TIME SENIOR CENTERS THROUGHOUT VOLUSIA COUNTY. PROGRAMS ARE FOCUSED ON THE AREAS OF HEALTH, EDUCATION, AND RECREATION...

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SENIOR CENTERS - THE COUNCIL ON AGING OPERATES AND MAINTAINS FOUR FULL-TIME SENIOR CENTERS THROUGHOUT VOLUSIA COUNTY. PROGRAMS ARE FOCUSED ON THE AREAS OF HEALTH, EDUCATION, AND RECREATION. ALLOTMENTS FROM VOLUSIA COUNTY CITIES, CONTRIBUTIONS FROM THE PUBLIC AND PARTICIPANTS, MEMBERSHIP DUES, AND PROGRAM FEES OFFSET THE COSTS OF OPERATING THE CENTERS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,374,904
Program Service Revenue $482,929
Investment Income $45,336
Other Revenue $-20,497
TOTAL REVENUE $8,882,672

Expense Breakdown

Grants Paid $4,715
Salaries & Benefits $4,154,842
Fundraising Expenses $149,754
Program Expenses $8,226,402
Other Expenses $4,846,836
TOTAL EXPENSES $9,006,393

Year-over-Year Comparison

2023 2022 Change
Revenue $8,882,672 $7,649,107 +0.2%
Expenses $9,006,393 $8,114,040 +0.1%
Net Income $-123,721 $-464,933 -0.7%
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
18
Independent Members
18
Employees
142
Volunteers
154

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
7
$255,838
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOBBY THIGPEN CHAIRMAN 1.00
Officer Director
$0 $0 $0
DEAN G PEPE VICE CHAIR 1.00
Officer Director
$0 $0 $0
BEN EBY TREASURER 1.00
Officer Director
$0 $0 $0
LINDA WEBSTER-DUBEA SECRETARY 1.00
Officer Director
$0 $0 $0
NANCY LOHMAN IMMEDIATE PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
JORDAN JILOTY DIRECTOR 1.00
Director
$0 $0 $0
AUBREY E LONG PHD DIRECTOR 1.00
Director
$0 $0 $0
JULIAN LOPEZ JR DIRECTOR 1.00
Director
$0 $0 $0
KEITH NORDEN DIRECTOR 1.00
Director
$0 $0 $0
RON NOWVISKIE DIRECTOR 1.00
Director
$0 $0 $0
ANGIE SKINNER DIRECTOR 1.00
Director
$0 $0 $0
MATT HOFFMAN DIRECTOR 1.00
Director
$0 $0 $0
PETER MARTIN DC DIRECTOR 1.00
Director
$0 $0 $0
ANDY THOMAS DIRECTOR 1.00
Director
$0 $0 $0
ANN MARIE ZWEIFEL DIRECTOR 1.00
Director
$0 $0 $0
BEN JOHNSON DIRECTOR, AS OF 9/2024 1.00
Director
$0 $0 $0
WENDY MARA DIRECTOR, AS OF 9/2024 1.00
Director
$0 $0 $0
VICTOR RAMOS DIRECTOR, AS OF 9/2024 1.00
Director
$0 $0 $0
JOIE ALEXANDER DIRECTOR UNTIL 2/2024 1.00
Director
$0 $0 $0
TERRI KAROL CO-EXECUTIVE DIRECTOR & CFO 36.00
Officer
$117,144 $12,198 $135,508
EVELINE KRAIJIC CO-EXECUTIVE DIRECTOR 36.00
Officer
$102,406 $12,534 $120,330
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 $8,882,672 $9,006,393 $7,418,975 $-123,721
2023 $7,649,107 $8,114,040 $8,333,015 $-464,933
2022 $6,851,683 $6,840,975 $5,977,539 $10,708
2021 $6,790,295 $7,027,443 $6,005,975 $-237,148
2020 $7,651,483 $7,087,643 $5,953,281 $563,840
2019 $7,378,714 $6,218,560 $4,997,822 $1,160,154
2018 $6,647,983 $6,409,977 $3,385,687 $238,006
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