COUNCIL ON AGING OF WEST FLORIDA INC

EIN: 591373939 501(c)(3)

PENSACOLA, FL

Total Revenue
$8,795,918
Total Expenses
$9,070,308
Total Assets
$2,423,685
Net Assets
$560,152
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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
1972
Legal Domicile
FL
Principal Officer
JOSH NEWBY
Phone
8504321475
Tax Period
2024-01-01 to 2024-12-31

COUNCIL ON AGING OF WEST FLORIDA INC, founded in 1972, is a community nonprofit that reported $8.8M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

DEDICATING EACH DAY TO SERVE, SUPPORT, AND ADVOCATE FOR AGING ADULTS IN ESCAMBIA AND SANTA ROSA COUNTIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $8,216,055
Program Service Revenue $513,172
Investment Income $51,484
Other Revenue $15,207
TOTAL REVENUE $8,795,918

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,162,356
Fundraising Expenses $226,746
Program Expenses $8,615,692
Other Expenses $6,907,952
TOTAL EXPENSES $9,070,308

Year-over-Year Comparison

2024 2023 Change
Revenue $8,795,918 $6,980,092 +0.3%
Expenses $9,070,308 $7,335,459 +0.2%
Net Income $-274,390 $-355,367 -0.2%
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

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Governance

Voting Members
20
Independent Members
20
Employees
66
Volunteers
506

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
$289,115
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MALCOLM BALLINGER CHAIRPERSON 1.00
Officer Director
$0 $0 $0
SEAN P MAGERKORTH FIRST VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
RABBI JOEL FLEEKOP SECOND VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
LOIS B LEPP IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
PC WU SECRETARY 1.00
Officer Director
$0 $0 $0
MARCELLA BEADEN MEMBER 1.00
Director
$0 $0 $0
KEITH CARRINGTON MEMBER 1.00
Director
$0 $0 $0
DEBORAH J CORBIN MEMBER 1.00
Director
$0 $0 $0
SONYA DANIEL MEMBER 1.00
Director
$0 $0 $0
PETE DOYLE MEMBER 1.00
Director
$0 $0 $0
BRANDI GOMEZ MEMBER 1.00
Director
$0 $0 $0
RODNEY GUTTMAN MEMBER 1.00
Director
$0 $0 $0
MARY E HOXENG MEMBER 1.00
Director
$0 $0 $0
COMM LUMON MAY MEMBER 1.00
Director
$0 $0 $0
MARIANNE MCMAHON MEMBER 1.00
Director
$0 $0 $0
CRYSTAL SCOTT MEMBER 1.00
Director
$0 $0 $0
CARON SJOBERG MEMBER 1.00
Director
$0 $0 $0
SUE STRAUGHN MEMBER 1.00
Director
$0 $0 $0
RACHEL MILLER MEMBER 1.00
Director
$0 $0 $0
CHARLIE NICHOLS MEMBER 1.00
Director
$0 $0 $0
JOSH NEWBY CEO/PRESIDENT 40.00
Officer
$129,709 $18,870 $148,579
LAURA GARRETT EXECUTIVE VICE PRESIDENT 40.00
Officer
$122,243 $18,293 $140,536
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 $8,795,918 $9,070,308 $2,423,685 $-274,390
2023 $6,980,092 $7,335,459 $2,090,856 $-355,367
2022 $7,087,911 $7,159,012 $2,383,448 $-71,101
2021 $5,771,145 $5,996,957 $2,501,377 $-225,812
2020 $6,273,863 $6,453,287 $2,626,074 $-179,424
2019 $6,171,285 $6,478,055 $2,795,100 $-306,770
2018 $5,882,449 $5,950,663 $3,022,935 $-68,214
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