AREA AGENCY OF AGING OF CENTRAL FL

EIN: 593144723 501(c)(3) Human Services

ORLANDO, FL

Total Revenue
$36,364,990
Total Expenses
$35,263,801
Total Assets
$8,748,300
Net Assets
$3,919,662
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
FL
Principal Officer
KARLA RADKA
Phone
4075141800
Tax Period
2023-01-01 to 2023-12-31

AREA AGENCY OF AGING OF CENTRAL FL, founded in 1992, is a mid-sized nonprofit in the Human Services sector that reported $36.4M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $35.3M left a modest 3% surplus.

Mission

WE ADMINISTER A NETWORK OF SERVICES FOR THE AGING POPULATION IN ORANGE, OSCEOLA, BREVARD, AND SEMINOLE COUNTIES OF FL. WE STRIVE TO MEET NUTRITIONAL AND SERVICE NEEDS OF THE AGING (60 OR OLDER) POPULATION IN THESE AREAS. THE AGENCY CONDUCTS ANNUAL ASSESSMENTS OF THE NEEDS OF ELDERLY POPULATION, DETERMINES RESOURCES AVAILABLE TO SATISFY NEEDS AND THEN PLANS AND COORDINATES PROGRAMS USING AVAILABLE RESOURCES TO ALLEVIATE IDENTIFIED NEEDS. GENERALLY, FINANCIAL RESOURCES ARE IN THE FORM OF GOVERNMENT GRANTS. AGENCY AWARDS MONIES IN THE FORM OF "SERVICE PROVIDER CONTRACTS" TO APPROPRIATE ORGANIZATIONS THAT PROVIDE SERVICE TO THE AGING POPULATION. ALL PROVIDERS RECEIVING CONTRACTS ARE IRS SECTION 501(C)(3) ORGANIZATIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $33,776,272
Program Service Revenue $2,517,284
Investment Income $45,866
Other Revenue $25,568
TOTAL REVENUE $36,364,990

Expense Breakdown

Grants Paid $29,043,058
Salaries & Benefits $3,310,119
Fundraising Expenses $0
Program Expenses $34,957,326
Other Expenses $2,910,624
TOTAL EXPENSES $35,263,801

Year-over-Year Comparison

2023 2022 Change
Revenue $36,364,990 $28,243,810 +0.3%
Expenses $35,263,801 $27,716,777 +0.3%
Net Income $1,101,189 $527,033 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
80
Volunteers
27

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
$181,555
Total Directors
12
$83,527
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT MATSCHNER BOARD CHAIR 1.00
Director
$0 $0 $0
JAY JACKSON CHAIRPERSON 1.00
Director
$0 $0 $0
EDDIE COLE TREASURER 1.00
Director
$0 $0 $0
RACHAEL MAZER-WHITEGON SECRETARY 1.00
Director
$0 $0 $0
SCOTT SEARS CHAIRPERSON 1.00
Director
$0 $0 $0
SCOTT PLAKON BOARD MEMBER 1.00
Director
$0 $0 $0
CECILIA FIGUEROA BOARD MEMBER 1.00
Director
$0 $0 $0
HOMAN MACHUCA BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE SCARBROUGH TREASURER 1.00
Director
$0 $0 $0
JOSE RUIZ BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
KARLA RADKA CEO 40.00
Officer
$181,555 $0 $181,555
ANN RIGSBY CFO 40.00
Director
$83,527 $0 $83,527
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 $36,364,990 $35,263,801 $8,748,300 $1,101,189
2022 $28,243,810 $27,716,777 $7,547,581 $527,033
2021 $22,567,397 $22,028,394 $4,933,881 $539,003
2020 $25,061,689 $24,647,168 $6,502,405 $414,521
2019 $18,302,673 $18,241,157 $3,609,351 $61,516
2018 $18,230,001 $18,032,770 $3,875,031 $197,231
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare AREA AGENCY OF AGING OF CENTRAL FL with other nonprofits in Florida and across the country.