South Florida Institute On Aging Inc
- Assets
- $509.8k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 61
- Location
- Fort Lauderdale, FL
- Founding
- 08/1972
- Data as of
- 06/2021
- EIN
- 59-1297932
Organization Overview
South Florida Institute On Aging Inc is located in Fort Lauderdale, FL. The organization was established in 1972. As of 06/2021, South Florida Institute On Aging Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Florida Institute On Aging Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, South Florida Institute On Aging Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $2.4m during the year ending 06/2021. While expenses have increased by 4.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOFIA IMPROVES ECONOMIC AND SOCIAL INSIGHTS AND SERVICES TO EMPOWER PEOPLE AS THEY AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER GRANDPARENT PROGRAM: PROVIDES SUPPORTIVE PERSON-TO PERSON SERVICES IN HEALTH, EDUCATION, WELFARE OR RELATED SETTINGS TO ALLEVIATE THE PHYSICAL, MENTAL OR EMOTIONAL PROBLEMS OF CHILDREN HAVING SPECIAL OR EXCEPTIONAL NEEDS.
RESPITE FOR ELDERS LIVING IN EVERYDAY FAMILIES
LEGACY CORPS FOR VETERAN AND MILITARY FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed French Secretary | OfficerTrustee | 2 | $0 |
Jim Walker Treasurer | OfficerTrustee | 2 | $0 |
Lynn Brewer Chair | OfficerTrustee | 2 | $0 |
Todd Radosevich Vice-Chair | OfficerTrustee | 2 | $0 |
Maria Isabel Darquea Director | Trustee | 2 | $0 |
Kandace Lesher Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,237,645 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,237,645 |
| Total Program Service Revenue | $0 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,237,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,124,665 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $270,108 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,025 |
| Total functional expenses | $2,395,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,077 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $188,408 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,111 |
| Net Land, buildings, and equipment | $37,809 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,400 |
| Total assets | $509,805 |
| Accounts payable and accrued expenses | $209,097 |
| Grants payable | $0 |
| Deferred revenue | $330,199 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $539,296 |
| Net assets without donor restrictions | -$29,491 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $509,805 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that South Florida Institute On Aging Inc has recieved totaling $370,133.
| Awarding Organization | Amount |
|---|---|
The Frederick A Deluca Foundation Inc Pompano Beach, FL PURPOSE: SOFIA CARES | $100,000 |
United Way Of Broward County Fort Lauderdale, FL PURPOSE: General Support | $98,469 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL PURPOSE: SOFIA TECH SERVICES | $75,000 |
Community Foundation Of Broward Inc Fort Lauderdale, FL PURPOSE: DIGNITY IN AGING ITM | $50,000 |
Areawide Council On Aging Of Broward County Inc Sunrise, FL PURPOSE: Elderly Services | $36,664 |
Aarp Washington, DC PURPOSE: Sponsorship of virtual annual event | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ums-Wright Corporation Mobile, AL | $47,143,779 | $23,485,444 |
Boys & Girls Clubs Of Metro Atlanta Inc Chamblee, GA | $73,032,085 | $27,276,380 |
Boys & Girls Clubs Of Central Florida Orlando, FL | $41,538,088 | $66,034,982 |
Boys & Girls Clubs In Tennessee Knoxville, TN | $1,653,510 | $17,742,199 |
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
Girl Scouts Of Greater Atlanta Inc Mableton, GA | $22,059,328 | $15,879,843 |
Boys And Girls Clubs Of Northeast Florida Inc Jacksonville, FL | $19,339,095 | $21,038,909 |
Florida Sheriffs Youth Ranches Inc Boys Ranch, FL | $84,342,372 | $25,037,131 |
Upward Unlimited Spartanburg, SC | $35,641,784 | $21,946,822 |
Florida Citrus Sports Association Inc Orlando, FL | $20,845,028 | $15,292,474 |
Boys & Girls Clubs Of Broward County Fort Lauderdale, FL | $58,862,224 | $16,788,989 |