Boyd County Council On Aging Inc
- Assets
- $190.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, KY
- Founding
- 12/1971
- Data as of
- 12/2020
- EIN
- 61-0718245
Organization Overview
Boyd County Council On Aging Inc is located in Ashland, KY. The organization was established in 1971. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boyd County Council 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 12/2020, Boyd County Council On Aging Inc generated $36.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $35.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (27.5%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE AN ENGAGING ENVIRONMENT OF FELLOWSHIP AND CONVERSATION FOR SENIOR ADULTS, OFFERING HOT MEALS, ACTIVITIES, ART CLASSES, ASSISTANCE WITH SOCIAL SECURITY, MEDICARE, TAXES AND OTHER EDUCATIONAL PROGRAMS RELATING TO SENIOR ADULTS. TYPICALLY SERVES APPROX. 150 SENIOR ADULTS PER WEEK. COVID-19 IMPACTED SERVICE LEVEL DURING 2020 FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Anderson Chair, Board Of Dir | 0 | $0 | |
Bernard O'nan Treasurer | 0 | $0 | |
Nancy Payne Secretary | 0 | $0 | |
Kevin Lett Director | 0 | $0 | |
Diana Clark Director | 0 | $0 | |
Brent Clark Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,624 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $69 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,693 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,510 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $12,406 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,098 |
| Total expenses | $35,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,516 |
| Other assets | $0 |
| Total assets | $189,975 |
| Total liabilities | $0 |
| Net assets or fund balances | $189,975 |