Positive Maturity Inc is located in Birmingham, AL. 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. As of 09/2021, Positive Maturity Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Positive Maturity 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 09/2021, Positive Maturity Inc generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $1.4m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 6 years. 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
ENHANCE LIVES OF MATURE ADULTS THROUGH SOCIAL SERVICES AND CIVIC ENGAGEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER GRANDPARENT PROGRAM: ALABAMA RANKS 47TH IN THE NATION FOR EDUCATION AND HAS ONE OF THE HIGHER HIGH SCHOOL DROP-OUT RATES. IN ADDITION TO THE ACADEMIC NEEDS OF YOUNGER CHILDREN TO BE SUCCESSFUL, THE INCREASED GEOGRAPHIC MOBILITY, LACK OF ORGANIZED ACTIVITIES IN POOR NEIGHBORHOODS, AND THE RISE OF SINGLE-PARENT FAMILIES AND FAMILIES WITH TWO WORKING PARENTS HAVE REDUCED THE NUMBER OF ADULT ROLE MODELS IN THE DAY-TO-DAY LIVES OF CHILDREN. THIS INCREASES THE RISK FACTORS FOR DROPOUT RATES. FOSTER GRANDPARENTS MEET THIS NEED BY UTILIZING LOW INCOME SENIOR VOLUNTEERS WHO ARE ABLE TO PASS A PHYSICAL AND EXTENSIVE BACKGROUND CHECKS, AND HAVE A DESIRE TO IMPACT HTE LIFE OF A CHILD. EACH FOSTER GRANDPARENT DEDICATES A MINIMUM OF 16 HOURS PER WEEK TO MENTOR, TUTOR, AND ASSIST CHILDREN WITH SPECIAL NEEDS. IN RETURN, FOSTER GRANDPARENTS EARN A SMALL STIPEND OF $3.00 PER HOUR AS WELL AS TRANSPORTATION COSTS, AND MEAL REIMBURSEMENT FOR THE VOLUNTEER. FOSTER GRANDPARENTS ALSO RECEIVE 40 HOURS OF TRAINING PRIOR TO BEING PLACED AND EACH MONTH HAVE AN IN-SERVICE TO KEEP THEM UP TO DATE ON ALL THE LATEST INFORMATION ABOUT CARING FOR SOMEONE.
SENIOR COMPANION PROGRAM: AGING SENIORS WHO ARE FRAIL OR ILL ARE OFTEN UNABLE TO MANAGE THEIR DAY TO DAY TASKS SUCH AS MEAL PREPARATION, HOUSEKEEPING, LAUNDRY, TRANSPORTATION, AND REMEMBERING IMPORTANT TASKS EACH DAY LIKE TAKING MEDICATION. OLDER, FRAILER, SENIORS ARE ALSO AT RISK FOR SOCIAL ISOLATION AND DEPRESSION AS THEY DO NOT FEEL LIKE LEAVING THEIR HOMES AND MANY OF THEIR FRIENDS ARE NO LONGER AVAILABLE. THE SENIOR COMPANION PROGRAM UTILIZES OTHER OLDER ADULTS (55+) TO ASSIST THOSE SENIORS WHO ARE FRAIL OR ILL. THEY CAN HELP WITH DAILY LIVING SKILLS, REMIND THEM OF IMPORTANT TASKS, ACCOMPANY THEM TO ACTIVITIES OUTSIDE THE HOME, AND BECOME A FRIEND THAT IS DEPENDABLE. THEY CAN ALSO PROVIDE RESPITE SERVICES TO FAMILIES IN NEED. SENIOR COMPANIONS ARE LOW-INCOME INDIVIDUALS WHO ARE AT OR BELOW THE POVERTY LEVEL. THIS IS A STIPEND PROGRAM THAT PAYS $3.00/HR., TRANSPORTATION COSTS, AND MEAL REIMBURSEMENT FOR THE VOLUNTEER. SENIOR COMPANIONS ALSO RECEIVE 40 HOURS OF TRAINING PRIOR TO BEING PLACED AND EACH MONTH HAVE AN IN-SERVICE TO KEEP THEM UP TO DATE ON ALL THE LATEST INFORMATION ABOUT CARING FOR SOMEONE.
RETIRED SENIOR VOLUNTEER PROGRAM: ALL COMMUNITIES DEPEND ON VOLUNTEERS, BOTH FORMAL AND INFORMAL TO ADDRESS A RANGE OF COMMUNITY PROBLEMS AND NEEDS THAT OTHER INSTITUTIONS CANNOT HANDLE THEMSELVES. RESEARCH HAS SHOWN THAT THERE ARE MANY BENEFITS FOR THOSE WHO VOLUNTEER AND IT IS MORE BENEFICIAL TO OLDER ADULTS THAN YOUNGER INDIVIDUALS. THE BENEFITS GO BEYOND JUST MAKING THE VOLUNTEER FEEL BETTER ABOUT THEMSELVES, IT HELPS OLDER ADULTS REMAIN ACTIVE WHICH CAN IMPROVE THEIR OVERALL HEALTH AND MENTAL HEALTH. POSITIVE MATURITY PROVIDES A VARIETY OF VOLUNTEER OPPORTUNITIES THROUGHOUT THE FOUR COUNTY AREA THROUGH COMMUNITY PARTNERSHIPS WITH OTHER NONPROFITS, GOVERNMENTAL AGENCIES, EDUCATIONAL INSTITUTIONS, PROPRIETARY HEALTH ORGANIZATIONS, AND COMMUNITY ORGANIZATIONS. VOLUNTEERS ARE MATCHED BASED ON THEIR INTERESTS AND SKILLS. EACH VOLUNTEER ASSIGNMENT PROVIDES MEANINGFUL ACTIVITIES THAT PROMOTE CHANGE AND CAN BE MEASURED. VOLUNTEERS ARE ALSO PROVIDED WITH ONGOING SUPPORT THROUGH RSVP. TRAININGS, APPRECIATION ACTIVITIES, AND ACCESS TO SOCIAL SERVICES ALL HELP MAKE THE VOLUNTEER EXPERIENCE GREAT.
OTHER PROGRAM SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Penny Kakoliris Executive Director | Officer | 45 | $75,222 |
Michele Blackmon Finance Director | Officer | 45 | $53,109 |
Crystal Crim President | OfficerTrustee | 4 | $0 |
Chris White Vice President | OfficerTrustee | 4 | $0 |
Sarah Moss Treasurer | OfficerTrustee | 4 | $0 |
Margie Gilbert Secretary | OfficerTrustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $586,039 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $915,868 |
All other contributions, gifts, grants, and similar amounts not included above | $16,952 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,518,859 |
Total Program Service Revenue | $0 |
Investment income | $6,045 |
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 | $1,524,904 |
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. | $128,331 |
Compensation of current officers, directors, key employees. | $42,354 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $409,843 |
Pension plan accruals and contributions | $29,010 |
Other employee benefits | $55,536 |
Payroll taxes | $41,155 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,655 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $24,598 |
Advertising and promotion | $55,882 |
Office expenses | $9,823 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $72,997 |
Travel | $3,311 |
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 | $1,959 |
Insurance | $29,261 |
All other expenses | $57,133 |
Total functional expenses | $1,409,481 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $518,442 |
Savings and temporary cash investments | $166,654 |
Pledges and grants receivable | $109,345 |
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 | $16,187 |
Net Land, buildings, and equipment | $2,253 |
Investments—publicly traded securities | $318,454 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,131,335 |
Accounts payable and accrued expenses | $2,546 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $2,546 |
Net assets without donor restrictions | $1,120,322 |
Net assets with donor restrictions | $8,467 |
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 | $1,131,335 |
Over the last fiscal year, we have identified 2 grants that Positive Maturity Inc has recieved totaling $570,232.
Awarding Organization | Amount |
---|---|
United Way Of Central Alabama Inc Birmingham, AL PURPOSE: ALLOCATIONS (GENERAL OPERATING) | $570,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Organization Name | Assets | Revenue |
---|---|---|
Community Senior Life Inc Orange Beach, AL | $9,773,868 | $15,042,221 |
Wellmont Wexford House Johnson City, TN | $11,769,586 | $11,612,147 |
Legacy Link Inc Oakwood, GA | $6,797,475 | $15,898,819 |
Senior Friendship Centers Inc Sarasota, FL | $7,718,507 | $14,603,342 |
Osceola County Council On Aging Inc Kissimmee, FL | $13,037,734 | $12,220,909 |
Urban Jacksonville Inc Jacksonville, FL | $2,757,094 | $11,252,205 |
Seniors First Inc Orlando, FL | $6,851,781 | $11,637,744 |
Senior Resource Association Inc Vero Beach, FL | $8,451,847 | $10,763,473 |
Mississippi Methodist Senior Services Inc Tupelo, MS | $17,507,695 | $12,065,039 |
Area Agency On Aging For North Florida Inc Tallahassee, FL | $2,078,235 | $9,162,793 |
Mae Volen Senior Center Inc Boca Raton, FL | $17,425,288 | $9,257,100 |
Neighborly Care Network Inc Clearwater, FL | $5,766,018 | $8,221,648 |