Foundation for the Elderly Inc Technology First Alliance Inc
Nonprofit profile at a glance
- EIN
- 391961975
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2014, Form 990-EZ 2024, Form 990-N 2023
- Location
- Arden, NC, USA
- Phone
- 8286848441
- Rating confidence
- Limited
Reported finances
- Revenue
- $139,058
- Expenses
- $127,881
- Assets
- $11,377
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- JAMES L PRICE (CHAIRMAN)
- SCOTT JAEGER (SECRETARY)
- WILLIAM CHAMBERS (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To focus on supporting veterans through the use of technology
What it reported doing in 2024
Long-term services and supports (ltss) for individuals who are aging and those with disabilities are unsustainable. The rising cost of care, a growing level of need, and a dramatic short fall in direct care staff underscore the need for a new model of care for the future. Our reimbursement systems and models for delivering care are decades old. More and more people want to receive care and support in their own home. Technology is one of the tools to meet these challenges, and it has been proven effective for almost twenty years. Funders, regulators, service providers, individuals supported and their loved ones see the value that technology enhance support can provide, but they don't know how to make it possible.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 36
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 20% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: -12% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Sustainability: Operating margin scored 54/100.