Golden Age Inc
Nonprofit profile at a glance
- EIN
- 640339632
- IRS 990 coverage
- 2013–2025
- Forms available
- Form 990 2025
- Location
- Greenwood, MS, USA
- Phone
- 6624536323
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $11,564,094
- Expenses
- $10,679,775
- Assets
- $16,550,473
- Liabilities
- $1,192,345
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- RUSSELL ROBERTSON (PRESIDENT)
Highest reported compensation
- TABATHA WATKINS (ADMINISTRATO): $131,112 total reported compensation
- JACQUELINE WARE (NURSE PRACTI): $130,979 total reported compensation
- VALERIE RICHARDSON (NURSE): $128,950 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Patient care for the aged
What it reported doing in 2025
Patient care for the aged. There were no grants or allocations to others
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 90
- Accountability: 81
- Sustainability: 54
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.5%; rating input score 84
- Program expense ratio: 92.8%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 84.6%; rating input score 85; 15th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.6%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 1.55; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 3.7%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: -2.2% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -1.8% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 83.5% of revenue deployed · 92.8% of spending went to programs
- Governance: 11 of 13 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $9.9M in reported program spending
- Leadership: top reported pay $131K · 16 people listed
- Highest-paid contractors: 1 contractor listed · $287K reported
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules
- Filing history: 13 filing years from 2013 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.