Metropolitan Area Agency on Aging Inc

Nonprofit profile at a glance

EIN
411774247
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Minneapolis, MN, USA
Phone
6516418612
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Senior Centers

Official website

Reported finances

Revenue
$20,631,064
Expenses
$21,038,227
Assets
$6,615,158
Liabilities
$3,727,870

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • Dawn Simonson (President and CEO)

Highest reported compensation

  • Dawn Simonson (President and CEO): $191,753 total reported compensation
  • Andrew Brown (VP of Communications and Engagement): $154,383 total reported compensation
  • Michael Frazho (VP of Finance): $146,926 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To assist individuals to age well and develop the capacity of communities to care for an aging population.

What it reported doing in 2025

Dementia Friendly Community InitiativesMAAA leads four dementia friendly community initiatives: ACT on Alzheimer's, Dementia Friends Minnesota, The Remember Project and Care Ecosystem. Each of these initiatives strives to make communities good places for people with cognitive impairment to live and thrive.In 2025, 1,594 individuals attended 10 events hosted by The Remember Project. 2,876 people became Dementia Friends by attending information sessions that help them understand how to be supportive of people with dementia and their caregivers. Staff developed a Dementia Friends curriculum designed for children in grades K-2. In collaboration with the University of Minnesota Dental School, the ACT on Alzheimer's program produced an advanced dementia friendly dental practice clinical training program to help dental practitioners better serve patients with dementia. To date, we have trained 230 dental staff and students with a one-hour training module thanks to partnerships with MN Dental Association and area dental schools. In 2025 MAAA launched Care Ecosystem: a free, phone-based program designed to help people living with dementia and their caregivers navigate care and supportive resources. Local care team navigators, in partnership with a licensed social worker, offer personalized guidance and connections to resources like food delivery, transportation, financial assistance, support groups and more.

Operating model

Revenue model
Grant-funded. 97% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 64% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 20
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.7%; rating input score 93
  • Program expense ratio: 90.9%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.56; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: 5.1% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: 5.8% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 92.7% of revenue deployed · 90.9% of spending went to programs
  • Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
  • Programs: 7 filed program accomplishments · $19.1M in reported program spending
  • Leadership: top reported pay $192K · 20 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $102K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 42 filed money-flow records
  • Related organizations: 39 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 — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.