Northwestern Il Area Agency on Aging

Nonprofit profile at a glance

EIN
362742719
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Rockford, IL, USA
Phone
8152264901
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$11,943,580
Expenses
$11,957,195
Assets
$3,255,460
Liabilities
$2,849,474

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ELAINE M SHARPE (PRESIDENT)
  • LINDA NIEMIEC (VICE PRESIDENT)
  • GRANT NYHAMMER (EXECUTIVE DIRECTOR(END 12/31/2024))
  • JEFFREY BARNES (EXECUTIVE DIRECTOR (EFF 1/1/2025))

Highest reported compensation

  • GRANT NYHAMMER (EXECUTIVE DIRECTOR(END 12/31/2024)): $145,213 total reported compensation
  • LEISA NAFF (DEPUTY DIRECTOR): $100,613 total reported compensation
  • JEFFREY BARNES (EXECUTIVE DIRECTOR (EFF 1/1/2025)): $73,829 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To enable older persons to live in dignity and independence.

What it reported doing in 2024

Niaaa develops and administers an area plan for aging services in northwestern Illinois. The area plan is a comprehensive planning, management and funding document. In developing the plan, niaaa assesses the needs of older adults, identifies issues for long-range planning, sets priorities for funding, and outlines state and local initiatives. As part of the planning and funding process, a network of social, nutritional, and other supportive services for older persons and their caregivers is established.

Operating model

Revenue model
Grant-funded. 100% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.

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: 84
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 26
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.8%; rating input score 95
  • Program expense ratio: 94.7%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th 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: -0.1%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.88; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 8.3% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 10.2% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 94.8% of revenue deployed · 94.7% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $11.3M in reported program spending
  • Leadership: top reported pay $145K · 12 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Related organizations: 12 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.
  • 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.

  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.