Positiveage

Nonprofit profile at a glance

EIN
820595841
IRS 990-EZ coverage
2023–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2021
Location
Glen Allen, VA, USA
Phone
8049252540
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Professional Societies, Associations

Reported finances

Revenue
$27,234
Expenses
$56,888
Assets
$187,675
Liabilities
$152,927

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

Leadership & pay

10 people listed

Executive titles in this filing

  • MELISSA ANDREWS (PRESIDENT/CE)

People named in this filing

  • MELISSA ANDREWS (PRESIDENT/CE)
  • RODNEY ALDERFER (DIRECTOR)
  • ROBERT DORTCH JR (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

Transforming the aging experience in Virginia by securing funds to build coalitions and develop innovative solutions to promote positive aging.

What it reported doing in 2024

Food justice for older adults in the richmond region to support advocacy for policies and/or legislation that will ease the impact of reduced supplemental nutrition assistance program benefits for older adults.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Sustainability: 33
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.6%; rating input score 93
  • Program expense ratio: 44.2%; rating input score 44

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -108.9%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 3.3; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 0.81; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -33.7% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -38.2% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 47.1% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 92.6% of revenue deployed · 44.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $25K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 44/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.