Rappahannock Area Agency on Aging Inc
Nonprofit profile at a glance
- EIN
- 541027651
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Fredericksburg, VA, USA
- Phone
- 5403713375
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $2,209,209
- Expenses
- $2,198,735
- Assets
- $2,535,921
- Liabilities
- $1,613,653
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Highest reported compensation
- PATRICIA HOLLAND (EXECUTIVE DI): $124,077 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to enhance the quality of life for all older citizens
What it reported doing in 2024
Raaa provides assistance to senior citizens within pd16 through a multitude of programs. Some of our major programs include weatherization, homemakers, mobility options, nutrition and transportation. The nutrition program encompasses providing nutritious meals to seniors in the pd16 of the commonwealth. We have two categories under this program. Home delivered nutrition is intended to provide dietary support for homebound individuals who are unable to cook or prepare meals for themselves and do not have access to adequate nutrition. Raaa's senior cafe's provide nutrition as well as social, recreation, and physical activities, in addition to shopping, and events the mobility options program is a grant funded program providing transportation, counseling, travel training, and personalized transportation for pd16. Services may be provided to person of any age with with a physical, developmental or intellectual disability, or persons that are sixty (60) years of age or older. Transportation services are provided to participants of our cafe program who lack the ability to transport themselves and lack other means of transportation.
Operating model
- Revenue model
- Grant-funded. 93% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 91% 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.
- 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 36
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.3%; rating input score 94
- Program expense ratio: 94.5%; rating input score 94
- Fundraising efficiency: $2,053.62 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- 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: Pass
Sustainability
- Operating margin: 0.5%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 1.15; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.64; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: -1.2% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -0.6% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 16th percentile among comparable filings
Details
- Where the money goes: 94.3% of revenue deployed · 94.5% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.1M in reported program spending
- Leadership: top reported pay $124K · 12 people listed
- Consistency: 34 of 34 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.