Sage Eldercare

Nonprofit profile at a glance

EIN
221657929
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Summit, NJ, USA
Phone
9082735550
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$3,224,170
Expenses
$3,461,935
Assets
$5,662,213
Liabilities
$243,342

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

Leadership & pay

10 people listed

Executive titles in this filing

  • LESLIE HARDIN (PRESIDENT)
  • CHERYL LABELLE (VICE PRESIDENT)
  • GALINA MULLER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • GALINA MULLER (EXECUTIVE DIRECTOR): $151,000 total reported compensation

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

Overview

Mission

Sage eldercare is a nonprofit corporation founded in 1954 and located in summit, New Jersey. Sage eldercare is a unique community resource that offers a comprehensive array of community-based programs and services under one roof for older adults and family caregivers. Sage's

What it reported doing in 2024

Sage eldercare's spend-a-day adult day health care center: since 1975, spend-a-day has been enriching the lives of frail and vulnerable older adults by providing a safe, engaging, and supportive environment. Our adult day program offers:- meaningful daily activities that stimulate both mind and body.- health monitoring by a full-time registered nurse.- nutritious snacks and hot noon meals.- a home-away-from-home atmosphere designed for safety and comfort.participants in the spend-a-day program benefit from improved cognitive and physical health, peer interaction, and the ability to maintain their independence. At the same time, family caregivers receive much-needed respite and support, giving them the time to recharge or attend to other responsibilities.licensed by the department of health and senior services since 1999, spend-a-day is staffed by professionals experienced in supporting individuals with a wide range of conditions, including:- alzheimer's disease and related dementias (early to late stages).- limited mobility and post-stroke recovery.- diabetes, parkinson's disease, and cardiac conditions.- depression and post-fracture recoveryour team includes a full-time registered nurse for daily care and medication management, as well as a full-time licensed social worker who provides counseling and support for both participants and their families.we also offer access to a wide range of supportive health services, including:- physical, speech, and occupational therapy.- nutritional counseling.- wellness education and more.in 2024, spend-a-day provided over 39,018 hours of care to 78 participants, offering vital support not just to older adults, but to their caregivers as well.

Operating model

Revenue model
Other-operating. 68% of the money available for current operations came from other operating 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 65
  • Accountability: 95
  • Sustainability: 39
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.6%; rating input score 98
  • Program expense ratio: 88.7%; rating input score 89
  • Fundraising efficiency: $4.48 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.4%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 1.64; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -1.8% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -2.2% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 97.6% of revenue deployed · 88.7% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $3.1M in reported program spending
  • Leadership: top reported pay $151K · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 15/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.