Silver Age Yoga Community Outreach Inc

Nonprofit profile at a glance

EIN
841642673
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Del Mar, CA, USA
Phone
8586933110
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Personal Social Services

Official website

Reported finances

Revenue
$65,075
Expenses
$84,890
Assets
$63,443
Liabilities
$5,423

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

Leadership & pay

6 people listed

People named in this filing

  • MAUREEN POLIMADEI (Director)
  • ROBERT SPINDLER (Treasurer)
  • BARBARA CHENAULT-MILLER (Secretary)

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

Provide free yoga services to low income seniors

What it reported doing in 2024

SENIOR CENTERS YOGA SERVICE PROGRAM: The program is the core mission of Silver Age Yoga. Under this non-profit program, yoga lessons are provided to seniors on a weekly basis by our specially trained teachers at approximately 15 locations in California. Silver Age Yoga teachers are independent contractors, contracted by Silver Age Yoga.Participants include low income seniors, physically limited and handicapped individuals, including visually impaired students at the San Diego Braille Institute, Blind Community Center, the San Diego Center for the Blind, and the Vista Center for the Blind. Improvements in both physical and mental health have been reported by seniors as a result of participating in the program, especially in improved mobility, flexibility and balance. The accomplishments of this program during the year 2024 were as follows:1) Number of locations where services were provided: 152) Number in person 2024 class sessions: 103) Number of virtual classes taught: 3794) Total attendance for all the classes: 18,3575) Average attendance per class: 20Program Cost: $ 24,845.00

Operating model

Revenue model
Donor-supported. 75% 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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 36
  • Transparency & Controls: 100
  • Sustainability: 23
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39%; rating input score 39
  • Program expense ratio: 29.9%; rating input score 30

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: -30.4%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 27.1%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 1.3% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: -2.9% per year; rating input score 0; 40th percentile among comparable filings
  • Asset growth: 4.9% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 39% of revenue deployed · 29.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $25K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2014 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 30/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.