The 60 Plus Foundation Inc

Nonprofit profile at a glance

EIN
455076466
IRS 990 coverage
2016–2025
Forms available
Form 990 2025, Form 990-N 2015
Location
Alexandria, VA, USA
Phone
5712161928
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Seniors' Rights

Official website

Reported finances

Revenue
$710,487
Expenses
$634,618
Assets
$120,030
Liabilities
$252,391

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • SAUL ANUZIS (PRESIDENT)

Highest reported compensation

  • JAMES MARTIN (CHAIRMAN): $106,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The 60 plus foundation, inc. Is a 501(c)(3) non partisan educational organization formed to identify these problems and needs, and to seek alternative solutions developed through the private sector, financed through the free enterprise system, which enhance the quality of life, dignity, and security of american senior citizens. The foundation brings together segments of the public, representatives of civic institutions, leaders in private enterprise, and specialists in educational disciplines to restore the vigor, intentions and beliefs of our founding fathers, as those intentions and beliefs relate to senior isssues. We work to rekindle a nation and a culture that assists, supports, and provides opportunities to its senior citizens, while respecting the constitutional right of every citizen to live in dignity and thrive in a democratic society, free from government reliance.

What it reported doing in 2025

Providing resources and education materials to senior citizens.

Operating model

Revenue model
Donor-supported. 100% 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 a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 92
  • Accountability: 87
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.3%; rating input score 70
  • Program expense ratio: 78.7%; rating input score 79
  • Fundraising efficiency: $7.16 raised per $1 spent on fundraising; rating input score 25; 25th 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 77.8%; rating input score 78; 20th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.7%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 2.1; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -9.6% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -10.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 8.2% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 70.3% of revenue deployed · 78.7% of spending went to programs
  • Governance: 7 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $499K in reported program spending
  • Leadership: top reported pay $106K · 9 people listed
  • Highest-paid contractors: 1 contractor listed · $120K reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 9 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Fundraising efficiency scored 25/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.