The Ageless Foundation
Nonprofit profile at a glance
- EIN
- 853251085
- IRS 990-EZ coverage
- 2020–2021
- Forms available
- Form 990-EZ 2021
- Location
- Genoa City, WI, USA
- Phone
- 7087378797
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Youth Development – Citizenship
Reported finances
- Revenue
- $507
- Expenses
- $15,845
- Assets
- $571
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ANDREW DURHAM (CEO)
People named in this filing
- ANDREW DURHAM (CEO)
- ANDREW WONG (CFO)
- LOUIS TAYLOR (BOARD MEMBER)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Formed to create a new generation of critical thinkers to lead the future of business and education.
What it reported doing in 2021
Donations to help individuals
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 82
- Sustainability: 17
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.7%; rating input score 66
- Program expense ratio: 2.1%; rating input score 2
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3,025.2%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -159.8% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -198% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -186.1% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 65.7% of revenue deployed · 2.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $333 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2020 to 2021
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Program expense ratio scored 2/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.