Human Services
(P810)
IRS Verified
DX Registered
990 on File
AREAWIDE COUNCIL ON AGING OF BROWARD COUNTY INC
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Areawide Council on Aging is the prime focal point responsible for planning, coordinating, and funding services benefitting the multiple needs of over 470,000 year-round senior residents of Broward County, Florida.
Financial Overview — FY 2024
$38.6M
Total Revenue
$37.0M
Total Expenses
$24.4M
Net Assets
80
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
98.7%
Fundraising Efficiency
0.0%
Operating Reserve
7.91x
Liability-to-Asset
13.7%
Revenue Diversification
97.3%
Executive Compensation
$203K
Compared with Peers
FY 2024
Compared with 2,032 similar organizations
(United States, Human Services, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
98.7% | 87.5% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.3% | 11.1% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.2% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 423.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.9 mo | 6.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
13.7% | 32.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.3% | 92.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
7.6% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.4% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.2% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $38.6M | $37.0M | $24.4M | 98.7% | 80 |
| 2023 | $35.9M | $33.8M | $22.5M | 99.3% | 96 |
| 2022 | $30.3M | $29.1M | $20.1M | 97.9% | 86 |
| 2021 | $35.6M | $33.4M | N/A | — | 75 |
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