Charity Search / AREA AGENCIES ON AGING ASSOCIATION OF MICHIGAN
Social Science (V36) 990 on File

AREA AGENCIES ON AGING ASSOCIATION OF MICHIGAN

EIN: 38-2662698 · LANSING, MI 48911-3800 · United States · FY 2025 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 74/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$1.8M
Total Revenue
$1.7M
Total Expenses
$234K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.2%
Fundraising Efficiency N/A
Operating Reserve 1.62x
Liability-to-Asset 82.1%
Revenue Diversification 80.8%
Executive Compensation $97K
Compared with Peers
FY 2025
Compared with 56 similar organizations (United States, Social Science, $1M–$10M in expenses), FY 2025.
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
82.2% 80.1%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
17.8% 13.1%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 3.2%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
1.6 mo 12.2 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
82.1% 16.4%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
80.8% 86.5%
P10P90
Above median
Revenue growth
Year over year revenue growth
116.4% 1.6%
P10P90
Expense growth
Year over year expense growth
106.8% 8.4%
P10P90
Surplus margin
Surplus as a share of revenue
4.5% 0.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $1.8M $1.7M $234K 82.2% 3
2024 $837K $837K $153K 71.4% 2
2023 $599K $603K $153K 72.5% 2
2022 $421K $413K $157K 61.8% 2
2021 $409K $349K N/A 3
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Organization Details
EIN
38-2662698
State
MI
City
LANSING
ZIP
48911-3800
Classification
V36
Category
Social Science
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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