Detroit Area Agency on Aging
Detroit, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 139 peers in Human Services with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $85,384,667↑13% | $85,784,146↑19% | $41,055,249↑27% | |
| 2022 | $75,347,637↑4% | $71,930,787↑7% | $32,235,181↑11% | — |
| 2021 | $72,245,269↑7% | $67,386,493↑3% | $28,979,415↑11% | — |
| 2020 | $67,833,215↓13% | $65,695,788↓11% | $26,051,438↑8% | — |
| 2019 | $78,041,784↑2% | $73,990,707 | $24,036,781↑5% | — |
| 2018 | $76,259,034↑9% | $74,014,155↑11% | $22,938,742↑16% | — |
| 2017 | $69,768,954↑24% | $66,760,930↑19% | $19,776,966↑18% | — |
| 2016 | $56,405,058↑39% | $55,946,460↑40% | $16,767,009↑21% | — |
| 2015 | $40,472,573↑21% | $39,851,530↑19% | $13,837,536↓7% | — |
| 2014 | $33,476,039↑15% | $33,361,674↑16% | $14,844,359 | — |
| 2013 | $29,107,142↑3% | $28,727,419↑2% | $14,807,789↑35% | — |
| 2012 | $28,176,369↓8% | $28,065,929↓8% | $10,940,042↓4% | — |
| 2011 | $30,570,345 | $30,464,083 | $11,422,679 | — |
Frequently Asked Questions
What does Detroit Area Agency on Aging do?▼
Detroit Area Agency on Aging is a human services nonprofit organization based in Michigan. It is classified under NTEE code P81Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Detroit Area Agency on Aging financially healthy?▼
Based on our 9-metric Financial Health Score model, Detroit Area Agency on Aging has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Detroit Area Agency on Aging generate?▼
Detroit Area Agency on Aging reports $105.0M in annual revenue and holds $45.5M in total assets, based on IRS filings.
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