AMERICAN FEDERATION FOR AGING RESEARCH INC Charity Report

Public IRS 990 nonprofit record

AMERICAN FEDERATION FOR AGING RESEARCH INC

EIN 13-3045282 · Science & Technology Research Institutes & Services (V360)

What they do

THE AMERICAN FEDERATION for AGING RESEARCH (AFAR) is A NATIONAL ORGANIZATION WHOSE MISSION is to SUPPORT and ADVANCE HEALTHY AGING THROUGH BIOMEDICAL RESEARCH. IT FULFILLS THIS MISSION BY: SUPPORTING RESEARCH THROUGH GRANT PROGRAMS THAT FURTHER OUR UNDERSTANDING of THE AGING PROCESS and ITS ASSOCIATED DISEASES and DISORDERS; HELPING ESTABLISH A PIPELINE of EARLY CAREER SCIENTISTS IN AGING RESEARCH and GEROSCIENCE; OFFERING OPPORTUNITIES for SCIENTISTS and PHYSICIANS to EXCHANGE NEW IDEAS and KNOWLEDGE ABOUT AGING; and PROMOTING AWARENESS ABOUT THE IMPORTANCE of RESEARCH IN THE AGING FIELD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders42 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

103.41%of revenue went to mission work92.7% of expenses · Program services

3.62%of revenue went to fundraising3.2% of expenses

$111.58spent for every $100 of revenueSpending was higher than revenue this year.

4.55%of revenue went to management and office costs4.1% of expenses

$2.74in assets for every $1 spent this yearSome assets cannot be spent right away.

90.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,835,349 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $524,446 for STEPHANIE LEDERMAN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$15,855,058

Mission workProgram services$16,395,731103.41% of revenue92.7% of expenses

ManagementOffice and general costs$721,2894.55% of revenue4.1% of expenses

FundraisingAsking for donations$573,3873.62% of revenue3.2% of expenses

Total expenses$17,690,407111.58% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.7% mission · 4.1% management · 3.2% fundraisingTotal expenses: 111.58% of revenue

2023Expense mix: 94.5% mission · 4.3% management · 1.1% fundraisingTotal expenses: 76.69% of revenue

2022Expense mix: 93.6% mission · 4.2% management · 2.2% fundraisingTotal expenses: 107.49% of revenue

2021Expense mix: 87.2% mission · 8.6% management · 4.2% fundraisingTotal expenses: 55.70% of revenue

2020Expense mix: 83.3% mission · 10.5% management · 6.2% fundraisingTotal expenses: 85.71% of revenue

2019Expense mix: 83.9% mission · 9.1% management · 7.0% fundraisingTotal expenses: 233.13% of revenue

2018Expense mix: 81.6% mission · 10.0% management · 8.4% fundraisingTotal expenses: 149.90% of revenue

2017Expense mix: 81.7% mission · 9.7% management · 8.6% fundraisingTotal expenses: 80.72% of revenue

Money in and money out

Revenue$15,855,058

Expenses$17,690,407

Annual shortfall $1,835,349 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$16,395,731 · 92.7% of expenses

Management and office costs$721,289 · 4.1% of expenses

Fundraising$573,387 · 3.2% of expenses

See all reported dollar amounts

Revenue$15,855,058

Expenses$17,690,407

Assets$48,385,387

Income$18,816,557

Contributions$14,400,739

Mission work (program services)$16,395,731

Fundraising$573,387

Grants given$58,389,869

Average grant$163,557

Management and general$721,289

Stocks and bonds$16,756,301

Accounting fees$46,000

Investing fees$69,415

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

STEPHANIE LEDERMANEXECUTIVE DIRECTOR · 40 hrs/week $524,446Base $442,719 · Other $81,727

ODETTE VAN DER WILLIKPROGRAM DIRECTOR · 40 hrs/week $313,636Base $250,194 · Other $63,442

FREDERICA BLUMFINANCE DIRECTOR · 40 hrs/week $226,921Base $188,553 · Other $38,368

JOHN CHAICHCOMMUNICATIONS DIRECTOR · 40 hrs/week $198,383Base $162,879 · Other $35,504

HATTIE HERMANSR PROGRAM OFFICER I · 40 hrs/week $176,665Base $142,032 · Other $34,633

KELLY WHALENDEVELOPMENT DIRECTOR · 40 hrs/week $160,286Base $143,783 · Other $16,503

LEE NUNLEYSTRAT PROG MGR/DEV OFF · 40 hrs/week $156,142Base $136,339 · Other $19,803

CATHERINE CULLARADMINISTRATIVE MANAGER · 40 hrs/week $153,846Base $122,169 · Other $31,677

STEVEN N AUSTAD PHDSCIENTIFIC DIRECTOR · 2 hrs/week $41,500

SARA E ESPINOZA MD MSCDIRECTOR · 2 hrs/week $3,500

HARVEY J COHEN MDDIRECTOR · 2 hrs/week $1,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (42)

STEPHANIE LEDERMANEXECUTIVE DIRECTOR

ODETTE VAN DER WILLIKPROGRAM DIRECTOR

FREDERICA BLUMFINANCE DIRECTOR

JOHN CHAICHCOMMUNICATIONS DIRECTOR

HATTIE HERMANSR PROGRAM OFFICER I

KELLY WHALENDEVELOPMENT DIRECTOR

LEE NUNLEYSTRAT PROG MGR/DEV OFF

CATHERINE CULLARADMINISTRATIVE MANAGER

STEVEN N AUSTAD PHDSCIENTIFIC DIRECTOR

SARA E ESPINOZA MD MSCDIRECTOR

HARVEY J COHEN MDDIRECTOR

MICHAEL HODIN PHDDIRECTOR

LAURA NIEDERNHOFFERDIRECTOR

MICHAEL RINGEL PHDDIRECTOR

NIGEL EMMETTDIRECTOR

NIR BARZILAI MDDIRECTOR

PETER KIMMELMANDIRECTOR

RICHARD BESDINE MDDIRECTOR

RICHARD G A FARAGHER PHDDIRECTOR

ROBERT W STEARNSDIRECTOR

SAMI SAGOLDIRECTOR

SERGEY YOUNGDIRECTOR

TERRIE FOX WETLE PHDDIRECTOR

THOMAS A RANDO MD PHDPRESIDENT

THOMAS G KAHN CFADIRECTOR

GARETH W SHEPHERD PHDDIRECTOR

ALEXANDRA L GATJEDIRECTOR

ANA MARIA CUERVO MD PHDDIRECTOR

ANDRE BERTRAMDIRECTOR

CATHERINE KACZOROWSKI PHDDIRECTOR

CHARLES BEEVER MBASECRETARY & TREASURER

DAVID SNCLAIRDIRECTOR

DAVID L EIGENDIRECTOR

DENISE LEFEBVREDIRECTOR

MARK S LACHS MD PHDDIRECTOR

JAMES FICKELDIRECTOR

JAMES MELLONDIRECTOR

JAMES L KIRKLAND MD PHDDIRECTOR

KEITH E WHITFIELD PHDDIRECTOR

KEVIN J LEE PHDDIRECTOR

ALEX COLVILLEDIRECTOR

LAURA M BARZILAI JD LLMBOARD CHAIR

About this charity

Recognized since: January 1986
Location: 55 W 39TH ST FL 16, NEW YORK, NY 10018-0541
County: New York
In care of: % RIKIBLUM
Primary officer: STEPHANIE LEDERMAN, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@afar.org Phone(212) 703-9977

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: SAX LLP
NTEE classification: Science & Technology Research Institutes & Services (V360)
Grant-giving organization: Yes