Massachusetts · Nonprofit
AGESPAN INC
AGESPAN INC (Massachusetts) receives grants from 37 organizations whose IRS filings report $5,527,010 to it, the largest being POINT32HEALTH FOUNDATION INC ($1,488,773). 23 of them have funded it in more than one year.
- Revenue FY2025
- $143M
- Funders on record
- 37
- Grants received
- $5.5M
- Net assets
- $40M
What Agespan Inc does
Mission
To ensure everyone's choice to lead fulfilling lives as they age.
As stated on its FY2025 Form 990.
Programs
Senior care options (sco) is a voluntary medicare advantage health plan that combines medicare and masshealth benefits. Senior care options is a comprehensive health plan that covers all of the services normally paid for through medicare and masshealth. This plan provides services to low-income adults aged 65 and over through a senior care organization and its network of providers. It combines health services with social services by coordinating care and specialized geriatric support services, along with respite care for families and caregivers. Sco offers an important advantage for eligible members over traditional fee-for-service care. There are no copays for enrolled members.
$19,664,021 spent$19,664,021 earned by the program15% of program spendingChoices: the community choice program allows older adults who are on masshealth to receive expanded care at home, which can delay or prevent imminent placement in a long-term care facility. Eligibility for the community choice program is based on the following criteria - age 60 or older; approved for masshealth standard benefits; meet the clinical criteria for enrollment in the home and community based services (hcbs) waiver; be at imminent risk of nursing home placement because of serious health conditions and/or the inability to manage daily care. A care manager and nurse from agespan will conduct a needs assessment to determine eligibility. They will then work with the consumer and his/her family members to determine a plan of care, coordinate all services received by the consumer, conduct reassessment visits, and offer ongoing care management.
$18,281,884 spent$18,281,884 earned by the program14% of program spendingEcop: the enhanced community options program (ecop) is designed to serve frail elders living in the community who are at risk of nursing home placement due to functional or cognitive impairment. To qualify, the person must be 60 or older, and those under age 60 may be eligible with a documentation of alzheimer's disease or a related dementia; meet clinical eligibility requirements for nursing facility placement; and require home care services greater than two times those available through the general state home care program. A care manager and nurse from agespan will conduct a needs assessment to determine eligibility. They will then work with the elder and his/her family members to determine a plan of care, coordinate all services received by this individual, conduct reassessment visits and offer ongoing care management.
$12,203,953 spent$12,203,953 earned by the program9% of program spendingOther programs include providing case management, protective services, nutrition & meals services, caregiver support, information & referral, medicare resources, housing support, financial resources, community outreach and health equity access.
$80,015,074 spentof which $1,128,474 as grants$10,416,424 earned by the program61% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $130,164,932.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $65M to $81M (+24%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 4% · 2023 58% · 2024 57% · 2025 55%. Grants only. Government contracts and fees sit inside program revenue.
57% of AGESPAN INC’s revenue is contributions — more donation-reliant than the typical peer (17% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Joan F Hatem-Roy
Chief executive officer
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 14 funders, grant income fell $663k → $470k.
5 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of AGESPAN INC’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
AGESPAN INC has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AGESPAN INC.
Largest funder’s share by year: 2017 56% · 2018 36% · 2019 43% · 2020 23% · 2021 33% · 2022 42% · 2023 47% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
37% of AGESPAN INC's funders are still giving 3 years after their first grant; 62% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
62% of AGESPAN INC's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $754k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
AGESPAN INC holds deeper cash reserves than three-quarters of the 180 human services nonprofits its size.
this organization peer median middle 50% of peers· 180 human services nonprofits over $100M, FY2025
Government funding AGESPAN INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $252.1M on record — $10.2M federal, $241.9M state.
- Department of Health and Human Services$10.2M
- (MM) PURCHASED CLIENT/PROGRAM SVCS$234.9M
- (RR) BENEFIT PROGRAMS$5.3M
- (PP) STATE AID/POL SUB$1.7M
- (EE) ADMINISTRATIVE EXPENSES$45k
- (HH) CONSULTANT SVCS (TO DEPTS)$2k
- (JJ) OPERATIONAL SERVICES$20
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like AGESPAN INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Villa at Meadow View Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for AGESPAN INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AGESPAN INC?
- AGESPAN INC (Massachusetts) receives grants from 37 organizations whose IRS filings report $5,527,010 to it, the largest being POINT32HEALTH FOUNDATION INC ($1,488,773). 23 of them have funded it in more than one year.
- How many funders does AGESPAN INC have?
- IRS filings report 37 organizations giving $5,527,010 in grants to AGESPAN INC, 23 of which have funded it in more than one year.
- Who is the largest funder of AGESPAN INC?
- POINT32HEALTH FOUNDATION INC is the largest funder on record, with $1,488,773 in grants. The full list of funders is on this page.
- How can an organization like AGESPAN INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing