Civic Intelligence

Acimco

990 • Fiscal year 2025 • EIN 26-3598377

Jun 01, 2024 to May 31, 2025 • Filed on Feb 06, 2026

224 Hunter Welcome CT Acu Box 29139Abilene, TX 79699

(325) 674-2013

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

36th percentile

-0.0%

Higher net margin than 36% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

99th percentile

$695,192

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 31.9% of source-year revenue.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

36th percentile

-0.2%

Faster asset growth than 36% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

43rd percentile

3.1%

Faster revenue growth than 43% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$600,294

Down $371 (-0.1%) from 2021

Net Assets

Down

$600,294

Down $371 (-0.1%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$2,180,596

Up $491,768 (+29%) from 2021

Expenses

Up

$2,181,528

Up $493,645 (+29%) from 2021

Net Income

Down

-$932

Down $1,877 (-199%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $222,960Liabilities 2010: $0Net Assets 2010: $222,9602010Assets 2011: $331,480Liabilities 2011: $0Net Assets 2011: $331,4802011Assets 2012: $491,552Liabilities 2012: $0Net Assets 2012: $491,5522012Assets 2013: $636,448Liabilities 2013: $0Net Assets 2013: $636,4482013Assets 2015: $740,305Liabilities 2015: $0Net Assets 2015: $740,3052015Assets 2016: $706,396Liabilities 2016: $1,763Net Assets 2016: $704,6332016Assets 2017: $608,491Liabilities 2017: $0Net Assets 2017: $608,4912017Assets 2018: $600,240Liabilities 2018: $4,160Net Assets 2018: $596,0802018Assets 2020: $599,720Liabilities 2020: $0Net Assets 2020: $599,7202020Assets 2021: $600,665Liabilities 2021: $0Net Assets 2021: $600,6652021Assets 2025: $600,294Liabilities 2025: $0Net Assets 2025: $600,2942025

Highlighted filing

2025

Assets$600,294
Liabilities$0
Net Assets$600,294

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,018,2842010Expenses 2011: $1,052,9132011Expenses 2012: $1,109,2302012Expenses 2013: $1,126,4322013Revenue 2015: $1,486,394Expenses 2015: $1,374,849Net Income 2015: $111,5452015Revenue 2016: $1,437,950Expenses 2016: $1,473,622Net Income 2016: -$35,6722016Revenue 2017: $1,439,357Expenses 2017: $1,535,499Net Income 2017: -$96,1422017Revenue 2018: $1,581,680Expenses 2018: $1,594,091Net Income 2018: -$12,4112018Revenue 2020: $1,657,292Expenses 2020: $1,655,823Net Income 2020: $1,4692020Revenue 2021: $1,688,828Expenses 2021: $1,687,883Net Income 2021: $9452021Revenue 2025: $2,180,596Expenses 2025: $2,181,528Net Income 2025: -$9322025

Highlighted filing

2025

Revenue$2,180,596
Expenses$2,181,528
Net Income-$932
Jump To
Filing Snapshot
Filing Period
Jun 1, 2024 to May 31, 2025
Signed
Feb 6, 2026
Return Version
2024v5.5
Gross Receipts
$2,180,596
Mission and Program Overview

Mission

Acimco supports abilene christian university (acu) by providing investment management services for the endowment funds and other fiduciary assets held by acu.

Acimco supports acu by providing investment management services for some of the assets held by acu.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$601,226$600,294▼ $932
Total Assets$601,226$600,294▼ $932
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$601,226$600,294▼ $932
Total Net Assets Fund Balance$601,226$600,294▼ $932
Total Liabilities and Net Assets / Fund Balance$601,226$600,294▼ $932
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe LeePresident/CIOFT$405,623$170,883$576,506
Kelly YoungVP for Real Estate DevelopFT$138,566$107,102$245,668
Yancey HouseVP & SecretaryFT$159,912$55,976$215,888
Amy JusticeVP/COOFT$144,963$52,994$197,957

Board Members and Trustees

NameTitle
Cole OliverTrustee
Jim PorterTrustee
Kelly ShewmakerTrustee
Kyle HammondTrustee
Luke JamesTrustee
Mark AnthonyTrustee
Mark RichTrustee
Phil SchubertTrustee
Rick WesselTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,180,596
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,849,175
Other Expenses$332,353
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$808,270$88,056-$896,326
Current Officers, Directors, Trustees, and Key Employees$575,274$63,919-$639,193
Other Employee Benefits$138,834$15,426-$154,260
Payroll Taxes$97,868$10,874-$108,742
Fees for Services Legal$101,153--$101,153
Information Technology$60,492$25,925-$86,417
Fees for Services Management$64,664--$64,664
Pension Plan Contributions$45,589$5,065-$50,654
Travel$50,341--$50,341
Office Expenses$4,246$4,246-$8,492
Conferences and Meetings$5,393--$5,393
Fees for Services Other$1,461--$1,461
Other Expenses$579--$579
All Other Expenses$235--$235
Total Functional Expenses$1,968,017$213,511$0$2,181,528
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Abilene christian university acts as fiscal agent for acimco.

Form 990, Part VI, Section B, Line 11B

Acimco's 990 is reviewed by the acimco board and the audit committee of the board of trustees of abilene christian university. The 990 is posted to the board website for review by the trustees and is presented at a scheduled board meeting.

Form 990, Part VI, Section B, Line 12C

All trustees and officers complete a conflict of interest questionnaire annually. The results of these questionnaires are reviewed by abilene christian university's legal counsel and are reported to abilene christian university's audit committee. All other employees are given a conflict of interest questionnaire to complete annually and these are reviewed by the responsible dean or vice president of abilene christian university to determine if a conflict exists. Depending on the potential conflict, conditions or restrictions are enforced to reduce or eliminate the conflict of interest.

Form 990, Part VI, Section B, Line 15A

Compensation for acimco cio is set by the acimco board and is compared to the compensation survey of investment groups within university endowments and foundations prepared by mercer compensation consulting group. A contract with the cio is in effect that allows for base salary to be adjusted annually based on the average salary increase for all abilene christian university employees. Top management's salary is set by the cio of acimco and compared to the mercer compensation study for others in similar positions.

Form 990, Part VI, Section C, Line 19

Will provide upon request.

Filing and Contact Details

Filer

Filer Name
Acimco
EIN
26-3598377
Phone
3256742013
Address
224 HUNTER WELCOME CT ACU BOX 29139, ABILENE, TX 79699

Signing Officer

Name
Amy Justice
Title
Vice President
Phone
3256742013
Signed
2026-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Justice
Formed
2008
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
8
Employees
8
Volunteers
0

Preparer

Firm
Eide Bailly Llp
Address
400 PINE ST STE 600, ABILENE, TX 79601-5190
Preparer
Michelle Beaty CPA
Phone
3256724000
Supplemental Narrative

Additional Explanations

Part V, 2B

Abilene christian university serves as the fiscal agent for acimco. All w-2's are filed under abilene christian university's ein 75-0851900.

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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION OF HOW SUPPORTED ORGANIZATIONS ARE DESIGNATED - ACIMCO'S CERTIFICATE OF FORMATION STATES THAT ACIMCO CAN BENEFIT "CONGREGATIONS OF THE CHURCH OF CHRIST AND OTHER ORGANIZATIONS THAT ARE "SPONSORED, OPERATED OR OTHERWISE ASSOCIATED WITH OR ENDORSED BY ONE OR MORE CONGREGATIONS OF THE CHURCH OF CHRIST."
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1PROVIDING BENEFIT CARRIED OUT THE PURPOSES OF SUPPORTED ORGS - ABILENE CHRISTIAN UNIVERSITY IS AN EDUCATIONAL INSTITUTION ESTABLISHED BY THE CHURCH OF CHRIST AND MAINTAINS STRONG RELATIONSHIPS WITH THE OTHER SUPPORTED CHURCH OF CHRIST ORGANIZATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION B, LINE 2
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ABILENE CHRISTIAN UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1ABILENE CHRISTIAN SCHOOLS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2BELTON CHURCH OF CHRIST
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3LAKEVIEW CHRISTIAN HOME OF THE SO
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4MISSIONS RESOURCE NETWORK
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt412173
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10

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