Civic Intelligence

Aarons Presents Inc.

990 • Fiscal year 2023 • EIN 46-4010444

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 15, 2023

180 Main StreetAndover, MA 01810

(978) 809-5487

Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$15,577

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

74th percentile

21%

Faster asset growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

61%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$373,893

Up $65,370 (+21%) from 2022

Net Assets

Up

$356,890

Up $63,954 (+22%) from 2022

Liabilities

Up

$17,003

Up $1,416 (+9.1%) from 2022

Revenue

Up

$451,855

Up $170,698 (+61%) from 2022

Expenses

Up

$387,901

Up $105,073 (+37%) from 2022

Net Income

Up

$63,954

Up $65,625 (+3927%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $20,193Liabilities 2015: $02015Assets 2016: $37,827Liabilities 2016: $02016Assets 2017: $170,169Liabilities 2017: $11,515Net Assets 2017: $158,6542017Assets 2018: $173,390Liabilities 2018: $8,6002018Assets 2019: $162,733Liabilities 2019: $5,287Net Assets 2019: $157,4462019Assets 2020: $216,648Liabilities 2020: $23,515Net Assets 2020: $193,1332020Assets 2021: $367,378Liabilities 2021: $72,771Net Assets 2021: $294,6072021Assets 2022: $308,523Liabilities 2022: $15,587Net Assets 2022: $292,9362022Assets 2023: $373,893Liabilities 2023: $17,003Net Assets 2023: $356,8902023Assets 2024: $369,347Liabilities 2024: $32,925Net Assets 2024: $336,4222024Assets 2025: $390,148Liabilities 2025: $22,995Net Assets 2025: $367,1532025

Highlighted filing

2023

Assets$373,893
Liabilities$17,003
Net Assets$356,890

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $16,574Expenses 2015: $18,404Net Income 2015: -$1,8302015Revenue 2016: $76,705Expenses 2016: $59,071Net Income 2016: $17,6342016Revenue 2017: $212,086Expenses 2017: $94,579Net Income 2017: $117,5072017Revenue 2018: $154,312Expenses 2018: $148,177Net Income 2018: $6,1352018Revenue 2019: $242,710Expenses 2019: $250,054Net Income 2019: -$7,3442019Revenue 2020: $266,951Expenses 2020: $231,264Net Income 2020: $35,6872020Revenue 2021: $379,674Expenses 2021: $278,200Net Income 2021: $101,4742021Revenue 2022: $281,157Expenses 2022: $282,828Net Income 2022: -$1,6712022Revenue 2023: $451,855Expenses 2023: $387,901Net Income 2023: $63,9542023Revenue 2024: $473,421Expenses 2024: $493,593Net Income 2024: -$20,1722024Revenue 2025: $623,092Expenses 2025: $591,663Net Income 2025: $31,4292025

Highlighted filing

2023

Revenue$451,855
Expenses$387,901
Net Income$63,954
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$463,495
Mission and Program Overview

Mission

To empower youth to think outside of themselves, and recognize the positive impact they can have on others. To support youth as they discover, embrace, develop, and use their talents and unique qualities, and develop social awareness, leadership and life skills.

Aaron's Presents Givers and Visionaries program empowers young children to plan and carry out projects that benefit others by providing materials, mentoring and logistical support. Our Agents of Change Program broadens their experience and .helps them prepare for college

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$228,134$294,627▲ $66,493
Pledges and Grants Receivable$66,667$41,312▼ $25,355
Investments in Publicly Traded Securities-$28,230-
Prepaid Expenses and Deferred Charges$3,252$5,324▲ $2,072
Land, Buildings, and Equipment, Net$6,355$4,400▼ $1,955
Savings and Temporary Cash Investments$0--
Accounts Receivable$0--
Other Notes and Loans Receivable, Net$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities-$0-
Inventories for Sale or Use$0--
Total Assets$308,523$373,893▲ $65,370
Other Assets Total$4,115--
Liabilities
Accounts Payable and Accrued Expenses$15,587$17,003▲ $1,416
Other Liabilities-$0-
Total Liabilities$15,587$17,003▲ $1,416
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$142,984$322,322▲ $179,338
Net Assets With Donor Restrictions$149,952$34,568▼ $115,384
Total Net Assets Fund Balance$292,936$356,890▲ $63,954
Total Liabilities and Net Assets / Fund Balance$308,523$373,893▲ $65,370

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,400$10,600$15,000
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leah OkimotoExecutive DirerctorFT$15,577$15,577
C Tegner RoodTreasurer and DirectorPT$13,305$13,305

Board Members and Trustees

NameTitle
Anny VargasChair and Director (through April)
Maria BlewittDirector and Chair
Connor ClancyDirector
Dinesh MakhijaDirector
Jegan CandassamyDirector
Jessica O'NeilDirector
Kristin NaylorDirector
Lenworth WilliamsonDirector
Randi SterrnDirector
Timothy J KeoughDirector
Zach O'NeilDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$447,400
Program Service Revenue
$0
Investment Income
$948
Other Revenue
$3,507
All Other Contributions
$319,898
Change in Net Assets
$63,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$218,708
Salaries, Compensation, and Employee Benefits$154,557
Grants and Similar Amounts Paid$14,636
Total Fundraising Expense$9,053
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$87,173$20,025$127$107,325
Other Expenses$36,753$0$0$36,753
Information Technology$32,424$2,439$1,655$36,518
Current Officers, Directors, Trustees, and Key Employees$25,045$1,715$4,053$30,813
Conferences and Meetings$18,064-$1,170$19,234
Grants to Domestic Individuals$14,636--$14,636
Payroll Taxes$11,144$2,454$464$14,062
Travel$13,443$0-$13,443
Insurance$7,842$1,633-$9,475
Fees for Services Other$8,119$390-$8,509
Fees for Services Accounting$1,000$6,846-$7,846
Advertising$5,625$300$214$6,139
Occupancy$4,845--$4,845
Office Expenses$3,056$203$1,225$4,484
Other Employee Benefits$2,167$45$145$2,357
Depreciation Depletion$1,956--$1,956
All Other Expenses$29$1,665-$1,694
Fees for Services Legal$194--$194
Total Functional Expenses$340,914$37,934$9,053$387,901
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The organization provides a full copy of the Form 990 to the entire board prior to filing with the Internal Revenue Service.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Aarons Presents Inc
EIN
46-4010444
Phone
9788095487
Address
180 Main Street, Andover, MA 01810

Signing Officer

Name
C Tegner Rood
Title
Treasurer
Phone
9788095487
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
C Tegner Rood
Formed
2014
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
10
Employees
17
Volunteers
100

Preparer

Firm
100 Degrees Consulting
Address
PO Box 222, Clarence Center, NY 14032
Preparer
Stephanie Skryzowski
Phone
2034999774
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IRS990/ActivityOrMissionDesc0Aaron's Presents Givers and Visionaries program empowers young children to plan and carry out projects that benefit others by providing materials, mentoring and logistical support. Our Agents of Change Program broadens their experience and .helps them prepare for college
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IRS990/Desc0Givers and Visionaries Program in FY2023 Aaron's Presents served 510 children primarily from 4th-8th grade (as well as existing participants in 9th-12th grade) who completed 388 projects, benefitting over 5,000 people and animals in the larger community and beyond. Our objective in supporting and mentoring the kids' projects is for them to: Learn that they have the power to make a positive difference in the world, experience the power that actively contributing to others' lives has to enrich their own lives, experience the value of the 6C's of positive youth development - competence, confidence, character, connection, caring, and contribution - starting with the last. We believe these experiences with noticing needs and taking positive action at an early age help broaden the scope of what they believe they can reach for and want to accomplish as they grow into adults. Over 80% of our youth come from Lawrence and Lowell, two cities with large low-income populations.
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IRS990/InvestmentIncomeGrp/ExclusionAmt0841
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0841
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt028230
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010600
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06355
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04400
IRS990/LandBldgEquipCostOrOtherBssAmt015000
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011640
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt01157
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01157
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To empower youth to think outside of themselves, and recognize the positive impact they can have on others. To support youth as they discover, embrace, develop, and use their talents and unique qualities, and develop social awareness, leadership and life skills.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0292936
IRS990/NetAssetsOrFundBalancesEOYAmt0356890
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0107
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0107
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0142984
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0322322
IRS990/NoncashContributionsAmt011640
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt04845
IRS990/OccupancyGrp/TotalAmt04845
IRS990/OfficeExpensesGrp/FundraisingAmt01225
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0203
IRS990/OfficeExpensesGrp/ProgramServicesAmt03056
IRS990/OfficeExpensesGrp/TotalAmt04484
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04115
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0145
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt045
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02167
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02357
IRS990/OtherExpensesGrp/Desc0Program Supplies
IRS990/OtherExpensesGrp/Desc1Bank, State, and Procesing Fees
IRS990/OtherExpensesGrp/Desc2Activity Admission Fees
IRS990/OtherExpensesGrp/Desc3Food
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1219
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt057772
IRS990/OtherExpensesGrp/ProgramServicesAmt1430
IRS990/OtherExpensesGrp/ProgramServicesAmt29197
IRS990/OtherExpensesGrp/ProgramServicesAmt336753
IRS990/OtherExpensesGrp/TotalAmt057772
IRS990/OtherExpensesGrp/TotalAmt1649
IRS990/OtherExpensesGrp/TotalAmt29197
IRS990/OtherExpensesGrp/TotalAmt336753
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0522110
IRS990/OtherRevenueMiscGrp/Desc0Credit Card Rewards
IRS990/OtherRevenueMiscGrp/ExclusionAmt02350
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02350
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt03507
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0127
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020025
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt087173
IRS990/OtherSalariesAndWagesGrp/TotalAmt0107325
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0464
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02454
IRS990/PayrollTaxesGrp/ProgramServicesAmt011144
IRS990/PayrollTaxesGrp/TotalAmt014062
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt066667
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt041312
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03252
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05324
IRS990/PrincipalOfficerNm0C Tegner Rood
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Agents of Change Program: Our objective is to continue supporting former Givers & Visionaries participants, especially those who are economically challenged, to broaden their view of the opportunities ahead after high school, and to help them prepare for college. Opportunities offered fall into the categories of: Leadership Development, Educational & Creative Development, Contributing & Helping Others, and Continued Mentorship
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0158060
IRS990/ProgSrvcAccomActy2Grp/GrantAmt010981
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Many projects in our Givers and Visionaries program were postponed to protect our participants and our employees during Covid-19 pandemic. At the same time, we learned that many of our donors trusted Aaron's Presents to be a conduit for funds to help the hardest hit members of our community get through the pandemic. In 2021 we responded by creating a Community Relief Fund. The fund was depleted and closed in FY 2023.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05399
IRS990/ProgSrvcAccomActy3Grp/GrantAmt02213
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0277758
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt034474
IRS990/PYInvestmentIncomeAmt072
IRS990/PYOtherExpensesAmt0155158
IRS990/PYOtherRevenueAmt03327
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1671
IRS990/PYSalariesCompEmpBnftPaidAmt093196
IRS990/PYTotalExpensesAmt0282828
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0281157
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReconcilationRevenueExpnssAmt063954
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Credit card rewards and revenue from activities not regularly carried on.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0447400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0277758

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