Civic Intelligence

Aarons Presents Inc.

990 • Fiscal year 2024 • EIN 46-4010444

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 01, 2024

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

78th percentile

0.09x

Higher debt load relative to assets than 78% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

34th percentile

-4.3%

Higher net margin than 34% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

86th percentile

$22,593

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-1.2%

Faster asset growth than 45% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

4.8%

Faster revenue growth than 53% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$369,347

Down $4,546 (-1.2%) from 2023

Net Assets

Down

$336,422

Down $20,468 (-5.7%) from 2023

Liabilities

Up

$32,925

Up $15,922 (+94%) from 2023

Revenue

Up

$473,421

Up $21,566 (+4.8%) from 2023

Expenses

Up

$493,593

Up $105,692 (+27%) from 2023

Net Income

Down

-$20,172

Down $84,126 (-132%) from 2023

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

2024

Assets$369,347
Liabilities$32,925
Net Assets$336,422

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

2024

Revenue$473,421
Expenses$493,593
Net Income-$20,172
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 1, 2024
Return Version
2023v5.1
Gross Receipts
$484,535
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.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$294,627$321,949▲ $27,322
Pledges and Grants Receivable$41,312--
Investments in Publicly Traded Securities$28,230$41,130▲ $12,900
Prepaid Expenses and Deferred Charges$5,324$3,824▼ $1,500
Land, Buildings, and Equipment, Net$4,400$2,444▼ $1,956
Total Assets$373,893$369,347▼ $4,546
Liabilities
Accounts Payable and Accrued Expenses$17,003$32,925▲ $15,922
Total Liabilities$17,003$32,925▲ $15,922
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$236,188$301,854▲ $65,666
Net Assets With Donor Restrictions$120,702$34,568▼ $86,134
Total Net Assets Fund Balance$356,890$336,422▼ $20,468
Total Liabilities and Net Assets / Fund Balance$373,893$369,347▼ $4,546

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,444$12,556$15,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leah OkimotoExecutive DirectorFT$22,593$22,593
C Tegner RoodTreasurer and Director-$120$120

Board Members and Trustees

NameTitle
Maria BewittDirector and Chair
Aldonsa PereyraDirector
Bukky OlugbemiDirector
Chelsea NtoroDirector
Conner ClancyDirector
Dinesh MakhijaDirector
Jegan CandassamyDirector
Jessica OneilDirector
Kristin NaylorDirector
Randi SternDirector
Timothy KeoghDirector
Toyin OloyedeDirector
Zachary OneilDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$466,784
Program Service Revenue
$0
Investment Income
$1,787
Other Revenue
$4,850
All Other Contributions
$460,784
Change in Net Assets
$-20,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$287,112
Salaries, Compensation, and Employee Benefits$206,481
Total Fundraising Expense$59,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$129,847$8,329$26,376$164,552
Fees for Services Other$21,875-$18,000$39,875
Information Technology$14,030$5,788$3,521$23,339
Current Officers, Directors, Trustees, and Key Employees$5,678$11,357$5,678$22,713
Payroll Taxes$13,386$1,944$3,166$18,496
Fees for Services Accounting-$18,475-$18,475
Other Expenses$18,451$1,828$707$18,451
Conferences and Meetings$11,165-$210$11,375
Insurance$3,512$7,205-$10,717
Occupancy$5,400$1,800-$7,200
Office Expenses$5,154$276$43$5,473
Travel$5,149$66-$5,215
Advertising$2,710$600$1,534$4,844
Depreciation Depletion$1,956--$1,956
All Other Expenses$1,261$29$260$1,550
Other Employee Benefits$521$76$123$720
Total Functional Expenses$376,202$57,773$59,618$493,593
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
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 governing body review Part VI line 11

The organization provides a full copy of the form 990 to the entire board prior to filing with the internal revenue service.

Governing documents etc available to public Part VI 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
Address
180 MAIN STREET, ANDOVER, MA 01810

Signing Officer

Name
Leah Okimoto
Title
Executive Direc
Phone
9788095487
Signed
2024-11-01
Discuss with paid preparer
No

Organization Details

Principal Officer
Leah Okimoto
Formed
2014
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
26
Volunteers
100

Preparer

Firm
Gbl Services Corp
Address
454 NOAH AVENUE, Myrtle Beach, SC 29579
Preparer
Glenn B Levine
Phone
8432360870
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01766
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt028230
IRS990/InvestmentsPubTradedSecGrp/EOYAmt041130
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012556
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04400
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02444
IRS990/LandBldgEquipCostOrOtherBssAmt015000
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011114
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt0480
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0480
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/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0356890
IRS990/NetAssetsOrFundBalancesEOYAmt0336422
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt021
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt021
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0236188
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0301854
IRS990/NoncashContributionsAmt011135
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01800
IRS990/OccupancyGrp/ProgramServicesAmt05400
IRS990/OccupancyGrp/TotalAmt07200
IRS990/OfficeExpensesGrp/FundraisingAmt043
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0276
IRS990/OfficeExpensesGrp/ProgramServicesAmt05154
IRS990/OfficeExpensesGrp/TotalAmt05473
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0123
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt076
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0521
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0720
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1MEALS AND CATERING
IRS990/OtherExpensesGrp/Desc2BANKSTATE & PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3FUNDAISING EVENTS FEES
IRS990/OtherExpensesGrp/FundraisingAmt0707
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01828
IRS990/OtherExpensesGrp/ProgramServicesAmt0100537
IRS990/OtherExpensesGrp/ProgramServicesAmt135534
IRS990/OtherExpensesGrp/ProgramServicesAmt236
IRS990/OtherExpensesGrp/ProgramServicesAmt318451
IRS990/OtherExpensesGrp/TotalAmt0100537
IRS990/OtherExpensesGrp/TotalAmt135534
IRS990/OtherExpensesGrp/TotalAmt22571
IRS990/OtherExpensesGrp/TotalAmt318451
IRS990/OtherRevenueMiscGrp/BusinessCd0522210
IRS990/OtherRevenueMiscGrp/Desc0CREDIT CARD REWARDS
IRS990/OtherRevenueMiscGrp/ExclusionAmt04370
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04370
IRS990/OtherRevenueTotalAmt04850
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt026376
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08329
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0129847
IRS990/OtherSalariesAndWagesGrp/TotalAmt0164552
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03166
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01944
IRS990/PayrollTaxesGrp/ProgramServicesAmt013386
IRS990/PayrollTaxesGrp/TotalAmt018496
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt041312
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05324
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03824
IRS990/PrincipalOfficerNm0LEAH OKIMOTO
IRS990/PriorPeriodAdjustmentsAmt0-296
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0GIVERS AND VISIONARIES PROGRAM (PRIMARILY UPPER ELEMENTARY AND MIDDLE SCHOOL) OFFERS A PLATFORM FOR YOUTH TO EXECUTE THEIR OWN IDEAS BENEFITTING PEOPLE, ANIMALS AND THE ENVIRONMENT, IT IS UP TO THEM TO JOIN, AS NOTHING IN AARONS PRESENTS IS EVER REQUIRED OR FORCED. AFTER COMPLETEING AN APPLICATION, YOUTH PLAN THEIR PROJECTS WITH A MENTOR, TYPICAALY AT WEEKLY SCHOOL MEETINGS DURING RECESS, LUNCH OR AFTER SCHOOL HOURS BY TELEPHONE. MENTORS COMMUNICATE WITH PARENTS TO GET PERMISSION AND HELP COORDINATE ANY LOGISTICS NEEDED. THE YOUTH ARE THE LEADERS AND DECISION MAKERS EVERY STEP OF THE PROCESS, AND THEY EXECUTE THEIR PROJECTS IN THE LARGER COMMUNITY, WHETHER PLAYING WITH AFGHAN REFUGEE CHILDREN, VISITING THE ELDERLY, CLEANING UP PARKS, HELPING ANIMALS, DELIVERING GROCERIES TO PEOPLE IN NEED, PLANNING ACTIVITIES FOR FOSTER CHILDREN, ETC YOUTH AND MENTORS OFTEN SHARE A MEAL AFTERWARDS TO FURTHER CEMENT THEIR BOND WITH EACH OTHER AND PHOTOS ARE SHARED WITH PARENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0185219
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0925
IRS990/ProgSrvcAccomActy3Grp/Desc0OUR NASCANT AP ALUMNI ENGAGEMENT PROGRAM SHOWS THAT BECOMING AN ADULT CONTINUES A REMARKABLE JOURNEY WITHIN OUR COMMUNITY. ONCE YOUTH HAVE WORKED WITH US, THEY FOREVER BELONG TO THE AARONS PRESENTS FAMILY. IF THEY CHOOSE TO STAY CONNECTED, WE CONTINUE TO PROVIDE A GATEWAY TO A NETWORK OF OTHE ALUMNI AND COMMUNITY MEMBERS, AS WELL AS GUIDANCE AND REFERRALS TO OTHER RESOURCES, AVENUES FOR SELF DISCOVERY, AND PATHWAYS TO BOTH PERSONAL ACHIEVEMENT AND MENINGFUL CONTRIBUTION, THE HEART OF OUR MISSION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03248
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0182
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0447400
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt014636
IRS990/PYInvestmentIncomeAmt0948
IRS990/PYOtherExpensesAmt0218708
IRS990/PYOtherRevenueAmt03507
IRS990/PYRevenuesLessExpensesAmt063954
IRS990/PYSalariesCompEmpBnftPaidAmt0154557
IRS990/PYTotalExpensesAmt0387901
IRS990/PYTotalRevenueAmt0451855
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-20172
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0CREDIT CARD REWARDS AND REVENUE FROM ACTIVITIES NOT REGULARLY CARRIED ON.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Other income Part II line 10 or Part III line 12
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0466784
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0447400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0277758
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0278096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0220308
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01690346
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01787
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02705
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04850
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03507
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08357
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85380
IRS990ScheduleA/PublicSupportPY170Pct00.84400
IRS990ScheduleA/PublicSupportTotal170Amt01452901
IRS990ScheduleA/SubstantialContributorsTotAmt0237445
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0466784
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0447400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0277758
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0278096
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0220308
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01690346
IRS990ScheduleA/TotalSupportAmt01701668
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0260
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0260
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02444
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012556
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02444
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false

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