Civic Intelligence

Aim Now

990 • Fiscal year 2017 • EIN 47-4359360

Jul 01, 2016 to Jun 30, 2017 • Filed on Aug 10, 2017

2915 Wright AvenueRacine, WI 53405-5046

(262) 634-7553

Siviq Scores

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

Liabilities / Assets

91st percentile

0.63x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

0.14x

Higher debt load relative to revenue than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$1,495

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

76th percentile

27%

Faster asset growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-41%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$64,803

Up $13,602 (+27%) from 2016

Net Assets

Up

$24,044

Up $49,216 (+196%) from 2016

Liabilities

Down

$40,759

Down $35,614 (-47%) from 2016

Revenue

Down

$283,687

Down $201,167 (-41%) from 2016

Expenses

Down

$234,471

Down $275,555 (-54%) from 2016

Net Income

Up

$49,216

Up $74,388 (+296%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2016: $51,201Liabilities 2016: $76,373Net Assets 2016: -$25,1722016Assets 2017: $64,803Liabilities 2017: $40,759Net Assets 2017: $24,0442017Assets 2018: $139,279Liabilities 2018: $12,762Net Assets 2018: $126,5172018Assets 2019: $193,761Liabilities 2019: $23,243Net Assets 2019: $170,5182019Assets 2020: $316,389Liabilities 2020: $27,630Net Assets 2020: $288,7592020Assets 2021: $467,936Liabilities 2021: $53,359Net Assets 2021: $414,5772021Assets 2022: $501,076Liabilities 2022: $34,376Net Assets 2022: $466,7002022Assets 2023: $568,520Liabilities 2023: $24,918Net Assets 2023: $543,6022023Assets 2024: $623,371Liabilities 2024: $30,333Net Assets 2024: $593,0382024Assets 2025: $765,981Liabilities 2025: $31,614Net Assets 2025: $734,3672025

Highlighted filing

2017

Assets$64,803
Liabilities$40,759
Net Assets$24,044

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $484,854Expenses 2016: $510,026Net Income 2016: -$25,1722016Revenue 2017: $283,687Expenses 2017: $234,471Net Income 2017: $49,2162017Revenue 2018: $385,309Expenses 2018: $282,836Net Income 2018: $102,4732018Revenue 2019: $348,624Expenses 2019: $304,622Net Income 2019: $44,0022019Revenue 2020: $493,791Expenses 2020: $375,551Net Income 2020: $118,2402020Revenue 2021: $494,711Expenses 2021: $368,893Net Income 2021: $125,8182021Revenue 2022: $495,044Expenses 2022: $442,921Net Income 2022: $52,1232022Revenue 2023: $640,592Expenses 2023: $563,690Net Income 2023: $76,9022023Revenue 2024: $817,321Expenses 2024: $767,885Net Income 2024: $49,4362024Revenue 2025: $964,623Expenses 2025: $821,462Net Income 2025: $143,1612025

Highlighted filing

2017

Revenue$283,687
Expenses$234,471
Net Income$49,216
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Aug 10, 2017
Return Version
2016v3.0
Gross Receipts
$283,687
Mission and Program Overview

Mission

The mission of aim now incorporated is to provide a full-day 4 year old kindergarten experience that will improve learning outcomes, ensuring children in racine are prepared to enter and succeed in kindergarten.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,264$48,606▲ $33,342
Accounts Receivable$14,958$6,121▼ $8,837
Land, Buildings, and Equipment, Net$9,452$5,671▼ $3,781
Pledges and Grants Receivable$8,897$2,830▼ $6,067
Prepaid Expenses and Deferred Charges$2,630$1,575▼ $1,055
Total Assets$51,201$64,803▲ $13,602
Liabilities
Accounts Payable and Accrued Expenses$42,701$26,926▼ $15,775
Deferred Revenue$14,123$0▼ $14,123
Mortgage Notes Payable Secured by Investment Property$19,549$13,833▼ $5,716
Total Liabilities$76,373$40,759▼ $35,614
Net Assets / Fund Balance
Unrestricted Net Assets$-25,172$24,044▲ $49,216
Total Net Assets Fund Balance$-25,172$24,044▲ $49,216
Total Liabilities and Net Assets / Fund Balance$51,201$64,803▲ $13,602

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,671$17,959$23,630
Compensation and Service Providers

Employees

NameTitleBaseTotal
Katherine NeubauerTreasurer$1,495$1,495

Board Members and Trustees

NameTitle
Jeffrey NeubauerCo-president
Teresa ReindersCo-president
Georgia HerreraMember
Jamie RacineMember
Marie SmithMember
Revenue and Support

Revenue Composition

Contributions and Grants
$45,377
Program Service Revenue
$238,310
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,465
Change in Net Assets
$49,216
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$145,991
Other Expenses$88,480
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$132,561--$132,561
Occupancy$21,000--$21,000
Fees for Services Other-$18,196-$18,196
Payroll Taxes$11,935--$11,935
Insurance$9,793--$9,793
Office Expenses$3,858--$3,858
Depreciation Depletion$3,781--$3,781
All Other Expenses$3,699--$3,699
Interest$3,041--$3,041
Travel$1,513--$1,513
Current Officers, Directors, Trustees, and Key Employees-$1,495-$1,495
Advertising$878--$878
Conferences and Meetings$384--$384
Other Expenses$180--$180
Total Functional Expenses$214,780$19,691$0$234,471
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Katherine NeubauerTreasuer Also Is BookkeeperAim Now Incorporated Paid for Bookkeeping Duties Done by Katherine Neubauer, Who Is Treasurer of Aim Now Incorporated.No$1,495
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 A, Line 2

Katherine neubauer, treasurer, is the daughter of jeffrey neubauer, co-president.

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

A copy is provided at the board meeting once form 990 is completed. A copy of form 990 is provided to signing officers at time of signature.

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

An interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors who are considering the proposed transaction or arrangement. Each board member must sign a statement saying they have received and understand the conflict of interest policy. Each director, principal officer, and member of a committee with board delegated powers shall be required to sign a statement which affirms that such person: a) has received a copy of the conflict of interest policy; b) has read and understands the policy; c) has agreed to comply with the policy; and d) understands that the corporation/organization is charitable, and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section B, Line 15

No employees or contractors are expected to be compensated in excess of $50,000 annually. Officers are not compensated for their services. All employees will be paid consistently with the market for similar size and types of organizations in the racine, wisconsin area. There are relatively easily determinable pay rates for teachers and assistants and aim now incorporated must be competitive with the local market and still be able to stay within the parameters of a challenging budget.

Form 990, Part VI, Section C, Line 19

Aim now incorporated makes governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Aim Now Incorporated
EIN
47-4359360
Phone
2626347553
Address
2915 WRIGHT AVENUE, RACINE, WI 53405-5046

Signing Officer

Name
Jeffrey Neubauer
Title
Co-president
Phone
2626347553
Signed
2017-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Neubauer
Formed
2015
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
5
Employees
18
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
222 MAIN ST SUITE 200, RACINE, WI 53403
Preparer
Steven L Jenkins CPA
Phone
2626379351
Raw XML Appendix378 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF AIM NOW INCORPORATED IS TO PROVIDE A FULL-DAY 4 YEAR OLD KINDERGARTEN EXPERIENCE THAT WILL IMPROVE LEARNING OUTCOMES, ENSURING CHILDREN IN RACINE ARE PREPARED TO ENTER AND SUCCEED IN KINDERGARTEN.
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IRS990/Desc0THE SCHOOL IS COMPRISED OF MOSTLY THREE AND FOUR YEAR OLD CHILDREN. THE CURRICULUM IS DESIGNED TO GIVE AT-RISK YOUNG CHILDREN THE BASIC SKILLS AND EDUCATIONAL FOUNDATION THAT IS CURRENTLY LACKING IN THIS POPULATION. STUDIES HAVE SHOWN THAT THE PERCENTAGES OF SUCCESS ARE GREATLY INCREASED WHEN CHILDREN ENTERING KINDERGARTEN ARE ADEQUATELY PREPARED. THE MISSION OF AIM NOW INCORPORATED IS TO PROVIDE A FULL-DAY 4 YEAR OLD KINDERGARTEN EXPERIENCE THAT WILL IMPROVE LEARNING OUTCOMES, ENSURING CHILDREN IN RACINE ARE PREPARED TO ENTER AND SUCCEED IN KINDERGARTEN.
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IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A.I.M. NOW ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED TO MADE AVAILABLE TO STUDENTS AT THE SCHOOL. A.I.M. NOW DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS, POLICIES, SCHOLARSHIP PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. THIS POLICY HAS BEEN PUBLISHED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FINACIAL AID FROM THE DEPARTMENT OF PUBLIC INSTRUCTION IN THE FORM OF NUTRITION FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0KATHERINE NEUBAUER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TREASUER ALSO IS BOOKKEEPER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01495
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0AIM NOW INCORPORATED PAID FOR BOOKKEEPING DUTIES DONE BY KATHERINE NEUBAUER, WHO IS TREASURER OF AIM NOW INCORPORATED.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KATHERINE NEUBAUER, TREASURER, IS THE DAUGHTER OF JEFFREY NEUBAUER, CO-PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY IS PROVIDED AT THE BOARD MEETING ONCE FORM 990 IS COMPLETED. A COPY OF FORM 990 IS PROVIDED TO SIGNING OFFICERS AT TIME OF SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS WHO ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. EACH BOARD MEMBER MUST SIGN A STATEMENT SAYING THEY HAVE RECEIVED AND UNDERSTAND THE CONFLICT OF INTEREST POLICY. EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL BE REQUIRED TO SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; B) HAS READ AND UNDERSTANDS THE POLICY; C) HAS AGREED TO COMPLY WITH THE POLICY; AND D) UNDERSTANDS THAT THE CORPORATION/ORGANIZATION IS CHARITABLE, AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO EMPLOYEES OR CONTRACTORS ARE EXPECTED TO BE COMPENSATED IN EXCESS OF $50,000 ANNUALLY. OFFICERS ARE NOT COMPENSATED FOR THEIR SERVICES. ALL EMPLOYEES WILL BE PAID CONSISTENTLY WITH THE MARKET FOR SIMILAR SIZE AND TYPES OF ORGANIZATIONS IN THE RACINE, WISCONSIN AREA. THERE ARE RELATIVELY EASILY DETERMINABLE PAY RATES FOR TEACHERS AND ASSISTANTS AND AIM NOW INCORPORATED MUST BE COMPETITIVE WITH THE LOCAL MARKET AND STILL BE ABLE TO STAY WITHIN THE PARAMETERS OF A CHALLENGING BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AIM NOW INCORPORATED MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt051201
IRS990/TotalAssetsEOYAmt064803
IRS990/TotalAssetsGrp/BOYAmt051201
IRS990/TotalAssetsGrp/EOYAmt064803
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt045377
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0214780
IRS990/TotalFunctionalExpensesGrp/TotalAmt0234471
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt076373
IRS990/TotalLiabilitiesEOYAmt040759
IRS990/TotalLiabilitiesGrp/BOYAmt076373
IRS990/TotalLiabilitiesGrp/EOYAmt040759
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-25172
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt024044
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0214780
IRS990/TotalProgramServiceRevenueAmt0238310
IRS990/TotalReportableCompFromOrgAmt01495
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0238310
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0283687
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt051201
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt064803
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01513
IRS990/TravelGrp/TotalAmt01513
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-25172
IRS990/UnrestrictedNetAssetsGrp/EOYAmt024044
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02915 WRIGHT AVENUE
IRS990/USAddress/CityNm0RACINE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd0534055046
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.AIMNOWEDUCATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY NEUBAUER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02626347553
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AIM NOW INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0AIMN
ReturnHeader/Filer/EIN0474359360
ReturnHeader/Filer/PhoneNum02626347553
ReturnHeader/Filer/USAddress/AddressLine1Txt02915 WRIGHT AVENUE
ReturnHeader/Filer/USAddress/CityNm0RACINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0534055046
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId029B3532BE4EE960876C422F2F602592B450521F0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AEB561FE889C33FEC0A971B5B75B31039963007A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02017-08-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:16:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0222 MAIN ST SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RACINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053403
ReturnHeader/PreparerPersonGrp/PhoneNum02626379351
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN L JENKINS CPA
ReturnHeader/ReturnTs02017-10-16T16:39:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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