Civic Intelligence

Aim Now

990 • Fiscal year 2019 • EIN 47-4359360

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 08, 2020

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

80th percentile

0.12x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.07x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$2,353

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

81st percentile

39%

Faster asset growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-9.5%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$193,761

Up $54,482 (+39%) from 2018

Net Assets

Up

$170,518

Up $44,001 (+35%) from 2018

Liabilities

Up

$23,243

Up $10,481 (+82%) from 2018

Revenue

Down

$348,624

Down $36,685 (-9.5%) from 2018

Expenses

Up

$304,622

Up $21,786 (+7.7%) from 2018

Net Income

Down

$44,002

Down $58,471 (-57%) from 2018

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

2019

Assets$193,761
Liabilities$23,243
Net Assets$170,518

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

2019

Revenue$348,624
Expenses$304,622
Net Income$44,002
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 8, 2020
Return Version
2018v3.1
Gross Receipts
$351,419
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$124,050$167,825▲ $43,775
Land, Buildings, and Equipment, Net$6,303$17,174▲ $10,871
Pledges and Grants Receivable$3,732$5,415▲ $1,683
Prepaid Expenses and Deferred Charges$1,542$1,757▲ $215
Accounts Receivable$3,652$1,590▼ $2,062
Total Assets$139,279$193,761▲ $54,482
Liabilities
Accounts Payable and Accrued Expenses$12,762$23,243▲ $10,481
Total Liabilities$12,762$23,243▲ $10,481
Net Assets / Fund Balance
Unrestricted Net Assets$126,517$170,518▲ $44,001
Total Net Assets Fund Balance$126,517$170,518▲ $44,001
Total Liabilities and Net Assets / Fund Balance$139,279$193,761▲ $54,482

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$17,174$24,614$41,788
Compensation and Service Providers

Employees

NameTitleBaseTotal
Katherine NeubauerTreasurer$2,353$2,353

Board Members and Trustees

NameTitle
Jeffrey NeubauerCo-president
Teresa ReindersCo-president
Gai LorenzenMember
Georgia HerreraMember
Revenue and Support

Revenue Composition

Contributions and Grants
$38,434
Program Service Revenue
$312,485
Investment Income
$-2,295
Other Revenue
$0
Change in Net Assets
$44,002
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$205,440
Other Expenses$99,182
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$183,778--$183,778
Payroll Taxes$19,621--$19,621
Occupancy$14,324--$14,324
Insurance$10,856--$10,856
Fees for Services Accounting-$9,600-$9,600
All Other Expenses$8,773--$8,773
Office Expenses$5,111--$5,111
Depreciation Depletion$4,493--$4,493
Other Expenses$2,933--$2,933
Current Officers, Directors, Trustees, and Key Employees-$2,041-$2,041
Travel$1,911--$1,911
Advertising$1,638--$1,638
Fees for Services Other-$1,405-$1,405
Conferences and Meetings$45--$45
Total Functional Expenses$291,576$13,046$0$304,622
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
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
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
2020-01-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Neubauer
Formed
2015
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
5
Employees
20
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
8215 GREENWAY BOULEVARD SUITE 600, MIDDLETON, WI 53562
Preparer
Kimberly Anderson
Phone
6086628600
Raw XML Appendix366 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/BooksInCareOfDetail/USAddress/AddressLine1Txt02915 WRIGHT AVENUE
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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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IRS990/MissionDesc0THE 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/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
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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
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0139279
IRS990/TotalAssetsEOYAmt0193761
IRS990/TotalAssetsGrp/BOYAmt0139279
IRS990/TotalAssetsGrp/EOYAmt0193761
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt038434
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013046
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0291576
IRS990/TotalFunctionalExpensesGrp/TotalAmt0304622
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012762
IRS990/TotalLiabilitiesEOYAmt023243
IRS990/TotalLiabilitiesGrp/BOYAmt012762
IRS990/TotalLiabilitiesGrp/EOYAmt023243
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0126517
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0170518
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0291576
IRS990/TotalProgramServiceRevenueAmt0312485
IRS990/TotalReportableCompFromOrgAmt02353
IRS990/TotalRevenueGrp/ExclusionAmt0-2295
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0312485
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0348624
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0139279
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0193761
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01911
IRS990/TravelGrp/TotalAmt01911
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0126517
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0170518
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02915 WRIGHT AVENUE
IRS990/USAddress/CityNm0RACINE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd0534055046
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.AIMNOWEDUCATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY NEUBAUER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02626347553
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-08
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/AtSubmissionCreationDeviceId0000A802ADC22DE0C36DB454587C5036153C1E962
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId078177D922648B75A1D38F9F8AF4B9BA6CBECE89C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02020-01-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:20:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08215 GREENWAY BOULEVARD SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIDDLETON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053562
ReturnHeader/PreparerPersonGrp/PhoneNum06086628600
ReturnHeader/PreparerPersonGrp/PreparationDt02020-01-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY ANDERSON
ReturnHeader/ReturnTs02020-03-03T16:37:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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