Civic Intelligence

Aim Now

990 • Fiscal year 2020 • EIN 47-4359360

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 10, 2021

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

74th percentile

0.09x

Higher debt load relative to assets than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.06x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

73rd percentile

24%

Higher net margin than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$2,380

Higher top officer pay than 77% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

83rd percentile

63%

Faster asset growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

42%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$316,389

Up $122,628 (+63%) from 2019

Net Assets

Up

$288,759

Up $118,241 (+69%) from 2019

Liabilities

Up

$27,630

Up $4,387 (+19%) from 2019

Revenue

Up

$493,791

Up $145,167 (+42%) from 2019

Expenses

Up

$375,551

Up $70,929 (+23%) from 2019

Net Income

Up

$118,240

Up $74,238 (+169%) from 2019

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

2020

Assets$316,389
Liabilities$27,630
Net Assets$288,759

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

2020

Revenue$493,791
Expenses$375,551
Net Income$118,240
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 10, 2021
Return Version
2019v5.2
Gross Receipts
$493,791
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$167,825$245,724▲ $77,899
Land, Buildings, and Equipment, Net$17,174$64,983▲ $47,809
Pledges and Grants Receivable$5,415$2,596▼ $2,819
Prepaid Expenses and Deferred Charges$1,757$2,027▲ $270
Accounts Receivable$1,590$1,059▼ $531
Total Assets$193,761$316,389▲ $122,628
Liabilities
Accounts Payable and Accrued Expenses$23,243$26,923▲ $3,680
Deferred Revenue$0$707▲ $707
Total Liabilities$23,243$27,630▲ $4,387
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$170,518$288,759▲ $118,241
Total Net Assets Fund Balance$170,518$288,759▲ $118,241
Total Liabilities and Net Assets / Fund Balance$193,761$316,389▲ $122,628

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$52,802$811$53,613
Other Land Buildings$12,181$29,607$41,788
Compensation and Service Providers

Employees

NameTitleBaseTotal
Katherine NeubauerMember$2,380$2,380

Board Members and Trustees

NameTitle
Teresa ReindersPresident
Georgia HerreraMember
Greg AndereggSecretary
Jeffrey NeubauerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$60,238
Program Service Revenue
$433,553
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$118,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$273,468
Other Expenses$102,083
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$246,671--$246,671
Payroll Taxes$24,212--$24,212
Occupancy$14,666--$14,666
Insurance$12,617--$12,617
Fees for Services Accounting-$9,555-$9,555
Office Expenses$6,454--$6,454
Fees for Services Other$2,877$3,008-$5,885
Depreciation Depletion$5,803--$5,803
All Other Expenses$3,318--$3,318
Other Expenses$2,907--$2,907
Current Officers, Directors, Trustees, and Key Employees-$2,585-$2,585
Advertising$232--$232
Conferences and Meetings$138--$138
Travel$5--$5
Total Functional Expenses$360,403$15,148$0$375,551
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 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
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
2021-02-10
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
19
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
8215 GREENWAY BOULEVARD SUITE 600, MIDDLETON, WI 53562
Preparer
Kimberly Anderson CPA
Phone
6086628600
Raw XML Appendix360 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/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/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
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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0193761
IRS990/TotalAssetsEOYAmt0316389
IRS990/TotalAssetsGrp/BOYAmt0193761
IRS990/TotalAssetsGrp/EOYAmt0316389
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt060238
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015148
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0360403
IRS990/TotalFunctionalExpensesGrp/TotalAmt0375551
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023243
IRS990/TotalLiabilitiesEOYAmt027630
IRS990/TotalLiabilitiesGrp/BOYAmt023243
IRS990/TotalLiabilitiesGrp/EOYAmt027630
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0170518
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0288759
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0360403
IRS990/TotalProgramServiceRevenueAmt0433553
IRS990/TotalReportableCompFromOrgAmt02380
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0433553
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0493791
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0193761
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0316389
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05
IRS990/TravelGrp/TotalAmt05
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY NEUBAUER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02626347553
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-10
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/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/PreparationDt02021-01-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY ANDERSON CPA
ReturnHeader/ReturnTs02021-02-15T10:56:31-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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