Civic Intelligence

Aim Now

990 • Fiscal year 2023 • EIN 47-4359360

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 04, 2023

2915 Wright AvenueRacine, WI 53405-5046

(262) 634-7553

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$568,520

Up $67,444 (+13%) from 2022

Net Assets

Up

$543,602

Up $76,902 (+16%) from 2022

Liabilities

Down

$24,918

Down $9,458 (-28%) from 2022

Revenue And Expenses

Revenue

Up

$640,592

Up $145,548 (+29%) from 2022

Expenses

Up

$563,690

Up $120,769 (+27%) from 2022

Net Income

Up

$76,902

Up $24,779 (+48%) from 2022

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

2023

Assets$568,520
Liabilities$24,918
Net Assets$543,602

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

2023

Revenue$640,592
Expenses$563,690
Net Income$76,902
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 4, 2023
Return Version
2022v5.0
Gross Receipts
$640,592
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.

The mission of aim now inc. Is to provide an experience that will ensure children to be successful.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$339,804$396,232▲ $56,428
Land, Buildings, and Equipment, Net$151,581$162,313▲ $10,732
Pledges and Grants Receivable$3,906$5,404▲ $1,498
Prepaid Expenses and Deferred Charges$2,135$2,855▲ $720
Accounts Receivable$3,650$1,716▼ $1,934
Total Assets$501,076$568,520▲ $67,444
Liabilities
Accounts Payable and Accrued Expenses$34,053$24,918▼ $9,135
Deferred Revenue$323$0▼ $323
Total Liabilities$34,376$24,918▼ $9,458
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$466,700$543,602▲ $76,902
Total Net Assets Fund Balance$466,700$543,602▲ $76,902
Total Liabilities and Net Assets / Fund Balance$501,076$568,520▲ $67,444

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$103,320$45,582$148,902
Other Land Buildings$58,993$59,454$118,447
Compensation and Service Providers

Employees

NameTitleBaseTotal
Katherine NeubauerSecretary$2,192$2,192

Board Members and Trustees

NameTitle
Teresa ReindersPresident
Jeffrey NeubauerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$208,269
Program Service Revenue
$432,323
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$76,902
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$413,419
Other Expenses$150,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$381,435--$381,435
Depreciation Depletion$32,290--$32,290
Payroll Taxes$29,997--$29,997
Insurance$16,338--$16,338
Occupancy$13,650--$13,650
Fees for Services Accounting-$10,860-$10,860
Office Expenses$10,352--$10,352
Other Expenses$4,607--$4,607
Current Officers, Directors, Trustees, and Key Employees-$1,987-$1,987
All Other Expenses$1,839--$1,839
Fees for Services Other$243$615-$858
Conferences and Meetings$379--$379
Advertising$224--$224
Travel$79--$79
Total Functional Expenses$550,228$13,462$0$563,690
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
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 A, Line 1A

The executive committee may act in place of the board of directors between board meetings on all matter. The executive committee consists of a minimum of two directors, one of which is a chairperson of the board and the other as vice chairperson, secretary, or treasurer.

Form 990, Part VI, Section A, Line 2

Katherine neubauer, board member, is the daughter of jeffrey neubauer, treasurer.

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
Treasurer
Phone
2626347553
Signed
2023-10-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Neubauer
Formed
2015
Legal Domicile
Wi
Voting Board Members
3
Independent Board Members
3
Employees
20
Volunteers
3

Preparer

Firm
Cliftonlarsonallen Llp
Address
8215 GREENWAY BOULEVARD SUITE 600, MIDDLETON, WI 53562
Preparer
Kimberly Anderson CPA
Phone
6086628600
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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/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
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE MAY ACT IN PLACE OF THE BOARD OF DIRECTORS BETWEEN BOARD MEETINGS ON ALL MATTER. THE EXECUTIVE COMMITTEE CONSISTS OF A MINIMUM OF TWO DIRECTORS, ONE OF WHICH IS A CHAIRPERSON OF THE BOARD AND THE OTHER AS VICE CHAIRPERSON, SECRETARY, OR TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KATHERINE NEUBAUER, BOARD MEMBER, IS THE DAUGHTER OF JEFFREY NEUBAUER, TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A 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/ExplanationTxt3AN 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/ExplanationTxt4NO 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/ExplanationTxt5AIM 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 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 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/TotalAssetsBOYAmt0501076
IRS990/TotalAssetsEOYAmt0568520
IRS990/TotalAssetsGrp/BOYAmt0501076
IRS990/TotalAssetsGrp/EOYAmt0568520
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0208269
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013462
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0550228
IRS990/TotalFunctionalExpensesGrp/TotalAmt0563690
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034376
IRS990/TotalLiabilitiesEOYAmt024918
IRS990/TotalLiabilitiesGrp/BOYAmt034376
IRS990/TotalLiabilitiesGrp/EOYAmt024918
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0466700
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0543602
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0550228
IRS990/TotalProgramServiceRevenueAmt0432323
IRS990/TotalReportableCompFromOrgAmt02192
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0432323
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0640592
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0501076
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0568520
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt079
IRS990/TravelGrp/TotalAmt079
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02915 WRIGHT AVENUE
IRS990/USAddress/CityNm0RACINE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd0534055046
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.AIMNOWEDUCATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY NEUBAUER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02626347553
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-04
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/IRSResponsiblePrtyInfoCurrInd01
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/PreparationDt02023-10-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY ANDERSON CPA
ReturnHeader/ReturnTs02023-10-12T14:58:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFFREY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NEUBAUER
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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