Civic Intelligence

Aim Now

990 • Fiscal year 2022 • EIN 47-4359360

Jul 01, 2021 to Jun 30, 2022 • Filed on Dec 12, 2022

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

63rd percentile

0.07x

Higher debt load relative to assets than 63% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.07x

Higher debt load relative to revenue than 63% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

57th percentile

11%

Higher net margin than 57% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

54th percentile

$2,295

Higher top officer pay than 54% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

60th percentile

7.1%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

39th percentile

0.1%

Faster revenue growth than 39% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$501,076

Up $33,140 (+7.1%) from 2021

Net Assets

Up

$466,700

Up $52,123 (+13%) from 2021

Liabilities

Down

$34,376

Down $18,983 (-36%) from 2021

Revenue

Up

$495,044

Up $333 (+0.1%) from 2021

Expenses

Up

$442,921

Up $74,028 (+20%) from 2021

Net Income

Down

$52,123

Down $73,695 (-59%) from 2021

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

2022

Assets$501,076
Liabilities$34,376
Net Assets$466,700

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

2022

Revenue$495,044
Expenses$442,921
Net Income$52,123
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 12, 2022
Return Version
2021v4.2
Gross Receipts
$495,044
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$317,399$339,804▲ $22,405
Land, Buildings, and Equipment, Net$138,509$151,581▲ $13,072
Pledges and Grants Receivable$7,057$3,906▼ $3,151
Accounts Receivable$3,014$3,650▲ $636
Prepaid Expenses and Deferred Charges$1,957$2,135▲ $178
Total Assets$467,936$501,076▲ $33,140
Liabilities
Accounts Payable and Accrued Expenses$36,125$34,053▼ $2,072
Deferred Revenue$17,234$323▼ $16,911
Total Liabilities$53,359$34,376▼ $18,983
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$414,577$466,700▲ $52,123
Total Net Assets Fund Balance$414,577$466,700▲ $52,123
Total Liabilities and Net Assets / Fund Balance$467,936$501,076▲ $33,140

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$117,322$27,690$145,012
Other Land Buildings$34,259$45,056$79,315
Compensation and Service Providers

Employees

NameTitleBaseTotal
Katherine NeubauerDirector$2,295$2,295

Board Members and Trustees

NameTitle
Teresa ReindersPresident
Georgia HerreraDirector
Jennifer MillerDirector
Jeffrey NeubauerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$147,095
Program Service Revenue
$347,549
Investment Income
$400
Other Revenue
$0
All Other Contributions
$81,205
Change in Net Assets
$52,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$309,579
Other Expenses$133,342
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$284,235--$284,235
Depreciation Depletion$26,430--$26,430
Payroll Taxes$22,570--$22,570
Insurance$13,102--$13,102
Occupancy$12,424--$12,424
Fees for Services Accounting-$10,178-$10,178
Office Expenses$9,737--$9,737
Other Expenses$4,188--$4,188
Current Officers, Directors, Trustees, and Key Employees-$2,774-$2,774
All Other Expenses$2,370--$2,370
Fees for Services Other$1,162--$1,162
Conferences and Meetings$329--$329
Advertising$232--$232
Total Functional Expenses$429,969$12,952$0$442,921
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
Co-president
Phone
2626347553
Signed
2022-12-12
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
15
Volunteers
4

Preparer

Firm
Cliftonlarsonallen Llp
Address
8215 GREENWAY BOULEVARD SUITE 600, MIDDLETON, WI 53562
Preparer
Kimberly Anderson CPA
Phone
6086628600
Raw XML Appendix370 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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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
IRS990/ScheduleORequiredInd01
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/TotalAssetsBOYAmt0467936
IRS990/TotalAssetsEOYAmt0501076
IRS990/TotalAssetsGrp/BOYAmt0467936
IRS990/TotalAssetsGrp/EOYAmt0501076
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0147095
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012952
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0429969
IRS990/TotalFunctionalExpensesGrp/TotalAmt0442921
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt053359
IRS990/TotalLiabilitiesEOYAmt034376
IRS990/TotalLiabilitiesGrp/BOYAmt053359
IRS990/TotalLiabilitiesGrp/EOYAmt034376
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0414577
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0466700
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0429969
IRS990/TotalProgramServiceRevenueAmt0347549
IRS990/TotalReportableCompFromOrgAmt02295
IRS990/TotalRevenueGrp/ExclusionAmt0400
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0347549
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0495044
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0467936
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0501076
IRS990/TotReportableCompRltdOrgAmt00
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY NEUBAUER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02626347553
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-12-12
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/PreparationDt02022-12-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY ANDERSON CPA
ReturnHeader/ReturnTs02023-02-09T00:07:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFFREY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NEUBAUER
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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