Civic Intelligence

College Aim Inc.

990 • Fiscal year 2022 • EIN 81-4120021

Aug 01, 2021 to Jul 31, 2022 • Filed on Jun 16, 2023

825 Virginia Park Cir NEAtlanta, GA 30306-4081

(678) 609-3463

Siviq Scores

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

Liabilities / Assets

84th percentile

0.39x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.32x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

67th percentile

17%

Higher net margin than 67% of similar nonprofits.

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

Top Officer Pay

74th percentile

$64,231

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

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

Asset Growth

95th percentile

147%

Faster asset growth than 95% of similar nonprofits.

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

Revenue Growth

86th percentile

82%

Faster revenue growth than 86% of similar nonprofits.

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

Assets

Up

$436,753

Up $259,677 (+147%) from 2021

Net Assets

Up

$267,527

Up $90,451 (+51%) from 2021

Liabilities

Up

$169,226

Up $169,226 from 2021

Revenue

Up

$533,115

Up $239,885 (+82%) from 2021

Expenses

Up

$442,664

Up $179,386 (+68%) from 2021

Net Income

Up

$90,451

Up $60,499 (+202%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2021: $177,076Liabilities 2021: $0Net Assets 2021: $177,0762021Assets 2022: $436,753Liabilities 2022: $169,226Net Assets 2022: $267,5272022Assets 2023: $334,729Liabilities 2023: $0Net Assets 2023: $334,7292023Assets 2024: $512,124Liabilities 2024: $15,223Net Assets 2024: $496,9012024Assets 2025: $512,519Liabilities 2025: $17,895Net Assets 2025: $494,6242025

Highlighted filing

2022

Assets$436,753
Liabilities$169,226
Net Assets$267,527

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2021: $293,230Expenses 2021: $263,278Net Income 2021: $29,9522021Revenue 2022: $533,115Expenses 2022: $442,664Net Income 2022: $90,4512022Revenue 2023: $784,864Expenses 2023: $717,662Net Income 2023: $67,2022023Revenue 2024: $1,023,213Expenses 2024: $993,564Net Income 2024: $29,6492024Revenue 2025: $1,516,267Expenses 2025: $1,719,168Net Income 2025: -$202,9012025

Highlighted filing

2022

Revenue$533,115
Expenses$442,664
Net Income$90,451
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Jun 16, 2023
Return Version
2021v4.0
Gross Receipts
$533,115
Mission and Program Overview

Mission

To provide expert coaching from ninth grade through college graduation, and work to dismantle systemic racial and economic barriers, so that greater atlanta students are able to achieve their ambitions.

To provide expert coaching from ninth grade through college graduation and work to dismantle systemic racial and economic barriers so that Greater Atlanta students are able to achieve their ambitions. The organization's mission is accomplished primarily through its College Access and College Success programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$177,064$336,753▲ $159,689
Pledges and Grants Receivable$0$100,000▲ $100,000
Savings and Temporary Cash Investments$12$0▼ $12
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$177,076$436,753▲ $259,677
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$0$160,991▲ $160,991
Accounts Payable and Accrued Expenses$0$8,235▲ $8,235
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$169,226▲ $169,226
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$160,991▲ $160,991
Net Assets Without Donor Restrictions$177,076$106,536▼ $70,540
Total Net Assets Fund Balance$177,076$267,527▲ $90,451
Total Liabilities and Net Assets / Fund Balance$177,076$436,753▲ $259,677
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sam AleinikoffExecutive DirectorFT$64,231$64,231

Board Members and Trustees

NameTitle
Jay SteelePresident and Board Chair
Hernan GallegosVice President
Alicia AllenBoard Member
Bharath ParthasarathyBoard Member
Emani FentonBoard Member
Michael RosenzweigBoard Member
Sandra BarnhillBoard Member
Tyler BellBoard Member
Anna KamerowSecretary
Esohe GalbreathTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$532,325
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$790
All Other Contributions
$532,325
Change in Net Assets
$90,451

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$30,000Fair Market Value (FMV)
Other Non Cash Contri Table100$10,000Fair Market Value (FMV)
Cars and Other Vehicles1$1,800Fair Market Value (FMV)
Total Noncash Contributions102$41,800-

Audited Revenue Reconciliation

Revenue per Audited Statements
$533,115
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$533,115
Total Revenue per Form 990
$533,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$357,265
Other Expenses$85,399
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$268,190$64,191$0$332,381
Occupancy$31,510$0$0$31,510
Payroll Taxes$20,012$4,872$0$24,884
Fees for Services Accounting$4,049$1,248$0$5,297
Conferences and Meetings$3,341$1,102$0$4,443
Office Expenses$3,263$106$0$3,369
Fees for Services Other$1,175$1,594$0$2,769
Insurance$377$2,357$0$2,734
Advertising$1,021$1,579$0$2,600
Travel$1,591$827$0$2,418
Other Expenses$11$240$0$251
All Other Expenses$48$94$0$142
Total Functional Expenses$363,115$79,549$0$442,664

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$442,664
Total Expenses per Audited Statements$442,664
Total Expenses per Form 990$442,664
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11A

A draft of the 990 is sent to the Executive Director for review and approval on behalf of the Board.

Part VI, Line 12C

Board Members and the Executive Director are required to certify annually that they have no actual or potential conflicts of interest. Potential conflicts of interest are investigated by a disinterested person named by the Board and the results of their investigation are reviewed and acted upon by the Board. When an actual conflict exists the conflicted board member will recuse themselves from voting on matters related to the conflict of interest.

Part VI, Line 15

Executive Director compensation is discussed and approved by the Board of Directors after research on comparable compensation for other similarly sized nonprofits in the Greater Atlanta Metro Area.

Part VI, Line 19

Governing documents conflicts of interest policy and financial statements are available upon request from the Executive Director.

Filing and Contact Details

Filer

Filer Name
College Aim Inc
EIN
81-4120021
In Care Of
% Sam Aleinikoff
Phone
6786093463
Address
825 VIRGINIA PARK CIR NE, ATLANTA, GA 30306-4081

Signing Officer

Name
Sam Aleinikoff
Title
Executive Director
Signed
2023-06-16
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
Ga
Voting Board Members
10
Independent Board Members
10
Employees
11
Volunteers
22
Supplemental Narrative

Additional Explanations

Part III, Line 4D

| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| CAPS Scholarships, $2530, $0, $0|

Financial Statement Notes

Part X, line 2

FASB ASC 740-10-50-15 Disclosure commonly referred to as FIN-48 Disclosure - College AIM is required to record a liability for uncertain tax positions taken a k a uncertain tax benefits when it is probable a tax position would not be upheld under examination by the Internal Revenue Service and the amount can be reasonably estimated. Tax positions related to the tax-exempt status and unrelated business activities if any have been reviewed by management who believes the material positions taken would more likely than not be upheld upon examination. Therefore an income tax liability for uncertain tax benefits has not been recorded and management does not anticipate a material change in its uncertain tax benefits for the 12 months following July 31 2022. For federal tax purposes tax periods ended July 31 2019 through July 31 2022 are open to tax examination by tax authorities and may change upon examination.

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IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt0533115
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
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IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
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IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
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IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02357
IRS990/InsuranceGrp/ProgramServicesAmt0377
IRS990/InsuranceGrp/TotalAmt02734
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IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
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IRS990/IRPDocumentCnt01
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IRS990/LegalDomicileStateCd0GA
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IRS990/LocalChaptersInd0false
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0To provide expert coaching from ninth grade through college graduation and work to dismantle systemic racial and economic barriers so that Greater Atlanta students are able to achieve their ambitions.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0106536
IRS990/NoncashContributionsAmt041800
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IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Professional Development
IRS990/OtherExpensesGrp/Desc2Emergency Student Support
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0693
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IRS990/OtherExpensesGrp/ProgramServicesAmt21512
IRS990/OtherExpensesGrp/ProgramServicesAmt311
IRS990/OtherExpensesGrp/TotalAmt025615
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IRS990/OtherExpensesGrp/TotalAmt21512
IRS990/OtherExpensesGrp/TotalAmt3251
IRS990/OtherLiabilitiesGrp/BOYAmt00
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0790
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0790

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