Aarons Presents Inc
- Assets
- $308.5k
- Revenue
- $281.2k
- Investments
- $0.0
- Employees
- 15
- Location
- Andover, MA
- Founding
- 07/2014
- Data as of
- 06/2022
- EIN
- 46-4010444
Organization Overview
Aarons Presents Inc is located in Andover, MA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2022, Aarons Presents Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aarons Presents Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Aarons Presents Inc generated $281.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 49.8% each year . All expenses for the organization totaled $282.8k during the year ending 06/2022. While expenses have increased by 47.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AARON'S PRESENTS GIVERS AND VISIONARIES PROGRAM EMPOWERS YOUNG CHILDREN TO PLAN AND CARRY OUT PROJECTS THAT BENEFIT OTHERS BY PROVIDING MATERIALS, MENTORING AND LOGISTICAL SUPPORT. OUR AGENTS OF CHANGE PROGRAM BROADENS THEIR EXPERIENCE AND .HELPS THEM PREPARE FOR COLLEGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIVERS AND VISIONARIES PROGRAM IN FY 2022 AARON'S PRESENTS SERVED 424 CHILDREN WHO ACCOMPLISHED 293 PROJECTS, BENEFITING 3540 OTHER PEOPLE. OUR OBJECTIVE IN SUPPORTING AND MENTORING THE KIDS PROJECTS IS FOR THEM TO: - LEARN THAT THEY HAVE THE POWER TO MAKE A POSITIVE DIFFERENCE IN THE WORLD - TODAY. EXPERIENCE THE POWER THAT GIVING OF THEMSELVES HAS TO ENRICH THEIR LIVES, - EXPERIENCE THE VALUE OF THE 5C'S OF POSITIVE YOUTH DEVELOPMENT - COMPETENCE CONFIDENCE, CHARACTER, CONNECTION AND CARING AS THEY ACT ON THE 6TH C - CONTRIBUTION. WE BELIEVE THIS EXPERIENCE AND ACTION HELP BROADEN THE SCOPE OF WHAT THEY BELIEVE THEY CAN REACH FOR AND WANT TO ACCOMPLISH AS THEY GROW INTO ADULTS.
AGENTS OF CHANGE PROGRAM OUR OBJECTIVE IS TO CONTINUE SUPPORTING FORMER GIVERS AND VISIONARIES PARTICIPANTS, ESPECIALLY THOSE WHO ARE ECONOMICALLY CHALLENGED, TO BROADEN THEIR VIEW OF THE OPPORTUNITIES AHEAD AFTER HIGH SCHOOL, AND TO HELP THEM PREPARE FOR COLLEGE.
COMMUNITY RELIEF FUND ESTABLISHED SO OUR DONORS COULD MAKE DONATIONS SPECIFICALLY TO HELP COMMUNITY MEMBERS SEVERELY AFFECTED BY THE COVID-19 PANDEMIC. WE EXPECT THE FUND TO CONTINUE SO LONG AS THE COVID-19 PANDEMIC THREATENS THE COMMUNITY AND FAMILIES WE SERVE. THE FUND ALLOWS OUR AGENTS OF CHANGE PARTICIPANTS TO SERVE THEIR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Tegner Rood Treasurer And Director | OfficerTrustee | 10 | $15,630 |
Leah Okimoto Executive Direrctor | Officer | 40 | $15,000 |
Aldonsa Peyrera Vice Chair And Director | OfficerTrustee | 0 | $0 |
Anny Vargas Chair And Director | OfficerTrustee | 1 | $0 |
Samantha Meserve Clerk And Director | OfficerTrustee | 1 | $0 |
Dinesh Makhija Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $7,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $270,258 |
| Noncash contributions included in lines 1a–1f | $15,771 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $277,758 |
| Total Program Service Revenue | $0 |
| Investment income | $77 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $281,157 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $34,474 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $30,630 |
| Compensation of current officers, directors, key employees. | $17,280 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,520 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,046 |
| Fees for services: Management | $8,014 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,520 |
| Office expenses | $3,354 |
| Information technology | $10,790 |
| Royalties | $0 |
| Occupancy | $2,400 |
| Travel | $88 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,956 |
| Insurance | $9,871 |
| All other expenses | $0 |
| Total functional expenses | $282,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,134 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $66,667 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,252 |
| Net Land, buildings, and equipment | $6,355 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,115 |
| Total assets | $308,523 |
| Accounts payable and accrued expenses | $15,587 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,587 |
| Net assets without donor restrictions | $142,984 |
| Net assets with donor restrictions | $149,952 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $308,523 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Aarons Presents Inc has recieved totaling $143,898.
| Awarding Organization | Amount |
|---|---|
Oneworld Boston Inc Woburn, MA PURPOSE: COMMUNITY OUTREACH | $33,333 |
Greater Lowell Community Foundation Inc Lowell, MA PURPOSE: GENERAL SUPPORT | $20,500 |
Saab Family Foundation Lowell, MA PURPOSE: GENERAL OPERATIONS | $20,000 |
Amelia Peabody Foundation Wellesley, MA PURPOSE: POST-PANDEMIC OPERATIONS SUPPORT | $20,000 |
Rogers Family Foundation Boston, MA PURPOSE: HELPING LAWRENCE YOUTH HEAL THROUGH CONTRIBUTING | $15,000 |
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $10,000 |
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|---|---|---|
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52 Broadway Realty Corp New York, NY | $50,887,165 | $15,066,010 |
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