Aim Now is located in Racine, WI. The organization was established in 2016. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Aim Now employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aim Now 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, Aim Now generated $495.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $442.9k during the year ending 06/2022. 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
THE MISSION OF AIM NOW INC. IS TO PROVIDE AN EXPERIENCE THAT WILL ENSURE CHILDREN TO BE SUCCESSFUL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katherine Neubauer Director | Trustee | 0.2 | $2,295 |
Teresa Reinders President | OfficerTrustee | 0.2 | $0 |
Jeffrey Neubauer Treasurer | OfficerTrustee | 0.2 | $0 |
Georgia Herrera Director | Trustee | 0.2 | $0 |
Jennifer Miller Director | Trustee | 0.2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $65,890 |
All other contributions, gifts, grants, and similar amounts not included above | $81,205 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $147,095 |
Total Program Service Revenue | $347,549 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $400 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $495,044 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,774 |
Compensation of current officers, directors, key employees. | $2,774 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $284,235 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $22,570 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,178 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,162 |
Advertising and promotion | $232 |
Office expenses | $9,737 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,424 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $329 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,430 |
Insurance | $13,102 |
All other expenses | $2,370 |
Total functional expenses | $442,921 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $339,804 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $3,906 |
Accounts receivable, net | $3,650 |
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 | $2,135 |
Net Land, buildings, and equipment | $151,581 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $501,076 |
Accounts payable and accrued expenses | $34,053 |
Grants payable | $0 |
Deferred revenue | $323 |
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 | $34,376 |
Net assets without donor restrictions | $466,700 |
Net assets with donor restrictions | $0 |
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 | $501,076 |
Over the last fiscal year, we have identified 1 grants that Aim Now has recieved totaling $10,800.
Awarding Organization | Amount |
---|---|
Racine Community Foundation Inc Racine, WI PURPOSE: SCHOLARSHIPS FOR 3-YEAR-OLD CHILDCARE PREPARING | $10,800 |
Organization Name | Assets | Revenue |
---|---|---|
Grand Rapids Christian Schools Grand Rapids, MI | $65,671,277 | $35,710,692 |
Catherine Cook School Chicago, IL | $39,097,853 | $19,163,483 |
New St Paul Tabernacle Church Of God In Christ Head Start Agency Detroit, MI | $2,136,848 | $14,428,014 |
Rogers Park Montessori School Chicago, IL | $24,431,120 | $7,342,304 |
Woodlands School Inc Milwaukee, WI | $2,983,188 | $7,550,703 |
Chiaravalle Montessori School Evanston, IL | $20,991,628 | $8,509,054 |
Baraga Houghton Keweenaw Child Development Board Inc Houghton, MI | $2,508,419 | $6,917,101 |
Roycemore School Evanston, IL | $12,981,481 | $7,960,339 |
Lake Area Discovery Center White Bear Lake, MN | $2,847,181 | $7,699,616 |
Metropolitan Children And Youth Inc Detroit, MI | $1,358,627 | $5,984,825 |
Family Forum Inc Superior, WI | $1,927,260 | $6,315,479 |
Lake Country School Montessori Learning Environments Minneapolis, MN | $16,072,245 | $6,022,305 |