Totals
- Total revenue
- $31,989,991
- Total expenses
- $24,351,390
- Contributions and grants received
- $4,137,216
- Grants paid
- $1,367,500
- Program service revenue
- $26,578,409
- Investment income
- $1,075,570
- Other revenue
- $198,796
- Total assets, end of year
- $83,997,246
- Total liabilities, end of year
- $26,515,519
- Net assets or fund balances, end of year
- $57,481,727
- Program services expenses (Part IX)
- $20,122,794
- Management and general expenses
- $2,858,793
- Fundraising expenses
- $1,369,803
- Program service expenses (Part III)
- $20,122,794
Program services were 82.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$212,456
-
1e · Government grants (contributions)
$9,599
-
1f · All other contributions, gifts and grants
$3,915,161
-
1g · Noncash contributions included above
$38,243
-
2a · Program service revenue: TUITION, FEES & RELATED SERVICES
total $17,593,406 · related or exempt $17,593,406
-
2b · Program service revenue: TEACHER TRAINING WORKSHOPS
total $8,833,566 · related or exempt $8,833,566
-
2c · Program service revenue: TUTORING
total $151,437 · related or exempt $151,437
-
3 · Investment income
total $968,256 · excluded $968,256
-
6a · Gross rents
real property $192,280
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $192,280
-
6d · Net rental income or loss
total $192,280 · excluded $192,280
-
7a · Gross sales of assets other than inventory
securities $5,961,622
-
7b · Less cost or other basis and sales expenses
securities $5,854,308
-
7c · Gain or loss
securities $107,314
-
7d · Net gain or loss
total $107,314 · excluded $107,314
-
8a · Fundraising events: gross income
$65,751
-
8a · Fundraising events: contributions included on line 1c
$212,456
-
8b · Fundraising events: direct expenses
$107,089
-
8c · Net income from fundraising events
total -$41,338 · excluded -$41,338
-
11a · Other revenue: MISCELLANEOUS
total $47,854 · related or exempt $47,854
-
11e · Other revenue, total
$47,854
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,367,500 · program services $1,367,500
-
5 · Compensation of officers, directors and key employees
total $1,959,650 · program services $972,622 · management and general $456,507 · fundraising $530,521
-
7 · Other salaries and wages
total $12,422,583 · program services $10,698,733 · management and general $1,202,015 · fundraising $521,835
-
8 · Pension plan contributions
total $1,101,498 · program services $479,645 · management and general $586,740 · fundraising $35,113
-
9 · Other employee benefits
total $898,455 · program services $769,838 · management and general $80,819 · fundraising $47,798
-
10 · Payroll taxes
total $980,450 · program services $813,400 · management and general $119,584 · fundraising $47,466
-
11b · Fees: legal
total $18,813 · program services $11,402 · management and general $7,411
-
11c · Fees: accounting
total $39,052 · management and general $39,052
-
11g · Fees: other
total $800,383 · program services $639,634 · management and general $103,367 · fundraising $57,382
-
12 · Advertising and promotion
total $145,802 · program services $128,605 · management and general $14,427 · fundraising $2,770
-
14 · Information technology
total $605,951 · program services $545,760 · management and general $49,526 · fundraising $10,665
-
17 · Travel
total $257,676 · program services $234,610 · management and general $8,763 · fundraising $14,303
-
20 · Interest
total $389,625 · program services $365,986 · management and general $11,961 · fundraising $11,678
-
22 · Depreciation, depletion and amortization
total $1,452,103 · program services $1,389,463 · management and general $35,913 · fundraising $26,727
-
23 · Insurance
total $125,470 · program services $101,506 · management and general $19,970 · fundraising $3,994
-
24a · Other expenses: TAX EXPENSE
total $23,208 · management and general $23,208
-
24b · Other expenses: REPAIRS AND MAINTENTANC
total $754,634 · program services $713,884 · management and general $20,375 · fundraising $20,375
-
24c · Other expenses: EXTRACURRICULAR ACTIVIT
total $250,214 · program services $250,214
-
24d · Other expenses: INSTRUCTIONAL SUPPLIES
total $154,948 · program services $137,340 · management and general $17,123 · fundraising $485
-
24e · All other expenses
total $603,375 · program services $502,652 · management and general $62,032 · fundraising $38,691
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,397,858 · end of year $700,708
-
2 · Savings and temporary cash investments
beginning of year $33,102,884 · end of year $32,220,773
-
3 · Pledges and grants receivable
beginning of year $1,670,432 · end of year $1,928,770
-
4 · Accounts receivable
beginning of year $620,422 · end of year $2,418,720
-
9 · Prepaid expenses and deferred charges
beginning of year $189,854 · end of year $881,452
-
10a · Land, buildings and equipment: cost or other basis
$31,048,484
-
10b · Land, buildings and equipment: accumulated depreciation
$8,690,021
-
10c · Land, buildings and equipment, net
beginning of year $22,349,213 · end of year $22,358,463
-
11 · Investments: publicly traded securities
beginning of year $12,054,752 · end of year $23,210,351
-
15 · Other assets
beginning of year $0 · end of year $278,009
-
17 · Accounts payable and accrued expenses
beginning of year $1,687,858 · end of year $3,721,580
-
19 · Deferred revenue
beginning of year $10,573,539 · end of year $11,199,722
-
23 · Secured mortgages and notes payable
beginning of year $11,789,425 · end of year $11,349,238
-
25 · Other liabilities
beginning of year $250,663 · end of year $244,979
-
27 · Net assets without donor restrictions
beginning of year $42,436,618 · end of year $50,006,110
-
28 · Net assets with donor restrictions
beginning of year $5,647,312 · end of year $7,475,617
Mission and programs · 2022
Mission
AIM ACADEMY (AIM) PROVIDES EXTRAORDINARY EDUCATIONAL OPPORTUNITIES TO CHILDREN WITH LANGUAGE-BASED LEARNING DISABILITIES SUCH AS DYSLEXIA, DYSGRAPHIA, AND DYSCALCULIA, UTILIZING RESEARCH-BASED INTERVENTION STRATEGIES AND AN ARTS-BASED LEARNING ENVIRONMENT THAT IS COLLEGE PREPARATORY IN SCOPE AND SEQUENCE.AIM DEVELOPED A CENTER FOR EDUCATIONAL EXCELLENCE AND PROFESSIONAL DEVELOPMENT TO DISSEMINATE BEST PRACTICES TO EDUCATORS BY PROVIDING ACCESS TO THE LATEST RESEARCH-BASED CURRICULUM, TECHNOLOGY, AND TRAINING.
Activities or mission (Part I)
EDUCATIONAL INSTITUTION FOR CHILDREN IN GRADES 1-12 WITH LANGUAGE BASED LEARNING DISABILITIES.
-
TUITION, FEES AND RELATED SERVICES:EDUCATION PROGRAMS AT THE AIM ACADEMY ARE INDIVIDUALIZED, EVIDENCE-BASED, AND INNOVATIVE AND ARE DESIGNED TO SPARK STUDENT CURIOSITY AND ENTHUSIASM. THE HUMANITIES, STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ART & DESIGN, AND MATHEMATICS) AND ARTS CURRICULUM DEVELOP DEEP UNDERSTANDING AND CRITICAL THINKING SKILLS NEEDED FOR COLLEGE AND CAREER SUCCESS. THERE WERE 398 STUDENTS SERVED THROUGH AIM ACADEMY DURING FY23.UNLIKE MANY SCHOOLS SPECIALIZING IN STUDENTS WITH LANGUAGE-BASED LEARNING DISABILITIES AIM ACADEMY'S STAFF INCLUDES IN-HOUSE SCHOOL PSYCHOLOGISTS, OCCUPATIONAL THERAPISTS AND SPEECH AND LANGUAGE PATHOLOGISTS TO SUPPORT STUDENTS, TEACHERS AND FAMILIES.
Expenses $13,601,735 · Grants $1,367,500 · Revenue $17,641,260
-
TUTORING:THE AIM ACADEMY'S TUTORING CENTER PROVIDES DIAGNOSTIC AND PRESCRIPTIVE INSTRUCTION THAT IS TAILORED TO MEET EACH STUDENT'S NEEDS. THE TUTORING SERVICES CATER TO CHILDREN IN GRADES 1-12 AND RANGE FROM TEACHING READING READINESS SKILLS TO PROVIDING REMEDIATION AND SUPPORT IN VARIOUS ACADEMIC AREAS. TUTORS ALSO PROVIDE ASSISTANCE WITH EXECUTIVE FUNCTIONING, STUDY SKILLS, AND ORGANIZATION OF TIME AND SCHOOLWORK SO STUDENTS CAN BE SUCCESSFUL IN ALL ACADEMIC AREAS. THERE WERE 89 STUDENTS TUTORED DURING FY23.
Expenses $124,420 · Revenue $151,437
-
TEACHER TRAINING WORKSHOPS:THE AIM INSTITUTE FOR LEARNING & RESEARCH WAS CREATED AS A CENTER FOR EDUCATIONAL EXCELLENCE AND PROFESSIONAL DEVELOPMENT DISSEMINATING TO EDUCATORS THE LATEST RESEARCH, TECHNOLOGY, AND BEST PRACTICES IN THE FIELDS OF LITERACY AND LANGUAGE-BASED LEARNING DISABILITIES INCLUDING DYSLEXIA. THERE WERE OVER 18,000 EDUCATORS PARTICIPATING IN THE AIM INSTITUE DURING FY23.
Expenses $6,396,639 · Revenue $8,833,566
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Patricia M RobertsPATRICIA M ROBERTS
CO-CEO
- Total calculated
- $347,135
- From this org
- $295,860
- From related orgs
- $0
- Other
- $51,275
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $255,860
- Bonus
- $40,000
- Other
- $0
- Deferred
- $31,974
- Nontaxable benefits
- $19,301
- Filer's total
- $347,135
-
Nancy BlairNANCY BLAIR
CO-CEO
- Total calculated
- $346,458
- From this org
- $301,866
- From related orgs
- $0
- Other
- $44,592
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $261,866
- Bonus
- $40,000
- Other
- $0
- Deferred
- $31,974
- Nontaxable benefits
- $12,618
- Filer's total
- $346,458
-
Matthew NaylorMATTHEW NAYLOR
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Al ChiaradonnaAL CHIARADONNA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Elliot HoltzELLIOT HOLTZ
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian LobleyBRIAN LOBLEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Teresa RodgersTERESA RODGERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Arthur BerkowitzARTHUR BERKOWITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
George ConnellGEORGE CONNELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer CrawfordJENNIFER CRAWFORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Donna DecarolisDONNA DECAROLIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Darryl FordDARRYL FORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
John Glomb JrJOHN GLOMB JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Liz Greco-RocksLIZ GRECO-ROCKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Patrick HoyerPATRICK HOYER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Vince LowryVINCE LOWRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
John NewJOHN NEW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Stan SilvermanSTAN SILVERMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Hans ZandhuisHANS ZANDHUIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Sidhartha GhoshSIDHARTHA GHOSH
CHIEF FINANCIAL OFFICER
- Total calculated
- $173,994
- From this org
- $157,968
- From related orgs
- $0
- Other
- $16,026
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,856
- Bonus
- $112
- Other
- $0
- Deferred
- $4,804
- Nontaxable benefits
- $11,222
- Filer's total
- $173,994
-
Erin DevaultERIN DEVAULT
DIRECTOR OF SUMMER ENRICHMENT
- Total calculated
- $135,874
- From this org
- $113,785
- From related orgs
- $0
- Other
- $22,089
- Hours/week
- 40
-
Cynthia HadickeCYNTHIA HADICKE
SENIOR DIRECTOR OF CLIENT SUCCESS & IMPLEMENTATION
- Total calculated
- $129,527
- From this org
- $116,933
- From related orgs
- $0
- Other
- $12,594
- Hours/week
- 40
-
Karen KeeseyKAREN KEESEY
DIRECTOR OF EDUCATIONAL OUTREACH
- Total calculated
- $139,224
- From this org
- $123,337
- From related orgs
- $0
- Other
- $15,887
- Hours/week
- 40
-
Jake StarJAKE STAR
SENIOR DIRECTOR OF TECHNOLOGY AND INNOVATION
- Total calculated
- $161,928
- From this org
- $137,849
- From related orgs
- $0
- Other
- $24,079
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,849
- Bonus
- $0
- Other
- $0
- Deferred
- $5,956
- Nontaxable benefits
- $18,123
- Filer's total
- $161,928
-
Kevan TurmanKEVAN TURMAN
CHIEF ADVANCEMENT OFFICER
- Total calculated
- $149,375
- From this org
- $121,101
- From related orgs
- $0
- Other
- $28,274
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- AIM ACADEMY HAS A COMPENSATION COMMITTEE WHICH REVIEWS THE FORM 990 OF SIMILAR-SIZED SCHOOLS TO DETERMINE THE REASONABLENESS OF THE CEO'S AND ASSOCIATE DIRECTOR'S COMPENSATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401279349300205
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.