Academics In Motion Inc

Nonprofit profile at a glance

EIN
201890245
IRS 990 coverage
2013–2023
Forms available
Form 990 2023
Location
Manasquan, NJ, USA
Phone
9175769121
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$452,783
Expenses
$403,777
Assets
$212,571
Liabilities
$47,180

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

Highest reported compensation

  • Terry Quinn (Executive Dir.): $38,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

AIM levels the playing field by providing schools that do not have extended resources with a viable and active youth development program to assist the coaches, teachers, and administration to best prepare their students for a healthy and productive adulthood.

What it reported doing in 2023

AIM is a broad based mentoring program that uses the students natural qualities of being a part of a team (competition, leadership, hardwork, sacrifice, dedication, respect, integrity, etc) and teaches them how to transfer those qualities to the classroom and life. By connecting these natural qualities the students gain confidence and build a foundation to be successful in the classroom and in life.AIM accomplishes this through a systematic approach of our YDC (mentor), Training and Development, Program Management, Research and Evaluation, Community Coalition.The YDC uses logical tools that include a Life Skills Curriculum (Goal Setting, Getting Organized, Time Management, Study Skills, Effective Thinking, Attention Control and Memory, Stress Management, Leadership, Conflict Resolution), Community Service, one-on-one planning, study hall, SAT and Pre-SAT prep, College visits, etc.Training and Development is a key component that ensures the YDCs are staying on course and addresses the needs of the students as potentially new issues arise. This also will help maintain the integrity of the program and insure best practices are implemented.Research and Evaluation allows AIM to determine whether the program is effective and hitting the target numbers. This component also allows management to determine where and if we need to tweak the program to insure success.Community Coalition enables the different folks within the community to organize around a common interest and have a positive effect. Achievements: Increased GPAIncreased classroom attendanceIncreased participation in PSAT/SATIncreased on to college rateIncreased graduation rateIncreased Community Service Hours completedCompleted on average 8 Life Skill Components

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 43
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.1%; rating input score 72
  • Program expense ratio: 80.9%; rating input score 81
  • Fundraising efficiency: $26.09 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 10.8%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 9.5%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: -9.6% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -8.9% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -0.5% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 72.1% of revenue deployed · 80.9% of spending went to programs
  • Governance: 4 of 4 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $327K in reported program spending
  • Leadership: top reported pay $38K · 5 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 11 filing years from 2013 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.