Aileron Corp
Nonprofit profile at a glance
- EIN
- 475138693
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-N 2015
- Location
- Tipp City, OH, USA
- Phone
- 9376696500
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Graduate, Professional Schools (Separate Entities)
Reported finances
- Revenue
- $8,112,045
- Expenses
- $7,424,254
- Assets
- $7,047,710
- Liabilities
- $1,013,111
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Joni Fedders (President)
- Charles Huggins Jr (Vice President)
Highest reported compensation
- Joni Fedders (President): $423,171 total reported compensation
- Charles Huggins Jr (Vice President): $292,510 total reported compensation
- Lindsey Bahr (Secretary, Treasurer): $205,889 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Aileron's mission is to develop conscious leaders of private companies to practice and evolve professional management -- a proven approach to running a thriving business. We execute our mission by guiding business owners to build an organization-wide system that creates sustainable change and drives lasting results through professional management workshops, one-on-one coaching, and community events for business owners and their teams.
What it reported doing in 2024
Facilitated Sessions empower business owners to work with an Aileron Business Coach in a one-on-one environment or with other members of their team to work on the most important parts of their business. Common topics include: learning and implementing professional management concepts; designing or executing strategic plans; and leveraging Aileron's proven collection of tools and resources curated specifically for private businesses.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 76
- Accountability: 68
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.6%; rating input score 66
- Program expense ratio: 69.9%; rating input score 70
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 60%; rating input score 60; 9th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.5%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.95; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 23.1%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 17% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 10.6% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: 65.6% of revenue deployed · 69.9% of spending went to programs
- Governance: 3 of 5 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $5.2M in reported program spending
- Leadership: top reported pay $423K · 13 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $905K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 24 filed related-organization links
- 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: 2 of 9 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Sustainability: Officer compensation ratio scored 9/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.