American Innovation and Modernization Co

Nonprofit profile at a glance

EIN
834373877
IRS 990-EZ coverage
2019–2021
Forms available
Form 990-EZ 2021
Location
Washington, DC, USA
Phone
2023908630
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$55,471
Expenses
$43,659
Assets
$24,101
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • TUSHAR GARG (PRESIDENT)

People named in this filing

  • TUSHAR GARG (PRESIDENT)
  • JOHN LEVER (SECRETARY/TREASURER)
  • KELLY MORRISON (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The aim council is a not for profit 501(c)(6) founded in 2019, drawing on over a decade of experience from the former cpic forum & conference. It is the aim council's goal to integrate governance by incorporating unified approaches to leadership, advocacy, and education.

What it reported doing in 2021

Seminars and programs held throughout the year to develop ties between industry and government leaders in the fields of management consulting, financial services, and information technology. The organization hosted a launch party which introduced the re-branded council to the industry and two round table events to discuss federal it modernization and cybersecurity governance. The organization also participated in the federal it governance summit, which is a two-day event held in Washington d.c. Hosted by federal cpic forum that allows the capital planning and investment control (cpic) community to come together, share ideas, and learn from one another.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 54
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 21.3%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -73.1% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -60.7% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 86.2% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $44K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2019 to 2021
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.