Aarons Presents Inc
- Assets
- $369.3k
- Revenue
- $473.4k
- Investments
- $0.0
- Employees
- 26
- Location
- Andover, MA
- Founding
- 07/2014
- Data as of
- 06/2024
- EIN
- 46-4010444
Organization Overview
Aarons Presents Inc is located in Andover, MA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2024, Aarons Presents Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aarons Presents Inc 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 06/2024, Aarons Presents Inc generated $473.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $493.6k during the year ending 06/2024. While expenses have increased by 14.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER YOUTH TO THINK OUTSIDE OF THEMSELVES AND RECOGNIZE THE POSITIVE IMPACT THEY CAN HAVE ON OTHERS. TO SUPPORT YOUTH AS THEY DISCOVER, EMBRACE, DEVELOP AND USE THEIR TALENTS AND UNIQUE QUALITIES AND DEVELOP SOCIAL AWARENESS, LEADERSHIP AND LIFE SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGENTS AND CHANGE PROGRAM CONTINUES TO SUPPORT YOUTH DEVELOPMENT AS OUR PARTICIPANTS ENTER THEIR TEENAGE YEARS WITH MENTORSHIP AND OPPORTUNITIES IN THE CATEGORIES OF: LEADERSHIP DEVELOPMENT, EDUCATIONAL/CREATIVE DEVELOPMENT, MENTAL HEALTH, CONTRIBUTING AND HELPING OTHERS AND STAYING CONNECTED. WE SEND NEARLY 70 YOUTH TO SUMMER PROGRAMS EACH YEAR, AND FOR MANY, IT MARKS THEIR FIRST TIME AWAY FROM HOME OR EXPERIENCING THE WONDERS OF CAMPING IN NATURE. OTHER PARTNERSHIPS WITH TUTORS, COLLEGE COUNSELORS, ARTISTS AND AMERICAN REPERTOY THEATER ALSO GREATLY ENRICH AND INSPIRE OUR TEENS. WE ALSO HAVE WEEKLY MENTAL HEALTH SUPPORT GROUP AT OUR OFFICE NEAR LOWELL HIGH SCHOOL EVERY WEEK FOR ANY INTERESTED TEENAGER.
GIVERS AND VISIONARIES PROGRAM (PRIMARILY UPPER ELEMENTARY AND MIDDLE SCHOOL) OFFERS A PLATFORM FOR YOUTH TO EXECUTE THEIR OWN IDEAS BENEFITTING PEOPLE, ANIMALS AND THE ENVIRONMENT, IT IS UP TO THEM TO JOIN, AS NOTHING IN AARONS PRESENTS IS EVER REQUIRED OR FORCED. AFTER COMPLETEING AN APPLICATION, YOUTH PLAN THEIR PROJECTS WITH A MENTOR, TYPICAALY AT WEEKLY SCHOOL MEETINGS DURING RECESS, LUNCH OR AFTER SCHOOL HOURS BY TELEPHONE. MENTORS COMMUNICATE WITH PARENTS TO GET PERMISSION AND HELP COORDINATE ANY LOGISTICS NEEDED. THE YOUTH ARE THE LEADERS AND DECISION MAKERS EVERY STEP OF THE PROCESS, AND THEY EXECUTE THEIR PROJECTS IN THE LARGER COMMUNITY, WHETHER PLAYING WITH AFGHAN REFUGEE CHILDREN, VISITING THE ELDERLY, CLEANING UP PARKS, HELPING ANIMALS, DELIVERING GROCERIES TO PEOPLE IN NEED, PLANNING ACTIVITIES FOR FOSTER CHILDREN, ETC YOUTH AND MENTORS OFTEN SHARE A MEAL AFTERWARDS TO FURTHER CEMENT THEIR BOND WITH EACH OTHER AND PHOTOS ARE SHARED WITH PARENTS.
OUR NASCANT AP ALUMNI ENGAGEMENT PROGRAM SHOWS THAT BECOMING AN ADULT CONTINUES A REMARKABLE JOURNEY WITHIN OUR COMMUNITY. ONCE YOUTH HAVE WORKED WITH US, THEY FOREVER BELONG TO THE AARONS PRESENTS FAMILY. IF THEY CHOOSE TO STAY CONNECTED, WE CONTINUE TO PROVIDE A GATEWAY TO A NETWORK OF OTHE ALUMNI AND COMMUNITY MEMBERS, AS WELL AS GUIDANCE AND REFERRALS TO OTHER RESOURCES, AVENUES FOR SELF DISCOVERY, AND PATHWAYS TO BOTH PERSONAL ACHIEVEMENT AND MENINGFUL CONTRIBUTION, THE HEART OF OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leah Okimoto Executive Director | Officer | 40 | $22,593 |
C Tegner Rood Treasurer And Director | 1 | $120 | |
Chelsea Ntoro Director | Trustee | 1 | $0 |
Kristin Naylor Director | Trustee | 1 | $0 |
Toyin Oloyede Director | Trustee | 1 | $0 |
Jessica Oneil Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $460,784 |
| Noncash contributions included in lines 1a–1f | $11,135 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $466,784 |
| Total Program Service Revenue | $0 |
| Investment income | $1,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $473,421 |
| 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. | $22,713 |
| Compensation of current officers, directors, key employees. | $11,357 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,552 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $720 |
| Payroll taxes | $18,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,875 |
| Advertising and promotion | $4,844 |
| Office expenses | $5,473 |
| Information technology | $23,339 |
| Royalties | $0 |
| Occupancy | $7,200 |
| Travel | $5,215 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,375 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,956 |
| Insurance | $10,717 |
| All other expenses | $1,550 |
| Total functional expenses | $493,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $321,949 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,824 |
| Net Land, buildings, and equipment | $2,444 |
| Investments—publicly traded securities | $41,130 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $369,347 |
| Accounts payable and accrued expenses | $32,925 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $32,925 |
| Net assets without donor restrictions | $301,854 |
| Net assets with donor restrictions | $34,568 |
| 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 | $369,347 |