Aim Academy Of Science And Technology
- Assets
- $77.8k
- Revenue
- $86.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, MN
- Founding
- Data as of
- 06/2021
- EIN
- 83-3220484
Organization Overview
Aim Academy Of Science And Technology is located in Roseville, MN. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aim Academy Of Science And Technology is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AST PROVIDES YOUTH A SUCCESSFUL PATH TO COLLEGE AND STEM CAREERS THROUGH CULTURALLY RESPONSIVE MENTORSHIP, INTEGRATED STEM EDUCATION, AND CURRICULAR CONNECTIONS WITH TECHNOLOGY-BASED BUSINESSES AND INDUSTRIES. AAST WILL BE A VIBRANT ASSET TO ITS STUDENTS AND THE COMMUNITY BY CREATING ENGAGING LEARNING OPPORTUNITIES THAT EMPOWER STUDENTS TO DISCOVER, CREATE AND APPLY KNOWLEDGE TO REAL NEEDS RESULTING IN LIFE-LONG LEARNERS, GLOBAL CITIZENS, AND WORLD LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION PROGRAMS AND SERVICES TO STUDENTS IN GRADES 6 THROUGH 12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonas Beugenn Member | Trustee | 0.25 | $0 |
Nimo Abdi Member | Trustee | 0.25 | $0 |
Mohamed Hassan Member | Trustee | 0.25 | $0 |
Abdirizak Warfa Board Chair | Trustee | 0.25 | $0 |
Alikhadar Yusuf Member | Trustee | 0.25 | $0 |
Abdirashid Abdi Director | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,271 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,269 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,540 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $86,543 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,816 |
| Pension plan accruals and contributions | $1,837 |
| Other employee benefits | $0 |
| Payroll taxes | $1,745 |
| Fees for services: Management | $6,199 |
| Fees for services: Legal | $4,235 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,198 |
| Advertising and promotion | $16,243 |
| Office expenses | $5,784 |
| Information technology | $3,564 |
| Royalties | $0 |
| Occupancy | $2,610 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $89 |
| All other expenses | $15,723 |
| Total functional expenses | $86,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,543 |
| Pledges and grants receivable | $53,271 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $77,814 |
| Accounts payable and accrued expenses | $61,035 |
| Grants payable | $0 |
| Deferred revenue | $16,779 |
| 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 | $77,814 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $77,814 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Aim Academy Of Science And Technology has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE PURPOSES | $50,000 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE PURPOSES | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Step Academy St Paul, MN | $8,986,630 | $9,992,198 |
Twin Cities Academy St Paul, MN | $7,515,955 | $9,744,696 |
Yinghua Academy Minneapolis, MN | $6,639,142 | $9,261,257 |
Cologne Academy Cologne, MN | $7,640,801 | $9,847,133 |
Metro Schools Minneapolis, MN | $7,103,585 | $9,890,924 |
Hennepin Elementary School Minneapolis, MN | $6,409,585 | $7,588,845 |
Academia Cesar Chavez St Paul, MN | $7,932,339 | $8,788,792 |
Northeast College Prep Minneapolis, MN | $12,924,003 | $7,653,254 |
Kaleidoscope Charter School Otsego, MN | $5,975,581 | $8,247,593 |
Aspen Academy Savage, MN | $3,938,635 | $7,812,617 |
Milwaukee Scholars Charter School Inc Milwaukee, WI | $270,318 | $7,672,956 |
Minnesota Math And Science Academy St Paul, MN | $5,552,242 | $8,970,460 |