Aim

Aim shows recent revenue growth but experienced a slight operating deficit in 2023 with declining assets.

EIN: 20478451 · North Conway, NH · Updated: 2026-03-28

$219KRevenue
$11KAssets
85/100Mission Score (Excellent)
Aim Financial Summary
MetricValue
Total Revenue$219K
Total Expenses$198K
Program Spending80%
Net Assets$10K
Transparency Score85/100

Is Aim Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Aim directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Aim

Aim (EIN: 20478451) is a nonprofit organization based in North Conway, NH. The organization reported total revenue of $219K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aim's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

31Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Aim is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$186K
Total Expenses$198K
Surplus / Deficit$-12,026
Total Assets$10K
Net Assets$10K
Operating Margin-6.5%
Months of Reserves0.6 months

Financial Health Grade: C

In 2023, Aim reported a deficit of $12K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited).

Financial Trends

Over 13 years of filings (2011–2023), Aim's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+55.9%+66.8%-55.0%
2022+177.8%+248.8%+2.6%
2021+142.2%+209.4%+72.0%
2020-20.2%-53.6%+119.1%
2019+149.3%+188.5%-64.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1995

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Aim demonstrates a generally stable financial position, with recent revenue growth. In 2023, the organization reported revenues of $186,281 against expenses of $198,307, indicating a slight operating deficit for the year. However, this follows a period of significant revenue increase from $43,007 in 2021 to $119,466 in 2022 and then to $186,281 in 2023. The organization consistently reports zero liabilities across all available filings, which is a strong indicator of financial stability and responsible debt management. Assets have fluctuated, with a notable decrease from $21,849 in 2022 to $9,823 in 2023, which warrants further investigation to understand the underlying reasons. Spending efficiency appears to be reasonable, especially given the absence of officer compensation, suggesting that resources are directed towards operational activities rather than executive salaries. The consistent reporting of zero officer compensation across all filings is a significant positive for transparency and efficiency. While a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the overall expense levels are in line with revenue, indicating that the organization is spending what it brings in. The slight deficit in 2023 is not alarming given the overall growth trend. Transparency is high regarding executive compensation, as no officer compensation has been reported in any of the 13 filings. The consistent filing of IRS Form 990s over a long period (13 filings) also demonstrates a commitment to public accountability. However, without a detailed functional expense breakdown, it's challenging to fully assess the efficiency of program delivery versus administrative overhead. The organization's ability to operate without incurring liabilities is a strong positive for its financial health.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Aim with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Aim allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$186KTotal Revenue
$198KTotal Expenses
$10KTotal Assets
$10KNet Assets
  • The organization reported a deficit of $12K, with expenses exceeding revenue.

Executive Compensation Analysis

Aim consistently reports 0% officer compensation across all 13 filings, indicating that no executive salaries are paid, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational structure.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Aim's IRS 990 filings:

  • Significant decrease in assets from $21,849 in 2022 to $9,823 in 2023 without clear explanation.
  • Operating deficit in 2023 ($186,281 revenue vs. $198,307 expenses).

Strengths

The following positive indicators were identified for Aim:

  • Consistent revenue growth over the past three years (2021-2023).
  • Zero reported liabilities across all 13 filings, indicating strong financial stability.
  • No officer compensation reported in any filing, suggesting efficient use of funds for mission-related activities.
  • Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.

Frequently Asked Questions about Aim

Is Aim a legitimate charity?

Aim (EIN: 20478451) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $219K. 2 red flags identified. 4 strengths noted. Financial health grade: C.

How does Aim spend its money?

Aim directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Aim tax-deductible?

Aim is registered as a tax-exempt nonprofit (EIN: 20478451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Aim's spending goes to programs?

Aim directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Aim located?

Aim is headquartered in North Conway, New Hampshire and files with the IRS under EIN 20478451.

How many years of IRS 990 filings does Aim have?

Aim has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $219K in total revenue.

Why did Aim's assets decrease from $21,849 in 2022 to $9,823 in 2023?

The provided data does not specify the reason for the asset decrease; further investigation into the organization's financial statements would be needed to understand if it was due to asset utilization, depreciation, or other factors.

How does Aim manage to operate without any reported officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that executive functions are performed by staff whose compensation is categorized differently, such as program or administrative staff, rather than as 'officer compensation'.

What is the primary driver of Aim's recent revenue growth from $43,007 in 2021 to $186,281 in 2023?

The provided IRS 990 summary data does not detail the sources of revenue; a deeper dive into the organization's full 990 forms would be necessary to identify the specific revenue streams contributing to this growth.

Filing History

IRS 990 filing history for Aim showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Aim's revenue has grown by 254.9%, moving from $52K to $186K. Total assets increased by 63% over the same period, from $6K to $10K. Total functional expenses rose by 250.1%, from $57K to $198K. In its most recent filing year (2023), Aim reported a deficit of $12K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $186K $198K $10K $0 View 990
2022 $119K $119K $22K $0 View 990
2021 $43K $34K $21K $0
2020 $18K $11K $12K $0
2019 $22K $24K $6K $0 View 990
2018 $9K $8K $16K $0 View 990
2017 $27K $41K $15K $0 View 990
2016 $34K $41K $30K $0 View 990
2015 $53K $55K $37K $0 View 990
2014 $74K $62K $39K $0 View 990
2013 $52K $37K $27K $61 View 990
2012 $64K $57K $12K $0 View 990
2011 $52K $57K $6K $1K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $186K, expenses of $198K, and assets of $10K (revenue +55.9% year-over-year).
  • 2022: Revenue of $119K, expenses of $119K, and assets of $22K (revenue +177.8% year-over-year).
  • 2021: Revenue of $43K, expenses of $34K, and assets of $21K (revenue +142.2% year-over-year).
  • 2020: Revenue of $18K, expenses of $11K, and assets of $12K (revenue -20.2% year-over-year).
  • 2019: Revenue of $22K, expenses of $24K, and assets of $6K (revenue +149.3% year-over-year).
  • 2018: Revenue of $9K, expenses of $8K, and assets of $16K (revenue -66.9% year-over-year).
  • 2017: Revenue of $27K, expenses of $41K, and assets of $15K (revenue -20.5% year-over-year).
  • 2016: Revenue of $34K, expenses of $41K, and assets of $30K (revenue -36.3% year-over-year).
  • 2015: Revenue of $53K, expenses of $55K, and assets of $37K (revenue -28.3% year-over-year).
  • 2014: Revenue of $74K, expenses of $62K, and assets of $39K (revenue +41.8% year-over-year).
  • 2013: Revenue of $52K, expenses of $37K, and assets of $27K (revenue -18.5% year-over-year).
  • 2012: Revenue of $64K, expenses of $57K, and assets of $12K (revenue +22.5% year-over-year).
  • 2011: Revenue of $52K, expenses of $57K, and assets of $6K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Aim:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Aim is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in New Hampshire

Explore more nonprofits based in New Hampshire with AI-powered transparency reports.

View all New Hampshire nonprofits →

Explore Related Nonprofits

Browse by State