Aarons Presents INC EIN 46-4010444 Form 990 (PDF) Claim this org

Aarons Presents INC

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Empowers young children to plan and execute community benefit projects with materials and mentoring. For fiscal year 2025 it reported $623K in revenue, $592K in expenses, and $367K in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Andover, MA
Website
www.aaronspresents.org
Filings
5 on file (2021–2025)
Revenue
$623KFY2025
Expenses
$592K
Net assets
$367K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-4010444 Public charity (501(c)(3)) Andover, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers young children to plan and execute community benefit projects with materials and mentoring.
Leadership
Leah Okimoto · Executive Director · $30K
Money in and out
$623K revenue, $592K expenses
Bottom line
49% program efficiency
Where the money goes · FY2025
Total revenue
$623K
Pt VIII · Ln 12
Total expenses
$592K
Pt IX · Ln 25
Net assets
$367K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $31K
Where spending went · Part IX cols B–D
Program services $0.49 Management & general $0.21 Fundraising $0.30
Program efficiency
49%
of spending reaches programs▼ -36% vs prior filing year
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate▼ -36% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▲ +218% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$623K
FY2025▲ +32%
Expenses
$592K
FY2025▲ +20%
Total assets
$390K
FY2025▲ +6%
Total liabilities
$23K
FY2025▼ -30%
Total revenue
$623K
Pt VIII · Ln 12
Total expenses
$592K
Pt IX · Ln 25
Net assets
$367K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$31K
Total assetsPt X · Ln 16$390K
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAarons Presents INC
EINHdr · item D46-4010444
Principal addressHdr · item CAndover, MA
WebsiteHdr · item Jwww.aaronspresents.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$29,615Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director and Chair
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Leah Okimoto$29,615$22,593
C Tegner Rood$13,305$15,630$9,815
Leah Okimoto$15,577$15,000$10,000
C Tegner Rood$120

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $209K of program spending, described in the organization's own filed words · FY2024.
01

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.

$106Kprogram expense
02

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.

$98Kprogram expense
03

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.

$6Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$581K · 93%
Program service revenue$38K · 6%
Contributions & grants93%$581K
Program service revenue6%$38K
Investment income$2K
Other revenue$3K
Total revenueLn 12$623K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.21 Fundraising $0.30
Program services49%$288K
Management & general21%$124K
Fundraising30%$180K
Total functional expensesLn 25$592K

Balance Sheet

Part X · end of year
CashLn 1$228K
Total assetsLn 16$390K
Total liabilitiesLn 26$23K
Total net assetsLn 32$367K
Months of cash on handcomputed4.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $280K · Operating expenses (Pt IX) $592K · Less non-cash grants $9K · Cash operating expenses/yr $582K
5.8 months
Where the money goes
Program services
Program services $288K · Total expenses $592K
49%
Management & General
Management & general $124K · Total expenses $592K
21%
Fundraising
Fundraising $180K · Total expenses $592K
30%
Cost to raise $1
Fundraising expense (3-yr avg) $83K · Solicited contributions (3-yr avg) $498K
$0.17 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $581K · Total revenue $623K
93%
Government reliance
Government grants — · Total revenue $623K
Earned-income share
Program service revenue $38K · Total revenue $623K
6%
Investment reliance
Investment income $2K · Total revenue $623K
+0.3%
Program self-sufficiency
Program service revenue $38K · Total expenses $592K
6%
Growth & trend
Revenue growth (YoY)
This year $623K · Prior year $473K
+32%
Revenue CAGR
FY2020 $380K · FY2024 $623K
+13%
Net-asset trend (YoY)
End of year $367K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $623K · Expenses $592K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $390K
Net-asset ratio
Net assets $367K · Total assets $390K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $52K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $390K
13%
People & payroll
Highest Reported Total Compensation
Individual Leah Okimoto · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $30K · Total expenses $592K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $270K · Total expenses $592K
46%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 49%
Overhead ratio 21%
Fundraising cost ratio 31%
Revenue growth 32%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$18K
Grants paid · 6 grants · $133K · 2020–2024
Unitemized GrantFY2024$28,542
Unitemized GrantFY2022$12,423
Unitemized GrantFY2021$26,045
Unitemized GrantFY2021$8,429
Unitemized GrantFY2020$33,614
Unitemized GrantFY2020$23,814

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$623K revenue · viewing · ⤓ 990 PDF
FY2024$473K revenue · ⤓ 990 PDF
FY2023$452K revenue · ⤓ 990 PDF
FY2022$281K revenue · ⤓ 990 PDF
FY2021$380K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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