Aie INC FY2023 filing

Tax-deductible

Louisville, KY501(c)(3)EducationEIN 81-4505964Revenue $3.9M in FY2023

On file with the IRS3101 Bluebird Ln, 40299-3803 · Louisville, KYTax-exempt since Jun 2017School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

The mission of the corporation is to glorify god through the collaborative training and nurturing of students with their parents in their spiritual, academic, social and physical development.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$156K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $141K a year · 4% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$156K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $222K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$46K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 10 voting members
Looks good: 6 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.9M
+15% vs prior year
Spent
$3.7M
To programs
88%
Net assets
$3.7M
By yearFY2020–FY2024
Revenue
$3.9M
FY2023▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.9M
FY2021$3.1M
FY2022$3.4M
FY2023$3.9M
FY2024$3.6M
Expenses
$3.7M
FY2023▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.5M
FY2021$2.9M
FY2022$3.2M
FY2023$3.7M
FY2024$3.9M
Net assets
$3.7M
FY2023▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.0M
FY2021$3.4M
FY2022$3.6M
FY2023$3.7M
FY2024$3.5M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $3.3M Management & general 10% · $374K Fundraising 2% · $75K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

10 people listed on the 990; $156K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$68,306Pt VII · Sec A
Vice President
$40,973Pt VII · Sec A
$37,347Pt VII · Sec A
$9,431Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

John T Savage’s $69K as President is at the 13th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2021FY2020
John T Savage$69,203$68,306$78,475$78,419
Julie Dye$40,264$40,973$47,652$46,011
Rick Sexton——$37,593$36,422
Albert Rick Sexton$23,991$37,347——
Brandon Savage——$10,639$7,992
James Brandon Savage$10,285$9,431——

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.

See Aie INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Nurtures students and parents in spiritual, academic, social, and physical growth.

Questions for Aie INC

Tap to ask. Aie INC sees how many people are interested.

Your first name shows with your question. Aie INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $3.3M · in their own filed words · FY2023
01

Provide an environment for students which reflects christian principles as well as encouragement, support and respect to students in their attempts to reflect the same.

$3.3Mprogram expense
02

Help students to enter adulthood in the healthiest way possible, prepared to make appropriate decisions in regard to post graduate studies, career choices and social interaction.

Pt IX · col B
03

Provide an academic education suited to allow students to achieve their individual best.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.9M
Ln 12
Fees for servicesLn 2g$2.5M
Gifts and grantsLn 1h$1.3M
Other incomeLn 4–11$40K
Money outPt IX
$3.7M
Ln 25
Programscol B$3.3M
Managementcol C$374K
Fundraisingcol D$75K
Owns and owesPt X
$3.7M
net assets · Ln 32
Cash and savingsLn 1–2$608K
Total assetsLn 16$3.8M
LiabilitiesLn 26$46K
PeoplePt VI, VII
10
listed · VII A
PaidVII A4
Voting boardVI 1a10
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$131K
Fees for servicesLn 2g$2.5M
Investment incomeLn 3$40K
Other incomeLn 4–11$40K
Gains on assetsLn 7$0
Total revenueLn 12$3.9M
Assets in detailPt X, end of year
CashLn 1$498K
SavingsLn 2$110K
Cash and savings togetherLn 1–2$608K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.0M
Other assetsLn 15$11K
Total assetsLn 16$3.8M
LiabilitiesLn 26$46K
Net assetsLn 32$3.7M
OperationsPt I, VI
EmployeesI 571
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$537K$608K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.0M$3.0M
Total assetsLn 16$3.6M$3.8M
LiabilitiesLn 26$28K$46K
Net assetsLn 32$3.6M$3.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$156K$137K$16K$3K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.7M$1.5M$173K$35K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$160K$140K$16K$3K
Payroll taxesLn 10$134K$118K$13K$3K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$8K$7K$837$167
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$28K$25K$3K$562
Office expensesLn 13$28K$24K$3K$555
Information technologyLn 14$22K$20K$2K$448
RoyaltiesLn 15$0
OccupancyLn 16$353K$310K$35K$7K
TravelLn 17$129K$113K$13K$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$156K$138K$16K$3K
InsuranceLn 23$78K$68K$8K$2K
Other expenses (24a–d)Ln 24$486K$428K$49K$10K
All other expensesLn 24e$278K$245K$28K$6K
Total functional expensesLn 25$3.7M$3.3M$374K$75K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.6M$3.9M−$241K$3.5M 990 PDF
FY2023 Viewing $3.9M$3.7M$111K$3.7M 990 PDF
FY2022 $3.4M$3.2M$191K$3.6M 990 PDF
FY2021 $3.1M$2.9M$238K$3.4M 990 PDF
FY2020 $2.9M$2.5M$408K$3.0M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $3,855,612 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $647,537$1,308,522
I-9 Program service revenuePrior year $2,458,835$2,467,365
I-10 Investment incomePrior year $69$39,725
I-11 Other revenuePrior year $244,341$40,000
I-12 Total revenuePrior year $3,350,782$3,855,612
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,005,162$2,177,824
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,154,479$1,567,023
I-18 Total expensesPrior year $3,159,641$3,744,847
I-19 Revenue less expensesPrior year $191,141$110,765
Part VI · Governance 6 of 10 board members independent, 5 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $3,855,612 across 10 lines filed
VIII-1e Government grants$130,659
VIII-1f All other contributions, gifts and grants$1,177,863
VIII-1h Total contributions, gifts and grants$1,308,522
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,467,365$2,467,365
VIII-3 Investment incomeRelated to mission $39,725$39,725
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$40,000
VIII-12 Total revenueRelated to mission $2,507,090$3,855,612
Part IX · Statement of functional expenses $3,744,847 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $137,329 · Management $15,607 · Fundraising $3,121$156,057
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,520,948 · Management $172,835 · Fundraising $34,567$1,728,350
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $140,476 · Management $15,963 · Fundraising $3,193$159,632
IX-10 Payroll taxesPrograms $117,731 · Management $13,378 · Fundraising $2,676$133,785
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $7,364 · Management $837 · Fundraising $167$8,368
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $24,720 · Management $2,809 · Fundraising $562$28,091
IX-13 Office expensesPrograms $24,419 · Management $2,775 · Fundraising $555$27,749
IX-14 Information technologyPrograms $19,711 · Management $2,240 · Fundraising $448$22,399
IX-15 Royalties$0
IX-16 OccupancyPrograms $310,489 · Management $35,283 · Fundraising $7,056$352,828
IX-17 TravelPrograms $113,383 · Management $12,884 · Fundraising $2,577$128,844
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $137,621 · Management $15,638 · Fundraising $3,128$156,387
IX-23 InsurancePrograms $68,373 · Management $7,770 · Fundraising $1,554$77,697
IX-24 Other expenses (24a–d)Programs $428,055 · Management $48,642 · Fundraising $9,729$486,426
IX-24e All other expensesPrograms $244,847 · Management $27,826 · Fundraising $5,561$278,234
IX-25 Total functional expensesPrograms $3,295,466 · Management $374,487 · Fundraising $74,894$3,744,847
Part X · Balance sheet $3,778,694 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $430,960$497,899
X-2 Savings and temporary cash investmentsStart of year $106,453$110,393
X-3 Pledges and grants receivable$95,000
X-4 Accounts receivableStart of year $148,269$91,531
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $2,959,101$2,972,720
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $4,679$11,151
X-16 Total assetsStart of year $3,649,462$3,778,694
X-17 Accounts payable and accrued expensesStart of year $27,919$18,187
X-25 Other liabilities$28,199
X-26 Total liabilitiesStart of year $27,919$46,386
X-27 Net assets without donor restrictionsStart of year $3,621,543$3,732,308
X-32 Total net assets or fund balancesStart of year $3,621,543$3,732,308
X-33 Total liabilities and net assetsStart of year $3,649,462$3,778,694
Part XI · Reconciliation of net assets $3,732,308 net assets at year end
XI-1 Total revenue$3,855,612
XI-2 Total expenses$3,744,847
XI-3 Revenue less expenses$110,765
XI-4 Net assets at start of year$3,621,543
XI-10 Net assets at end of year$3,732,308

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.