Aim High for High School FY2023 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 1986EducationEIN 94-3296338Revenue $6.7M in FY2023

On file with the IRSaimhigh.org601 Van Ness Ave Suite F G, 94102-3200 · San Francisco, CATax-exempt since Jun 1998Publicly supported charity — 170(b)(1)(A)(vi)

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To provide educational services through the operation of Aim High for High School (Aim High).

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$1.4M 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 6
filings with a surplus
Average surplus $2.1M a year · 24% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$850K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.7M
+62% vs prior year
Spent
$8.0M
To programs
72%
Net assets
$20.5M
By yearFY2019–FY2024
Revenue
$6.7M
FY2023▲ +62%
Tap a bar for its year
Revenue by fiscal year
FY2019$12.3M
FY2020$6.3M
FY2021$8.5M
FY2022$11.5M
FY2022$4.1M
FY2023$6.7M
FY2024$6.2M
Expenses
$8.0M
FY2023▲ +446%
Tap a bar for its year
Expenses by fiscal year
FY2019$6.6M
FY2020$4.2M
FY2021$5.7M
FY2022$7.8M
FY2022$1.5M
FY2023$8.0M
FY2024$6.5M
Net assets
$20.5M
FY2023▲ +0.6%
Tap a bar for its year
Net assets by fiscal year
FY2019$9.6M
FY2020$12.3M
FY2021$16.6M
FY2022$18.0M
FY2022$20.4M
FY2023$20.5M
FY2024$20.8M

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

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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 1998.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $5.8M Management & general 12% · $932K Fundraising 17% · $1.3M

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

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Who runs it and what they're paid

28 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
$310,309Pt VII · Sec A
VP of Program Operations
$220,993Pt VII · Sec A
Vice President of Philanthropy and Marketing
$182,826Pt VII · Sec A
SR Director of Finance & O
$164,448Pt VII · Sec A
VP of Learning and Strategy
$161,592Pt VII · Sec A
Director of IT
$147,262Pt VII · Sec A
$130,096Pt VII · Sec A
Director of Development Operations
$124,215Pt VII · Sec A

Julia Chih’s $300K as Former CEO is at the 95th 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2022FY2021FY2020
Julia Chih$300,000$310,309$283,086———
Matthew Reno$109,854$220,993$178,406$166,950——
Sandra Becker$203,950—————
Alexander Lee——$114,327$187,629——
Johnathan Thorton—$182,826————
Alec Lee to Jan 2022————$178,766—
Alec Lee—————$170,418
Alec L Lee JR——————

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers educational services through its high school program.

Questions for Aim High for High School

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Provided by the organization

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2 programs · $5.8M · in their own filed words · FY2023
01

Summer Program

The no-cost program is a five-week academic and summer enrichment program for middle school students. We cultivate spaces that are inclusive, empowering students to be resilient, and inspire curiosity and emotional well-being. Students engage in an innovative mix of stem, humanities and issues and choices.

$5.1Mprogram expense
02

Aspiring teacher program provides professional development for educators emphasizing culturally responsive pedagogy and restorative practices grounded in social justice. Teacher development skills in project-based learning lessons, creating a safe and engaging learning environment, serving the needs of multilingual students, and…

$678Kprogram expense

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 · FY2025
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.7M
Ln 12
Gifts and grantsLn 1h$6.1M
Investment incomeLn 3$543K
Other incomeLn 4–11$31K
Money outPt IX
$8.0M
Ln 25
Programscol B$5.8M
Managementcol C$932K
Fundraisingcol D$1.3M
Owns and owesPt X
$20.5M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$21.3M
LiabilitiesLn 26$850K
PeoplePt VI, VII
28
listed · VII A
PaidVII A8
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.1M
Government grantsLn 1e$1.5M
Noncash giftsLn 1g$131K
Investment incomeLn 3$543K
Other incomeLn 4–11$31K
Total revenueLn 12$6.7M
Assets in detailPt X, end of year
CashLn 1$3.0M
SavingsLn 2$460K
Cash and savings togetherLn 1–2$3.5M
InvestmentsLn 11–13$16.2M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$277K
Total assetsLn 16$21.3M
LiabilitiesLn 26$850K
Net assetsLn 32$20.5M
OperationsPt I, VI
EmployeesI 5351
VolunteersI 655
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$4.6M$3.5M
InvestmentsLn 11–13$12.8M$16.2M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$20.7M$21.3M
LiabilitiesLn 26$320K$850K
Net assetsLn 32$20.4M$20.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$643K$322K$322K
Other salaries and wagesLn 7$4.5M$3.4M$72K$1.0M
Pension plan contributionsLn 8$105K$79K$25K
Other employee benefitsLn 9$172K$128K$9K$36K
Payroll taxesLn 10$389K$284K$29K$76K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$172K$172K
Other fees for servicesLn 11g$574K$285K$192K$98K
Office expensesLn 13$66K$29K$32K$4K
Information technologyLn 14$84K$37K$25K$22K
OccupancyLn 16$328K$261K$26K$41K
TravelLn 17$103K$91K$7K$5K
InsuranceLn 23$61K$48K$5K$8K
Other expenses (24a–d)Ln 24$800K$762K$34K$4K
Total functional expensesLn 25$8.0M$5.8M$932K$1.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6.2M$6.5M−$291K$20.8M 990 PDF
FY2023 Viewing $6.7M$8.0M−$1.4M$20.5M 990 PDF
FY2022 $11.5M$7.8M$3.7M$18.0M 990 PDF
FY2021 $8.5M$5.7M$2.9M$16.6M 990 PDF
FY2020 $6.3M$4.2M$2.1M$12.3M 990 PDF
FY2019 $12.3M$6.6M$5.6M$9.6M 990 PDF

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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 $6,658,898 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,943,144$6,085,470
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $173,177$542,900
I-11 Other revenuePrior year $2,000$30,528
I-12 Total revenuePrior year $4,118,321$6,658,898
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,073,790$5,828,234
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $395,732$2,194,737
I-18 Total expensesPrior year $1,469,522$8,022,971
I-19 Revenue less expensesPrior year $2,648,799−$1,364,073
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,658,898 across 8 lines filed
VIII-1e Government grants$1,541,365
VIII-1f All other contributions, gifts and grants$4,544,105
VIII-1g Noncash contributions (included above)$131,423
VIII-1h Total contributions, gifts and grants$6,085,470
VIII-3 Investment incomeExcluded from tax $542,900$542,900
VIII-6 Net rental income or lossExcluded from tax $6,000$6,000
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $24,528$24,528
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $573,428$6,658,898
Part IX · Statement of functional expenses $8,022,971 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $321,639 · Management $321,638$643,277
IX-7 Other salaries and wagesPrograms $3,439,037 · Management $72,438 · Fundraising $1,007,613$4,519,088
IX-8 Pension plan contributionsPrograms $79,346 · Fundraising $25,396$104,742
IX-9 Other employee benefitsPrograms $127,738 · Management $9,158 · Fundraising $35,548$172,444
IX-10 Payroll taxesPrograms $283,516 · Management $28,813 · Fundraising $76,354$388,683
IX-11b Legal feesManagement $7,326$7,326
IX-11c Accounting feesManagement $171,587$171,587
IX-11g Other fees for servicesPrograms $284,751 · Management $191,500 · Fundraising $97,777$574,028
IX-13 Office expensesPrograms $29,366 · Management $32,155 · Fundraising $4,280$65,801
IX-14 Information technologyPrograms $36,683 · Management $25,437 · Fundraising $21,988$84,108
IX-16 OccupancyPrograms $260,810 · Management $25,605 · Fundraising $41,432$327,847
IX-17 TravelPrograms $91,293 · Management $6,794 · Fundraising $4,619$102,706
IX-23 InsurancePrograms $47,741 · Management $5,197 · Fundraising $8,410$61,348
IX-24 Other expenses (24a–d)Programs $761,866 · Management $33,902 · Fundraising $4,218$799,986
IX-25 Total functional expensesPrograms $5,763,786 · Management $931,550 · Fundraising $1,327,635$8,022,971
Part X · Balance sheet $21,334,390 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $3,986,073$3,018,601
X-2 Savings and temporary cash investmentsStart of year $575,689$459,536
X-3 Pledges and grants receivableStart of year $3,256,823$1,305,156
X-9 Prepaid expenses and deferred chargesStart of year $53,278$116,382
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $12,814,556$16,157,893
X-15 Other assetsStart of year $0$276,822
X-16 Total assetsStart of year $20,686,419$21,334,390
X-17 Accounts payable and accrued expensesStart of year $319,796$572,983
X-25 Other liabilitiesStart of year $0$276,995
X-26 Total liabilitiesStart of year $319,796$849,978
X-27 Net assets without donor restrictionsStart of year $11,479,335$12,303,575
X-28 Net assets with donor restrictionsStart of year $8,887,288$8,180,837
X-32 Total net assets or fund balancesStart of year $20,366,623$20,484,412
X-33 Total liabilities and net assetsStart of year $20,686,419$21,334,390
Part XI · Reconciliation of net assets $20,484,412 net assets at year end
XI-1 Total revenue$6,658,898
XI-2 Total expenses$8,022,971
XI-3 Revenue less expenses−$1,364,073
XI-4 Net assets at start of year$20,366,623
XI-5 Net unrealized gains (losses) on investments$1,481,862
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,484,412

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

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