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Nonprofit · EIN 20-1890245

ACADEMICS IN MOTION INC

Tax-exempt · MANASQUAN, NJ 08736

Financials

$465K$405K2022$453K$404K2023
Revenue Expenses · by fiscal year end
Financials of ACADEMICS IN MOTION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$452,783$403,777$49,006$212,571$47,180$165,391
September 30, 2023990$465,462$405,430$60,032$172,386$56,001$116,385
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$452,783
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$38,500
Other salaries and wages
$260,195
Salaries, compensation and benefits (total)
$344,651
Professional fundraising fees
$0
Travel
$1,238
Program services (functional)
$326,555
Management and general (functional)
$59,866
Fundraising (functional)
$17,356

Balance sheet and other

Total assets, start of year
$172,386
Total assets, end of year
$212,571
Total liabilities, end of year
$47,180
Net assets, end of year
$165,391
Net assets without donor restrictions
$165,391
Gross receipts
$452,783
Employees
30
Volunteers
4
Year formed
2008
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
Terry QuinnExecutive Dir.
Officer
40$38,500
Jim PresbreyTreasurer
Trustee or director, Officer
40$0
Ric WrightBoard Member
Trustee or director
5$0
Joe RossBoard Member
Trustee or director
5$0
Chris AdamsBoard Member
Trustee or director
5$0
990 for the year ended September 30, 2023: 5 people
NameTitleHours / weekCompensation
Terry QuinnExecutive Dir.
Trustee or director, Officer
40$0
Jim PresbreyTreasurer
Officer
5$0
Ric WrightBoard Member
Officer
5$0
Joe RossBoard Member
Officer
5$0
Chris AdamsBoard Member
Officer
5$0

Address and contacts

Address (IRS master file)
37 CURTIS AVE, MANASQUAN, NJ 08736-3501
In care of
% TERENCE QUINN
Signed the 990
Terry Quinn, Executive Director
Phone
(917) 576-9121
Return prepared by
Morse & Company CPAs LLP

Mission

AIM levels the playing field by providing schools that do not have extended resources with a viable and active youth development program to assist the coaches, teachers, and administration to best prepare their students for a healthy and productive adulthood.

990 for the year ended September 30, 2024

Program accomplishments

  • AIM is a broad based mentoring program that uses the students natural qualities of being a part of a team (competition, leadership, hardwork, sacrifice, dedication, respect, integrity, etc) and teaches them how to transfer those qualities to the classroom and life. By connecting these natural qualities the students gain confidence and build a foundation to be successful in the classroom and in life.AIM accomplishes this through a systematic approach of our YDC (mentor), Training and Development, Program Management, Research and Evaluation, Community Coalition.The YDC uses logical tools that include a Life Skills Curriculum (Goal Setting, Getting Organized, Time Management, Study Skills, Effective Thinking, Attention Control and Memory, Stress Management, Leadership, Conflict Resolution), Community Service, one-on-one planning, study hall, SAT and Pre-SAT prep, College visits, etc.Training and Development is a key component that ensures the YDCs are staying on course and addresses the needs of the students as potentially new issues arise. This also will help maintain the integrity of the program and insure best practices are implemented.Research and Evaluation allows AIM to determine whether the program is effective and hitting the target numbers. This component also allows management to determine where and if we need to tweak the program to insure success.Community Coalition enables the different folks within the community to organize around a common interest and have a positive effect. Achievements:Increased GPAIncreased classroom attendanceIncreased participation in PSAT/SATIncreased on to college rateIncreased graduation rateIncreased Community Service Hours completedCompleted on average 8 Life Skill Components
    Expenses $326,555

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
20-1890245
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$212,571
Income (IRS master file)
$452,783

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$452,783$403,777$212,571XML
990September 2023$465,462$405,430$172,386XML
990September 2022$495,865$548,786$126,437IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1890245).

Questions about ACADEMICS IN MOTION INC

What is the EIN of ACADEMICS IN MOTION INC?
The employer identification number (EIN) of ACADEMICS IN MOTION INC is 20-1890245.
Is ACADEMICS IN MOTION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to ACADEMICS IN MOTION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ACADEMICS IN MOTION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ACADEMICS IN MOTION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ACADEMICS IN MOTION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who are the officers and directors of ACADEMICS IN MOTION INC?
The 990 for the year ended September 30, 2024 lists 5 people; 1 received compensation from the organization, the highest $38,500 (Terry Quinn, Executive Dir.).
How much revenue does ACADEMICS IN MOTION INC have?
On its 990 for the year ended September 30, 2024 it reported revenue of $452,783, expenses of $403,777 and total assets of $212,571 at year end.

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