AIMPOWER

EIN: 881534897 501(c)(3) Arts, Culture & Humanities

Mountain View, CA

Total Revenue
$213,494
Total Expenses
$58,494
Total Assets
$174,129
Net Assets
$174,129
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
Shaomei Wu
Phone
6506817207
Tax Period
2024-01-01 to 2024-12-31

AIMPOWER, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $213K in total revenue in fiscal year 2024. Revenue surged 1057% from the prior year, signaling strong growth momentum. The organization ran a surplus of $155K, a strong 73% operating margin.

Mission

Mission: Research, develop, and advocate for technologies to benefit minority and marginalized populations. Activities include: 1. Research and identify technological challenges experienced by certain communities, such as research to uncover systematic issues for people who stutter in speech-related technologies and telecommunication systems; 2. Evaluate existing technologies, especially technologies powered by machine learning and artificial intelligence, to understand their performances and gaps for people who stutter; 3. Design and create technical solutions to close the experience and performance gap in existing technologies for the stuttering community, making existing technologies more accessible and accommodating to users who stutter; 4. Develop general recommendations and guidelines for accessible speech and telecommunication technologies; 5. Advise, mentor, and support the stuttering community as well as other disability communities on technical issues.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $213,494
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $213,494

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,035
Fundraising Expenses $0
Program Expenses $52,519
Other Expenses $37,459
TOTAL EXPENSES $58,494

Year-over-Year Comparison

2024 2023 Change
Revenue $213,494 $18,455 +10.6%
Expenses $58,494 $13,402 +3.4%
Net Income $155,000 $5,053 +29.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
2
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$2,723
Total Directors
5
$2,723
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jingjin Li Research Fellow 40
Highest
$16,501 $0 $16,501
Shaomei Wu Chief Executive Officer 40
Officer Director
$2,723 $0 $2,723
Niranjan Sivakumar Secretary 5
Officer Director
$0 $0 $0
Salmana Ahmed Director 1
Director
$0 $0 $0
Ran Wei Director 5
Director
$0 $0 $0
Karin Patzke Director (Jan thru Nov) 1
Director
$0 $0 $0
Ben Lickly Treasurer 2
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $213,494 $58,494 $174,129 $155,000
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