Program areas at Accounting Aid Society
Accounting Aid Society touches over 22,000 lives annually, with an economic impact of $33.7 million on low and middle-income households. More than 250 volunteers donate over 9,300 hours to helping our clients build a foundation for economic independence. These dollars are diverted directly back to southeast Michigan communities, often paying for basic needs such as food, utilities, transportation, and rent. Accounting Aid Societys services are designed to advance sustainable and equitable growth in Detroit neighborhoods and surrounding communities, to assist in gaining economic self-sufficiency, enabling our clients to prosper and share in the economic fabric of the region.
The Accounting Aid Academy guides micro-entrepreneurs in historically underserved neighborhoods to achieve sustainability and growth in their financial operations. Trained staff provides education and technical services to small business owners on topics that are instrumental in their success, such as tax preparation, record keeping, tracking revenue and expenses, financial statements, accounting software, and other issues identified by clients and staff.
Who funds Accounting Aid Society
Grants from foundations and other nonprofits
Personnel at Accounting Aid Society
Name | Title | Compensation | Date of data |
---|
Priscilla Perkins | President and Chief Executive Officer | $142,890 | 2024-05-15 |
Harry Fredrick Cook | Senior Director of Finance and Administration | $92,387 | 2023-06-30 |
Lashanda Davis | Board Member | $0 | 2023-09-18 |
Jeramey J. Lynch | Chair | $0 | 2023-09-18 |
John Anstett | Treasurer | $0 | 2023-09-18 |
...and 4 more key personnel |
Financials for Accounting Aid Society
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $3,556,927 | $3,244,170 | 9.6% |
Program services | $182,920 | $89,762 | 103.8% |
Investment income and dividends | $4,577 | $2,086 | 119.4% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $-11,974 | $82,836 | -114.5% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $3,732,450 | $3,418,854 | 9.2% |
Organizations like Accounting Aid Society
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Partnership for Families Children and Adults | 501(c)(3) | Chattanooga, TN | $5,850,259 |
Community Partnership of the Ozarks | 501(c)(3) | Springfield, MO | $9,595,509 |
VolunteerNow | 501(c)(3) | Dallas, TX | $3,413,473 |
BVU The Center for Nonprofit Excellence | 501(c)(3) | Cleveland, OH | $2,132,875 |
Center for Excellence in Nonprofits | 501(c)(3) | Redwood City, CA | $1,007,285 |
The Nonprofit Management Center of the Permian Basin | 501(c)(3) | Midland, TX | $1,062,745 |
Community Resource Exchange (CRE) | 501(c)(3) | New York, NY | $3,959,933 |
Southwestern Pennsylvania Human Services | 501(c)(3) | Charleroi, PA | $6,918,259 |
Catalyst Miami | 501(c)(3) | Miami, FL | $4,589,099 |
Chicago Cares | 501(c)(3) | Chicago, IL | $4,187,903 |
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 18, 2023
Updated personnel
Identified 2 new personnel
August 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Community improvement
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
- Address
- 3031 W Grand Blvd Suite 470
- Detroit, MI 48202
- Metro area
- Detroit-Warren-Dearborn, MI
- County
- Wayne County, MI
- Website URL
- accountingaidsociety.org/Â
- Phone
- (313) 556-1920
IRS details
- EIN
- 23-7310753
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1972
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S50: Nonprofit Management
- NAICS code, primary
- 624190: Individual and Family Services
- Parent/child status
- Independent
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