2026-04-21T15:01:22-04:00 2025-06-30 020626301 The Clairmount Group 28 West Adams Suite 300 Detroit MI 48226 990 2024-07-01 237310753 Accounting Aid Society % Priscilla Perkins ACCO 3135561920 3031 West Grand Blvd Suite 621 Detroit MI 48202 PRISCILLA PERKINS President and CEO 3135561920 2026-04-21 true true LASHANDA THOMAS P01489118 3136421102 2026-04-21 2024 2025-03-06 01:10:19Z 4525734 false X www.accountingaidsociety.org X 1972 MI Accounting Aid Societys mission is to help grow an economy for individuals, families and small businesses in Detroit and Southeastern Michigan. We do this by providing free tax preparation, small business financial services, financial coaching and call center workforce training. 25 25 61 399 0 0 3598284 4316647 182523 140919 19225 28837 -21989 11685 3778043 4498088 0 0 3071165 3307859 0 178001 897106 942401 3968271 4250260 -190228 247828 2982228 3246925 994754 994068 1987474 2252857 Accounting Aid Societys mission is to help grow an economy for individuals, families and small businesses in Detroit and Southeastern Michigan. We do this by providing free tax preparation, small business financial services, financial coaching and call center workforce training. false false 2991150 1299435 This project enables the Volunteer Income Tax Assistance (VITA) program to extend services to underserved populations in hardest-to-reach areas, both urban and non-urban; increase the capacity to file returns electronically; heighten quality control; enhance training of volunteers; and improve significantly the accuracy rate of returns prepared at VITA sites. 419278 140919 Accounting Aid Academy helps hundreds of micro and small businesses increase their financial acumen, expand their physical footprint, and become more creditworthy through the one-on-one consultation with our bookkeeper and financial analysts. 244315 177540 The Clinic works to meet the goal of delivering a three-prong program to represent, educate, and advocate for low-income taxpayers and for taxpayers for whom English is a second language and resolve disputes with the IRS. 3654743 true true false false false false false false false true true false false true true false true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 17 0 true 61 true false false false false false true true false false false false false false X 25 25 false false false false false false false true true false false true true true true true true true false false MI X Priscilla Perkins 3135561920 3031 West Grand Blvd Suite 621 Detroit MI 48202 Priscilla Perkins President and CEO 40.00 0.00 X X 165982 0 6650 Harry Cook Cheif Financial Officer 0.00 0.00 X 91300 0 0 LaShanda Davis Director 2.00 0.00 X X 0 0 0 Jeramey J Lynch Board Chair 2.00 0.00 X X 0 0 0 John Anstett Treasurer 2.00 0.00 X X 0 0 0 Robert Zalewski Director 2.00 0.00 X 0 0 0 Kenneth Bluhm Director 2.00 0.00 X 0 0 0 Diane Dossin Director 2.00 0.00 X 0 0 0 Richard Favor Director 2.00 0.00 X 0 0 0 Lisa Fort Director 2.00 0.00 X 0 0 0 Audrey Harvey Director 2.00 0.00 X 0 0 0 Anthony McCree Director 2.00 0.00 X 0 0 0 Gregory A Nowak Director 2.00 0.00 X 0 0 0 Nick Quigley Director 2.00 0.00 X 0 0 0 David T Rehrauer Director 2.00 0.00 X 0 0 0 Dion D Stevens Director 2.00 0.00 X 0 0 0 Brendan Sullivan Director 2.00 0.00 X 0 0 0 Alan C Young Director 2.00 0.00 X 0 0 0 Micheal Dixon Director 2.00 0.00 X 0 0 0 Deborah Gordon Director 2.00 0.00 X 0 0 0 Kevin Patterson Director 2.00 0.00 X 0 0 0 Patricia Mousseau Secretary 2.00 0.00 X X 0 0 0 Deborah Habel Director 2.00 0.00 X 0 0 0 Patrick Lee Director 2.00 0.00 X 0 0 0 Van Nquyen Director 2.00 0.00 X 0 0 0 Nicole Puckett Director 2.00 0.00 X 0 0 0 Ashley Wheatley Director 2.00 0.00 X 0 0 0 Alexis Wiley Director 2.00 0.00 X 0 0 0 257282 0 6650 1 true true false 68250 1476975 2771422 4316647 Accounting Aid Academy 900099 140919 140919 140919 28837 28837 11910 68250 27646 -15736 -15736 Other income 900099 27421 27421 27421 4498088 197177 0 -15736 140798 114060 18740 7998 2732908 2213913 363753 155242 434153 422684 8068 3401 183696 175805 5551 2340 78199 76992 849 358 130354 125470 3436 1448 176017 174779 871 367 224905 217483 5221 2201 72889 62319 7436 3134 25790 24070 1210 510 Other Expenses 50551 47168 2381 1002 4250260 3654743 417516 178001 568144 308763 98181 1446225 602827 247998 46776 51923 660193 338570 351365 321623 127592 145147 1187343 725246 2982228 3246925 190789 275579 803965 718489 994754 994068 X 1632702 1238494 354772 1014363 1987474 2252857 2982228 3246925 247828 17555 0 X false true X true true true X 3167240 3244170 3462917 3260874 4248397 17383598 104111 89762 182920 182523 140919 700235 4750 4750 9500 10000 29000 3276101 3338682 3655337 3453397 4389316 18112833 36215 34494 42514 93439 206662 36215 34494 42514 93439 0 206662 17906171 2924 2923 4577 19225 27258 56907 2924 2923 4577 19225 27258 56907 82836 82036 62012 27421 254305 3279025 3424441 3741950 3534634 4443995 18424045 0.97190 0.97270 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50605 1333 51938 49810 795 50605 43775 6035 49810 50605 -6830 43775 50605 11632 11605 27 50605 true false 324055 106546 217509 208688 141973 66715 127450 90051 37399 321623 Beneficial Interest 19869 Operating Lease Right-of-use 705377 725246 Operating Lease Liability 139514 Long Operating Lease Liability 578975 718489 5747634 17555 1204345 1221900 4525734 -27646 -27646 4498088 5482251 1204345 27646 1231991 4250260 4250260 Part V, Line 4-Intended uses of endowment funds Endowment funds are permanently restricted endowment donations intended to be invested on a long-term basis in perpetuity. Future income on endowment funds may be used for operations, unless otherwise directed by the Board of Directors, in order to fulfill the mission of Accounting Aid Society. Endowment funds should be invested in mutual or exchange traded funds whose performance is tied to a broad market index, such as an S& indexed fund. Part XI, Line 4b-Other revenue not included on Sch D but on 990 Fundraising expenses are netted against fundraising revenue. Part XII, Line 2d-Other expenses included on Sch D but not on 990 Fundraising expenses are netted against fundraising revenue. AAA Gala 80160 68250 11910 12800 14846 80160 68250 11910 12800 14846 27646 -15736 X X X false false false false false false PRISCILLA PERKINS President and CEO 140799 7500 17683 2158 4492 172632 HARRY COOK Cheif Financial Officer 91300 91300 Form 990 governing body review Part VI line 11 Each voting member of the governing body was emailed a questionnaire to gather information for Form 990. A draft of Form 990 and schedules was reviewed by finance leadership, board officers, and the Audit & Finance Committee, then posted to the board portal for full board review prior to filing. Conflict of interest policy compliance Part VI line 12c The bylaws prohibit board members and officers from entering into contracts without full disclosure and board approval. The policy is reviewed annually. CEO executive director top management comp Part VI line 15a The Board reviewed performance measures, compensation history, employment contract, and comparable data to approve compensation for the President & CEO. Governing documents etc available to public Part VI line 19 Governing documents, conflict of interest policy, and financial statements are available to the public upon request. General explanation attachment In the 2025 tax season, Accounting Aid Society, with the help of over 300 highly trained volunteers and staff, filed 23,700 returns for our primary focus area (low-income) and 733 returns for our secondary focus area (Limited English Proficiency). Altogether, the agency filed 24,433 returns for low- and moderate-income households, which adds up to $41,145,000 million in refunds, credits, and savings for clients. The average refund a client received was $1,384, plus $300 savings in commercial tax preparation fees per household. Clients have a 99% probability of referring friends or family members to Accounting Aid. During the official tax season, we operated over 53 tax sites between the traditional in-person (25 sites), drop-and-go (5 sites), pop-up (23), and completely virtual (1 site) in six counties. We complete tax returns year-round and also help our clients obtain the Home Heating Credit and complete applications to help Detroit homeowners obtain the Homeowners Property Tax Exemption (HOPE). Our Low Income Taxpayer Clinic (LITC) program continues to help low- and moderate-income individuals resolve disputes with the IRS, and our Accounting Aid Academy helped hundreds of micro and small businesses increase their financial acumen, expand their physical footprint, and become more creditworthy through one-on-one consultation. Our numbers continue to rise as we have expanded our services in the cities of Detroit, Pontiac and Ann Arbor plus additional areas of Wayne, Washtenaw and Genesee Counties. We meet clients where they are through our collaboration with community partners in providing our mobile unit staff to provide services at senior Audit Review Comparison: Prior Year vs Fiscal Year 202425 Category Prior Year (2023) FY 202425 Returns Filed 20,350 24,000 Refunds/Credits $28.4M $30M Service Model: In-person, pop-up, Expanded virtual + Tax Aces pilot limited vitural Contributed non-financial assets include donated professional services and other in-kind contributions, which are recorded at the respective fair values of the goods or services received. In addition to contributed non-financial assets, volunteers contribute significant amounts of time to program service development activities. Contributed goods are recorded at fair value at the date of donation.