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AIM-HI ACCELERATOR FUND INC

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Public IRS 990 nonprofit record

AIM-HI ACCELERATOR FUND INC

EIN 82-4322538 · Cancer Research (H30)

What they do

The AIM-HI Accelerator Fund is An Independent 501(C)(3) Non-profit Organization, Established With An Initial Grant From The National Foundation for Cancer Research With The Vision to Accelerate The Translation of Cancer Drug Discoveries By Investing In Seed-stage Companies. It is A New Paradigm Through Venture Philanthropy to Fund Start-up Oncology Companies That Commercialize Innovative Laboratory Breakthroughs Which Can Potentially Save Cancer Patients Lives.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$14.37spent for every $100 of revenueRevenue covered expenses this year.
$11.70of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$71.59in assets for every $1 spent this yearSome assets cannot be spent right away.
94.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $20,000 for SUJUAN BA (CO-FOUNDER AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$1,566,732
Expenses$225,102
Annual surplus $1,341,630 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$26,371 · 11.7% of expenses
Grants paid$60,000 · 26.7% of expenses
See all reported dollar amounts
Revenue$1,566,732
Expenses$225,102
Assets$16,114,527
Income$1,566,732
Contributions$1,480,019
Grants given$60,000
Average grant$10,000
Management and general$26,371
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SUJUAN BACO-FOUNDER AND CEO · 10 hrs/week $20,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

SUJUAN BACO-FOUNDER AND CEO

ALFRED SLANETZDIRECTOR

BRIAN LEYLAND-JONESDIRECTOR (SERVED THRU AUGUST 2024)

CHARLIE WEATHERSPOONDIRECTOR

FRANKLIN SALISBURY JRDIRECTOR (SERVED THRU APRIL 2024)

KWOK LEUNGTREASURER/SECRETARY

MARK BARANDIRECTOR

MATTHEW TREMBLAYCHAIRMAN OF THE BOARD

ROSE WANGDIRECTOR

SILAS DEANEDIRECTOR (SERVED EFFECTIVE AUGUST 2024)

About this charity

Recognized since
January 2019
Location
5515 SECURITY LANE SUITE 1105, ROCKVILLE, MD 20852
County
Montgomery
In care of
Kwok Leung
Primary officer
Kwok Leung, Executive Advisor

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
NTEE classification
Cancer Research (H30)
IRS tax category
Cancer Research
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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