ANIMUM IRAE MILITUM
Mission Statement
THE MISSION AND PURPOSE of ANIMUM IRAE MILITUM, Latin for The Spirit of Military Renewal , (AIMVETS) is to harness the esprit de corps of incarcerated veterans and leverage their imbued military camaraderie to motivate cognitive changes in aberrant behavior. Employing progressive course work in Moral Recognition Therapy (MRT®) developed by Corrective Counseling Inc (CCI), and other therapy providers, we will promote positive changes in incarcerated veterans’ perspective and behavior. We define cognition as thinking with the whole person, in our view, the body, mind and spirit. We teach our clients to rethink, or recognate their actions and channel new behavior toward morally acceptable norms.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.8% | 80.0% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
34.6% | 35.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
28.8 mo | 10.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.3% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
7.8% | 100.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-20.9% | -2.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.3% | -0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
34.3% | 7.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $61K | $40K | $95K | 95.8% | — |
| 2023 | $77K | $35K | $70K | 100.0% | — |
| 2022 | $73K | $50K | $28K | 100.0% | — |
| 2021 | $51K | $20K | N/A | — | 1 |
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