OF THE millions of AMERICANS WHO qualified because that the recent stimulus checks, there’s at least one group that will certainly not it is in receiving money — those who have been report to the U.S. Treasury Department because that owing earlier child support.
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And that’s no a little number. Together of January 2018, there were 13.6 million custodial single parents living in the joined States, and approximately half have some type of legit or informal child support agreement in place.
According come the most recent report on kid support through the U.S. Census Bureau, however, only 43.5% of custodial parental reported receiving the complete amount due from noncustodial parents. In 2015, the amount of outstanding child support for the year reached $33.7 billion.
New Orleanian Simone Spence to know the struggle all also well. Throughout her own initiatives to monitor down child support for her daughter 25 year ago, Spence spent years researching the ins and outs of kid support collection and also quickly became, in her very own words, the “kitchen table expert,” through friends and also other moms reaching out to she for help and advice.
After writing two books, testifying in prior of Congress, and conducting speak tours throughout the nation on the subject, Spence transformed her know-how right into a proprietary technology platform called Athena designed to streamline the procedure for parents looking come collect. The result was the development of a new business last autumn that Spence dubbed Don’t get Mad, obtain Paid.
“I had actually been a exclusive child assistance consultant for over 2 decades,” Spence said. “During the time, I had helped an ext than 10,000 females to collect much more than $15 million in ago child support, and also I had an 87% success rate. I never had to market and never advertised due to the fact that my customers discovered me on their own, were referred
With one initial investment from PowerMoves.NOLA, an company that helps launch minority tech startups, Spence debuted Athena in October 2019. The technology, stated Spence, makes collecting spousal support much less traumatic and also traumatic.
“I can’t say too much around the technology without providing away some of our an enig sauce,” she said, “but I will certainly say the at a high level, that works choose TurboTax meets LegalZoom. Us gather the crucial data around our client the method that TurboTax does, questionnaire-style. We discover the paying parent and also his assets and income streams and also then, choose LegalZoom, we create legal records for our customers. The documents are state-specific, customized and ready come use.”
In enhancement to regional investments, Spence was able to gather a team that tech-savvy supporters through a global accelerator program referred to as Techstars, whose mission is to assist founders with mentorships and partnerships.
“I deserve a clues in Techstars last year and also participated in their impact Cohort in Austin, Texas,” claimed Spence. “Over 1,000 suppliers in 10 countries competed for those spots. Lock selected 10 companies, and also my firm was one of them.”
Spence claimed the program likewise helped her construct her tech team.
“One the my designers was the previous co-founder of the app Store, lead engineer for Inmobi and has constructed for companies choose Samsung, Comcast and also LegalZoom,” she said. “My other engineer to be lead technician for Webroot. Lock both have actually 10 to 12 years of software advance and startup experience in Silicon Valley.”
Don’t obtain Mad, acquire Paid is being designed with 3 levels the membership. At this time the just option is the Athena gold level, i m sorry provides variety of support such as a library of necessary documents, paper prep guidance, skip tracing to find the other parent and more. Member at this level is a $1,200 flat fee, or $100 every month, with a 100% satisfaction guarantee.
Additional membership levels, Athena Silver, for $20 per month, and Athena Titanium, for $999 every month, are still in the works, but will offer differing menus of sources for every client’s varying needs.
“Athena silver- is at this time in advancement to fulfill the requirements of parents that may not require the full Athena platform,” said Spence. “It is projected to launch this summer. Manufacturing of Athena Titanium will begin after that.”
Spence said her customer base is largely women and spans across all 50 states. “They loss into every socio-economic parentheses — from well-off to middle-class and also lowerincome,” she said. “Though many world don’t choose to admit it, us all understand somebody that has had a trouble collecting earlier child support. If girlfriend don’t think so, start shaking her family and friend trees and also see who drops out.”
Athena’s modern technology works best by taking the guesswork out of the procedure for parental who room trying to locate and also collect son support.
“We have actually what we believe is the more quickly collection procedure in the country and can acquire our customers through the entire procedure within months,” she said. “We find the payor and also their assets, transfer any paperwork to one more state, if necessary, ar liens and also guide our customer through the arsenal of their money within the time.”
With the launch of her company, Spence is confident that her years of occupational will continue to aid parents even beyond her time together CEO and reach beyond what she had actually been capable of doing by herself as a consultant.
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“A couple of years ago, i realized that this work-related that I have actually been doing is lot bigger 보다 me and much bigger than the 10,000 moms the I have helped end the years,” she said. “There are millions of women who need this help. So, establish this need and also being able to construct something to attend to it is a an excellent feeling,” she said. “I decided the surname Athena for our product because Athena is the Greek goddess of wisdom, war, law and also justice. Our product democratizes the boy support collection procedure for ago child support and allows women to accessibility an otherwise very inaccessible system.”
“We have what we think is the more quickly collection process in the country and also can gain our customers through the entire procedure within months,” said Simone Spence around her proprietary technology platform she called Athena.