ASPIRING TRIPS INC (EIN 050606895) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Sandesh Chernenok

Phone

8083776465

Tax Period

2024-06-01 to 2025-05-31

ASPIRING TRIPS INC, founded in 2004, is a small nonprofit in the Recreation & Sports sector that reported $635K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $720K exceeded revenue, resulting in a 13% operating deficit.

Mission

To organize and administer recreational and spiritual retreats for its members

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $81,625

Program Service Revenue $553,474

Investment Income $0

Other Revenue $0

TOTAL REVENUE $635,099

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $638,152

Other Expenses $720,022

TOTAL EXPENSES $720,022

Year-over-Year Comparison

	2024	2023	Change
Revenue	$635,099	$572,365	+0.1%
Expenses	$720,022	$498,469	+0.4%
Net Income	$-84,923	$73,896	-2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Savyasachi Brown	President	15	Officer Director	$0	$0	$0
Sandesh Chernenok	Chief Technology Officer, Treasurer	20	Officer Director	$0	$0	$0
Ashrita Furman	Secretary	1	Officer Director	$0	$0	$0
Saraswati Martin	Staff	7	Key Emp	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$635,099	$720,022	$55,673	$-84,923
2024	$572,365	$498,469	$119,063	$73,896
2023	$477,180	$500,990	$58,213	$-23,810
2022	$307,511	$320,715	$75,293	$-13,204
2021	$166,332	$88,828	$76,152	$77,504
2020	$641,516	$682,029	$397,715	$-40,513
2019	$800,404	$775,173	$417,179	$25,231
2018	$754,781	$753,298	$413,308	$1,483

ASPIRING TRIPS INC