ASPIRA ASSOCIATION INC

EIN: 132627568 501(c)(3)

WASHINGTON, DC

Total Revenue
$965,350
Total Expenses
$773,529
Total Assets
$1,393,179
Net Assets
$694,961
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
DC
Principal Officer
John Villamil
Phone
2028353600
Tax Period
2022-07-01 to 2023-06-30

ASPIRA ASSOCIATION INC, founded in 1968, is a small nonprofit that reported $965K in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $192K, a strong 20% operating margin.

Mission

TO PROMOTE THE DEVELOPMENT OF THE PUERTO RICAN AND LATINO COMMUNITY THROUGH EDUCATION AND LEADERSHIP DEVELOPMENT OF ITS YOUTH.

Program Service Accomplishments

Program 1
Expenses: $596,830 Revenue: $0

PROGRAM SERVICE ACCOMPLISHMENTS: IMPROVING THE QUALITY OF LIFE FOR MEMBERS OF THE COMMUNITY. WEB-BASED LEARNING FACILITY PROJECT - ASPIRA IMPLEMENTED A NATIONALCOMPUTER LITERACY AND BROADBAND...

Read more

PROGRAM SERVICE ACCOMPLISHMENTS: IMPROVING THE QUALITY OF LIFE FOR MEMBERS OF THE COMMUNITY. WEB-BASED LEARNING FACILITY PROJECT - ASPIRA IMPLEMENTED A NATIONALCOMPUTER LITERACY AND BROADBAND ADOPTION CAMPAIGN IN LATINO COMMUNITIES. THIS INITIATIVE PROVIDES STUDENTS AND PARENTS/CAREGIVERS THE TOOLS, INCLUDING CURRICULUM MATERIALS AND ONLINE WORKSHOPS ANDCOURSES, TO BECOME COMPUTER LITERATE. IT ALSO PROVIDES INFORMATION ONTHE IMPORTANCE OF BROADBAND ADOPTION TO ENHANCE THE EDUCATIONALATTAINMENT OF LATINO YOUTH. ASPIRA PARENTS FOR EDUCATIONAL EXCELLENCE PROJECT (APEX) - THE MISSIONOF THIS PROJECT IS TO INCREASE THE INVOLVEMENT OF LATINO PARENTS INTHEIR CHILDREN'S EDUCATION BY HELPING THEM LEARN ABOUT THE INTRICACIES OF NEGOTIATING CHANGE AND IMPROVING EDUCATION IN THEIR COMMUNITIES. THEAPEX CURRICULUM HAS SERVED AS A MODEL PROJECT IN THE AREA OF COMMUNITYEMPOWERMENT THROUGH PARENTAL INVOLVEMENT. HEALTH EDUCATION PROJECT - HISPANIC AMERICANS FACE SIGNIFICANT CHALLENGES IN ATTAINING BETTER HEALTHCARE, SPECIFICALLY IN THE AREAS OF SUBSTANCE ABUSE AND MENTAL HEALTH. TO ADDRESS THESE NEEDS, ASPIRA IMPLEMENTED HEALTH EDUCATION IN THE YOUTH LEADERSHIP DEVELOPMENT CLUBSTO ENCOURAGES LATINO YOUTH TO PURSUE CAREERS IN THESE FIELDS AND TOMAKE A DIFFERENCE BY RESPONDING TO THE HEALTHCARE NEEDS OF THEIR COMMUNITIES. ASPIRA HAS EXPANDED ITS HEALTH EDUCATION PROJECT BY DEVELOPING ANHIV/AIDS PREVENTION COMMUNICATIONS CAMPAIGN TO RAISE AWARENESS OF HIVAND AIDS WITHIN THE LATINO COMMUNITY AS PART OF THE ACT AGAINST AIDS LEADERSHIP INITIATIVE AAALI). AAALI IS A PARTNERSHIP OF LEADINGNATIONAL ORGANIZATIONS DESIGNED TO INCREASE HIV PREVENTION EFFORTS IN COMMUNITIES HARDEST HIT BY THE DISEASE. SUPPORTED BY THE POTOMAC HEALTH FOUNDATION, ASPIRA AND THE HISPANIC ORGANIZATION FOR LEADERSHIP AND ACTION WORK TOGETHER TO PROMOTE AHEALTHY LIFESTYLE IN THE PRINCE WILLIAM COUNTY AREA. THIS PROJECTFOCUSES ON ADDRESSING THE PREVALENCE OF OBESITY AND DIABETES, ANDEDUCATING LATINO YOUTH AND COMMUNITY ON THE IMPORTANCE OF HEALTHY EATING AND EXERCISE. PUBLIC POLICY - ASPIRA HAS PROMOTED CHANGES IN PUBLIC POLICIES TOBENEFIT HISPANIC YOUTH AND COMMUNITIES. AS AN ORGANIZATION DEDICATEDEXCLUSIVELY TO EDUCATION, ITS ADVOCACY AND POLICY INITIATIVES HAVE FOCUSED MAINLY ON EDUCATION AND ISSUES THAT AFFECT HISPANIC YOUTH.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $965,350
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $965,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $297,752
Fundraising Expenses $0
Program Expenses $596,830
Other Expenses $444,545
TOTAL EXPENSES $773,529

Year-over-Year Comparison

2022 2021 Change
Revenue $965,350 $820,504 +0.2%
Expenses $773,529 $828,574 -0.1%
Net Income $191,821 $-8,070 -24.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
N/A

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
1
$160,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHNNY VILLAMIL PRESIDENT AND CEO 40
Officer
$160,000 $0 $160,000
HILDA CRESPO VP OF PUBLIC POLICY 40
Highest
$114,223 $0 $114,223
ALFONSO DAVILA CHAIR 5
Director
$0 $0 $0
ELISE MIRANDA-MARTIN SECRETARY 5
Director
$0 $0 $0
FERNANDO GRILLO ESQ VICE CHAIR, FINANCE/TREASURER 5
Director
$0 $0 $0
FERNANDO ACEVEDO JR MEMBER 5
Director
$0 $0 $0
RUTH PACHECO MEMBER 5
Director
$0 $0 $0
LUIS MELENDEZ MEMBER 5
Director
$0 $0 $0
ROSEVELIE MARQUEZ MORALES ESQ MEMBER 5
Director
$0 $0 $0
CARLOS E SANTIAGO MEMBER 5
Director
$0 $0 $0
MARGARITA BENITEZ MEMBER 5
Director
$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
2024 No data No data No data No data
2023 $965,350 $773,529 $1,393,179 $191,821
2022 $820,504 $828,574 $1,622,494 $-8,070
2021 $320,023 $610,567 $1,633,749 $-290,544
2020 $291,677 $652,968 $1,908,780 $-361,291
2019 $312,741 $798,266 $1,912,444 $-485,525
2018 $811,983 $926,913 $2,387,666 $-114,930
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ASPIRA ASSOCIATION INC with other nonprofits in District of Columbia and across the country.