ASPIRE HOPE NY INC

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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

1994

Legal Domicile

Principal Officer

JEANNINE STRUBLE

Phone

6077762164

Tax Period

2024-01-01 to 2024-12-31

ASPIRE HOPE NY INC, founded in 1994, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $1.5M left a modest 6% surplus.

Mission

THE ORGANIZATION PROVIDES HEALTH SERVICES FOR ADULTS AND/OR FAMILIES RAISING CHILDREN WITH MENTAL HEALTH CHALLENGES AND INTELLECTUAL DIVERSITIES.

Program Service Accomplishments

Program 1

Expenses: $1,361,371 Revenue: $210,686

MENTAL HEALTH SERVICES FOR FAMILIES OF CHILDREN WITH MENTAL HEALTH CONCERNS. ASPIRE HOPE NY, INC. SERVED APPROXIMATELY 891 FAMILIES DURING 2024.

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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 $1,386,305

Program Service Revenue $210,686

Investment Income $10,041

Other Revenue $6,419

TOTAL REVENUE $1,613,451

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,160,313

Fundraising Expenses $0

Program Expenses $1,361,371

Other Expenses $358,686

TOTAL EXPENSES $1,518,999

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,613,451	$1,814,706	-0.1%
Expenses	$1,518,999	$1,737,547	-0.1%
Net Income	$94,452	$77,159	+0.2%

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

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

$132,191

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARLENE BUTLER	PRESIDENT	2.00	Officer Director	$0	$0	$0
LINDA BELANGER	VICE PRESIDENT & TREASURER	2.00	Officer Director	$0	$0	$0
LENA RICE	BOARD MEMBER	2.00	Director	$0	$0	$0
HALEY LABARR	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTIAN MACEDO	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE POWERS	BOARD MEMBER	2.00	Director	$0	$0	$0
BECKY DECKER	BOARD MEMBER	2.00	Director	$0	$0	$0
PETER VOORHEIS	FINANCIAL SERVICES COORDINATOR	40.00	Officer	$52,658	$4,566	$57,224
JEANNINE STRUBLE	EXECUTIVE DIRECTOR	40.00	Officer	$68,488	$6,479	$74,967

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	$1,613,451	$1,518,999	$2,010,798	$94,452
2023	$1,814,706	$1,737,547	$1,819,044	$77,159
2022	$1,559,026	$1,705,279	$1,909,198	$-146,253
2021	$1,430,738	$1,372,918	$1,827,577	$57,820
2020	$1,263,821	$1,223,744	$1,331,953	$40,077
2020	$1,687,823	$1,223,744	$1,331,953	$464,079
2019	$1,347,248	$1,389,600	$902,214	$-42,352