ASPIRE CHARTER ACADEMY INC (EIN 205919412) - 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

2006

Legal Domicile

Phone

6162221700

Tax Period

2024-07-01 to 2025-06-30

ASPIRE CHARTER ACADEMY INC, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $12.1M in total revenue in fiscal year 2024.

Mission

TO OPERATE A PUBLIC CHARTER SCHOOL WHICH PROVIDES EDUCATION BASED ON RIGOROUS TEACHING METHODS, PARENTAL INVOLVEMENT, STUDENT RESPONSIBILITY, AND BASIC MORAL VALUES.

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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 $12,016,191

Program Service Revenue $25,027

Investment Income $0

Other Revenue $35,000

TOTAL REVENUE $12,076,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,239,616

Fundraising Expenses $0

Program Expenses $10,473,426

Other Expenses $6,815,136

TOTAL EXPENSES $12,054,752

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,076,218	$11,415,774	+0.1%
Expenses	$12,054,752	$11,459,203	+0.1%
Net Income	$21,466	$-43,429	-1.5%

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

314

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
DENISE DILLARD	PRESIDENT	1.0	Officer Director	$0	$0	$0
JOANN WHITE	SECRETARY	1.0	Officer Director	$0	$0	$0
LACRECIA LOTT	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
RACHAEL WRIGHT	TREASURER	1.0	Officer Director	$0	$0	$0
SHERYLIN FREELAND-MCCRADY	DIRECTOR	1.0	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
2025	$12,076,218	$12,054,752	$3,356,964	$21,466
2024	No data	No data	No data	No data
2023	$9,855,347	$9,866,761	$1,178,130	$-11,414
2022	$8,718,192	$8,634,708	$3,292,325	$83,484
2021	$7,877,554	$7,885,927	$2,787,194	$-8,373
2020	$7,294,191	$7,290,488	$1,749,342	$3,703
2019	$7,760,842	$7,785,318	$1,546,444	$-24,476
2018	$7,608,149	$7,626,359	$1,078,192	$-18,210

ASPIRE CHARTER ACADEMY INC