ASPPIRE INC (EIN 270525231) - 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

2010

Legal Domicile

Phone

9892722977

Tax Period

2024-01-01 to 2024-12-31

ASPPIRE INC, founded in 2010, is a small nonprofit in the Diseases & Disorders sector that reported $664K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $187K, a strong 28% operating margin.

Mission

ASPPIRE OF MID-MICHIGAN PROVIDES ADAPTIVE SOCIAL PROGRAMS THAT PROVIDE INSTRUCTION, RECREATION AND ENRICHMENT.

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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 $77,552

Program Service Revenue $580,064

Investment Income $4,235

Other Revenue $1,799

TOTAL REVENUE $663,650

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,551

Fundraising Expenses $11,684

Program Expenses $414,189

Other Expenses $277,770

TOTAL EXPENSES $476,321

Year-over-Year Comparison

	2024	2023	Change
Revenue	$663,650	$474,318	+0.4%
Expenses	$476,321	$408,464	+0.2%
Net Income	$187,329	$65,854	+1.8%

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

$21,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA PEAK	EXECUTIVE DIRECTOR	20.00	Officer	$21,600	$0	$21,600
BRUCE RAAK	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
STACI ANDERSON	TREASURER	1.00	Officer Director	$0	$0	$0
BART MOORE	DIRECTOR	1.00	Director	$0	$0	$0
MARY KATHRYN MOORE	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT HOMAN	BOARD MEMBER	1.00	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	$663,650	$476,321	$431,908	$187,329
2023	$474,318	$408,464	$243,062	$65,854
2022	$409,091	$327,483	$182,501	$81,608
2021	$260,098	$208,388	$130,289	$51,710
2018	$195,207	$196,060	$41,552	$-853

ASPPIRE INC