ASPIRE CHARTER ACADEMY INC (EIN 271191476) - 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

2009

Legal Domicile

Phone

4072979955

Tax Period

2022-07-01 to 2023-06-30

ASPIRE CHARTER ACADEMY INC, founded in 2009, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year.

Mission

ASPIRE CHARTER ACADEMY (ACA) IS COMMITTED TO PROVIDING A SUPERIOR ATMOSPHERE OF INSPIRATION, ENCOURAGEMENT AND EDUCATION FOR ALL STUDENTS, ESPECIALLY THOSE INNER CITY CHILDREN WHOSE BEHAVIOR HAS IMPEDED THEIR ABILITY TO ACHIEVE THEIR MAXIMUM POTENTIAL.

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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 (2022)

Revenue Breakdown

Contributions & Grants $252,445

Program Service Revenue $979,216

Investment Income $122

Other Revenue $3,473

TOTAL REVENUE $1,235,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $886,451

Fundraising Expenses $0

Program Expenses $1,143,232

Other Expenses $341,200

TOTAL EXPENSES $1,227,651

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,235,256	$1,386,116	-0.1%
Expenses	$1,227,651	$1,309,781	-0.1%
Net Income	$7,605	$76,335	-0.9%

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
CHARISMA CYPRIAN	BOARD MEMBER	0.50	Director	$0	$0	$0
TOM DURKEE	PRESIDENT	0.50	Director	$0	$0	$0
ELAINE FITZGERALD	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVE HERBSTER	BOARD MEMBER	0.50	Director	$0	$0	$0
SHARON OWENS	BOARD MEMBER	0.50	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,235,256	$1,227,651	$447,657	$7,605
2022	$1,386,116	$1,309,781	$452,223	$76,335
2021	$1,285,845	$1,305,565	$591,245	$-19,720
2020	$1,297,732	$1,303,745	$601,408	$-6,013
2019	$1,306,015	$1,379,557	$418,461	$-73,542
2018	$1,391,532	$1,369,638	$483,002	$21,894

ASPIRE CHARTER ACADEMY INC