ASPIRA Inc of Illinois (EIN 362666800) - 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

1968

Legal Domicile

Principal Officer

Edgar Lopez

Phone

7732520970

Tax Period

2023-07-01 to 2024-06-30

ASPIRA Inc of Illinois, founded in 1968, is a mid-sized nonprofit that reported $22.5M in total revenue in fiscal year 2023. Expenses of $25.3M exceeded revenue, resulting in a 13% operating deficit.

Mission

Provide assistance to youths through education, leadership development, and cultural awareness.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,273,184

Program Service Revenue $15,995,331

Investment Income $57

Other Revenue $217,046

TOTAL REVENUE $22,485,618

Expense Breakdown

Grants Paid $3,050

Salaries & Benefits $16,124,574

Fundraising Expenses $0

Program Expenses $23,169,429

Other Expenses $9,205,873

TOTAL EXPENSES $25,333,497

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,485,618	$22,481,043	+0.0%
Expenses	$25,333,497	$23,939,225	+0.1%
Net Income	$-2,847,879	$-1,458,182	+1.0%

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

537

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

$811,303

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Armen Alvarez	Chair	5.00	Officer Director	$0	$0	$0
Yolanda Frontany	Vice-Chair	5.00	Officer Director	$0	$0	$0
Rosemary Lugo-Gross	Vice-Chair	5.00	Officer Director	$0	$0	$0
Marco Morales	Vice-Chair	5.00	Officer Director	$0	$0	$0
David S Rodriguez	Treasurer	5.00	Officer Director	$0	$0	$0
Cynthia Yuqui	Secretary	5.00	Officer Director	$0	$0	$0
Luis A Martinez	Director	2.00	Director	$0	$0	$0
Rosanna S Diaz	Director (Until 6/2024)	2.00	Director	$0	$0	$0
Debra Cruz	Director	2.00	Director	$0	$0	$0
Luis Diaz-Perez	Director	2.00	Director	$0	$0	$0
Gabriela Gonzalez	Student Director	2.00	Director	$0	$0	$0
Anthony Pritchett	Student Director	2.00	Director	$0	$0	$0
Fernando Eulogio Grillo	Chief Executive Officer (Until 6/2024)	40.00	Officer	$203,250	$0	$203,250
Edgar Lopez	Chief Executive Officer	40.00	Officer	$137,283	$0	$137,283
Elizabeth Roth	Chief Accountability, C&D (Until 6/2024)	40.00	Officer	$135,000	$0	$135,000
Samuel A Perez	Chief Financial Officer (Until 6/2024)	40.00	Officer	$133,326	$0	$133,326
Carlos Claudio	Chief Operating Officer (Until 6/2024)	40.00	Officer	$101,379	$0	$101,379
Jose Reyes	Chief Operating Officer	40.00	Officer	$101,065	$0	$101,065
Nestor Corona	Director of Bilingual and Dual Language Education	40.00	Highest	$120,404	$0	$120,404
Hector Miranda	Director of Facilities (Until 6/2024)	40.00	Highest	$108,027	$0	$108,027
Leslie A Foster	Director of Curriculum & Instruction	40.00	Highest	$108,365	$0	$108,365
Sonia Medina	School Counselor	40.00	Highest	$104,318	$0	$104,318
Glynn Kelly	Teacher (Until 6/2024)	40.00	Highest	$100,711	$0	$100,711

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	$22,485,618	$25,333,497	$32,140,035	$-2,847,879
2023	$22,481,043	$23,939,225	$36,468,450	$-1,458,182
2022	$23,094,089	$23,073,866	$37,783,687	$20,223
2021	$23,057,361	$21,438,146	$41,094,101	$1,619,215
2020	$20,471,178	$19,895,298	$38,781,754	$575,880
2019	$21,997,932	$20,933,894	$36,255,619	$1,064,038

ASPIRA Inc of Illinois