ASPIRUS BUILDINGS INC (EIN 391406537) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

MATTHEW HEYWOOD

Phone

7158472000

Tax Period

2024-07-01 to 2025-06-30

ASPIRUS BUILDINGS INC, founded in 1982, is a small nonprofit in the Health Care sector that reported $882K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 45% operating deficit.

Mission

WE HEAL PEOPLE, PROMOTE HEALTH, AND STRENGTHEN COMMUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $869,949

Investment Income $11,564

Other Revenue $0

TOTAL REVENUE $881,513

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $393,706

Other Expenses $1,282,420

TOTAL EXPENSES $1,282,420

Year-over-Year Comparison

	2024	2023	Change
Revenue	$881,513	$1,948,139	-0.5%
Expenses	$1,282,420	$2,131,656	-0.4%
Net Income	$-400,907	$-183,517	+1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$5,978,101

Total Directors

$4,315,174

Key Employees

$1,995,457

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW HEYWOOD	VICE CHAIR/PRESIDENT & CEO	2.00	Officer Director	$0	$361,440	$4,230,174
SHERRI LEMMER	CHAIR	1.00	Officer Director	$0	$0	$20,000
LEONARD HAMMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID HECK	BOARD MEMBER	1.00	Director	$0	$0	$15,000
JEREMY LEWITZKE	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD POIRIER	BOARD MEMBER	1.00	Director	$0	$0	$30,000
BRIAN PRUNTY	BOARD MEMBER	1.00	Director	$0	$0	$20,000
KIRK SCHOTT OD	BOARD MEMBER (THRU 12/24)	1.00	Director	$0	$0	$0
MAURINE SETTERGREN	BOARD MEMBER	1.00	Director	$0	$0	$0
CONSTANCE BRADLEY	(NV) INT PRES/SVP & PRES REG MKTS	1.00	Officer	$0	$125,769	$912,293
JERRY M YANG	SVP-CHIEF FINANCIAL OFFICER	2.00	Officer	$0	$138,394	$815,634
JENNIFER REDMAN-SCHELL	SVP & PRESIDENT-AMG	2.00	Key Emp	$0	$105,151	$832,530
ERIC ANDERSON	CHIEF COMPLIANCE OFFICER	2.00	Key Emp	$0	$99,581	$665,424
WILLIAM CARROLL	VP-INFORMATION TECHNOLOGY	2.00	Key Emp	$0	$41,886	$497,503
SIDNEY SCZYGELSKI	SVP OF FINANCE/CFO (FORMER)	2.00		$0	$37,990	$1,508,031
JESSE TISCHER	SVP & PRESIDENT-AWH (FORMER)	0.00		$0	$5,845	$738,824

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	$881,513	$1,282,420	$33,315,448	$-400,907
2025	$881,513	$1,282,420	$33,315,448	$-400,907
2024	No data	No data	No data	No data
2023	$2,350,370	$1,849,927	$32,855,534	$500,443
2022	$1,403,588	$2,686,756	$23,024,138	$-1,283,168
2021	$1,260,245	$829,519	$8,151,333	$430,726
2020	$1,672,406	$761,290	$5,112,077	$911,116
2019	$1,659,238	$796,959	$2,551,484	$862,279
2018	$1,604,968	$795,839	$2,795,404	$809,129

ASPIRUS BUILDINGS INC