Aspire Inc

EIN: 460281585 501(c)(3) Employment

Aberdeen, SD

Total Revenue
$11,655,088
Total Expenses
$10,448,568
Total Assets
$11,157,660
Net Assets
$10,238,137
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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
1965
Legal Domicile
SD
Principal Officer
Jennifer Gray
Phone
6052290263
Tax Period
2024-07-01 to 2025-06-30

Aspire Inc, founded in 1965, is a mid-sized nonprofit in the Employment sector that reported $11.7M in total revenue in fiscal year 2024. Expenses of $10.4M left a modest 10% surplus.

Mission

We empower adults with disabilities to lead fulfilling lives. We are committed to creating a community where all people are valued and accepted.

Program Service Accomplishments

Program 1
Expenses: $9,226,980 Revenue: $11,237,044

Aspire is dedicated to providing quality services to adults with developmental disabilities. An interdisciplinary team process is used to support our participants to discover their unique goals...

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Aspire is dedicated to providing quality services to adults with developmental disabilities. An interdisciplinary team process is used to support our participants to discover their unique goals. Independent decision-making and self-advocacy are encouraged to every extent possible. We structure services to help each individual to live a meaningful life, as they personally define it. This may include supports to obtain and maintain employment or assistance to attend and participate in day activities in a facility or community based setting. Aspire offers various levels or residential supports including group, supervised, and monitored. Nursing case management is offered, along with transportation options for most services, including medical transportation.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $114,509
Program Service Revenue $11,237,044
Investment Income $303,535
Other Revenue $0
TOTAL REVENUE $11,655,088

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,179,024
Fundraising Expenses $0
Program Expenses $9,226,980
Other Expenses $1,269,544
TOTAL EXPENSES $10,448,568

Year-over-Year Comparison

2024 2023 Change
Revenue $11,655,088 $11,393,481 +0.0%
Expenses $10,448,568 $9,607,795 +0.1%
Net Income $1,206,520 $1,785,686 -0.3%
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

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Governance

Voting Members
9
Independent Members
9
Employees
186
Volunteers
20

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
$255,813
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Millett President (Until July) 1.00
Officer Director
$0 $0 $0
Lisa German President (As Of July ) 1.00
Officer Director
$0 $0 $0
Robyn Ewalt Vice President 1.00
Officer Director
$0 $0 $0
Zack Peterson Director 1.00
Director
$0 $0 $0
Krissy Epp Director 1.00
Director
$0 $0 $0
Cate Diede Director 1.00
Director
$0 $0 $0
J'aime Matthews Director 1.00
Director
$0 $0 $0
Ryan Schimke Director 1.00
Director
$0 $0 $0
Dave Taffe Director 1.00
Director
$0 $0 $0
Kristin Kroell Director 1.00
Director
$0 $0 $0
Jennifer Gray Executive Director 40.00
Officer
$115,998 $18,278 $134,276
Beth Day Director of Finance 40.00
Officer
$93,915 $27,622 $121,537
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 $11,655,088 $10,448,568 $11,157,660 $1,206,520
2024 $11,393,481 $9,607,795 $10,041,287 $1,785,686
2023 $10,074,580 $9,032,137 $8,707,222 $1,042,443
2022 $8,030,066 $7,546,321 $9,447,713 $483,745
2021 $8,958,293 $6,454,683 $6,522,541 $2,503,610
2020 $6,196,329 $5,979,564 $4,831,813 $216,765
2019 $6,147,202 $5,816,537 $3,660,329 $330,665
2018 $5,918,038 $5,688,963 $3,393,950 $229,075
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