Aspire Foundation Inc (EIN 460403797) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

Rebecca Ronayne

Phone

6052290263

Tax Period

2024-07-01 to 2025-06-30

Aspire Foundation Inc, founded in 1989, is a small nonprofit that reported $129K in total revenue in fiscal year 2022. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $84K, a strong 66% operating margin.

Mission

To provide financial support for Aspire, Inc.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $130,628

Program Service Revenue $1,300

Investment Income $68,465

Other Revenue $56,342

TOTAL REVENUE $256,735

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,441

Fundraising Expenses $0

Program Expenses $51,128

Other Expenses $6,821

TOTAL EXPENSES $54,262

Year-over-Year Comparison

	2024	2023	Change
Revenue	$256,735	$210,461	+0.2%
Expenses	$54,262	$50,211	+0.1%
Net Income	$202,473	$160,250	+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

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
Jennifer Gray	Executive Director	1.00	Officer	$0	$0	$0
Janae Hamilton	Development Director	20.00	Officer	$0	$0	$0
Duane Sutton	President	1.00	Officer Director	$0	$0	$0
Kelli Fischer	Vice President	1.00	Officer Director	$0	$0	$0
Rebecca Ronayne	Secretary/Treasurer	1.00	Officer Director	$0	$0	$0
Eldon Swingler	Director	1.00	Director	$0	$0	$0
Larry Olson	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
Mike Carrels	Director	1.00	Director	$0	$0	$0
Zach Harry	Director	1.00	Director	$0	$0	$0
Pierce Kettering	Director (July-Oct)	1.00	Director	$0	$0	$0
Tom Paepke	Director (thru Sept)	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
2025	$256,735	$54,262	$1,018,795	$202,473
2024	$210,461	$50,211	$799,545	$160,250
2023	$128,584	$44,247	$569,934	$84,337

Aspire Foundation Inc