ASPIRE ACADEMY FOR SOCIAL PURPOSE … - Form 990 Financial Data

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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

2014

Legal Domicile

Principal Officer

DAVID K HASPEL

Phone

3102298966

Tax Period

2022-01-01 to 2022-12-31

Mission

THE ACADEMY FOR SOCIAL PURPOSE IN RESPONSIBLE ENTERTAINMENT (ASPIRE) PARTNERS WITH UNIVERSITIES, COMMUNITY ORGANIZATIONS, SCHOLARS, AND ACTIVISTS TO ADVOCATE FOR SUSTAINABILITY AND SOCIAL JUSTICE THROUGH MEDIA- FOCUSED TEACHING AND RESEARCH. ASPIRE TEACHES DIGITAL MEDIA PRODUCTION TO UNDERGRADUATES OF ALL MAJORS TO ENHANCE THEIR LIFELONG CAPACITIES TO UNDERTAKE SOCIAL ISSUE ADVOCACY.

Program Service Accomplishments

Program 1

Expenses: $20,000

THE ACADEMY FOR SOCIAL PURPOSE IN RESPONSIBLE ENTERTAINMENT (ASPIRE) PARTNERS WITH UNIVERSITIES, COMMUNITY ORGANIZATIONS, SCHOLARS, AND ACTIVISTS TO ADVOCATE FOR SUSTAINABILITY AND SOCIAL JUSTICE...

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,549

Other Expenses $1,749

TOTAL EXPENSES $21,749

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	N/A	N/A
Expenses	$21,749	$35,011	-0.4%
Net Income	N/A	$-35,011	N/A

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
DAVID K HASPEL	CHAIRMAN	N/A	Officer	$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
2022	No data	$21,749	$205,489	No data
2021	No data	$35,011	$227,238	No data
2020	$250,000	$6,443	$256,220	$243,557

ASPIRE ACADEMY FOR SOCIAL PURPOSE IN RESPONSIBLE ENTERTAINMENT INC