AUSTIN ASPIRES INC

EIN: 465424422 501(c)(3) Community Improvement

AUSTIN, MN

Total Revenue
$634,050
Total Expenses
$568,911
Total Assets
$577,729
Net Assets
$552,548
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MN
Principal Officer
SHERI DANKERT
Phone
5074370920
Tax Period
2025-01-01 to 2025-12-31

AUSTIN ASPIRES INC, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $634K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $569K left a modest 10% surplus.

Mission

AUSTIN ASPIRES WILL BRING TOGETHER COMMUNITY RESOURCES AND FAMILIES TO CHALLENGE ALL LEARNERS TO SEEK EXCELLENCE AND EQUIP THEM TO ACHIEVE RESULTS THROUGH SHARED COMMUNITY VISION, EVIDENCE-BASED DECISION MAKILNG, COLLABORATIVE ACTION, AND INVESTMENT AND SUSTAINABILITY.

Program Service Accomplishments

Program 1
Expenses: $372,074

AUSTIN ASPIRES WILL BRING TOGETHER COMMUNITY RESOURCES AND FAMILIES TO CHALLENGE ALL LEARNERS TO SEEK EXCELLENCE AND EQUIP THEM TO ACHIEVE RESULTS THROUGH SHARED COMMUNITY VISION, EVIDENCE BASED...

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AUSTIN ASPIRES WILL BRING TOGETHER COMMUNITY RESOURCES AND FAMILIES TO CHALLENGE ALL LEARNERS TO SEEK EXCELLENCE AND EQUIP THEM TO ACHIEVE RESULTS THROUGH SHARED COMMUNITY VISION, EVIDENCE BASED DECISION MAKING, COLLABORATIVE ACTION, AND INVESTMENT AND SUSTAINABILITY. DURING THE 2024-2025 SCHOOL YEAR, STAFF IN OUR ASPIRES LEADERS OF TOMORROW(A.L.O.T.) PROGRAM, WORKED INTENTIONALLY WITH 314 YOUTH IN MORE THAN 3,000 INTERACTIONS. 86.1% WERE SCHOLARS OF COLOR, 74% CAME FROM FAMILIES LIVING IN POVERTY. 45% HAD LEARNING ENGLISH AS A SECOND LANGUAGE.

Program 2
Expenses: $65,113

539 FAMILIES WITH CHILDREN PRENATAL THROUGH AGE 5 RECEIVED SUPPORT THROUGH OUR EARLY CHILDHOOD PROGRAM. IN THIS PROGRAM, FAMILIES ARE CONNECTED TO NEEDED RESOURCES TO ENSURE THEIR CHILD GET THE BEST...

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539 FAMILIES WITH CHILDREN PRENATAL THROUGH AGE 5 RECEIVED SUPPORT THROUGH OUR EARLY CHILDHOOD PROGRAM. IN THIS PROGRAM, FAMILIES ARE CONNECTED TO NEEDED RESOURCES TO ENSURE THEIR CHILD GET THE BEST EARLY LEARNING EXPERIENCE POSSIBLE. THIS INCLUDES CONNNECTION TO CHILDCARE, PRESCHOOL, BASIC NEEDS RESOURCES AND MORE. SOME OF THESE CONNECTIONS HAPPENED THROUGH A RELATIONSHIP WITH MAYO CLINIC HEALTH SYSTEM, IN WHICH OUR EARLY CHILDHOOD NAVIGATOR WORKS COLLABORATIVELY WITH THE MAYO STAFF TO PROVIDE WRAP AROUND SUPPORT TO FAMILIES.

Program 3
Expenses: $27,905

DURING THE 2024-2025 ACADEMIC SCHOOL YEAR, 24 YOUTH WERE SERVED THROUGH TUTORING. TUTORING WAS PROVIDED AT NO COST TO THE CHILD OR FAMILY. QUALIFED TUTORS PROVIDED SUPPORT TO THESE SCHOLARS IN PUBLIC...

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DURING THE 2024-2025 ACADEMIC SCHOOL YEAR, 24 YOUTH WERE SERVED THROUGH TUTORING. TUTORING WAS PROVIDED AT NO COST TO THE CHILD OR FAMILY. QUALIFED TUTORS PROVIDED SUPPORT TO THESE SCHOLARS IN PUBLIC SPACES INCLUDING THE YMCA, LIBRARY, THE CHILD'S SCHOOL, AND THE ASPIRES' OFFICE. FAMILIES REPORTED THAT THEY SAW AN INCREASE IN THEIR CHILDREN'S GRADES, COMPLETED WORK TURNED IN, AND ATTITUDE TOWARDS SCHOOL AFTER THEIR CHILD BEGAN WORKING WITH A TUTOR. AUSTIN ASPIRES, INC STARTED A MENTORSHIP PROGRAM IN 2024. 4 MENTOR/MENTEE RELATIONSHIPS HAPPENED IN 2025. MUCH OF 2025 WAS SPENT ESTABLISHING THE PROGRAM, INCLUDING THE STRUCTURE IN WHICH VOLUNTEERS APPLY, ARE SCREENED AND MATCHED WITH A YOUTH.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $627,518
Program Service Revenue $0
Investment Income $6,532
Other Revenue $0
TOTAL REVENUE $634,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $470,487
Fundraising Expenses $0
Program Expenses $465,092
Other Expenses $98,424
TOTAL EXPENSES $568,911

Year-over-Year Comparison

2025 2024 Change
Revenue $634,050 $531,172 +0.2%
Expenses $568,911 $725,969 -0.2%
Net Income $65,139 $-194,797 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
10
Volunteers
87

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
4
$0
Total Directors
12
$144,241
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAYNE GIBSON Executive Dir. 40.00
Director
$107,458 $4,449 $111,907
MICHELLE BAKER NEW EXEC DIRECT 40.00
Director
$31,365 $969 $32,334
SHERI DANKERT Treasurer 2.00
Officer Director
$0 $0 $0
JILL ANDREWS Board Member 2.00
Director
$0 $0 $0
VARINH VAN VUGT Secretary 2.00
Officer Director
$0 $0 $0
JON ERICHSON Board Member 2.00
Director
$0 $0 $0
THAD KUSICK President 3.00
Officer Director
$0 $0 $0
JENNIFER GOINS Board Member 2.00
Director
$0 $0 $0
PAUL THOMPSON Board Member 2.00
Director
$0 $0 $0
CECE KROC Board Member 2.00
Director
$0 $0 $0
GEMECHU OLANA Board Member 2.00
Director
$0 $0 $0
AMY NOTERMANN Vice President 2.00
Officer 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 $634,050 $568,911 $577,729 $65,139
2024 $531,172 $725,969 $515,842 $-194,797
2023 $808,850 $820,235 $704,390 $-11,385
2022 $616,744 $503,961 $707,537 $112,783
2021 $528,955 $546,768 $561,060 $-17,813
2020 $459,270 $390,819 $388,555 $68,451
2019 $223,565 $204,672 $320,077 $18,893
2018 $188,468 $176,873 $301,160 $11,595
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