ASPA ENDOWMENT

🔒

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

1986

Legal Domicile

Principal Officer

WILLIAM P SHIELDS JR

Phone

2023937878

Tax Period

2023-01-01 to 2023-12-31

ASPA ENDOWMENT, founded in 1986, is a small nonprofit that reported $151K in total revenue in fiscal year 2023. Revenue surged 198% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 49% operating margin.

Mission

TO PROVIDE CHARITABLE, EDUCATIONAL AND SCIENTIFIC SUPPORT TO PROMOTE THE IMPROVEMENT OF POLICIES, PROCESSES, PERSONNEL AND INSTITUTIONS OF PUBLIC ADMINISTRATION.

Program Service Accomplishments

Program 1

Expenses: $76,511

TO PROVIDE CHARITABLE, EDUCATIONAL AND SCIENTIFIC SUPPORT TO PROMOTE THE IMPROVEMENT OF POLICIES, PROCESSES, PERSONNEL AND INSTITUTIONS OF PUBLIC ADMINISTRATION, INCLUDING PROVIDING STUDENT...

TO PROVIDE CHARITABLE, EDUCATIONAL AND SCIENTIFIC SUPPORT TO PROMOTE THE IMPROVEMENT OF POLICIES, PROCESSES, PERSONNEL AND INSTITUTIONS OF PUBLIC ADMINISTRATION, INCLUDING PROVIDING STUDENT SCHOLARSHIPS TO ASPA EVENTS, ASSISTING MINORITY UNDERGRADUATE AND GRADUATE STUDENTS IN PURSUING CAREERS IN PUBLIC SERVICE BY PROVIDING OPPORTUNITIES FOR THEM TO PARTICIPATE IN PROFESSIONAL ASSOCIATIONS, AND BUILDING CAPACITY FOR SERVING ASPA'S STUDENT, ACADEMIC AND PRACTITIONER-BASED MEMBERS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $73,305

Program Service Revenue $0

Investment Income $77,386

Other Revenue $0

TOTAL REVENUE $150,691

Expense Breakdown

Grants Paid $13,110

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $76,511

Other Expenses $63,401

TOTAL EXPENSES $76,511

Year-over-Year Comparison

	2023	2022	Change
Revenue	$150,691	$50,582	+2.0%
Expenses	$76,511	$87,413	-0.1%
Net Income	$74,180	$-36,831	-3.0%

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

$227,553

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC HOLZER	CHAIR	1.00	Officer Director	$0	$0	$0
CHERYLE BROOM	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEPHEN CONDREY	SECRETARY	1.00	Officer Director	$0	$0	$0
SYLVESTER MURRAY	TREASURER	1.00	Officer Director	$0	$0	$0
MARIA ARISTIGUETA	DIRECTOR	1.00	Director	$0	$0	$0
DIANE DISNEY	DIRECTOR (UNTIL 4/2023)	1.00	Director	$0	$0	$0
EDWARD JENNINGS	DIRECTOR	1.00	Director	$0	$0	$0
JANICE LACHANCE	DIRECTOR	1.00	Director	$0	$0	$0
JANE PISANO	DIRECTOR	1.00	Director	$0	$0	$0
ALLAN ROSENBAUM	DIRECTOR (UNTIL 3/2023)	1.00	Director	$0	$0	$0
PATRIA DE LANCER JULNES	DIRECTOR (FROM 3/2023)	1.00	Director	$0	$0	$0
WILLIAM P SHIELDS JR	ASPA EXECUTIVE DIRECTOR	1.00	Officer	$0	$28,865	$227,553

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
2024	No data	No data	No data	No data
2023	$150,691	$76,511	$1,041,532	$74,180
2022	$50,582	$87,413	$936,828	$-36,831
2021	$124,492	$65,751	$1,104,337	$58,741
2020	$60,294	$69,860	$978,349	$-9,566
2019	$67,591	$60,696	$882,298	$6,895
2018	$52,356	$84,521	$772,584	$-32,165