Aspire Health Partners Properties Inc (EIN 593760157) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Principal Officer

BABETTE HANKEY

Phone

4072450045

Tax Period

2022-07-01 to 2023-06-30

Aspire Health Partners Properties Inc, founded in 2002, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2022. Revenue surged 1745% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 21% operating margin.

Mission

LEASE OF PROPERTY AND SUPPORT OF ASPIRE HEALTH PARTNERS, INC., A RELATED TAX-EXEMPT ENTITY.

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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 $1,202

Program Service Revenue $310,200

Investment Income $0

Other Revenue $5,931,734

TOTAL REVENUE $6,243,136

Expense Breakdown

Grants Paid $4,254,065

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,882,149

Other Expenses $674,025

TOTAL EXPENSES $4,928,090

Year-over-Year Comparison

	2022	2021	Change
Revenue	$6,243,136	$338,400	+17.4%
Expenses	$4,928,090	$648,006	+6.6%
Net Income	$1,315,046	$-309,606	-5.2%

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

$880,420

Total Directors

$810,823

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BABETTE HANKEY	PRESIDENT/CEO	1.0	Officer Director	$0	$37,346	$436,707
LINDA DAMM	CHIEF FINANCIAL OFFICER	1.0	Officer	$0	$36,289	$234,312
SCOTT GRIFFITHS	CHAIRPERSON	1.0	Officer Director	$0	$19,600	$209,401
CHRISTINE SUEHLE	DIRECTOR	1.0	Director	$0	$13,271	$164,715
PAUL BRYAN	DIRECTOR	1.0	Director	$0	$0	$0
CARLOS MORRELL	TREASURER/SECRETARY	1.0	Officer Director	$0	$0	$0
JEFFERSON VOSS	DIRECTOR	1.0	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
2023	$6,243,136	$4,928,090	No data	$1,315,046
2022	$338,400	$648,006	$4,461,035	$-309,606
2021	$341,100	$765,815	$4,691,229	$-424,715
2020	$342,000	$397,439	$5,052,169	$-55,439
2019	$330,833	$454,154	$5,360,522	$-123,321
2018	$302,000	$558,224	$5,477,980	$-256,224

Aspire Health Partners Properties Inc