HIGH ASPIRATIONS INCORPORATED (EIN 810673432) - 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

2005

Legal Domicile

Principal Officer

Henry Wash

Phone

8163053334

Tax Period

2023-01-01 to 2023-12-31

HIGH ASPIRATIONS INCORPORATED, founded in 2005, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $630K, a strong 49% operating margin.

Mission

High Aspirations currently provides services to African American males ages 8-18 who are interested in making positive life choices. We support them socially emotionally, academically and spiritually.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,307,199

Program Service Revenue $922

Investment Income $1,075

Other Revenue $-22,660

TOTAL REVENUE $1,286,536

Expense Breakdown

Grants Paid $0

Salaries & Benefits $407,945

Fundraising Expenses $55,490

Program Expenses $443,544

Other Expenses $249,075

TOTAL EXPENSES $657,020

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,286,536	$912,904	+0.4%
Expenses	$657,020	$653,021	+0.0%
Net Income	$629,516	$259,883	+1.4%

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

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

$157,662

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Henry W Wash	President and Exec Director	40	Officer	$157,662	$0	$157,662
Jacquelyn Johnson	Mothers' Chair	0	Director	$0	$0	$0
Tyrell Wheeler	Mentors' Chair	0	Director	$0	$0	$0
Jeanette Countee	Advocacy Board	0	Director	$0	$0	$0
David Gershon	Advocacy Board	0	Director	$0	$0	$0
Gayle Krigel	Advocacy Board	0	Director	$0	$0	$0
Anita Maltbia	Advocacy Board	0	Director	$0	$0	$0
Stan Stark	Treasurer	3	Officer Director	$0	$0	$0
John Schmidt	Secretary	3	Officer Director	$0	$0	$0
Dr Lester Blue Jr	Director	1	Director	$0	$0	$0
Peter Clune	Chairman	3	Officer Director	$0	$0	$0
Robert Sniezek	Director	1	Director	$0	$0	$0
Mark Brandmeyer	Director	1	Director	$0	$0	$0
Dana Nelson	Director	2	Director	$0	$0	$0
Ted McKnight	Vice Chairman	1	Officer Director	$0	$0	$0
Michael Carter	Director	1	Director	$0	$0	$0
Bill Dunn Jr	Director	3	Director	$0	$0	$0
Sheka McKeithen	Director	2	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
2024	No data	No data	No data	No data
2023	$1,286,536	$657,020	$3,884,152	$629,516
2022	$912,904	$653,021	$3,249,688	$259,883
2021	$1,130,578	$493,751	$2,992,698	$636,827
2020	$794,078	$380,231	$2,364,036	$413,847
2019	$771,680	$330,335	$1,944,427	$441,345
2018	$1,240,261	$259,553	$1,806,736	$980,708

HIGH ASPIRATIONS INCORPORATED