ASPIRE HOUSING INC (EIN 810893994) - 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

2016

Legal Domicile

Principal Officer

GARY SHMERLER

Phone

6085464313

Tax Period

2023-01-01 to 2023-12-31

ASPIRE HOUSING INC, founded in 2016, is a micro nonprofit in the Human Services sector that reported $44K in total revenue in fiscal year 2023. Expenses of $101K exceeded revenue, resulting in a 129% operating deficit.

Mission

ASPIRE HOUSING PROVIDES A HOME FOR INTELLECTUALLY DISABLED ADULTS.

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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 $0

Program Service Revenue $44,145

Investment Income $0

Other Revenue $0

TOTAL REVENUE $44,145

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,197

Other Expenses $101,006

TOTAL EXPENSES $101,006

Year-over-Year Comparison

	2023	2022	Change
Revenue	$44,145	$43,325	+0.0%
Expenses	$101,006	$86,994	+0.2%
Net Income	$-56,861	$-43,669	+0.3%

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
GARY SHMERLER	PRESIDENT	5.00	Officer Director	$0	$0	$0
MARY BETH HAUNTY	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
THOMAS HAUNTY	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JOAN VEGA	DIRECTOR	1.00	Director	$0	$0	$0
BRADLEY DUESLER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL BELL	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA BERKOWITZ	DIRECTOR	1.00	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	$44,145	$101,006	$781,118	$-56,861
2022	$43,325	$86,994	$814,716	$-43,669
2021	$43,120	$83,536	$848,511	$-40,416
2020	$46,780	$80,957	$891,896	$-34,177
2019	$38,775	$82,380	$873,452	$-43,605
2018	$24,750	$44,404	$856,909	$-19,654

ASPIRE HOUSING INC