AspireConservatory of Fine & Performing Arts Inc (EIN 841978257) - 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

2019

Legal Domicile

Principal Officer

Janet D Hartley

Phone

7405342656

Tax Period

2025-01-01 to 2025-12-31

AspireConservatory of Fine & Performing Arts Inc, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $292K in total revenue in fiscal year 2025. Expenses of $262K left a modest 10% surplus.

Mission

Aspire educates students in the arts by offerings lessons in piano, voice, guitar, folk instruments, orchestra strings, woodwinds, brass and percussion, as well as theatre to youth and adult students. Aspire also conducts an after school art program at a local elementary school.

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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 (2025)

Revenue Breakdown

Contributions & Grants $4,879

Program Service Revenue $284,475

Investment Income $2,681

Other Revenue $0

TOTAL REVENUE $292,035

Expense Breakdown

Grants Paid $1,800

Salaries & Benefits $181,712

Fundraising Expenses $0

Program Expenses $254,501

Other Expenses $78,163

TOTAL EXPENSES $261,675

Year-over-Year Comparison

	2025	2024	Change
Revenue	$292,035	$280,119	+0.0%
Expenses	$261,675	$242,913	+0.1%
Net Income	$30,360	$37,206	-0.2%

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

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

$51,803

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Janet D Hartley	Treasurer	50.00	Officer	$51,803	$0	$51,803
Rita Hartley	Director	3.00	Director	$0	$0	$0
Jim King	Director	3.00	Director	$0	$0	$0
Jennifer Hulett	President	3.00	Officer	$0	$0	$0
Karen Hopkins	Vice President	3.00	Officer	$0	$0	$0
Catherine Hughes	Secretary	3.00	Officer	$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	$292,035	$261,675	$228,015	$30,360
2024	$280,119	$242,913	$197,811	$37,206
2023	$295,157	$255,404	$159,911	$39,753
2022	$325,455	$280,652	$121,956	$44,803
2021	$248,340	$186,408	$77,386	$61,932

AspireConservatory of Fine & Performing Arts Inc