ASPIRE INC (EIN 870375866) - 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

1978

Legal Domicile

Principal Officer

LORI LARSON

Tax Period

2023-01-01 to 2023-12-31

ASPIRE INC, founded in 1978, is a small nonprofit that reported $207K in total revenue in fiscal year 2023. Expenses of $319K exceeded revenue, resulting in a 54% operating deficit.

Mission

SUPPORT FOR EDUCATIONAL PROGRAMS AT INSTITUTIONS OF HIGHER EDUCATION

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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 $55,593

Program Service Revenue $150,964

Investment Income $570

Other Revenue $0

TOTAL REVENUE $207,127

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,820

Program Expenses $232,605

Other Expenses $318,929

TOTAL EXPENSES $318,929

Year-over-Year Comparison

	2023	2022	Change
Revenue	$207,127	$215,741	0.0%
Expenses	$318,929	$218,539	+0.5%
Net Income	$-111,802	$-2,798	+39.0%

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

N/A

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
JAMIE BAYLES	PRESIDENT	1.00	Officer Director	$0	$0	$0
GREGORY CHRISTIANSEN	UT DIRECTOR	1.00	Director	$0	$0	$0
CARISSA DEMING	SD DIRECTOR	1.00	Director	$0	$0	$0
KELLY KENNEDY	SECRETARY	1.00	Officer Director	$0	$0	$0
LORI LARSON	TREASURER	1.00	Officer Director	$0	$0	$0
ADAM MAES	MT DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA MILLEMON	WY DIRECTOR	1.00	Director	$0	$0	$0
GAVIN NADEAU	ND DIRECTOR	1.00	Director	$0	$0	$0
BARNEY NYE	PAST PRES.	1.00	Officer Director	$0	$0	$0
RAFAEL OROZCO	CO DIRECTOR	1.00	Director	$0	$0	$0
DARIANA ROYBAL	PRES. ELECT	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
2024	No data	No data	No data	No data
2023	$207,127	$318,929	$444,709	$-111,802
2022	$215,741	$218,539	$443,847	$-2,798
2021	$224,768	$164,435	$448,730	$60,333
2020	$209,620	$109,369	$388,417	$100,251
2019	$232,948	$238,290	$290,261	$-5,342

ASPIRE INC