Aspire Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 170,000 | 122,591 | 47,409 | 4.6 | 42% |
| 2022 | 3,350,000 | 866,448 | 2,483,552 | 35.9 | 61% |
| 2023 | 571,500 | 1,609,131 | −1,037,631 | 11.0 | 56% |
In its most recent public year (2023), this organization spent $1,037,631 more than it brought in. Its reserves stood at about 11 months of spending, up from 4.6 in 2021. Staff pay was 56% of spending. $886,967 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Aspire Institute Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works