Quick charity verification for Aspira Association Inc (EIN: 132627568)
Verdict: Aspira Association Inc appears trustworthy
70/100Mission Score
$1.2MRevenue
$1.2MAssets
2Red Flags
3Strengths
Red Flags
Significant revenue volatility in past years (e.g., $1.8M in 2016 to $291K in 2020)
Consistent operating deficits between 2017 and 2021, leading to asset depletion.
Strengths
Strong financial recovery in recent years, with revenue exceeding expenses in 2023.
No reported officer compensation, indicating excellent executive compensation transparency and efficiency.
Healthy asset-to-liability ratio in the latest filing ($1,393,179 assets vs. $698,218 liabilities).
Spending Breakdown
How Aspira Association Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Aspira Association Inc
Is Aspira Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aspira Association Inc (EIN: 132627568) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Aspira Association Inc a good charity to donate to?
Aspira Association Inc has a Mission Score of 70/100. Revenue: $1.2M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aspira Association Inc?
The Employer Identification Number (EIN) for Aspira Association Inc is 132627568. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Aspira Association Inc spend its money?
Aspira Association Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aspira Association Inc's tax-exempt status?
You can verify Aspira Association Inc's tax-exempt status using EIN 132627568 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Aspira Association Inc. demonstrates a fluctuating financial history, with recent years showing a significant recovery in revenue after a period of decline. In 2023, the organization reported revenues of $965,350 against expenses of $773,529, indicating a positive operating margin. This is a notable improvement from 2019-2021, where expenses consistently outstripped revenue, leading to a depletion of assets. The organization's assets have also seen a decline from a peak of $2,827,806 in 2016 to $1,393,179 in 2023, though they remain substantial relative to current liabilities of $698,218.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The lack of specific NTEE code information makes it challenging to benchmark against similar organizations, but the overall trend in recent years points towards a more stable financial footing.
Transparency regarding executive compensation is excellent, with no officer compensation reported. However, the absence of a detailed functional expense breakdown in the provided data limits a comprehensive assessment of spending efficiency. To further enhance transparency, providing a clear breakdown of program, administrative, and fundraising costs would be beneficial for stakeholders.