Aspira Association Inc
Aspira Association Inc. shows financial recovery with increasing revenue and no reported officer compensation.
EIN: 132627568 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $774K |
| Program Spending | 75% |
| Net Assets | $695K |
| Transparency Score | 70/100 |
Is Aspira Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aspira Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aspira Association Inc
Aspira Association Inc (EIN: 132627568) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $1.2M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aspira Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aspira Association Inc is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $965K |
| Total Expenses | $774K |
| Surplus / Deficit | +$192K |
| Total Assets | $1.4M |
| Total Liabilities | $698K |
| Net Assets | $695K |
| Operating Margin | 19.9% |
| Debt-to-Asset Ratio | 50.1% |
| Months of Reserves | 21.6 months |
Financial Health Grade: A
In 2023, Aspira Association Inc reported a surplus of $192K with revenue exceeding expenses, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 50.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aspira Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.7% | -6.6% | -14.1% |
| 2022 | +156.4% | +35.7% | -0.7% |
| 2021 | +9.7% | -6.5% | -14.4% |
| 2020 | -6.7% | -18.2% | -0.2% |
| 2019 | -61.5% | -13.9% | -19.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aspira Association Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Aspira Association Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $192K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.1%.
Executive Compensation Analysis
Aspira Association Inc. consistently reports 0% officer compensation across all available filings, indicating a strong commitment to minimizing executive overhead and directing resources towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Aspira Association Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Aspira Association Inc:
- 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).
Frequently Asked Questions about Aspira Association Inc
Is Aspira Association Inc a legitimate charity?
Aspira Association Inc (EIN: 132627568) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Aspira Association Inc spend its money?
Aspira Association Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Aspira Association Inc tax-deductible?
Aspira Association Inc is registered as a tax-exempt nonprofit (EIN: 132627568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Aspira Association Inc's spending goes to programs?
Aspira Association Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Aspira Association Inc located?
Aspira Association Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 132627568.
How many years of IRS 990 filings does Aspira Association Inc have?
Aspira Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Is Aspira Association Inc. a good charity?
Aspira Association Inc. shows positive signs of financial recovery and excellent transparency regarding executive compensation (0% reported). However, a detailed breakdown of program vs. administrative spending would provide a clearer picture of its overall efficiency.
What caused the significant revenue fluctuations between 2016 and 2021?
The provided data shows a peak revenue of $1,800,648 in 2016, followed by a sharp decline to $291,677 in 2020, before recovering to $965,350 in 2023. The specific reasons for these fluctuations are not detailed in the summary, but such volatility can indicate reliance on specific grants or funding cycles.
How does the organization manage its liabilities?
Liabilities have fluctuated, reaching a high of $1,122,539 in 2021 and decreasing to $698,218 in 2023. With assets of $1,393,179 in 2023, the organization maintains a healthy asset-to-liability ratio, suggesting good financial management in this area.
Filing History
IRS 990 filing history for Aspira Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aspira Association Inc's revenue has declined by 57.1%, moving from $2.2M to $965K. Total assets decreased by 39.1% over the same period, from $2.3M to $1.4M. Total functional expenses fell by 65.9%, from $2.3M to $774K. In its most recent filing year (2023), Aspira Association Inc reported a surplus of $192K, with revenue exceeding expenses. The organization holds $698K in liabilities against $1.4M in assets (debt-to-asset ratio: 50.1%), resulting in net assets of $695K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $965K | $774K | $1.4M | $698K | — | — |
| 2022 | $821K | $829K | $1.6M | $1.1M | — | View 990 |
| 2021 | $320K | $611K | $1.6M | $1.1M | — | — |
| 2020 | $292K | $653K | $1.9M | $1.1M | — | View 990 |
| 2019 | $313K | $798K | $1.9M | $732K | — | View 990 |
| 2018 | $812K | $927K | $2.4M | $789K | — | View 990 |
| 2017 | $809K | $1.1M | $2.6M | $929K | — | View 990 |
| 2016 | $1.8M | $1.6M | $2.8M | $976K | — | View 990 |
| 2015 | $2.0M | $1.4M | $2.2M | $515K | — | View 990 |
| 2014 | $1.3M | $1.4M | $1.5M | $429K | — | View 990 |
| 2013 | $1.0M | $1.4M | $1.8M | $640K | — | View 990 |
| 2012 | $1.3M | $1.5M | $2.2M | $809K | — | View 990 |
| 2011 | $2.2M | $2.3M | $2.3M | $794K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $965K, expenses of $774K, and assets of $1.4M (revenue +17.7% year-over-year).
- 2022: Revenue of $821K, expenses of $829K, and assets of $1.6M (revenue +156.4% year-over-year).
- 2021: Revenue of $320K, expenses of $611K, and assets of $1.6M (revenue +9.7% year-over-year).
- 2020: Revenue of $292K, expenses of $653K, and assets of $1.9M (revenue -6.7% year-over-year).
- 2019: Revenue of $313K, expenses of $798K, and assets of $1.9M (revenue -61.5% year-over-year).
- 2018: Revenue of $812K, expenses of $927K, and assets of $2.4M (revenue +0.3% year-over-year).
- 2017: Revenue of $809K, expenses of $1.1M, and assets of $2.6M (revenue -55.0% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.6M, and assets of $2.8M (revenue -8.5% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.4M, and assets of $2.2M (revenue +54.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $1.5M (revenue +25.8% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.4M, and assets of $1.8M (revenue -22.1% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.5M, and assets of $2.2M (revenue -42.2% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.3M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aspira Association Inc:
Data Sources and Methodology
This transparency report for Aspira Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.