Aspira Of New York,Inc
Aspira Of New York, Inc. shows consistent revenue growth and positive net assets, with no reported officer compensation.
EIN: 136204790 · New York, NY · NTEE: P300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $7.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Aspira Of New York,Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aspira Of New York,Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aspira Of New York,Inc
Aspira Of New York,Inc (EIN: 136204790) is a nonprofit organization based in New York, NY, classified under NTEE code P300. The organization reported total revenue of $8.6M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aspira Of New York,Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aspira Of New York,Inc is a mid-size nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.6M |
| Total Expenses | $7.9M |
| Surplus / Deficit | +$627K |
| Total Assets | $3.8M |
| Total Liabilities | $2.8M |
| Net Assets | $1.0M |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 72.5% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Aspira Of New York,Inc reported a surplus of $627K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 72.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aspira Of New York,Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +4.4% | -10.6% |
| 2022 | +15.4% | +19.2% | +30.7% |
| 2021 | -6.8% | -9.3% | +11.0% |
| 2020 | -15.5% | -18.6% | +41.3% |
| 2019 | +17.8% | +9.2% | +19.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1966 |
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 Of New York,Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Aspira Of New York,Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $627K, with revenue exceeding expenses.
- Debt-to-asset ratio: 72.5%.
Executive Compensation Analysis
Aspira Of New York, Inc. consistently reports 0% for officer compensation across all available fiscal periods, indicating that its executive leadership is either unpaid or compensated through non-officer categories, which is highly unusual for an organization with annual revenues exceeding $8 million.
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 Of New York,Inc's IRS 990 filings:
- Significant increase in liabilities from $98,320 in 2014 to $2,765,333 in 2023, which needs further explanation.
- Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided summary data, making precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Aspira Of New York,Inc:
- Consistent revenue generation, with latest revenue at $8,573,820.
- Positive net assets, with assets of $3,813,061 exceeding liabilities of $2,765,333 in 2023.
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- History of 13 IRS 990 filings, demonstrating transparency and compliance.
- Recent trend of revenues exceeding expenses, indicating operational stability and financial surpluses (e.g., $8,568,081 revenue vs. $7,940,746 expenses in 2023).
Frequently Asked Questions about Aspira Of New York,Inc
Is Aspira Of New York,Inc a legitimate charity?
Aspira Of New York,Inc (EIN: 136204790) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.6M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Aspira Of New York,Inc spend its money?
Aspira Of New York,Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Aspira Of New York,Inc tax-deductible?
Aspira Of New York,Inc is registered as a tax-exempt nonprofit (EIN: 136204790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aspira Of New York,Inc CEO make?
Aspira Of New York,Inc's highest-compensated officer earns $8 annually. The organization reported $8.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aspira Of New York,Inc's spending goes to programs?
Aspira Of New York,Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aspira Of New York,Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Aspira Of New York,Inc is above average for NTEE category P300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aspira Of New York,Inc located?
Aspira Of New York,Inc is headquartered in New York, New York and files with the IRS under EIN 136204790. It is classified under NTEE code P300.
How many years of IRS 990 filings does Aspira Of New York,Inc have?
Aspira Of New York,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 $8.6M in total revenue.
Is Aspira Of New York, Inc. a good charity?
Based on the provided data, Aspira Of New York, Inc. appears to be a financially stable organization with consistent revenue generation and positive net assets. The absence of reported officer compensation is a significant positive indicator of efficiency and dedication to its mission. However, a full assessment would require detailed program spending ratios and an understanding of the increasing liabilities.
What is the trend in Aspira Of New York, Inc.'s financial health?
Aspira Of New York, Inc. has shown a positive trend in revenue growth and asset accumulation over the past decade. While there were periods of expense exceeding revenue (e.g., 2017-2019), the organization has consistently generated surpluses in recent years (2021-2023), indicating improving financial health and operational stability.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation on the IRS 990 filings suggests that the organization's top leadership may be entirely volunteer-based, or their compensation is categorized differently within the 990, or paid by an affiliated entity. This practice, if truly unpaid, is highly efficient for a charity of this size.
How have the organization's assets and liabilities changed over time?
Assets have grown significantly from $677,105 in 2014 to $3,813,061 in 2023. Concurrently, liabilities have also increased substantially from $98,320 in 2014 to $2,765,333 in 2023. While assets still exceed liabilities, the rapid growth in liabilities warrants further investigation.
Filing History
IRS 990 filing history for Aspira Of New York,Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aspira Of New York,Inc's revenue has grown by 174%, moving from $3.1M to $8.6M. Total assets increased by 366.8% over the same period, from $817K to $3.8M. Total functional expenses rose by 154.8%, from $3.1M to $7.9M. In its most recent filing year (2023), Aspira Of New York,Inc reported a surplus of $627K, with revenue exceeding expenses. The organization holds $2.8M in liabilities against $3.8M in assets (debt-to-asset ratio: 72.5%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.6M | $7.9M | $3.8M | $2.8M | — | View 990 |
| 2022 | $7.8M | $7.6M | $4.3M | $3.8M | — | View 990 |
| 2021 | $6.8M | $6.4M | $3.3M | $3.0M | — | View 990 |
| 2020 | $7.3M | $7.0M | $2.9M | $3.1M | — | View 990 |
| 2019 | $8.6M | $8.7M | $2.1M | $2.4M | — | View 990 |
| 2018 | $7.3M | $7.9M | $1.7M | $2.0M | — | View 990 |
| 2017 | $9.0M | $9.2M | $1.4M | $1.0M | — | View 990 |
| 2016 | $8.9M | $8.7M | $2.1M | $1.2M | — | View 990 |
| 2015 | $5.5M | $5.4M | $1.4M | $627K | — | View 990 |
| 2014 | $3.9M | $3.6M | $677K | $98K | — | View 990 |
| 2013 | $3.0M | $2.9M | $495K | $217K | — | View 990 |
| 2012 | $2.4M | $2.5M | $562K | $384K | — | View 990 |
| 2011 | $3.1M | $3.1M | $817K | $532K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.6M, expenses of $7.9M, and assets of $3.8M (revenue +9.8% year-over-year).
- 2022: Revenue of $7.8M, expenses of $7.6M, and assets of $4.3M (revenue +15.4% year-over-year).
- 2021: Revenue of $6.8M, expenses of $6.4M, and assets of $3.3M (revenue -6.8% year-over-year).
- 2020: Revenue of $7.3M, expenses of $7.0M, and assets of $2.9M (revenue -15.5% year-over-year).
- 2019: Revenue of $8.6M, expenses of $8.7M, and assets of $2.1M (revenue +17.8% year-over-year).
- 2018: Revenue of $7.3M, expenses of $7.9M, and assets of $1.7M (revenue -18.9% year-over-year).
- 2017: Revenue of $9.0M, expenses of $9.2M, and assets of $1.4M (revenue +0.9% year-over-year).
- 2016: Revenue of $8.9M, expenses of $8.7M, and assets of $2.1M (revenue +60.4% year-over-year).
- 2015: Revenue of $5.5M, expenses of $5.4M, and assets of $1.4M (revenue +40.6% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.6M, and assets of $677K (revenue +32.3% year-over-year).
- 2013: Revenue of $3.0M, expenses of $2.9M, and assets of $495K (revenue +25.8% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.5M, and assets of $562K (revenue -24.2% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.1M, and assets of $817K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aspira Of New York,Inc:
Data Sources and Methodology
This transparency report for Aspira Of New York,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.