Aspire Foundation
Aspire Foundation consistently breaks even with declining revenue and minimal net assets.
EIN: 205994426 · Kansas City, MO · NTEE: H43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $155K |
| Program Spending | 70% |
| Net Assets | $0 |
| Transparency Score | 45/100 |
Is Aspire Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aspire Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Aspire Foundation
Aspire Foundation (EIN: 205994426) is a nonprofit organization based in Kansas City, MO, classified under NTEE code H43. The organization reported total revenue of $155K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aspire Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aspire Foundation is a small nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $155K |
| Surplus / Deficit | +$0 |
| Total Assets | $36K |
| Total Liabilities | $36K |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2018, Aspire Foundation reported a surplus of $0 with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Aspire Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +35.5% | +35.5% | -70.1% |
| 2017 | -1.9% | -1.9% | -25.7% |
| 2016 | -6.1% | -6.1% | -41.2% |
| 2015 | -56.7% | -56.7% | +4.2% |
| 2014 | -6.4% | -6.4% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Aspire Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Aspire Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Aspire Foundation reports 0% officer compensation across all available filings, suggesting a volunteer-led structure or that compensation is not reported under this category, which is unusual for an organization with its level of revenue.
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 Aspire Foundation's IRS 990 filings:
- Consistent zero net assets (assets equal liabilities) across all reported periods, e.g., $35,786 assets and $35,786 liabilities in 2018.
- Significant decline in total assets from $318,864 in 2012 to $35,786 in 2018.
- Consistent decline in revenue from a peak of $307,390 in 2013 to $155,483 in 2018.
- Expenses consistently match revenue, indicating no surplus generation or reserves.
Strengths
The following positive indicators were identified for Aspire Foundation:
- No reported officer compensation, potentially indicating a volunteer-driven model.
Frequently Asked Questions about Aspire Foundation
Is Aspire Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Aspire Foundation (EIN: 205994426) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Aspire Foundation spend its money?
Aspire Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aspire Foundation tax-deductible?
Aspire Foundation is registered as a tax-exempt nonprofit (EIN: 205994426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Aspire Foundation's spending goes to programs?
Aspire Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Aspire Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Aspire Foundation is near average for NTEE category H43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aspire Foundation located?
Aspire Foundation is headquartered in Kansas City, Missouri and files with the IRS under EIN 205994426. It is classified under NTEE code H43.
How many years of IRS 990 filings does Aspire Foundation have?
Aspire Foundation has 8 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 $155K in total revenue.
Why have Aspire Foundation's assets declined so significantly from $318,864 in 2012 to $35,786 in 2018?
The filings show a consistent decline in assets, mirroring liabilities, indicating that the organization's assets are fully offset by its debts, leaving no net assets.
How does Aspire Foundation manage to operate with expenses consistently matching revenue, and no reported net assets?
The financial data indicates a 'break-even' operational model where all revenue is expended, and assets are fully matched by liabilities, suggesting a very tight financial margin.
What is the breakdown of Aspire Foundation's expenses into program, administrative, and fundraising categories?
The provided IRS 990 data does not offer a detailed breakdown of expenses beyond total revenue and total expenses, making it difficult to assess specific spending efficiency.
Filing History
IRS 990 filing history for Aspire Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Aspire Foundation's revenue has declined by 25%, moving from $207K to $155K. Total assets decreased by 88% over the same period, from $298K to $36K. Total functional expenses fell by 25.2%, from $208K to $155K. In its most recent filing year (2018), Aspire Foundation reported a surplus of $0, with revenue exceeding expenses. The organization holds $36K in liabilities against $36K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $155K | $155K | $36K | $36K | — | View 990 |
| 2017 | $115K | $115K | $120K | $120K | — | View 990 |
| 2016 | $117K | $117K | $161K | $161K | — | View 990 |
| 2015 | $125K | $125K | $274K | $274K | — | View 990 |
| 2014 | $288K | $288K | $263K | $263K | — | View 990 |
| 2013 | $307K | $307K | $310K | $310K | — | View 990 |
| 2012 | $221K | $221K | $319K | $319K | — | View 990 |
| 2011 | $207K | $208K | $298K | $297K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $155K, expenses of $155K, and assets of $36K (revenue +35.5% year-over-year).
- 2017: Revenue of $115K, expenses of $115K, and assets of $120K (revenue -1.9% year-over-year).
- 2016: Revenue of $117K, expenses of $117K, and assets of $161K (revenue -6.1% year-over-year).
- 2015: Revenue of $125K, expenses of $125K, and assets of $274K (revenue -56.7% year-over-year).
- 2014: Revenue of $288K, expenses of $288K, and assets of $263K (revenue -6.4% year-over-year).
- 2013: Revenue of $307K, expenses of $307K, and assets of $310K (revenue +39.2% year-over-year).
- 2012: Revenue of $221K, expenses of $221K, and assets of $319K (revenue +6.5% year-over-year).
- 2011: Revenue of $207K, expenses of $208K, and assets of $298K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aspire Foundation:
Data Sources and Methodology
This transparency report for Aspire Foundation 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.