Aspire Of Western New York Inc
Aspire Of Western New York Inc consistently generates substantial revenue with expenses closely aligned, showing a stable financial position.
EIN: 160757756 · Getzville, NY · NTEE: L80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $95.3M |
| Total Expenses | $82.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $95,283,645 |
| Net Assets | $16.4M |
| Transparency Score | 85/100 |
Is Aspire Of Western 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 →
Aspire Of Western New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aspire Of Western New York Inc
Aspire Of Western New York Inc (EIN: 160757756) is a nonprofit organization based in Getzville, NY, classified under NTEE code L80. The organization reported total revenue of $95.3M and total assets of $42.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aspire Of Western New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aspire Of Western New York Inc is a major nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84.6M |
| Total Expenses | $82.2M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $36.4M |
| Total Liabilities | $20.0M |
| Net Assets | $16.4M |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 54.9% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2023, Aspire Of Western New York Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 54.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aspire Of Western New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.4% | -10.4% | +1.3% |
| 2022 | +36.7% | +23.4% | -3.2% |
| 2021 | +2.7% | +5.5% | +31.4% |
| 2020 | -0.7% | -5.9% | -11.3% |
| 2019 | -0.2% | +3.6% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
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 Of Western 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, Aspire Of Western 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 $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.9%.
Executive Compensation Analysis
The reported officer compensation is consistently 0% across all available filings, which is unusual for an organization of this size (latest revenue $95,283,645). This either indicates that executive compensation is not paid, or it is reported under a different category not captured in the 'Officer Comp' field provided.
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 Of Western New York Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation across all filings, which may warrant further investigation into how executive pay is disclosed or structured for an organization of this scale.
Strengths
The following positive indicators were identified for Aspire Of Western New York Inc:
- Consistent revenue generation, with latest revenue at $95,283,645 and a peak of over $101 million in 202212.
- Healthy asset base, with assets of $36,433,772 in the latest filing.
- Positive net income in most recent periods (e.g., $84,566,764 revenue vs. $82,227,130 expenses in 202312).
- Extensive filing history (13 filings) demonstrating long-term operational stability and transparency.
- Strong asset-to-liability ratio, indicating good financial solvency.
Frequently Asked Questions about Aspire Of Western New York Inc
Is Aspire Of Western New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aspire Of Western New York Inc (EIN: 160757756) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Aspire Of Western New York Inc spend its money?
Aspire Of Western New York Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aspire Of Western New York Inc tax-deductible?
Aspire Of Western New York Inc is registered as a tax-exempt nonprofit (EIN: 160757756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aspire Of Western New York Inc CEO make?
Aspire Of Western New York Inc's highest-compensated officer earns $95,283,645 annually. The organization reported $95.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aspire Of Western New York Inc's spending goes to programs?
Aspire Of Western New York Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aspire Of Western New York Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Aspire Of Western New York Inc is above average for NTEE category L80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aspire Of Western New York Inc located?
Aspire Of Western New York Inc is headquartered in Getzville, New York and files with the IRS under EIN 160757756. It is classified under NTEE code L80.
How many years of IRS 990 filings does Aspire Of Western New York Inc have?
Aspire Of Western 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 $95.3M in total revenue.
Is Aspire Of Western New York Inc a good charity?
Based on the provided financial data, Aspire Of Western New York Inc appears to be a financially stable organization with consistent revenue and expenses. The 0% officer compensation reported across all filings is noteworthy, suggesting either very low administrative overhead in this area or alternative reporting methods. Their consistent financial reporting over 13 periods indicates good transparency.
How has Aspire Of Western New York Inc's revenue trended over time?
Aspire Of Western New York Inc has shown significant revenue growth, increasing from $66,643,987 in 201412 to $84,566,764 in 202312, with a peak of $101,152,023 in 202212. This indicates a strong capacity for fundraising and/or service delivery.
What is the organization's asset-to-liability ratio?
In the latest filing (202312), Aspire Of Western New York Inc had assets of $36,433,772 and liabilities of $20,013,279, resulting in an asset-to-liability ratio of approximately 1.82:1. This indicates a healthy financial position where assets comfortably cover liabilities.
Filing History
IRS 990 filing history for Aspire Of Western New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aspire Of Western New York Inc's revenue has grown by 27.6%, moving from $66.3M to $84.6M. Total assets increased by 21.3% over the same period, from $30.0M to $36.4M. Total functional expenses rose by 24.5%, from $66.0M to $82.2M. In its most recent filing year (2023), Aspire Of Western New York Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $20.0M in liabilities against $36.4M in assets (debt-to-asset ratio: 54.9%), resulting in net assets of $16.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84.6M | $82.2M | $36.4M | $20.0M | — | — |
| 2022 | $101.2M | $91.8M | $36.0M | $22.4M | — | — |
| 2021 | $74.0M | $74.4M | $37.1M | $32.7M | — | View 990 |
| 2020 | $72.0M | $70.5M | $28.3M | $23.8M | — | — |
| 2019 | $72.6M | $74.9M | $31.9M | $29.2M | — | View 990 |
| 2018 | $72.7M | $72.3M | $33.1M | $28.4M | — | View 990 |
| 2017 | $71.8M | $71.9M | $33.0M | $28.6M | — | — |
| 2016 | $71.6M | $71.4M | $36.0M | $31.4M | — | View 990 |
| 2015 | $69.9M | $71.5M | $36.9M | $32.7M | — | View 990 |
| 2014 | $66.6M | $66.1M | $39.2M | $33.7M | — | View 990 |
| 2013 | $65.6M | $67.0M | $29.6M | $25.5M | — | View 990 |
| 2012 | $64.5M | $64.6M | $28.0M | $26.4M | — | View 990 |
| 2011 | $66.3M | $66.0M | $30.0M | $28.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84.6M, expenses of $82.2M, and assets of $36.4M (revenue -16.4% year-over-year).
- 2022: Revenue of $101.2M, expenses of $91.8M, and assets of $36.0M (revenue +36.7% year-over-year).
- 2021: Revenue of $74.0M, expenses of $74.4M, and assets of $37.1M (revenue +2.7% year-over-year).
- 2020: Revenue of $72.0M, expenses of $70.5M, and assets of $28.3M (revenue -0.7% year-over-year).
- 2019: Revenue of $72.6M, expenses of $74.9M, and assets of $31.9M (revenue -0.2% year-over-year).
- 2018: Revenue of $72.7M, expenses of $72.3M, and assets of $33.1M (revenue +1.2% year-over-year).
- 2017: Revenue of $71.8M, expenses of $71.9M, and assets of $33.0M (revenue +0.3% year-over-year).
- 2016: Revenue of $71.6M, expenses of $71.4M, and assets of $36.0M (revenue +2.4% year-over-year).
- 2015: Revenue of $69.9M, expenses of $71.5M, and assets of $36.9M (revenue +4.9% year-over-year).
- 2014: Revenue of $66.6M, expenses of $66.1M, and assets of $39.2M (revenue +1.5% year-over-year).
- 2013: Revenue of $65.6M, expenses of $67.0M, and assets of $29.6M (revenue +1.7% year-over-year).
- 2012: Revenue of $64.5M, expenses of $64.6M, and assets of $28.0M (revenue -2.6% year-over-year).
- 2011: Revenue of $66.3M, expenses of $66.0M, and assets of $30.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aspire Of Western New York Inc:
Data Sources and Methodology
This transparency report for Aspire Of Western 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.