The Aspen Grove Fondation
EIN: 237921981 · Wilmington, DE · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $71K |
| Net Assets | $742K |
Is The Aspen Grove Fondation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Aspen Grove Fondation
The Aspen Grove Fondation (EIN: 237921981) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22Z. The organization reported total revenue of $140K and total assets of $710K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Aspen Grove Fondation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Aspen Grove Fondation is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $274K |
| Total Expenses | $71K |
| Surplus / Deficit | +$203K |
| Total Assets | $742K |
| Total Liabilities | $1 |
| Net Assets | $742K |
| Operating Margin | 74.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 125.6 months |
Financial Health Grade: A
In 2023, The Aspen Grove Fondation reported a surplus of $203K with revenue exceeding expenses, holds 125.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Aspen Grove Fondation's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2067.2% | -39.8% | +38.0% |
| 2022 | +82.1% | +16.5% | -16.3% |
| 2021 | -57.8% | +7.1% | -12.8% |
| 2020 | +63.5% | +61.4% | -10.1% |
| 2019 | -51.7% | -10.3% | -15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Aspen Grove Fondation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Aspen Grove Fondation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $203K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Aspen Grove Fondation
Is The Aspen Grove Fondation a legitimate charity?
The Aspen Grove Fondation (EIN: 237921981) is a registered tax-exempt nonprofit based in Delaware. It has 10 years of IRS 990 filings on record. Total revenue: $140K. No red flags identified. Financial health grade: A.
How does The Aspen Grove Fondation spend its money?
The Aspen Grove Fondation reported $140K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Aspen Grove Fondation tax-deductible?
The Aspen Grove Fondation is registered as a tax-exempt nonprofit (EIN: 237921981). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Aspen Grove Fondation located?
The Aspen Grove Fondation is headquartered in Wilmington, Delaware and files with the IRS under EIN 237921981. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does The Aspen Grove Fondation have?
The Aspen Grove Fondation has 10 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 $140K in total revenue.
Filing History
IRS 990 filing history for The Aspen Grove Fondation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Aspen Grove Fondation's revenue has grown by 390.9%, moving from $56K to $274K. Total assets decreased by 15% over the same period, from $873K to $742K. Total functional expenses fell by 22.6%, from $92K to $71K. In its most recent filing year (2023), The Aspen Grove Fondation reported a surplus of $203K, with revenue exceeding expenses. The organization holds $1 in liabilities against $742K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $742K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $274K | $71K | $742K | $1 | — | View 990 |
| 2022 | $13K | $118K | $538K | $1 | — | View 990 |
| 2021 | $7K | $101K | $643K | $1 | — | View 990 |
| 2020 | $16K | $94K | $737K | $1 | — | View 990 |
| 2019 | $10K | $58K | $820K | $5K | — | View 990 |
| 2015 | $21K | $65K | $972K | $5K | — | View 990 |
| 2014 | $22K | $52K | $1.0M | $5K | — | View 990 |
| 2013 | $144K | $55K | $1.0M | $5K | — | View 990 |
| 2012 | $133K | $49K | $957K | $5K | — | View 990 |
| 2011 | $56K | $92K | $873K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $274K, expenses of $71K, and assets of $742K (revenue +2067.2% year-over-year).
- 2022: Revenue of $13K, expenses of $118K, and assets of $538K (revenue +82.1% year-over-year).
- 2021: Revenue of $7K, expenses of $101K, and assets of $643K (revenue -57.8% year-over-year).
- 2020: Revenue of $16K, expenses of $94K, and assets of $737K (revenue +63.5% year-over-year).
- 2019: Revenue of $10K, expenses of $58K, and assets of $820K (revenue -51.7% year-over-year).
- 2015: Revenue of $21K, expenses of $65K, and assets of $972K (revenue -4.8% year-over-year).
- 2014: Revenue of $22K, expenses of $52K, and assets of $1.0M (revenue -84.8% year-over-year).
- 2013: Revenue of $144K, expenses of $55K, and assets of $1.0M (revenue +8.0% year-over-year).
- 2012: Revenue of $133K, expenses of $49K, and assets of $957K (revenue +139.1% year-over-year).
- 2011: Revenue of $56K, expenses of $92K, and assets of $873K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Aspen Grove Fondation:
Data Sources and Methodology
This transparency report for The Aspen Grove Fondation 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.