philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Aspiring Trips INC FY2024 filing

Not tax-deductible

Jamaica, NY501(c)(7)Recreation & Sports EIN 05-0606895Revenue $572K in FY2024

On file with the IRS15030 86th Ave, 11432-3308 · Jamaica, NYTax-exempt since Jun 2005

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To organize and administer recreational and spiritual retreats for its members

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $6K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$50K
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$572K
+20% vs prior year
Spent
$498K
To programs
0%
Net assets
$69K
By yearFY2021–FY2025
Revenue
$572K
FY2024▲ +20%
Tap a bar for its year
Revenue by fiscal year
FY2021$166K
FY2022$308K
FY2023$477K
FY2024$572K
FY2025$635K
Expenses
$498K
FY2024▼ -0.5%
Tap a bar for its year
Expenses by fiscal year
FY2021$89K
FY2022$321K
FY2023$501K
FY2024$498K
FY2025$720K
Net assets
$69K
FY2024▲ ×16
Tap a bar for its year
Net assets by fiscal year
FY2021$32K
FY2022$19K
FY2023−$5K
FY2024$69K
FY2025−$16K

From the FY2024 Form 990 (year ending May 2024) · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Sandesh Chernenok
Chief Technology Officer, Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Aspiring Trips INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Organizes and administers recreational and spiritual retreats for members.

Questions for Aspiring Trips INC

Tap to ask. Aspiring Trips INC sees how many people are interested.

Your first name shows with your question. Aspiring Trips INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $410K · in their own filed words · FY2023
01

Travel & Exploration Programs

Organized a trip for 654 members in Tirana (Albania), Malta, Pokhara(Nepal), and Koh Samui (Thailand) during Dec 2023- Feb 2024

$340Kprogram expense
02

Travel & Exploration Programs

Annual Aug 2023, Oct 2024 and April 2024 events in New York City for about 720 members

$70Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$572K
Ln 12
Fees for servicesLn 2g$491K
Gifts and grantsLn 1h$82K
Money outPt IX
$498K
Ln 25
Owns and owesPt X
$69K
net assets · Ln 32
Cash and savingsLn 1–2$119K
Total assetsLn 16$119K
LiabilitiesLn 26$50K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$82K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$491K
Total revenueLn 12$572K
Assets in detailPt X, end of year
CashLn 1$119K
Cash and savings togetherLn 1–2$119K
Total assetsLn 16$119K
LiabilitiesLn 26$50K
Net assetsLn 32$69K
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$58K$119K
Total assetsLn 16$58K$119K
LiabilitiesLn 26$63K$50K
Net assetsLn 32−$5K$69K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$3K
Office expensesLn 13$6K
Information technologyLn 14$10K
OccupancyLn 16$24K
TravelLn 17$33K
InterestLn 20$6K
InsuranceLn 23$6K
Other expenses (24a–d)Ln 24$410K
Total functional expensesLn 25$498K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $635K$720K−$85K−$16K 990 PDF
FY2024 Viewing $572K$498K$74K$69K 990 PDF
FY2023 $477K$501K−$24K−$5K 990 PDF
FY2022 $308K$321K−$13K$19K 990 PDF
FY2021 $166K$89K$78K$32K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $572,365 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $64,875$81,750
I-9 Program service revenuePrior year $412,305$490,615
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $477,180$572,365
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $500,990$498,469
I-18 Total expensesPrior year $500,990$498,469
I-19 Revenue less expensesPrior year −$23,810$73,896
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $572,365 across 10 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$81,750
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$81,750
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $490,615 · Unrelated business $0 · Excluded from tax $0$490,615
VIII-12 Total revenueRelated to mission $490,615 · Unrelated business $0 · Excluded from tax $0$572,365
Part IX · Statement of functional expenses $498,469 across 8 lines filed
IX-12 Advertising and promotion$2,882
IX-13 Office expenses$6,476
IX-14 Information technology$10,101
IX-16 Occupancy$23,640
IX-17 Travel$33,486
IX-20 Interest$5,592
IX-23 Insurance$6,422
IX-24 Other expenses (24a–d)$409,870
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$498,469
Part X · Balance sheet $119,063 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $58,213$119,063
X-16 Total assetsStart of year $58,213$119,063
X-24 Unsecured notes and loans payableStart of year $63,075$50,029
X-26 Total liabilitiesStart of year $63,075$50,029
X-32 Total net assets or fund balancesStart of year −$4,862$69,034
X-33 Total liabilities and net assetsStart of year $58,213$119,063
Part XI · Reconciliation of net assets $69,034 net assets at year end
XI-1 Total revenue$572,365
XI-2 Total expenses$498,469
XI-3 Revenue less expenses$73,896
XI-4 Net assets at start of year−$4,862
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$69,034

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.