Aspire Education Project EIN 20-5274459

Aspire Education Project

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Connects every Bay Area child with a transformative educational mentor. For fiscal year 2025 it reported $877K in revenue, $741K in expenses, and $89K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Oakland, CA
Website
www.aspireeducation.org
Filings
6 on file (2020–2025)
Revenue
$877KFY2025
Expenses
$741K
Net assets
$89K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-5274459 Public charity (501(c)(3)) Oakland, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects every Bay Area child with a transformative educational mentor.
Leadership
Jack Woodruff · Board Chair
Money in and out
$877K revenue, $741K expenses
Bottom line
70% program efficiency
Where the money goes · FY2025
Total revenue
$877K
Pt VIII · Ln 12
Total expenses
$741K
Pt IX · Ln 25
Net assets
$89K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $135K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.27 Fundraising $0.03
Program efficiency
70%
of spending reaches programs▲ +4% vs prior filing year
Operating runway
9.5mo
months of highly liquid reserves at operating expense rate▼ -19% vs prior filing year
Surplus margin
+15%
revenue over expenses, this year▲ +538% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$877K
FY2025▲ +64%
Expenses
$741K
FY2025▲ +34%
Total assets
$670K
FY2025▲ +20%
Total liabilities
$581K
FY2025▲ +0.5%
Total revenue
$877K
Pt VIII · Ln 12
Total expenses
$741K
Pt IX · Ln 25
Net assets
$89K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$135K
Total assetsPt X · Ln 16$670K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $520K of program spending, described in the organization's own filed words · FY2024.
01

Aspire education is the bay area's leader in effective supplemental education programming. For nearly 20 years, we have delivered real results to over 15,000 students by connecting them to a small community of educators and mentors stocked with content expertise and emotional intelligence.

$520Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAspire Education Project
EINHdr · item D20-5274459
Principal addressHdr · item COakland, CA
WebsiteHdr · item Jwww.aspireeducation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B92)
Ruling yearIRS BMFJul 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kathleen Mautner’s $101K as Executive Director is at the 84th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Kathleen Mautner$100,885$37,030

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$425K · 48%
Contributions & grants$307K · 35%
Other revenue$126K · 14%
Investment income$19K · 2%
Program service revenue48%$425K
Contributions & grants35%$307K
Other revenue14%$126K
Investment income2%$19K
— government grantsLn 1e$75K
Total revenueLn 12$877K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.27 Fundraising $0.03
Program services70%$520K
Management & general27%$201K
Fundraising3%$21K
Total functional expensesLn 25$741K

Balance Sheet

Part X · end of year
CashLn 1$170K
Total assetsLn 16$670K
Total liabilitiesLn 26$581K
Total net assetsLn 32$89K
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $558K · Operating expenses (Pt IX) $741K · Less non-cash grants $33K · Cash operating expenses/yr $708K
9.5 months
Where the money goes
Program services
Program services $520K · Total expenses $741K
70%
Management & General
Management & general $201K · Total expenses $741K
27%
Fundraising
Fundraising $21K · Total expenses $741K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $23K · Solicited contributions (3-yr avg) $201K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $307K · Total revenue $877K
35%
Government reliance
Government grants $75K · Total revenue $877K
9%
Earned-income share
Program service revenue $425K · Total revenue $877K
48%
Investment reliance
Investment income $19K · Total revenue $877K
+2%
Program self-sufficiency
Program service revenue $425K · Total expenses $741K
57%
Growth & trend
Revenue growth (YoY)
This year $877K · Prior year $534K
+64%
Revenue CAGR
FY2019 $539K · FY2024 $877K
+10%
Net-asset trend (YoY)
End of year $89K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $877K · Expenses $741K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $670K
Net-asset ratio
Net assets $89K · Total assets $670K
13%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $388K · Total assets (Pt X, ln 16) $670K
58%
People & payroll
Highest Reported Total Compensation
Individual Jack Woodruff · Reported title BOARD CHAIR · Highest reported compensation $0 · Total expenses $741K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $561K · Total expenses $741K
76%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 27%
Fundraising cost ratio 7%
Revenue growth 64%
Legal fee ratio 0.2%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$877K revenue · viewing · ⤓ 990 PDF
FY2024$534K revenue · ⤓ 990 PDF
FY2023$399K revenue · ⤓ 990 PDF
FY2022$557K revenue · ⤓ 990 PDF
FY2021$545K revenue · ⤓ 990 PDF
FY2020$539K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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