Aster INC EIN 20-8192679

Aster INC

EIN  20-8192679 Public charity (501(c)(3)) Eugene, OR Founded 2007
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides affordable homes for families in need.
Leadership
Money in and out
$313K revenue, $482K expenses
Bottom line
86% program efficiency

Provides affordable homes for families in need. For fiscal year 2025 it reported $313K in revenue, $482K in expenses, and $4.0M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$313K
Pt VIII · Ln 12
Total expenses
$482K
Pt IX · Ln 25
Net assets
$4.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$169K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs0% vs prior filing year
Operating runway
7.0mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
-54%
revenue over expenses, this year▲ +21% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$313K
FY2025▲ +9%
Expenses
$482K
FY20250%
Total assets
$4.0M
FY2025▼ -4%
Total liabilities
$55K
FY2025▼ -11%
Total revenue
$313K
Pt VIII · Ln 12
Total expenses
$482K
Pt IX · Ln 25
Net assets
$4.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$169K
Total assetsPt X · Ln 16$4.0M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $413K of program spending, described in the organization's own filed words · FY2025.
01

Housing Program

Provides low cost housing to needy families.

$413Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAster INC
EINHdr · item D20-8192679
Principal addressHdr · item CEugene, OR
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2007
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L22)
Ruling yearIRS BMFSep 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$245K · 78%
Contributions & grants$67K · 22%
Program service revenue78%$245K
Contributions & grants22%$67K
Investment income$238
— government grantsLn 1e$67K
Total revenueLn 12$313K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$413K
Management & general14%$69K
Total functional expensesLn 25$482K

Balance Sheet

Part X · end of year
CashLn 1$280K
Total assetsLn 16$4.0M
Total liabilitiesLn 26$55K
Total net assetsLn 32$4.0M
Months of cash on handcomputed7.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $280K · Operating expenses/yr $482K
7.0 months
Where the money goes
Program services
Program services $413K · Total expenses $482K
86%
Management & General
Management & general $69K · Total expenses $482K
14%
Fundraising
Fundraising $0 · Total expenses $482K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $67K · Total revenue $313K
22%
Government reliance
Government grants $67K · Total revenue $313K
22%
Earned-income share
Program service revenue $245K · Total revenue $313K
78%
Investment reliance
Investment income $238 · Total revenue $313K
0%
Program self-sufficiency
Program service revenue $245K · Total expenses $482K
51%
Growth & trend
Revenue growth (YoY)
This year $313K · Prior year $286K
+9%
Revenue CAGR
FY2020 $274K · FY2025 $313K
+3%
Net-asset trend (YoY)
End of year $4.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $313K · Expenses $482K
-54%
Liabilities-to-Assets
Total liabilities — · Total assets $4.0M
Net-asset ratio
Net assets $4.0M · Total assets $4.0M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bethany Cartledge · Reported title CHAIR · Highest reported compensation $0 · Total expenses $482K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $482K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Revenue growth 9%

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.

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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)$313K revenue · viewing · ⤓ 990 PDF
FY2024$286K revenue · ⤓ 990 PDF
FY2023$282K revenue · ⤓ 990 PDF
FY2022$279K revenue · ⤓ 990 PDF
FY2021$283K revenue · ⤓ 990 PDF
FY2020$274K 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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