Aspire P16 Collaborative EIN 33-1147753 Form 990 (PDF) Claim this org

Aspire P16 Collaborative FY2022 filing

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Improves school readiness and family involvement through educational programs and community building. For fiscal year 2022 it reported $218K in revenue, $281K in expenses, and $97K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Springfield, OH
Website
www.springfieldpromise.com
Filings
5 on file (2020–2022)
Revenue
$218KFY2022
Expenses
$281K
Net assets
$97K
People
20
Filings
5
Updates
0
More identity details & actions ⌄
EIN  33-1147753 Public charity (501(c)(3)) Springfield, OH
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Improves school readiness and family involvement through educational programs and community building.
Leadership
Kali Lawrence · Executive Di · $47K
Money in and out
$218K revenue, $281K expenses
Bottom line
58% program efficiency
Where the money goes · FY2022
Total revenue
$218K
Pt VIII · Ln 12
Total expenses
$281K
Pt IX · Ln 25
Net assets
$97K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$63K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.42
Program efficiency
58%
of spending reaches programs
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-29%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$218K
FY2022▼ -41%
Expenses
$281K
FY2022▼ -7%
Total assets
$110K
FY2022▼ -31%
Total liabilities
$13K
FY2022▲ +57%
Total revenue
$218K
Pt VIII · Ln 12
Total expenses
$281K
Pt IX · Ln 25
Net assets
$97K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$63K
Total assetsPt X · Ln 16$110K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

2 program services account for $328K of program spending, described in the organization's own filed words · FY2021.
01

To provide educational programming to improve school readiness, family involvement in children's education, and to build community involvement in schools.

$164Kprogram expense
02

To provide educational programming to improve school readiness, family involvement in children's education, and to build community involvement in schools.

$164Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAspire P16 Collaborative
EINHdr · item D33-1147753
Principal addressHdr · item CSpringfield, OH
WebsiteHdr · item Jwww.springfieldpromise.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFSep 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$47,164Pt VII · Sec A
Executive Di
$47,164Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairpe
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kali Lawrence’s $50K as Executive Di is at the 41st 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Kali Lawrence$49,964$48,613$47,250$47,164$45,000$44,808

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
Contributions & grants100%$218K
— government grantsLn 1e$172K
Total revenueLn 12$218K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.42
Program services58%$164K
Management & general42%$117K
Total functional expensesLn 25$281K

Balance Sheet

Part X · end of year
CashLn 1$55K
Total assetsLn 16$110K
Total liabilitiesLn 26$13K
Total net assetsLn 32$97K
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $55K · Operating expenses/yr $281K
2.3 months
Where the money goes
Program services
Program services $164K · Total expenses $281K
58%
Management & General
Management & general $117K · Total expenses $281K
42%
Fundraising
Fundraising $0 · Total expenses $281K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $62K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $218K · Total revenue $218K
100%
Government reliance
Government grants $172K · Total revenue $218K
79%
Earned-income share
Program service revenue $0 · Total revenue $218K
0%
Investment reliance
Investment income $0 · Total revenue $218K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $281K
0%
Growth & trend
Revenue growth (YoY)
This year $218K · Prior year $369K
-41%
Net-asset trend (YoY)
End of year $97K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $218K · Expenses $281K
-29%
Liabilities-to-Assets
Total liabilities — · Total assets $110K
Net-asset ratio
Net assets $97K · Total assets $110K
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $110K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kali Lawrence · Reported title EXECUTIVE DI · Highest reported compensation $47K · Total expenses $281K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $189K · Total expenses $281K
67%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 42%
Fundraising cost ratio 0%
Revenue growth -41%
Accounting fee ratio 5%

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
Total grants receivedfrom 3 funders$26K
See all 3 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
FY2024$327K revenue · ⤓ 990 PDF
FY2023$344K revenue · ⤓ 990 PDF
FY2022$218K revenue · viewing · ⤓ 990 PDF
FY2021$369K revenue · ⤓ 990 PDF
FY2020$400K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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