Aspiro INC FY2021 filing

Tax-deductible

Green Bay, WI501(c)(3)Since 1957EducationEIN 39-0987024

Creating opportunities for people with disabilities to reach goals, connect community, and achieve independence.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$230K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.8M a year · 23% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$230K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
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
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$688K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.4M
+14% vs prior year
Spent
$5.5M
To programs
75%
Net assets
$15.6M
By yearFY2020–FY2024
Revenue
$8.4M
FY2021▲ +14%
Revenue by fiscal year
FY2020$7.4M
FY2021$8.4M
FY2022$7.2M
FY2023$8.3M
FY2024$8.2M
Expenses
$5.5M
FY2021▲ +3%
Expenses by fiscal year
FY2020$5.3M
FY2021$5.5M
FY2022$6.1M
FY2023$6.5M
FY2024$7.0M
Net assets
$15.6M
FY2021▲ +27%
Net assets by fiscal year
FY2020$12.3M
FY2021$15.6M
FY2022$14.8M
FY2023$18.0M
FY2024$19.9M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1995.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $4.1M Management & general 23% · $1.2M Fundraising 3% · $149K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

20 people listed on the 990; $230K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$143,620Pt VII · Sec A
V.p. of Finance
$86,179Pt 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

Lincoln Burr Left in 2024’s $127K as President is at the 51st percentile of top reported officer pay among 3394 $1–10M 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lincoln Burr—$165,202$158,289$143,620$146,633
Lincoln Burr Left in 2024$126,961————
Alan Gaffney$107,862$95,680$95,605$86,179$88,925

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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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 15aYes

Programs and updates

Empowers people with disabilities to achieve goals, connect with others, and live independently.

Provided by the organization

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3 program services account for $2.6M of program spending, described in the organization's own filed words · FY2021.
01

Day services (including recreation) are designed to enhance communication, social development, skills in performing activities of daily living and community living, health, fitness, leisure-time, and well-being.

$1.5Mprogram expense
02

Production offers the work opportunities needed to provide quality prevocational services in our facilities. This is done through providing contract production, packaging, and sewing services for a number of local and national companies, as well as the federal government.

$570Kprogram expense
03

Employment services assists individuals with disabilities in obtaining and retaining employment with area businesses. There are two ways this can be accomplished: supported employment and job placement, both are in partnership with the the wisconsin department of workforce development - division of vocational rehabilitation (DVR).

$453Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$8.4M
Ln 12
Gifts and grantsLn 1h$3.7M
Fees for servicesLn 2g$3.5M
Other incomeLn 4–11$729K
Money outPt IX
$5.5M
Ln 25
Programscol B$4.1M
Managementcol C$1.2M
Fundraisingcol D$149K
Owns and owesPt X
$15.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$16.3M
LiabilitiesLn 26$688K
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.7M
Government grantsLn 1e$3.2M
Noncash giftsLn 1g$27K
Fundraising eventsLn 1c$114K
Fees for servicesLn 2g$3.5M
Investment incomeLn 3$543K
Other incomeLn 4–11$729K
Gains on assetsLn 7$416K
Total revenueLn 12$8.4M
Assets in detailPt X, end of year
CashLn 1$1.3M
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$12.1M
Land, buildings, equipmentLn 10c$1.3M
Total assetsLn 16$16.3M
LiabilitiesLn 26$688K
Net assetsLn 32$15.6M
OperationsPt I, VI
EmployeesI 5356
VolunteersI 682
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2.3M$1.3M
InvestmentsLn 11–13$8.2M$12.1M
Land, buildings, equipmentLn 10c$1.3M$1.3M
Total assetsLn 16$12.8M$16.3M
LiabilitiesLn 26$420K$688K
Net assetsLn 32$12.3M$15.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$295K$295K
Other salaries and wagesLn 7$3.3M$2.8M$483K$109K
Pension plan contributionsLn 8$136K$110K$23K$3K
Other employee benefitsLn 9$419K$393K$15K$12K
Payroll taxesLn 10$260K$210K$43K$6K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$30K$30K
Investment management feesLn 11f$48K$48K
Other fees for servicesLn 11g$23K$4K$20K$61
Office expensesLn 13$272K$81K$174K$17K
OccupancyLn 16$196K$157K$37K$717
TravelLn 17$41K$36K$6K
Conferences, conventions and meetingsLn 19$20K$9K$11K
Depreciation, depletion and amortizationLn 22$189K$152K$36K$693
InsuranceLn 23$63K$50K$12K$230
Other expenses (24a–d)Ln 24$128K$128K
Total functional expensesLn 25$5.5M$4.1M$1.2M$149K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.2M$7.0M$1.2M$19.9M 990 PDF
FY2023 $8.3M$6.5M$1.8M$18.0M 990 PDF
FY2022 $7.2M$6.1M$1.1M$14.8M 990 PDF
FY2021 Viewing $8.4M$5.5M$3.0M$15.6M 990 PDF
FY2020 $7.4M$5.3M$2.1M$12.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $8,424,756 across 13 lines filed
Lines not itemized here account for $719,164 of total revenue; see the IRS return.
VIII-1a Federated campaigns$26,250
VIII-1c Fundraising events$114,494
VIII-1e Government grants$3,168,299
VIII-1f All other contributions, gifts and grants$391,442
VIII-1g Noncash contributions (included above)$27,464
VIII-1h Total contributions, gifts and grants$3,700,485
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,452,778$3,452,778
VIII-3 Investment incomeExcluded from tax $127,053$127,053
VIII-6 Net rental income or lossRelated to mission $5,672$5,672
VIII-7 Net gain or loss on sales of assetsExcluded from tax $415,661$415,661
VIII-8 Net income from fundraising eventsExcluded from tax −$9,251−$9,251
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $13,194$13,194
VIII-12 Total revenueRelated to mission $4,177,614 · Unrelated business $0 · Excluded from tax $546,657$8,424,756
Part IX · Statement of functional expenses $5,471,174 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $295,249$295,249
IX-7 Other salaries and wagesPrograms $2,752,667 · Management $483,108 · Fundraising $109,152$3,344,927
IX-8 Pension plan contributionsPrograms $110,318 · Management $22,695 · Fundraising $3,316$136,329
IX-9 Other employee benefitsPrograms $392,861 · Management $14,581 · Fundraising $11,808$419,250
IX-10 Payroll taxesPrograms $210,285 · Management $43,260 · Fundraising $6,321$259,866
IX-11b Legal feesManagement $6,216$6,216
IX-11c Accounting feesManagement $29,700$29,700
IX-11f Investment management feesManagement $47,626$47,626
IX-11g Other fees for servicesPrograms $3,587 · Management $19,721 · Fundraising $61$23,369
IX-13 Office expensesPrograms $81,459 · Management $174,186 · Fundraising $16,571$272,216
IX-16 OccupancyPrograms $157,396 · Management $37,419 · Fundraising $717$195,532
IX-17 TravelPrograms $35,564 · Management $5,876$41,440
IX-19 Conferences, conventions and meetingsPrograms $9,074 · Management $10,527$19,601
IX-22 Depreciation, depletion and amortizationPrograms $151,982 · Management $36,132 · Fundraising $693$188,807
IX-23 InsurancePrograms $50,443 · Management $11,992 · Fundraising $230$62,665
IX-24 Other expenses (24a–d)Programs $128,381$128,381
IX-25 Total functional expensesPrograms $4,084,017 · Management $1,238,288 · Fundraising $148,869$5,471,174
Part X · Balance sheet $16,336,282 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $2,260,740$1,318,702
X-4 Accounts receivableStart of year $570,312$1,388,824
X-8 Inventories for sale or useStart of year $343,827$178,740
X-9 Prepaid expenses and deferred chargesStart of year $30,385$60,313
X-10c Land, buildings and equipment, netStart of year $1,333,987$1,316,115
X-11 Publicly traded securitiesStart of year $7,566,845$11,344,481
X-12 Other securitiesStart of year $658,673$729,107
X-16 Total assetsStart of year $12,764,769$16,336,282
X-17 Accounts payable and accrued expensesStart of year $416,168$688,274
X-19 Deferred revenueStart of year $4,235$63
X-26 Total liabilitiesStart of year $420,403$688,337
X-27 Net assets without donor restrictionsStart of year $11,999,331$15,273,842
X-28 Net assets with donor restrictionsStart of year $345,035$374,103
X-32 Total net assets or fund balancesStart of year $12,344,366$15,647,945
X-33 Total liabilities and net assetsStart of year $12,764,769$16,336,282
Part XI · Reconciliation of net assets $15,647,945 net assets at year end
XI-1 Total revenue$8,424,756
XI-2 Total expenses$5,471,174
XI-3 Revenue less expenses$2,953,582
XI-4 Net assets at start of year$12,344,366
XI-5 Net unrealized gains (losses) on investments$350,000
XI-9 Other changes in net assets−$3
XI-10 Net assets at end of year$15,647,945

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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