Aspa Endowment FY2020 filing

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To improve the policies, processes, personnel and institutions of public administration.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1484469) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $8K a year · 10% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
85% of spending went to programs.
Pt IX · Ln 25 · col B
9.8 mo
of spending, in cash
Plus $907K in investments, Pt X · Ln 11–13
9.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$55K
6% of total assets
Liabilities are 6% of assets.
Pt X · Ln 26
Independent board members
9
of 9 voting members
9 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$60K
Spent
$70K
To programs
85%
Net assets
$923K
By yearFY2020–FY2024
Revenue
$60K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$60K
FY2021$124K
FY2022$51K
FY2023$151K
FY2024$33K
Expenses
$70K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$70K
FY2021$66K
FY2022$87K
FY2023$77K
FY2024$161K
Net assets
$923K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$923K
FY2021$1.1M
FY2022$868K
FY2023$945K
FY2024$875K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 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 Jul 1989.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $59K Management & general 15% · $10K

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

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Aspa Endowment executive salaries →

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

Improves government policies, processes, and public administration institutions.

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1 program · $59K · in their own filed words · FY2020
01

To provide charitable, educational and scientific support to promote the improvement of policies, processes, personnel and institutions of public administration, including providing student scholarships to Aspa events, assisting minority undergraduate and graduate students in pursuing careers in public service by providing opportunities…

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1484469) · Dispute this line
$59Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$60K
Ln 12
Investment incomeLn 3$24K
Gifts and grantsLn 1h$21K
Other incomeLn 4–11$15K
Money outPt IX
$70K
Ln 25
Programscol B$59K
Managementcol C$10K
Owns and owesPt X
$923K
net assets · Ln 32
Cash and savingsLn 1–2$57K
Total assetsLn 16$978K
LiabilitiesLn 26$55K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21K
Investment incomeLn 3$24K
Other incomeLn 4–11$15K
Gains on assetsLn 7$15K
Total revenueLn 12$60K
Assets in detailPt X, end of year
SavingsLn 2$57K
Cash and savings togetherLn 1–2$57K
Accounts receivableLn 4$700
Prepaid expenses and deferred chargesLn 9$2K
Land, buildings, equipmentLn 10c$11K
InvestmentsLn 11–13$907K
Total assetsLn 16$978K
LiabilitiesLn 26$55K
Net assetsLn 32$923K
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$10K
Share of the $595K endowmentSch D 1g1.8%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$595K$623K$566K$599K$539K
AddedLn 1b$2K$5K$9K$3K$3K
SpentLn 1d–1f$40K$35K$28K$23K$16K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$87K$57K
InvestmentsLn 11–13$777K$907K
Land, buildings, equipmentLn 10c$17K$11K
Total assetsLn 16$882K$978K
LiabilitiesLn 26$30K$55K
Net assetsLn 32$853K$923K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Management feesLn 11a$35K$35K
Investment management feesLn 11f$10K$10K
Other fees for servicesLn 11g$10K$10K
Office expensesLn 13$610$610
Information technologyLn 14$3K$3K
Depreciation, depletion and amortizationLn 22$6K$6K
Other expenses (24a–d)Ln 24$257$257
Total functional expensesLn 25$70K$59K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 4, 2025 $33K$161K−$129K$875K 990 PDF
FY2023Filed with the IRS Sep 24, 2024 $151K$77K$74K$945K 990 PDF
FY2022Filed with the IRS Nov 10, 2023 $51K$87K−$37K$868K 990 PDF
FY2021Filed with the IRS Oct 28, 2022 $124K$66K$59K$1.1M 990 PDF
FY2020 ViewingFiled with the IRS Nov 8, 2021 $60K$70K−$10K$923K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $60,294 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $26,973$21,493
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $40,618$38,801
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $67,591$60,294
I-13 Grants and similar amounts paidPrior year $2,140$4,710
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 $58,556$65,150
I-18 Total expensesPrior year $60,696$69,860
I-19 Revenue less expensesPrior year $6,895−$9,566
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $60,294 across 5 lines filed
VIII-1f All other contributions, gifts and grants$21,493
VIII-1h Total contributions, gifts and grants$21,493
VIII-3 Investment incomeExcluded from tax $23,630$23,630
VIII-7 Net gain or loss on sales of assetsExcluded from tax $15,171$15,171
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $38,801$60,294
Part IX · Statement of functional expenses $69,860 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $4,710$4,710
IX-11a Management feesPrograms $35,000$35,000
IX-11f Investment management feesManagement $10,474$10,474
IX-11g Other fees for servicesPrograms $9,595$9,595
IX-13 Office expensesPrograms $610$610
IX-14 Information technologyPrograms $3,407$3,407
IX-22 Depreciation, depletion and amortizationPrograms $5,807$5,807
IX-24 Other expenses (24a–d)Programs $257$257
IX-25 Total functional expensesPrograms $59,386 · Management $10,474 · Fundraising $0$69,860
Part X · Balance sheet $978,349 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $86,678$56,998
X-4 Accounts receivable$700
X-9 Prepaid expenses and deferred chargesStart of year $1,426$2,050
X-10c Land, buildings and equipment, netStart of year $16,937$11,130
X-11 Publicly traded securitiesStart of year $777,257$907,471
X-16 Total assetsStart of year $882,298$978,349
X-17 Accounts payable and accrued expensesStart of year $5,426$4,739
X-19 Deferred revenue$250
X-25 Other liabilitiesStart of year $24,243$50,318
X-26 Total liabilitiesStart of year $29,669$55,307
X-27 Net assets without donor restrictionsStart of year $343,013$384,724
X-28 Net assets with donor restrictionsStart of year $509,616$538,318
X-32 Total net assets or fund balancesStart of year $852,629$923,042
X-33 Total liabilities and net assetsStart of year $882,298$978,349
Part XI · Reconciliation of net assets $923,042 net assets at year end
XI-1 Total revenue$60,294
XI-2 Total expenses$69,860
XI-3 Revenue less expenses−$9,566
XI-4 Net assets at start of year$852,629
XI-5 Net unrealized gains (losses) on investments$79,979
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$923,042

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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