Aspect Foundation INC

Tax-deductible

San Francisco, CA501(c)(3)EIN 94-3040365Revenue $2.3M in FY2025

On file with the IRSaspectfoundation.org870 Market St Ste 409, 94102-3010 · San Francisco, CATax-exempt since Jan 1988Publicly supported — 509(a)(2)

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To build international goodwill, cross-cultural understanding and a peaceful future through educational and cultural exchange.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Run by 100 volunteers and 20 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $42K a year · 2% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$357K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$539K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
-17% vs prior year
Spent
$2.4M
To programs
75%
Net assets
$6.8M
By yearFY2020–FY2025
Revenue
$2.3M
FY2025▼ -17%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$3.5M
FY2022$2.9M
FY2023$2.0M
FY2024$2.7M
FY2025$2.3M
Expenses
$2.4M
FY2025▼ -16%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$2.1M
FY2022$2.8M
FY2023$2.9M
FY2024$2.8M
FY2025$2.4M
Net assets
$6.8M
FY2025▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.0M
FY2021$6.6M
FY2022$5.4M
FY2023$5.5M
FY2024$6.3M
FY2025$6.8M

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1988.

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% · $1.8M Management & general 25% · $583K

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

5 people listed on the 990; $357K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$231,768Pt VII · Sec A
$125,554Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Vivian Fearen$231,768$181,136$179,452$161,952$180,964$176,452
Eileen O'Neill$125,554$102,538—$83,371$90,080$86,744
Victor Guzman——$124,424$104,201$108,636$107,820

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

Fosters international goodwill and understanding through educational and cultural exchanges.

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Provided by the organization

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1 program · $1.8M · in their own filed words · FY2024
01

The foundation operates as an exchange visitor sponsor by placing foreign exchange students with U.S. Families and schools.

$1.8Mprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Fees for servicesLn 2g$1.5M
Gifts and grantsLn 1h$659K
Investment incomeLn 3$84K
Money outPt IX
$2.4M
Ln 25
Programscol B$1.8M
Managementcol C$583K
Owns and owesPt X
$6.8M
net assets · Ln 32
Cash and savingsLn 1–2$350K
Total assetsLn 16$7.3M
LiabilitiesLn 26$539K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$659K
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$84K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$350K
Cash and savings togetherLn 1–2$350K
InvestmentsLn 11–13$6.8M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$7.3M
LiabilitiesLn 26$539K
Net assetsLn 32$6.8M
OperationsPt I, VI
EmployeesI 520
VolunteersI 6100
Fiscal year endsHeaderSeptember
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 FY25End FY25
Cash and savingsLn 1–2$539K$350K
InvestmentsLn 11–13$6.1M$6.8M
Land, buildings, equipmentLn 10c$2K$0
Total assetsLn 16$6.7M$7.3M
LiabilitiesLn 26$441K$539K
Net assetsLn 32$6.3M$6.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$232K$232K
Other salaries and wagesLn 7$479K$447K$32K
Pension plan contributionsLn 8$118K$53K$65K
Other employee benefitsLn 9$247K$120K$126K
Payroll taxesLn 10$2K$2K
Accounting feesLn 11c$145K$145K
Advertising and promotionLn 12$47K$47K
Office expensesLn 13$74K$10K$64K
OccupancyLn 16$17K$17K
TravelLn 17$70K$3K$67K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$77K$38K$40K
Other expenses (24a–d)Ln 24$779K$779K
All other expensesLn 24e$71K$48K$23K
Total functional expensesLn 25$2.4M$1.8M$583K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.3M$2.4M−$109K$6.8M 990 PDF
FY2024 $2.7M$2.8M−$108K$6.3M 990 PDF
FY2023 $2.0M$2.9M−$864K$5.5M 990 PDF
FY2022 $2.9M$2.8M$80K$5.4M 990 PDF
FY2021 $3.5M$2.1M$1.5M$6.6M 990 PDF
FY2020 $1.2M$1.9M−$714K$5.0M 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 FY2025 990 (6 parts)
Part I · Summary $2,250,464 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $545,288$659,139
I-9 Program service revenuePrior year $1,836,914$1,506,869
I-10 Investment incomePrior year $331,183$84,456
I-11 Other revenuePrior year $550$0
I-12 Total revenuePrior year $2,713,935$2,250,464
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,125,171$1,077,204
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,697,022$1,282,648
I-18 Total expensesPrior year $2,822,193$2,359,852
I-19 Revenue less expensesPrior year −$108,258−$109,388
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,250,464 across 5 lines filed
VIII-1f All other contributions, gifts and grants$659,139
VIII-1h Total contributions, gifts and grants$659,139
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,506,869$1,506,869
VIII-3 Investment incomeRelated to mission $84,456$84,456
VIII-12 Total revenueRelated to mission $1,591,325 · Unrelated business $0 · Excluded from tax $0$2,250,464
Part IX · Statement of functional expenses $2,359,852 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $231,768$231,768
IX-7 Other salaries and wagesPrograms $446,660 · Management $32,375$479,035
IX-8 Pension plan contributionsPrograms $53,177 · Management $64,776$117,953
IX-9 Other employee benefitsPrograms $120,291 · Management $126,493$246,784
IX-10 Payroll taxesManagement $1,664$1,664
IX-11c Accounting feesManagement $144,599$144,599
IX-12 Advertising and promotionPrograms $47,345$47,345
IX-13 Office expensesPrograms $9,601 · Management $64,120$73,721
IX-16 OccupancyManagement $17,035$17,035
IX-17 TravelPrograms $3,481 · Management $66,825$70,306
IX-22 Depreciation, depletion and amortizationManagement $1,991$1,991
IX-23 InsurancePrograms $37,845 · Management $39,623$77,468
IX-24 Other expenses (24a–d)Programs $779,204$779,204
IX-24e All other expensesPrograms $47,735 · Management $23,244$70,979
IX-25 Total functional expensesPrograms $1,777,107 · Management $582,745 · Fundraising $0$2,359,852
Part X · Balance sheet $7,301,036 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $538,552$350,155
X-3 Pledges and grants receivable$133,770
X-4 Accounts receivableStart of year $18,959$2,700
X-9 Prepaid expenses and deferred chargesStart of year $41,920$18,511
X-10c Land, buildings and equipment, netStart of year $1,991$0
X-13 Program-related investmentsStart of year $6,119,557$6,795,900
X-16 Total assetsStart of year $6,720,979$7,301,036
X-17 Accounts payable and accrued expensesStart of year $385,495$368,091
X-19 Deferred revenueStart of year $55,460$170,421
X-26 Total liabilitiesStart of year $440,955$538,512
X-27 Net assets without donor restrictionsStart of year $6,280,024$6,762,524
X-32 Total net assets or fund balancesStart of year $6,280,024$6,762,524
X-33 Total liabilities and net assetsStart of year $6,720,979$7,301,036
Part XI · Reconciliation of net assets $6,762,524 net assets at year end
XI-1 Total revenue$2,250,464
XI-2 Total expenses$2,359,852
XI-3 Revenue less expenses−$109,388
XI-4 Net assets at start of year$6,280,024
XI-5 Net unrealized gains (losses) on investments$591,887
XI-9 Other changes in net assets$1
XI-10 Net assets at end of year$6,762,524

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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