Civic Intelligence

Aspire Education Project

990 • Fiscal year 2015 • EIN 20-5274459

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

1904 Franklin StreetOakland, CA 94612

(510) 658-7500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.48x

Higher debt load relative to assets than 89% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

91st percentile

$47,318

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

91st percentile

106%

Faster asset growth than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$127,701

Up $65,576 (+106%) from 2014

Net Assets

Up

$65,983

Up $61,116 (+1256%) from 2014

Liabilities

Up

$61,718

Up $4,460 (+7.8%) from 2014

Revenue

Up

$499,756

Up $128,238 (+35%) from 2014

Expenses

Up

$437,828

Up $57,835 (+15%) from 2014

Net Income

Up

$61,928

Up $70,403 (+831%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0-$200KAssets 2010: $38,650Liabilities 2010: $30,028Net Assets 2010: $8,6222010Assets 2011: $34,086Liabilities 2011: $42,999Net Assets 2011: -$8,9132011Assets 2012: $41,531Liabilities 2012: $35,746Net Assets 2012: $5,7852012Assets 2013: $58,019Liabilities 2013: $45,753Net Assets 2013: $12,2662013Assets 2014: $62,125Liabilities 2014: $57,258Net Assets 2014: $4,8672014Assets 2015: $127,701Liabilities 2015: $61,718Net Assets 2015: $65,9832015Assets 2016: $131,253Liabilities 2016: $41,197Net Assets 2016: $90,0562016Assets 2017: $173,649Liabilities 2017: $36,529Net Assets 2017: $137,1202017Assets 2018: $200,925Liabilities 2018: $50,725Net Assets 2018: $150,2002018Assets 2019: $194,747Liabilities 2019: $58,499Net Assets 2019: $136,2482019Assets 2020: $233,195Liabilities 2020: $188,340Net Assets 2020: $44,8552020Assets 2021: $300,530Liabilities 2021: $192,570Net Assets 2021: $107,9602021Assets 2022: $738,289Liabilities 2022: $537,365Net Assets 2022: $200,9242022Assets 2023: $554,792Liabilities 2023: $557,334Net Assets 2023: -$2,5422023Assets 2024: $557,524Liabilities 2024: $578,177Net Assets 2024: -$20,6532024Assets 2025: $670,365Liabilities 2025: $581,289Net Assets 2025: $89,0762025

Highlighted filing

2015

Assets$127,701
Liabilities$61,718
Net Assets$65,983

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $234,981Expenses 2010: $223,549Net Income 2010: $11,4322010Revenue 2011: $233,811Expenses 2011: $251,311Net Income 2011: -$17,5002011Revenue 2012: $188,559Expenses 2012: $173,861Net Income 2012: $14,6982012Revenue 2013: $288,621Expenses 2013: $280,861Net Income 2013: $7,7602013Revenue 2014: $371,518Expenses 2014: $379,993Net Income 2014: -$8,4752014Revenue 2015: $499,756Expenses 2015: $437,828Net Income 2015: $61,9282015Revenue 2016: $687,497Expenses 2016: $666,922Net Income 2016: $20,5752016Revenue 2017: $418,756Expenses 2017: $371,692Net Income 2017: $47,0642017Revenue 2018: $692,081Expenses 2018: $678,870Net Income 2018: $13,2112018Revenue 2019: $758,003Expenses 2019: $765,632Net Income 2019: -$7,6292019Revenue 2020: $538,584Expenses 2020: $629,478Net Income 2020: -$90,8942020Revenue 2021: $544,726Expenses 2021: $477,720Net Income 2021: $67,0062021Revenue 2022: $556,644Expenses 2022: $477,483Net Income 2022: $79,1612022Revenue 2023: $398,667Expenses 2023: $564,993Net Income 2023: -$166,3262023Revenue 2024: $534,455Expenses 2024: $553,292Net Income 2024: -$18,8372024Revenue 2025: $876,786Expenses 2025: $741,307Net Income 2025: $135,4792025

Highlighted filing

2015

Revenue$499,756
Expenses$437,828
Net Income$61,928
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.0
Gross Receipts
$499,756
Mission and Program Overview

Mission

For the school year, we provide high-quality tutoring and academic mentorship to all students. During the summer, we flip the equation and empower a diverse group of youth to become teachers themselves, reading one-on-one in Oakland's public preschools.

Aspire Education Project dedicates itself to the academic excellence of students in the San Francisco Bay Area through building relationships, encouraging academic engagement, and empowering those we teach to educate others.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,849$106,074▲ $83,225
Accounts Receivable$38,284$20,874▼ $17,410
Prepaid Expenses and Deferred Charges$992$753▼ $239
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$62,125$127,701▲ $65,576
Other Assets Total-$0-
Liabilities
Deferred Revenue$48,757$47,470▼ $1,287
Accounts Payable and Accrued Expenses$8,501$14,247▲ $5,746
Other Liabilities-$1-
Total Liabilities$57,258$61,718▲ $4,460
Net Assets / Fund Balance
Unrestricted Net Assets$4,867$65,983▲ $61,116
Total Net Assets Fund Balance$4,867$65,983▲ $61,116
Total Liabilities and Net Assets / Fund Balance$62,125$127,701▲ $65,576
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jack WoodruffExecutive DirectorFT$47,318$47,318

Board Members and Trustees

NameTitle
Yelda BartlettPresident
Jessie ConradiBoard member
Noelle HyltonBoard member
Jasmine ThompsonSecretary
Christopher PattersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,661
Program Service Revenue
$443,095
Investment Income
$0
Other Revenue
$0
All Other Contributions
$56,661
Change in Net Assets
$61,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$397,012
Other Expenses$40,816
Total Fundraising Expense$40,801
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$240,958$29,785$29,784$300,527
Current Officers, Directors, Trustees, and Key Employees$39,818$5,000$2,500$47,318
Payroll Taxes$30,903$3,863$3,863$38,629
Other Employee Benefits$8,430$1,054$1,054$10,538
Occupancy$7,374$922$921$9,217
Fees for Services Other$6,450$612$610$7,672
Information Technology$3,082$385$385$3,852
Fees for Services Accounting-$2,202-$2,202
All Other Expenses$1,279$76$824$2,179
Travel$1,225$153$153$1,531
Office Expenses$807$101$101$1,009
Other Expenses$767$96$96$959
Advertising$661$83$82$826
Insurance$482$61$60$603
Total Functional Expenses$347,867$49,160$40,801$437,828
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Executive Director reviews the final version of the 990 and the 990 is emailed to the board before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

In connection with actual or possible conflict of inerest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board HR committee looks up salary information from comparable organizations online and makes recommendation to the full board. The full board, minus the Executive Director, votes on the proposal. The vote is documented in the meeting minutes.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Documents are available upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Aspire Education Project
EIN
20-5274459
Phone
5106587500
Address
1904 Franklin Street, Oakland, CA 94612

Signing Officer

Name
Jack Woodruff
Title
Executive Director
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
79
Volunteers
100

Preparer

Firm
Patricia A Foley EA
Address
991 MIDWAY AVE, SAN LEANDRO, CA 94577-1344
Preparer
Patricia A Foley EA
Phone
5105896820
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Aspire Education Project was founded as a nonprofit in the fall of 2005 in order to bring high-quality tutoring and personalized learning to students who do not have ready access to those services. During the school year, we provide tutoring, mentoring, and standardized test preparation to students in their homes, at after-school centers, and in partnership with schools and sister organizations. In the summers, we flip the equation and empower teens to become teachers themselves. Mobilizing the youth and schools weve worked with all year, we bring regular one-on-one reading experiences to Oakland's youngest and most vulnerable in the Community Reading Buddies program (CRB). Through CRB, over 140 teens become trained literacy instructors for our communitys youngest and most at-risk readers: preK - 3rd graders from low-income families and disadvantaged backgrounds. In pairs, teens and their "buddies" read and connect all summer, forming relationships and building skills critical for success in school. The program is structured by a research-based school-readiness curriculum, aligned with the Desired Results Developmental Profile. As with all of our programming, Community Reading Buddies nurtures both educational equity and community bonds.2015 Accomplishments:Aspires model relies on fee-for-service work to finance our endeavors to reach the underserved with high quality supplemental educational support. We charge competitive market rates for one-on-one tutoring and test prep classes among private schools and families that can afford them. We pay tutors well, and operate in many ways like a for-profit business. Any profit that is generated, however, is used to fund other programming that we do at or below cost. This programming includes rate reductions for individual students that have demonstrated financial hardship, test prep classes at schools or other nonprofit organizations supporting underprivileged students, and pre-kindergarten literacy engagement among the underserved via our Community Reading Buddies program. Although we served more students, and more disadvantaged students, than ever before, Aspire achieved an operating reserve in 2015 that will allow it to expand with strength in the years to come.In 2015, Aspire served a total of 888 students, with approximately 568 (64%) eligible for Free and Reduced Price Lunch, through the Federal Free or Reduced Price Meal Program (FRMP). By program area, we served:-443 high school students with SAT/ACT classes and after school programming.-173 students with private tutoring,13% in K-8 and 87% in high school. -121 preK - 3rd graders in the Community Reading Buddies programIn addition, we served in the development of over 141 'Youth Mentors' in our Community Reading Buddies program, by fostering their sense of responsibility and mentorship towards their younger 'Buddies,' and helping to connect them with underserved parts of their community.2015's Community Reading Buddies deepened its commitment to Oakland by doubling the time spent with each of its 120 preK - 3rd graders. This expansion of services answered the observation made by our program partner parents and teachers for many years, namely that the program has tremendous benefit, but if the younger children could only receive two visits per week instead of one, our curricular work and oral language development would be far more effective.The expansion was a success, with universally positive feedback from parents, classroom teachers, and the teenage Youth Mentors. Pre and post testing of the preK - 3rd graders revealed significant gains in phonemic awareness, print motivation, self regulation, and other key school readiness measures. Additionally, we set a new record in our volunteer return rate (25%), and recruited teenaged Youth Mentors from 43 different schools, another high-water mark. In total we provided 2650 hours of high-quality, one-on-one literacy instruction to the East Bays young underse

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IRS990/ProgSrvcAccomActy2Grp/Desc0In Programs and Partnerships, 443 students received after-school tutoring and test prep (SAT/ACT) classes via 22 partner sites in Alameda and San Francisco Counties.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt071902
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IRS990/ProgSrvcAccomActy3Grp/Desc0In Community Reading Buddies, 121 disadvantaged prek-3rd graders received two sessions of reading mentorship per week, for eight weeks, by 141 local youth volunteers.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Aspire Education Project was founded as a nonprofit in the fall of 2005 in order to bring high-quality tutoring and personalized learning to students who do not have ready access to those services. During the school year, we provide tutoring, mentoring, and standardized test preparation to students in their homes, at after-school centers, and in partnership with schools and sister organizations. In the summers, we flip the equation and empower teens to become teachers themselves. Mobilizing the youth and schools weve worked with all year, we bring regular one-on-one reading experiences to Oakland's youngest and most vulnerable in the Community Reading Buddies program (CRB). Through CRB, over 140 teens become trained literacy instructors for our communitys youngest and most at-risk readers: preK - 3rd graders from low-income families and disadvantaged backgrounds. In pairs, teens and their "buddies" read and connect all summer, forming relationships and building skills critical for success in school. The program is structured by a research-based school-readiness curriculum, aligned with the Desired Results Developmental Profile. As with all of our programming, Community Reading Buddies nurtures both educational equity and community bonds.2015 Accomplishments:Aspires model relies on fee-for-service work to finance our endeavors to reach the underserved with high quality supplemental educational support. We charge competitive market rates for one-on-one tutoring and test prep classes among private schools and families that can afford them. We pay tutors well, and operate in many ways like a for-profit business. Any profit that is generated, however, is used to fund other programming that we do at or below cost. This programming includes rate reductions for individual students that have demonstrated financial hardship, test prep classes at schools or other nonprofit organizations supporting underprivileged students, and pre-kindergarten literacy engagement among the underserved via our Community Reading Buddies program. Although we served more students, and more disadvantaged students, than ever before, Aspire achieved an operating reserve in 2015 that will allow it to expand with strength in the years to come.In 2015, Aspire served a total of 888 students, with approximately 568 (64%) eligible for Free and Reduced Price Lunch, through the Federal Free or Reduced Price Meal Program (FRMP). By program area, we served:-443 high school students with SAT/ACT classes and after school programming.-173 students with private tutoring,13% in K-8 and 87% in high school. -121 preK - 3rd graders in the Community Reading Buddies programIn addition, we served in the development of over 141 'Youth Mentors' in our Community Reading Buddies program, by fostering their sense of responsibility and mentorship towards their younger 'Buddies,' and helping to connect them with underserved parts of their community.2015's Community Reading Buddies deepened its commitment to Oakland by doubling the time spent with each of its 120 preK - 3rd graders. This expansion of services answered the observation made by our program partner parents and teachers for many years, namely that the program has tremendous benefit, but if the younger children could only receive two visits per week instead of one, our curricular work and oral language development would be far more effective.The expansion was a success, with universally positive feedback from parents, classroom teachers, and the teenage Youth Mentors. Pre and post testing of the preK - 3rd graders revealed significant gains in phonemic awareness, print motivation, self regulation, and other key school readiness measures. Additionally, we set a new record in our volunteer return rate (25%), and recruited teenaged Youth Mentors from 43 different schools, another high-water mark. In total we provided 2650 hours of high-quality, one-on-one literacy instruction to the East Bays young underse
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director reviews the final version of the 990 and the 990 is emailed to the board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2In connection with actual or possible conflict of inerest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board HR committee looks up salary information from comparable organizations online and makes recommendation to the full board. The full board, minus the Executive Director, votes on the proposal. The vote is documented in the meeting minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.70$5.81$0.89$8.77$7.41$1.35
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.58$5.78$0.21$5.34$5.53$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.55$5.57$0.03$3.99$5.65$1.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.38$5.37$2.01$5.57$4.77$0.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$1.93$1.08$5.45$4.78$0.67
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$1.88$0.45$5.39$6.29$0.91
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.58$1.36$7.58$7.66$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.51$1.50$6.92$6.79$0.13
2017Summary only. Only limited summary data is available for this year.$1.74$0.37$1.37$4.19$3.72$0.47
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.41$0.90$6.87$6.67$0.21
2015Detailed filing. Detailed filing data is available for this year.$1.28$0.62$0.66$5.00$4.38$0.62
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.57$0.05$3.72$3.80$0.08
2013Summary only. Only limited summary data is available for this year.$0.58$0.46$0.12$2.89$2.81$0.08
2012Summary only. Only limited summary data is available for this year.$0.42$0.36$0.06$1.89$1.74$0.15
2011Summary only. Only limited summary data is available for this year.$0.34$0.43$0.09$2.34$2.51$0.18
2010Summary only. Only limited summary data is available for this year.$0.39$0.30$0.09$2.35$2.24$0.11