Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Balance Sheet
Assets
Up$14,952
Up $14,998 (+32604%) from 2015
Net Assets
$14,952
No earlier filing loaded for comparison.
Liabilities
Flat$0
Flat from 2015
Revenue And Expenses
Revenue
Up$29,582
Up $22,109 (+296%) from 2015
Expenses
Down$17,961
Down $39,558 (-69%) from 2015
Net Income
Up$11,621
Up $61,667 (+123%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Nov 14, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $29,582
Mission and Program Overview
Mission
To support those charitable organizations that help expand economic opportunity to lower income Americans.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| $4,091 PROVIDED TO ACCION. ACCION IS THE LARGEST NONPROFIT MICRO- AND SMALL BUSINESS LENDING NETWORK IN THE UNITED STATES.$13,665 SENT TO BRIGHTFUNDS IN SUPPORT OF VARIETY OF CAUSES INCLUDING EDUCATION, HUMAN RIGHT, HEALTHCARE ACCESS AND POVERTY REDUCTION. | $17,756 | $17,756 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Andrei Cherny | President | - | $0 | - | - |
| James Meeks | Secretary | - | $0 | - | - |
| Alexandra Hyman | Treasurer | - | $0 | - | - |
| Joseph Sanberg | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Aspiration Foundation
- EIN
- 46-5074564
- Phone
- 2022954712
- Address
- 4640 Admiralty Way, Marina Del Rey, CA 90292
Signing Officer
- Name
- Andrei Cherny
- Title
- President
- Phone
- 2022954712
- Signed
- 2017-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Moss Adams LLP
- Address
- 10960 Wilshire Blvd Suite 1100, Los Angeles, CA 90024
- Preparer
- Lauren A Haverlock
- Phone
- 3104770450
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: Grant Paid. Grantee Name: Accion. Grantee Address: 85 Broad Street, 18th Floor New York, NY 10004. Grantee Relationship: None. Date of Gift: 02/11/16. Amount Given: 4,091.”
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: Grant Paid. Grantee Name: Bright funds. Grantee Address: 450 Mission St. Suite 200 San Francisco, CA 94105. Grantee Relationship: None. Date of Gift: 12/31/16. Amount Given: 13,665. Total included on Form 990-EZ, line 10: 17,756.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Bank Service Charges. Amount: 180. Description: Filing Fees. Amount: 25. Total to Form 990-EZ, line 16: 205.”
Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
“Description: Prior Period Adjustment. Amount: 3,377.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Bank Overdraft. Beg. of Year Amount: 46. End of Year Amount: 0.”
Raw XML Appendix155 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Alexandra Hyman |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4242288802 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4551 Glencoe Ave Suite 300 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Marina Del Rey |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90292 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 14952 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 29582 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 11621 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 14952 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 17756 |
| IRS990EZ/GrossReceiptsAmt | 0 | 29582 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -46 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 14952 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -46 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 14952 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Andrei Cherny |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | James Meeks |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Alexandra Hyman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Joseph Sanberg |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 3377 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 205 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To support those charitable organizations that help expand economic opportunity to lower income Americans. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | $4,091 PROVIDED TO ACCION. ACCION IS THE LARGEST NONPROFIT MICRO- AND SMALL BUSINESS LENDING NETWORK IN THE UNITED STATES.$13,665 SENT TO BRIGHTFUNDS IN SUPPORT OF VARIETY OF CAUSES INCLUDING EDUCATION, HUMAN RIGHT, HEALTHCARE ACCESS AND POVERTY REDUCTION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 17756 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 17756 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 46 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 17961 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 17756 |
| IRS990EZ/TotalRevenueAmt | 0 | 29582 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 29582 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 7473 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 100000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 137055 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 27182 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 109873 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 29582 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 7473 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 100000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 137055 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 137055 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Classification: Grant Paid. Grantee Name: Accion. Grantee Address: 85 Broad Street, 18th Floor New York, NY 10004. Grantee Relationship: None. Date of Gift: 02/11/16. Amount Given: 4,091. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity Classification: Grant Paid. Grantee Name: Bright funds. Grantee Address: 450 Mission St. Suite 200 San Francisco, CA 94105. Grantee Relationship: None. Date of Gift: 12/31/16. Amount Given: 13,665. Total included on Form 990-EZ, line 10: 17,756. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Bank Service Charges. Amount: 180. Description: Filing Fees. Amount: 25. Total to Form 990-EZ, line 16: 205. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: Prior Period Adjustment. Amount: 3,377. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description: Bank Overdraft. Beg. of Year Amount: 46. End of Year Amount: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Andrei Cherny |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2022954712 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Aspiration Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ASPI |
| ReturnHeader/Filer/EIN | 0 | 465074564 |
| ReturnHeader/Filer/PhoneNum | 0 | 2022954712 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4640 Admiralty Way |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Marina Del Rey |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90292 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 41F3D51277C721D7E64869098416E4BAA04E310D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 41F3D51277C721D7E64869098416E4BAA04E310D |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 12.129.7.100 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-11-14 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | PS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 12:48:53 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 910189318 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Moss Adams LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10960 Wilshire Blvd Suite 1100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Los Angeles |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 90024 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3104770450 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Lauren A Haverlock |
| ReturnHeader/ReturnTs | 0 | 2017-11-14T22:11:43-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $14,952
- Liabilities
- $0
- Net assets
- $14,952
- Revenue
- $29,582
- Expenses
- $17,961
- Net income
- $11,621