Civic Intelligence

Aspiration Impact Foundation

990EZ • Fiscal year 2017 • EIN 46-5074564

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 06, 2018

Organization ProfileN/A
4551 Glencoe Ave No 300Marina Del Rey, CA 90292

(202) 295-4712

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

97th percentile

364%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

329%

Faster revenue growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$69,374

Up $54,422 (+364%) from 2016

Net Assets

Up

$69,374

Up $54,422 (+364%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin89th percentile

Revenue

Up

$126,987

Up $97,405 (+329%) from 2016

Expenses

Up

$72,565

Up $54,604 (+304%) from 2016

Net Income

Up

$54,422

Up $42,801 (+368%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$600K$400K$200K$0-$200KAssets 2014: $50,000Liabilities 2014: $02014Assets 2015: -$46Liabilities 2015: $02015Assets 2016: $14,952Liabilities 2016: $0Net Assets 2016: $14,9522016Assets 2017: $69,374Liabilities 2017: $0Net Assets 2017: $69,3742017Assets 2018: $191,552Liabilities 2018: $0Net Assets 2018: $191,5522018Assets 2019: $217,253Liabilities 2019: $0Net Assets 2019: $217,2532019Assets 2020: $223,826Liabilities 2020: $0Net Assets 2020: $223,8262020Assets 2021: $458,600Liabilities 2021: $0Net Assets 2021: $458,6002021Assets 2022: $14,319Liabilities 2022: $0Net Assets 2022: $14,3192022Assets 2023: $3,661Liabilities 2023: $0Net Assets 2023: $3,6612023

Highlighted filing

2017

Assets$69,374
Liabilities$0
Net Assets$69,374
Open 2017 Filing

Operations Trend

Revenue Growth98th percentile

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

$500K$0-$500KRevenue 2014: $100,000Expenses 2014: $50,000Net Income 2014: $50,0002014Revenue 2015: $7,473Expenses 2015: $57,519Net Income 2015: -$50,0462015Revenue 2016: $29,582Expenses 2016: $17,961Net Income 2016: $11,6212016Revenue 2017: $126,987Expenses 2017: $72,565Net Income 2017: $54,4222017Revenue 2018: $209,978Expenses 2018: $87,800Net Income 2018: $122,1782018Revenue 2019: $57,010Expenses 2019: $31,309Net Income 2019: $25,7012019Revenue 2020: $45,132Expenses 2020: $38,559Net Income 2020: $6,5732020Revenue 2021: $374,417Expenses 2021: $139,643Net Income 2021: $234,7742021Revenue 2022: $11,400Expenses 2022: $455,681Net Income 2022: -$444,2812022Revenue 2023: $0Expenses 2023: $10,658Net Income 2023: -$10,6582023

Highlighted filing

2017

Revenue$126,987
Expenses$72,565
Net Income$54,422
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 6, 2018
Return Version
2017v2.3
Gross Receipts
$126,987
Mission and Program Overview

Mission

To support those charitable organizations that help expand economic opportunity to lower income Americans.

Program Services

DescriptionGrantsExpenses
$25,000 PROVIDED TO ACCION. ACCION IS THE LARGEST NONPROFIT MICRO- AND SMALL BUSINESS LENDING NETWORK IN THE UNITED STATES.$47,490 SENT TO BRIGHTFUNDS IN SUPPORT OF VARIETY OF CAUSES INCLUDING EDUCATION, HUMAN RIGHT, HEALTHCARE ACCESS AND POVERTY REDUCTION.$72,490$72,490
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANDREI CHERNYPresident-$0--
JAMES MEEKSSecretary-$0--
ALEXANDRA HYMANTreasurer-$0--
JOSEPH SANBERGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Aspiration Foundation
EIN
46-5074564
Phone
2022954712
Address
4551 GLENCOE AVE NO 300, MARINA DEL REY, CA 90292

Signing Officer

Name
Andrei Cherny
Title
President
Phone
2022954712
Signed
2018-11-06
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: 12/31/17. Amount given: 25,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: grant paid. Grantee name: bright funds foundation. Grantee address: 450 mission st. Suite 200 san francisco, ca 94105. Grantee relationship: none. Date of gift: 12/31/17. Amount given: 47,490. Total included on form 990-ez, line 10: 72,490.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank service charges. Amount: 75.”

Raw XML Appendix146 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
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IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0ALEXANDRA HYMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum04242288802
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04551 GLENCOE AVE SUITE 300
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARINA DEL REY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090292
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014952
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt069374
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt072490
IRS990EZ/GrossReceiptsAmt0126987
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014952
IRS990EZ/NetAssetsOrFundBalancesEOYAmt069374
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014952
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt069374
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANDREI CHERNY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES MEEKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALEXANDRA HYMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOSEPH SANBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt075
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT THOSE CHARITABLE ORGANIZATIONS THAT HELP EXPAND ECONOMIC OPPORTUNITY TO LOWER INCOME AMERICANS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0$25,000 PROVIDED TO ACCION. ACCION IS THE LARGEST NONPROFIT MICRO- AND SMALL BUSINESS LENDING NETWORK IN THE UNITED STATES.$47,490 SENT TO BRIGHTFUNDS IN SUPPORT OF VARIETY OF CAUSES INCLUDING EDUCATION, HUMAN RIGHT, HEALTHCARE ACCESS AND POVERTY REDUCTION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt072490
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt072490
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt072565
IRS990EZ/TotalProgramServiceExpensesAmt072490
IRS990EZ/TotalRevenueAmt0126987
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0126987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt029582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0264042
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0104309
IRS990ScheduleA/SubstantialContributorsTotAmt0159733
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0126987
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt029582
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07473
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0264042
IRS990ScheduleA/TotalSupportAmt0264042
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: GRANT PAID. GRANTEE NAME: ACCION. GRANTEE ADDRESS: 85 BROAD STREET, 18TH FLOOR NEW YORK, NY 10004. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/17. AMOUNT GIVEN: 25,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GRANT PAID. GRANTEE NAME: BRIGHT FUNDS FOUNDATION. GRANTEE ADDRESS: 450 MISSION ST. SUITE 200 SAN FRANCISCO, CA 94105. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/17. AMOUNT GIVEN: 47,490. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 72,490.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 75.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREI CHERNY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02022954712
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASPIRATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ASPI
ReturnHeader/Filer/EIN0465074564
ReturnHeader/Filer/PhoneNum02022954712
ReturnHeader/Filer/USAddress/AddressLine1Txt04551 GLENCOE AVE NO 300
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ReturnHeader/FilingSecurityInformation/IPDt02018-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm020:46:52
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910189318
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOSS ADAMS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010960 WILSHIRE BLVD SUITE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090024
ReturnHeader/PreparerPersonGrp/PhoneNum03104770450
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAUREN A HAVERLOCK
ReturnHeader/ReturnTs02018-11-07T12:43:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$69,374
Liabilities
$0
Net assets
$69,374
Revenue
$126,987
Expenses
$72,565
Net income
$54,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.00$0.11$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.11$4.56$4.44
2021Detailed filing. Detailed filing data is available for this year.$4.59$0.00$4.59$3.74$1.40$2.35
2020Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.45$0.39$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.57$0.31$0.26
2018Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$2.10$0.88$1.22
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$1.27$0.73$0.54
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.30$0.18$0.12
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.07$0.58$0.50
2014Summary only. Only limited summary data is available for this year.$0.50$0.00$1.00$0.50$0.50