Civic Intelligence

Aspiration Impact Foundation

990 • Fiscal year 2018 • EIN 46-5074564

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

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

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

93rd percentile

58%

Higher net margin than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

94th percentile

176%

Faster asset growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

89th percentile

65%

Faster revenue growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$191,552

Up $122,178 (+176%) from 2017

Net Assets

Up

$191,552

Up $122,178 (+176%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin93rd percentile

Revenue

Up

$209,978

Up $82,991 (+65%) from 2017

Expenses

Up

$87,800

Up $15,235 (+21%) from 2017

Net Income

Up

$122,178

Up $67,756 (+125%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth94th 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

2018

Assets$191,552
Liabilities$0
Net Assets$191,552
Open 2018 Filing

Operations Trend

Revenue Growth89th 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

2018

Revenue$209,978
Expenses$87,800
Net Income$122,178
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$209,978
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$69,374$191,552▲ $122,178
Rtn Earn Endowment Incm Other Fnds$69,374$191,552▲ $122,178
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$69,374$191,552▲ $122,178
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$69,374$191,552▲ $122,178
Total Liabilities and Net Assets / Fund Balance$69,374$191,552▲ $122,178
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Andrei ChernyPresident
Joseph SanbergDirector
James MeeksSecretary
Alexandra HoriganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$209,978
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$60,782
Change in Net Assets
$122,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$87,474
Other Expenses$326
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$87,474--$87,474
Office Expenses$301--$301
All Other Expenses$25--$25
Total Functional Expenses$87,800$0$0$87,800
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bright Funds FoundationSan Francisco, CA501(c)(3)General Assistance$49,102
Accion the US Network IncNew York, NY501(c)(3)General Assistance$33,372
350 New Orleans IncNew Orleans, LA501(c)(3)General Assistance$5,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Section A, Line 6

“Aspiration foundation is a california non-profit public benefit corporation organized with a sole controlling member, aspiration partners, inc., a california for-profit corporation.”

Form 990, Part VI, Section A, Line 7A

“The sole member of aspiration foundation has the right to elect the board of directors as well as appoint the president/ceo.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have a committee with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is provided to all board members prior to filing and is reviewed in conjunction with accounting and finance.”

Form 990, Part VI, Section B, Line 12C

“Each director, principal officer and member of the governing board shall annually sign a statement which affirms that such person has received a copy of the conflicts of interest policy, has read and understands the policy, and has agreed to comply with the policy.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and conflict of interest policy available to the public upon request.”

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
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrei Cherny
Formed
2014
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
4

Preparer

Firm
Moss Adams Llp
Address
10960 WILSHIRE BLVD SUITE 1100, LOS ANGELES, CA 90024
Preparer
Lauren a Haverlock
Phone
3104770450
Raw XML Appendix361 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT CHARITABLE ORGANIZATIONS THAT HELP EXPAND ECONOMIC OPPORTUNITY TO LOWER INCOME AMERICANS.
IRS990/AllOtherContributionsAmt060782
IRS990/AllOtherExpensesGrp/ProgramServicesAmt025
IRS990/AllOtherExpensesGrp/TotalAmt025
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0ALEXANDRA HORIGAN
IRS990/BooksInCareOfDetail/PhoneNum03038592579
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04551 GLENCOE AVE SUITE 300
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARINA DEL REY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090292
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt069374
IRS990/CashNonInterestBearingGrp/EOYAmt0191552
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0209978
IRS990/CYGrantsAndSimilarPaidAmt087474
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0326
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0122178
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt087800
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0209978
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0$33,372 PROVIDED TO ACCION. ACCION IS THE LARGEST NONPROFIT MICRO AND SMALL BUSINESS LENDING NETWORK IN THE UNITED STATES.$49,102 SENT TO BRIGHTFUNDS IN SUPPORT OF VARIETY OF CAUSES INCLUDING EDUCATION, HUMAN RIGHT, HEALTHCARE ACCESS AND POVERTY REDUCTION.$5,000 SENT TO 350 NEW ORLEANS, INC. IN SUPPORT OF INITIATIVES IN NEW ORLEANS THAT RAISE CONSCIOUSNESS AND PROMOTE SOUND POLICY AROUND CLIMATE CHANGE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt087800
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0ANDREI CHERNY
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES MEEKS
IRS990/Form990PartVIISectionAGrp/PersonNm2ALEXANDRA HORIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH SANBERG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt087474
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt087474
IRS990/GrantsToDomesticOrgsGrp/TotalAmt087474
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0209978
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT CHARITABLE ORGANIZATIONS THAT HELP EXPAND ECONOMIC OPPORTUNITY TO LOWER INCOME AMERICANS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt069374
IRS990/NetAssetsOrFundBalancesEOYAmt0191552
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0301
IRS990/OfficeExpensesGrp/TotalAmt0301
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANDREI CHERNY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0126987
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt072490
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt075
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt054422
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt072565
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0126987
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0122178
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0149196
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt069374
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0191552
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0209978
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0126987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0474020
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0177688
IRS990ScheduleA/SubstantialContributorsTotAmt0296332
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0209978
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0126987
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029582
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07473
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0474020
IRS990ScheduleA/TotalSupportAmt0474020
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt033372
IRS990ScheduleI/RecipientTable/CashGrantAmt149102
IRS990ScheduleI/RecipientTable/CashGrantAmt25000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ACCION THE US NETWORK INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BRIGHT FUNDS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2350 NEW ORLEANS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0454127501
IRS990ScheduleI/RecipientTable/RecipientEIN1462109112
IRS990ScheduleI/RecipientTable/RecipientEIN2823278490
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt085 BROAD STREET 18TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1450 MISSION ST SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21407 NAPOLEON AVE APTC
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010004
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd194105
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd270115
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ONLY GRANTS FUNDS TO REPUTABLE CHARITABLE ORGANIZATIONS. THE FOUNDATION REQUIRES EACH RECIPIENT ORGANIZATION TO ACKNOWLEDGE RECEIPT OF THE DISTRIBUTED FUNDS AND THE CHARITABLE PURPOSES FOR WHICH THE FUNDS WILL BE USED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt03
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ASPIRATION FOUNDATION IS A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION ORGANIZED WITH A SOLE CONTROLLING MEMBER, ASPIRATION PARTNERS, INC., A CALIFORNIA FOR-PROFIT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE MEMBER OF ASPIRATION FOUNDATION HAS THE RIGHT TO ELECT THE BOARD OF DIRECTORS AS WELL AS APPOINT THE PRESIDENT/CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING AND IS REVIEWED IN CONJUNCTION WITH ACCOUNTING AND FINANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF THE GOVERNING BOARD SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0475059122
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0INVESTMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0ASPIRATION PARTNERS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt04640 ADMIRALTY WAY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0MARINA DEL REY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd090292
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt069374
IRS990/TotalAssetsEOYAmt0191552
IRS990/TotalAssetsGrp/BOYAmt069374
IRS990/TotalAssetsGrp/EOYAmt0191552
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0209978
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt087800
IRS990/TotalFunctionalExpensesGrp/TotalAmt087800
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt069374
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0191552
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt087800
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0209978
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt069374
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0191552
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04551 GLENCOE AVE NO 300
IRS990/USAddress/CityNm0MARINA DEL REY
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090292
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREI CHERNY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02022954712
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASPIRATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ASPI
ReturnHeader/Filer/EIN0465074564
ReturnHeader/Filer/PhoneNum02022954712
ReturnHeader/Filer/USAddress/AddressLine1Txt04551 GLENCOE AVE NO 300
ReturnHeader/Filer/USAddress/CityNm0MARINA DEL REY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090292
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId045A0DEE88EBA5BC01B2D6E064F66B43F0304238A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0172.90.17.200
ReturnHeader/FilingSecurityInformation/IPDt02019-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm014:59:03
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/PreparationDt02019-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAUREN A HAVERLOCK
ReturnHeader/ReturnTs02019-11-05T15:27:46-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$191,552
Liabilities
$0
Net assets
$191,552
Revenue
$209,978
Expenses
$87,800
Net income
$122,178
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