Civic Intelligence

Asspen Re Inc

990EZ • Fiscal year 2023 • EIN 81-1786418

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 30, 2024

1248 White Plains RdBronx, NY 10472

(732) 496-1092

Siviq Scores

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

Liabilities / Assets

94th percentile

0.94x

Higher debt load relative to assets than 94% of similar nonprofits.

2023 filings • NTEE X21 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.05x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • NTEE X21 • <$500k nonprofits • Source year 2023

Net Margin

10th percentile

-28%

Higher net margin than 10% of similar nonprofits.

2023 filings • NTEE X21 • <$500k nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2023 filings • NTEE X21 • <$500k nonprofits • Source year 2023

Asset Growth

35th percentile

-12%

Faster asset growth than 35% of similar nonprofits.

2023 filings • NTEE X21 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

18th percentile

-20%

Faster revenue growth than 18% of similar nonprofits.

2023 filings • NTEE X21 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$45,305

Down $5,927 (-12%) from 2022

Net Assets

Down

$2,828

Down $7,448 (-72%) from 2022

Liabilities

Up

$42,477

Up $1,521 (+3.7%) from 2022

Revenue

Down

$40,324

Down $10,393 (-20%) from 2022

Expenses

Down

$51,568

Down $5,323 (-9.4%) from 2022

Net Income

Down

-$11,244

Down $5,070 (-82%) from 2022

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2021: $53,170Liabilities 2021: $16,028Net Assets 2021: $37,1422021Assets 2022: $51,232Liabilities 2022: $40,956Net Assets 2022: $10,2762022Assets 2023: $45,305Liabilities 2023: $42,477Net Assets 2023: $2,8282023

Highlighted filing

2023

Assets$45,305
Liabilities$42,477
Net Assets$2,828

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2021: $56,545Expenses 2021: $52,289Net Income 2021: $4,2562021Revenue 2022: $50,717Expenses 2022: $56,891Net Income 2022: -$6,1742022Revenue 2023: $40,324Expenses 2023: $51,568Net Income 2023: -$11,2442023

Highlighted filing

2023

Revenue$40,324
Expenses$51,568
Net Income-$11,244
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 30, 2024
Return Version
2023v5.0
Gross Receipts
$40,324
Mission and Program Overview

Mission

SOCIAL ASSISTANCE

Program Services

DescriptionGrantsExpenses
NONE--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSE MARTINEZRegional BishopFT$0--
MAYRA REYES LUGOVice PresidentFT$0--
GERARDO GUILLENSecretaryPT$0--
FELIPE FIGUEROATreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Asspen Re Inc
EIN
81-1786418
Address
1248 WHITE PLAINS RD, Bronx, NY 10472

Signing Officer

Name
Orlando Sanchez
Title
Asspen Director
Phone
7324961092
Signed
2024-03-30
Discuss with paid preparer
No

Preparer

Firm
Green Ledger Accounting Services
Address
4250 BROADWAY STE 3W, New York, NY 10033
Preparer
Jose a Rodriguez
Phone
2129230011
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountAdvertising & Design (webpage) 600Bank Service Charge 36Dinner, Meetings & Representation 163Christmas Expense 1,200Love Offering & Donations 4,215Automovile Expenses and Others 10,236Recognition & Homenage 650Transportation & Distibution 13,267Special Events & Program 13,430Conference and Convention meeting 3,907

Description of other assets Part II line 24

Category Beginning of Year End of YearVehicle 41,855 41,855Other Assets 541 1,828

Description of total liabilities Part II line 26

Category Beginning of Year End of YearEMERGENCY FUND 37,015 42,332Accounts Payable 145 145

Raw XML Appendix124 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ORLANDO SANCHEZ
IRS990EZ/BooksInCareOfDetail/PhoneNum07324961092
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01248 WHITE PLAINS RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Bronx
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010472
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08836
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01622
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt040324
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11244
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0604
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt051232
IRS990EZ/Form990TotalAssetsGrp/EOYAmt045305
IRS990EZ/GrossReceiptsAmt040324
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014072
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02828
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014072
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02828
IRS990EZ/OccupancyRentUtltsAndMaintAmt03070
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSE MARTINEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MAYRA REYES LUGO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GERARDO GUILLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3FELIPE FIGUEROA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0REGIONAL BISHOP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt042396
IRS990EZ/OtherAssetsTotalDetail/EOYAmt043683
IRS990EZ/OtherExpensesTotalAmt047704
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SOCIAL ASSISTANCE
IRS990EZ/PrintingPublicationsPostageAmt0190
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NONE
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt037160
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt042477
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt051568
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt040324
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.asspen.org
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAdvertising & Design (webpage) 600Bank Service Charge 36Dinner, Meetings & Representation 163Christmas Expense 1,200Love Offering & Donations 4,215Automovile Expenses and Others 10,236Recognition & Homenage 650Transportation & Distibution 13,267Special Events & Program 13,430Conference and Convention meeting 3,907
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearVehicle 41,855 41,855Other Assets 541 1,828
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearEMERGENCY FUND 37,015 42,332Accounts Payable 145 145
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ORLANDO SANCHEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSPEN DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07324961092
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSPEN RE INC
ReturnHeader/Filer/BusinessNameControlTxt0ASSP
ReturnHeader/Filer/EIN0811786418
ReturnHeader/Filer/USAddress/AddressLine1Txt01248 WHITE PLAINS RD
ReturnHeader/Filer/USAddress/CityNm0Bronx
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010472
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREEN LEDGER ACCOUNTING SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04250 BROADWAY STE 3W
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010033
ReturnHeader/PreparerPersonGrp/PhoneNum02129230011
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSE A RODRIGUEZ
ReturnHeader/ReturnTs02024-04-05T15:06:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ORLANDO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SANCHEZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings