Civic Intelligence

Asspen Re Inc

990EZ • Fiscal year 2024 • EIN 81-1786418

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 28, 2025

Organization Profilewww.asspen.org
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

97th percentile

1.22x

Higher debt load relative to assets than 97% of similar nonprofits.

2024 filings • NTEE X21 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

2.46x

Higher debt load relative to revenue than 98% of similar nonprofits.

2024 filings • NTEE X21 • <$500k nonprofits • Source year 2024

Net Margin

5th percentile

-57%

Higher net margin than 5% of similar nonprofits.

2024 filings • NTEE X21 • <$500k nonprofits • Source year 2024

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.

2024 filings • NTEE X21 • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-3.6%

Faster asset growth than 42% of similar nonprofits.

2024 filings • NTEE X21 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-46%

Faster revenue growth than 7% of similar nonprofits.

2024 filings • NTEE X21 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$43,683

Down $7,549 (-15%) from 2022

Net Assets

Down

-$9,451

Down $19,727 (-192%) from 2022

Liabilities

Up

$53,134

Up $12,178 (+30%) from 2022

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin5th percentile

Revenue

Down

$21,629

Down $29,088 (-57%) from 2022

Expenses

Down

$33,908

Down $22,983 (-40%) from 2022

Net Income

Down

-$12,279

Down $6,105 (-99%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$60K$40K$20K$0-$20KAssets 2021: $53,170Liabilities 2021: $16,028Net Assets 2021: $37,1422021Assets 2022: $51,232Liabilities 2022: $40,956Net Assets 2022: $10,2762022Assets 2024: $43,683Liabilities 2024: $53,134Net Assets 2024: -$9,4512024

Highlighted filing

2024

Assets$43,683
Liabilities$53,134
Net Assets-$9,451
Open 2024 Filing

Operations Trend

Revenue Growth7th percentile

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 2024: $21,629Expenses 2024: $33,908Net Income 2024: -$12,2792024

Highlighted filing

2024

Revenue$21,629
Expenses$33,908
Net Income-$12,279
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.1
Gross Receipts
$21,629
Mission and Program Overview

Mission

SOCIAL ASSISTANCE

Program Services

DescriptionGrantsExpenses
NONE-$0
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSE MARTINEZRegional BishopFT$0--
MAYRA REYES LUGOVice PresidentFT$0--
GERARDO GUILLENSecretaryPT$0--
HECTOR OTEROTreasurerPT$0--
ORLANDO SANCHEZAsspen DirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Asspen Re Inc
EIN
81-1786418
In Care Of
% ORLANDO SANCHEZ
Phone
7324961092
Address
1248 WHITE PLAINS RD, Bronx, NY 10472

Signing Officer

Name
Orlando Sanchez
Title
Asspen Director
Phone
7324961092
Signed
2025-04-28
Discuss with paid preparer
No

Preparer

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

Additional Explanations

Description of other expenses Part I line 16

“Description AmountCHRISTMAS 1,325LOVE OFFERING & DONATIONS 2,672RECOGNITIONS & HOMAGE 1,150SPECIAL EVENTS & PROGRAM 949SUPPLIES 75TRANSPORTATION & DISTRIBUTION FOOD 8,496BUSINESS EXPENSE 8,898TRAVEL & MEETINGS 4,488”

Description of other assets Part II line 24

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

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearEMERGENCY FUND 42,332 43,432Accounts Payable 145 145TD Bank (Checking Acc ) 0 9,557”

Raw XML Appendix128 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/BOYAmt01622
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt021629
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-12279
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02750
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt045305
IRS990EZ/Form990TotalAssetsGrp/EOYAmt043683
IRS990EZ/GrossReceiptsAmt021629
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02828
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-9451
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02828
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-9451
IRS990EZ/OccupancyRentUtltsAndMaintAmt03105
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt440.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSE MARTINEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MAYRA REYES LUGO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GERARDO GUILLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3HECTOR OTERO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ORLANDO SANCHEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0REGIONAL BISHOP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4ASSPEN DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt043683
IRS990EZ/OtherAssetsTotalDetail/EOYAmt043683
IRS990EZ/OtherExpensesTotalAmt028053
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SOCIAL ASSISTANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NONE
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt042477
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt053134
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt033908
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt021629
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.asspen.org
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountCHRISTMAS 1,325LOVE OFFERING & DONATIONS 2,672RECOGNITIONS & HOMAGE 1,150SPECIAL EVENTS & PROGRAM 949SUPPLIES 75TRANSPORTATION & DISTRIBUTION FOOD 8,496BUSINESS EXPENSE 8,898TRAVEL & MEETINGS 4,488
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearVehicle 41,855 41,855Other Assets 1,828 1,828
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearEMERGENCY FUND 42,332 43,432Accounts Payable 145 145TD Bank (Checking Acc ) 0 9,557
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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ORLANDO SANCHEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSPEN DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07324961092
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSPEN RE INC
ReturnHeader/Filer/BusinessNameControlTxt0ASSP
ReturnHeader/Filer/EIN0811786418
ReturnHeader/Filer/InCareOfNm0% ORLANDO SANCHEZ
ReturnHeader/Filer/PhoneNum07324961092
ReturnHeader/Filer/USAddress/AddressLine1Txt01248 WHITE PLAINS RD
ReturnHeader/Filer/USAddress/CityNm0Bronx
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010472
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133757274
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREEN LEDGER ACCOUNTING SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04250 BROADWAY SUITE 3W
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010033
ReturnHeader/PreparerPersonGrp/PhoneNum02129230011
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSE A RODRIGUEZ
ReturnHeader/ReturnTs02025-04-29T10:46:05-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,683
Liabilities
$53,134
Net assets
-$9,451
Revenue
$21,629
Expenses
$33,908
Net income
-$12,279
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$43.7$53.1$9.45$21.6$33.9$12.3
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.2$41.0$10.3$50.7$56.9$6.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.2$16.0$37.1$56.5$52.3$4.26