BEducationEIN: 205919412· Ruling Year: 2008

Aspire Charter Academy Inc

Gary, Indiana

B-Health Score
47B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.01×
Peer Median9.48×
💰
$9.9M
Total Revenue
📊
$9.9M
Total Expenses
🏦
$122K
Net Assets
📋
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.0%
Year-over-year change (2022 → 2023)
Net Margin
-0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.01
Net assets divided by total expenses
Liabilities-to-Assets
89.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,855,34713%$9,866,76114%$1,178,13064%
2022$8,718,19211%$8,634,7089%$3,292,32518%
2021$7,877,5548%$7,885,9278%$2,787,19459%
2020$7,294,1916%$7,290,4886%$1,749,34213%
2019$7,760,8422%$7,785,3182%$1,546,44443%
2018$7,608,1493%$7,626,3593%$1,078,19217%
2017$7,407,4113%$7,428,9703%$922,267157%
2016$7,170,6353%$7,200,4083%$358,54088%
2015$7,410,7042%$7,431,4032%$3,022,4395%
2014$7,272,86616%$7,296,25718%$2,881,8493%
2013$6,252,4449%$6,198,98110%$2,979,7101%
2012$6,890,89310%$6,892,32910%$3,022,80112%
2011$6,288,669$6,293,270$2,695,489

Frequently Asked Questions

What does Aspire Charter Academy Inc do?

Aspire Charter Academy Inc is a education nonprofit organization based in Indiana. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Aspire Charter Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Aspire Charter Academy Inc has a score of 47/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Aspire Charter Academy Inc generate?

Aspire Charter Academy Inc reports $11.4M in annual revenue and holds $2.6M in total assets, based on IRS filings.

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