Aspen Academy
Savage, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,906,430↓2% | $7,639,776↓4% | $4,495,976↑10% | — |
| 2022 | $8,026,895↑3% | $7,986,795↑4% | $4,071,850↑3% | — |
| 2021 | $7,812,617↑19% | $7,694,926↑19% | $3,938,635↓16% | — |
| 2020 | $6,560,281↑5% | $6,482,608 | $4,684,202↓18% | — |
| 2019 | $6,246,712↑13% | $6,478,352↓5% | $5,685,013↓17% | — |
| 2018 | $5,522,134↑5% | $6,844,610↑3% | $6,884,387↓17% | — |
| 2017 | $5,254,706↑6% | $6,625,139↑28% | $8,254,870↑164% | — |
| 2016 | $4,942,545↓1% | $5,182,339↑8% | $3,125,519↑1% | — |
| 2015 | $5,004,836↑12% | $4,803,413↑14% | $3,089,028↑45% | — |
| 2014 | $4,482,692↑26% | $4,223,482↑30% | $2,123,097↑15% | — |
| 2013 | $3,569,969↑37% | $3,244,471↑40% | $1,841,375↑25% | — |
| 2012 | $2,610,960↑21% | $2,309,986↑35% | $1,478,170↑33% | — |
| 2011 | $2,162,746 | $1,711,153 | $1,107,834 | — |
Frequently Asked Questions
What does Aspen Academy do?▼
Aspen Academy is a education nonprofit organization based in Minnesota. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Aspen Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Aspen Academy has a score of 44/100 (Grade: C). 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 Aspen Academy generate?▼
Aspen Academy reports $8.5M in annual revenue and holds $4.1M in total assets, based on IRS filings.