Charity Search / ASPIRE FOUNDATION
Recreation & Sports (N32) 990 on File

ASPIRE FOUNDATION

EIN: 83-4048199 · CLINTON, TN 37716-3960 · United States · FY 2024 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 92/100
Reliability (20%) 45/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$20.4M
Total Revenue
$1.1M
Total Expenses
$78.5M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 75.8%
Fundraising Efficiency N/A
Operating Reserve 824.33x
Liability-to-Asset 8.0%
Revenue Diversification 79.7%
Compared with Peers
FY 2024
Compared with 1,615 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
75.8% 87.4%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
824.3 mo 8.2 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
8.0% 11.0%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
79.7% 89.6%
P10P90
Above median
Revenue growth
Year over year revenue growth
497.7% 9.3%
P10P90
Expense growth
Year over year expense growth
34.5% 9.5%
P10P90
Surplus margin
Surplus as a share of revenue
94.4% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $20.4M $1.1M $78.5M 75.8% —
2023 $3.4M $850K $59.3M 30.0% —
2022 $31.3M $279K $56.7M 38.1% —
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Organization Details
EIN
83-4048199
State
TN
City
CLINTON
ZIP
37716-3960
Classification
N32
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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