Aspire Clarksville
- Assets
- $2.7m
- Revenue
- $472.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Clarksville, TN
- Founding
- 08/2005
- Data as of
- 06/2023
- EIN
- 20-1825049
Organization Overview
Aspire Clarksville is located in Clarksville, TN. The organization was established in 2005. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspire Clarksville is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Aspire Clarksville generated $472.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $718.6k during the year ending 06/2023. While expenses have increased by 3.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aspire Clarksville has awarded 32 individual grants totaling $5,793,497. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING AND MARKETING BUSINESS DEVELOPMENT AND ECONOMIC GROWTH IN THE CLARKSVILLE-MONTGOMERY COUNTY, TENNESSEE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASPIRE CLARKSVILLE PROVIDED CASH GRANTS DURING THE FISCAL YEAR ENDED TO PROMOTE THE ECONOMIC WELFARE OF THE 220,000+ RESIDENTS OF THE CLARKSVILLE-MONTGOMERY COUNTY, TN AREA, INCLUDING OVER 23,000 SOLDIERS AND THEIR FAMILIES OF THE NEARBY FORT CAMPBELL ARMY POST. AGENCIES RECEIVING GRANTS INCLUDED ENTITIES SUCH AS THE CLARKSVILLE AREA CHAMBER OF COMMERCE AND THE CLARKSVILLE-MONTGOMERY COUNTY ECONOMIC DEVELOPMENT COUNCIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buck Dellinger Executive Dir. | OfficerTrustee | 5 | $0 |
Joe Maynard Secretary/treas | OfficerTrustee | 1 | $0 |
Steve Smith Director | Trustee | 1 | $0 |
Brad Martin Chair-Elect | OfficerTrustee | 1 | $0 |
Paul Turner Edc Seat | Trustee | 1 | $0 |
Charlie Foust Chairman | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $463,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $463,600 |
| Total Program Service Revenue | $0 |
| Investment income | $8,749 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $472,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $703,696 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,929 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $718,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,843,547 |
| Savings and temporary cash investments | $322,952 |
| Pledges and grants receivable | $531,313 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,697,812 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $196,996 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $196,996 |
| Net assets without donor restrictions | $1,101,250 |
| Net assets with donor restrictions | $1,399,566 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,697,812 |
Grants Awarded
Over the last fiscal year, Aspire Clarksville has awarded $703,696 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CLKS AREA CHAMBER OF COMMERCE PURPOSE: ECONOMIC DEVELOPMENT | $82,943 |
CLKS-MONT CO ECON DEVEL COUNCIL PURPOSE: ECONOMIC DEVELOPMENT | $620,753 |