Aspire Movement Inc
- Assets
- $222.1k
- Revenue
- $498.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Birmingham, AL
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-5628341
Organization Overview
Aspire Movement Inc is located in Birmingham, AL. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Aspire Movement Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspire Movement Inc 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 12/2022, Aspire Movement Inc generated $498.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $434.3k during the year ending 12/2022. While expenses have increased by 13.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ASPIRE MOVEMENT IS TO ADDRESS THE URBAN CRISIS BY PROVIDING MENTORS AS ADVOCATES FOR AT-RISK URBAN YOUTH, TO PROVIDE STRUCTURE AND SUPPORT FOR MENTORS THROUGH A NETWORK OF RESOURCES TO BE USED FOR THE PERSONAL GROWTH AND DEVELOPMENT OF STUDENTS, AND TO PREVENT HIGH SCHOOL DROPOUT, TEENAGE PREGNANCY, AND OVERALL CRIME IN THE COMMUNITY BY ENCOURAGING AND PROVIDING MEANS FOR AT-RISK YOUTH TO FLOURISH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFE-ON-LIFE MENTORING DISCIPLESHIP IS OUR PRIMARY FOCUS FOR REACHING URBAN YOUTH. THIS IS WHERE WE MATCH GODLY MEN AND WOMEN WITH 4TH OR 5TH GRADE STUDENTS TO MAKE A COMMITMENT TO WALK ALONGSIDE THEM, BUILDING A LONG-TERM RELATIONSHIP THAT IS MUTUALLY TRANSFORMING. OUR MENTORS TYPICALLY SPEND AN AVERAGE OF 5 HOURS A MONTH WITH THEIR STUDENT. WE ASK OUR MENTORS TO MEET AT LEAST TWO TIMES A MONTH WITH THE STUDENT IN A VARIETY OF CONTEXTS. MENTORING TAKES PLACE EVERYWHERE AND MOST OF THE TIME IT IS DONE SIMPLY BY GETTING TO KNOW ONE ANOTHER. CURRENTLY THERE ARE 175 YOUTH IN OUR LIFE-ON- LIFE MENTORING.
LAUNCHPREP IS CAREER FOCUSED MENTORING WHERE WE WORK WITH HIGH SCHOOL STUDENTS TO DISCOVER, DEVELOP, AND DEPLOY INTO A SOLID CAREER. THIS IS AVAILABLE TO EVERY STUDENT IN ASPIRE'S PROGRAM BUT HAS EXPANDED TO SERVE THE GREATER BIRMINGHAM METRO AREA. WE HAVE SERVED 25 STUDENTS IN 2022 WITH EXPANSION PLANS TO REACH 100 STUDENTS IN 2023.
LIFE GROUP MENTORING IS A CHARACTER-BASED SMALL GROUP MENTORING MODEL. OUR MENTORS COME ONCE A WEEK FOR 8 WEEKS IN THE FALL AND 8 WEEKS IN THE SPRING TO DEVELOP THE NEXT GENERATION OF YOUTH IN PUBLIC SCHOOLS. WE HAVE SERVED 30 STUDENTS IN 2022 BUT OVER 400 DURING A 10-YEAR PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Williams Executive Di | OfficerTrustee | 60 | $75,822 |
Brad Ainsworth Director | Trustee | 2 | $0 |
Jim Cavale Vice Chairma | Trustee | 2 | $0 |
Gene Darden Director | Trustee | 2 | $0 |
Charles Freeman Treasurer | Trustee | 2 | $0 |
Scott Mcglaun Chairman | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,710 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $468,509 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $498,219 |
| Total Program Service Revenue | $0 |
| Investment income | $15 |
| 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 | $498,245 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $115,905 |
| Compensation of current officers, directors, key employees. | $11,590 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,900 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,896 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,319 |
| Fees for services: Accounting | $2,330 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,421 |
| Advertising and promotion | $0 |
| Office expenses | $3,534 |
| Information technology | $39,102 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,184 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $199 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $214 |
| Insurance | $0 |
| All other expenses | $6,994 |
| Total functional expenses | $434,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,724 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $2,358 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,000 |
| Total assets | $222,082 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $1,851 |
| Total liabilities | $1,851 |
| Net assets without donor restrictions | $200,101 |
| Net assets with donor restrictions | $20,130 |
| 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 | $222,082 |