Aspire Carolinas Foundation Inc

Organization Overview

Aspire Carolinas Foundation Inc is located in Belmont, NC. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Aspire Carolinas Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspire Carolinas Foundation 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 06/2022, Aspire Carolinas Foundation Inc generated $5.2m in total revenue. All expenses for the organization totaled $754.6k during the year ending 06/2022. While expenses have increased by 90.0% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ASPIRE CAROLINAS FOUNDATION, INC., IS A NON-PROFIT ORGANIZATION DESIGNED TO DEVELOP, SUPPORT, AND MAINTAIN SCHOOLS THAT TEACH CHILDREN WITH AUTISM/ ASPERGER'S ANDLEARNING DIFFERENCES IN THE GREATER CHARLOTTE REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HALTON SCHOOL: AN EXTRAORDINARY SCHOOL DESIGNED FOR 3-8TH GRADERS WITH ASPERGERS AND TRAITS ASSOCIATED WITH AUTISM SPECTRUM DISORDER. IN RESPONSE TO THE LIMITED EDUCATION OPTIONS IN THE GREATER CHARLOTTE REGION FOR AVERAGE- TO ABOVE-AVERAGE INTELLIGENCE CHILDREN WITH ASPERGER?S/AUTISM SPECTRUM DISORDER AND OTHER SPECIFIC LEARNING DIFFERENCES, ASPIRE CAROLINAS FOUNDATION WILL OPEN THE HALTON SCHOOL, THE FIRST OF THREE SCHOOLS IN THE HUNTERSVILLE EDUCATION VILLAGE


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Nichols
Director
$100,000
Dale Halton
Vice-Chair
$0
Lauren Nicholson
Treasurer
$0
Derek Partee
Secretary
$0
James Secuda
Chair
$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$4,755,827
Noncash contributions included in lines 1a–1f $4,655,832
Total Revenue from Contributions, Gifts, Grants & Similar$4,755,827
Total Program Service Revenue$446,050
Investment income $1,414
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $36,544
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,242,941

Peer Organizations

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