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Aspira Of New York Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136204790 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Aspira Of New York Inc?

Aspira of New York Inc, located in New York City, is a nonprofit organization with a mission to stimulate the intellectual and creative potential of Latino youth. They offer after-school and community services, aiming to prepare these young individuals for higher education in various professions, arts, and technical fields. Their goal is to empower these youth to contribute positively to their communities by solving existing issues. With a workforce of approximately 402 employees, they provide tutorial assistance, college preparation, recreational activities, leadership development, and numerous educational services.


Official website here: www.aspirany.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.

Aspira of New York Inc has received an overall score of 81%, indicating a solid level of accountability and finance management. The score is derived entirely from its Accountability & Finance metrics, where the organization demonstrates strong governance practices, including a fully independent board and comprehensive financial oversight measures.

The organization excels in several key areas, achieving full marks for having a majority of independent board members, maintaining robust audit and oversight committees, and implementing essential policies such as conflict of interest and whistleblower protections. Additionally, Aspira allocates a significant portion of its expenses toward programs, reflecting a commitment to its mission and effective resource management.

However, the organization faces a challenge with its liabilities to assets ratio, which received no points in this category. This may suggest potential financial risk or leverage concerns that could impact its long-term sustainability. Overall, while Aspira of New York Inc showcases strong accountability practices, the financial stability aspect warrants attention from stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Aspira Of New York Inc legitimate?

Aspira Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspira Of New York Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $182,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,181,069

For more financial information, click here


Official website here: www.aspirany.org

What is the mission statement of Aspira Of New York Inc?

Aspira of New York Inc's mission is centered around developing the intellectual and creative abilities of Latin youth. The organization aims to prepare these young individuals for further education in professional, artistic, and technical fields. By doing so, they hope to empower these young minds to tackle and solve community issues. Their activities extend beyond the classroom, providing after-school and community services such as tutorial support, college preparation, recreational activities, and leadership development.


Official website here: www.aspirany.org

Who is the CEO of Aspira Of New York Inc?

Carmen Diaz-Malvido is the Treasurer of Aspira Of New York Inc. The CEO's salary of Aspira Of New York Inc is $150,000 and their total compensation is $189,792.


Official website here: www.aspirany.org

What is the revenue of Aspira Of New York Inc?

Aspira Of New York Inc's revenue in 2022 was $7,800,975.


Official website here: www.aspirany.org

Who are the executives of Aspira Of New York Inc and what are their salaries?

The average compensation at Aspira Of New York Inc during 2022 was $10,856. There are 402 employees and 8 volunteers at Aspira Of New York Inc.


Here are 9 key members and their salaries (Aspira Of New York Inc's CEO's salary is $150,000 and their total compensation is $189,792):


Alexis Toro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris B Gonzalez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heriberto Oquendo Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Magda Yrizarry (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel Socorro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Fernandez Konigsberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Enrique Espinal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosevelie Marquez Morales (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Diaz-Malvido (Ceo)
  • Compensation: $150,000
  • Related: $0
  • Other: $39,792


Official website here: www.aspirany.org

Where can I find the form 990 for Aspira Of New York Inc?

Aspira Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aspirany.org

Learn more at the official website: www.aspirany.org

Mission Statement of Aspira Of New York Inc

Aspira of New York Inc, a nonprofit organization, is dedicated to fostering the intellectual and creative growth of Latinx youth. Its mission is to empower these young individuals, inspiring them to pursue higher education in various fields such as professions, arts, and technology. By doing so, Aspira aims to equip them with the necessary skills to address and solve community issues.

In essence, Aspira of New York Inc seeks to cultivate a new generation of leaders and innovators within the Latinx community. It achieves this by providing after-school and community services, including tutorial support, college preparation, recreational activities, and leadership development programs. Through these initiatives, Aspira helps young Latinx individuals to build their academic foundations and develop the confidence and abilities needed to contribute positively to their communities.

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Impact




October, 2024

Aspira Of New York Inc plays a significant role in empowering Latino youth by fostering their intellectual and creative development. Through a variety of after-school and community services, the organization focuses on providing essential resources and support in areas like tutoring, college preparation, and leadership development. This holistic approach not only aids students in their academic pursuits but also encourages them to explore professions in the arts and technical fields.

By equipping young people with the necessary skills and knowledge, Aspira of New York Inc directly contributes to addressing community challenges. Its emphasis on education and personal growth allows youth to become proactive members of society who can solve problems within their communities. The organization's impact resonates through the lives of the individuals it serves, helping to cultivate a new generation of leaders equipped to make meaningful contributions to their fields and neighborhoods.




This information is meant to be a general summary of Aspira Of New York Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,800,975 (2022)
Expenses
$7,608,426 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $7,918,996

Assets and Liabilities:

  • Total Assets: $4,263,114
  • Total Liabilities: $3,842,721
  • Net Assets: $420,393

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Organization Details

Founding Year

1965

Principal Officer

Carmen Diaz-Malvido

Main Address

15 WEST 36TH STREET, NEW YORK, NY, 10018

NTEE Category

Code: P300 - Human services

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