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Passes our checks

Aspira Inc of New Jersey

EIN 22-1859916 · Newark, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak27 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

ASPIRA INC OF NEW JERSEY DEVELOPS THE INTELLECTUAL AND CREATIVE CAPACITY OF PUERTO RICAN AND OTHER YOUTH IN THEIR COMMUNITY

Income
$829,526
Spending
$1.2 million
Spent on programs
82%
Reserves
1.9 months of spending
Largest source of income
government grants, 77%
Employees
40
Volunteers
0
Highest pay
$129,275, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 27 out of 100.

  • Reserves

    10 of 35

    Spendable reserves would cover 1.9 months of spending.

  • Debt

    2 of 20

    It owes 91% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 48% of income.

  • Income trend

    0 of 15

    Income fell 39% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 91 out of 100.

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $85,826 spent. WORK READINESS PROGRAM: ASSIST OUT OF WORK CLIENTS WITH DEVELOPMENT OF BASICS JOB SEARCH TECHNIQUES & ACQUISITION OF SOFT SKILLS NEEDED TO FIND AND SECURE EMPLOYMENT.
  2. $478,113 spent. EDUCATION LEADERSHIP DEVELOPMENT INCLUDING,21ST CENTURY: SUCCESSFULLY SERVED OVER 300 KIDS IN LUIS MUNOZ MARIN AND RAFAEL HERNANDEZ ELEMENTARY SCHOOLS DURING THE ACADEMIC YEAR IN FILL STEM PROGRAMMING FOR GRADES 4 TO 8. PROVIDED SCHOLARSHIPS TO 10 KIDS FOR ATTENDING COLLEGE,EXPANDED ASPIRA CLUBS TO MORE SCHOOLS INCLUDING BARRINGER HIGH SCHOOL AND TECHNOLOGY HIGH SCHOOL. EXPANDED PROGRAMMING TO NOW INCLUDE A PARTNERSHIP WITH NEWARK PUBLIC SCHOOLS AND PROGRAM FOR PARENTS TO OFFER SERVICES TO THE PRE K AND K CHILDREN AT LUIS MUNOZ MARIN, AVON AVE AND LUIS A SPENSCER SCHOOL
  3. PROVIDED JOB SERACH ASSSITANCE TO OVER 100 CLIENTS WHO RECEIVED PUBLIC ASSISTANCE THROUGH ESSEX COUNTY CITIZEN SERVICES. SERVICED OVER 450 CHILDREN THROUGH OUT SUMMER PROGRAM, PROVIDING THEM WITH MANY FUN AND EDUCATIONAL ACTIVITIES THROUHGOUT THE SUMMER AT MCKINLEY ELEMENTARY AND ELLIOT STREET SCHOOL.
  4. $444,272 spent. This is comprehensive support service that are provided to help children and families meet their needs by providing safe nature and support systems throughout different agencies and program within the state of NJ. Those programs are: Juvenile Justice Program, ASPIRA Fitness Boxing Program, Family Success Center, among others.
  5. This is comprehensive support service that are provided 444272. 0. 0.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1969.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.