Aspire Community Capital
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Radically Transforming Lives and Communities through Business Ownership
- Income
- $549,724
- Spending
- $788,592
- Spent on programs
- 71%
- Reserves
- 1.3 months of spending
- Largest source of income
- donations and private grants, 59%
- Employees
- 5
- Volunteers
- 25
- Highest pay
- $105,677, ceo
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: 46 out of 100. Higher than 14% of charities in its peer group (education, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.3 months of spending.
Debt
16 of 20It owes 23% of what it owns.
Living within its means
0 of 15Spending exceeded income by 43% of income.
Income trend
5 of 15Income fell 19% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 15 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: 93 out of 100. Higher than 90% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2516 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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 (1)
- $558,430 spent. ASPIRE Community Capital delivered a continuum of programs during the fiscal year designed to strengthen the financial capacity of underestimated entrepreneurs. Our programming equipped small business owners with the knowledge, tools, and individualized support needed to make informed financial decisions, improve operational stability, and progress toward capital readiness.WorkshopsASPIRE delivered a series of interactive financial literacy and business education workshops in partnership with trusted ecosystem organizations. These sessions equipped partner cohorts with foundational skills in budgeting, cash flow management, pricing, and financial decision-making.BootcampsThe organization conducted intensive programs, including the Access to Capital Bootcamp and the Business Planning Bootcamp, which guided entrepreneurs through developing business plans, building financial forecasts, and preparing to pursue capital. These programs strengthened participants operational capacity and competitiveness in capital markets.CoachingASPIRE provided one-on-one coaching and technical assistance to help entrepreneurs apply program concepts, implement financial systems, and strengthen decision-making processes. Coaching supported participants in tracking key metrics, improving financial practices, and advancing toward sustainable growth and capital readiness.Collectively, these programs advanced ASPIREs mission to build better borrowersentrepreneurs who are confident, informed, and positioned for long-term success.
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
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.
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.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.