2022-05-16T18:02:05-05:00 2021-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2020-07-01 136204790 ASPIRA OF NEW YORK INC ASPI 2125646880 15 WEST 36TH STREET NEW YORK NY 10018 CARMEN DIAZ-MALVIDO CEO 2125646880 2022-05-16 1 CARMEN DIAZ-MALVIDO 999009999 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2022-05-16 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z CARMEN DIAZ-MALVIDO 15 WEST 36TH STREET NEW YORK NY 10018 6757206 0 X WWW.ASPIRANY.ORG X 1965 NY TO DEVELOP THE INTELLECTUAL AND CREATIVE MINDS OF LATINO YOUTH TO ENTER AND CONTINUE THEIR EDUCATION IN THE PROFESSIONS, ARTS, AND TECHNICAL FIELDS TO SOLVE COMMUNITY PROBLEMS. 8 8 334 8 0 0 7250006 6745623 0 0 0 0 0 11583 7250006 6757206 0 35000 0 0 5117562 4258393 0 0 119084 1923770 2091475 7041332 6384868 208674 372338 2938604 3261999 3083098 3034155 -144494 227844 TO DEVELOP THE INTELLECTUAL AND CREATIVE MINDS OF LATINO YOUTH TO ENTER AND CONTINUE THEIR EDUCATION IN THE PROFESSIONS, ARTS, AND TECHNICAL FIELDS TO SOLVE COMMUNITY PROBLEMS. 0 0 5129222 35000 11583 AFTER SCHOOL AND COMMUNITY SERVICES:TO ASSIST THE YOUTHS IN TUTORIAL, COLLEGE PREPARATION, RECREATIONAL, LEADERSHIP DEVELOPMENT AND OTHER EDUCATIONAL SERVICES. 5129222 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 334 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X ALEXIS TORO TREASURER 2125646880 15 WEST 36TH STREET NEW YORK NY 10018 ALEXIS TORO TREASURER 1.00 X X 0 0 0 DORIS B GONZALEZ SECRETARY 0.50 X X 0 0 0 HERIBERTO OQUENDO JR BOARD MEMBER 0.50 X 0 0 0 MAGDA YRIZARRY VICE CHAIR 1.00 X X 0 0 0 MANUEL SOCORRO BOARD MEMBER 0.50 X 0 0 0 MATTHEW FERNANDEZ KONIGSBERG BOARD MEMBER 0.50 X 0 0 0 OSCAR ENRIQUE ESPINAL BOARD MEMBER 0.50 X 0 0 0 ROSEVELIE MARQUEZ MORALES CHAIR 1.00 X X 0 0 0 CARMEN DIAZ-MALVIDO CEO 37.50 X 149150 0 34794 149150 0 34794 1 0 1 0 NCHENG LLP 40 WALL ST NEW YORK NY 10005 ACCOUNTING SERVICES 344080 1 5531910 1213713 6745623 OTHER INCOME 900099 11583 11583 11583 6757206 11583 0 0 35000 35000 182914 64020 91457 27437 3494657 3327441 145598 21618 200561 197325 2792 444 380261 359925 18194 2142 50 50 633723 266908 344152 22663 479999 371203 100215 8581 11104 8587 2318 199 374414 32057 342357 12002 10516 1486 10660 10660 741 741 114010 51655 62355 PROGRAM EXPENSES 440535 404535 36000 BAD DEBTS 14237 14237 6384868 5129222 1136562 119084 685674 981849 2014354 2142732 120878 45118 68106 33611 9838 118 623 9720 48969 48969 2938604 3261999 709808 443516 1123290 939797 1250000 1536599 0 114243 3083098 3034155 X -144494 227844 -144494 227844 2938604 3261999 372338 0 X X 0 1 X 1 1 1 X 8978913 7281790 8579971 7250006 6745623 38836303 8978913 7281790 8579971 7250006 6745623 38836303 0 0 0 38836303 11583 11583 8978913 7281790 8579971 7250006 6757206 38847886 0.99970 1.00000 0.00000 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 11,583. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9838 118 9720 9720 DEFERRED RENT 114243 114243 X 6767233 33480 -23453 10027 6757206 0 6757206 6394895 33480 33480 6361415 23453 23453 6384868 PART X, LINE 2: ASPIRA ADOPTED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FASB ASC 740 REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A MORE LIKELY THAN NOT THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION OF FASB 740 HAD NO IMPACT ON ASPIRA'S STATEMENTS OF FINANCIAL POSITION OR STATEMENTS OF ACTIVITIES. ASPIRA DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THERE WAS NO ACCRUAL OF PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INDIRECT FUNDRAISING EXPENSE -23,453. PART XII, LINE 4B - OTHER ADJUSTMENTS: INDIRECT FUNDRAISING EXPENSE 23,453. 1 SCHOLARSHIPS 35 35000 PART I, LINE 2: STUDENTS HAVE TO SUBMIT A SCHOLARSHIP APPLICATION WHICH IS A FORMAL APPLICATION PROCESS WITH REQUIRED SUPPORTING DOCUMENTS. THE APPLICATIONS ARE REVIEWED AND GRANTS ARE AWARDED ACCORDINGLY. X 0 0 0 0 0 0 0 0 0 CARMEN DIAZ-MALVIDO CEO 149150 0 0 0 0 0 0 0 34794 0 183944 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO NCHENG LLP. THE ORGANIZATION COMPENSAGED NCHENG LLP FOR $344,080. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTANT PREPAPRES THE FORM 990. THE FORM IS SHARED WITH THE BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C STARTING IN FISCAL YEAR 2021 A CONFLICT OF INTEREST POLICY WAS PUT IN PLACE AND TRUSTEES AND KEY EMPLOYEES WERE REQUIRED TO SIGN AN ACKNOWLEDGEMENT AND DISCLOSURE OF CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A BOARD OF DIRECTOR'S DETERMINE THE CEO'S SALARY. THE CEO SALARIES ARE COMPARED WITH THEIR INDUSTRY PEERS AND REVIEWED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AS REQUIRED AND UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.