Aspiranet

What it reported doing in 2024

Resource families - the organization offers treatment foster care, intensive treatment foster care, and adoption services for children with family challenges at 12 locations in California. The organization facilitates hundreds of adoption placements and finalizations for children who leave foster care to become part of forever families. The organization's resource families are dedicated to reducing the time children stay in foster care and creating permanency.residential - the organization operates a residential treatment center providing services for 52 youth between the ages of 10 and 17 referred by departments of social services, probation and mental health whose behavioral challenges are not able to be addressed at lower levels of care. The organization's excell center program qualified as a short-term residential treatment center in 2018.family and community - the organization is engaged in several community collaborations providing in-home family visitation services and child abuse prevention strategies focused on strengthening families. First five services include welcome home baby, a new mom support program and family resource centers, where families access services and supports. The organization's receiving centers provide a safe and supportive environment for children and youth brought into custody by child protective services as county social workers make decisions on the "best and hopefully last placement for these vulnerable children and youth.education - aspiranet provides two specialized educational programs designed to support students whose needs are not fully met in traditional school environments. The first program, fusion charter, is a trauma-responsive charter school that meets students where they are academically, socially, and emotionally. This small, supportive campus is designed especially for students who have struggled to succeed in larger traditional schools or who need opportunities for credit recovery. With a high staff-to-student ratio, the program emphasizes individualized support, relationship-building, and a whole-child approach to education. Alongside academic growth, the school prioritizes vocational readiness and life skills, preparing students for meaningful postsecondary pathways. The second program is a small nonpublic school, stanislaus academy, that serves a limited population of students who require a more specialized educational setting. This program provides a trauma-informed, highly structured environment for students experiencing behavioral, emotional, and educational challenges. Staff members are experienced in supporting students with complex needs and work closely with families and districts to create individualized learning plans in a safe, supportive environment that promotes stability, growth, and success.

Financial Efficiency

• Mission deployment rate: 80.8%; rating input score 81
• Program expense ratio: 89.3%; rating input score 89
• Fundraising efficiency: $822.04 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 83.3%; rating input score 83; 31st percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 10%; rating input score 73; 73rd percentile among comparable filings
• Total-asset coverage ratio: 0.72; rating input score 28; 28th percentile among comparable filings
• Liabilities to assets ratio: 0.49; rating input score 36; 36th percentile among comparable filings
• Officer compensation ratio: 2.2%; rating input score 51; 51st percentile among comparable filings

Growth

• Program expense growth: 5.2% per year; rating input score 100; 42nd percentile among comparable filings
• Revenue growth: 5.6% per year; rating input score 100; 49th percentile among comparable filings
• Asset growth: 9.1% per year; rating input score 100; 65th percentile among comparable filings