Aspire for Humanity Initiatives

Nonprofit profile at a glance

EIN
813876169
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Portland, ME, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Improvement, Capacity Building N.E.C.

Reported finances

Revenue
$144,952
Expenses
$117,553
Assets
$27,418

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Bertrand Mizero (Executive Director)

People named in this filing

  • Bertrand Mizero (Executive Director)
  • Julie Mudasumbwa (Secretary)
  • Lazare Rukundwa Sebitereko (Boad of Directors)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Aspire for humanity initiatives strives to build better communities by providing people with ways to come together as friends neighbors and citizens to create a firm foundation that enables them to solve problems and seize opportunities. The Mission of Aspire for Humanity initiatives is to transform the lives of marginalized population through sustainable and integrated development initiatives.

What it reported doing in 2024

Humanitarian Assistance specifically to Africa in Minembwe.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.2%; rating input score 79
  • Program expense ratio: 97.7%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 18.9%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -2.3% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: 0.7% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: 66.5% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 79.2% of revenue deployed · 97.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $115K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.