Aspira Of Delaware Charter Operations

Organization Overview

Aspira Of Delaware Charter Operations is located in Newark, DE. The organization was established in 2011. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspira Of Delaware Charter Operations is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Aspira Of Delaware Charter Operations generated $18.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $20.7m during the year ending 06/2021. While expenses have increased by 17.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE LAS AMERICAS ASPIRA ACADEMY (LAAA) IS TO EDUCATE AND EMPOWER EACH STUDENT TO REALIZE THEIR FULL POTENTIAL AND POSITIVELY IMPACT THEIR COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOOL OPERATIONS - ASPIRA ACADEMY WELCOMES STUDENTS FROM DIVERSE ETHNIC, RACIAL, LANGUAGE (ENGLISH & SPANISH), AND SOCIO-ECONOMIC BACKGROUNDS. HALF OF THE ACADEMY'S STUDENTS ARE PRIMARILY ENGLISH-SPEAKERS AND THE OTHER HALF ARE PRIMARILY SPANISH SPEAKERS.THE ACADEMY'S CURRICULUM IS RIGOROUS AND CHALLENGING. AT ASPIRA, THEY BELIEVE EVERY CHILD IS COLLEGE BOUND OR CAREER READY. ALL STUDENTS WILL BECOME BILINGUAL, BI-LITERATE AND BICULTURAL WITHIN SIX YEARS IN THE PROGRAM WHILE GAINING THE ACADEMIC, PHYSICAL, SOCIAL AND EMOTIONAL SKILLS TO SUCCEED IN SCHOOL AND IN LIFE.THE CURRICULUM IS ALIGNED WITH DELAWARE STANDARDS AND IS PROJECT-BASED, SO STUDENTS LEARN BY DOING.


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Board, Officers & Key Employees

Name (title)Compensation
Margie Lopez-Waite
Chief Executive Officer
$145,692
Greg Panchisin
Chief Operating Officer
$126,877
Tiffany Burton
Director (teacher Rep)
$49,534
Lourdes Puig
Chairperson (non-Voting)
$0
Donald Patton
Vice Chairperson
$0
Serah Jo Pesce
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Grayson Grayson & Associates Llc
Legal Services
$559,200
Sutton Bus & Truck Co Inc
Transportation Services
$803,596
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $17,234,718
All other contributions, gifts, grants, and similar amounts not included above$874,528
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$18,109,246
Total Program Service Revenue$550,967
Investment income $73,896
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,734,109

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Aspira Of Delaware Charter Operations has recieved totaling $395,188.

Awarding OrganizationAmount
Charter Fund Inc

Broomfield, CO

PURPOSE: CHARTER SCHOOL GROWTH

$250,000
New Schools Fund

Oakland, CA

PURPOSE: INNOVATIVE SCHOOLS

$135,000
Charter Fund Inc

Broomfield, CO

PURPOSE: CHARTER SCHOOL GROWTH

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$188
View Grant Recipient Profile

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