Skip to content

Maine · Nonprofit

AROOSTOOK ASPIRATIONS INITIATIVE

AROOSTOOK ASPIRATIONS INITIATIVE (Maine) receives grants from 5 organizations whose IRS filings report $46,491 to it, the largest being FISHER CHARITABLE FOUNDATION ($27,500). 3 of them have funded it in more than one year.

Revenue FY2023
$21k
Funders on record
5
Grants received
$46k
Net assets
$0
3/5 repeat funderspeak grant-dependency 9%
01What it does

What Aroostook Aspirations Initiative does

Mission

The company is organized exclusively to promote charitable, scientific, and educational purposes. The purpose of the company is to: (a)promote access and availability of higher education opportunities to maine's high school graduates (b)provide financial assistance to academically deserving and/or financially needy high school graduates in maine in the form of scholarship grants or award and (c)raise funds and accept contributions, grants, or gifts from any public or private agency, organization, or individual for the purpose of financing its activities and expending those monies for the purposes of the corporation.

As stated on its FY2023 Form 990.

Program

  1. We will award a 1,000 scholarship for a senior in each of the 16 high schools in aroostook county. Our priority population is the first generation and/or economically disadvantaged aroostook county youth who selects one of the 3 colleges located in aroostook county or the 1 college in kennebec county.

The program described on its FY2023 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($236k) Expenses 100 ($255k) Net assets 100 ($341k)2018 Revenue 54 ($128k) Expenses 37 ($95k) Net assets 110 ($374k)2019 Revenue 60 ($141k) Expenses 44 ($111k) Net assets 127 ($433k)2021 Revenue 54 ($129k) Expenses 38 ($97k) Net assets 168 ($573k)2022 Revenue 32 ($74k) Expenses 23 ($59k) Net assets 156 ($533k)2023 Revenue 9 ($21k) Expenses 9 ($23k) Net assets 0 ($0)
201720182019202120222023
Revenue (9)Expenses (9)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $533k to $0 (−100%).

$342k
$375k
$435k
$573k
$533k
$0
201720182019202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2021
2022
2023
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

−$19k
’17
$33k
’18
$30k
’19
$32k
’21
$15k
’22
−$3k
’23
45
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201720182019202120222023
Listed191412999
Joined·+4+2·+0+0
No longer listed·94·00
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $13k → $16.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of AROOSTOOK ASPIRATIONS INITIATIVE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AROOSTOOK ASPIRATIONS INITIATIVE leans on a few funders — its largest provides 59% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

41% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AROOSTOOK ASPIRATIONS INITIATIVE.

59%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 56% · 2018 100% · 2019 60% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of AROOSTOOK ASPIRATIONS INITIATIVE's grant income comes from Maine funders.

ME
MN

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
Maine out of state home

Funder states come from each funder’s own filing. $11k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like AROOSTOOK ASPIRATIONS INITIATIVE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maine

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 100%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

87%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for AROOSTOOK ASPIRATIONS INITIATIVE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AROOSTOOK ASPIRATIONS INITIATIVE?
AROOSTOOK ASPIRATIONS INITIATIVE (Maine) receives grants from 5 organizations whose IRS filings report $46,491 to it, the largest being FISHER CHARITABLE FOUNDATION ($27,500). 3 of them have funded it in more than one year.
How many funders does AROOSTOOK ASPIRATIONS INITIATIVE have?
IRS filings report 5 organizations giving $46,491 in grants to AROOSTOOK ASPIRATIONS INITIATIVE, 3 of which have funded it in more than one year.
Who is the largest funder of AROOSTOOK ASPIRATIONS INITIATIVE?
FISHER CHARITABLE FOUNDATION is the largest funder on record, with $27,500 in grants. The full list of funders is on this page.
How can an organization like AROOSTOOK ASPIRATIONS INITIATIVE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Aroostook Aspirations Initiative →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing