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Minnesota · Nonprofit

ASPEN ACADEMY

ASPEN ACADEMY (Minnesota) receives grants from 6 organizations whose IRS filings report $90,984 to it, the largest being Global Impact ($37,676). 4 of them have funded it in more than one year.

Revenue FY2025
$9.4M
Funders on record
6
Grants received
$91k
Net assets
$-756016
4/6 repeat funderspeak grant-dependency 1%
01What it does

What Aspen Academy does

Mission

To provide students with a well-rounded and core knowledge-based education.

As stated on its FY2025 Form 990.

Program

  1. Aspen Academy offers small class sizes that provide a sense of community. Aspen Academy provides a literature-rich, core knowledge curriculum that includes singapore math. Aspen Academy has elementary spanish, art, music, and pe programs. Average daily enrollment for the year ended june 30, 2025, was 642 students spread from kindergarten through eighth grade.

    $8,259,550 spent$279,652 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,259,550.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.3M) Expenses 100 ($6.6M)2018 Revenue 105 ($5.5M) Expenses 103 ($6.8M)2019 Revenue 119 ($6.2M) Expenses 98 ($6.5M)2020 Revenue 125 ($6.6M) Expenses 98 ($6.5M)2021 Revenue 149 ($7.8M) Expenses 116 ($7.7M)2022 Revenue 153 ($8.0M) Expenses 121 ($8.0M)2023 Revenue 150 ($7.9M) Expenses 115 ($7.6M)2024 Revenue 161 ($8.5M) Expenses 126 ($8.3M)2025 Revenue 179 ($9.4M) Expenses 140 ($9.2M)
'17'18'19'20'21'22'23'24'25
Revenue (179)Expenses (140)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $8.3M to $6.9M (−17%).

$8.3M
$6.9M
$5.7M
$4.7M
$3.9M
$4.1M
$4.5M
$4.1M
$4.6M
'17'18'19'20'21'22'23'24'25
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
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 95% · 2018 94% · 2019 94% · 2020 96% · 2021 98% · 2022 97% · 2023 94% · 2024 97% · 2025 97%. Grants only. Government contracts and fees sit inside program revenue.

97% of ASPEN ACADEMY’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$1.4M
’17
−$1.3M
’18
−$232k
’19
$78k
’20
$118k
’21
$40k
’22
$267k
’23
$162k
’24
$147k
’25
2.0
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.

Chief executive

Melanie Jiskra

Executive director

Board chair

Andrew Price

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24'25
Listed108101011128128
Joined·+2+4+4+3+2+1+4+1
No longer listed·42421505
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $2k → $20k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 43% 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 ASPEN ACADEMY’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

ASPEN ACADEMY leans on a few funders — its largest provides 41% of grant income and the top three 95%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

76% 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 ASPEN ACADEMY.

41%
largest funder
95%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 98% · 2020 100% · 2021 95% · 2022 90% · 2023 51% — diversifying over time.

“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

58% of ASPEN ACADEMY's grant income comes from Minnesota funders.

MN
IL
AZ
FL

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

’17
’18
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $39k 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

Against its field

ASPEN ACADEMY's funding base is broadening — from 1 funders to 3 as grant income climbed.

Operating margin2% · below the median
Months of reserve2.0mo · below the median
Revenue growth (annualized)8% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Government funding ASPEN ACADEMY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $12k on record.

State$12k
Top programs
  • DISTRIBUTION TO CONTRACT SVC PROVIDER$12k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ASPEN ACADEMY

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 Minnesota

Nationally

05Profile & governance

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

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

7
board members
71%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 1 related entity

  • Friends of Aspen Academy · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ASPEN ACADEMY: 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.

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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 ASPEN ACADEMY?
ASPEN ACADEMY (Minnesota) receives grants from 6 organizations whose IRS filings report $90,984 to it, the largest being Global Impact ($37,676). 4 of them have funded it in more than one year.
How many funders does ASPEN ACADEMY have?
IRS filings report 6 organizations giving $90,984 in grants to ASPEN ACADEMY, 4 of which have funded it in more than one year.
Who is the largest funder of ASPEN ACADEMY?
Global Impact is the largest funder on record, with $37,676 in grants. The full list of funders is on this page.
How can an organization like ASPEN ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 Aspen Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 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