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Aspen Academy Investment Fund

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$875k (2023)

Expenses
$1.39M (2023)

Total Assets
$15.3M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$874,907
Expenses
$1,386,296
Net Income
-$511,389
Net Assets
$15,343,863
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $468,737
53.6%
Investment Income $406,170
46.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,343,863
Total Liabilities $0
Net Assets $15,343,863
Compensation
Key Employees and Officers Compensation Related Other
Kristina Scala (Head Of Scho) $0 $938,582 $46,163
Lori Taylor (Board Chair) $0 $0 $0
Corinne Lengsfeld (Gov/Trustee) $0 $0 $0
Denis Patrick Gibbs (Finance/Audi) $0 $0 $0
Suzanne Goodspeed (Advancement) $0 $0 $0
Brian Meegan (Compensation) $0 $0 $0
Darrell Watters (Investment C) $0 $0 $0
Victoria Bough (Trustee) $0 $0 $0
Christina Good (Trustee) $0 $0 $0
Wayne Guerra (Trustee) $0 $0 $0
Lew King (Trustee) $0 $0 $0
Arjun Sen (Trustee) $0 $0 $0
Tim Taylor (Trustee) $0 $0 $0
Brad Tucker (Trustee) $0 $0 $0
James Park (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$932,585
Expenses
$1,216,536
Net Income
-$283,951
Net Assets
$12,975,908
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $562,607
60.3%
Investment Income $369,978
39.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,771,803
Total Liabilities $5,795,895
Net Assets $12,975,908
Compensation
Key Employees and Officers Compensation Related Other
Lori Taylor (Board Chair) $0 $0 $0
Brad Tucker (Governance & Trustee Chair) $0 $0 $0
Jack Keenan (Finance Chair) $0 $0 $0
Darrell Watters (Trustee/Investment Chair) $0 $0 $0
Suzanne Goodspeed (Trustee/Advancement Chair) $0 $0 $0
Brian Meegan (Trustee/Compensation Chair) $0 $0 $0
Tim Taylor (Trustee) $0 $0 $0
Arjun Sen (Trustee) $0 $0 $0
Wayne Guerra (Trustee) $0 $0 $0
James Park (Trustee) $0 $0 $0
James Johnson (Trustee) $0 $0 $0
Corinne Lengsfeld (Trustee) $0 $0 $0
Julian Mc Manus (Trustee) $0 $0 $0
Denis Patrick Gibbs (Trustee) $0 $0 $0
Victoria Bough (Trustee) $0 $0 $0
Chris Good (Trustee) $0 $0 $0
Kristina Scala (President/Head Of School) $0 $363,801 $183,327

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,029,369
Expenses
$1,176,720
Net Income
-$147,351
Net Assets
$12,471,622
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $562,607
54.7%
Investment Income $466,762
45.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,824,734
Total Liabilities $6,353,112
Net Assets $12,471,622
Compensation
Key Employees and Officers Compensation Related Other
Suzanne Goodspeed (Board Chair) $0 $0 $0
Brad Tucker (Governance & Trustee Chair) $0 $0 $0
Jack Keenan (Finance Chair) $0 $0 $0
Lew Kling (Trustee) $0 $0 $0
Darrell Watters (Trustee/Investment Chair) $0 $0 $0
Lori Taylor (Trustee/Advancement Chair) $0 $0 $0
Tim Taylor (Trustee) $0 $0 $0
Arjun Sen (Trustee) $0 $0 $0
Wayne Guerra (Trustee) $0 $0 $0
James Park (Trustee) $0 $0 $0
James Johnson (Trustee) $0 $0 $0
Brian Meegan (Trustee/Compensation Chair) $0 $0 $0
Corinne Lengsfeld (Trustee) $0 $0 $0
Kristina Scala (President/Head Of School) $0 $337,338 $125,111

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$857,524
Expenses
$1,141,600
Net Income
-$284,076
Net Assets
$10,007,440
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $562,607
65.6%
Investment Income $294,917
34.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,828,492
Total Liabilities $6,821,052
Net Assets $10,007,440
Compensation
Key Employees and Officers Compensation Related Other
Suzanne Goodspeed (Board Chair) $0 $0 $0
Brad Tucker (Governance & Trustee Chair) $0 $0 $0
Jack Keenan (Finance Chair) $0 $0 $0
Lew Kling (Trustee) $0 $0 $0
Darrell Watters (Trustee/Investment Chair) $0 $0 $0
Lori Taylor (Trustee/Advancement Chair) $0 $0 $0
Tim Taylor (Trustee) $0 $0 $0
Arjun Sen (Trustee) $0 $0 $0
Wayne Guerra (Trustee) $0 $0 $0
James Park (Trustee) $0 $0 $0
James Johnson (Trustee) $0 $0 $0
George Sparks (Trustee) $0 $0 $0
Brian Meegan (Trustee/Compensation Chair) $0 $0 $0
Kristina Scala (President/Head Of School) $0 $332,039 $119,808

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$851,873
Expenses
$1,149,847
Net Income
-$297,974
Net Assets
$8,831,971
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $562,614
66.0%
Investment Income $289,259
34.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,840,255
Total Liabilities $7,008,284
Net Assets $8,831,971
Compensation
Key Employees and Officers Compensation Related Other
George Sparks (Board Chair) $0 $0 $0
Suzanne Goodspeed (Vice Chair) $0 $0 $0
Brad Tucker (Governance & Trustee Chair) $0 $0 $0
Jack Keenan (Finance Chair) $0 $0 $0
Lew Kling (Trustee) $0 $0 $0
Darrell Watters (Trustee/Investment Chair) $0 $0 $0
Lori Taylor (Trustee/Advancment Chair) $0 $0 $0
Brian Meegan (Trustee/Compensation Chair) $0 $0 $0
Arjun Sen (Trustee) $0 $0 $0
Wayne Guerra (Trustee) $0 $0 $0
Tim Taylor (Trustee) $0 $0 $0
James Park (Trustee) $0 $0 $0
Kristina Scala (President/Head Of School) $0 $375,929 $16,033

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$804,394
Expenses
$1,154,567
Net Income
-$350,173
Net Assets
$7,839,227
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $562,611
69.9%
Investment Income $241,783
30.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,987,707
Total Liabilities $7,148,480
Net Assets $7,839,227
Compensation
Key Employees and Officers Compensation Related Other
George Sparks (Board Chair) $0 $0 $0
Suzanne Goodspeed (Vice Chair) $0 $0 $0
Carl Algermissen (Governance & Trustee Chair) $0 $0 $0
Jack Keenan (Finance Chair) $0 $0 $0
Lew Kling (Trustee/Compensation Chair) $0 $0 $0
Darrell Watters (Trustee/Investment Chair) $0 $0 $0
Lori Taylor (Trustee) $0 $0 $0
Ernie Panasci (Trustee) $0 $0 $0
Brad Tucker (Trustee) $0 $0 $0
Brian Meegan (Trustee) $0 $0 $0
Arjun Sen (Trustee) $0 $0 $0
Jackie Griggs (Trustee (Thru Mar 2018)) $0 $0 $0
Kristina Scala (President/Head Of School) $0 $294,475 $66,864

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$716,671
Expenses
$1,158,453
Net Income
-$441,782
Net Assets
$6,825,342
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $562,607
78.5%
Investment Income $154,064
21.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,486,228
Total Liabilities $7,660,886
Net Assets $6,825,342
Compensation
Key Employees and Officers Compensation Related Other
Christine Richardson (Board Chair) $0 $0 $0
George Sparks (Vice Chair) $0 $0 $0
Carl Algermissen (Governance & Trustee Chair) $0 $0 $0
Jack Keenan (Finance Chair) $0 $0 $0
Lew Kling (Trustee/Compensation Chair) $0 $0 $0
Darrell Watters (Trustee/Investment Chair) $0 $0 $0
Jackie Griggs (Trustee) $0 $0 $0
Karen Leaffer (Trustee) $0 $0 $0
Ernie Panasci (Trustee) $0 $0 $0
Suzanne Goodspeed (Trustee) $0 $0 $0
Lori Taylor (Trustee) $0 $0 $0
Kristina Scala (President/Head Of School) $0 $293,895 $84,483

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,611,952
Expenses
$1,124,396
Net Income
$487,556
Net Assets
$5,900,224
Notable Sources of Revenue Percent of Total Revenue
Contributions $829,419
51.5%
Program Services $562,607
34.9%
Investment Income $219,926
13.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,221,410
Total Liabilities $8,321,186
Net Assets $5,900,224
Compensation
Key Employees and Officers Compensation Related Other
Christine Richardson (Board Chair) $0 $0 $0
George Sparks (Vice Chair) $0 $0 $0
Carl Algermissen (Governance & Trustee Chair) $0 $0 $0
Jack Keenan (Finance Chair) $0 $0 $0
Lew Kling (Trustee/Compensation Chair) $0 $0 $0
Darrell Watters (Trustee/Investment Chair) $0 $0 $0
Jackie Griggs (Trustee) $0 $0 $0
Karen Leaffer (Trustee) $0 $0 $0
Ernie Panasci (Trustee) $0 $0 $0
Kristina Scala (President/Head Of School) $0 $372,124 $23,637

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,259,365
Expenses
$996,107
Net Income
$2,263,258
Net Assets
$6,000,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,653,906
81.4%
Program Services $562,621
17.3%
Investment Income $42,838
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,351,440
Total Liabilities $8,351,083
Net Assets $6,000,357
Compensation
Key Employees and Officers Compensation Related Other
Christine Richardson (Board Chair) $0 $0 $0
George Sparks (Vice Chair) $0 $0 $0
Carl Algermissen (Governance & Trustee Chair) $0 $0 $0
Scott Jansen (Finance Chair) $0 $0 $0
Lew Kling (Trustee/Compensation Chair) $0 $0 $0
Scott Simon (Trustee/Investment Chair) $0 $0 $0
Jackie Griggs (Trustee) $0 $0 $0
Karen Leaffer (Trustee) $0 $0 $0
Ann Hinkins Steiner (Trustee) $0 $0 $0
Kristina Scala (President/Head Of School) $0 $214,531 $8,952

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$549,976
Expenses
$921,703
Net Income
-$371,727
Net Assets
$3,731,626
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $96,408
17.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $453,568
82.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,348,247
Total Liabilities $8,616,621
Net Assets $3,731,626
Compensation
Key Employees and Officers Compensation Related Other
Christine Richardson (Trustee) $0 $0 $0
Scott Jansen (Finance Chair) $0 $0 $0
Scott Simon (Investment Chair) $0 $0 $0
Jim Sanford (Campus Development Chair) $0 $0 $0
Carl Algermissen (Governance Chair) $0 $0 $0
Karl Engelmann (Trustee) $0 $0 $0
Gabrielle Taylor (Board Chair) $0 $0 $0
Kristina Scala (President/Head Of School) $0 $180,618 $6,806

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,707
Expenses
$15,165
Net Income
-$5,458
Net Assets
$2,970,854
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $9,707
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,467,854
Total Liabilities $497,000
Net Assets $2,970,854

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,911
Expenses
$16,806
Net Income
-$10,895
Net Assets
$2,175,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $5,911
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,265,795
Total Liabilities $90,000
Net Assets $2,175,795

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$2,218,302
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,218,302
Total Liabilities $0
Net Assets $2,218,302

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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