Nonprofit · EIN 46-5424422
AUSTIN ASPIRES INC
Tax-exempt · AUSTIN, MN 55912
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $634,050 | $568,911 | $65,139 | $577,729 | $25,181 | $552,548 |
| December 31, 2024 | 990 | $531,172 | $725,969 | -$194,797 | $515,842 | $28,433 | $487,409 |
| December 31, 2023 | 990 | $808,850 | $820,235 | -$11,385 | $704,390 | $22,184 | $682,206 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $627,518
- of which government grants
- $226,587
- Program service revenue
- $0
- Investment income
- $6,532
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $144,241
- Other salaries and wages
- $267,960
- Salaries, compensation and benefits (total)
- $470,487
- Professional fundraising fees
- $0
- Occupancy
- $20,291
- Travel
- $386
- Depreciation
- $17,805
- Program services (functional)
- $465,092
- Management and general (functional)
- $103,819
Balance sheet and other
- Total assets, start of year
- $515,842
- Total assets, end of year
- $577,729
- Total liabilities, end of year
- $25,181
- Net assets, end of year
- $552,548
- Land, buildings and equipment
- $52,767
- Net assets without donor restrictions
- $402,548
- Net assets with donor restrictions
- $150,000
- Gross receipts
- $634,050
- Employees
- 10
- Volunteers
- 87
- Year formed
- 2014
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAYNE GIBSON | Executive Dir. Trustee or director | 40 | $107,458 | $4,449 |
| MICHELLE BAKER | NEW EXEC DIRECT Trustee or director | 40 | $31,365 | $969 |
| SHERI DANKERT | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| JILL ANDREWS | Board Member Trustee or director | 2 | $0 | $0 |
| VARINH VAN VUGT | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| JON ERICHSON | Board Member Trustee or director | 2 | $0 | $0 |
| THAD KUSICK | President Trustee or director, Officer | 3 | $0 | $0 |
| JENNIFER GOINS | Board Member Trustee or director | 2 | $0 | $0 |
| PAUL THOMPSON | Board Member Trustee or director | 2 | $0 | $0 |
| CECE KROC | Board Member Trustee or director | 2 | $0 | $0 |
| GEMECHU OLANA | Board Member Trustee or director | 2 | $0 | $0 |
| AMY NOTERMANN | Vice President Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAYNE GIBSON | Executive Dir. Trustee or director | 40 | $116,207 |
| SHERI DANKERT | Treasurer Trustee or director, Officer | 2 | $0 |
| JILL ANDREWS | Board Member Trustee or director | 2 | $0 |
| VARINH VAN VUGT | Secretary Trustee or director, Officer | 2 | $0 |
| JON ERICHSON | Board Member Trustee or director | 2 | $0 |
| THAD KUSICK | President Trustee or director, Officer | 3 | $0 |
| JENNIFER GOINS | Board Member Trustee or director | 2 | $0 |
| Suzette Overby | Board Member Trustee or director | 2 | $0 |
| PAUL THOMPSON | Board Member Trustee or director | 2 | $0 |
| CECE KROC | Board Member Trustee or director | 2 | $0 |
| GEMECHU OLANA | Board Member Trustee or director | 2 | $0 |
| AMY NOTERMANN | Vice President Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAYNE GIBSON | EXECUTIVE DIRECTOR Officer | 40 | $112,969 | $2,100 |
| SHELLEY KING | PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| THAD KUSICK | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| SHERI DANKERT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| VARINH VAN VUGT | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JILL ANDREWS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JENNIFER GOINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SUZETTE OVERBY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KELLY TAPP | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 318 N MAIN ST, AUSTIN, MN 55912-3406
- In care of
- % EXECUTIVE DIRECTOR
- Mailing address (990-N for 2014)
- 326 North Main Street, Austin MN 55912
- Principal officer (990 for 2025)
- SHERI DANKERT, 318 NORTH MAIN STREET, AUSTIN, MN 55912
- Principal officer (990-N for 2014)
- LeeAnn Ettinger, 309 5th Avenue SW, Austin MN 55912
- Signed the 990
- SHERI DANKERT, Treasurer
- Phone
- (507) 437-0920
- Website
- WWW.AUSTINASPIRES.ORG
- Return prepared by
- Accurant LLC
Mission
AUSTIN ASPIRES WILL BRING TOGETHER COMMUNITY RESOURCES AND FAMILIES TO CHALLENGE ALL LEARNERS TO SEEK EXCELLENCE AND EQUIP THEM TO ACHIEVE RESULTS THROUGH SHARED COMMUNITY VISION, EVIDENCE-BASED DECISION MAKILNG, COLLABORATIVE ACTION, AND INVESTMENT AND SUSTAINABILITY.
Program accomplishments
- AUSTIN ASPIRES WILL BRING TOGETHER COMMUNITY RESOURCES AND FAMILIES TO CHALLENGE ALL LEARNERS TO SEEK EXCELLENCE AND EQUIP THEM TO ACHIEVE RESULTS THROUGH SHARED COMMUNITY VISION, EVIDENCE BASED DECISION MAKING, COLLABORATIVE ACTION, AND INVESTMENT AND SUSTAINABILITY. DURING THE 2024-2025 SCHOOL YEAR, STAFF IN OUR ASPIRES LEADERS OF TOMORROW(A.L.O.T.) PROGRAM, WORKED INTENTIONALLY WITH 314 YOUTH IN MORE THAN 3,000 INTERACTIONS. 86.1% WERE SCHOLARS OF COLOR, 74% CAME FROM FAMILIES LIVING IN POVERTY. 45% HAD LEARNING ENGLISH AS A SECOND LANGUAGE.Expenses $372,074
- 539 FAMILIES WITH CHILDREN PRENATAL THROUGH AGE 5 RECEIVED SUPPORT THROUGH OUR EARLY CHILDHOOD PROGRAM. IN THIS PROGRAM, FAMILIES ARE CONNECTED TO NEEDED RESOURCES TO ENSURE THEIR CHILD GET THE BEST EARLY LEARNING EXPERIENCE POSSIBLE. THIS INCLUDES CONNNECTION TO CHILDCARE, PRESCHOOL, BASIC NEEDS RESOURCES AND MORE. SOME OF THESE CONNECTIONS HAPPENED THROUGH A RELATIONSHIP WITH MAYO CLINIC HEALTH SYSTEM, IN WHICH OUR EARLY CHILDHOOD NAVIGATOR WORKS COLLABORATIVELY WITH THE MAYO STAFF TO PROVIDE WRAP AROUND SUPPORT TO FAMILIES.Expenses $65,113
- DURING THE 2024-2025 ACADEMIC SCHOOL YEAR, 24 YOUTH WERE SERVED THROUGH TUTORING. TUTORING WAS PROVIDED AT NO COST TO THE CHILD OR FAMILY. QUALIFED TUTORS PROVIDED SUPPORT TO THESE SCHOLARS IN PUBLIC SPACES INCLUDING THE YMCA, LIBRARY, THE CHILD'S SCHOOL, AND THE ASPIRES' OFFICE. FAMILIES REPORTED THAT THEY SAW AN INCREASE IN THEIR CHILDREN'S GRADES, COMPLETED WORK TURNED IN, AND ATTITUDE TOWARDS SCHOOL AFTER THEIR CHILD BEGAN WORKING WITH A TUTOR. AUSTIN ASPIRES, INC STARTED A MENTORSHIP PROGRAM IN 2024. 4 MENTOR/MENTEE RELATIONSHIPS HAPPENED IN 2025. MUCH OF 2025 WAS SPENT ESTABLISHING THE PROGRAM, INCLUDING THE STRUCTURE IN WHICH VOLUNTEERS APPLY, ARE SCREENED AND MATCHED WITH A YOUTH.Expenses $27,905
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5424422
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S03)
- Assets (IRS master file)
- $577,729
- Income (IRS master file)
- $634,050
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $634,050 | $568,911 | $577,729 | IRS |
| 990 | December 2024 | $531,172 | $725,969 | $515,842 | XML |
| 990 | December 2023 | $808,850 | $820,235 | $704,390 | XML |
| 990 | December 2022 | $616,744 | $503,961 | $707,537 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: LeeAnn Ettinger | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-5424422).
Questions about AUSTIN ASPIRES INC
- What is the EIN of AUSTIN ASPIRES INC?
- The employer identification number (EIN) of AUSTIN ASPIRES INC is 46-5424422.
- Is AUSTIN ASPIRES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to AUSTIN ASPIRES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AUSTIN ASPIRES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AUSTIN ASPIRES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AUSTIN ASPIRES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AUSTIN ASPIRES INC?
- The 990 for the year ended December 31, 2025 names SHERI DANKERT.
- Who are the officers and directors of AUSTIN ASPIRES INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $107,458 (JAYNE GIBSON, Executive Dir.).
- How much revenue does AUSTIN ASPIRES INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $634,050, expenses of $568,911 and total assets of $577,729 at year end.
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All nonprofits in AUSTIN · Minnesota · Community improvement and capacity building