Nonprofit · EIN 04-2204289
ASPIRE DEVELOPMENTAL SERVICES INC
Tax-exempt · LYNN, MA 01904
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,406,323 | $11,250,457 | $1,155,866 | $8,562,577 | $3,331,518 | $5,231,059 |
| June 30, 2024 | 990 | $9,498,480 | $9,929,742 | -$431,262 | $7,897,286 | $3,822,093 | $4,075,193 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $643,863
- of which government grants
- $615,120
- Program service revenue
- $11,687,239
- Investment income
- $54,396
- Net income from fundraising events
- $16,112
- Other revenue
- $20,825
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $228,062
- Other salaries and wages
- $7,718,255
- Salaries, compensation and benefits (total)
- $9,682,180
- Professional fundraising fees
- $0
- Legal fees
- $640
- Accounting fees
- $136,409
- Occupancy
- $83,183
- Travel
- $145,017
- Depreciation
- $196,688
- Program services (functional)
- $10,193,437
- Management and general (functional)
- $1,054,721
- Fundraising (functional)
- $2,299
Balance sheet and other
- Total assets, start of year
- $7,897,286
- Total assets, end of year
- $8,562,577
- Total liabilities, end of year
- $3,331,518
- Net assets, end of year
- $5,231,059
- Land, buildings and equipment
- $4,573,656
- Net assets without donor restrictions
- $5,231,059
- Gross receipts
- $12,423,594
- Employees
- 143
- Volunteers
- 0
- Year formed
- 1951
- State of legal domicile
- MA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LORI RUSSELL | EXECUTIVE DIRECTOR Officer, Key employee | 40 | $221,878 | $6,184 |
| KIMBERLY A MCCARTHY | OPERATIONS DIRECTOR Key employee | 40 | $179,539 | $5,465 |
| CHRISTINE E BROWN | PROGRAM DIRECTOR Key employee | 40 | $150,979 | $24,312 |
| GRETCHEN JULIANO | OCCUPATIONAL THERAPIST Highest-paid employee | 40 | $110,263 | $23,669 |
| KRISTEN EVANS | CLINICAL DIRECTOR Highest-paid employee | 40 | $125,228 | $2,945 |
| ANNIE WALSH | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| JAMES HEALEY | VICE PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| DANA MARKS | TREASURER Trustee or director, Officer | 0 | $0 | $0 |
| EFE OKPARAVERO | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| DEBBY MENINNO REGAN | ASSISTANT SECRETARY Trustee or director | 0 | $0 | $0 |
| MEREDITH COHEN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| MONIKA WIRTZ | DIRECTOR Trustee or director | 0 | $0 | $0 |
| ERIC LEBLANC | DIRECTOR Trustee or director | 0 | $0 | $0 |
| TRISHA COOLONG | DIRECTOR Trustee or director | 0 | $0 | $0 |
| ELIZABETH QUINN | DIRECTOR Trustee or director | 0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEANNE PALMER | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LORI RUSSELL | EXECUTIVE DIRECTOR Officer, Key employee | 40 | $222,170 | $10,699 |
| KIMBERLY A MCCARTHY | OPERATIONS DIRECTOR Key employee | 40 | $172,973 | $7,267 |
| CHRISTINE E BROWN | PROGRAM DIRECTOR Key employee | 40 | $151,835 | $27,042 |
| NANCY E SANTANA | CLINICAL DIRECTOR Highest-paid employee | 40 | $119,026 | $25,463 |
| GRETCHEN JULIANO | OCCUPATIONAL THERAPIST Highest-paid employee | 40 | $102,695 | $24,831 |
| BRENDA GALANTE | TEAM MANAGER Highest-paid employee | 40 | $100,156 | $23,864 |
| KRISTEN EVANS | CLINICAL DIRECTOR Highest-paid employee | 40 | $110,827 | $4,855 |
| ANNIE WALSH | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| JAMES HEALEY | VICE PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| DANA MARKS | TREASURER Trustee or director, Officer | 0 | $0 | $0 |
| EFE OKPARAVERO | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| MEREDITH COHEN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| MONIKA WIRTZ | DIRECTOR Trustee or director | 0 | $0 | $0 |
| ERIC LEBLANC | DIRECTOR Trustee or director | 0 | $0 | $0 |
| TRISHA COOLONG | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DEBBY MENINNO REGAN | ASSISTANT SECRETARY Trustee or director | 0 | $0 | $0 |
| ELIZABETH QUINN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| LEANNE PALMER | DIRECTOR Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 176 FRANKLIN ST, LYNN, MA 01904-3230
- Principal officer (990 for 2024)
- Lori Russell, 176 Franklin Street, Lynn, MA 01904
- Signed the 990
- Lori Russell, EXCUTIVE DIRECTOR
- Phone
- (781) 593-2727
- Website
- WWW.ASPIREDEVELOPMENAL.ORG
- Return prepared by
- BERNARD JOHNSON & COMPANY PC
Mission
TO PROVIDE SERVICES TO PEOPLE WITH DISABILITIES
Program accomplishments
- PROVIDES FAMILY CENTERED HOME BASED SERVICES TO FACILITATE THE DEVELOPMENTAL PROGRESS OF CHILDREN. THIS PROGRAM IS AVAILABLE TO ELIGIBLE CHILDREN, BIRTH TO THREE YEARS OF AGE, WHO HAVE OR ARE AT RISK FOR DEVELOPMENTAL DISABILITIES DUE TO ESTABLISHED BIOLOGICAL OR ENVIRONMENTAL FACTORS. THESE SERVICES ARE PROVIDED IN THE CHILDS NATURAL ENVIRONMENT. ADDITIONALLY, ASPIRE EARLY SUPPORT PROVIDES SERVICES AND SUPPORT TO PREGNANT AND POSTPARTUM WOMEN LIVING IN LYNN AND SALEM, MASSACHUSETTS AND THE SURROUNDING COMMUNITIES WHO HAVE SOCIAL AND ENVIRONMENTAL RISK FACTORS. THE GOAL OF THE PROGRAM IS TO REDUCE INFANT MORTALITY BY EARLY INDENTIFICATION OF MATERNAL AND INFANT RISK AND PROVIDING LINKAGES TO SERVICES AND SUPPORT IN THE COMMUNITY TO PREVENT POOR HEALTH AND/OR DEVELOPMENTAL OUTCOMES.Expenses $8,592,909 · revenue $9,913,906
- FOR THE OPERATION OF A PRESCHOOL FOR CHILDREN BETWEEN TWO YEARS, NINE MONTHS AND FIVE YEARS OF AGE. THE PROGRAM RECEIVES VOUCHER INCOME NINE MONTHS AND FIVE YEARS OF AGE. THE PROGRAM RECEIVES VOUCHER INCOMEExpenses $1,600,528 · revenue $1,773,333
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2204289
- 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
- 1955
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G200)
- Assets (IRS master file)
- $8,562,577
- Income (IRS master file)
- $12,423,594
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,406,323 | $11,250,457 | $8,562,577 | XML |
| 990 | June 2024 | $9,498,480 | $9,929,742 | $7,897,286 | XML |
| 990 | June 2023 | $9,027,991 | $9,009,301 | $8,209,012 | IRS |
| 990 | June 2022 | $8,951,245 | $7,955,333 | $8,440,789 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 04-2204289).
Questions about ASPIRE DEVELOPMENTAL SERVICES INC
- What is the EIN of ASPIRE DEVELOPMENTAL SERVICES INC?
- The employer identification number (EIN) of ASPIRE DEVELOPMENTAL SERVICES INC is 04-2204289.
- Is ASPIRE DEVELOPMENTAL SERVICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1955.
- Are donations to ASPIRE DEVELOPMENTAL SERVICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASPIRE DEVELOPMENTAL SERVICES 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 ASPIRE DEVELOPMENTAL SERVICES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASPIRE DEVELOPMENTAL SERVICES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ASPIRE DEVELOPMENTAL SERVICES INC?
- The 990 for the year ended June 30, 2025 names Lori Russell.
- Who are the officers and directors of ASPIRE DEVELOPMENTAL SERVICES INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 5 received compensation from the organization, the highest $221,878 (LORI RUSSELL, EXECUTIVE DIRECTOR).
- How much revenue does ASPIRE DEVELOPMENTAL SERVICES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,406,323, expenses of $11,250,457 and total assets of $8,562,577 at year end.
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All nonprofits in LYNN · Massachusetts · Voluntary health associations and medical disciplines