Skip to main content

Nonprofit · EIN 82-3432311

ASPIRE CAROLINAS FOUNDATION INC

Tax-exempt · BELMONT, NC 28012

Financials

$5.2M$1.2M2022$1M$1.3M2023$957K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of ASPIRE CAROLINAS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$956,682$1,089,226-$132,544$3,570,354$0$3,570,354
June 30, 2024990$1,017,727$1,269,397-$251,670$12,616,663$0$12,616,663
June 30, 2023990$5,241,069$1,231,648$4,009,421$12,868,331$0$12,868,331
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$500
Program service revenue
$955,778
Investment income
$404
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$621,476
Salaries, compensation and benefits (total)
$729,942
Professional fundraising fees
$0
Legal fees
$2,318
Accounting fees
$4,500
Occupancy
$33,002
Depreciation
$84,927
Program services (functional)
$1,067,076
Management and general (functional)
$22,150

Balance sheet and other

Total assets, start of year
$12,616,663
Total assets, end of year
$3,570,354
Total liabilities, end of year
$0
Net assets, end of year
$3,570,354
Land, buildings and equipment
$2,975,896
Net assets without donor restrictions
$3,570,354
Gross receipts
$956,682
Employees
13

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.

NameTitleHours / weekCompensation
JENNIFER NICHOLSDIRECTOR
Trustee or director, Officer
40$0
DALE HALTONVICE-CHAIR
Officer
–$0
LAUREN NICHOLSONTREASURER
Officer
–$0
DEREK PARTEESECRETARY
Officer
–$0
JAMES SECUDACHAIR
Officer
–$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
JENNIFER NICHOLSDIRECTOR
Trustee or director, Officer
40$0
DALE HALTONVICE-CHAIR
Officer
–$0
LAUREN NICHOLSONTREASURER
Officer
–$0
DEREK PARTEESECRETARY
Officer
–$0
JAMES SECUDACHAIR
Officer
–$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
JENNIFER NICHOLSDIRECTOR
Trustee or director, Officer
40$99,343
DALE HALTONVICE-CHAIR
Officer
–$0
LAUREN NICHOLSONTREASURER
Officer
–$0
DEREK PARTEESECRETARY
Officer
–$0
JAMES SECUDACHAIR
Officer
–$0

Address and contacts

Address (IRS master file)
91 HUBBARD ST, BELMONT, NC 28012-2912
Principal officer (990 for 2024)
JENNIFER NICHOLS, 91 HUBBARD ST, BELMONT, NC 28079
Signed the 990
JENNIFER NICHOLS, DIRECTOR
Phone
(704) 951-4126
Return prepared by
LADD MCCALL & ASSOCIATES CPAS PA

Mission

ASPIRE CAROLINAS FOUNDATION, INC., IS A NON-PROFIT ORGANIZATION DESIGNED TO DEVELOP, SUPPORT, AND MAINTAIN SCHOOLS THAT TEACH CHILDREN WITH AUTISM/ ASPERGER'S AND LEARNING DIFFERENCES IN THE GREATER CHARLOTTE REGION.

990 for the year ended June 30, 2025

Program accomplishments

  • THE HALTON SCHOOL: AN EXTRAORDINARY SCHOOL DESIGNED FOR 3-8TH GRADERS WITH ASPERGERS AND TRAITS ASSOCIATED WITH AUTISM SPECTRUM DISORDER. IN RESPONSE TO THE LIMITED EDUCATION OPTIONS IN THE GREATER CHARLOTTE REGION FOR AVERAGE- TO ABOVE-AVERAGE INTELLIGENCE CHILDREN WITH ASPERGER'S/AUTISM SPECTRUM DISORDER AND OTHER SPECIFIC LEARNING DIFFERENCES, ASPIRE CAROLINAS FOUNDATION WILL OPEN THE HALTON SCHOOL, THE FIRST OF THREE SCHOOLS IN THE HUNTERSVILLE EDUCATION VILLAGE
    Expenses $1,067,076 · revenue $955,778

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
82-3432311
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
2018
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,570,354
Income (IRS master file)
$956,682

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$956,682$1,089,226$3,570,354IRS
990June 2024$1,017,727$1,269,397$12,616,663XML
990June 2023$5,241,069$1,231,648$12,868,331XML
990June 2022–––IRS
990June 2021–––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 82-3432311).

Questions about ASPIRE CAROLINAS FOUNDATION INC

What is the EIN of ASPIRE CAROLINAS FOUNDATION INC?
The employer identification number (EIN) of ASPIRE CAROLINAS FOUNDATION INC is 82-3432311.
Is ASPIRE CAROLINAS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to ASPIRE CAROLINAS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASPIRE CAROLINAS FOUNDATION 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 CAROLINAS FOUNDATION 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 CAROLINAS FOUNDATION 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 CAROLINAS FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JENNIFER NICHOLS.
Who are the officers and directors of ASPIRE CAROLINAS FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does ASPIRE CAROLINAS FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $956,682, expenses of $1,089,226 and total assets of $3,570,354 at year end.

Other nonprofits in BELMONT

All nonprofits in BELMONT · North Carolina · Philanthropy, voluntarism and grantmaking foundations