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Nonprofit · EIN 92-3678959

ASSE ASPIRE INC

Tax-exempt · LAGUNA BEACH, CA 92651

Financials

$0$02022$5M$2.9M2023$2.9M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of ASSE ASPIRE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$2,852,010$2,788,790$63,220$2,852,980$780,800$2,072,180
August 31, 2024990$4,957,730$2,948,770$2,008,960$2,754,100$745,140$2,008,960
August 31, 2023990$0$0$0$154,720$154,720$0
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,754,340
Investment income
$97,670
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$596,100
Other salaries and wages
$626,020
Salaries, compensation and benefits (total)
$1,520,600
Professional fundraising fees
$0
Legal fees
$19,790
Accounting fees
$16,170
Occupancy
$114,430
Travel
$84,210
Program services (functional)
$2,035,350
Management and general (functional)
$753,440

Balance sheet and other

Total assets, start of year
$2,754,100
Total assets, end of year
$2,852,980
Total liabilities, end of year
$780,800
Net assets, end of year
$2,072,180
Net assets without donor restrictions
$2,072,180
Gross receipts
$2,852,010
Employees
0
Volunteers
10
Year formed
2023
State of legal domicile
CA

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
WILLIAM GUSTAFSONPRESIDNT AND
Officer
12$141,770$330,790$62,260
DIANE MATHUNYCHIEF FINANC
Officer
9$129,070$301,170$76,350
FEI JIANGCHIEF OPERAT
Officer
28$269,740$67,430$59,890
PHILIPPE KOHNCHAIR OF THE
Trustee or director, Officer
1$0$0$0
DENISE NUNNVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
ERIC SPITALERISECRETARY
Trustee or director, Officer
0.2$0$0$0
TING GONGDIRECTOR
Trustee or director
0.1$0$0$0
JINGJUE SHIDIRECTOR
Trustee or director
0.1$0$0$0
990 for the year ended August 31, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
WILLIAM GUSTAFSONPRESIDNT AND
Officer
12$140,980$328,960$59,980
DIANE MATHUNYCHIEF FINANC
Officer
9$92,850$329,180$73,710
FEI JIANGCHIEF OPERAT
Officer
28$231,490$94,550$57,750
PHILIPPE KOHNCHAIR OF THE
Trustee or director, Officer
1$0$0$0
DENISE NUNNVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
ERIC SPITALERISECRETARY
Trustee or director, Officer
0.2$0$0$0
SUZANNE PENTEKDIRECTOR
Trustee or director
0.1$0$0$0
SUSAN BACHELOTDIRECTOR
Trustee or director
0.1$0$0$0
990 for the year ended August 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
WILLIAM GUSTAFSONPRESIDNT AND
Officer
2$0$300,000$50,000
DIANE MATHUNYCHIEF FINANC
Officer
1$0$210,000$60,000
FEI JIANGCHIEF OPERAT
Officer
1$0$160,000$50,000
PHILIPPE KOHNCHAIR OF THE
Trustee or director, Officer
1$0$0$0
DENISE NUNNVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
ERIC SPITALERISECRETARY
Trustee or director, Officer
0.2$0$0$0
SUZANNE PENTEKDIRECTOR
Trustee or director
0.1$0$0$0
SUSAN BACHELOTDIRECTOR
Trustee or director
0.1$0$0$0

Address and contacts

Address (IRS master file)
228 N COAST HWY, LAGUNA BEACH, CA 92651-1821
Principal officer (990 for 2024)
FEI JIANG, 228 NORTH COAST HIGHWAY, LAGUNA BEACH, CA 92651
Signed the 990
FEI JIANG, CHIEF OPERATING OFFI
Phone
(949) 497-3310

California records

California keeps its own records of charities and corporations. Search them by EIN 92-3678959 or by the name ASSE ASPIRE INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE SPECIFIC PURPOSES OF THIS CORPORATION INCLUDE BUT ARE NOT LIMITED TO ENGAGING IN CHARITABLE AND EDUCATIONAL ACTIVITES,INCLUDING THOSE ACTIVITES THAT CONTRIBUTE TO INTERNATIONAL UNDERSTANDING BY PROVIDING STUDENTS FROM VARIOUS COUNTRIES WITH THE OPPORTUNITY TO IMPROVE THEIR KNOWLEDGE OF FOREIGN CULTURES AND LANGUAGES THROUGH INTERACTING WITH FELLOW AMERICAN STUDENTS, COLLEAGUES AND MEMBERS OF THEIR ORGANIZATIONS AND COMMUNITIES IN COUNTRIES OR REGIONS OTHER THAN THEIR OWN.

990 for the year ended August 31, 2025

Program accomplishments

  • SUMMER WORK AND TRAVEL PROGRAM - COLLEGE AND UNIVERSITY STUDENTS ENROLLED FULL TIME AND PURSUING STUDIES AT POST-SECONDARY ACCREDITED ACADEMIC INSTITUTIONS LOCATED OUTSIDE THE UNITED STATES JOIN THE ASSE ASPIRE SUMMER WORK AND TRAVEL PROGRAM IN THE UNITED STATES TO LEARN ABOUT AMERICAN CULTURE AND TO SHARE THEIR CULTURE AND IDEAS WITH PEOPLE OF THE UNITED STATES THROUGH TEMPORARY WORK AND TRAVEL OPPORTUNITIES DURING THEIR SCHOOL'S SUMMER BREAK.
    Expenses $1,350,210 · revenue $1,959,490
  • INTERNSHIP PROGRAM - TO ENHANCE AN EXCHANGE VISITOR'S SKILLS IN HIS/HER OCCUPATION THROUGH PARTICIPATION IN A STRUCTURED INTERNSHIP TRAINING PROGRAM IN AN AMERICAN HOST COMPANY FOR UP TO TWELVE MONTHS. TO IMPROVE THE PARTICIPANT'S KNOWLEDGE OF AMERICAN TECHNIQUES, METHODOLOGIES, AND/OR EXPERTISE WITHIN THE INDIVIDUAL'S FIELD OF ENDEAVOR. TO ENABLE FULLTIME UNIVERSITY STUDENTS OR RECENT GRADUATES TO BETTER UNDERSTAND AMERICAN CULTURE AND SOCIETY.
    Expenses $339,410 · revenue $377,000
  • TRAINEE PROGRAM - EXCHANGE VISITORS WITH RELATED WORK EXPERIENCE PARTICIPATE IN A TRAINING PROGRAM WITH AN AMERICAN HOST COMPANY FOR UP TO 18 MONTHS TO IMPROVE THEIR KNOWLEDGE OF AMERICAN TECHNIQUES, METHODOLOGIES AND EXPERTISE IN THIER CHOSEN OCCUPATIONAL FIELD. TRAINEES GAIN KNOWLEDGE OF AMERICAN CULTURE WHILE SHARING INFORMATION ABOUT THEIR HOME CULTURE.
    Expenses $345,730 · revenue $417,850

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
92-3678959
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,852,980
Income (IRS master file)
$2,852,010

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$2,852,010$2,788,790$2,852,980XML
990August 2024$4,957,730$2,948,770$2,754,100XML
990August 2023$0$0$154,720XML

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 92-3678959).

Questions about ASSE ASPIRE INC

What is the EIN of ASSE ASPIRE INC?
The employer identification number (EIN) of ASSE ASPIRE INC is 92-3678959.
Is ASSE ASPIRE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to ASSE ASPIRE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASSE ASPIRE 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 ASSE ASPIRE INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASSE ASPIRE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of ASSE ASPIRE INC?
The 990 for the year ended August 31, 2025 names FEI JIANG.
Who are the officers and directors of ASSE ASPIRE INC?
The 990 for the year ended August 31, 2025 lists 8 people; 3 received compensation from the organization, the highest $141,770 (WILLIAM GUSTAFSON, PRESIDNT AND).
How much revenue does ASSE ASPIRE INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $2,852,010, expenses of $2,788,790 and total assets of $2,852,980 at year end.

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