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Association of Strategic Alliance Professionals Inc

RegisteredEIN 04-3436443Needham, MAEducation and training
Income$1.5m2024-06
Spending$1.6msame year
Spent / received94%6-year average
Size in its cause80th pctEducation and training
Exempt since2026Publicly supported organisat
Employees8latest return

Analysis

Association of Strategic Alliance Professionals Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in January 2026. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Association of Strategic Alliance Professionals Inc reported income of $1.5m and spending of $1.6m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.5m to $1.5m (+5.0%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income dropped by 30%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Strategic Alliance Professionals Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include LA Crosse Medical Health Science Consortium Inc ($1.5m), Schools Out Inc ($1.5m) and Helias Foundation Incorporated ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 87% of the total. Compensation of current officers, directors and key employees was $236k (15% of expenses). Other salaries and wages came to $502k. At year end it held assets of $1.3m against liabilities of $393k, net assets of $915k. It reported 8 employees.

Income and spending

$0$390k$780k$1.2m$1.6m2019 Income: $1,451,4622019 Spending: $1,400,08520192020 Income: $1,482,2222020 Spending: $1,270,90220202021 Income: $1,035,4872021 Spending: $1,049,30520212022 Income: $1,282,4372022 Spending: $1,168,43520222023 Income: $1,510,8472023 Spending: $1,385,83920232024 Income: $1,524,2082024 Spending: $1,559,2672024
IncomeSpending

Where the income comes from

  • Program services 87%
  • Other 13%

Similar-sized charities, same cause

CharityLocationIncome
LA Crosse Medical Health Science Consortium IncLA Crosse$1.5m
Schools Out IncDelmar$1.5m
Helias Foundation IncorporatedJefferson Cty$1.5m
Seacoast Waldorf AssociationEliot$1.5m