Aslap Foundation
- Assets
- $207.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 30-0323350
Organization Overview
Aslap Foundation is located in Memphis, TN. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aslap Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Aslap Foundation generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $48.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr B Taylor Bennett Chair | 4 | $0 | |
Dr Iris D Bolton Committee Member | 1 | $0 | |
Dr Carrie L Freed Committee Member | 1 | $0 | |
Dr William A Hill Committee Member | 1 | $0 | |
Dr Michael J Huerkamp Committee Member | 1 | $0 | |
Dr Diane E Mcclure Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,872 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,880 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,780 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $120 |
| Other expenses | $15 |
| Total expenses | $48,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,332 |
| Other assets | $0 |
| Total assets | $207,923 |
| Total liabilities | $10,000 |
| Net assets or fund balances | $197,923 |