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.
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 |
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 |