Civic Intelligence

Aslap Foundation

990EZ • Fiscal year 2021 • EIN 30-0323350

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 30, 2022

9190 Crestwyn Hills DriveMemphis, TN 38125

(901) 333-0498

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

22nd percentile

-14%

Higher net margin than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

34th percentile

-3.1%

Faster asset growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

57th percentile

14%

Faster revenue growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$208,367

Down $6,753 (-3.1%) from 2020

Net Assets

Down

$208,367

Down $6,753 (-3.1%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$48,144

Up $5,749 (+14%) from 2020

Expenses

Up

$54,897

Up $44,657 (+436%) from 2020

Net Income

Down

-$6,753

Down $38,908 (-121%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2013: $183,078Liabilities 2013: $1,340Net Assets 2013: $181,7382013Assets 2014: $190,155Liabilities 2014: $0Net Assets 2014: $190,1552014Assets 2015: $191,522Liabilities 2015: $0Net Assets 2015: $191,5222015Assets 2016: $184,737Liabilities 2016: $1,200Net Assets 2016: $183,5372016Assets 2017: $183,157Liabilities 2017: $1,200Net Assets 2017: $181,9572017Assets 2018: $176,540Liabilities 2018: $1,200Net Assets 2018: $175,3402018Assets 2019: $182,965Liabilities 2019: $0Net Assets 2019: $182,9652019Assets 2020: $215,120Liabilities 2020: $0Net Assets 2020: $215,1202020Assets 2021: $208,367Liabilities 2021: $0Net Assets 2021: $208,3672021Assets 2022: $207,923Liabilities 2022: $10,000Net Assets 2022: $197,9232022Assets 2023: $201,279Liabilities 2023: $1,635Net Assets 2023: $199,6442023Assets 2024: $180,597Liabilities 2024: $0Net Assets 2024: $180,5972024

Highlighted filing

2021

Assets$208,367
Liabilities$0
Net Assets$208,367

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2013: $31,257Expenses 2013: $47,488Net Income 2013: -$16,2312013Revenue 2014: $53,267Expenses 2014: $44,850Net Income 2014: $8,4172014Revenue 2015: $51,398Expenses 2015: $50,031Net Income 2015: $1,3672015Revenue 2016: $37,077Expenses 2016: $45,062Net Income 2016: -$7,9852016Revenue 2017: $43,324Expenses 2017: $44,904Net Income 2017: -$1,5802017Revenue 2018: $38,548Expenses 2018: $45,165Net Income 2018: -$6,6172018Revenue 2019: $42,854Expenses 2019: $35,229Net Income 2019: $7,6252019Revenue 2020: $42,395Expenses 2020: $10,240Net Income 2020: $32,1552020Revenue 2021: $48,144Expenses 2021: $54,897Net Income 2021: -$6,7532021Revenue 2022: $37,880Expenses 2022: $48,324Net Income 2022: -$10,4442022Revenue 2023: $41,718Expenses 2023: $39,997Net Income 2023: $1,7212023Revenue 2024: $32,384Expenses 2024: $51,431Net Income 2024: -$19,0472024

Highlighted filing

2021

Revenue$48,144
Expenses$54,897
Net Income-$6,753
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 30, 2022
Return Version
2021v4.2
Gross Receipts
$48,144
Mission and Program Overview

Mission

Provide awards and scholarships

Program Services

DescriptionGrantsExpenses
FELLOWSHIP GRANTS - PROVIDES FUNDING FOR INSTITUTIONS TO SEND STUDENTS TO A 10-12 WEEK SUMMER PROGRAM COMBINING DIDACTIC AND EXPERIMENTAL TRAINING IN THE PRACTICE OF LABORATORY ANIMAL MEDICINE.$49,500$49,500
VET STUDENT AWARDS - AWARDED TO 5 VETERINARY STUDENTS WHO DEMONSTRATED A SIGNIFICANT INTEREST IN THE PRACTICE OF LABORATORY ANIMAL MEDICINE.$2,753$2,753
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR B TAYLOR BENNETTChair-$0--
DR IRIS D BOLTONCommittee Member-$0--
DR SUZANNE L CRAIGCommittee Member-$0--
DR CARRIE L FREEDCommittee Member-$0--
DR WILLIAM A HILLCommittee Member-$0--
DR MICHAEL J HUERKAMPCommittee Member-$0--
DR DIANE E MCCLURECommittee Member-$0--
DR STEVEN SHIPLEYCommittee Member-$0--
DR SALLY THOMPSON-IRITANICommittee Member-$0--
DR WENDY J UNDERWOODCommittee Member-$0--
Filing and Contact Details

Filer

Filer Name
Aslap Foundation
EIN
30-0323350
Phone
9013330498
Address
9190 CRESTWYN HILLS DRIVE, MEMPHIS, TN 38125

Signing Officer

Name
Dr B Taylor Bennett
Title
Chairman
Phone
9013330498
Signed
2022-09-30
Discuss with paid preparer
Yes

Preparer

Firm
Reynolds Bone & Griesbeck Plc
Address
5100 WHEELIS DRIVE SUITE 300, MEMPHIS, TN 38117-4568
Preparer
Kelly S Crow
Phone
9016822431
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 8.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: vet student award - 5 student recipients. Grantee name: various. Grantee relationship: none. Date of gift: various. Amount given: 2,753.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fellowship grants - university of illinois - chicago. Grantee name: various. Grantee relationship: none. Date of gift: various. Amount given: 7,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fellowship grants - memorial sloan kettering cancer center. Grantee name: various. Grantee relationship: none. Date of gift: various. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fellowship grants - ohio state university. Grantee name: max fernandez. Grantee relationship: none. Date of gift: various. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fellowship grants - emory university. Grantee name: various. Grantee relationship: none. Date of gift: various. Amount given: 7,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fellowship grants - university of missouri. Grantee name: various. Grantee relationship: none. Date of gift: various. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fellowship grants - colorado state university. Grantee name: various. Grantee relationship: none. Date of gift: various. Amount given: 7,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fellowship grants - cornell university. Grantee name: various. Grantee relationship: none. Date of gift: various. Amount given: 7,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: fellowship grants - university of pennsylvania. Grantee name: sarah katznelson. Grantee relationship: none. Date of gift: various. Amount given: 5,000. Total included on form 990-ez, line 10: 52,253.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: postage & shipping. Amount: 114.

Form 990-ez, Part II, Line 24 - Other Assets

Description: related party receivables. Beg. Of year amount: 4,793. End of year amount: 8,250.

Raw XML Appendix223 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR B TAYLOR BENNETT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DR STEVEN SHIPLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DR SALLY THOMPSON-IRITANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9DR WENDY J UNDERWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8COMMITTEE MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9COMMITTEE MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04793
IRS990EZ/OtherAssetsTotalDetail/EOYAmt08250
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0114
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE AWARDS AND SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FELLOWSHIP GRANTS - PROVIDES FUNDING FOR INSTITUTIONS TO SEND STUDENTS TO A 10-12 WEEK SUMMER PROGRAM COMBINING DIDACTIC AND EXPERIMENTAL TRAINING IN THE PRACTICE OF LABORATORY ANIMAL MEDICINE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1VET STUDENT AWARDS - AWARDED TO 5 VETERINARY STUDENTS WHO DEMONSTRATED A SIGNIFICANT INTEREST IN THE PRACTICE OF LABORATORY ANIMAL MEDICINE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt049500
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt12753
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt049500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12753
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt054897
IRS990EZ/TotalProgramServiceExpensesAmt052253
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ASLAP.ORG/FOUNDATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt048136
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt042812
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 8.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: VET STUDENT AWARD - 5 STUDENT RECIPIENTS. GRANTEE NAME: VARIOUS. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 2,753.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: FELLOWSHIP GRANTS - UNIVERSITY OF ILLINOIS - CHICAGO. GRANTEE NAME: VARIOUS. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 7,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: FELLOWSHIP GRANTS - MEMORIAL SLOAN KETTERING CANCER CENTER. GRANTEE NAME: VARIOUS. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: FELLOWSHIP GRANTS - OHIO STATE UNIVERSITY. GRANTEE NAME: MAX FERNANDEZ. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACTIVITY CLASSIFICATION: FELLOWSHIP GRANTS - EMORY UNIVERSITY. GRANTEE NAME: VARIOUS. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 7,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACTIVITY CLASSIFICATION: FELLOWSHIP GRANTS - UNIVERSITY OF MISSOURI. GRANTEE NAME: VARIOUS. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACTIVITY CLASSIFICATION: FELLOWSHIP GRANTS - COLORADO STATE UNIVERSITY. GRANTEE NAME: VARIOUS. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 7,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACTIVITY CLASSIFICATION: FELLOWSHIP GRANTS - CORNELL UNIVERSITY. GRANTEE NAME: VARIOUS. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 7,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ACTIVITY CLASSIFICATION: FELLOWSHIP GRANTS - UNIVERSITY OF PENNSYLVANIA. GRANTEE NAME: SARAH KATZNELSON. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 52,253.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION: POSTAGE & SHIPPING. AMOUNT: 114.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DESCRIPTION: RELATED PARTY RECEIVABLES. BEG. OF YEAR AMOUNT: 4,793. END OF YEAR AMOUNT: 8,250.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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