Aslan Foundation Inc
Aslan Foundation maintains strong asset base with zero officer compensation amidst fluctuating revenues.
EIN: 200436559 · Tucson, AZ · NTEE: T20 · Updated: 2026-03-28
Is Aslan Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aslan Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aslan Foundation Inc
Aslan Foundation Inc (EIN: 200436559) is a nonprofit organization based in Tucson, AZ, classified under NTEE code T20. The organization reported total revenue of $403K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aslan Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aslan Foundation Inc is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $117K |
| Surplus / Deficit | +$57K |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | 32.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 110.5 months |
Financial Health Grade: A
In 2023, Aslan Foundation Inc reported a surplus of $57K with revenue exceeding expenses, holds 110.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Aslan Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +295.2% | -10.9% | +5.6% |
| 2022 | -41.2% | -27.1% | -7.9% |
| 2021 | -63.4% | +53.4% | -8.7% |
| 2020 | +591.4% | -18.6% | +7.8% |
| 2019 | -83.3% | -15.9% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aslan Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Aslan Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Aslan Foundation Inc:
- Consistent 0% officer compensation across all filings, maximizing mission-related spending.
- Strong and stable asset base, consistently over $1 million, indicating financial resilience.
- Very low liabilities, often $0 or $1, demonstrating excellent fiscal management.
- Long and consistent IRS 990 filing history (11 filings), indicating high transparency.
- Expenses generally well-managed relative to revenue, even during periods of lower income.
Frequently Asked Questions about Aslan Foundation Inc
Is Aslan Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aslan Foundation Inc (EIN: 200436559) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Aslan Foundation Inc spend its money?
Aslan Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aslan Foundation Inc tax-deductible?
Aslan Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200436559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Aslan Foundation Inc. a good charity?
Based on the available IRS 990 data, Aslan Foundation Inc. appears to be a very good charity. It maintains a strong asset base, consistently reports 0% officer compensation, and has very low liabilities, all indicating sound financial management and a high likelihood of funds being directed to its mission.
How stable is Aslan Foundation Inc.'s funding?
The foundation's funding shows significant year-to-year fluctuations, with revenue ranging from $29,618 to $402,680. While assets remain strong, this variability suggests a need for diverse and stable funding sources to ensure long-term operational consistency.
What is the trend in Aslan Foundation Inc.'s assets?
Aslan Foundation Inc. has consistently maintained a strong asset base, generally above $1 million, reaching $1,112,724 in the latest period. This indicates robust financial health and capacity.
Filing History
IRS 990 filing history for Aslan Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Aslan Foundation Inc's revenue has grown by 105.4%, moving from $85K to $174K. Total assets increased by 54.5% over the same period, from $698K to $1.1M. Total functional expenses rose by 461.6%, from $21K to $117K. In its most recent filing year (2023), Aslan Foundation Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $117K | $1.1M | $1 | — | View 990 |
| 2022 | $44K | $131K | $1.0M | $1 | — | — |
| 2021 | $75K | $180K | $1.1M | $1 | — | View 990 |
| 2020 | $205K | $117K | $1.2M | $1 | — | — |
| 2019 | $30K | $144K | $1.1M | $0 | — | View 990 |
| 2018 | $177K | $171K | $1.2M | $0 | — | View 990 |
| 2015 | $146K | $123K | $969K | $0 | — | View 990 |
| 2014 | $81K | $93K | $947K | $0 | — | View 990 |
| 2013 | $144K | $69K | $958K | $0 | — | View 990 |
| 2012 | $249K | $64K | $883K | $0 | — | View 990 |
| 2011 | $85K | $21K | $698K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $117K, and assets of $1.1M (revenue +295.2% year-over-year).
- 2022: Revenue of $44K, expenses of $131K, and assets of $1.0M (revenue -41.2% year-over-year).
- 2021: Revenue of $75K, expenses of $180K, and assets of $1.1M (revenue -63.4% year-over-year).
- 2020: Revenue of $205K, expenses of $117K, and assets of $1.2M (revenue +591.4% year-over-year).
- 2019: Revenue of $30K, expenses of $144K, and assets of $1.1M (revenue -83.3% year-over-year).
- 2018: Revenue of $177K, expenses of $171K, and assets of $1.2M (revenue +21.3% year-over-year).
- 2015: Revenue of $146K, expenses of $123K, and assets of $969K (revenue +79.2% year-over-year).
- 2014: Revenue of $81K, expenses of $93K, and assets of $947K (revenue -43.4% year-over-year).
- 2013: Revenue of $144K, expenses of $69K, and assets of $958K (revenue -42.2% year-over-year).
- 2012: Revenue of $249K, expenses of $64K, and assets of $883K (revenue +193.4% year-over-year).
- 2011: Revenue of $85K, expenses of $21K, and assets of $698K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aslan Foundation Inc:
Data Sources and Methodology
This transparency report for Aslan Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.