Aslan Inc
Aslan Inc: Consistent Operations, Declining Revenue Trend
EIN: 222061018 · Red Bank, NJ · NTEE: O20Z · Updated: 2026-04-04
Is Aslan Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aslan Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aslan Inc
Aslan Inc (EIN: 222061018) is a nonprofit organization based in Red Bank, NJ, classified under NTEE code O20Z. The organization reported total revenue of $511K and total assets of $371K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aslan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aslan Inc with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Aslan Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely indicates no reported compensation for key employees, which warrants further investigation.
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.
Red Flags
The following concerns were identified during AI analysis of Aslan Inc's IRS 990 filings:
- Revenue has shown a consistent decline from $694,646 in 2021 to $460,653 in 2023.
- Liabilities have fluctuated, with a notable decrease from $51,504 in 2022 to $21,794 in 2023, which could indicate debt repayment or reduced obligations.
Strengths
The following positive indicators were identified for Aslan Inc:
- Maintains a healthy asset base, consistently exceeding liabilities.
- Operating expenses are well-managed, generally staying below revenue, indicating financial stability.
- Consistent filing of financial data over multiple years demonstrates good governance.
Frequently Asked Questions about Aslan Inc
Is Aslan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aslan Inc (EIN: 222061018) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Aslan Inc spend its money?
Aslan Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aslan Inc tax-deductible?
Aslan Inc is registered as a tax-exempt nonprofit (EIN: 222061018). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Aslan Inc do?
Aslan Inc is a nonprofit organization in the Youth Development sector, located in Red Bank, New Jersey. It is classified under NTEE code O20Z.
How much revenue does Aslan Inc have?
Aslan Inc reported total revenue of $510,799. Based on 14 IRS 990 filings on record.
What are Aslan Inc's total assets?
Aslan Inc holds total assets of $371,472 as reported in IRS 990 filings.
Where is Aslan Inc located?
Aslan Inc is based in Red Bank, New Jersey.
What is Aslan Inc's EIN?
Aslan Inc's Employer Identification Number (EIN) is 222061018. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Aslan Inc?
Aslan Inc is classified under NTEE code O20Z (Youth Development).
Is Aslan Inc a registered 501(c)(3)?
Yes, Aslan Inc is recognized as a tax-exempt organization by the IRS. EIN: 222061018.
Does Aslan Inc file IRS Form 990?
Yes, Aslan Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Aslan Inc's revenue in 2023?
In the 202312 filing period, Aslan Inc reported total revenue of $460,653, total expenses of $489,176, and net assets of $346,275.
Is Aslan Inc's revenue growing or declining?
Aslan Inc's revenue is declining. Revenue went from $603,602 (202212) to $460,653 (202312), a -23.7% change. Based on 14 filings on record.
What is Aslan Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Aslan Inc covers tax period 202312. It shows revenue of $460,653, expenses of $489,176, total assets of $346,275, and liabilities of $21,794.
How much does Aslan Inc spend on programs vs administration?
Based on IRS 990 analysis, Aslan Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Aslan Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Aslan Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Aslan Inc?
The following concerns were identified: Revenue has shown a consistent decline from $694,646 in 2021 to $460,653 in 2023.. Liabilities have fluctuated, with a notable decrease from $51,504 in 2022 to $21,794 in 2023, which could indicate debt repayment or reduced obligations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Aslan Inc's strengths?
Positive indicators for Aslan Inc include: Maintains a healthy asset base, consistently exceeding liabilities.. Operating expenses are well-managed, generally staying below revenue, indicating financial stability.. Consistent filing of financial data over multiple years demonstrates good governance.. These findings are derived from AI analysis of the organization's financial filings.
How does Aslan Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely indicates no reported compensation for key employees, which warrants further investigation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors are contributing to the consistent decline in revenue observed since 2021, and what strategies are in place to reverse this trend?
The data shows a revenue drop from $694,646 in 2021 to $460,653 in 2023. Without additional context, it's unclear if this is due to changes in funding, program scope, or external factors. Further inquiry into fundraising efforts and program impact would be necessary.
Given the 'c0%' for executive compensation across all years, how does Aslan Inc compensate its leadership, and what is the rationale for not reporting these figures?
The 'c0%' for compensation suggests either no paid executives, or compensation is structured in a way that isn't reported under this specific line item. Understanding the leadership structure and how key personnel are compensated is crucial for a complete financial picture.
Filing History
IRS 990 filing history for Aslan Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Aslan Inc's revenue has declined by 0.3%, moving from $462K to $461K. Total assets increased by 28.7% over the same period, from $269K to $346K. Total functional expenses fell by 27.3%, from $673K to $489K. In its most recent filing year (2023), Aslan Inc reported a deficit of $29K, with expenses exceeding revenue. The organization holds $22K in liabilities against $346K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $324K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $461K | $489K | $346K | $22K | — | — |
| 2022 | $604K | $601K | $404K | $52K | — | View 990 |
| 2021 | $695K | $635K | $397K | $48K | — | View 990 |
| 2020 | $630K | $568K | $329K | $39K | — | View 990 |
| 2019 | $625K | $622K | $273K | $46K | — | View 990 |
| 2018 | $533K | $521K | $265K | $41K | — | View 990 |
| 2017 | $497K | $497K | $250K | $38K | — | View 990 |
| 2016 | $523K | $520K | $263K | $51K | — | View 990 |
| 2015 | $490K | $479K | $231K | $22K | — | View 990 |
| 2014 | $524K | $436K | $220K | $23K | — | View 990 |
| 2013 | $503K | $594K | $133K | $24K | — | View 990 |
| 2012 | $455K | $481K | $206K | $5K | — | View 990 |
| 2011 | $428K | $599K | $233K | $7K | — | View 990 |
| 2010 | $462K | $673K | $269K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $461K, expenses of $489K, and assets of $346K (revenue -23.7% year-over-year).
- 2022: Revenue of $604K, expenses of $601K, and assets of $404K (revenue -13.1% year-over-year).
- 2021: Revenue of $695K, expenses of $635K, and assets of $397K (revenue +10.2% year-over-year).
- 2020: Revenue of $630K, expenses of $568K, and assets of $329K (revenue +0.8% year-over-year).
- 2019: Revenue of $625K, expenses of $622K, and assets of $273K (revenue +17.3% year-over-year).
- 2018: Revenue of $533K, expenses of $521K, and assets of $265K (revenue +7.2% year-over-year).
- 2017: Revenue of $497K, expenses of $497K, and assets of $250K (revenue -4.9% year-over-year).
- 2016: Revenue of $523K, expenses of $520K, and assets of $263K (revenue +6.7% year-over-year).
- 2015: Revenue of $490K, expenses of $479K, and assets of $231K (revenue -6.4% year-over-year).
- 2014: Revenue of $524K, expenses of $436K, and assets of $220K (revenue +4.2% year-over-year).
- 2013: Revenue of $503K, expenses of $594K, and assets of $133K (revenue +10.6% year-over-year).
- 2012: Revenue of $455K, expenses of $481K, and assets of $206K (revenue +6.3% year-over-year).
- 2011: Revenue of $428K, expenses of $599K, and assets of $233K (revenue -7.4% year-over-year).
- 2010: Revenue of $462K, expenses of $673K, and assets of $269K.
Data Sources and Methodology
This transparency report for Aslan 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.