STRATEGY STUDIO / PUBLIC DATA EXPLORER

AESOP INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
AESOP INC (EIN 46-4095004)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-06-28
IRS object ID
201611809349300246
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-06-28T12:03:02-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351756461PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HEMAN LAWSON HAWKS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12522 N SALISBURY STAddressLine1Txt
CityWEST LAFAYETTECityNm
State AbbreviationINStateAbbreviationCd
ZIP479061428ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464095004EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AESOP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAESOBusinessNameControlTxt
Phone4803158263PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line118801 N THOMPSON PEAK PKWY STE 240AddressLine1Txt
CitySCOTTSDALECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85255ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL T DAYPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4804436762PhoneNum
Signature2016-06-08SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWENDELL D LAWSON CPAPreparerPersonNm
PTINP00157986PTIN
Phone7654635566PhoneNum
Preparation2016-06-09PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL T DAYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line118801 N THOMPSON PEAK PKWY STE 240AddressLine1Txt
CitySCOTTSDALECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85255ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,070,905GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://AESOPKIDS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionARIZONA STUDENT TUITION ORGANIZATIONS, AS PROVIDED FOR BY AZ STATE LAW, PROVIDE SCHOLARSHIPS TO PRIVATE K-12 EDUCATIONAL OPPORTUNITIES WITHIN THE STATE OF ARIZONA ON THE BASIS OF MERIT AND NEED.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$710,399PYContributionsGrantsAmt
CY Contributions Grants$1,070,650CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$255CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$710,399PYTotalRevenueAmt
CY Total Revenue$1,070,905CYTotalRevenueAmt
PY Grants And Similar Paid$109,550PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$484,553CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$17,500PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$27,425CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$13,712CYTotalFundraisingExpenseAmt
PY Other Expenses$34,266PYOtherExpensesAmt
CY Other Expenses$84,616CYOtherExpensesAmt
PY Total Expenses$161,316PYTotalExpensesAmt
CY Total Expenses$596,594CYTotalExpensesAmt
PY Revenues Less Expenses$549,083PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$474,311CYRevenuesLessExpensesAmt
Total Assets BOY$599,087TotalAssetsBOYAmt
Total Assets EOY$1,073,398TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$599,087NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,073,398NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionARIZONA STUDENT TUITION ORGANIZATIONS, AS PROVIDED FOR BY AZ STATE LAW, PROVIDE SCHOLARSHIPS TO PRIVATE K-12 EDUCATIONAL OPPORTUNITIES WITHIN THE STATE OF ARIZONA ON THE BASIS OF MERIT AND NEED.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$484,553ExpenseAmt
Grant$484,553GrantAmt
Revenue$1,070,950RevenueAmt
DescAESOP ONLY HAS ONE PROGRAM SERVICE: TO DISTRIBUTE SCHOLARSHIPS TO DESERVING ARIZONA STUDENTS BASED ON MERIT AND NEED.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescAESOP ONLY HAS ONE PROGRAM SERVICE: TO DISTRIBUTE SCHOLARSHIPS TO DESERVING ARIZONA STUDENTS BASED ON MERIT AND NEED. INCLUDING IN THE ABOVE EXPENSES, GRANTS, AND REVENUES ARE THEREFORE ALL EXPENSES, GRANTS, AND REVENUES FOR THE TAX YEAR 2015.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$484,553TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMICHAEL DAYPersonNm
Phone4803158263PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line118801 N THOMPSON PEAK PKWY STE 240AddressLine1Txt
CitySCOTTSDALECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85255ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MICHAEL T DAY
EXECUTIVE DI30.00Yes (X)Yes (X)$27,425$0$0
LARRY DAY
BOARD MEMBER5.00Yes (X)$0$0$0
DOUG FOUGNIES
BOARD MEMBER5.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$27,425TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$1,070,650AllOtherContributionsAmt
Total Contributions$1,070,650TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$255TotalRevenueColumnAmt
Related Or Exempt Func Income$255RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,070,905TotalRevenueColumnAmt
Related Or Exempt Func Income$255RelatedOrExemptFuncIncomeAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$484,553TotalAmt
Program Services$484,553ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$27,425TotalAmt
Management And General$13,713ManagementAndGeneralAmt
Fundraising$13,712FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,629TotalAmt
Management And General$9,629ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$50,495TotalAmt
Management And General$50,495ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$271TotalAmt
Management And General$271ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$180TotalAmt
Management And General$180ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$351TotalAmt
Management And General$351ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
PROFESSIONAL FEES$21,880$21,880
OTHER EXPENSES$1,671$1,671
OUTSIDE COMPUTER SERVICES$129$129
ORGANIZATIONAL (CORP) EXP$10$10

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$596,594TotalAmt
Program Services$484,553ProgramServicesAmt
Management And General$98,329ManagementAndGeneralAmt
Fundraising$13,712FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$599,087BOYAmt
EOY$223,143EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$850,246EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$9EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$599,087BOYAmt
EOY$1,073,398EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$131,853BOYAmt
EOY$1,073,398EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$46,723BOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$420,511BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$599,087BOYAmt
EOY$1,073,398EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$599,087BOYAmt
EOY$1,073,398EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$474,311ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$710,399CurrentTaxYearMinus1YearAmt
Current Tax Year$1,070,650CurrentTaxYearAmt
Total$1,781,049TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$710,399CurrentTaxYearMinus1YearAmt
Current Tax Year$1,070,650CurrentTaxYearAmt
Total$1,781,049TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,781,049PublicSupportTotal170Amt
Total Support$1,781,049TotalSupportAmt
Gross Receipts Rltd Activities$255GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient323RecipientCnt
Cash Grant$484,553CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 4, PART IVFormAndLineReferenceDesc
ExplanationALL SCHOLARSHIPS ARE PAID DIRECTLY TO A QUALIFYING K-12 PRIVATE SCHOOL WITHIN THE STATE OF ARIZONA ON BEHALF OF THE STUDENT-RECIPIENT. WE CONFIRM THE SCHOOL QUALIFIES ACCORDING TO THE ARIZONA STUDENT TUITION LAW PRIOR TO MAKING ANY GRANT.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DAESOP ONLY HAS ONE PROGRAM SERVICE: TO DISTRIBUTE SCHOLARSHIPS TO DESERVING ARIZONA STUDENTS BASED ON MERIT AND NEED. INCLUDING IN THE ABOVE EXPENSES, GRANTS, AND REVENUES ARE THEREFORE ALL EXPENSES, GRANTS, AND REVENUES FOR THE TAX YEAR 2015.
FORM 990, PAGE 6, PART VI, LINE 2LARRY DAY MICHAEL T DAY BOARD MEMBER EX. DIRECTOR UNCLE-NEPHEW RELATIONSHIP
FORM 990, PAGE 6, PART VI, LINE 11BTHIS 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE BOARD BEFORE FILING
FORM 990, PAGE 6, PART VI, LINE 12CALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS AS THEY OCCUR. THE EXECUTIVE DIRECTOR IS THE ONLY PERSON WHO SIGNS CHECKS AND MAKES PURCHASES FOR THE ORGANIZAION.
FORM 990, PAGE 6, PART VI, LINE 19THESE DOCUMENTS WERE NOT PROVIDED TO THE PUBLIC, ALTHOUGH WOULD HAVE BEEN PROVIDED UPON REQUEST.