Aspen Group
- Assets
- $28.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 30-0855877
Organization Overview
Aspen Group is located in Lansing, MI. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspen Group 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 12/2021, Aspen Group generated $48.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $69.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ASPEN GROUP EDUCATES THE PUBLIC ON HEALTH CARE INNOVATIONS AND SOLUTIONS AND PROVIDES A PLACE FOR FEDERAL AND STATE GOVERNMENT LEADERS TO TURN TO FOR ADVICE AND IDEAS ABOUT HEALTHCARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Mcclellan Treasurer | 0.25 | $0 | |
Nathan Lohmeyer Secretary | 0.25 | $0 | |
George Barrett President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,000 |
| 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 | $2,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $66,295 |
| Total expenses | $69,095 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,874 |
| Other assets | $0 |
| Total assets | $28,874 |
| Total liabilities | $5,000 |
| Net assets or fund balances | $23,874 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aspen Group has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Carilion Medical Center Roanoke, VA PURPOSE: Program support | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
New Albany Community Foundation New Albany, OH | $19,894,351 | $7,914,986 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
United Way Of Greater Stark County Inc Canton, OH | $15,976,372 | $6,358,831 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Licking County Foundation Newark, OH | $148,770,755 | $12,459,784 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Detroit Childrens Fund Detroit, MI | $4,764,612 | $6,678,705 |
Foundations Of East Chicago Inc East Chicago, IN | $37,687,185 | $5,519,397 |
Sisters Of Charity Foundation Of South Carolina Cleveland, OH | $112,898,417 | $3,663,141 |
Kiwanis International Foundation Inc Indianapolis, IN | $18,583,899 | $3,595,306 |