Nonprofit · EIN 46-4095004
AESOP INC
Also known as DOUGLAS V FOUGNIES MBR
Tax-exempt · SCOTTSDALE, AZ 85255
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $804,877 | $1,716,376 | -$911,499 | $4,656,055 | $76,703 | $4,579,352 |
| June 30, 2024 | 990 | $2,961,388 | $4,413,735 | -$1,452,347 | $5,490,851 | $0 | $5,490,851 |
| June 30, 2023 | 990 | $7,204,913 | $4,533,449 | $2,671,464 | $6,943,198 | $0 | $6,943,198 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $565,465
- Program service revenue
- $0
- Investment income
- $239,412
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,211,386
- Other salaries and wages
- $184,928
- Salaries, compensation and benefits (total)
- $186,598
- Professional fundraising fees
- $49,710
- Legal fees
- $1,386
- Accounting fees
- $10,664
- Travel
- $1,164
- Program services (functional)
- $1,397,984
- Management and general (functional)
- $226,145
- Fundraising (functional)
- $92,247
Balance sheet and other
- Total assets, start of year
- $5,490,851
- Total assets, end of year
- $4,656,055
- Total liabilities, end of year
- $76,703
- Net assets, end of year
- $4,579,352
- Publicly traded securities
- $178,144
- Net assets without donor restrictions
- $4,579,352
- Gross receipts
- $804,877
- Employees
- 1
- Year formed
- 2014
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL T DAY | EXECUTIVE DI Trustee or director | 40 | $180,979 |
| BRANDON FOUGNIES | DIRECTOR Trustee or director | 30 | $71,170 |
| ELIJAH FOUGNIES | DIRECTOR Trustee or director | 30 | $55,152 |
| CATHY FOUGNIES | DIRECTOR Trustee or director | 30 | $8,825 |
| LARRY DAY | BOARD MEMBER Trustee or director, Officer | – | $0 |
| DOUG FOUGNIES | BOARD MEMBER Trustee or director, Officer | – | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL T DAY | EXECUTIVE DI Trustee or director | 40 | $160,000 |
| BRANDON FOUGNIES | DIRECTOR Trustee or director | 30 | $78,800 |
| ELIJAH FOUGNIES | DIRECTOR Trustee or director | 30 | $32,000 |
| LARRY DAY | BOARD MEMBER Trustee or director, Officer | – | $0 |
| CATHY FOUGNIES | DIRECTOR Trustee or director | 30 | $0 |
| DOUG FOUGNIES | BOARD MEMBER Trustee or director, Officer | – | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL T DAY | EXECUTIVE DI Trustee or director | 40 | $196,378 |
| BRANDON FOUGNIES | DIRECTOR Trustee or director | 40 | $39,945 |
| ELIJAH FOUGNIES | DIRECTOR Trustee or director | 30 | $21,947 |
| LARRY DAY | BOARD MEMBER Trustee or director, Officer | – | $0 |
| CATHY FOUGNIES | DIRECTOR Trustee or director | 30 | $0 |
| DOUG FOUGNIES | BOARD MEMBER Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 18801 N THOMPSON PEAK PKWY STE 240, SCOTTSDALE, AZ 85255-6348
- In care of
- % MICHAEL DAY
- Principal officer (990 for 2024)
- MICHAEL T DAY, 18801 N THOMPSON PEAK PKWY STE 240, SCOTTSDALE, AZ 85255
- Signed the 990
- MICHAEL T DAY, EXECUTIVE DIRECTOR
- Phone
- (480) 315-8263
- Website
- HTTPS://AESOPKIDS.ORG
- Return prepared by
- HEMAN LAWSON HAWKS LLP
Mission
ARIZONA 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.
Program accomplishments
- AESOP'S PRIMARY PROGRAM SERVICE IS TO DISTRIBUTE SCHOLARSHIPS TO DESERVING ARIZONA STUDENTS BASED ON MERIT AND NEED.Expenses $1,278,904 · grants $1,092,306
- AESOP'S SECONDARY PROGRAM SERVICE IS TO MAKE GRANTS TO QUALIFYING ORGANIZATIONS THAT PROVIDE SCHOLARSHIPS TO ARIZONA STUDENTS.Expenses $119,080 · grants $119,080
- AESOP'S PRIMARY PROGRAM SERVICE IS 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4095004
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $4,656,055
- Income (IRS master file)
- $804,877
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $804,877 | $1,716,376 | $4,656,055 | IRS |
| 990 | June 2024 | $2,961,388 | $4,413,735 | $5,490,851 | IRS |
| 990 | June 2023 | $7,204,913 | $4,533,449 | $6,943,198 | XML |
| 990 | June 2022 | $4,757,645 | $2,956,216 | $4,271,734 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4095004).
Questions about AESOP INC
- What is the EIN of AESOP INC?
- The employer identification number (EIN) of AESOP INC is 46-4095004.
- Is AESOP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to AESOP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AESOP INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AESOP INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AESOP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of AESOP INC?
- The 990 for the year ended June 30, 2025 names MICHAEL T DAY.
- Who are the officers and directors of AESOP INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 4 received compensation from the organization, the highest $180,979 (MICHAEL T DAY, EXECUTIVE DI).
- How much revenue does AESOP INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $804,877, expenses of $1,716,376 and total assets of $4,656,055 at year end.
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