Asu Research And Innovation Foundation Inc
Asu Research And Innovation Foundation Inc shows consistent asset growth and no reported officer compensation.
EIN: 203239949 · State Univ, AR · NTEE: B11 · Updated: 2026-03-28
Is Asu Research And Innovation Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Asu Research And Innovation Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asu Research And Innovation Foundation Inc
Asu Research And Innovation Foundation Inc (EIN: 203239949) is a nonprofit organization based in State Univ, AR, classified under NTEE code B11. The organization reported total revenue of $97K and total assets of $301K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asu Research And Innovation Foundation 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 Asu Research And Innovation Foundation Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Asu Research And Innovation Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through an affiliated entity, which is a significant factor for a growing organization.
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 Asu Research And Innovation Foundation Inc's IRS 990 filings:
- Lack of detail on program spending within provided data
- Unclear source of executive compensation if not volunteer-based
Strengths
The following positive indicators were identified for Asu Research And Innovation Foundation Inc:
- Consistent asset growth over time (from $7,905 in 2015 to $300,572 currently)
- Healthy financial position with zero liabilities in recent years (2023, 2022)
- Revenue consistently exceeding expenses, indicating strong financial management
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership
Frequently Asked Questions about Asu Research And Innovation Foundation Inc
Is Asu Research And Innovation Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Asu Research And Innovation Foundation Inc (EIN: 203239949) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Asu Research And Innovation Foundation Inc spend its money?
Asu Research And Innovation Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Asu Research And Innovation Foundation Inc tax-deductible?
Asu Research And Innovation Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203239949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Asu Research And Innovation Foundation Inc fund its operations given 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be volunteer-based or compensated by an affiliated institution (e.g., Arkansas State University), which would not be directly reported on this specific 990. Further investigation into their relationship with ASU would clarify this.
What are the primary program activities of Asu Research And Innovation Foundation Inc?
While the NTEE code B11 indicates 'Research Institutes & Services', the 990 data primarily shows financial trends. To understand specific program activities, one would need to review the narrative sections of their Form 990s or their public website, as the provided data focuses on financial figures.
Is the organization's asset growth sustainable?
Yes, the organization's asset growth appears sustainable, driven by consistent revenue generation exceeding expenses. For instance, in 2023, revenue was $94,929 while expenses were $42,406, allowing for a significant surplus to be added to assets.
Filing History
IRS 990 filing history for Asu Research And Innovation Foundation Inc showing financial trends over 13 years of public records:
Total assets increased by 23906900% over the same period, from $1 to $239K. Total functional expenses rose by 13941.7%, from $302 to $42K. In its most recent filing year (2023), Asu Research And Innovation Foundation Inc reported a surplus of $53K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $95K | $42K | $239K | $0 | — | View 990 |
| 2022 | $65K | $52K | $187K | $0 | — | — |
| 2021 | $68K | $25K | $174K | $0 | — | — |
| 2020 | $72K | $27K | $131K | $0 | — | — |
| 2019 | $61K | $22K | $85K | $33 | — | View 990 |
| 2018 | $45K | $33K | $46K | $0 | — | View 990 |
| 2017 | $42K | $12K | $35K | $650 | — | View 990 |
| 2016 | $5K | $9K | $4K | $0 | — | View 990 |
| 2015 | $0 | $3K | $8K | $0 | — | View 990 |
| 2014 | $10K | $15K | $15K | $4K | — | View 990 |
| 2013 | $34K | $21K | $16K | $0 | — | View 990 |
| 2012 | $20K | $17K | $13K | $10K | — | View 990 |
| 2011 | $0 | $302 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $95K, expenses of $42K, and assets of $239K (revenue +47.0% year-over-year).
- 2022: Revenue of $65K, expenses of $52K, and assets of $187K (revenue -5.0% year-over-year).
- 2021: Revenue of $68K, expenses of $25K, and assets of $174K (revenue -6.1% year-over-year).
- 2020: Revenue of $72K, expenses of $27K, and assets of $131K (revenue +19.3% year-over-year).
- 2019: Revenue of $61K, expenses of $22K, and assets of $85K (revenue +36.2% year-over-year).
- 2018: Revenue of $45K, expenses of $33K, and assets of $46K (revenue +5.3% year-over-year).
- 2017: Revenue of $42K, expenses of $12K, and assets of $35K (revenue +836.2% year-over-year).
- 2016: Revenue of $5K, expenses of $9K, and assets of $4K.
- 2015: Revenue of $0, expenses of $3K, and assets of $8K (revenue -100.0% year-over-year).
- 2014: Revenue of $10K, expenses of $15K, and assets of $15K (revenue -70.1% year-over-year).
- 2013: Revenue of $34K, expenses of $21K, and assets of $16K (revenue +70.0% year-over-year).
- 2012: Revenue of $20K, expenses of $17K, and assets of $13K.
- 2011: Revenue of $0, expenses of $302, and assets of $1.
Data Sources and Methodology
This transparency report for Asu Research And Innovation 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.