Overview
What is Asu Enterprise Partners?
Asu Enterprise Partners is a unique nonprofit organization affiliated with Arizona State University. Instead of following the traditional university model, they have innovatively designed a new approach to generate revenue for Arizona State University. Their mission revolves around creating sustainable financial sources for the university, setting them apart from conventional organizations.
Official website here: www.asuenterprisepartners.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Asu Enterprise Partners has achieved a high score of 96% on Charity Navigator, earning a Four-Star rating, which reflects its strong commitment to accountability and financial management. This rating is based solely on the Accountability & Finance beacon, where the organization excels in several key areas, including having a majority of independent board members and a robust financial oversight structure.
The organization has demonstrated exemplary practices in governance, as evidenced by its independent board composition and comprehensive financial policies. These include a clear conflict of interest policy and effective whistleblower protections, which contribute to a culture of transparency and ethical management. Additionally, Asu Enterprise Partners maintains a solid financial standing, with a program expense ratio of 77%, indicating that a significant portion of its funds is directed towards its mission-driven programs.
While the organization shows strong financial health and governance practices, the review does not highlight any specific areas of concern or limitations. Overall, Asu Enterprise Partners stands out for its operational integrity and effective use of resources, making it a commendable choice for donors looking to support a responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Asu Enterprise Partners legitimate?
Asu Enterprise Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asu Enterprise Partners submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,084,135
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,909,091
For more financial information, click here
Official website here: www.asuenterprisepartners.org
What is the mission statement of Asu Enterprise Partners?
Asu Enterprise Partners operates with a unique mission to support Arizona State University (ASU) by generating alternative revenue streams. Their innovative organizational model sets them apart from traditional educational institutions. By devising unconventional methods, they contribute significantly to the financial resources of ASU.
Official website here: www.asuenterprisepartners.org
Who is the CEO of Asu Enterprise Partners?
Mark Searle is the CEO of Asu Enterprise Partners The CEO's salary of Asu Enterprise Partners is $0 and their total compensation is $0.
Official website here: www.asuenterprisepartners.org
What is the revenue of Asu Enterprise Partners?
Asu Enterprise Partners's revenue in 2024 was $14,131,223.
Official website here: www.asuenterprisepartners.org
Who are the executives of Asu Enterprise Partners and what are their salaries?
The average compensation at Asu Enterprise Partners during 2024 was $32,987. There are 212 employees and 11 volunteers at Asu Enterprise Partners.
Here are 22 key members and their salaries (Asu Enterprise Partners's CEO's salary is $0 and their total compensation is $0):
- Compensation: $824,034
- Related: $0
- Other: $76,505
- Compensation: $0
- Related: $611,432
- Other: $82,365
- Compensation: $611,701
- Related: $0
- Other: $52,574
- Compensation: $372,431
- Related: $0
- Other: $59,147
- Compensation: $378,163
- Related: $0
- Other: $44,901
- Compensation: $307,117
- Related: $0
- Other: $53,471
- Compensation: $305,588
- Related: $0
- Other: $44,378
- Compensation: $292,576
- Related: $0
- Other: $49,941
- Compensation: $295,351
- Related: $0
- Other: $34,383
- Compensation: $256,887
- Related: $0
- Other: $44,007
- Compensation: $251,142
- Related: $0
- Other: $46,872
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.asuenterprisepartners.org
Where can I find the form 990 for Asu Enterprise Partners?
Asu Enterprise Partners's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.asuenterprisepartners.org
Learn more at the official website: www.asuenterprisepartners.org
Mission Statement of Asu Enterprise Partners
Asu Enterprise Partners, a unique entity associated with Arizona State University, operates with a distinct mission. Unlike traditional universities, Asu Enterprise Partners was established to generate revenue streams for Arizona State University, employing an innovative organizational model. Their primary objective is to support the university by tapping into various sources of income, thereby contributing to its growth and development.
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Impact
October, 2024
ASU Enterprise Partners has a significant impact on Arizona State University by implementing an innovative organizational model that focuses on generating revenue streams to support the university's mission. This unique approach enables ASU to enhance its educational offerings and expand its reach, ultimately benefiting students, faculty, and the broader community. Through strategic initiatives and partnerships, ASU Enterprise Partners helps to cultivate an environment that fosters growth, creativity, and access to resources, ensuring that ASU remains at the forefront of higher education. As a result, it plays a crucial role in enhancing the university's capacity to serve a diverse population and address the evolving challenges of the educational landscape.
This information is meant to be a general summary of Asu Enterprise Partners. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $4,000,779
- Program Service Revenue: $3,717,481
- Gross Receipts: $38,567,599
Assets and Liabilities:
- Total Assets: $381,094,670
- Total Liabilities: $175,151,706
- Net Assets: $205,942,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENTALS
Revenue
$2,301,825
PROGRAM SUPPORT
Revenue
$1,124,585
PROGRAM REV & MBRSHP
Revenue
$291,071
Organization Details
Founding Year
2015
Principal Officer
Dan Dillon
NTEE Category
Code: B11 - Education
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