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Asu Research Enterprise

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 900868685 ✦ Tempe, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Asu Research Enterprise?

Asu Research Enterprise is a nonprofit organization based in Tempe, Arizona, with a postal address of PO Box 2260. Their primary mission is to support Arizona State University (ASU) by providing management services, enabling the establishment and execution of various operational activities, ranging from small-scale operations to large-scale projects, such as COVID-19 testing and vaccination support. The organization's purpose is to extend ASU's research reach, fostering applied research and development. This cultivation and execution of R&D aims to transition technology and innovation into later stages of readiness, addressing national security and global humanity challenges. With a workforce of approximately 20 individuals, Asu Research Enterprise plays a crucial role in advancing ASU's research goals.


Official website here: www.asure.asu.edu

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 81% (Three-Star out of Four Stars)**

Asu Research Enterprise has received an 81% rating from Charity Navigator, which is based on their accountability and financial practices. The organization demonstrates strong governance with 60% of its board members being independent and robust financial oversight, reflected in a solid audit and oversight committee. However, a notable limitation is the absence of their tax form on the nonprofit's website and a concerning liabilities to assets ratio of 189.52%, which suggests potential financial risks.

The organization excels in its program expenses, with nearly 95% of its expenditures directed towards its initiatives, indicating effective financial management concerning its mission. The leadership appears stable, and they have established essential policies, such as those concerning conflicts of interest and whistleblower protections, reinforcing their commitment to transparency.

Unfortunately, as of now, there are no available user reviews from GreatNonprofits to provide further insights into the community's perspective on Asu Research Enterprise.


This AI summary has been generated from information found on Charity Navigator.

Is Asu Research Enterprise legitimate?

Asu Research Enterprise is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asu Research Enterprise 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: $85,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $377,624

For more financial information, click here


Official website here: www.asure.asu.edu

What is the mission statement of Asu Research Enterprise?

The Asu Research Enterprise aims to expand Arizona State University's research capabilities by fostering and executing applied research and development. Their mission is twofold: firstly, to facilitate the transition of technology and innovation into later-stage readiness levels, and secondly, to operationalize agile managerial services to deliver matured solutions. These solutions are designed to address national security and global humanity challenges. Additionally, the enterprise provides management services to establish and execute operational activities, ranging from small to large-scale operations, such as COVID-19 testing and vaccination support.


Official website here: www.asure.asu.edu

Who is the CEO of Asu Research Enterprise?

Ryan Given is the Director of Asu Research Enterprise. The CEO's salary of Asu Research Enterprise is $143,877 and their total compensation is $170,708.


Official website here: www.asure.asu.edu

What is the revenue of Asu Research Enterprise?

Asu Research Enterprise's revenue in 2022 was $8,204,365.


Official website here: www.asure.asu.edu

Who are the executives of Asu Research Enterprise and what are their salaries?

The average compensation at Asu Research Enterprise during 2022 was $23,137. There are 20 employees and 2 volunteers at Asu Research Enterprise.


Here are 8 key members and their salaries (Asu Research Enterprise's CEO's salary is $143,877 and their total compensation is $170,708):


Dan Dillon (Director)
  • Compensation: $0
  • Related: $761,014
  • Other: $69,086
Virginia Desanto (Treasurer)
  • Compensation: $0
  • Related: $280,300
  • Other: $34,890
David Thomas (Ceo Thru 9/21)
  • Compensation: $143,877
  • Related: $0
  • Other: $26,831
Ronald Thompson (Managing Director From 9/21)
  • Compensation: $0
  • Related: $157,701
  • Other: $11,137
Rf Shangraw Jr (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Morton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hope Sharett (Secretary)
  • Compensation: $0
  • Related: $260,814
  • Other: $37,776
Steven Latino (Director, Research Compliance Svcs)
  • Compensation: $100,946
  • Related: $0
  • Other: $14,951


Official website here: www.asure.asu.edu

Where can I find the form 990 for Asu Research Enterprise?

Asu Research Enterprise's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.asure.asu.edu

Learn more at the official website: www.asure.asu.edu

Mission Statement of Asu Research Enterprise

Asu Research Enterprise, a notable entity, aims to expand Arizona State University's (ASU) research capabilities. To achieve this, it cultivates and executes applied research and development. The organization's goal is to advance technology and innovation into later stages of readiness, transitioning them from conceptual stages to operational uses. Additionally, Asu Research Enterprise operationalizes agile managerial services to deliver matured solutions that address national security and global humanity challenges. By providing management services, Asu Research Enterprise supports ASU in establishing and executing operational activities, ranging from small to large-scale operations. During times of crisis, such as the COVID-19 pandemic, Asu Research Enterprise has shown its flexibility and commitment by providing support for testing and vaccination efforts.

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Impact




July, 2024

ASU Research Enterprise extends Arizona State University's reach to achieve its research goals through applied research and development. By providing management services for operational activities ranging from small to large scale, including support for COVID-19 testing and vaccination, it contributes to the advancement of technology and innovation. This amplifies solutions that address national security and global challenges, ultimately benefiting both society and humanity.




This information is meant to be a general summary of Asu Research Enterprise. 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.

Revenue
$8,204,365 (2022)
Expenses
$9,380,695 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $8,177,752
  • Gross Receipts: $8,204,365

Assets and Liabilities:

  • Total Assets: $4,175,922
  • Total Liabilities: $1,827,124
  • Net Assets: $2,348,798

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COVID 19 TEST SUPPORT

Revenue

$5,447,800

COVID 19 VAC. SUPPORT

Revenue

$1,662,420

RESEARCH CONTRACTS

Revenue

$1,067,532

Organization Details

Founding Year

2012

Principal Officer

Ryan Given

Main Address

PO BOX 2260, TEMPE, AZ, 852802260

NTEE Category

Code: P99 - Human services

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