Civic Intelligence

Northern Kentucky University Research

EIN 20-1787893 • 501(c)3 • Highland Heights, KY

Profile

The research foundation is organized for educational purposes to support nku's efforts to promote the development, implementation and coordination of sponsored programs invlolving instruction, public service, and research. This includes the administration of conservation easements and other projects that further the mission of northern kentucky universty.

Nunn Drive Uc405Highland Heights, KY 41099

inside.nku.edu/RGC/HTML

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.20x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

55th percentile

0.10x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

47th percentile

2.9%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

95th percentile

$313,165

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

18th percentile

-8.9%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

-0.1%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,853,796

Down $180,756 (-8.9%) from 2024

Liabilities

Down

$369,979

Down $285,916 (-44%) from 2024

Net Assets

Up

$1,483,817

Up $105,160 (+7.6%) from 2024

Revenue

Down

$3,651,035

Down $1,835 (-0.1%) from 2024

Expenses

Down

$3,545,875

Down $62,246 (-1.7%) from 2024

Net Income

Up

$105,160

Up $60,411 (+135%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $7,881,137Liabilities 2010: $7,014,671Net Assets 2010: $866,4662010Assets 2011: $7,311,574Liabilities 2011: $6,424,546Net Assets 2011: $887,0282011Assets 2012: $20,796,754Liabilities 2012: $19,173,570Net Assets 2012: $1,623,1842012Assets 2013: $20,289,600Liabilities 2013: $18,712,970Net Assets 2013: $1,576,6302013Assets 2014: $14,143,856Liabilities 2014: $13,064,117Net Assets 2014: $1,079,7392014Assets 2015: $13,811,269Liabilities 2015: $12,897,178Net Assets 2015: $914,0912015Assets 2016: $14,022,137Liabilities 2016: $13,002,723Net Assets 2016: $1,019,4142016Assets 2017: $13,927,869Liabilities 2017: $13,078,173Net Assets 2017: $849,6962017Assets 2018: $12,891,591Liabilities 2018: $12,086,235Net Assets 2018: $805,3572018Assets 2019: $12,474,433Liabilities 2019: $11,609,640Net Assets 2019: $864,7932019Assets 2020: $12,969,153Liabilities 2020: $12,023,287Net Assets 2020: $945,8662020Assets 2021: $1,426,112Liabilities 2021: $325,248Net Assets 2021: $1,100,8642021Assets 2022: $17,172,069Liabilities 2022: $388,871Net Assets 2022: $16,783,1982022Assets 2023: $1,719,031Liabilities 2023: $385,123Net Assets 2023: $1,333,9082023Assets 2024: $2,034,552Liabilities 2024: $655,895Net Assets 2024: $1,378,6572024Assets 2025: $1,853,796Liabilities 2025: $369,979Net Assets 2025: $1,483,8172025

Highlighted filing

2025

Assets$1,853,796
Liabilities$369,979
Net Assets$1,483,817

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $4,231,2642010Revenue 2011: $5,909,986Expenses 2011: $4,984,976Net Income 2011: $925,0102011Revenue 2012: $8,059,691Expenses 2012: $5,638,266Net Income 2012: $2,421,4252012Revenue 2013: $6,323,432Expenses 2013: $5,984,450Net Income 2013: $338,9822013Revenue 2014: $6,879,392Expenses 2014: $6,269,641Net Income 2014: $609,7512014Revenue 2015: $5,969,581Expenses 2015: $5,464,928Net Income 2015: $504,6532015Revenue 2016: $5,038,253Expenses 2016: $4,463,754Net Income 2016: $574,4992016Revenue 2017: $4,321,212Expenses 2017: $3,973,737Net Income 2017: $347,4752017Revenue 2018: $2,445,782Expenses 2018: $2,278,997Net Income 2018: $166,7852018Revenue 2019: $2,072,721Expenses 2019: $2,013,285Net Income 2019: $59,4362019Revenue 2020: $2,338,286Expenses 2020: $2,257,213Net Income 2020: $81,0732020Revenue 2021: $2,359,425Expenses 2021: $2,204,427Net Income 2021: $154,9982021Revenue 2022: $7,339,516Expenses 2022: $3,856,010Net Income 2022: $3,483,5062022Revenue 2023: $3,231,014Expenses 2023: $3,241,686Net Income 2023: -$10,6722023Revenue 2024: $3,652,870Expenses 2024: $3,608,121Net Income 2024: $44,7492024Revenue 2025: $3,651,035Expenses 2025: $3,545,875Net Income 2025: $105,1602025

Highlighted filing

2025

Revenue$3,651,035
Expenses$3,545,875
Net Income$105,160

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.85$0.37$1.48$3.65$3.55$0.11
2024Detailed filing. Detailed filing data is available for this year.$2.03$0.66$1.38$3.65$3.61$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.72$0.39$1.33$3.23$3.24$0.01
2022Detailed filing. Detailed filing data is available for this year.$17.2$0.39$16.8$7.34$3.86$3.48
2021Detailed filing. Detailed filing data is available for this year.$1.43$0.33$1.10$2.36$2.20$0.15
2020Detailed filing. Detailed filing data is available for this year.$13.0$12.0$0.95$2.34$2.26$0.08
2019Detailed filing. Detailed filing data is available for this year.$12.5$11.6$0.86$2.07$2.01$0.06
2018Summary only. Only limited summary data is available for this year.$12.9$12.1$0.81$2.45$2.28$0.17
2017Summary only. Only limited summary data is available for this year.$13.9$13.1$0.85$4.32$3.97$0.35
2016Summary only. Only limited summary data is available for this year.$14.0$13.0$1.02$5.04$4.46$0.57
2015Summary only. Only limited summary data is available for this year.$13.8$12.9$0.91$5.97$5.46$0.50
2014Summary only. Only limited summary data is available for this year.$14.1$13.1$1.08$6.88$6.27$0.61
2013Summary only. Only limited summary data is available for this year.$20.3$18.7$1.58$6.32$5.98$0.34
2012Summary only. Only limited summary data is available for this year.$20.8$19.2$1.62$8.06$5.64$2.42
2011Summary only. Only limited summary data is available for this year.$7.31$6.42$0.89$5.91$4.98$0.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.88$7.01$0.87$4.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 19, 2026
Return Version
2024v5.5
Gross Receipts
$3,651,035
Mission and Program Overview

Mission

The research foundation is organized for educational purposes to support nku's efforts to promote the development, implementation and coordination of sponsored programs invlolving instruction, public service, and research. This includes the administration of conservation easements and other projects that further the mission of northern kentucky universty.

The primary purpose of the research foundation is to promote and implement scientific and educational activities for northern kentucky university through the coordination of extramurally sponsored and nku foundation, inc. Supported programs, including administration of conservation easements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,332,603$1,421,576▲ $88,973
Pledges and Grants Receivable$685,715$432,220▼ $253,495
Prepaid Expenses and Deferred Charges$16,234$0▼ $16,234
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$2,034,552$1,853,796▼ $180,756
Liabilities
Accounts Payable and Accrued Expenses$180,398$165,621▼ $14,777
Other Liabilities$405,671$162,336▼ $243,335
Deferred Revenue$69,826$42,022▼ $27,804
Total Liabilities$655,895$369,979▼ $285,916
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,332,602$1,421,576▲ $88,974
Net Assets With Donor Restrictions$46,055$62,241▲ $16,186
Total Net Assets Fund Balance$1,378,657$1,483,817▲ $105,160
Total Liabilities and Net Assets / Fund Balance$2,034,552$1,853,796▼ $180,756

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$2,434,483$2,434,483
Compensation and Service Providers

Employees

NameTitleOtherTotal
Dr Maureen DoyleVice Chair$135,286$135,286
Mr Craig HollomanExecutive Director$120,622$120,622
Mr Hawkins WarnerDirector$85,496$85,496

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,651,035
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$638,777
Change in Net Assets
$105,160

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,651,035
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,651,035
Total Revenue per Form 990
$3,651,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,545,875
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,545,875--$3,545,875
Total Functional Expenses$3,545,875$0$0$3,545,875

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,545,875
Total Expenses per Audited Statements$3,545,875
Total Expenses per Form 990$3,545,875
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northern Kentucky UniversityHighland Heights, KY501(c)(3)Public Services$0
Northern Kentucky UniversityHighland Heights, KY501(c)(3)Research$0
Northern Kentucky UniversityHighland Heights, KY501(c)(3)Academic Support$0
Northern Kentucky UniversityHighland Heights, KY501(c)(3)General - Nonmandatory$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Unrestricted$162,336
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A final copy of the form 990 is provided to each board member prior to filing with the irs. A review is conducted by the executive committee.

Form 990, Part VI, Section B, Line 12C

A conflict of interest policy is incorporated into the bylaws of the research foundation. The policy requires officers and directors to disclose potential conflicts for themselves and their family members. A questionnaire is distributed annually to each officer and director for disclosure purposes. Possible conflicts are handled per established university policy.

Form 990, Part VI, Section C, Line 19

The irs form 990 is available upon request. The articles of incorporation and bylaws, which include a conflict of interest policy are made available upon request for public inspection. The university's consolidated financial information appear on the university's website.

Filing and Contact Details

Filer

Filer Name
Northern Kentucky University Research
EIN
20-1787893
Phone
8595725136
Address
NUNN DRIVE UC405, HIGHLAND HEIGHTS, KY 41099

Signing Officer

Name
Chris Calvert
Title
ASC. VP FIN. SVCS; CFO
Phone
8595725136
Signed
2026-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter M Hoffmann Phd
Formed
2006
Legal Domicile
Ky
Voting Board Members
15
Independent Board Members
7
Employees
0
Volunteers
16

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
435 N WHITTINGTON PKWY STE 400, LOUISVILLE, KY 40222
Preparer
Amelia Sebastian
Phone
5025896050
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

This process has not changed from the prior year.

Financial Statement Notes

PART II, LINE 9:

The conservation easement funds are held as agency funds. Therefore, the funds are reflected in the balance sheet only.

PART IV, LINE 2B:

Stream corridor and wetland restoration funds are held as agency funds in a custodial fund.

Part II, Line 2

The research foundation administers the stream corridor restoration fund under an agreement with the nku center for environmental restoration and the us army corps of engineers.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
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IRS990/GrantsToOrganizationsInd01
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE RESEARCH FOUNDATION IS ORGANIZED FOR EDUCATIONAL PURPOSES TO SUPPORT NKU'S EFFORTS TO PROMOTE THE DEVELOPMENT, IMPLEMENTATION AND COORDINATION OF SPONSORED PROGRAMS INVLOLVING INSTRUCTION, PUBLIC SERVICE, AND RESEARCH. THIS INCLUDES THE ADMINISTRATION OF CONSERVATION EASEMENTS AND OTHER PROJECTS THAT FURTHER THE MISSION OF NORTHERN KENTUCKY UNIVERSTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt01483817
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherLiabilitiesGrp/EOYAmt0162336
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0685715
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0432220
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016234
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0PETER M HOFFMANN PHD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0IN THE AREAS OF STUDENT FINANCIAL ASSISTANCE AND STUDENT SERVICES,FUNDING PROVIDED SUPPORT FOR THE FEDERAL EDUCATION PROGRAM, STUDENTSUPPORT SERVICES, FINANCIAL AID PROGRAMS INCLUDING FUNDING FORPROJECT SOAR STUDENTS, UPWARD BOUND STUDENTS, AND PARTICIPANTS INTRAINEESHIP IN SPECIAL EDUCATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt056270
IRS990/ProgSrvcAccomActy2Grp/GrantAmt056270
IRS990/ProgSrvcAccomActy3Grp/Desc0PROGRAM SERVICE ACCOMPLISHMENTS IN THE AREAS OF BASIC AND APPLIEDRESEARCH INCLUDED PROJECTS SUCH AS THE NASA FUNDED HELIX PROJECT,STUDY OF COSMIC RAYS AND WORK WITH NASA ON THE INTERNATIONAL SPACESTATION. NATIONAL SCIENCE FOUNDATION SPONSORED RESEARCH INCLUDED ASTUDY OF STELLAR COMPANIONS, TIM CONSORTIUM OF MOLECULAR RESEARCH,TECHNOLOGY-CENTERED MATHEMATICAL NOTICING, FSML PLANNING GRANT,HETEROARYLATION OF KETONES, AND SEARCH FOR VERIFIABLE COMPLEXDIFFUSION MECHANISMS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01124
IRS990/ProgSrvcAccomActy3Grp/GrantAmt01124
IRS990/ProgSrvcAccomActyOtherGrp/Desc0NON-CAPITAL TRANSFERS
IRS990/ProgSrvcAccomActyOtherGrp/Desc1INSTRUCTION
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0125256
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt112196
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0125256
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt112196
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CONSERVATION EASEMENT FUNDS ARE HELD AS AGENCY FUNDS. THEREFORE, THE FUNDS ARE REFLECTED IN THE BALANCE SHEET ONLY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1STREAM CORRIDOR AND WETLAND RESTORATION FUNDS ARE HELD AS AGENCY FUNDS IN A CUSTODIAL FUND.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE RESEARCH FOUNDATION ADMINISTERS THE STREAM CORRIDOR RESTORATION FUND UNDER AN AGREEMENT WITH THE NKU CENTER FOR ENVIRONMENTAL RESTORATION AND THE US ARMY CORPS OF ENGINEERS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 9:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART II, LINE 2
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IRS990ScheduleI/RecipientTable/CashGrantAmt30
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt3181526
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PUBLIC SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ACADEMIC SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL - NONMANDATORY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTHERN KENTUCKY UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NORTHERN KENTUCKY UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NORTHERN KENTUCKY UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3NORTHERN KENTUCKY UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0611010545
IRS990ScheduleI/RecipientTable/RecipientEIN1611010545
IRS990ScheduleI/RecipientTable/RecipientEIN2611010545
IRS990ScheduleI/RecipientTable/RecipientEIN3611010545
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2NUNN DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3NUNN DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HIGHLAND HEIGHTS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1HIGHLAND HEIGHTS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2HIGHLAND HEIGHTS
IRS990ScheduleI/RecipientTable/USAddress/CityNm3HIGHLAND HEIGHTS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1KY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2KY
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE RESEARCH FOUNDATION MAKES GRANTS TO NORTHERN KENTUCKY UNIVERSITY, A RELATED ENTITY. GRANTS ARE MADE TO PROMOTE AND IMPLEMENT SCIENTIFIC AND EDUCATIONAL ACTIVITIES. GRANTS ARE DOCUMENTED AND MADE PURSUANT TO RESEARCH FOUNDATION POLICIES AND PROCEDURES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:

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