Civic Intelligence

Lsu Research Foundation

EIN 46-0512010 • Baton Rouge, LA

204 Thomas Boyd HallBaton Rouge, LA 70803
Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.01x

Higher debt load relative to revenue than 26% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Net Margin

50th percentile

5.6%

Higher net margin than 50% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

$10M-$25M nonprofits • Source year 2024

Asset Growth

5th percentile

-22%

Faster asset growth than 5% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-22%

Faster revenue growth than 13% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$12,200,911

Down $3,489,182 (-22%) from 2023

Liabilities

Down

$17,947

Down $3,587,850 (-100%) from 2023

Net Assets

Up

$12,182,964

Up $98,668 (+0.8%) from 2023

Operations
Liabilities / Revenue26th percentileNet Margin50th percentile

Revenue

Down

$1,753,131

Down $507,611 (-22%) from 2023

Expenses

Down

$1,654,303

Down $205,436 (-11%) from 2023

Net Income

Down

$98,828

Down $302,175 (-75%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth5th percentile

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

$60M$40M$20M$0Assets 2010: $25,532,923Liabilities 2010: $612,499Net Assets 2010: $24,920,4242010Assets 2011: $29,886,547Liabilities 2011: $1,349,082Net Assets 2011: $28,537,4652011Assets 2012: $52,289,064Liabilities 2012: $6,227,683Net Assets 2012: $46,061,3812012Assets 2013: $22,189,422Liabilities 2013: $1,726,631Net Assets 2013: $20,462,7912013Assets 2014: $21,537,618Liabilities 2014: $2,161,539Net Assets 2014: $19,376,0792014Assets 2016: $18,612,081Liabilities 2016: $2,546,391Net Assets 2016: $16,065,6902016Assets 2017: $17,286,283Liabilities 2017: $3,394,397Net Assets 2017: $13,891,8862017Assets 2018: $15,813,592Liabilities 2018: $3,571,573Net Assets 2018: $12,242,0192018Assets 2019: $14,151,428Liabilities 2019: $3,379,4042019Assets 2020: $15,959,942Liabilities 2020: $4,942,535Net Assets 2020: $11,017,4072020Assets 2021: $15,942,333Liabilities 2021: $4,342,503Net Assets 2021: $11,599,8302021Assets 2022: $15,989,614Liabilities 2022: $4,003,611Net Assets 2022: $11,986,0032022Assets 2023: $15,690,093Liabilities 2023: $3,605,797Net Assets 2023: $12,084,2962023Assets 2024: $12,200,911Liabilities 2024: $17,947Net Assets 2024: $12,182,9642024

Highlighted filing

2024

Assets$12,200,911
Liabilities$17,947
Net Assets$12,182,964
Open 2024 Filing

Operations Trend

Revenue Growth13th percentile

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

$40M$20M$0-$20M-$40MRevenue 2010: $3,434,925Expenses 2010: $3,576,986Net Income 2010: -$142,0612010Revenue 2011: $3,206,643Expenses 2011: $3,130,462Net Income 2011: $76,1812011Revenue 2012: $20,520,539Expenses 2012: $3,109,974Net Income 2012: $17,410,5652012Revenue 2013: $4,280,983Expenses 2013: $27,628,147Net Income 2013: -$23,347,1642013Revenue 2014: $2,028,460Expenses 2014: $3,020,554Net Income 2014: -$992,0942014Revenue 2016: $2,902,517Expenses 2016: $4,011,087Net Income 2016: -$1,108,5702016Revenue 2017: $2,027,325Expenses 2017: $3,790,342Net Income 2017: -$1,763,0172017Revenue 2018: $2,035,185Expenses 2018: $3,412,597Net Income 2018: -$1,377,4122018Revenue 2019: $1,254,761Expenses 2019: $2,437,419Net Income 2019: -$1,182,6582019Revenue 2020: $2,261,235Expenses 2020: $2,002,824Net Income 2020: $258,4112020Revenue 2021: $2,367,438Expenses 2021: $1,783,610Net Income 2021: $583,8282021Revenue 2022: $2,424,743Expenses 2022: $2,038,570Net Income 2022: $386,1732022Revenue 2023: $2,260,742Expenses 2023: $1,859,739Net Income 2023: $401,0032023Revenue 2024: $1,753,131Expenses 2024: $1,654,303Net Income 2024: $98,8282024

Highlighted filing

2024

Revenue$1,753,131
Expenses$1,654,303
Net Income$98,828
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,200,911
Liabilities
$17,947
Net assets
$12,182,964
Revenue
$1,753,131
Expenses
$1,654,303
Net income
$98,828
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.2$0.02$12.2$1.75$1.65$0.10
2023Detailed filing. Detailed filing data is available for this year.$15.7$3.61$12.1$2.26$1.86$0.40
2022Detailed filing. Detailed filing data is available for this year.$16.0$4.00$12.0$2.42$2.04$0.39
2021Detailed filing. Detailed filing data is available for this year.$15.9$4.34$11.6$2.37$1.78$0.58
2020Detailed filing. Detailed filing data is available for this year.$16.0$4.94$11.0$2.26$2.00$0.26
2019Summary only. Only limited summary data is available for this year.$14.2$3.38$1.25$2.44$1.18
2018Detailed filing. Detailed filing data is available for this year.$15.8$3.57$12.2$2.04$3.41$1.38
2017Detailed filing. Detailed filing data is available for this year.$17.3$3.39$13.9$2.03$3.79$1.76
2016Detailed filing. Detailed filing data is available for this year.$18.6$2.55$16.1$2.90$4.01$1.11
2014Detailed filing. Detailed filing data is available for this year.$21.5$2.16$19.4$2.03$3.02$0.99
2013Summary only. Only limited summary data is available for this year.$22.2$1.73$20.5$4.28$27.6$23.3
2012Summary only. Only limited summary data is available for this year.$52.3$6.23$46.1$20.5$3.11$17.4
2011Summary only. Only limited summary data is available for this year.$29.9$1.35$28.5$3.21$3.13$0.08
2010Summary only. Only limited summary data is available for this year.$25.5$0.61$24.9$3.43$3.58$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT STUARTBoard Member-$0--
ANZILLA GILMORE JOINED 1024President & Board Chair-$0--
LEU ANNE GRECO JOINED 1024Board Member-$0--
SUZETTE KENT JOINED 1024Board Member-$0--
KATE SPIKES JOINED 1024Board Member-$0--
TONY LOMBARDO THRU 1024President-$0--
CHARLES LANDRY THRU 1024Board Member-$0--
Filing and Contact Details

Filer

Filer Name
Lsu Research Foundation
EIN
46-0512010
Phone
2255788233
Address
204 THOMAS BOYD HALL, BATON ROUGE, LA 70803

Signing Officer

Name
Elahe N Russell
Title
Assoc. VP for Accounting/controller
Phone
2255788233
Signed
2025-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Eag Gulf Coast LLC
Address
8550 UNITED PLAZA BLVD SUITE 1001, BATON ROUGE, LA 70809
Preparer
Gina Rachel
Phone
2259224600
Raw XML AppendixShowing 400 of 407 raw XML fields

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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0ROBERT STUART
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt10212B FACILITY SERVICES CENTRAL
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IRS990PF/Organization501c3ExemptPFInd0X
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IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/CurrentYearAmt012200911
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IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsSect4942j3BiGrp/TotalAmt048461917
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt01
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0THE AMOUNTS LISTED AS OTHER REVENUE (SEE STATEMENT 2 FOR DESCRIPTIVE LIST) SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE BY ENCOURAGING RESEARCH ACTIVITIES AND TECHNOLOGICAL GROWTH AT LOUISIANA STATE UNIVERISTY SYSTEM AND OTHER RESEARCH INSTITUTES IN THE STATE OF LOUISIANA. IN ADDITION, THE REVENUE IS USED TO FURTHER SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION BY COORDINATING AND MANAGING THE TRANSFER OF INTELLECTUAL AND INTANGIBLE PROPERTY THAT IS RELATED TO THE RESEARCH ACTIVITIES MENTIONED PREVIOUSLY.
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
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IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
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IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
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IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
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IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0ELAHE N RUSSELL
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0204 THOMAS BOYD HALL
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IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd00
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.LAETC.COM
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0TO ENCOURAGE, SUPPORT, FACILITATE, FOSTER, AND MANAGE RESEARCH, TECHNOLOGY, AND START-UP LIFE SCIENCES BUSINESS EMANATING FROM THE LOUISIANA STATE UNIVERSITY SYSTEM AND OTHER RESEARCH INSTITUTIONS AND FACILITIES IN LOUISIANA TO ENHANCE ECONOMIC GROWTH.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt0390665
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientEmailAddressTxt0[email protected]
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0ELAHE N RUSSELL
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum02255781639
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0204 THOMAS BOYD HALL
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
OtherDecreasesSchedule/OtherDecreasesDetail/Amt0160
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0UNREALIZED GAIN (LOSS) - LOUISIANA FUND I
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1DIGITAL MEDIA CENTER EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2DUES AND SUBSCRIPTIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3OFFICE EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4BAD DEBT EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt036331
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1296704
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt23285
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt31312
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt01110
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1296704
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt23285
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt31312
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt45612
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt00
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt1600001
OtherIncomeSchedule2/OtherIncomeDetail/Desc0INVESTMENT LOSS IN PARTNERSHIP INTEREST
OtherIncomeSchedule2/OtherIncomeDetail/Desc1ADMINISTRATIVE FEES
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0-19
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt00
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1600001
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt00
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0SECURITY DEPOSITS
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt09276
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt072000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt072000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0CONSULTING FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELAHE N RUSSELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSOC. VP FOR ACCOUNTING/CONTROLLER
ReturnHeader/BusinessOfficerGrp/PhoneNum02255788233
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LSU RESEARCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LSUR
ReturnHeader/Filer/EIN0460512010
ReturnHeader/Filer/PhoneNum02255788233
ReturnHeader/Filer/USAddress/AddressLine1Txt0204 THOMAS BOYD HALL
ReturnHeader/Filer/USAddress/CityNm0BATON ROUGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070803
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0923320348
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EAG GULF COAST LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08550 UNITED PLAZA BLVD SUITE 1001
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BATON ROUGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070809
ReturnHeader/PreparerPersonGrp/PhoneNum02259224600

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