Civic Intelligence

Asu Research Enterprise

990 • Fiscal year 2015 • EIN 90-0868685

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 12, 2015

Organization Profileasure.asu.edu
PO Box 2260Tempe, AZ 85280

(480) 965-3759

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.72x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.91x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

13th percentile

-23%

Higher net margin than 13% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

98th percentile

$491,013

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 45.7% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

53rd percentile

1.4%

Faster asset growth than 53% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

80th percentile

26%

Faster revenue growth than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$569,374

Up $7,907 (+1.4%) from 2014

Net Assets

Down

-$412,030

Down $74,657 (-22%) from 2014

Liabilities

Up

$981,404

Up $82,564 (+9.2%) from 2014

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin13th percentile

Revenue

Up

$1,074,522

Up $218,789 (+26%) from 2014

Expenses

Up

$1,325,656

Up $269,019 (+25%) from 2014

Net Income

Down

-$251,134

Down $50,230 (-25%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2013: $396,565Liabilities 2013: $533,034Net Assets 2013: -$136,4692013Assets 2014: $561,467Liabilities 2014: $898,840Net Assets 2014: -$337,3732014Assets 2015: $569,374Liabilities 2015: $981,404Net Assets 2015: -$412,0302015Assets 2016: $332,024Liabilities 2016: $1,075,596Net Assets 2016: -$743,5722016Assets 2017: $146,328Liabilities 2017: $981,033Net Assets 2017: -$834,7052017Assets 2018: $154,482Liabilities 2018: $1,494,628Net Assets 2018: -$1,340,1462018Assets 2019: $550,164Liabilities 2019: $1,883,071Net Assets 2019: -$1,332,9072019Assets 2020: $379,867Liabilities 2020: $2,049,156Net Assets 2020: -$1,669,2892020Assets 2021: $25,129,055Liabilities 2021: $21,603,927Net Assets 2021: $3,525,1282021Assets 2022: $4,175,922Liabilities 2022: $1,827,124Net Assets 2022: $2,348,7982022Assets 2023: $423,221Liabilities 2023: $802,089Net Assets 2023: -$378,8682023Assets 2024: $1,242,408Liabilities 2024: $794,485Net Assets 2024: $447,9232024

Highlighted filing

2015

Assets$569,374
Liabilities$981,404
Net Assets-$412,030
Open 2015 Filing

Operations Trend

Revenue Growth80th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MRevenue 2013: $370,284Expenses 2013: $506,753Net Income 2013: -$136,4692013Revenue 2014: $855,733Expenses 2014: $1,056,637Net Income 2014: -$200,9042014Revenue 2015: $1,074,522Expenses 2015: $1,325,656Net Income 2015: -$251,1342015Revenue 2016: $1,317,525Expenses 2016: $1,649,067Net Income 2016: -$331,5422016Revenue 2017: $1,687,460Expenses 2017: $1,778,593Net Income 2017: -$91,1332017Revenue 2018: $821,296Expenses 2018: $1,326,737Net Income 2018: -$505,4412018Revenue 2019: $1,554,669Expenses 2019: $1,547,430Net Income 2019: $7,2392019Revenue 2020: $2,030,321Expenses 2020: $2,366,703Net Income 2020: -$336,3822020Revenue 2021: $57,628,345Expenses 2021: $52,433,928Net Income 2021: $5,194,4172021Revenue 2022: $8,204,365Expenses 2022: $9,380,695Net Income 2022: -$1,176,3302022Revenue 2023: $809,125Expenses 2023: $3,536,791Net Income 2023: -$2,727,6662023Revenue 2024: $2,002,312Expenses 2024: $1,175,521Net Income 2024: $826,7912024

Highlighted filing

2015

Revenue$1,074,522
Expenses$1,325,656
Net Income-$251,134
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 12, 2015
Return Version
2014v6.0
Gross Receipts
$1,093,692
Mission and Program Overview

Mission

ASU research enterprise ("ASURE") is an emerging organization that performs development and applied research projects through conducting classified and unclassified applied research projects from proof-of-concept through operational implementation, in close coordination with Arizona State University.

See Form 990, Part III, Line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$134,299$383,902▲ $249,603
Land, Buildings, and Equipment, Net$154,056$89,415▼ $64,641
Cash and Non-Interest-Bearing Accounts$253,533$86,079▼ $167,454
Prepaid Expenses and Deferred Charges$16,027$9,624▼ $6,403
Savings and Temporary Cash Investments$3,552$354▼ $3,198
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$561,467$569,374▲ $7,907
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$533,392$790,626▲ $257,234
Deferred Revenue$297,606$130,939▼ $166,667
Accounts Payable and Accrued Expenses$67,842$59,839▼ $8,003
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$898,840$981,404▲ $82,564
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-337,373$-412,030▼ $74,657
Total Net Assets Fund Balance$-337,373$-412,030▼ $74,657
Total Liabilities and Net Assets / Fund Balance$561,467$569,374▲ $7,907

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$89,415$55,230$144,645
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frances ZenzenChief Operating OfficerFT$140,323$7,658$147,981
Douglas FridaySoftware DeveloperFT$125,307$11,663$136,970

Board Members and Trustees

NameTitle
Robert JohnsonBoard Chair
RF ShangrawVice Chair/Interim Pres. & CEO
Linda MedlerDirector
Sethuraman PanchanathanDirector
Michael CrowDirector through May 2015
Virginia DeSantoCFO, Secretary & Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
none---
Revenue and Support

Revenue Composition

Contributions and Grants
$11,463
Program Service Revenue
$1,044,318
Investment Income
$-9,661
Other Revenue
$28,402
Change in Net Assets
$-251,134

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,084,185
Revenue Not Reported on Financial Statements
$-9,663
Revenue Not Reported on Form 990
$273,988
Other Revenue Adjustments
$-9,663
Total Revenue per Audited Statements
$1,358,173
Total Revenue per Form 990
$1,074,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$931,754
Other Expenses$391,902
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$399,288$353,989-$753,277
Other Employee Benefits$85,940$11,116-$97,056
Occupancy$43,371$49,662-$93,033
Fees for Services Other$53,569$12,979-$66,548
Payroll Taxes$30,391$26,950-$57,341
Depreciation Depletion$21,198$24,273-$45,471
Travel$3,054$39,284-$42,338
Office Expenses$18,124$20,753-$38,877
Insurance$15,112$17,305-$32,417
Fees for Services Accounting$11,845$13,563-$25,408
Pension Plan Contributions$12,762$11,318-$24,080
Fees for Services Legal$6,456$7,392-$13,848
Information Technology$2,113$2,419-$4,532
Grants to Domestic Orgs$2,000--$2,000
Conferences and Meetings$731$837-$1,568
Other Expenses$696$796-$1,492
All Other Expenses$191$219-$410
Total Functional Expenses$718,255$607,401$0$1,325,656

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,432,830
Expenses per Audited Statements$1,325,656
Total Expenses per Form 990$1,325,656
Expenses Not Reported on Form 990$107,174
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit With Asuf$790,626
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Filing and Contact Details

Filer

Filer Name
ASU Research Enterprise
EIN
90-0868685
In Care Of
% VIRGINIA DESANTO CPA
Phone
4809653759
Address
PO Box 2260, Tempe, AZ 85280

Signing Officer

Name
Virginia Desanto
Title
CFO/treasurer & Secretary
Phone
4809653759
Signed
2015-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
RF Shangraw Jr
Formed
2012
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
3
Employees
12
Volunteers
3

Preparer

Firm
Grant Thornton Llp
Address
101 CALIFORNIA STREET SUITE 2700, SAN FRANCISCO, CA 94111
Preparer
Bethann Londynsky
Phone
4159863900
Supplemental Narrative

Additional Explanations

Organization'S Mission

“Form 990, Part I, Line 1: ASU Research Enterprise ("ASURE") is the not-for-profit applied research and development organization formed to provide research services on behalf of Arizona State University ("ASU") on classified or unclassified governmental contracts.”

Significant Changes to the Organization'S Articles of Incorporation

“Form 990, Part VI, Section A, Line 4: The organization amended its articles of incorporation during the fiscal year-ending June 30, 2015 to outline the distribution of assets in the event of dissolution or final liquidation.”

Form 990 Review Process

“Form 990, Part VI, Section B, Line 11b: ASURE's Form 990 is prepared by an independent accounting firm. The draft Form 990 is submitted to ASURE for review by management for accuracy of reporting. Upon approval by management, the Form 990 is then provided to the Board of Directors for review. Thereafter, the Form 990 is filed with the Internal Revenue Service.”

Process for Monitoring and Enforcement of Conflict of Interest Policy

“Form 990, Part VI, Section B, Line 12c: Upon hire and on an annual basis, the officers, directors, and key employees are required to disclose any conflicts or potential conflicts relating to their involvement with ASURE. In addition, any time the individuals referred to above become aware of a new conflict, they are required to submit an updated conflict of interest/commitment form to the CFO. Any identified conflicts would be reviewed by the Board Chair and the CEO to determine any mitigation actions needed.”

Process for Establishing Compensation of Organization'S CEO/Key Employees

“Form 990, Part VI, Section B, Lines 15a and 15b: ASUF, a related organization, compensates the Vice Chair/Interim President & CEO; additionally, the organization has no key employees. As such, these questions have been answered "no" as guided by the Form 990 instructions.”

Documents Made Available to the Public

“Form 990, Part VI, Section C, Line 19: ASURE's financial statements and conflict of interest policy are not publicly available.”

Financial Statement Notes

Fin 48 (asc 740) Footnote

“Schedule D, Part X, Line 2: Tax positions taken related to ASURE's tax exempt status and other miscellaneous tax positions have been reviewed. Management is of the opinion that material positions taken by ASURE would be upheld under examination. Accordingly, ASURE has not recorded an income tax liability for uncertain tax positions as of June 30, 2015 and June 30, 2014 and does not anticipate a significant change for the following twelve months. As of June 30, 2015, ASURE's fiscal year 2013 through 2014 for the federal and Arizona tax jurisdictions remain open to examination.”

Reconciliation of Revenue per Audited Financial Statements with Return

“Schedule D, Part XI, Line 4b: Loss on Disposal of Fixed Asset: $(9,663)”

Reconciliation of Expenses per Audited Financial Statements with Return

“Schedule D, Part XII, Line 2d: Loss on Disposal of Fixed Asset: $9,663”

Raw XML AppendixShowing 400 of 639 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt067842
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt059839
IRS990/AccountsReceivableGrp/BOYAmt0134299
IRS990/AccountsReceivableGrp/EOYAmt0383902
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0See Form 990, Part III, Line 1
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0219
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0191
IRS990/AllOtherExpensesGrp/TotalAmt0410
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0VIRGINIA DESANTO CPA
IRS990/BooksInCareOfDetail/PhoneNum04809651791
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 EAST UNIVERSITY DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0Tempe
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085281
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0253533
IRS990/CashNonInterestBearingGrp/EOYAmt086079
IRS990/ChangeToOrgDocumentsInd0true
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0837
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0731
IRS990/ConferencesMeetingsGrp/TotalAmt01568
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0none
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011463
IRS990/CYGrantsAndSimilarPaidAmt02000
IRS990/CYInvestmentIncomeAmt0-9661
IRS990/CYOtherExpensesAmt0391902
IRS990/CYOtherRevenueAmt028402
IRS990/CYProgramServiceRevenueAmt01044318
IRS990/CYRevenuesLessExpensesAmt0-251134
IRS990/CYSalariesCompEmpBnftPaidAmt0931754
IRS990/CYTotalExpensesAmt01325656
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01074522
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0297606
IRS990/DeferredRevenueGrp/EOYAmt0130939
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt024273
IRS990/DepreciationDepletionGrp/ProgramServicesAmt021198
IRS990/DepreciationDepletionGrp/TotalAmt045471
IRS990/Desc0ASURE is an emerging organization that performs development and applied research projects through conducting classified and unclassified applied research projects from proof-of-concept through operational implementation, in close coordination with Arizona State University.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonatedServicesAndUseFcltsAmt0176477
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0718255
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013563
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011845
IRS990/FeesForServicesAccountingGrp/TotalAmt025408
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07392
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt06456
IRS990/FeesForServicesLegalGrp/TotalAmt013848
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt012979
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt053569
IRS990/FeesForServicesOtherGrp/TotalAmt066548
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt162.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt43.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt552.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt650.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.0
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1113120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt527285
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt67658
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt711663
IRS990/Form990PartVIISectionAGrp/PersonNm0Robert Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm1RF Shangraw
IRS990/Form990PartVIISectionAGrp/PersonNm2Linda Medler
IRS990/Form990PartVIISectionAGrp/PersonNm3Sethuraman Panchanathan
IRS990/Form990PartVIISectionAGrp/PersonNm4Michael Crow
IRS990/Form990PartVIISectionAGrp/PersonNm5Virginia DeSanto
IRS990/Form990PartVIISectionAGrp/PersonNm6Frances Zenzen
IRS990/Form990PartVIISectionAGrp/PersonNm7Douglas Friday
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6140323
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7125307
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1377893
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5223227
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair/Interim Pres. & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director through May 2015
IRS990/Form990PartVIISectionAGrp/TitleTxt5CFO, Secretary & Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chief Operating Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Software Developer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-9663
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt02000
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt09507
IRS990/GrossReceiptsAmt01093692
IRS990/GrossRentsGrp/RealAmt024876
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02419
IRS990/InformationTechnologyGrp/ProgramServicesAmt02113
IRS990/InformationTechnologyGrp/TotalAmt04532
IRS990/InsuranceGrp/ManagementAndGeneralAmt017305
IRS990/InsuranceGrp/ProgramServicesAmt015112
IRS990/InsuranceGrp/TotalAmt032417
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt02
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt055230
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0154056
IRS990/LandBldgEquipBasisNetGrp/EOYAmt089415
IRS990/LandBldgEquipCostOrOtherBssAmt0144645
IRS990/LegalDomicileStateCd0AZ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt019170
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ASU Research Enterprise ("ASURE") is an emerging organization that performs development and applied research projects through conducting classified and unclassified applied research projects from proof-of-concept through operational implementation, in close coordination with Arizona State University.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0-337373
IRS990/NetAssetsOrFundBalancesEOYAmt0-412030
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-9663
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-9663
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt024876
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt024876
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt049662
IRS990/OccupancyGrp/ProgramServicesAmt043371
IRS990/OccupancyGrp/TotalAmt093033
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020753
IRS990/OfficeExpensesGrp/ProgramServicesAmt018124
IRS990/OfficeExpensesGrp/TotalAmt038877
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011116
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt085940
IRS990/OtherEmployeeBenefitsGrp/TotalAmt097056
IRS990/OtherExpensesGrp/Desc0RECRUITING
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3BUSINESS MEALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09801
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13853
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2892
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3796
IRS990/OtherExpensesGrp/ProgramServicesAmt08559
IRS990/OtherExpensesGrp/ProgramServicesAmt12075
IRS990/OtherExpensesGrp/ProgramServicesAmt2780
IRS990/OtherExpensesGrp/ProgramServicesAmt3696
IRS990/OtherExpensesGrp/TotalAmt018360
IRS990/OtherExpensesGrp/TotalAmt15928
IRS990/OtherExpensesGrp/TotalAmt21672
IRS990/OtherExpensesGrp/TotalAmt31492
IRS990/OtherLiabilitiesGrp/BOYAmt0533392
IRS990/OtherLiabilitiesGrp/EOYAmt0790626
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt03526
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03526
IRS990/OtherRevenueTotalAmt03526
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0353989
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0399288
IRS990/OtherSalariesAndWagesGrp/TotalAmt0753277
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026950
IRS990/PayrollTaxesGrp/ProgramServicesAmt030391
IRS990/PayrollTaxesGrp/TotalAmt057341
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011318
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012762
IRS990/PensionPlanContributionsGrp/TotalAmt024080
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016027
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09624
IRS990/PrincipalOfficerNm0RF Shangraw Jr
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0RESEARCH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01044318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01044318
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0480372
IRS990/PYOtherRevenueAmt010874
IRS990/PYProgramServiceRevenueAmt0844859
IRS990/PYRevenuesLessExpensesAmt0-200904
IRS990/PYSalariesCompEmpBnftPaidAmt0576265
IRS990/PYTotalExpensesAmt01056637
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0855733
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-251134
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt011463
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt024876
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01044318
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03552
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0354
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt011463
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011463
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt024878
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt024878
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01044318
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0855732
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0529759
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02429809
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt024878
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt024878
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt02441272
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01055781
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0855732
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0529759
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt02441272
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01080659
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0855732
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0529759
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02466150
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0273988
IRS990ScheduleD/DonatedServicesUseFcltsAmt097511

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$569,374
Liabilities
$981,404
Net assets
-$412,030
Revenue
$1,074,522
Expenses
$1,325,656
Net income
-$251,134
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.24$0.79$0.45$2.00$1.18$0.83
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.80$0.38$0.81$3.54$2.73
2022Detailed filing. Detailed filing data is available for this year.$4.18$1.83$2.35$8.20$9.38$1.18
2021Detailed filing. Detailed filing data is available for this year.$25.1$21.6$3.53$57.6$52.4$5.19
2020Detailed filing. Detailed filing data is available for this year.$0.38$2.05$1.67$2.03$2.37$0.34
2019Detailed filing. Detailed filing data is available for this year.$0.55$1.88$1.33$1.55$1.55$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.15$1.49$1.34$0.82$1.33$0.51
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.98$0.83$1.69$1.78$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.33$1.08$0.74$1.32$1.65$0.33
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.98$0.41$1.07$1.33$0.25
2014Summary only. Only limited summary data is available for this year.$0.56$0.90$0.34$0.86$1.06$0.20
2013Summary only. Only limited summary data is available for this year.$0.40$0.53$0.14$0.37$0.51$0.14