Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
64 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $750K paid to officers and key staff.
Raja Suresh’s $231K as Managing Director (thru 6/24) is at the 100th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Raja Suresh | $231,036 | $83,700 | — | — | — |
| Ronald Thompson | — | $214,017 | $173,676 | — | — |
| David Thomas | — | — | — | $143,877 | $188,003 |
| Ben Strasser | $180,401 | — | — | — | — |
| Anthony Bloch | $172,572 | — | — | — | — |
| Justin Wheeler | — | $150,836 | — | — | — |
| Claudia Eldib | — | — | — | — | $137,297 |
| Christian Fortunato | — | — | — | — | $136,993 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Conducts applied research and development from concept to implementation, coordinating with Arizona State University.
Questions for Asu Research Enterprise
Your first name shows with your question. Asu Research Enterprise answers here, for everyone.
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Grow asu research enterprise (asure) into a recognized leader in technology innovation through applied research and development in order to strengthen asu's reach, reputation, and impact on the toughest challenges facing national security and global well-being.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $96K | $424K |
| Land, buildings, equipmentLn 10c | $261K | $66K |
| Total assetsLn 16 | $423K | $1.2M |
| LiabilitiesLn 26 | $802K | $794K |
| Net assetsLn 32 | −$379K | $448K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $646K | $646K | ||
| Pay of current officers, directors and key staffLn 5 | $86K | $86K | ||
| Other salaries and wagesLn 7 | $160K | $19K | $141K | |
| Pension plan contributionsLn 8 | $11K | $11K | ||
| Other employee benefitsLn 9 | $38K | $38K | ||
| Payroll taxesLn 10 | $20K | $20K | ||
| Legal feesLn 11b | $10K | $10K | ||
| Accounting feesLn 11c | $5K | $5K | ||
| Investment management feesLn 11f | $93K | $83K | $10K | |
| Office expensesLn 13 | $7K | $3K | $4K | |
| Information technologyLn 14 | $38K | $276 | $38K | |
| OccupancyLn 16 | $37K | $37K | ||
| TravelLn 17 | $9K | $5K | $4K | |
| Conferences, conventions and meetingsLn 19 | $718 | $718 | ||
| InterestLn 20 | $954 | $954 | ||
| Other expenses (24a–d)Ln 24 | $14K | $40 | $14K | |
| Total functional expensesLn 25 | $1.2M | $756K | $419K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $843K | $272K | $571K | $1.0M | 990 PDF |
| FY2024 Viewing | $2.0M | $1.2M | $827K | $448K | 990 PDF |
| FY2023 | $809K | $3.5M | −$2.7M | −$379K | 990 PDF |
| FY2022 | $8.2M | $9.4M | −$1.2M | $2.3M | 990 PDF |
| FY2021 | $57.6M | $52.4M | $5.2M | $3.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $2,002,312 revenue, 12 lines filed
Part VI · Governance 2 of 2 board members independent, no flags
Part VIII · Statement of revenue $2,002,312 across 5 lines filed
Part IX · Statement of functional expenses $1,175,521 across 16 lines filed
Part X · Balance sheet $1,242,408 assets, 12 lines filed
Part XI · Reconciliation of net assets $447,923 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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