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Arizona · Nonprofit

ASU RESEARCH ENTERPRISE

ASU RESEARCH ENTERPRISE (Arizona) receives grants from 2 organizations whose IRS filings report $65,777 to it, the largest being ARIZONA TECHNOLOGY COUNCIL FOUNDATION ($55,777). 1 of them have funded it in more than one year.

Revenue FY2025
$843k
Funders on record
2
Grants received
$66k
Net assets
$1.0M
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Asu Research Enterprise does

Mission

Extend asu's reach to meet its research goals through the cultivation and execution of applied r&d.

As stated on its FY2025 Form 990.

Program

  1. 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.

    $166,345 spentof which $143,945 as grants$796,246 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $166,345.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.7M) Expenses 100 ($1.8M) Net assets -24 ($-834705)2018 Revenue 49 ($821k) Expenses 75 ($1.3M) Net assets -38 ($-1340146)2019 Revenue 92 ($1.6M) Expenses 87 ($1.5M) Net assets -38 ($-1332907)2020 Revenue 120 ($2.0M) Expenses 133 ($2.4M) Net assets -47 ($-1669289)2021 Revenue 3415 ($58M) Expenses 2948 ($52M) Net assets 100 ($3.5M)2022 Revenue 486 ($8.2M) Expenses 527 ($9.4M) Net assets 67 ($2.3M)2023 Revenue 48 ($809k) Expenses 199 ($3.5M) Net assets -11 ($-378868)2024 Revenue 119 ($2.0M) Expenses 66 ($1.2M) Net assets 13 ($448k)2025 Revenue 50 ($843k) Expenses 15 ($272k) Net assets 29 ($1.0M)
'17'18'19'20'21'22'23'24'25
Revenue (50)Expenses (15)Net assets (29)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $380k to $25M (+6515%).

$146k
$154k
$550k
$380k
$25M
$4.2M
$423k
$1.2M
$1.4M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of ASU RESEARCH ENTERPRISE’s revenue is contributions — more earned-revenue than three-quarters of its peers (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$91k
’17
−$505k
’18
$7k
’19
−$336k
’20
$5.2M
’21
−$1.2M
’22
−$2.7M
’23
$827k
’24
$571k
’25
57
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Rf Shangraw Jr

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2019 and FY2020 filings.

'17'18'19'20'21'22'23'24'25
Listed1210111312891213
Joined·+0+1+3+2+2+2+5+6
No longer listed·20136125
03Who funds it

Who funds it, year by year

2021 → 2022: the base held at 1 funder, grant income rose $26k → $29k.

Funder
'21
'22
'24*
total
funders
1
1
1

Left out of every figure on this page: $170k from 2 payers (the payer shares this organization's board, largest Arizona State University Foundation for a New American University). These are real filings, and they are not money ASU RESEARCH ENTERPRISE raised.

From the IRS filings of ASU RESEARCH ENTERPRISE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ASU RESEARCH ENTERPRISE leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASU RESEARCH ENTERPRISE.

85%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2021 100% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

85% of ASU RESEARCH ENTERPRISE's grant income comes from Arizona funders.

NY
AZ

In-state vs out-of-state, by year

’21
’22
Arizona out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ASU RESEARCH ENTERPRISE runs a healthier operating margin than three-quarters of the 13,062 human services nonprofits its size.

Operating margin68% · top quartile
Months of reserve56.6mo · top quartile
Revenue growth (annualized)−8% · bottom quartile

this organization peer median middle 50% of peers· 13,062 human services nonprofits $100k–$1M, FY2025

Government funding ASU RESEARCH ENTERPRISE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.7M on record.

Federal$1.7M
grants $376kcontracts $1.3M
20
21
22
23
Top agencies
  • Department of Defense$1.2M
  • Department of Energy$491k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ASU RESEARCH ENTERPRISE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arizona

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

61% of spending goes to programs.

Program 61%Management 39%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 16 related entities

  • Epixc LLC · disregarded
  • Asu Foundation for a New American University · exempt
  • Taylor Trust FBO Asu Foundation · exempt
  • Research Collaboratory at Asu · exempt
  • Asu Enterprise Partners · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ASU RESEARCH ENTERPRISE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ASU RESEARCH ENTERPRISE?
ASU RESEARCH ENTERPRISE (Arizona) receives grants from 2 organizations whose IRS filings report $65,777 to it, the largest being ARIZONA TECHNOLOGY COUNCIL FOUNDATION ($55,777). 1 of them have funded it in more than one year.
How many funders does ASU RESEARCH ENTERPRISE have?
IRS filings report 2 organizations giving $65,777 in grants to ASU RESEARCH ENTERPRISE, 1 of which have funded it in more than one year.
Who is the largest funder of ASU RESEARCH ENTERPRISE?
ARIZONA TECHNOLOGY COUNCIL FOUNDATION is the largest funder on record, with $55,777 in grants. The full list of funders is on this page.
How can an organization like ASU RESEARCH ENTERPRISE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing