Louisiana · Nonprofit
RESEARCH PARK CORPORATION
RESEARCH PARK CORPORATION (Louisiana) receives grants from 7 organizations whose IRS filings report $127,619 to it, the largest being AIR PRODUCTS FOUNDATION ($49,600). 4 of them have funded it in more than one year.
- Revenue FY2024
- $4.3M
- Funders on record
- 7
- Grants received
- $128k
- Net assets
- $19M
What Research Park Corporation does
Mission
Research Park Corporation was organized to attract industries to baton rouge and the state of louisiana. The organization's mission is to accelerate the growth of high-potential technology enabled companies by providing them with coaching, capital and connections.
As stated on its FY2024 Form 990.
Program
Developing a research park for the city of baton rouge in order to attract various industries to louisiana. Research Park Corporation worked with approximately 40 start-up companies in 2023 by providing the start-ups with all of the physical things needed to start a business, such as office space, furniture, phones, internet connectivity, and use of a shared conference room. Research Park Corporation also provides business counseling in the areas of accounting, finance, tax credits, marketing, and public relations. Research Park Corporation also educates the start-up companies and links them to resources in the community through in house educational workshops, advisory board programs, and its strategic partner network.
$3,094,383 spent$260,166 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $3,094,383.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $23M to $19M (−21%).
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.
Government-grant reliance: 2017 43% · 2018 40% · 2019 53% · 2020 48% · 2021 53% · 2022 67% · 2023 48% · 2024 34%. Grants only. Government contracts and fees sit inside program revenue.
49% of RESEARCH PARK CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 8 reported years ran a deficit.
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
Anita Tillman
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $20k.
3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 43% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of RESEARCH PARK CORPORATION’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
RESEARCH PARK CORPORATION leans on a few funders — its largest provides 39% of grant income and the top three 82%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
59% 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 RESEARCH PARK CORPORATION.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 83% · 2022 90% · 2023 90% — diversifying over time.
“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
RESEARCH PARK CORPORATION draws 72% of its grant income from funders outside Louisiana, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $55k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
RESEARCH PARK CORPORATION's funding base is broadening — from 1 funders to 2 as grant income climbed.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding RESEARCH PARK CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $654k on record — $653k federal, $2k state.
- Department of Commerce$500k
- Delta Regional Authority$153k
- SPECIAL TRANSPORTATION TRUST FD$2k
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 RESEARCH PARK CORPORATION
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 Louisiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
64%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 3 related entities
- Louisiana Technology Park LLC · disregarded
- Bon Carre Development Company LLC · disregarded
- Nexusla LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for RESEARCH PARK CORPORATION: 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.
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 RESEARCH PARK CORPORATION?
- RESEARCH PARK CORPORATION (Louisiana) receives grants from 7 organizations whose IRS filings report $127,619 to it, the largest being AIR PRODUCTS FOUNDATION ($49,600). 4 of them have funded it in more than one year.
- How many funders does RESEARCH PARK CORPORATION have?
- IRS filings report 7 organizations giving $127,619 in grants to RESEARCH PARK CORPORATION, 4 of which have funded it in more than one year.
- Who is the largest funder of RESEARCH PARK CORPORATION?
- AIR PRODUCTS FOUNDATION is the largest funder on record, with $49,600 in grants. The full list of funders is on this page.
- How can an organization like RESEARCH PARK CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Louisiana. 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 FY2024 (financials across 2017–2024), and the filings of 7 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