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← RESEARCH COLLABORATORY AT ASU

Form 990 for tax year 2023

Filed by RESEARCH COLLABORATORY AT ASU.

Totals

Total revenue
$1,092,280
Total expenses
$606,790
Contributions and grants received
$150,654
Grants paid
$210,000
Program service revenue
$941,626
Investment income
$0
Other revenue
$0
Total assets, end of year
$761,352
Total liabilities, end of year
$12,861
Net assets or fund balances, end of year
$748,491
Program services expenses (Part IX)
$434,120
Management and general expenses
$172,670
Fundraising expenses
$0
Program service expenses (Part III)
$434,120

Program services were 71.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $150,000

  • 1f · All other contributions, gifts and grants

    $654

  • 2a · Program service revenue: SERVICE AGREEMENT

    total $941,626 · related or exempt $941,626

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $210,000 · program services $210,000

  • 11c · Fees: accounting

    total $82,670 · management and general $82,670

  • 11d · Fees: lobbying

    total $90,000 · management and general $90,000

  • 11g · Fees: other

    total $108,192 · program services $108,192

  • 13 · Office expenses

    total $98,955 · program services $98,955

  • 16 · Occupancy

    total $13,378 · program services $13,378

  • 24a · Other expenses: FEES AND SUBSCRIPTIONS

    total $3,295 · program services $3,295

  • 24b · Other expenses: TAXES

    total $300 · program services $300

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $142,362 · end of year $619,498

  • 2 · Savings and temporary cash investments

    beginning of year $2,148 · end of year $0

  • 4 · Accounts receivable

    beginning of year $44,049 · end of year $26,784

  • 9 · Prepaid expenses and deferred charges

    beginning of year $115,070 · end of year $115,070

  • 17 · Accounts payable and accrued expenses

    beginning of year $38,016 · end of year $12,364

  • 19 · Deferred revenue

    beginning of year $464 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $2,148 · end of year $497

  • 27 · Net assets without donor restrictions

    beginning of year $238,602 · end of year $723,911

  • 28 · Net assets with donor restrictions

    beginning of year $24,399 · end of year $24,580

Mission and programs · 2023

Mission

ADVANCEMENT OF EDUCATION AND SCIENCE FOR THE BENEFIT OF ARIZONA STATE UNIVERSITY.

  • ECASU PROVIDES SERVICES TO SUPPORT EMERGING PROGRAMS AND GLOBAL INITIATIVES ON BEHALF OF ARIZONA STATE UNIVERSITY AND GENERATES REVENUE AS PART OF SERVICE AGREEMENT.

    Expenses $434,120 · Grants $210,000 · Revenue $941,626

As filed on the 2023 return.

Listed in Part VII

  • Daniel Dillon

    PRESIDENT AND CEO (THRU 3/24)

    Total calculated
    $900,539
    From this org
    $0
    From related orgs
    $824,034
    Other
    $76,505
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $565,792 related
    Bonus
    $0 + $235,000 related
    Other
    $0 + $23,242 related
    Deferred
    $0 + $45,600 related
    Nontaxable benefits
    $0 + $30,905 related
    Filer's total
    $0 + $900,539 related
  • Virginia E Desanto

    VICE PRESIDENT, CFO & TREASURER

    Total calculated
    $349,966
    From this org
    $0
    From related orgs
    $305,588
    Other
    $44,378
    Hours/week
    7 + 43 related

    Schedule J breakdown matched by us

    Base
    $0 + $278,043 related
    Bonus
    $0 + $27,545 related
    Other
    $0
    Deferred
    $0 + $20,865 related
    Nontaxable benefits
    $0 + $23,513 related
    Filer's total
    $0 + $349,966 related
  • Hope Sharett

    CORP SECRETARY/GENERAL COUNSEL

    Total calculated
    $342,517
    From this org
    $0
    From related orgs
    $292,576
    Other
    $49,941
    Hours/week
    7 + 43 related

    Schedule J breakdown matched by us

    Base
    $0 + $265,956 related
    Bonus
    $0 + $26,620 related
    Other
    $0
    Deferred
    $0 + $20,071 related
    Nontaxable benefits
    $0 + $29,870 related
    Filer's total
    $0 + $342,517 related
  • Mark Searle

    PRESIDENT AND CEO (3/24 THRU 6/24)

    Total calculated
    $0
    Hours/week
    1 + 39 related
  • Jim O'Brien

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Sally Morton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • TEOTIHUACAN HOLDINGS LLC

    $210,000

    PROGRAM

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • ASU FOUNDATION FOR A NEW AMERICAN UNIV

    501(C)(3) · SUPPORT · AZ

    Directly controlled by EP

  • ASU RESEARCH ENTERPRISE

    501(C)(3) · SUPPORT · AZ

    Directly controlled by EP

  • TAYLOR TRUST FBO ASU FOUNDATION

    501(C)(3) · SUPPORT · AZ

    Directly controlled by ASUF

  • ASU ENTERPRISE PARTNERS

    501(C)(3) · SUPPORT · AZ

  • ASU FOUNDATION MEXICO AC

    501(C)(3) · EDUCATION · MX · controlled entity

    Directly controlled by GLOBAL III

  • RCASU GERMANY GGMBH

    501(C)(3) · HOLDING CO. · GM · controlled entity

    Directly controlled by RCASU GERMANY KKC

  • ECASU MOROCCO

    501(C)(3) · EDUCATION · MO · controlled entity

    Directly controlled by ECASU

  • ASU GLOBAL FOUNDATION UK LIMITED

    501(C)(3) · SUPPORT · UK

    Directly controlled by ASUF

  • ASU ENTERPRISE PARTNERS OUTREACH HUB

    501(C)(3) · SUPPORT · AZ

    Directly controlled by EP

  • ECASU TRUST (MALAWI)

    501(C)(3) · EDUCATION · MI · controlled entity

    Directly controlled by ECASU

  • NEWSWELL

    501(C)(3) · SUPPORT · AZ

    Directly controlled by EP

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • TEOTIHUACAN HOLDINGS LLC

    C · HOLDING CO. · DE · 100% owned · share of income $16,638 · share of assets $1,603 · controlled entity

    Directly controlled by ECASU

  • SS SPORTFISHING INC

    C · HOLDING CO. · HI · 100% owned · share of assets $115,070 · controlled entity

    Directly controlled by ECASU

  • CHARITABLE REMAINDER TRUST (16)

    T · CHARITABLE REMAINDER TRUST · AZ

    Directly controlled by ASUF

  • AZTE VENTURES CO

    C · SOLAR ENERGY · AZ

    Directly controlled by SKYSONG

Provenance

Return type
form_990
Tax year
2023
Filed
12 March 2025
IRS schema version
2023v6.0
Source object
202510739349300031

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