Skip to content
Nonprofiteer
← FLORIDA ATLANTIC UNIVERSITY RESEARCH CORPORATION

Form 990 for tax year 2023

Filed by FLORIDA ATLANTIC UNIVERSITY RESEARCH CORPORATION.

Totals

Total revenue
$270,095
Total expenses
$230,856
Contributions and grants received
$90,115
Grants paid
$0
Program service revenue
$37,900
Investment income
$18,773
Other revenue
$123,307
Total assets, end of year
$660,588
Total liabilities, end of year
$15
Net assets or fund balances, end of year
$660,573
Program services expenses (Part IX)
$230,856
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$230,856

Program services were 100.0% 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.

  • 1e · Government grants (contributions)

    $90,115

  • 2a · Program service revenue: PROGRAM REVENUE

    total $37,900 · related or exempt $37,900

  • 3 · Investment income

    total $18,773 · excluded $18,773

  • 5 · Royalties

    total $123,307 · related or exempt $123,307

Functional expenses

Part IX, the statement of functional expenses.

  • 15 · Royalties

    total $96,252 · program services $96,252

  • 24a · Other expenses: CONTRACTUAL AND PROGRAM

    total $134,604 · program services $134,604

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $136,430 · end of year $163,811

  • 2 · Savings and temporary cash investments

    beginning of year $404,962 · end of year $428,526

  • 12 · Investments: other securities

    beginning of year $67,000 · end of year $67,000

  • 15 · Other assets

    beginning of year $778 · end of year $1,251

  • 17 · Accounts payable and accrued expenses

    end of year $15

  • 27 · Net assets without donor restrictions

    beginning of year $609,170 · end of year $660,573

Mission and programs · 2023

Mission

PROMOTING, ENCOURAGING AND PROVIDING ASSISTANCE TO THE RESEARCH ACTIVITIES OF FLORIDA ATLANTIC UNIVERSITY'S FACULTY, STAFF, AND STUDENTS.

  • PROMOTE, ENCOURAGE AND ASSIST RESEARCH ACTIVITIES OF FACULTY, STAFF AND STUDENTS THROUGH INCOME DERIVED FROM, OR RELATED TO, THE USE, DEVELOPMENT AND APPLICATION OF UNIVERSITY WORK.

    Expenses $230,856 · Revenue $161,207

As filed on the 2023 return.

Listed in Part VII

  • Lynn Asseff

    TREASURER

    Total calculated
    $152,432
    From this org
    $0
    From related orgs
    $152,432
    Other
    $0
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $152,432 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $152,432 related

  • Dr Kimberly A Dunn

    DIRECTOR

    Total calculated
    $197,024
    From this org
    $0
    From related orgs
    $197,024
    Other
    $0
    Hours/week
    1.17 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $197,024 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $197,024 related

  • Jayson Iroff

    DIRECTOR

    Total calculated
    $228,153
    From this org
    $0
    From related orgs
    $228,153
    Other
    $0
    Hours/week
    1.17 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $228,153 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $228,153 related

  • Stacy Volnick

    DIRECTOR

    Total calculated
    $575,940
    From this org
    $0
    From related orgs
    $575,940
    Other
    $0
    Hours/week
    1.17 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $575,940 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $575,940 related

  • Dr Gregg B Fields

    PRESIDENT

    Total calculated
    $355,582
    From this org
    $0
    From related orgs
    $355,582
    Other
    $0
    Hours/week
    1.17 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $355,582 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $355,582 related

  • Dr Russell Ivy

    INTERIM PROVOST

    Total calculated
    $357,254
    From this org
    $0
    From related orgs
    $357,254
    Other
    $0
    Hours/week
    1.17 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $357,254 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $357,254 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

No itemized grants to organizations on this return.

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.

  • FLORIDA ATLANTIC UNIVERSITY

    501(C)(3) · STATE UNIVERSITY · FL

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.

  • HOOTINSIGHT MUSIC PUBLISHING LLC

    THE EDUCATION OF STUDENTS AND FACULTY AT FL ATLANTIC UNIVERSITY · FL

  • HOOTWISDOM MUSIC PUBLISHING LLC

    THE EDUCATION OF STUDENTS AND FACULTY AT FL ATLANTIC UNIVERSITY · FL

  • HOOTWISDOM RECORDING LLC

    THE EDUCATION OF STUDENTS AND FACULTY AT FL ATLANTIC UNIVERSITY · FL

Provenance

Return type
form_990
Tax year
2023
Filed
17 February 2025
IRS schema version
2023v6.0
Source object
202500529349300630

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.