James Madison University Research And Development Center Inc
- Assets
- $99.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harrisonburg, VA
- Founding
- 04/1990
- Data as of
- 06/2024
- EIN
- 54-1470709
Organization Overview
James Madison University Research And Development Center Inc is located in Harrisonburg, VA. The organization was established in 1990. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James Madison University Research And Development Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, James Madison University Research And Development Center Inc generated $37.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $25.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (15.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
REVIEW COURSE TO PREPARE HOSPITALITY STUDENTS TO SIT FOR CERTIFIED SPECIALIST IN WINE EXAM WAS ONE OF THE ACTIVITIES DURING THE YEAR. THERE WERE 100 STUDENTS RECEIVING BENEFIT FROM THE COURSE. THE OTHER COURSE WAS TO PREPARE STUDENTS FOR THE CERTIFIED INFORMATION SYSTEMS SECURITY PROFESSIONAL (CISSP) EXAM. THERE WERE 9 STUDENTS RECEIVING BENEFIT FROM THIS COURSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gj Hart Chair | 0.25 | $0 | |
Courtney Bromley Vice Chair | 0.25 | $0 | |
Michael Busing Secretary | 0.25 | $0 | |
Mark Angel Treasurer | 0.25 | $0 | |
Jari Bliss Board Member | 0.25 | $0 | |
Robert Kolvoord Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,940 |
| Membership dues | $0 |
| Investment income | $1,676 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,616 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,167 |
| Total expenses | $25,167 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,293 |
| Other assets | $0 |
| Total assets | $99,293 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,293 |