Georgia Southern University Research And Svc Foundation Inc is located in Statesboro, GA. The organization was established in 1998. According to its NTEE Classification (U12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Southern University Research And Svc Foundation 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 06/2022, Georgia Southern University Research And Svc Foundation Inc generated $12.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $12.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST AND FURTHER RESEARCH AT GEORGIA SOUTHERN UNIVERSITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ASSISTS, SUPPORTS, AND FURTHERS THE RESEARCH, SERVICE, AND EDUCATIONAL MISSIONS OF GEORGIA SOUTHERN UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carl Reiber Chair | OfficerTrustee | $0 | |
Robert Whitaker Vice-Chair/t | OfficerTrustee | $0 | |
Chris Curtis Executive Di | OfficerTrustee | $0 | |
Kyle Marrero Board Member | Trustee | $0 | |
Trip Addison Board Member | Trustee | $0 | |
Ron Stalnaker Board Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $6,481,294 |
All other contributions, gifts, grants, and similar amounts not included above | $1,454,946 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,936,240 |
Total Program Service Revenue | $4,630,297 |
Investment income | $4,856 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $5,735 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,579,572 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $11,357,638 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $33,351 |
Fees for services: Accounting | $21,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $76,933 |
Advertising and promotion | $10,975 |
Office expenses | $0 |
Information technology | $182 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,065 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $14,324 |
All other expenses | $1,705 |
Total functional expenses | $12,217,240 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $6,208,359 |
Pledges and grants receivable | $1,842,621 |
Accounts receivable, net | $1,005,577 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $161,500 |
Prepaid expenses and deferred charges | $49,608 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,267,665 |
Accounts payable and accrued expenses | $33,293 |
Grants payable | $2,843,822 |
Deferred revenue | $1,518,737 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $910,441 |
Total liabilities | $5,306,293 |
Net assets without donor restrictions | $3,961,372 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,267,665 |
Over the last fiscal year, we have identified 3 grants that Georgia Southern University Research And Svc Foundation Inc has recieved totaling $100,687.
Awarding Organization | Amount |
---|---|
American Chemical Society Washington, DC PURPOSE: GENERAL SUPPORT | $57,351 |
National Foundation For The Ctrs For Disease Contr & Prevention Inc Atlanta, GA PURPOSE: MONITORING THE GLOBAL TOBACCO EPIDEMIC - RENEWAL | $37,067 |
Forging Industry Educational And Research Foundation Independence, OH PURPOSE: MANUFACTURED HIGH TEMPERATURE PROPERTIES OF WIRE ARC AND STAINLESS STEEL | $6,269 |
Organization Name | Assets | Revenue |
---|---|---|
Marine Environmental Sciences Consortium Dauphin Island, AL | $32,833,959 | $18,770,874 |
Georgia Southern University Research And Svc Foundation Inc Statesboro, GA | $9,267,665 | $12,579,572 |
Highlands Biological Foundation Inc Highlands, NC | $3,494,713 | $508,751 |
Jim H Mcclung Lighting Research Foundation Inc Atlanta, GA | $1,533,599 | $103,197 |
Exotic Propulsion Organization Madison, AL | $6,083 | $0 |
International Mechanical Diagnosis And Therapy Research Foundation Raleigh, NC | $505,212 | $8,855 |
Information Technology Institute For Advanced Study Coral Springs, FL | $9,250 | $0 |
The Directed Benefits Foundation Inc Clearwater, FL | $12,063 | $0 |
Mcwane Science Center Foundation Birmingham, AL | $0 | $0 |