Mississippi State University Assure Research And Development
- Assets
- $152.4k
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Mississippi State, MS
- Founding
- 05/2017
- Data as of
- 06/2022
- EIN
- 81-3934085
Organization Overview
Mississippi State University Assure Research And Development is located in Mississippi State, MS. The organization was established in 2017. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Mississippi State University Assure Research And Development 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, Mississippi State University Assure Research And Development generated $2.5m in total revenue. All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 122.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
TO ENCOURAGE, PROMOTE, AND SUPPORT ACTIVITIES RELATED TO THE DEVELOPMENT OF NEW TECHNOLOGIES & RESEARCH THAT IS IN THE PUBLIC INTEREST IN ASSOCIATION WITH MISSISSIPPI STATE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND DEVELOPMENT PROGRAM EXPENSES TO DEVELOP ANDADMINISTER OPPORTUNITIES ARISING FROM RESEARCH ORTECHNOLOGICAL INNOVATIONS OF A SCIENTIFIC OR EDUCATIONAL NATURE AND TO PROMOTE ECONOMIC DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Coble Vice President | Officer | 0 | $0 |
Julie Jordan President | Officer | 0 | $0 |
Joan Lucas Secretary/general Counsel | Officer | 0 | $0 |
John Rush Board Member | Trustee | 0 | $0 |
Jerry Toney Board Member | Trustee | 0 | $0 |
Don Zant Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $863,824 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,536,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,400,712 |
| Total Program Service Revenue | $0 |
| Investment income | $549 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $2,510,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $17,381 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,411 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,077 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $876 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,726 |
| All other expenses | $0 |
| Total functional expenses | $2,440,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,781 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,600 |
| 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 | $152,381 |
| Accounts payable and accrued expenses | $73,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $5,403 |
| Other liabilities | $9,266 |
| Total liabilities | $87,669 |
| Net assets without donor restrictions | $0 |
| 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 | $64,712 |
| Total liabilities and net assets/fund balances | $152,381 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mississippi State University Assure Research And Development has recieved totaling $12,960.
| Awarding Organization | Amount |
|---|---|
American Kennel Club Canine Health Foundation Inc Raleigh, NC PURPOSE: RESEARCH | $12,960 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mississippi State University Assure Research And Development Mississippi State, MS | $152,381 | $2,510,456 |
Public Laboratory For Open Technology And Science Inc New Orleans, LA | $742,404 | $218,908 |
Univ Of South Alabama Foundation For Research And Commercialization Mobile, AL | $35,054 | $942,676 |
Tennessee Pharmacists Research And Education Foundation Nashville, TN | $1,109,479 | $372,333 |
Parents Campaign Research And Education Fund Jackson, MS | $401,897 | $339,496 |
Arkansans For Education Reform Foundation Little Rock, AR | $813,823 | $448,594 |
Foundation For The Art And Science Of Learning Pinson, AL | $105,318 | $381,578 |
Gulf Offshore Research Institute Mandeville, LA | $98,659 | $236,708 |
Arkansas Stem Coalition Little Rock, AR | $359,998 | $309,447 |
Tsu Research Economic And Community Development Foundation Nashville, TN | $103,092 | $0 |
Natchez Now Ltd Natchez, MS | $346,934 | $0 |
Dream Teachers Baton Rouge, LA | $15,665 | $0 |