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Arizona State University Research Park Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / University or Technological Institute (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$14.2M (2023)

Expenses
$7.41M (2023)

Total Assets
$74.4M (2023)

Total Liabilities
$17.5M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,247,808
Expenses
$7,405,377
Net Income
$6,842,431
Net Assets
$56,882,941
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,199,559
99.7%
Investment Income $48,249
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $74,364,914
Total Liabilities $17,481,973
Net Assets $56,882,941
Compensation
Key Employees and Officers Compensation Related Other
Dr Morgan Olsen (President/Director) $0 $961,274 $31,802
Dr Kyle Squires (Director) $0 $472,575 $5,197
Lisa Loo (Director) $0 $448,218 $15,326
Joanne Wamsley (Secretary/Treasurer (Thru 08/22)) $0 $209,619 $3,546
Anjali Halabe (Secretary/Treasurer (Joined 01/23)) $0 $0 $0
Ann Mccartney (Director) $0 $0 $0
Roc Arnett (Director) $0 $0 $0
Drena Kusari (Director) $0 $0 $0
Denny Barney (Director) $0 $0 $0
John Lewis (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,610,493
Expenses
$7,315,581
Net Income
$5,294,912
Net Assets
$50,040,510
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,608,305
100.0%
Investment Income $2,188
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $67,696,624
Total Liabilities $17,656,114
Net Assets $50,040,510
Compensation
Key Employees and Officers Compensation Related Other
Dr Morgan Olsen (President/Director) $0 $671,109 $30,902
Jose Cardenas (Director (Left 3/22)) $0 $578,385 $23,294
Dr Kyle Squires (Director) $0 $426,270 $5,197
Lisa Loo (Director (Joined 4/22)) $0 $299,144 $8,522
Joanne Wamsley (Secretary/Treasurer) $0 $289,149 $5,424
Roc Arnett (Director) $0 $0 $0
Ann Mccartney (Director) $0 $0 $0
Drena Kusari (Director) $0 $0 $0
Denny Barney (Director) $0 $0 $0
John Lewis (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,391,468
Expenses
$5,578,534
Net Income
$5,812,934
Net Assets
$44,745,598
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,391,044
100.0%
Investment Income $424
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,786,657
Total Liabilities $15,041,059
Net Assets $44,745,598
Compensation
Key Employees and Officers Compensation Related Other
Dr Morgan Olsen (President/Director) $0 $647,367 $30,810
Dr Sethuraman Panchanathan (Director (Left 07/20)) $0 $605,190 $20,105
Jose Cardenas (Director) $0 $543,803 $23,268
Dr Amy Hillman (Director (Left 01/21)) $0 $485,868 $3,187
Dr Kyle Squires (Director) $0 $403,583 $5,447
Joanne Wamsley (Secretary/Treasurer) $0 $284,708 $2,074
Roc Arnett (Director) $0 $0 $0
Ann Mccartney (Director) $0 $0 $0
Drena Kusari (Director) $0 $0 $0
Denny Barney (Director) $0 $0 $0
Brad Jannenga (Director (Left 10/20)) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,344,049
Expenses
$5,469,304
Net Income
$5,874,745
Net Assets
$38,932,664
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,328,043
99.9%
Investment Income $16,006
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,257,293
Total Liabilities $16,324,629
Net Assets $38,932,664
Compensation
Key Employees and Officers Compensation Related Other
Dr Sethuraman Panchanathan (Director) $0 $879,396 $23,255
Dr Morgan Olsen (President/Director) $0 $617,058 $26,684
Jose Cardenas (Director) $0 $537,186 $22,411
Dr Amy Hillman (Director) $0 $454,760 $2,843
Dr Kyle Squires (Director) $0 $376,937 $5,447
Joanne Wamsley (Secretary/Treasurer) $0 $289,805 $2,463
Roc Arnett (Director) $0 $0 $0
Ann Mccartney (Director) $0 $0 $0
Richard Parker (Director (Resigned 10/19)) $0 $0 $0
Brad Jannenga (Director) $0 $0 $0
Drena Kusari (Director) $0 $0 $0
Denny Barney (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,919,225
Expenses
$5,374,235
Net Income
$5,544,990
Net Assets
$33,057,919
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,897,952
99.8%
Investment Income $21,273
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $50,511,891
Total Liabilities $17,453,972
Net Assets $33,057,919
Compensation
Key Employees and Officers Compensation Related Other
Dr Morgan Olsen (President/Director) $0 $591,524 $28,253
Roc Arnett (Director) $0 $0 $0
Jose Cardenas (Director) $0 $494,017 $22,346
Dr Amy Hillman (Director) $0 $444,049 $1,680
John Lewis (Director) $0 $0 $0
Ann Mccartney (Director) $0 $0 $0
Dr Sethuraman Panchanathan (Director) $0 $877,485 $22,645
Richard Parker (Director) $0 $0 $0
Dr Kyle Squires (Director) $0 $373,410 $4,952
Brad Jannenga (Director) $0 $0 $0
Joanne Wamsley (Secretary/Treasurer) $0 $268,863 $2,780

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,478,481
Expenses
$4,974,447
Net Income
$5,504,034
Net Assets
$27,512,929
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,476,997
100.0%
Investment Income $1,484
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $45,738,509
Total Liabilities $18,225,580
Net Assets $27,512,929
Compensation
Key Employees and Officers Compensation Related Other
Dr Morgan Olsen (President/Director) $0 $577,446 $27,417
Roc Arnett (Director) $0 $0 $0
Jose Cardenas (Director) $0 $460,383 $21,432
Dr Amy Hillman (Director) $0 $435,392 $1,632
John Lewis (Director) $0 $0 $0
Ann Mccartney (Director) $0 $0 $0
Dr Sethuraman Panchanathan (Director) $0 $601,983 $22,080
Richard Parker (Director) $0 $0 $0
Dr Kyle Squires (Director) $0 $360,640 $4,687
Brad Jannenga (Director) $0 $0 $0
Karen Wittner (Director (Left 12/17)) $0 $0 $0
Wayne Doran (Director (Left 10/17)) $0 $0 $0
Joanne Wamsley (Secretary/Treasurer) $0 $239,116 $2,582

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,342,251
Expenses
$4,675,050
Net Income
$5,667,201
Net Assets
$22,008,895
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,341,002
100.0%
Investment Income $1,249
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $41,167,339
Total Liabilities $19,158,444
Net Assets $22,008,895
Compensation
Key Employees and Officers Compensation Related Other
Dr Morgan Olsen (President/Director) $0 $568,811 $27,001
Roc Arnett (Director) $0 $0 $0
Jose Cardenas (Director) $0 $439,610 $21,059
Wayne Doran (Director) $0 $0 $0
Dr Amy Hillman (Director) $0 $427,262 $1,632
John Lewis (Director) $0 $0 $0
Ann Mccartney (Director) $0 $0 $0
Dr Sethuraman Panchanathan (Director) $0 $657,947 $21,140
Richard Parker (Director) $0 $0 $0
Dr Kyle Squires (Director) $0 $338,110 $4,567
Karen Wittmer (Director) $0 $0 $0
Joanne Wamsley (Secretary/Treasurer) $0 $209,880 $2,532

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,649,339
Expenses
$4,540,488
Net Income
$5,108,851
Net Assets
$16,341,694
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,647,452
100.0%
Investment Income $1,887
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,778,485
Total Liabilities $20,436,791
Net Assets $16,341,694
Compensation
Key Employees and Officers Compensation Related Other
Dr Morgan Olsen (President/Director) $0 $516,998 $29,757
Jeff Covill (Vice President/Director) $0 $0 $0
Dr Sethuraman Panchanathan (Director) $0 $542,821 $20,780
Dr Amy Hillman (Director) $0 $419,584 $1,632
Dr Paul Johnson (Director) $0 $256,120 $3,787
Jose Cardenas (Director) $0 $406,629 $21,059
Wayne Doran (Director) $0 $0 $0
Karen Wittmer (Director) $0 $0 $0
Richard Parker (Director) $0 $0 $0
Gary Tooker (Director) $0 $0 $0
Durrell Hillis (Director) $0 $0 $0
Roc Arnett (Director) $0 $0 $0
Ann Mccartney (Director) $0 $0 $0
Dr Kyle Squires (Director) $0 $281,457 $4,627
Joanne Wamsley (Secretary/Treasurer) $0 $223,799 $3,364

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,667,226
Expenses
$4,681,036
Net Income
$4,986,190
Net Assets
$11,232,843
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,662,275
99.9%
Investment Income $4,951
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $32,803,681
Total Liabilities $21,570,838
Net Assets $11,232,843
Compensation
Key Employees and Officers Compensation Related Other
Dr Morgan Olsen (President/Director) $0 $494,544 $29,262
Jeff Covill (Vice President/Director) $0 $0 $0
Dr Sethuraman Panchanathan (Director) $0 $568,041 $19,393
Dr Amy Hillman (Director) $0 $413,887 $1,632
Dr Paul Johnson (Director) $0 $361,253 $7,265
Jose Cardenas (Director) $0 $402,908 $20,831
Wayne Doran (Director) $0 $0 $0
Karen Wittmer (Director) $0 $0 $0
Richard Parker (Director) $0 $0 $0
Gary Tooker (Director) $0 $0 $0
Durrell Hillis (Director) $0 $0 $0
Joanne Wamsley (Secretary/Treasurer) $0 $217,371 $2,664

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,925,585
Expenses
$3,958,761
Net Income
$4,966,824
Net Assets
$6,246,653
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,920,716
99.9%
Investment Income $5,258
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$389
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,225,610
Total Liabilities $21,978,957
Net Assets $6,246,653
Compensation
Key Employees and Officers Compensation Related Other
Dr Morgan Olsen (President/Director) $0 $442,133 $27,700
Dr Sethuraman Panchanathan (Director) $0 $436,494 $18,948
Dr Amy Hillman (Director) $0 $394,846 $1,632
Dr Paul Johnson (Director) $0 $346,310 $7,168
Jose Cardenas (Director) $0 $368,595 $22,031
Jeff Covill (Vice President/Director) $0 $0 $0
Wayne Doran (Director) $0 $0 $0
Karen Wittner (Director) $0 $0 $0
Richard Parker (Director) $0 $0 $0
Gary Tooker (Director) $0 $0 $0
Durrell Hillis (Director) $0 $0 $0
Joanne Wamsley (Secretary/Treasurer) $0 $192,110 $3,599

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,091,437
Expenses
$4,036,969
Net Income
$2,054,468
Net Assets
$1,279,834
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,087,230
99.9%
Investment Income $4,211
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $23,607,406
Total Liabilities $22,327,572
Net Assets $1,279,834

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,653,707
Expenses
$7,146,330
Net Income
-$1,492,623
Net Assets
-$774,634
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,654,401
> 100%
Investment Income $7,209
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$7,903
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,216,179
Total Liabilities $22,990,813
Net Assets -$774,634

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,687,978
Expenses
$4,067,140
Net Income
$1,620,838
Net Assets
$717,989
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,666,029
99.6%
Investment Income $21,949
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $24,689,479
Total Liabilities $23,971,490
Net Assets $717,989

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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