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Education · 2023 Form 990

Arizona State University Foundation For A New American University: $299.3M Revenue, $135.3M Program Expenses

Tempe, Arizona · EIN 866051042 · Filing year 2023

Arizona State University Foundation For A New American University reported $299.3M in total revenue, $173.5M in total expenses, and $1.9B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($135.3M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (73/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

B
Efficiency Score
73/100

Key Facts (2023 Form 990)

Total Revenue
$299.3M
Total Expenses
$173.5M
Program Expenses
$135.3M
Program Expense Ratio
78.0%
Total Assets
$1.9B
Reserve Months
130.1 months
EIN
866051042
Latest 990 Year
2023
Top Officer Compensation
Not reported

Arizona State University Foundation For A New American University grades a B on the nonprofit efficiency rubric. 73/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Arizona State University Foundation For A New American University is a large nonprofit by U.S. standards: $299.3M in 2023 revenue against $173.5M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Arizona State University Foundation For A New American University directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Arizona State University Foundation For A New American University sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.


$299.3M
Revenue
$173.5M
Expenses
$1.9B
Total Assets
78.0%
Program Spending

How Arizona State University Foundation For A New American University Compares

Arizona State University Foundation For A New American University directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 73/100 is 1 points below the Education category average. The organization holds 130.1 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$135.3M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
130.1 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Arizona State University Foundation For A New American University, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Arizona State University Foundation For A New American University has an Efficiency Score of B (73/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Arizona State University Foundation For A New American University, Donor FAQ

Arizona State University Foundation For A New American University has an Efficiency Score of B (73/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Arizona State University Foundation For A New American University is not reported in the most recent IRS 990 filing on file.

Arizona State University Foundation For A New American University reported $299.3M in annual revenue and $173.5M in total expenses for filing year 2023. The organization holds $1.9B in total assets.

For every dollar donated to Arizona State University Foundation For A New American University, approximately 78.0 cents goes to program activities. The organization has 130.1 months of operating reserves, providing financial stability to sustain its mission.

Arizona State University Foundation For A New American University is a registered 501(c) organization with EIN 866051042, based in Tempe, Arizona. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.