Asu Enterprise Partners
PO Box 2260attn Payroll Benefits, Tempe, AZ · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $26,141,383 | $25,478,371 | $272,978,203 |
| FY2024 | $14,131,223 | $24,209,129 | $235,752,276 |
| FY2023 | $17,546,517 | $35,781,750 | $218,895,578 |
| FY2022 | $23,987,399 | $29,543,399 | $205,942,964 |
| FY2021 | $28,594,627 | $18,538,133 | $136,012,494 |
| FY2020 | $52,615,559 | $20,346,572 | $103,303,314 |
| FY2019 | $65,695,653 | $25,705,954 | $109,664,392 |
| FY2018 | $29,292,673 | $17,019,928 | $51,873,947 |
| FY2017 | $40,941,324 | $25,360,405 | $71,890,175 |
Form 990 filings
The returns filed by Asu Enterprise Partners (EIN 47-5599177), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $14,816,150 | 57% |
| Program service revenue | $3,868,805 | 15% |
| Other revenue | $7,456,428 | 29% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $15,277,281 | 60% |
| Management & general | $9,960,392 | 39% |
| Fundraising | $240,698 | 1% |
What the numbers show
- Contributions & grants made up 57% of total revenue in FY2025.
- Program services accounted for 60% of functional expenses, management & general 39%, and fundraising 1%.
- 60% of functional expenses went to program services in FY2025. That is higher than 1% of 98 Education organizations in AZ.
- Net assets covered about 128.6 months of expenses at the end of the reporting year. That puts it in the 92nd percentile among 1050 Education organizations in AZ.
- Total revenue was higher than 97.4% of 1064 Education organizations in AZ.
- Total revenue fell from $40,941,324 in FY2017 to $26,141,383 in FY2025. Revenue increased in 2 and decreased in 6 of 8 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 9 reported years (FY2022, FY2023, FY2024).
- The highest revenue on record here is $65,695,653 in FY2019.
- Net assets grew from $71,890,175 to $272,978,203 between FY2017 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
ORGANIZATION'S MISSIONASU ENTERPRISE PARTNERS ("ASUEP") SERVES AS THE RESOURCE-RAISING ARM OF ARIZONA STATE UNIVERSITY.
IRS status
| Ruling year | 2016 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B11 — Education (in AZ) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Odyssey Preparatory Academy Inc — Buckeye, AZ · $32,231,684
- Flinn Foundation — Phoenix, AZ · $32,441,807
- Benjamin Franklin Charter School - Queen Creek — Gilbert, AZ · $33,747,686
- Phoenix Country Day School — Paradise Vly, AZ · $36,323,827
- Greathearts Arizona — Phoenix, AZ · $45,059,754
- Legacy Traditional Schools - Nevada Inc — Chandler, AZ · $47,327,925
- American Charter Schools Foundation — Phoenix, AZ · $50,121,792
- Leman Academy of Excellence Inc — Tucson, AZ · $50,496,559
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.