Nonprofit · EIN 86-2339575
RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY
Tax-exempt · FROSTBURG, MD 21532
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $10,912 | $1,300 | $9,612 | $55,123 | – | $55,123 |
| June 30, 2024 | 990-EZ | $19,437 | $4,427 | $15,010 | $46,093 | $582 | $45,511 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Program service revenue
- $10,912
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,300
Balance sheet and other
- Total assets, start of year
- $46,093
- Total assets, end of year
- $55,123
- Total liabilities, end of year
- –
- Net assets, end of year
- $55,123
- Cash, savings and investments
- $55,123
- Gross receipts
- $10,912
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER WALSH ESQ | VICE PRESIDE | 5 | $0 |
| MR TROY DONOWAY | TREASURER | 0.5 | $0 |
| MS RACHEL MICHALSKI | MEMBER | 0.5 | $0 |
| DR JOHN LOMBARDI | MEMBER | 0.5 | $0 |
| DR SHARMAN SIEBENTHAL | MEMBER | 0.5 | $0 |
| MR BRIAN LANG | MEMBER | 0.5 | $0 |
990-EZ for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR ALBERT DELIA | VICE PRESIDE | 5 | $0 |
| DR RONALD NOWACZYK | PRESIDENT | 0.5 | $0 |
| MR TROY DONOWAY | TREASURER | 0.5 | $0 |
| MS RACHEL MICHALSKI | MEMBER | 0.5 | $0 |
| DR JOHN LOMBARDI | MEMBER | 0.5 | $0 |
| DR JOHNSTON HEGEMAN | MEMBER | 0.5 | $0 |
| DR TRAKI TAYLOR | MEMBER | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 101 BRADDOCK RD HITCHINS BLDG 237, FROSTBURG, MD 21532-2303
- In care of
- % BRAD NIXON
- Signed the 990-EZ
- JENNIFER WALSH ESQ, VICE PRESIDENT
- Phone
- (301) 876-2820
- Return prepared by
- TURNBULL HOOVER & KAHL PA
Mission
THE PRIMARY PURPOSE OF THE RESEARCH FOUNDATION OF FROSTBURG STATE IS TO FURTHER THE MISSION OF FROSTBURG STATE UNIVERSITY (FSU) BY ASSISTING IN THE DEVELOPMENT OF FSU INNOVATION PARK TO ENHANCE THE PARTNERSHIP WITH THE PRIVATE SECTOR PARTNERS IN ORDER TO STIMULATE ECONOMIC DEVELOPMENT IN THE REGION AND ENHANCE THE EDUCATIONAL EXPERIENCE OF FSU STUDENTS.
Program accomplishments
- DEVELOPMENT OF FSU INNOVATION PARK
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-2339575
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $55,123
- Income (IRS master file)
- $10,912
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $10,912 | $1,300 | $55,123 | XML |
| 990-EZ | June 2024 | $19,437 | $4,427 | $46,093 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-2339575).
Questions about RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY
- What is the EIN of RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY?
- The employer identification number (EIN) of RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY is 86-2339575.
- Is RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY?
- The 990-EZ for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITY have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $10,912, expenses of $1,300 and total assets of $55,123 at year end.
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All nonprofits in FROSTBURG · Maryland · Community improvement and capacity building