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Florida State University Magnet Research and Development Inc

The purpose of the organization is to promote and encourage the work of faculty, staff and students through income from contracts, grants and other sources. Specifically, fsumrd will …

Florida State University Magnet Research

Science & Technology Tallahassee, FL EIN 134356799 · IRS Sign up to see website
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72
Integrity Assessment
Strong transparency
72/100 · methodology

About Florida State University Magnet Research and Development Inc

Fsumrd operates for the purpose of supporting, encouraging, and promoting scientific research, education, and training activities of faculty, staff, and students of florida state university. The organization exists to design, develop, invent, assemble, construct, test, repair, maintain, and fabricate magnets or magnet systems of any type of design, and any ancillary components necessary or desirable for the development, operation, or mainenance thereof.

Headquarters
Tallahassee, FL
Foundation type
Organization for public safety testing (509(a)(4))
NTEE code
U990
IRS subsection
501(c)(03)
Ruling date

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 2008

Mission

The purpose of the organization is to promote and encourage the work of faculty, staff and students through income from contracts, grants and other sources. Specifically, fsumrd will design, develop, build and test magnet systems.

Focus areas & reach

· What they work on and where
Science & Technology · NTEE U990
Cause tags

How it stacks up against peers

· vs. 8 similar science & technology in United States
Program spending This charity: 36%
Peer average: 70%
Integrity Assessment This charity: 72
Peer average: 90

Red flags

· All clear
IRS revocation history
Open investigations
Governance scandals
Related-party deals
Excessive exec comp

Where every $1 goes

$0.36
Program expenses$0.36 ($54,012)

Common questions

· Auto-generated from filings + methodology

Florida State University Magnet Research and Development Inc is a registered science & technology nonprofit based in Tallahassee, FL, United States. It is registered with the Internal Revenue Service (IRS). Its EIN is 134356799. It has a GiveRadar Integrity Assessment of 72/100 (Strong transparency), indicating well-documented governance, financials, and contact details. This is below the average of 90/100 for science & technology charities in United States. The organization reports $116K in annual revenue. 28 officers and directors are publicly disclosed. No red flags have been detected.

Florida State University Magnet Research and Development Inc has a GiveRadar Integrity Assessment of 72/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 72 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. For comparison, the average integrity assessment for science & technology charities in United States is 90/100.

Florida State University Magnet Research and Development Inc is located in Tallahassee, FL, United States.

Based on official tax filings, Florida State University Magnet Research and Development Inc has $116K in annual revenue. It allocates 36% of expenses to programs and services. This is below the average of 70% for science & technology charities in United States. Its revenue is below the peer average of $14M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Florida State University Magnet Research and Development Inc is classified as a Science & Technology organization, registered in United States. It operates as a Organization for public safety testing (509(a)(4)). It has $116K in annual revenue. The organization has 28 disclosed officers and directors.

No red flags have been detected for Florida State University Magnet Research and Development Inc. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

Florida State University Magnet Research and Development Inc has a GiveRadar Integrity Assessment of 72/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. 36% of expenses go to programs. The peer average is 70%. You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.

Fsumrd operates for the purpose of supporting, encouraging, and promoting scientific research, education, and training activities of faculty, staff, and students of florida state university. The organization exists to design, develop, invent, assemble, construct, test, repair, maintain, and fabricate magnets or magnet systems of any type of design, and any ancillary components necessary or desirable for the development, operation, or mainenance thereof. Florida State University Magnet Research and Development Inc is classified as a science & technology organization registered in United States.

Among science & technology charities registered in United States: Florida State University Magnet Research and Development Inc's GiveRadar Integrity Assessment of 72/100 is below the peer average of 90/100. It allocates 36% of expenses to programs, below the peer average of 70%. Its annual revenue of $116K is below the peer average of $14M.

Yes, donations to Florida State University Magnet Research and Development Inc are generally tax-deductible in the United States. Florida State University Magnet Research and Development Inc is a 501(c)(3) tax-exempt organization. Its EIN is 134356799, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.

Verified against 4 official sources, last refreshed .

Annual revenue
$100K-$1M
36% to programs
Source: IRS 990 (FY2024) why this matters
Unlock exact figures

Filing history

4 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2024, FY2023, FY2022, FY2021.
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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

WA
Walter Lee
Treasurer

Officers & trustees (11)

Source: Public filings

DA
David L•••••••••••
Director
GR
Gregory B••••••••
Director
IA
Iain D••••
Director
KE
Kelly S••••
SECRETARY
MA
Mark B•••
Director
MA
Mark R••••
PRESIDENT
RI
Richard M•••••••••
Director
SH
Shauna W••••
TREASURER
ST
Stacey P••••••••
PRESIDENT
TI
Tiffany R•••••
Treasurer
WA
Walter L••
TREASURER
Full names, contact details & compensation

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Latest news

From global news sources

No recent news coverage found

News coverage will appear here when articles mention this organization.

Activity timeline

Filings and press mentions, merged

Form filed
$0.1M revenue
FY2024
IRS_990
Form filed
$0.0M revenue
FY2023
IRS_990
Form filed
$0.0M revenue
FY2022
IRS_990
Form filed
$0.0M revenue
FY2021
IRS_990

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Peer charities

Other science & technology in United States, by integrity assessment

Charity Score Revenue Program %
Florida State University Magnet Research and Development Inc This page 72 $115,796 36%
Technology Student Association 93 $229,263 97%
Humanity Plus Inc 90 $263,171 89%
Society for Literature and Science Inc 90 $138,215 67%
Citizen Science Foundation 89 $551,176 95%
Equine Science Society Inc 89 $236,281 81%
Washington State Academy of Sciences 89 $218,480 39%
International Society of Offshore and Polar Engineers 89 $938,192 -
Atlantic Shark Institute 89 $164,394 96%

Sources and verification

Refreshed

Registration and legal identity
Internal Revenue Service (IRS) - Tax Exempt Organization Search
Financial filings
IRS Form 990 filings - Fiscal year 2024 most recent on file.
Officers and trustees
Internal Revenue Service (IRS) - Tax Exempt Organization Search - 28 disclosed in the public registry.
Supplementary verification
Charity Navigator

Data freshness

Last updated
May 27, 2026
Profile completeness
75%

What we don't know

Honest gaps - our score reflects transparency, not impact

Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified
Founding date
Year the organisation was founded not on file

Methodology

GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.

Read full methodology

Quick facts about Florida State University Magnet Research and Development Inc

What is Florida State University Magnet Research and Development Inc?
Florida State University Magnet Research and Development Inc is a science & technology organization for public safety testing (509(a)(4)) based in Tallahassee, United States. Fsumrd operates for the purpose of supporting, encouraging, and promoting scientific research, education, and training activities of faculty, staff, and students of florida state university. The organization exists to design, develop, invent, assemble, construct, test, repair, maintain, and fabricate magnets or magnet systems of any type of design, and any ancillary components necessary or desirable for the development, operation, or mainenance thereof.
Who leads Florida State University Magnet Research and Development Inc?
Walter Lee serves as Treasurer.
Where is Florida State University Magnet Research and Development Inc located?
Headquartered in Tallahassee, United States.
What is Florida State University Magnet Research and Development Inc's annual budget?
Annual revenue for fiscal year 2024 is approximately $100K-$1M. 36% of expenses go to program services.
Is Florida State University Magnet Research and Development Inc trustworthy?
Florida State University Magnet Research and Development Inc has a GiveRadar Integrity Assessment of 72 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is Florida State University Magnet Research and Development Inc's registration number?
IRS EIN: 134356799.
What is Florida State University Magnet Research and Development Inc's website?
http://www.nationalmaglab.org/RESEARCH/INDUSTRY/FSU-MRD/