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
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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.
Verified certifications
Confirmed against the issuing authority - not self-reported.
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 whereHow it stacks up against peers
· vs. 8 similar science & technology in United StatesRed flags
· All clearWhere every $1 goes
Common questions
· Auto-generated from filings + methodologyFlorida 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 .
Filing history
4 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.
See 5 years of revenue, expense breakdowns, and balance sheet.
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Tax-deductibility for donors
Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.
FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC is registered in United States. Donations from the Netherlands to charities outside the EU/EEA are generally not tax-deductible for Dutch donors unless the charity is listed on the Dutch ANBI register with foreign-recognized status.
Always confirm tax treatment with the charity directly or your tax advisor before donating.
Leadership
Officers & trustees (11)
Source: Public filings
Latest news
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Other science & technology in United States, by integrity assessment
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
What we don't know
Honest gaps - our score reflects transparency, not impact
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.
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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/