University Foundation for Education & Research Inc

EIN: 205973618 501(c)(3) Medical Research

Tampa, FL

Total Revenue
$604,542
Total Expenses
$28,033
Total Assets
$2,153,872
Net Assets
$2,142,521
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
FL
Principal Officer
Devanand Mangar
Phone
8139906430
Tax Period
2024-09-01 to 2025-08-31

University Foundation for Education & Research Inc, founded in 2006, is a small nonprofit in the Medical Research sector that reported $605K in total revenue in fiscal year 2024. The organization ran a surplus of $577K, a strong 95% operating margin.

Mission

Medical research - specifically, conducting investigations, studies, and experiments to improve the quality of care and the quality of patient outcomes during a patient's perioperative care period. The Corporation is directly engaged in the continuous active conduct of medical research in conjunction with the Tampa General Hospital Foundation, Inc. (EIN: 23-7354477), which itself is an organization described in Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(iii) of the IRS Code.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $604,542
Other Revenue $0
TOTAL REVENUE $604,542

Expense Breakdown

Grants Paid $24,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,500
Other Expenses $3,533
TOTAL EXPENSES $28,033

Year-over-Year Comparison

2024 2023 Change
Revenue $604,542 $-26,073 -24.2%
Expenses $28,033 $2,536 +10.1%
Net Income $576,509 $-28,609 -21.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Devanand Mangar D/CEO 0.00
Officer Director
$0 $0 $0
Jacquelin Mangae D/VP 0.00
Officer Director
$0 $0 $0
Madeline Mangar D/Secretary 0.00
Officer Director
$0 $0 $0
Michelle Mangar D/P 0.00
Officer Director
$0 $0 $0
Austin Ramsey Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $604,542 $28,033 $2,153,872 $576,509
2024 $-26,073 $2,536 $1,574,743 $-28,609
2023 $37,555 $1,182 $1,633,322 $36,373
2022 $181,259 $19,292 $1,596,215 $161,967
2021 $23,835 $821 $1,426,222 $23,014
2020 $391,651 $2,776 $1,403,515 $388,875
2019 $20,441 $32,102 $1,014,579 $-11,661
2018 $13,955 $841 $1,026,179 $13,114
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