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Filing year 2024

FOUNDATION FOR ADVANCING SCIENCE TECHNOLOGY EDUCATION AND RESEARCH

Hoover, Alabama·EIN 85-4253416·3
Total revenue
$2.5M
Total assets
$5.2M
Total expenses
$1.5M
Reported officers
3
Mission

CONDUCTING AND SUPPORTING HIGH QUALITY AND TIMELY MEDICAL RESEARCH TO IMPROVE THE LIVES OF PATIENTS WITH CHRONIC ILLNESSES.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Founding Dir
board member
$290k
$307k
Base
$290k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Up 57%
from 2023

From $185k in 2023 to $290k in 2024.

$185k
2023
$290k
2024
In today's dollarsEst.
Up 52% in real terms$202k to $307k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FOUNDATION FOR ADVANCING SCIENCE TECHNOLOGY EDUCATION AND RESEARCH reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.8M
$1.3M
2023
$2.5M
$1.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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