UNIVERSITY OF SOUTH FLORIDA INSTITUTE OF APPLIED ENGINEERING Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF SOUTH FLORIDA INSTITUTE OF APPLIED ENGINEERING

EIN 83-1012625 · Public Foundations (T30)

What they do

THE INSTITUTE of APPLIED ENGINEERING (IAE) is A TYPE I SUPPORTING ORGANIZATION of THE UNIVERSITY of SOUTH FLORIDA and IT SERVES THE INTERESTS of THE AMERICAN WARFIGHTER ACROSS DIVERSE SETTINGS, ENCOMPASSING THE BATTLEFIELD, GARRISON, and HOME ENVIRONMENTS. FROM ITS INCEPTION, THE IAE WAS STRATEGICALLY FORMULATED to ADDRESS GAPS WITHIN THE MILITARY, ALIGNING ITS MISSION WITH THE GOAL of ENHANCING THE WELL-BEING and CAPABILITIES of THE NATIONS DEFENSE PERSONNEL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $53.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

46.74%of revenue went to mission work53.2% of expenses · Program services

$87.94spent for every $100 of revenueRevenue covered expenses this year.

41.20%of revenue went to management and office costs46.8% of expenses

$0.96in assets for every $1 spent this yearSome assets cannot be spent right away.

0.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $42,362 for DR DARREN SCHUMACHER (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,952,649

Mission workProgram services$6,054,07846.74% of revenue53.2% of expenses

ManagementOffice and general costs$5,336,33541.20% of revenue46.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$1,562,23612.06% of revenueShown in gray on the chart

Total expenses$11,390,41387.94% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 53.2% mission · 46.8% management · 0.0% fundraisingTotal expenses: 87.94% of revenue

2023Expense mix: 56.9% mission · 43.1% management · 0.0% fundraisingTotal expenses: 97.81% of revenue

2022Expense mix: 68.0% mission · 32.0% management · 0.0% fundraisingTotal expenses: 96.13% of revenue

2021Expense mix: 62.3% mission · 37.7% management · 0.0% fundraisingTotal expenses: 99.14% of revenue

2020Expense mix: 62.5% mission · 37.5% management · 0.0% fundraisingTotal expenses: 93.90% of revenue

2019Expense mix: 40.3% mission · 59.7% management · 0.0% fundraisingTotal expenses: 96.84% of revenue

Money in and money out

Revenue$12,952,649

Expenses$11,390,413

Annual surplus $1,562,236 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,054,078 · 53.2% of expenses

Management and office costs$5,336,335 · 46.8% of expenses

See all reported dollar amounts

Revenue$12,952,649

Expenses$11,390,413

Assets$10,888,270

Income$12,952,649

Contributions$110,539

Mission work (program services)$6,054,078

Grants given$82,023

Average grant$82,023

Management and general$5,336,335

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR DARREN SCHUMACHERPRESIDENT/CEO · 20 hrs/week $42,362Base · Other $42,362

SYLVIA THOMASDIRECTOR $39,190Base · Other $39,190

SAMMUEL HERBERTENGINEER · 40 hrs/week $36,181Base · Other $36,181

MICHAEL ANDREWSSECRETARY · 40 hrs/week $33,229Base · Other $33,229

SCOTT DALZIEL UNTIL 042025CHIEF FINANCIAL OFFICER · 40 hrs/week $28,430Base · Other $28,430

TONY LATTANZECHIEF TECHNOLOGY OFFICER · 40 hrs/week $19,130Base · Other $19,130

TAYLOR JOHNSTONCHIEF OPERATING OFFICER · 40 hrs/week $15,575Base · Other $15,575

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

DR DARREN SCHUMACHERPRESIDENT/CEO

SYLVIA THOMASDIRECTOR

SAMMUEL HERBERTENGINEER

MICHAEL ANDREWSSECRETARY

SCOTT DALZIEL UNTIL 042025CHIEF FINANCIAL OFFICER

TONY LATTANZECHIEF TECHNOLOGY OFFICER

TAYLOR JOHNSTONCHIEF OPERATING OFFICER

DENNIS CRALLDIRECTOR

GORDON GILLETTEDIRECTOR

JIM SMITHDIRECTOR

KENNETH F MCKENZIEDIRECTOR & CHAIR

MARK CLIFTONDIRECTOR

MARK HOUSEDIRECTOR

RONALD BARTONDIRECTOR

STEPHEN MITCHELLDIRECTOR & VICE CHAIR

About this charity

Recognized since: January 2019
Location: 4202 EAST FOWLER AVENUE ENG 030, TAMPA, FL 33620-9951
County: Hillsborough
In care of: DR DARREN SCHUMACHER
Primary officer: DR DARREN SCHUMACHER, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo-iae@usf.edu Phone(813) 974-6557

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WARREN AVERETT LLC
NTEE classification: Public Foundations (T30)
IRS tax category: Public Foundations
Grant-giving organization: Yes