The Academy Research And Development Institute
EIN: 742378230 · Colorado Spgs, CO
| Metric | Value |
|---|---|
| Total Revenue | $30.6M |
| Total Expenses | $2.1M |
| Net Assets | $44.2M |
Is The Academy Research And Development Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Academy Research And Development Institute
The Academy Research And Development Institute (EIN: 742378230) is a nonprofit organization based in Colorado Spgs, CO. The organization reported total revenue of $30.6M and total assets of $50.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Academy Research And Development Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Academy Research And Development Institute is a large nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -110.8% | -22.4% | +9.7% |
| 2022 | +47.2% | +41.7% | -10.2% |
| 2021 | +126.2% | +23.6% | +37.2% |
| 2020 | +142.7% | -5.0% | -8.3% |
| 2019 | -69.6% | +55.6% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Academy Research And Development Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Academy Research And Development Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Academy Research And Development Institute
Is The Academy Research And Development Institute a legitimate charity?
The Academy Research And Development Institute (EIN: 742378230) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $30.6M. No red flags identified. Financial health grade: B.
How does The Academy Research And Development Institute spend its money?
The Academy Research And Development Institute reported $30.6M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Academy Research And Development Institute tax-deductible?
The Academy Research And Development Institute is registered as a tax-exempt nonprofit (EIN: 742378230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Academy Research And Development Institute located?
The Academy Research And Development Institute is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 742378230.
How many years of IRS 990 filings does The Academy Research And Development Institute have?
The Academy Research And Development Institute has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $30.6M in total revenue.
Filing History
IRS 990 filing history for The Academy Research And Development Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Academy Research And Development Institute's revenue has declined by 134.9%, moving from $2.9M to $-1,003,542. Total assets increased by 93.1% over the same period, from $22.9M to $44.2M. Total functional expenses rose by 166.7%, from $788K to $2.1M. The organization holds $19K in liabilities against $44.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $44.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-1,003,542 | $2.1M | $44.2M | $19K | — | View 990 |
| 2022 | $9.3M | $2.7M | $40.3M | $763K | — | View 990 |
| 2021 | $6.3M | $1.9M | $44.9M | $2K | — | View 990 |
| 2020 | $2.8M | $1.5M | $32.7M | $2K | — | View 990 |
| 2019 | $1.2M | $1.6M | $35.7M | $11K | — | View 990 |
| 2018 | $3.8M | $1.0M | $36.5M | $12K | — | View 990 |
| 2017 | $2.0M | $1.0M | $33.7M | $8K | — | View 990 |
| 2016 | $2.7M | $901K | $32.8M | $7K | — | View 990 |
| 2015 | $-535,197 | $867K | $31.0M | $79K | — | View 990 |
| 2014 | $5.0M | $775K | $32.4M | $71K | — | View 990 |
| 2013 | $3.8M | $827K | $28.1M | $68K | — | View 990 |
| 2012 | $3.2M | $846K | $25.2M | $70K | — | View 990 |
| 2011 | $2.9M | $788K | $22.9M | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-1,003,542, expenses of $2.1M, and assets of $44.2M (revenue -110.8% year-over-year).
- 2022: Revenue of $9.3M, expenses of $2.7M, and assets of $40.3M (revenue +47.2% year-over-year).
- 2021: Revenue of $6.3M, expenses of $1.9M, and assets of $44.9M (revenue +126.2% year-over-year).
- 2020: Revenue of $2.8M, expenses of $1.5M, and assets of $32.7M (revenue +142.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.6M, and assets of $35.7M (revenue -69.6% year-over-year).
- 2018: Revenue of $3.8M, expenses of $1.0M, and assets of $36.5M (revenue +93.1% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.0M, and assets of $33.7M (revenue -28.5% year-over-year).
- 2016: Revenue of $2.7M, expenses of $901K, and assets of $32.8M.
- 2015: Revenue of $-535,197, expenses of $867K, and assets of $31.0M (revenue -110.7% year-over-year).
- 2014: Revenue of $5.0M, expenses of $775K, and assets of $32.4M (revenue +33.8% year-over-year).
- 2013: Revenue of $3.8M, expenses of $827K, and assets of $28.1M (revenue +18.7% year-over-year).
- 2012: Revenue of $3.2M, expenses of $846K, and assets of $25.2M (revenue +10.0% year-over-year).
- 2011: Revenue of $2.9M, expenses of $788K, and assets of $22.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Academy Research And Development Institute:
Data Sources and Methodology
This transparency report for The Academy Research And Development Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.