The Academy Research And Development Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,875,159 | 788,248 | 2,086,911 | 347.5 | 0% |
| 2012 | 3,161,720 | 845,690 | 2,316,030 | 356.7 | 0% |
| 2013 | 3,751,593 | 826,711 | 2,924,882 | 407.4 | 0% |
| 2014 | 5,019,659 | 775,360 | 4,244,299 | 500.0 | 0% |
| 2015 | −535,197 | 867,485 | −1,402,682 | 427.5 | 0% |
| 2016 | 2,744,748 | 900,877 | 1,843,871 | 436.2 | 0% |
| 2017 | 1,962,275 | 1,009,823 | 952,452 | 400.5 | 0% |
| 2018 | 3,789,305 | 1,047,075 | 2,742,230 | 417.7 | 0% |
| 2019 | 1,150,674 | 1,629,137 | −478,463 | 262.6 | 0% |
| 2020 | 2,792,544 | 1,547,491 | 1,245,053 | 253.6 | 0% |
| 2021 | 6,317,720 | 1,912,876 | 4,404,844 | 281.6 | 20% |
| 2022 | 9,299,403 | 2,710,625 | 6,588,778 | 175.1 | 10% |
| 2023 | −1,003,542 | 2,102,200 | −3,105,742 | 252.2 | 14% |
In its most recent public year (2023), this organization spent $3,105,742 more than it brought in. Its reserves stood at about 252.2 months of spending, down from 347.5 in 2011. Staff pay was 14% of spending. $36,914,179 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Academy Research And Development Institute's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works