NonprofitsAndeco Institute

Public & Societal Benefit

Andeco Institute

MCLEAN, VA

Total revenue

$69.1M

Total expenses

$61.1M

Net assets

$8.0M

Grants received

EIN

862787128

Tax year

2024

Mission

Andeco leverages experience in commercial industry, along with expertise in government contracting, to establish and manage a consortium environment where the u.s. Government and industry work jointly with speed and precision. Our focus is on identifying and fully vetting best in class data providers working in all facets of data collection as potential members of the advanced data consortium.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$69.1M
Investment income
Other revenue
Total revenue$69.1M

Expenses

Grants paid
Salaries & benefits$4.4M
Fundraising
Other expenses$56.7M
Total expenses$61.1M
Total assets$12.1M
Net assets$8.0M

People

10 listed

NameRoleCompensation

JOE KYSER

BOARD MEMBER

Board

$425K

2 hrs/wk

MATTHEW CARPENTER

PRESIDENT

Board

$400K

2 hrs/wk

JOHN FOREHAND

BOARD MEMBER

Board

$283K

2 hrs/wk

MICHAEL NELSON

SECRETARY

Board

$227K

2 hrs/wk

PAUL LAGASSE

TREASURER

Board

$35K

2 hrs/wk

ROB REED

HIGHEST COMPENSATED EMPLOY

Staff

$253K

2 hrs/wk

JOSEPH CARDONE

HIGHEST COMPENSATED EMPLOY

Staff

$234K

2 hrs/wk

MICHAEL COLESANTI

HIGHEST COMPENSATED EMPLOY

Staff

$201K

2 hrs/wk

ANDREW LEACH

HIGHEST COMPENSATED EMPLOY

Staff

$188K

2 hrs/wk

JENNIFER SNYDER

HIGHEST COMPENSATED EMPLOY

Staff

$176K

2 hrs/wk

Independent contractors

RAYNE GAISFORD

CONSULTING

$177K

Details

EIN862787128
NTEE codeW20
Subsection03
Ruling date2022-09
Formed2021
Employees30
Volunteers0
ANDECO INSTITUTE — Mission, Financials & Grants Received | Grantivo