NonprofitsThe Academy Research And Development Institute

The Academy Research And Development Institute

COLORADO SPGS, CO

Total revenue

$5.3M

Total expenses

$2.4M

Net assets

$50.6M

Grants received

$2.3M

6 grants

EIN

742378230

Tax year

2023

Mission

Ardi fortifies academic distinction at the usafa through perpetually endowed academic chairs

Financials

FY 2023

Revenue

Contributions & grants$789K
Program service revenue
Investment income$4.8M
Other revenue
Total revenue$5.3M

Expenses

Grants paid
Salaries & benefits$381K
Fundraising$81K
Other expenses$2.0M
Total expenses$2.4M
Total assets$50.7M
Net assets$50.6M

People

7 listed

NameRoleCompensation

DANA MONTGOMERY

VICE PRESIDENT, DIRECTOR

Board

$132K

40 hrs/wk

TERRY ERDLE

TREASURER, DIRECTOR

Board

5 hrs/wk

MICHAEL ERDLE

CHAIRMAN, CEO

Board

20 hrs/wk

BOB EDMONDS

DIRECTOR

Board

5 hrs/wk

CHRIS MILLER

DIRECTOR

Board

5 hrs/wk

RICK PYATT

DIRECTOR

Board

5 hrs/wk

JACK CATTON

DIRECTOR

Board

5 hrs/wk

Independent contractors

ROKKE-SIMON CHAIR

PROFESSOR

$220K

PHILIP J ERDLE CHAIR

PROFESSOR

$146K

COLEMAN-RICHARDSON CHAIR

PROFESSOR

$144K

ARABIC STUDIES CHAIR

PROFESSOR

$144K

LYON CHAIR

PROFESSOR

$143K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$294K
See Part IV
2024
$567K
EDUCATIONAL SUPPORT AT USAFA
2023
$71K
See Part IV
2023
$495K
EDUCATIONAL SUPPORT AT USAFA
2022
$629K
EDUCATIONAL SUPPORT AT USAFA
2021
$239K
EDUCATIONAL SUPPORT AT USAFA
2020

Funded by

$2.3M from 2 funders · 6 grants · 2020–2024

International Education Foundation

$1.9M · 4 grants · 2020–2023

Air Force Academy Foundation

$365K · 2 grants · 2023–2024

Details

EIN742378230
Subsection03
Ruling date1986-01
Formed1984
Employees3
Volunteers4
THE ACADEMY RESEARCH AND DEVELOPMENT INSTITUTE — Mission, Financials & Grants Received | Grantivo