NORWICH UNIVERSITY APPLIED RESEARCH INSTITUTES LTD

NORWICH UNIVERSITY APPLIED RESEARCH INSTITUTES LTD

Northfield, VT, US
501(c)3
EIN
06-1669185

NORWICH UNIVERSITY APPLIED RESEARCH INSTITUTES LTD

Northfield, VT, US
501(c)3
EIN
06-1669185

Income Statement

Fiscal Year Start:
Jun 1
Revenues in 2025

$6,387,793

Government Grants
61%
Program Services
37%
Investments
2%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2025

$6,124,274

Salaries & Benefits
75%
Other
12%
Fees to Service Providers
7%
Offices, Occupancy & IT
6%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$0
$0
-
Government Grants
$3,935,933
$3,897,755
-1%
Fundraising Events
$0
$0
-
Program Services
$5,521,233
$2,388,014
-57%
Membership Dues
$0
$0
-
Investments
$120,997
$102,024
-16%
Other
$0
$0
-
Total Revenues
$9,578,163
$6,387,793
-33%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,478,026
$4,599,354
+3%
Fees to Service Providers
$2,663,616
$431,834
-84%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$332,564
$343,855
+3%
Interest
$0
$2
-
Depreciation
$9,221
$0
-100%
Other
$1,333,087
$749,229
-44%
Total Expenses
$8,816,514
$6,124,274
-31%
Net income
2024
2025
Change
Net income
+$761,649
+$263,519
-65%
Functional Expenses
Summary
2024
2025
Change
Program
$6,597,422
$4,698,460
-29%
Admin
$2,219,092
$1,425,814
-36%
Fundraising
$0
$0
-
Total Expenses
$8,816,514
$6,124,274
-31%
Income Statement
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