Overview

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Est.

2003

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Center for Applied Research & Technology Inc (CART) is a nonprofit organization focused on economic development, engineering, technology, and education. With an operating budget of $514.3K and total revenue of $1.2M for the 2025 filing year, CART aims to produce outstanding applied research and financial returns by conducting successful technology development programs for industrial sponsors and government agencies. The organization translates science, technology, art, and mathematics (STEM) into marketable products, processes, systems, and services, and does not rely on a single funder for 50% or more of its revenue. More information can be found on their website, www.cartinc.com.

Mission Statement

THE MISSION OF THE CENTER FOR APPLIED RESEARCH AND TECHNOLOGY, INC. (CART) IS TO PRODUCE OUTSTANDING APPLIED RESEARCH AND SELF-SUFFICIENT FINANCIAL RETURNS BY CONDUCTING SUCCESSFUL TECHNOLOGY DEVELOPMENT PROGRAMS FOR INDUSTRIAL SPONSORS AND FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES AND TRANSLATING SCIENCE, TECHNOLOGY, ART AND MATHEMATICS (STEM) INTO MARKETABLE PRODUCTS, PROCESSES, SYSTEMS AND SERVICES FOR ITS SPONSORS.
Revenues
$1.2M
Expenses
$514.3K
Net Income:
+$716.5K
Assets
$2.7M
Liabilities
$2.4K
Net Assets:
+$2.7M
Operating Budget
$514.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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B
Bruce v Mutter
Board Member
H
Heather N Williams
Board Member
S
Shannon Bowling
Board Member

Frequently Asked Questions

What is CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC’s budget?
In 2025, CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC reported an annual operating budget of around $514 thousand. More detailed financial information is available to registered users.
What causes does CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC support?
CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC supports work in Technology, Engineering, Economic development, and Education.
Where does CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC operate?
CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC is headquartered in Princeton, WV.
What is CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC’s reliance on government grants?
CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC relied on government grants for more than 65% of their total revenue in 2025.