ACADEMY RESEARCH AND DEVELOPMENT INSTITUTE

ACADEMY RESEARCH AND DEVELOPMENT INSTITUTE

Colorado Springs, CO, US
501(c)3
EIN
74-2378230

ACADEMY RESEARCH AND DEVELOPMENT INSTITUTE

Colorado Springs, CO, US
501(c)3
EIN
74-2378230

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$5,309,684

Other
79%
Investments
17%
Contributions
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$2,411,302

Fees to Service Providers
68%
Salaries & Benefits
16%
Other
13%
Offices, Occupancy & IT
3%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$7,196
$221,786
+2982%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$781,785
$900,177
+15%
Other
-$1,792,523
$4,187,721
-334%
Total Revenues
-$1,003,542
$5,309,684
-629%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$347,912
$381,118
+10%
Fees to Service Providers
$1,647,305
$1,632,966
-1%
Advertising & Promotion
$0
$30,523
-
Offices, Occupancy & IT
$5,781
$61,333
+961%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$101,202
$305,362
+202%
Total Expenses
$2,102,200
$2,411,302
+15%
Net income
2023
2024
Change
Net income
-$3,105,742
+$2,898,382
-193%
Functional Expenses
Summary
2023
2024
Change
Program
$1,829,586
$2,048,840
+12%
Admin
$221,554
$281,604
+27%
Fundraising
$51,060
$80,858
+58%
Total Expenses
$2,102,200
$2,411,302
+15%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)