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EIN 74-2378230

Academy Research and Development Institute

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Colorado Springs
State
Colorado
Year formed
1984
Most recent tax filings
2023-06-01
NTEE code, primary
B43: University or Technological Institute
Description
Ardi fortifies academic distinction at the united states air force Academy by establishing, stewarding and managing perpetually endowed academic chairs. Foster academic excellence at the air force Academy by providing distinguished visiting professors to mentor faculty and cadets.
Total revenues
$-1,003,542
2023
Total expenses
$2,102,200
2023
Total assets
$44,203,625
2023
Num. employees
3
2023

Program areas at Academy Research and Development Institute

To provide visiting lecturer's and professors to help educate students at the air force Academy. Professors teach subjects such as economics, arabic, engineering and others to help cadets reach their academic potential.

Who funds Academy Research and Development Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
International Education FoundationEducational Support at Usafa$628,568

Personnel at Academy Research and Development Institute

NameTitleCompensation
Michael ErdleChairman$0
Terry ErdleVice Chairman$0
Dana MontgomeryDirector and Vice President$132,700
Mathew RoesemannTreasurer$0
Lorraine StickleSecretary$0
...and 1 more key personnel

Financials for Academy Research and Development Institute

RevenuesFYE 06/2023
Total grants, contributions, etc.$297,196
Program services$0
Investment income and dividends$781,785
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,082,523
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$-1,003,542

Form 990s for Academy Research and Development Institute

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-13990View PDF
2022-062023-02-17990View PDF
2021-062022-03-16990View PDF
2021-062022-03-04990View PDF
2020-062022-03-23990View PDF
...and 11 more Form 990s
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
June 26, 2023
Received grants
Identified 1 new grant, including a grant for $628,568 from International Education Foundation
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Used new vendors
Identified 1 new vendor, including
May 27, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
SchoolsResearch centersMilitary and veteran charitiesHeadquarter / parent organizationsCharities
Issues
Science and technologyEducationMilitary and veterans
Characteristics
Conducts researchEndowed supportTax deductible donations
General information
Address
720 Walsen Rd
Colorado Springs, CO 80921
Metro area
Colorado Springs, CO
County
El Paso County, CO
Website URL
ardifoundation.org/ 
Phone
(719) 599-1370
IRS details
EIN
74-2378230
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Central organization
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