Academy Research And Development Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742378230 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Academy Research And Development Institute?

Academy Research and Development Institute (ARDI) is a nonprofit organization situated in Colorado Springs, Colorado. Its primary mission is to enhance the educational experience of students at the United States Air Force Academy (USAFA) by inviting visiting lecturers and professors. These scholars contribute to various disciplines, such as economics, Arabic, engineering, and others, helping cadets reach their academic potential. ARDI strengthens the academic reputation of USAFA through the establishment, management, and stewardship of perpetually endowed academic chairs. With a team of three dedicated individuals, ARDI plays a crucial role in fostering academic excellence at USAFA.


Official website here: www.ardifoundation.org

Is Academy Research And Development Institute legitimate?

Academy Research And Development Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Research And Development Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $165,860
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,313

For more financial information, click here


Official website here: www.ardifoundation.org

What is the mission statement of Academy Research And Development Institute?

The Academy Research and Development Institute fortifies academic distinction at the United States Air Force Academy by establishing, managing, and stewarding perpetually endowed academic chairs. This initiative enables the institute to invite visiting lecturers and professors to the academy, enriching the educational experience for students. These professors offer specialized knowledge in various subjects, such as economics, Arabic, engineering, and others, thereby assisting cadets in achieving their academic potential.


Official website here: www.ardifoundation.org

Who is the CEO of Academy Research And Development Institute?

Michael Erdle is the Chairman of Academy Research And Development Institute.


Official website here: www.ardifoundation.org

What is the revenue of Academy Research And Development Institute?

Academy Research And Development Institute's revenue in 2023 was -$1,003,542.


Official website here: www.ardifoundation.org

Who are the executives of Academy Research And Development Institute and what are their salaries?

The average compensation at Academy Research And Development Institute during 2023 was $99,058. There are 3 employees at Academy Research And Development Institute.


Here are 7 key members and their salaries:


Michael Erdle (Chairman)
  • Compensation: $0
  • Related: $198,000
  • Other: $0
Dana Montgomery (Director/Vp)
  • Compensation: $132,700
  • Related: $0
  • Other: $9,710
Terry Erdle (Vice Chairman)
  • Compensation: $0
  • Related: $142,900
  • Other: $0
Chris Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Edmonds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Pyatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Catton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ardifoundation.org

Where can I find the form 990 for Academy Research And Development Institute?

Academy Research And Development Institute's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ardifoundation.org

Learn more at the official website: www.ardifoundation.org

Mission Statement of Academy Research And Development Institute

The Academy Research and Development Institute, or ARDI, strengthens the academic excellence at the United States Air Force Academy by establishing, managing, and overseeing perpetually endowed academic chairs. This mission enables the institute to invite visiting lecturers and professors to the Air Force Academy, thereby enriching the educational experience for students. These professionals impart their expertise in various subjects, such as economics, Arabic, engineering, and others, helping cadets reach their full academic potential. By providing such opportunities, ARDI plays a crucial role in fostering academic distinction at the United States Air Force Academy.

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Impact




October, 2024

Academy Research And Development Institute (ARDI) significantly enhances academic excellence at the United States Air Force Academy. By establishing and managing perpetually endowed academic chairs, ARDI attracts distinguished visiting lecturers and professors who impart specialized knowledge to cadets. These educators cover a range of critical subjects, including economics, Arabic, and engineering, facilitating a robust learning environment that empowers students to achieve their full academic potential. The institute's efforts not only enrich the educational experience at the Academy but also ensure a continual infusion of expert insights and diverse perspectives, ultimately preparing cadets for future leadership in the military and beyond. Through these initiatives, ARDI plays an essential role in fortifying the academic foundation and standards at the Air Force Academy.




This information is meant to be a general summary of Academy Research And Development Institute. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$1,003,542 (2023)
Expenses
$2,102,200 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$1,300,738
  • Gross Receipts: $30,129,540

Assets and Liabilities:

  • Total Assets: $44,203,625
  • Total Liabilities: $19,174
  • Net Assets: $44,184,451

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Organization Details

Founding Year

1984

Principal Officer

Michael Erdle

Main Address

720 WALSEN ROAD, COLORADO SPRINGS, CO, 80921

NTEE Category

Code: B43 - Education

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