Overview
What is Applied Research Institute Inc?
Applied Research Institute Inc, also known as Indiana Innovation Institute, is a nonprofit organization based in Bloomington, Indiana. With a team of 19 employees, they focus on creating a hub of national security innovation by collaborating with academia, industry, and government. Their mission is to conduct research and foster regional partnerships in Indiana, particularly in the areas of multispectral sensor data fusion and security (cyber), high-density energy storage and management, advanced materials science, and microelectronics technology and security, among others. The organization's activities aim to speed new investment, advance partnerships, generate jobs, and expand the talent pool within Indiana. They work towards solving critical defense priorities while building an ecosystem of economic growth.
Official website here: www.theari.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating) from Charity Navigator.
Applied Research Institute Inc has received a solid Three-Star rating, reflecting its strong focus on accountability and finance. The charity’s score of 81% in this category suggests a well-managed organization with transparent practices in place. This rating is particularly significant as it is derived entirely from the Accountability & Finance beacon, emphasizing the charity’s commitment to financial integrity.
Strengths of the organization include a fully independent board with all eight members meeting independence criteria, which enhances its governance. Additionally, it scores perfectly in several areas, including the existence of an audit and oversight committee, a conflict of interest policy, and a whistleblower policy. These attributes indicate that the organization is dedicated to ethical management and operational transparency.
While the positive financial management is commendable, the single beacon score means that the evaluation does not consider other critical aspects like program outcomes or community impact. Therefore, while the financials are strong, potential donors may want to look for more information on the effectiveness of its programs and overall mission execution.
This AI summary has been generated from information found on Charity Navigator.
Is Applied Research Institute Inc legitimate?
Applied Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Applied Research Institute Inc 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: $1,524,262
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,356,433
For more financial information, click here
Official website here: www.theari.us
What is the mission statement of Applied Research Institute Inc?
The Applied Research Institute Inc is dedicated to conducting research and fostering collaboration among academic institutions, government entities, and philanthropic and corporate sectors. Their mission encompasses charitable, educational, and other exempt programs focusing on multispectral sensor data fusion and security, high density energy storage and management, advanced materials science, and microelectronics technology and security, among other scientific and technological areas that align with the organization's capabilities. By engaging in these partnerships, the Applied Research Institute Inc aims to speed up new investments, advance collaborations, and create jobs while expanding the talent pool in various scientific fields.
Official website here: www.theari.us
Who is the CEO of Applied Research Institute Inc?
David Roberts is the CEO of Applied Research Institute Inc The CEO's salary of Applied Research Institute Inc is $301,808 and their total compensation is $360,431.
Official website here: www.theari.us
What is the revenue of Applied Research Institute Inc?
Applied Research Institute Inc's revenue in 2023 was $55,308,760.
Official website here: www.theari.us
Who are the executives of Applied Research Institute Inc and what are their salaries?
The average compensation at Applied Research Institute Inc during 2023 was $92,398. There are 42 employees and 6 volunteers at Applied Research Institute Inc.
Here are 16 key members and their salaries (Applied Research Institute Inc's CEO's salary is $301,808 and their total compensation is $360,431):
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- Compensation: $301,808
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- Other: $58,623
- Compensation: $290,824
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- Other: $57,577
- Compensation: $249,247
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- Other: $35,788
- Compensation: $247,000
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- Other: $27,738
- Compensation: $213,366
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- Other: $42,291
- Compensation: $263,542
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- Other: $49,533
- Compensation: $268,715
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- Other: $40,956
- Compensation: $201,540
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- Other: $30,002
- Compensation: $190,843
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- Other: $15,536
- Compensation: $164,005
- Related: $0
- Other: $42,143
Official website here: www.theari.us
Where can I find the form 990 for Applied Research Institute Inc?
Applied Research Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theari.us
Learn more at the official website: www.theari.us
Mission Statement of Applied Research Institute Inc
Applied Research Institute Inc, or ARI, is a dynamic organization that brings together academia, industry, and government to foster innovation and collaboration in the fields of national security. With a mission to conduct research and promote regional partnerships among research universities, government entities, and the philanthropic and corporate sectors, ARI is building an ecosystem that drives economic growth and advancements in various scientific and technological areas.
At the heart of ARI's mission is the convergence of multispectral sensor data fusion and security, high density energy storage and management, advanced materials science, and microelectronics technology and security. The organization's commitment extends beyond these core areas to embrace other scientific and technological disciplines that align with its capabilities and mission. ARI is dedicated to solving critical defense priorities and speeding new investments, creating opportunities for partnerships, jobs, and the development of a robust talent pool.
By fostering a collaborative environment, ARI aims to strengthen the connections between Indiana's research institutions, government entities, and the philanthropic and corporate sectors. This collaborative approach not only accelerates research and development but also fosters a culture of innovation that benefits the entire community. ARI's commitment to charitable, educational, and other exempt programs further cements its role as a catalyst for positive change and growth in the scientific and technological landscape.
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Impact
October, 2024
Applied Research Institute Inc (ARI) significantly influences the landscape of national security innovation by fostering collaboration between academia, industry, and government. The institute operates as a central hub that addresses critical defense priorities while driving economic growth in Indiana. Through initiatives like TradeWind, ARI promotes a streamlined approach to artificial intelligence acquisition, enabling the Department of Defense to access advanced technologies developed by leading innovators worldwide.
By enhancing partnerships among Indiana's research universities, governmental entities, and the private sector, ARI cultivates a robust ecosystem that supports job creation and expands the local talent pool. Its focus areas, including multi-spectral sensor data fusion, cyber security, high-density energy storage, advanced materials science, and microelectronics, further position ARI as a key player in technological advancements that strengthen national security.
Ultimately, ARI's impact extends beyond immediate defense needs to encompass broader community improvements and economic benefits, making it a pivotal force in shaping the future of innovation in the region.
This information is meant to be a general summary of Applied Research Institute Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $257,355
- Program Service Revenue: $39,709,511
- Gross Receipts: $55,308,760
Assets and Liabilities:
- Total Assets: $11,042,297
- Total Liabilities: $8,185,839
- Net Assets: $2,856,458
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$39,709,511
Organization Details
Founding Year
2017
Principal Officer
David Roberts
Website
www.theari.usNTEE Category
Code: S30 - Community improvement
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