Public Charity

PARALLAX ADVANCED RESEARCH CORPORATION

PARALLAX ADVANCED RESEARCH CORPORATION, of BEAVERCREEK, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $83.0M in revenue, $83.0M in expenses, $65.1M in total assets. 7 publicly reported grants to this organization, totaling roughly $39K, appear in IRS filings.

EIN: 161704454 BEAVERCREEK, OH Research Institutes & Public Policy Analysis NTEE: U05 Latest filing: 2025
Total Revenue$83.0M
Total Expenses$83.0M
Total Assets$65.1M
Grant Records7
Funding Total$39K
Filing Years2021–2025

Mission

PART I, LINE 1 THE ORGANIZATION'S MISSION IS TO OPERATE EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES TO INCLUDE PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH AND DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC AND THE TRANSITION TO OHIO INDUSTRY OF ADVANCED DATA COLLECTION, MANAGEMENT AND ANALYSIS TECHNOLOGIES. FOSTERING COLLABORATION BETWEEN THE RESEARCH CENTERS OF OHIO INFORMATION TECHNOLOGY AND RELATED COMPANIES, ACADEMIC INSTITUTIONS AND GOVERNMENTAL RESEARCH FACILITIES, ENCOURAGING THE RETENTION, DEVELOPMENT AND EXPANSION OF THE INFORMATION TECHNOLOGY AND RELATED INDUSTRIES IN OHIO AND PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH TO AID IN THE EDUCATION OF COLLEGE AND UNIVERSITY STUDENTS.

Where $100 goes at Parallax Advanced Research Corporation

How Parallax Advanced Research Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$70 Programs the work itself
$30 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $70 for programs

$70
Objective
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

GREATER DAYTON AREA HEALTH INFORMATION NETWORK
2024
FOR HEALTH CARE PREPAREDNESS
$5,600
GREATER DAYTON AREA HEALTH INFORMATION NETWORK
2023
FOR HEALTH CARE PREPAREDNESS
$5,600
GREATER DAYTON AREA HEALTH INFORMATION NETWORK
2022
FOR HEALTH CARE PREPAREDNESS
$5,600
GREATER DAYTON AREA HEALTH INFORMATION NETWORK
2020
FOR HEALTH CARE PREPAREDNESS
$5,600
GREATER DAYTON AREA HEALTH INFORMATION NETWORK
2019
FOR HEALTH CARE PREPAREDNESS
$5,600

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

KEY EMPLOYEE Andrew Gyekenyesi
KEY EMPLOYEE Anthony Gillespie
DIRECTOR Brig Gen Ret Dr David Trybula
KEY EMPLOYEE Bruce Howard
KEY EMPLOYEE Bryan Roth
DIRECTOR Carmel Ortiz

Officer compensation and complete director data available with membership.

Top Grant Purposes

Public Safety & Disaster Relief
$39,200 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $83.0M $83.0M $65.1M
2024 $57.5M $56.3M $27.6M
2023 $46.0M $45.8M $23.1M
2022 $40.7M $40.6M $15.6M
2021 $42.6M $42.8M $14.0M

Between 2021 and 2025, reported annual revenue grew from $42.6M to $83.0M (+95%), with total assets most recently reported at $65.1M.

Interactive year-over-year charts and full filing details available with membership.

Similar Organizations in OH

ACADEMIC ADVISORY COUNCIL FOR SIGNAGE RESEARCH AND EDUCATION INC
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