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 2024 filing shows $57.5M in revenue, $56.3M in expenses, $27.6M in total assets. 7 publicly reported grants to this organization, totaling roughly $39K, appear in IRS filings.

EIN: 161704454 BEAVERCREEK, OH Latest filing: 2024
Total Revenue$57.5M
Total Expenses$56.3M
Total Assets$27.6M
Grant Records7
Funding Total$39K
Filing Years2019–2024

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.

Sample Grants Received

2024
FOR HEALTH CARE PREPAREDNESS
$5,600
2023
FOR HEALTH CARE PREPAREDNESS
$5,600
2022
FOR HEALTH CARE PREPAREDNESS
$5,600
2020
FOR HEALTH CARE PREPAREDNESS
$5,600
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
KEY EMPLOYEE Bruce Howard
KEY EMPLOYEE Bryan Roth
DIRECTOR Carmel Ortiz
KEY EMPLOYEE Casimir Suchyta Iii

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR HEALTH CARE PREPAREDNESS
$39,200 7 grants

Financial Trends

Year Revenue Expenses Assets
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
2019 $31.3M $31.2M $12.5M

Between 2019 and 2024, reported annual revenue grew from $31.3M to $57.5M (+84%), with total assets most recently reported at $27.6M.

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

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