Public Charity

CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC

Based in PRINCETON, WV, CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC operates as a Public Charity. The organization reported $1.2M in revenue, $514K in expenses, $2.7M in total assets for fiscal year 2025.

EIN: 200173258 PRINCETON, WV Education N.E.C. NTEE: B99 Latest filing: 2025
Total Revenue$1.2M
Total Expenses$514K
Total Assets$2.7M
Grant Records0
Filing Years2020–2025

Mission

THE MISSION OF THE CENTER FOR APPLIED RESEARCH AND TECHNOLOGY, INC. (CART) IS TO PRODUCE OUTSTANDING APPLIED RESEARCH AND SELF-SUFFICIENT FINANCIAL RETURNS BY CONDUCTING SUCCESSFUL TECHNOLOGY DEVELOPMENT PROGRAMS FOR INDUSTRIAL SPONSORS AND FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES AND TRANSLATING SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM)INTO MARKETABLE PRODUCTS, PROCESSES, SYSTEMS AND SERVICES FOR ITS SPONSORS.

Officers & Directors

PRESIDENT Bruce V Mutter
DIRECTOR Frank Jenkins
DIRECTOR Glen Ciboroski
TREAS/SEC Heather N Williams
DIRECTOR Shannon Bowling

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.2M $514K $2.7M
2024 $709K $497K $2.0M
2023 $957K $462K $1.8M
2021 $695K $284K $1.0M
2020 $426K $275K $632K

Between 2020 and 2025, reported annual revenue grew from $426K to $1.2M (+189%), with total assets most recently reported at $2.7M.

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

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