Mission
ARDI stewards donated endowments to sustain future American air and space power, enhancing faculty quality and cadet education at the United States Air Force Academy.
Public Charity
Academy Research and Development Institute
Academy Research and Development Institute is a nonprofit organization categorized as Public Charity based in Colorado Springs, CO. Its most recent IRS filing (2025) reports revenue of $4.2M, expenses of $2.5M, total assets of $56.5M. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $3.9M.
EIN: 742378230
Colorado Springs, CO
Latest filing: 2025
Total Revenue$4.2M
Total Expenses$2.5M
Total Assets$56.5M
Grant Records10
Funding Total$3.9M
Filing Years2021–2025
Sample Grants Received
Educational support at USAFA
$656,681
See Part IV
$261,008
EDUCATIONAL SUPPORT AT USAFA
$567,103
See Part IV
$67,038
EDUCATIONAL SUPPORT AT USAFA
$494,774
Showing up to 5 of 10 total records — full history available with membership.
Officers & Directors
Board Member
Bob Edmonds
CEO
Christopher D Miller
COO
Dana Montgomery
Board Member
Jack Catton
Chairman
Michael Erdle
Board Member
Rick Pyatt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.2M | $2.5M | $56.5M |
| 2024 | $5.3M | $2.4M | $50.7M |
| 2023 | $-1.0M | $2.1M | $44.2M |
| 2022 | $9.3M | $2.7M | $40.3M |
| 2021 | $6.3M | $1.9M | $44.9M |
Between 2021 and 2025, reported annual revenue declined from $6.3M to $4.2M (-34%), with total assets most recently reported at $56.5M.
Interactive year-over-year charts and full filing details available with membership.