Applied Research Institute

Bloomington, Indiana

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.15×
Peer Median2.76×
💰
$55.3M
Total Revenue
📊
$50.6M
Total Expenses
🏦
$7.6M
Net Assets
📋
$34.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+81.7%
Year-over-year change (2022 → 2023)
Net Margin
+8.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.15
Net assets divided by total expenses
Liabilities-to-Assets
81.8%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$55,308,760↑82%$50,567,517↑71%$41,727,832↑278%
2022$30,438,388↑235%$29,551,415↑291%$11,042,297↑232%
2021$9,074,163↑107%$7,556,576↑86%$3,329,526↑327%
2020$4,382,204↑3429%$4,062,553↑940306%$779,321↑489%
2019$124,191$432$132,247

Frequently Asked Questions

What does Applied Research Institute do?▼

Applied Research Institute is a community improvement & capacity building nonprofit organization based in Indiana. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Applied Research Institute financially healthy?▼

Based on our 9-metric Financial Health Score model, Applied Research Institute has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Applied Research Institute generate?▼

Applied Research Institute reports $76.9M in annual revenue and holds $47.1M in total assets, based on IRS filings.

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