CENTER FOR AUTOMOTIVE RESEARCH

EIN: 010779978 501(c)(3) Science & Technology

ANN ARBOR, MI

Total Revenue
$3,246,645
Total Expenses
$3,486,300
Total Assets
$1,908,474
Net Assets
$-399,305
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MI
Principal Officer
ALAN AMICI
Phone
7346621287
Tax Period
2023-01-01 to 2023-12-31

CENTER FOR AUTOMOTIVE RESEARCH, founded in 2003, is a community nonprofit in the Science & Technology sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

AN INDEPENDENT NONPROFIT PRODUCING INDUSTRY-DRIVEN RESEARCH AND FOSTERING DIALOGUE ON CRITICAL ISSUES FACING AUTOMOTIVE INDUSTRY AND ITS IMPACT ON THE U.S. ECONOMY AND SOCIETY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,284,853
Program Service Revenue $1,961,452
Investment Income $340
Other Revenue $0
TOTAL REVENUE $3,246,645

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,806,319
Fundraising Expenses $138,528
Program Expenses $2,161,407
Other Expenses $1,679,981
TOTAL EXPENSES $3,486,300

Year-over-Year Comparison

2023 2022 Change
Revenue $3,246,645 $2,687,576 +0.2%
Expenses $3,486,300 $3,125,432 +0.1%
Net Income $-239,655 $-437,856 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
31
Volunteers
8

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$735,166
Total Directors
9
$271,121
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ANDREW BROWN JR DIRECTOR 0.60
Director
$0 $0 $0
JADA SMITH DIRECTOR 0.60
Director
$0 $0 $0
JOHN BOZZELLA DIRECTOR 0.60
Director
$0 $0 $0
ED KNAPP DIRECTOR 0.60
Director
$0 $0 $0
MIKE PUTZ CPA DIRECTOR 0.60
Director
$0 $0 $0
ALAN AMICI PRESIDENT AND CEO 40.00
Officer Director
$254,092 $17,029 $271,121
DR ANUJA SONALKER DIRECTOR 0.30
Director
$0 $0 $0
MICHAEL PRESS DIRECTOR 0.30
Director
$0 $0 $0
DR DON HILLEBRAND DIRECTOR 0.30
Director
$0 $0 $0
CHERIE VAN ALLEN VP OF OPERATIONS AND SECRE 40.00
Officer
$119,262 $16,892 $136,154
K VENKATESH PRASAD SENIOR VP OF RESEARCH 40.00
Officer
$168,751 $12,342 $181,093
STEVEN POLAKOWSKI VP OF BUSINESS DEVELOPMENT 40.00
Officer
$122,562 $24,236 $146,798
YEN CHEN SENIOR RESEARCH ECONOMIST 1.00
Highest
$109,176 $20,080 $129,256
EDGAR FALER SENIOR INDUSTRY ANALYST 1.00
Highest
$121,878 $13,371 $135,249
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,246,645 $3,486,300 $1,908,474 $-239,655
2022 $2,687,576 $3,125,432 $2,277,311 $-437,856
2021 $2,931,484 $3,200,009 $911,154 $-268,525
2020 $2,761,929 $3,440,571 $816,316 $-678,642
2019 $4,052,893 $4,300,946 $1,220,912 $-248,053
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