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)

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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

CAR'S MISSION IS TO CONDUCT INDEPENDENT RESEARCH AND ANALYSIS TO EDUCATE, INFORM AND ADVISE STAKEHOLDERS, POLICY MAKERS, AND THE GENERAL PUBLIC ON CRITICAL ISSUES FACING THE AUTOMOTIVE INDUSTRY, AND THE INDUSTRY'S IMPACT ON THE U.S. ECONOMY AND SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $1,160,284 Revenue: $1,263,650

RESEARCH: CENTER FOR AUTOMOTIVE RESEARCH PARTICIPATES IN SEVERAL MULTI-YEAR AUTOMOTIVE INDUSTRY RELATED RESEARCH PROJECTS THAT ARE SUPPORTED BY FEDERAL, STATE, FOUNDATION AND PRIVATE INDUSTRY...

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RESEARCH: CENTER FOR AUTOMOTIVE RESEARCH PARTICIPATES IN SEVERAL MULTI-YEAR AUTOMOTIVE INDUSTRY RELATED RESEARCH PROJECTS THAT ARE SUPPORTED BY FEDERAL, STATE, FOUNDATION AND PRIVATE INDUSTRY SOURCES. THE PROJECTS FOCUS ON ANALYZING ECONOMIC AND INDUSTRY TRENDS, PERFORMING COLLABORATIVE RESEARCH PROJECTS AND FORMING OPINIONS ON AUTOMOTIVE RELATED POLICIES.

Program 2
Expenses: $556,226 Revenue: $697,802

CONFERENCES: THE CENTER FOR AUTOMOTIVE RESEARCH CONDUCTS CONFERENCES ON AUTOMOTIVE INDUSTRY TRENDS, TECHNOLOGY AND MANUFACTURING. THE MOST SIGNIFICANT CONFERENCE OFFERED IS THE CAR MANAGEMENT...

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CONFERENCES: THE CENTER FOR AUTOMOTIVE RESEARCH CONDUCTS CONFERENCES ON AUTOMOTIVE INDUSTRY TRENDS, TECHNOLOGY AND MANUFACTURING. THE MOST SIGNIFICANT CONFERENCE OFFERED IS THE CAR MANAGEMENT BRIEFING SEMINARS (MBS). THE MBS HAS TAKEN PLACE ANNUALLY FOR MORE THAN 50 YEARS. IN ADDITION TO PROVIDING UP-TO-DATE INFORMATION ON AUTOMOTIVE RELATED TOPICS, THE SEMINARS PROVIDE NETWORKING OPPORTUNITIES TO PARTICIPANTS AND PROMOTES THE SHARING OF IDEAS. IN ADDITION TO THE MBS, CAR CONDUCTS OTHER REGIONAL AND LOCAL AUTOMOTIVE RELATED CONFERENCES.

Program 3
Expenses: $444,897

MISSION: THE CENTER FOR AUTOMOTIVE RESEARCH WORKS TO FULFILL OUR NON-PROFIT DUTY TO PROMOTE THE SUSTAINABILITY OF THE AUTOMOTIVE AND MOBILITY INDUSTRY. THIS INCLUDES JOURNALIST INTERVIEWS, SPEAKING...

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MISSION: THE CENTER FOR AUTOMOTIVE RESEARCH WORKS TO FULFILL OUR NON-PROFIT DUTY TO PROMOTE THE SUSTAINABILITY OF THE AUTOMOTIVE AND MOBILITY INDUSTRY. THIS INCLUDES JOURNALIST INTERVIEWS, SPEAKING AT CONFERENCES AND OTHER PARTNER'S EVENTS, AS WELL AS GOVERNMENT RESEARCH TO SUPPORT PUBLIC POLICY.

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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

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Liquidity & Cash Position

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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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