NORWICH UNIVERSITY APPLIED RESEARCH INSTITUTES LTD

EIN: 061669185 501(c)(3) International Affairs

NORTHFIELD, VT

Total Revenue
$6,387,793
Total Expenses
$6,124,274
Total Assets
$4,633,207
Net Assets
$4,180,834
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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
2002
Legal Domicile
VT
Principal Officer
PHILIP T SUSMANN
Phone
8024852750
Tax Period
2024-06-01 to 2025-05-31

NORWICH UNIVERSITY APPLIED RESEARCH INSTITUTES LTD, founded in 2002, is a community nonprofit in the International Affairs sector that reported $6.4M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $6.1M left a modest 4% surplus.

Mission

NUARI'S MISSION IS A) TO SERVE THE NATIONAL PUBLIC INTEREST THROUGH THE STUDY OF CRITICAL NATIONAL ISSUES; B) TO PROVIDE RAPID RESEARCH, DEVELOPMENT AND DEPLOYMENT OF NEEDED TECHNOLOGY SOLUTIONS; C) TO ADDRESS RELATED CRITICAL POLICY, INFORMATION MANAGEMENT AND TECHNOLOGY ISSUES TO ENHANCE NATIONAL RESPONSE CAPABILITY; D) TO DEVELOP RELATED EDUCATIONAL AND TRAINING PROGRAMS; AND E) TO SERVE AS A NATIONAL EDUCATION CENTER FOR COUNTER-TERRORISM AND CYBERCRIME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,897,755
Program Service Revenue $2,388,014
Investment Income $102,024
Other Revenue $0
TOTAL REVENUE $6,387,793

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,599,354
Fundraising Expenses $0
Program Expenses $4,698,460
Other Expenses $1,524,920
TOTAL EXPENSES $6,124,274

Year-over-Year Comparison

2024 2023 Change
Revenue $6,387,793 $9,578,163 -0.3%
Expenses $6,124,274 $8,816,514 -0.3%
Net Income $263,519 $761,649 -0.7%
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
9
Independent Members
7
Employees
69
Volunteers
N/A

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
8
$1,271,974
Total Directors
9
$701,757
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK D YOUNG CHAIR N/A
Officer Director
$0 $0 $0
WILLIAM LASKY DIRECTOR N/A
Director
$0 $0 $0
ANDREW BANNON DIRECTOR N/A
Director
$0 $0 $0
JOHN KOZIOL DIRECTOR N/A
Director
$0 $0 $0
JOHN BROADMEADOW DIRECTOR N/A
Director
$0 $20,080 $297,243
ROBERT LINDEFJELD VICE CHAIR N/A
Officer Director
$0 $0 $0
MARK BOWMAN DIRECTOR N/A
Director
$0 $0 $0
TINA CHRISTIANO DIRECTOR N/A
Director
$0 $0 $0
PHILIP T SUSMANN PRESIDENT 40.00
Officer Director
$350,678 $53,836 $404,514
ANDREW ZYBAS SENIOR VP 40.00
Officer
$157,944 $1,266 $159,210
CHERYL WILLETTE TREASURER 40.00
Officer
$158,925 $24,517 $183,442
JULIE LAPPIN SECRETARY N/A
Officer
$100,878 $26,432 $127,310
JOHN KUNELIUS COO AND VP 40.00
Officer
$189,104 $12,833 $201,937
MICHAEL SCHULZ ASSOC. VP 40.00
Highest
$181,584 $23,146 $204,730
KRISTEN PEDERSEN VP 40.00
Officer
$171,954 $23,607 $195,561
SHERMAN PATRICK VP 40.00
Highest
$157,436 $10,507 $167,943
RACHEL SICKLER SR. DEVELOPE 40.00
Highest
$131,113 $23,151 $154,264
CODY YOUNG CISO 40.00
Highest
$123,551 $43,946 $167,497
THOMAS MUEHLEISEN EXERCISE DEV 40.00
Highest
$121,906 $37,302 $159,208
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
2025 $6,387,793 $6,124,274 $4,633,207 $263,519
2024 $9,578,163 $8,816,514 $4,996,564 $761,649
2023 $6,989,791 $6,524,577 $5,239,150 $465,214
2022 $8,048,924 $7,255,853 $3,216,977 $793,071
2021 $7,579,853 $6,507,243 $3,051,687 $1,072,610
2020 $3,650,823 $3,138,723 $1,232,410 $512,100
2019 $2,163,869 $2,253,376 $787,841 $-89,507
2018 $1,924,769 $2,306,729 $626,886 $-381,960
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